wow,
nice place
nice place
adelaide investment suburbs
- Thread starter madhu
- Start date
No hammerhead, will be a knock down, divide and rebuild next year.
One will be my PPOR the other an IP.
I am based in Adelaide, even though is still a newbie, I have done lots and lots of research in the Southern side.
There are major developments happening here which all will happen in the next five years and my view on the property cycle right is at the bottom of the market.
If you are looking for IP at hackham west, huntfield heights and around that area, I thoughts are not that good as there are no factors driving people to rent there.
Around the Marion area will be a better investment.
These are my thoughts.
Delvin
There are major developments happening here which all will happen in the next five years and my view on the property cycle right is at the bottom of the market.
If you are looking for IP at hackham west, huntfield heights and around that area, I thoughts are not that good as there are no factors driving people to rent there.
Around the Marion area will be a better investment.
These are my thoughts.
Delvin
Thoughts?
Directly under the flight path, but you wouldn't get a block of land much cheaper than this in the area.
http://www.realestate.com.au/property-house-sa-cowandilla-115795239
Directly under the flight path, but you wouldn't get a block of land much cheaper than this in the area.
http://www.realestate.com.au/property-house-sa-cowandilla-115795239
house is smaller than most appartments, but 60-70k more expensive. Land value is approx 240k. It will be notably CF- if renting as an apartment, but overpriced if using it as land. It's sortof in no man's land. If the house was 3 bed, or at least 80/90 square metres, it would be a very good deal.
Only if you can put up with the noise. I parked outside a house (up to 1 hour each time) that I was interested in Cowandilla before for different times of the day to gauge the sound of the plane landing. It was enough to put me off me nuts. Each to their own.
I agree, I go near there sometimes (end of runway 23) to watch planes land, it is very noisy and pretty scary at times. There are very few places like Adelaide that have houses so close to the end of runways, I personally couldn't live there.
Details of new purchase/development now in new thread.
http://somersoft.com/forums/showthread.php?t=94688
Anyone looking in the south west area?
http://www.realestate.com.au/property-house-sa-south+plympton-115855647
Nice 700sqm corner block in South Plympton 7km from Adelaide CBD nice buy and hold with some future development potential (haven't looked into the zoning)
Think it will go well above the $390k price guide
http://www.realestate.com.au/property-house-sa-south+plympton-115855647
Nice 700sqm corner block in South Plympton 7km from Adelaide CBD nice buy and hold with some future development potential (haven't looked into the zoning)
Think it will go well above the $390k price guide
