Hi Adelaide experts, I am planning to invest in Northern Adelaide suburbs. I know the area has social housing and is not prime but I am banking on large land size (700sqm) and future development potential plus current good rentals with investment of <$200k. Happy to get advise on my strategy and suggestions on potential growth suburbs. I am looking Salisbury, Elizabeth, Para hills etc.
Got a time machine? Unfortunately the <250k stuff has dried up due to capital growth over past 2 years
I have found few <1980 built properties for <$250k.I wanted to know the market risk of Northern Adelaide vs rest of Adelaide and risk profile of those suburbs, capital growth and rental net return. Some properties with <250k have net positive cash flow as well so I am trying to find what is the catch.
Northern Adelaide is pretty big.... There are some spots would still stay clear of, have a look at street view - normally tells a story.
@D.T. I understand you act as buyers agent. Could you please let me know rough estimate of cost involved.
Hiya - I'm a property manager, not a buyers agent. If you have something you're thinking of buying I'm happy to go look at it for you if its within our service area. Ie not elizabeth, davoren park, etc For a great buyers agent , talk to @DaveM
Can anyone tell me how long it will take to gain a subdivision approval from the Tea Tree Gully Council ?