Elizabeth Downs -Hot lead for low cost Mortgagee Sale
- Thread starter Stangman
- Start date
couldnt agree with you more, the hard part is working out whether they are SS investors, investors or OO buying !
Perhaps SS investors could wear a identifying feature so other SS investors are aware of them in an open house/auction environment.
And do what? Avoid each others deals? Theres 10K people reading these forums
I always wear a top hat and monacle so others know I am an astute investor
Not sure if this video has been posted on here before. Thought those investing in the north would be interested in part of the longer term plan from the City of Playford.
CBD of the North Draft Concept Fly-through
https://www.youtube.com/watch?v=XWfCbCZq7XE
CBD of the North Draft Concept Fly-through
https://www.youtube.com/watch?v=XWfCbCZq7XE
There is also the ambitious Playford 2043 community vision video:
https://www.youtube.com/watch?v=0xzhU4diLZo
In the same way other suburbs changed.
They're definitely drying up, but still out there.
Apparently Frankston has a high percentage of developable blocks, compared to the general Melbourne region.
I personally think that Elizabeth is going to be in struggle land once Holden closes down. The last big manufacturing company to move out. Combined with Adelaides net migration not going anywhere, I think those buying in Elizabeth currently are very brave.
Its around 945% last time I asked grandad?
In all honesty - I think a lot of investors bite off more than they can chew in this area.
Low weekly amounts mean that things like rates, insurance ect is a high percentage of costs. High risk of poor tenants & many of the houses have significant movement in the foundations after only 40 years.
Combined with the decreasing jobs in the area & the large quantities of available land to build, I don't see significant movement in prices in the next decade.
Low weekly amounts mean that things like rates, insurance ect is a high percentage of costs. High risk of poor tenants & many of the houses have significant movement in the foundations after only 40 years.
Combined with the decreasing jobs in the area & the large quantities of available land to build, I don't see significant movement in prices in the next decade.
Yea.. I know someone who bought something with a big crack! Oh wait
In all fairness, his did settle faster than yours
Yea.. I know someone who bought something with a big crack! Oh wait
This ???
https://www.facebook.com/photo.php?...75204958.57684.249156381872324&type=1&theater
lol. that's a structural 1
Sold for $151k, not to me
apparently 18 offers
that's not a good price at all for the amount of work need to be done...
sounds like it needs at least 15k spent
