Let's see how these for NEW sale properties go...
38 Somerset Road Para Hills SA 5096 - $309,000 - 3/4 bedroom 2 bathroom 745sqm
http://www.realestate.com.au/property-house-sa-para+hills-117265691
Para Hills is nice!
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Let's see how these for NEW sale properties go...
38 Somerset Road Para Hills SA 5096 - $309,000 - 3/4 bedroom 2 bathroom 745sqm
http://www.realestate.com.au/property-house-sa-para+hills-117265691
Doing my research now. Flying down there to check it out.
Totally different market. If I did what would be the most logical in Sydney down there, I'd loose money.
Really need to spend time getting to know not only the area, but understand what the locals want.
Client of mine just bought a property after looking for 12months, was 50 people through the property in 2 days they were successful with offer $10k above asking price.
Sounds like it might be getting too hot. I wonder where your client was looking?
OK
Just looking at the examples that you've posted - some very attractive properties there ...
Are you suggesting that we try to gazump them?
Good to know - makes buying less hectic.
Are there many people needing to rent in Adelaide?
Good to know - makes buying less hectic.
Are there many people needing to rent in Adelaide?
Oh don't worry, it's still hectic.
Tight vacancy rates generally, however there are some soft rental markets within the inner suburbs where you can rent a $600,000 property for less than a $300,000 outer suburb property. Go figure.
Adl has some of the most beautiful homes in Australia, however it's the economy that always drag home prices here down... Basically anything bought over 2008, you see an average year growth of 1-2%. So imagine if you bought a property at $280,000 in 2008, it's worth prob $320,000, $330,000 now. How depressing!!
Because of a spike and then dip.
In the last 12 months I've had property vals in certain areas increasing by up to 10%.
Whereabouts? Only areas I saw good growth rate over the past 12 months were the expensive areas like Norwood, Toorak Garden.
Are they with huge block of lands or new homes?
Where would you recommend looking now?