Outer Southern Suburbs

This has been quite a popular spot for investors, particularly interstate ones as the area allows for good value investing. The area has a low entry point, offers good yield as well as opportunities to renovate or develop.

[​IMG]
A typical house I did an interstate inspection on in Christies Beach which might become t…[Read more]

Outer Southern Suburbs

This has been quite a popular spot for investors, particularly interstate ones as the area allows for good value investing. The area has a low entry point, offers good yield as well as opportunities to renovate or develop.

[​IMG]
A typical house I did an interstate inspection on in Christies Beach which might become t…[Read more]

Whats the best way for an Australian to get finance on single family homes there?
And what sorta yields are you getting?

Yes, I would.

Depreciation schedule for a pre-1988 place should be $330 which is tax deductible in itself, and surely the first year’s worth of depreciation would be into the 4 figures.

Not really relevant whether the property is tenanted or not. If its available for rent, all the related deductions continue.

Offset account has the same functionality whether you’re living in property, tenanted or empty.

I’m a property manager, not a buyers agent, but have a colleague who is one for people who need to go down that route. On the other forums David Mews is a BA who services Adelaide and has helped our clients purchase. See http://www.adelaideba.com.au

I do inspections though – so if someone from regional area or interstate is interested in a place I’ll…[Read more]

I’m a property manager, not a buyers agent, but have a colleague who is one for people who need to go down that route.

I do inspections though – so if someone from regional area or interstate is interested in a place I’ll go along to the Open on their behalf then send them a written report about it, complete with photos, residex/rpdata info, etc

City of Salisbury LGA

Probably not a coincidence that recently acquired clients of mine have properties in this area as there appears to be plenty going on at ground level.

Typical house in the area

A couple of important metrics to look at are the vacancy rate of the suburb and also the rental vs owner occupied ratio. They are both signs of…[Read more]

City of Salisbury LGA

Probably not a coincidence that recently acquired clients of mine have properties in this area as there appears to be plenty going on at ground level.

Typical house in the area

A couple of important metrics to look at are the vacancy rate of the suburb and also the rental vs owner occupied ratio. They are both signs of…[Read more]

City of Salisbury LGA

Probably not a coincidence that recently acquired clients of mine have properties in this area as there appears to be plenty going on at ground level.

[​IMG]
Typical house in the area

A couple of important metrics to look at are the vacancy rate of the suburb and also the rental vs owner occupied ratio. They are both s…[Read more]

Hey Andrew

I’m from Perth originally – while I was living there I was using Corey Batt (@cjaysa on these forums) who is in Adelaide. I was able to get everything done by phone and email for several purchases.

Yep, I think you’re right.

I own a property management agency.

So what do you do for a crust @argybargy91 ?

Christies Beach is an area we manage, and is a pretty nice spot. I’ve looked at a couple of properties there for myself too. There’s an interesting transformation going on there – Beach Rd used to be tattoo parlours and op shops and now has wine bar and yoga place… it’s gradual and will take years, but seems to be going in the right direction.

Hi Jono,

You’re definitely on the right track if you’re 24 and looking to invest, well done. The advantages of having / using like minded professionals who invest themselves and know each are infinite. It really streamlines the process a lot.

The meetups that Corey linked are well worth coming to, they’re usually over a counter meal and a…[Read more]

You’re on a fixed lease, there’s nothing to worry about. Both the lease document and the tenant are inherited by the purchaser as is. The only part that is not inherited is the property manager, the purchase can go with their chosen one and is under no obligation to use the existing one.

So, if the owner does want you to move out, they can do…[Read more]

Hi :)

It’s pretty hard to tell because every year is different and so is every suburb. Look at Sydney a few years ago – it went side ways for about 5 years. And then had bumper years.

Here in Adelaide the growth is generally slower but steadier but no one has a crystal ball on future might bring – it could half or double tomorrow.

You could…[Read more]

Yes, using ones that are investors themselves is very wise – much more likely to be good if they have skin in the game too.

Accountant and lawyer – Nathan from NGJ Accounting & Legal
Broker – Corey from Precision Funding

They’re not in Melbourne specifically, but they service lots of Melbourne clients already via phone/email etc.

Yes, using ones that are investors themselves is very wise – much more likely to be good if

Accountant and lawyer – Nathan from NGJ Accounting & Legal
Broker – Corey from Precision Funding

They’re not in Melbourne specifically, but they service lots of Melbourne clients already via phone/email etc.