Hi Happy,
Just curious to know if the defence project in Edinburgh will require the contractor's services for their project? If yes....the contractor employees can live in the nearby areas?
Adelaide Housing prices - Western Suburbs
- Thread starter Break'n Out
- Start date
Hi Happy,
Just curious to know if the defence project in Edinburgh will require the contractor's services for their project? If yes....the contractor employees can live in the nearby areas?
Contractors will probably not want to live in the area for the same reason the majority of defence personnel will live elsewhere.
Besides, contractors are living somewhere now. Why would they relocate their entire family move from their social network network?
'Mullet proof fence' - never heard that one before! Love it!
I agree, when I'm talking western suburbs I'm referring to Thebarton, Hindmarsh, all the way to Glenelg, Henley etc. Areas to the north of Port Rd. I'd call North West.
Guess it depends on how far you want to break areas down. Always grates with me when I hear a suburb like Prospect called 'northern suburb' etc.
I used to live in North Adelaide and if you talked to anyone on the other side of that mullet proof fence, and told them you live in North Adelaide, they'd go "oh, Elizabeth? Salisbury? Munno Para?"
NORTH not NORTHERN you nongs!
No, but one time I was catching a bus to the city (the real city) and there were a pair of 40somethings on the bus who were asking the bus driver all manner of questions because ... wait for it ...
They were from Elizabeth and had never been to the city before
So, I'm afraid to say, I'd be inclined to believe this.
They were from Elizabeth and had never been to the city before
So, I'm afraid to say, I'd be inclined to believe this.
Elizabe.....? Is that one 'f' or two?
Anedotally, coming from a real estate agent two days ago, the market just "came to a screeching halt".
Take that how you will.
Take that how you will.
Beats me. I'd imagine just one of his 'mates' in Adelaide.
Considering this REA seriously marks up houses on one side of the town and really marks them down on the other (the town has 2000 people, its basically a suburb) and also marks up houses with sheds quite heavily, you kind of take anything he has to say with a grain of salt. His agency has the majority of the listings here so they set the prices but his love of sheds makes me laugh sometimes (http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=106074874 note the first photo on this ad).
He also wants to keep my house listed when I get a tenant in case an investor wants to buy it. Mmmkay, but its a 7% yeild to an investor and a 23% yield for *me* because I bought it so long ago, and I only need $4000ish to complete my current deal. Rent will do that for me, just slower than a sale.
Considering this REA seriously marks up houses on one side of the town and really marks them down on the other (the town has 2000 people, its basically a suburb) and also marks up houses with sheds quite heavily, you kind of take anything he has to say with a grain of salt. His agency has the majority of the listings here so they set the prices but his love of sheds makes me laugh sometimes (http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=106074874 note the first photo on this ad).
He also wants to keep my house listed when I get a tenant in case an investor wants to buy it. Mmmkay, but its a 7% yeild to an investor and a 23% yield for *me* because I bought it so long ago, and I only need $4000ish to complete my current deal. Rent will do that for me, just slower than a sale.
Not a bad idea happy... I've owned my PPOR in Taperoo for 3 years now, and it's appreciated from the $250k I bought it for to probably just over $350k. I won't be selling it for a couple of years yet, I still like living in it and am renovating.
G/f just bought a place in Largs North, a simple 2br unit for $300k. Needs no work (carpets a little manky, but will be an IP in 6 months). We're moving her in at the moment. It'll be handy to have that place while I'm renovating the bathroom. Haven't actually done any maths to be honest, just like the place and figure we can't really lose money with the FHOG.
btw Happy, if you want to chat about any places between West Lakes and North Haven in the sub-$400k range, I've been watching the market for the last 4 years and am happy to chat.
Just bringing this thread back after 18 months for a re-visit of the true West suburbs.. Warradale in particular..
The Swimming centre is now complete and the water slides are great... The pub is undergoing yet another renovation this time to the Dining area.
there has been oodles of development - old houses into semi detatched selling in the $470 - $510 range... Mid range quality but selling quite well even in todays market.
Looking at developing the same with a property I bought for $330k in Early 2008
Wish me well...
The Swimming centre is now complete and the water slides are great... The pub is undergoing yet another renovation this time to the Dining area.
there has been oodles of development - old houses into semi detatched selling in the $470 - $510 range... Mid range quality but selling quite well even in todays market.
Looking at developing the same with a property I bought for $330k in Early 2008
Wish me well...
if you paid 330k and built two townhouses / villas looks like you might make some cash
Doesn't mean it is a better thing to do than to just sell the site with approvals in place.
