Reply: 1
From: Duncan M
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Read that.. thought the same thing.. "How can I benefit from this"..
Then figured I wanted faster capital growth than this limitation would
possibly deliver.. an existing immutable locked area that cant possibly not
experience capital growth in the long term is the Brighton/Hove/Kingston
Park/Somerton Park area, West of Brighton Road, south of Anzac Highway,
North of the start of the Hill (Seacombe Road).. massive demand, wish I had
brought there years ago.. still looking for a way in there in a fashion that
wont kill my cashflow.. We are thinking of maybe moving family residence
down there, if we have to have a largish mortgage payment maybe Brighton
would be a better place to be paying it rather than Woodcroft (spectacular
gains here though in the last 3 yrs!). The far north and deep south areas
have already had great growth in the last 2 yrs, I cant help but feel the
swings and roundabouts will quieten it down for the next few years..
I also noticed a comment from Barry Magain (REISA El Presidente) that he
likes the coastal strip at Christies Beach, either way, stick with the
quality coastal areas (very close to the beach, not set back more than a few
100 metres) and growth will be assured.. Perhaps excepting O'Sullivans Beach
from that with the Refinery and all there.. Moana looks nice, Port Willunga
if you wanted a little cheaper but be prepared to wait a little longer for
the growth..
There's still many pockets of undeveloped land that will provide all the
necessary space for quite some time (not sure on north, definitely much land
still available south), 20years+, just no major new suburbs..
Regards,
Duncan.
PS. JooJoo, just realised, no difference between cars and houses, we have a
large house, very nicely finished, cost us $256K.. We could quite happily
live in a $100K house if we had to.. We chose the lifestyle and are
incurring the costs therein.. I guess the one saving grace is that it will
(has) experience capital growth. Perhaps you could buy your new car and
renovate it every few years
-----Original Message-----
From: propertyforum Listmanager
[mailto:
[email protected]]
Sent: None
Subject: laws to stop urban sprawl in Adelaide
From: "Phillip Monk"
There was an interesting article in the Advertiser (18/1) about a state
govt. plan to limit urban sprawl in Adelaide. The plan is to prevent
development north of Munno Para and south of Seaford Rise.
For those that don't know, Adelaide's suburbs run in a north-south corridor
about 70km long, but only about on average 15km wide. The coast on one side
and the Adelaide Hills on the other limit development east-west.
According to the article this is the first time this has been proposed for
an Australian city.
I'd be interested to hear what others on the forum think about the pressure
this might place on land prices and whether anyone has heard of it being
done overseas, and what effect, if any, it had.
Cheers,
Phil.
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<TITLE>RE: laws to stop urban sprawl in Adelaide</TITLE>
<P>Read that.. thought the same thing.. "How can I =benefit from this"..
Then figured I wanted faster capital growth than this =limitation would possibly deliver.. an existing immutable locked area =that cant possibly not experience capital growth in the long term is =the Brighton/Hove/Kingston Park/Somerton Park area, West of Brighton =Road, south of Anzac Highway, North of the start of the Hill (Seacombe =Road).. massive demand, wish I had brought there years ago.. still =looking for a way in there in a fashion that wont kill my cashflow.. We =are thinking of maybe moving family residence down there, if we have to =have a largish mortgage payment maybe Brighton would be a better place =to be paying it rather than Woodcroft (spectacular gains here though in =the last 3 yrs!). The far north and deep south areas have already had =great growth in the last 2 yrs, I cant help but feel the swings and =roundabouts will quieten it down for the next few years..
I also noticed a comment from Barry Magain (REISA El =Presidente) that he likes the coastal strip at Christies Beach, either =way, stick with the quality coastal areas (very close to the beach, not =set back more than a few 100 metres) and growth will be assured.. =Perhaps excepting O'Sullivans Beach from that with the Refinery and all =there.. Moana looks nice, Port Willunga if you wanted a little cheaper =but be prepared to wait a little longer for the growth..
There's still many pockets of undeveloped land that =will provide all the necessary space for quite some time (not sure on =north, definitely much land still available south), 20years+, just no =major new suburbs..
Regards,
Duncan.
PS. JooJoo, just realised, no difference between cars =and houses, we have a large house, very nicely finished, cost us =$256K.. We could quite happily live in a $100K house if we had to.. We =chose the lifestyle and are incurring the costs therein.. I guess the =one saving grace is that it will (has) experience capital growth. =Perhaps you could buy your new car and renovate it every few years =
-----Original Message-----
From: propertyforum Listmanager
[
mailto:[email protected]]
Sent: None
Subject: laws to stop urban sprawl in =Adelaide
From: "Phillip Monk" =<
[email protected]>
There was an interesting article in the Advertiser =(18/1) about a state govt. plan to limit urban sprawl in Adelaide. The =plan is to prevent development north of Munno Para and south of Seaford =Rise.
For those that don't know, Adelaide's suburbs run in =a north-south corridor about 70km long, but only about on average 15km =wide. The coast on one side and the Adelaide Hills on the other limit =development east-west.
According to the article this is the first time this =has been proposed for an Australian city.
I'd be interested to hear what others on the forum =think about the pressure this might place on land prices and whether =anyone has heard of it being done overseas, and what effect, if any, it =had.
Cheers,
Phil.
To reply:
mailto[email protected]
To start a new topic:
mailto[email protected]
To login:
http://bne003w.webcentral.com.au:80/~wb013
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