Hello Everyone, I am looking to invest and currently looking a property at O'sullivan Beach, Adelaide. My budget is about $300k. The property I am looking is on big block no easements (700+ sqm) looking to hold and develop in the future. However, I am unsure and don't know much about Adelaide's market particularly deep South. People have mix views about the area, some are saying its going to grow being not too far from capital city (25 - 27 km) and being a coastal town (probably the most affordable coastal town in any capital city) and other has opposite views (Industrial, Old refinery, old commission housing). I went down on the weekend and went to couple of opens, few people were there at opens. REA's were saying O'Sullivan's has been overlooked and shadowed by Christies Beach but now it has started to grow and investors/developers are buying in the area. There are few new houses coming up. Also went to an open in Christies and agent who was selling property in Christies said O'Sullivan's has started to attract buyers because of large blocks and council is allowing to subdivide and few new dwellings popping up around. Trying to get people's point of view on the area and if they have bought there or what do they think about the future of the area? Do you see any potential in the area in terms of CG? Please let us know what are your thoughts on the area. TIA
Hi @#Jehar, There was initiative a few months back where @DaveM and someone else wrote about adelaide's all areas. Those threads would be worth looking into. Also, I have tagged Dave. He can surely give some inputs. I would also suggest engaging a buyers agent of your budget permits. They are worth the money they charge. Regards
That was @D.T. and @Corey Batt two other very knowledgable Adeladians I dont operate South of CBD unfortunately.
Its in the outer south and SA - Outer Southern Suburbs Adelaide Summary O'Sullivan Beach didn't even rate. Its an awful suburb. Has dilapidated industrial area for half of it and no beach despite the name.
On the topic of suburbs that didnt rate, is there any specific reason Salisbury hts is missing from the Salisbury review?
Its supposed to be information for the investor community and Salisbury Heights is predominantly owner occupied. Since the format is to review 10 suburbs in the region, its more helpful if we talk about places where people are actually investing. There's still more of these to come, we haven't done all the regions yet. Maybe we'll do a wrap up one of suburbs not previously discussed.
