Hi Somersoft Folk,
I want to invest in Adelaide and have about $500K to spend. I would prefer a house to unit and I need it to be relatively cash flow positive or neutral and I intend to hold on to it for 15+ years. I am in Sydney and have very limited knowledge of Adelaide, having only visited it once. Does anyone have any advice about new infrastructure going in or suburbs that are becoming more gentrified, or any advice on where I should look to invest? All feedback appreciated.
I want to invest in Adelaide and have about $500K to spend. I would prefer a house to unit and I need it to be relatively cash flow positive or neutral and I intend to hold on to it for 15+ years. I am in Sydney and have very limited knowledge of Adelaide, having only visited it once. Does anyone have any advice about new infrastructure going in or suburbs that are becoming more gentrified, or any advice on where I should look to invest? All feedback appreciated.