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  1. W

    Peoples thoughts on Adelaide?

    I'd probably snap lots of apartments if the Cohen family decided to build up for residential lol. I wish they expand further, with cinemas, gym, etc. One of the best managed shopping malls in Australia.
  2. W

    Peoples thoughts on Adelaide?

    I live in this area, and I did notice these couple years I could see a lot more asian faces while strolling along Burnside Village, which I am very happy of. :) I wish they could build more high rise here, it's a good place to put high density.
  3. W

    Peoples thoughts on Adelaide?

    I think so far only two types of property are doing well, either lower end or higher end. As for mid range, you'd probably have hard times selling. I've seen over the past few months many houses priced between 600k - 800k stuck.
  4. W

    Peoples thoughts on Adelaide?

    Source: http://www.propertyobserver.com.au/forward-planning/33629-adelaide-rising-more-price-growth-expected-terry-ryder.html
  5. W

    Peoples thoughts on Adelaide?

    While price growth has been slower than other cities, one thing I found is the vacancy rate is very tight here in ADL. Most of my IPs are rent out immediately without having to be vacant at all, compared to few years ago.
  6. W

    Peoples thoughts on Adelaide?

    At this stage, I am more into anything that can be positively geared (i.e. below $350K with rent of around $340, $350) and has the potential of CG. I am looking at some of the two bedder units in blue chip areas, but with a history price check on them finding that they basically only grew 1%...
  7. W

    Peoples thoughts on Adelaide?

    Are they with huge block of lands or new homes? Where would you recommend looking now? :)
  8. W

    Peoples thoughts on Adelaide?

    Whereabouts? Only areas I saw good growth rate over the past 12 months were the expensive areas like Norwood, Toorak Garden.
  9. W

    Peoples thoughts on Adelaide?

    Adl has some of the most beautiful homes in Australia, however it's the economy that always drag home prices here down... Basically anything bought over 2008, you see an average year growth of 1-2%. So imagine if you bought a property at $280,000 in 2008, it's worth prob $320,000, $330,000 now...
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