Hi, am I delusional? I thought Adelaide resi property should be taking a big breather & prices to come down but this is what happened today.
Ex housing trust in Kilburn & in my opinion the ugliest bit of Kilburn. Admittedly subdividable & present house quite livable.
Agent quoted $270K but sold at $336500. One woman really wanted it badly.
I looked at the 400+ range & saw a couple that I thought had some cap gain potential notably one 2 storey house in Pasadena.
The $400 + per week rent is going to be the new norm in Adelaide.
Any Adelaide investors, your comments are welcome & sorely needed.
KY
Ex housing trust in Kilburn & in my opinion the ugliest bit of Kilburn. Admittedly subdividable & present house quite livable.
Agent quoted $270K but sold at $336500. One woman really wanted it badly.
I looked at the 400+ range & saw a couple that I thought had some cap gain potential notably one 2 storey house in Pasadena.
The $400 + per week rent is going to be the new norm in Adelaide.
Any Adelaide investors, your comments are welcome & sorely needed.
KY