Adelaide/Australia Buy To Let?
Stewart J (PRO Member) Adelaide/Australia Buy To Let?
Posted: Jun 29 07 18:30
Total Posts: 7
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I am looking to gather advance information from fellow investors around potential buy to let investments in Adelaide, South Australia. I will be re-locating there summer 07 and am looking to collate info in advance of my move in order that I can begin investing immediately. Info relating to the following areas would be appreciated: i. Expected Interest Rates ii. Rental Demand iii.Buy to Let Products iv. Property Capital Growth Trends v. Expected Rental Yields vi. Location Hotspots vii.Re-sale Market Performance

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Admin Member Image Robin (PS) Adelaide
Posted: Jul 3 07 10:02
Total Posts: 334
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Hi Stewart This is my wife's home town and we looked into BTL here a year or so ago. One of the biggest off-putting factors for us was the very high purchase costs - it worked out at around 12% of the purchase price! As for cap growth, the big rises really happened a little while back now and prices are fairly static, I understand; but Port Adelaide is a potential high growth area long term - big area of rejuvenation. BTL products are available and the Australian market is v familiar with the whole concept. Rental markets vary locally, so require some research. cheers Robin

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Stewart (PRO Member) Adelaide/BTL
Posted: Jul 3 07 10:53
Total Posts: 7
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Thanks Robin, 12%, ouch!!! Will check out port Adelaide. Stewart.

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