I have been monitoring the market quite closely lately and found that many prices haven't actually moved much.... a lot of the inner ring eastern suburbs used to sold at 500k in 2009, 2010 now selling for just 530K, 540K, that;s pretty depressing.... Compared to other capital cities it's really....discouraging.
Has Adelaide done its peak?
- Thread starter wll6568
- Start date
Adelaide isn't a unique case - there are quite a lot of markets around Australia where prices are at or still below where they were back in 2009. There is certainly room for growth and it isn't at a peak.
Yes the impending doom from the closure will definitely impact heavily upon Glenelg. Better stay away.
Yea, its good that things are so close. With the closure of 1 car factory, you'll be forced to walk everywhere.
Dont worry,i will be turning the lights off when they leave.
With the possible exception of Elizabeth and the Playford area (which itself isn't dependent on Holden and will eventually recover), Holden's closure won't have a major impact on most of Adelaide.
Glenelg is not even close to where Holden and other related manufacturing businesses are based. I wouldn't be tarnishing all of Adelaide with the same brush.
I recall someone saying that its the geographical centre of Adelaide Metro (because north & south so far stretched)
It's not far from town, has a nice new train station, shopping, UNI, businesses, sporting, industrial also close by...
Note Mawson Lakes was previously big empty swamp lands
It's because of it's unique zoning (Multi Function Polis)
Where's Adelaide?
Have you had these properties valued?
Eastern Suburbs is fairly large which suburbs?
Houses or Units?
How have rents and sales volumes been tracking in the areas you currently own properties in?
