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I grew up in Adelaide and remember very well when prices actually went backwards. We sold our house for even less than what we paid for it and it was very very cheap, what we paid. I think this was about 12 yrs ago. I do know the Northern suburbs very well, especially the suburbs you...

$2.5k is really cheap!! I reckon it's more than double that per unit in Bris. To be fair though, anything you buy in 2000 will dbl in value, if not more. I bought a townhouse in 2003 for $120k and it is now worth about $350k with rental of about $370p/w and it was really nice too, 3br, 2...

Well done Rob! do u pay managements fees in Adelaide? coz from what I recall you don't have to. It's amazing. If you bought that many units in Brisbane the body corporate fees, rates, insurance alone would kill you. Body corporate fees here is approx $3k pa. I think it's really...