That's because the major tourism areas outside of Adelaide are predominantly north and south, so that's where the transport infrastructure needs to go. I'm just hanging out for the electrification out to Outer Harbour, which seems logical to me.
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What Chinese buyers want in a new home
by: Real estate editor Amy Noonan
From: The Australian
December 12, 2011 12:00AM
7 comments
CHINESE homebuyers are flocking to the northeastern suburbs partly because they fear tsunamis, real estate agents say.
Rostrevor and suburbs along Magill Rd are the most popular among Chinese buyers, according to Ray White sales consultant and buyer's agent Brady Shaw.
Mr Shaw, who speaks Mandarin, said distance from the beach was a factor, as well as the conventional-style houses and good schools.
"Another reason is because it's high above sea level, on the way to the mountains and the hills; it's the fear of a tsunami," he said.
"We keep explaining to buyers it's not a possible thing because Adelaide is in the gulf; we will never have a situation like tsunamis, but it's a mind thing."
Harris Real Estate sales agent Tom Hector has sold at least six Rostrevor properties to Chinese buyers in the past 12 months and he advertises in the local Chinese language newspaper.
"They love the style of home in the area, the 1960s conventional style with brick construction," Mr Hector said.
Linda Zhan moved from China to Rostrevor in 2007 and shares her street with Chinese neighbours.
"First ... the cost is very good, second, the surroundings here are very good and it's close to the Morialta Conservation Park, Ms Zhan said.
"And third, there are some good schools here."
yes i read that article too. it sounded bizarre??? but sometimes adelaide now reporting is a bit on the dramatic side.
but do agree magill and rostrevor are growth areas and have great potential.
lots of filling in going on and near to good schools/shops/transport and magill campus unisa, at present.
perhaps earthquakes might be more of a risk in adelaide, rather than a tsunami? but do not tell the buyers.
Hi, Margaret Lomas in a recent API edition identified Seaford, Adelaide as a definate hot spot and she recently bought there as well!! Seaford consistently is in "hot spot" articles for fantastic future CG. I hope so as I bought in there too. Only time will tell. Not many places around you can buy for $300 to $350k on 700 to 800sqm with reasonable houses on them, 1 street back from an esplanade and surfing beach and 30kms from city!! Plenty of new infrastrucure happening going on to help things along.
For the above reasons I''ve also considered seaford and christies beach (wrote another thread on it last week asking which people preferred)
I couldn't help noticing though that Christies beach prices seem similar if not slightly less than seaford which I don't really understand, as it's also on the beach about 5-10km closer to the city, it already has the train station on the same line being extended (albiet not electrified yet), and I've heard that beach road is becoming qute a nice cafe strip ect. (although seaford does have the shopping centre)
What I don't understand not being a local is whether seaford has anything over christies beach that I'm not aware of that would give us reason to expect it perform better than CB in the future? Wouldn't people chose to live closer to the city if all else is equal, or is seaford nicer or something?
Does anyone know these 2 suburbs well enough to comment?
For the above reasons I''ve also considered seaford and christies beach (wrote another thread on it last week asking which people preferred)
I couldn't help noticing though that Christies beach prices seem similar if not slightly less than seaford which I don't really understand, as it's also on the beach about 5-10km closer to the city, it already has the train station on the same line being extended (albiet not electrified yet), and I've heard that beach road is becoming qute a nice cafe strip ect. (although seaford does have the shopping centre)
What I don't understand not being a local is whether seaford has anything over christies beach that I'm not aware of that would give us reason to expect it perform better than CB in the future? Wouldn't people chose to live closer to the city if all else is equal, or is seaford nicer or something?
Does anyone know these 2 suburbs well enough to comment?
I was looking at beachside seaford vs beachside christies beach where the housing both looks about 30 years old on 600-800m2 blocks. I'd be intested in something with subdivision/development potential later on but couldn't decide between the two.
I haven't researched the minimum block size and frontage sizes yet.
(Does anyone know these already)? I don't have any experience with subdivisions but figured I just had to call the council and ask?