SA Adelaide Property News 2017

Discussion in 'Where to Buy' started by D.T., 19th Jan, 2017.

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  1. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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    ollidrac nosaj, 3rd Nov, 2017
    #521
  2. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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    ollidrac nosaj, 4th Nov, 2017
    #522
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  3. D.T.

    D.T. Specialist Property Manager Business Member

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    Wow nice results for those areas!
     
    D.T., 4th Nov, 2017
    #523
  4. Guest

    Guest Guest

    Raw data available here: sa.gov.au - Median house sales by quarter

    It looks like they ruled out a number of outliers where there wasn't at least 10 sales, but the volume for some of those suburbs is still low and not necessarily representative of capital growth.

    Using the same cutoff (10+ sales in each period), here are the 'worst performers':

    upload_2017-11-4_16-35-14.png

    & chart they created for all of Adelaide:

    [​IMG]
     
    Guest, 4th Nov, 2017
    #524
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  5. Ben Chifley

    Ben Chifley Well-Known Member

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    Thank-you for posting this 2340, very informative. In relation to the large increases in Blair Athol (as posted by Ollidrac) there has been an extreme amount of interest by developers in this area of late because of the ease with which apartments/townhouses can be approved and the lovely large blocks.

    I was interested to see some of the suburbs in your 'worst performers' list including Largs Bay - I have friends presently trying to sell there around Jetty Rd and they're finding it rather difficult to get any interest - personally I really like the proximity to the beach but it's just not central enough for me.
     
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    Ben Chifley, 5th Nov, 2017
    #525
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  6. Guest

    Guest Guest

    If I hadn't just been hit with a fairly hefty tax bill and busy with a startup I would be considering making an offer on this place or attending the auction:

    20 Mellor Road Glanville SA 5015 - House for Sale #126694706 - realestate.com.au

    Do these figures look about right?

    Purchase ~$300k
    Cosmetic Reno (thinking floorboards redone, paint/walls, window coverings, kitchen/bathroom): $30k (could be cheaper / more expensive depending)
    Rent: $350

    10min walk to beach, 5 min to train station, 15min into Port Adelaide. I really like Glanville, positioned for capital growth over the medium term IMO.

    Any thoughts? Throw me a finders fee if you buy it :p
     
    Guest, 7th Nov, 2017
    #526
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  7. D.T.

    D.T. Specialist Property Manager Business Member

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    Yea could be a good option. Especially if paired with a PM that does renovation project management
     
    Last edited by a moderator: 10th Oct, 2021
    D.T., 7th Nov, 2017
    #527
  8. jim1964

    jim1964 1941

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    What a gem,a 1950,s air b&b.
     
    jim1964, 7th Nov, 2017
    #528
  9. Guest

    Guest Guest

    Yeah I was thinking that could work well, keep the retro mirrors, heater, etc (either AirBnB or even just some hipsters/old folk that like the charm looking for a rental).
     
    Guest, 7th Nov, 2017
    #529
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  10. Brady

    Brady Well-Known Member

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    Not my understanding of Largs, it's become more and more desired over the years... but it's still largs

    My guess is they're potentially trying for a premium price
     
    Brady, 7th Nov, 2017
    #530
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  11. ATANG

    ATANG Well-Known Member

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    I own two in dernancourt, i don't think it's showing that growth though.... don't know where they get the details.
     
    ATANG, 7th Nov, 2017
    #531
  12. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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    The valuer general
     
    ollidrac nosaj, 7th Nov, 2017
    #532
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  13. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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    Looking to settle? We reveal Adelaide’s most tightly-held suburbs - realestate.com.au

    "According to RP Data figures, homeowners in Woodcroft hold onto their properties for an average of 18.1 years- longer than anywhere else in Adelaide.

    This compares to an average hold period of 9.1 years Adelaide wide, so Woodcroft residents in the southern suburbs are presumably twice as settled as usual.

    Other suburbs with long hold periods include: Ashford (15.4 years), Chandlers Hill (14.5 years) and Parafield Gardens (14.4 years)"

    ADELAIDE’S 10 MOST TIGHTLY HELD SUBURBS:

    Woodcroft

    Ashford

    Kersbrook

    Chandlers Hill

    Parafield Gardens

    Blackwood

    Vale Park

    West Hindmarsh

    Woodville Park

    Manningham


    Quite surprised to see Parafield Gardens on this list.
     
    ollidrac nosaj, 8th Nov, 2017
    #533
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  14. joel

    joel Well-Known Member

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    You will not be able to snag that for 300k
     
    Last edited by a moderator: 10th Oct, 2021
    joel, 8th Nov, 2017
    #534
  15. Invest_noob

    Invest_noob Well-Known Member

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    Thank you for sharing Guest

    I also found this, it shows where the population growth forecasts. Screen Shot 2017-11-08 at 10.21.14 pm.png
     
    Last edited by a moderator: 10th Oct, 2021
    Invest_noob, 8th Nov, 2017
    #535
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  16. 2FAST4U

    2FAST4U Well-Known Member

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    You should get a desktop valuation. You may be surprised :)
     
    2FAST4U, 8th Nov, 2017
    #536
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  17. ATANG

    ATANG Well-Known Member

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    Nah, i follow the market very closely. Still same old depressing in ADL. Basically just finally bounced back from the fall in 2011, 2012. May be grown a little bit up 10k, 20k up, but definitely not seeing smth 20%.
     
    ATANG, 9th Nov, 2017
    #537
  18. jim1964

    jim1964 1941

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    I moved from Mount Barker to get away from the population.Massive development everywhere.



    mt barker.PNG
     
    jim1964, 9th Nov, 2017
    #538
  19. Guest

    Guest Guest

    Probably not. Agent reckons buyers interest is around 'high 2's', but may just be trying to drum up additional interest (or lowballing buyers). I would take a stab at $330k final selling price.
     
    Guest, 9th Nov, 2017
    #539
  20. ollidrac nosaj

    ollidrac nosaj Well-Known Member

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    The interesting stat from this is the high and comparable growth rates of Playford with CBD.
     
    ollidrac nosaj, 9th Nov, 2017
    #540
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