But what is the point in buying a dodgy Affordable Homes place in a suburb with zero/negative capital growth.. yes they are dodgy, unfortunately I'm not that handy with renovations etc, and I sure don't want to live in Elizabeth. And as far as SA goes, the future for property doesn't look too great.
Is an IP here even worth the effort? I look at rental properties at up to $300 a week, and they are all awful. Maybe even a PPOR is a bad idea right now?
I would really like to know, if you (yes you, reading this) had a full-time-casual job in the Adelaide CBD, what would you do? What would your strategy be?
I appreciate all comments so far