Adelaide (Henley Beach to Brighton)

Discussion in 'Where to Buy' started by chrisoooo, 15th Aug, 2017.

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  1. chrisoooo

    chrisoooo Member

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    HI guys,

    point me in the right direction if this has been said, but I am looking to invest in Adelaide. Thoughts? I have an IP in parramatta council and warringah council already in Sydney, and now looking elsewhere. Adelaide to me seems a good place. I know a few members on here are keen observers of SA.
    Rental vacancy rates are at or under 2%. location can be close to the beach and cbd (blue chip areas i would assume, please correct if wrong), and capital is steady. Because Brisbane, Sydney or Melb seem to be very busy, I wanted to buy in a capital city and have a good investment. Looking at using a buyers agent to purchase for me as I have found they offer off market possibilities for my strategy and budget.

    I am thinking of Henley Beach to Brighton or alternativey windsor gardens.

    Any advice welcome, point me in the right direction re: threads if you feel there is a similar post out there.
     
  2. Pab23q

    Pab23q Member

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    I don't have much knowledge of Adelaide but can I ask which buyers agent you use? I am sort of in the same boat as yourself.
     
  3. RS Gumby

    RS Gumby Well-Known Member

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    If you're thinking of Northern Adelaide then DaveM is the BA you should be talking to
     
  4. D.T.

    D.T. Specialist Property Manager Business Member

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    Hiya

    These are some of my favourite suburbs, Corey and I did a write up on them here - SA - Adelaide Beachside suburbs Review so maybe give this thread a read first.

    Vacancy rates are very low for houses in that region but can be higher for units. Adelaide doesn't really seem to have the same like for units that other cities have.

    Theres a few suburbs from Henley to Brighton, and they're all slightly different, so will depend on what kinda budget you have.
     
  5. D.T.

    D.T. Specialist Property Manager Business Member

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    SA - Sight unseen buy in SA - Thanks D.T considered something like this instead of a BA?
     
  6. jim1964

    jim1964 1941

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  7. D.T.

    D.T. Specialist Property Manager Business Member

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    Not sure if that's relevant since it isn't a buyers agent service. Its an alternative option.

    But to answer your question, some buyers agents I've come across provide stuff all, and some provide heaps. Ask the people who used the service if they received enough information for their decisions and i guarantee none of them will say no.
     
  8. Corey Batt

    Corey Batt Well-Known Member

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    I had to laugh when I saw Henley, Brighton and then Windsor Gardens - such a change in property location, price range etc. :)

    Overall all great areas - the beach suburbs in particular are strongly held so you will pay a premium to get a quality located property. Yields aren't especially strong as these owner occupier focused areas have had strong growth in values which have outpaced rental growth.

    You shouldn't have any issues with rental vacancy in Adelaide so long as you're not buying in Munno Para, Seaford or a few clustered areas with massive townhouse stock.
     
    Last edited by a moderator: 17th Aug, 2017

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