Great Opportunities in Queensland and Adelaide

Take advantage of a paradigm shift in population movement to get a good value investment with a decent size piece of land near a beautiful stretch of Australian coastline.  Enjoy very low vacancy and exceptional rental yield.

NOTE: This opportunity is not for everyone

Would you like to find out if Woodgate, Queensland is a good fit for your investment strategy?

Contact us to find out more.

Adelaide, South Australia, a number of you have asked for some Adelaide stock…

Here are two quality projects, with many more to come. This is a great time to get across the Adelaide story – it is one of two cities currently producing positive growth according to the headlines (see story below on Adelaide). These opportunities are genuine infill stock, where we always have good valuation results due to a high number of owner occupier resales. It is a tight rental market, sitting at the Nation’s lowest vacancy capital city at 0.8%.

The exciting parts of the Adelaide market that we see are:

• Immigration is kicking off again, Adelaide is still considered “regional” for a new visa application, which will make it a popular destination for our new migrants.
• The North South corridor – https://dit.sa.gov.au/infrastructure/nsc – on completion will create an expressway to travel from the Northern to Southern tips of Adelaide metro area. In both directions… (you have to be a South Aussie to appreciate that one, the first stage of this (20+ years ago) was one way only, switching directions at midday and midnight. Yep, seriously). All sections are fully funded, under construction or complete now.
• New Aquatic Centre redevelopment – https://dit.sa.gov.au/infrastructure/adelaide_aquatic_centre
• Submarine project – injecting $134bn into the economy over 10-15 years. – https://defencesa.com/projects/nuclear-powered-submarine-program/ and attached.
• Wine. The timeless commodity. Still the World’s best.

And for your own research, see a couple of general links:

Why South Australia | Department for Trade and Investment

Major Infrastructure Projects – Department for Infrastructure and Transport – South Australia (dit.sa.gov.au)

Experience Adelaide | Major Projects Update: The city shaping…

Projectory

The first project is one where all streetscapes and houses are pre-approved on the lots, with a choice of floorplans and facades on most. The build price looks sharp. They will do subject to finance (which is fantastic) as they are releasing at the right window for a finance application, valuations process and moving through to settlement within the same window of time.

Elias Estate, Elias St, Para Hills West. 18km from CBD, close to train, shops, light aircraft airport and associated employment zones. Starting at $518,400 for a 3 bed, freehold property!

Only 3 properties for rent in the suburb shows how tight it is there!

The second project is at 28 Tulloch Drive, St Clair, from one of our preferred, long term suppliers. This is an infill site that is nearly completed on the site of the Cheltenham Racecourse. 9km from CBD with great transport links, train station walkable, 5km to the beach and easy access to multiple large employment zones.

We have had a lot of success here with both rental and growth. These 2 storey terraces will have a small community title feel but are built independently. They are high spec that tenants and buyers love. Only 3 properties for rent in the area. $485,000

We have plenty more projects to come over the next couple of months. We are excited about the opportunities for our network and clients that these represent.

Contact us to find out more.
Why more Australians are chasing the lifestyle dream in Adelaide

Presented by Adelaide Economic Development Agency

With convenience, culture and a great lifestyle, it’s not hard to see why buyers from all over are heading to Adelaide.

The South Australian capital is one of the country’s most in-demand markets, the latest PropTrack data shows.

That can be partially because there was a 91% surge in searches for SA property from NSW-based buyers year-on-year to May ’22 — the number one interstate option.

Meanwhile, Victorians were no slouches either — they completed 28% more searches for SA property, second only to WA.

There’s no doubt homes in the South Australian capital are hot property at the moment. So what is it about Adelaide that has people clamouring for a slice?

Culture, without the price tag

Adelaide enjoys relative affordability compared to Australia’s most populous capitals. Like regional areas, “Adelaide continues to benefit from affordability and pandemic-induced preference shifts”, explains realestate.com.au economist Paul Ryan.

Pandemic-induced shifts were largely lifestyle-related, with many professionals chasing a slower pace in regional or smaller cities where they could work remotely or manage a hybrid working model.

Adelaide has built a reputation for being a cultural and artistic hub. Picture: realestate.com.au

Adelaide, by no means a regional town, offers a laid-back lifestyle with some of the best food, culture, shopping and experiences at your fingertips. Melbourne is set to overtake Sydney in 10 years as Australia’s most populous capital, so it’s not getting any easier to get around either of our biggest capital cities.

Adelaide is famously easy to get around because everything’s close. You can go from A to B in less than half an hour, while the hills, Barossa Valley and McLaren Vale are all no more than 60 minutes away.

Culturally, it’s a hotbed of activity. Recognised now as one of the world’s great festival cities, people from all over Australia and overseas flock to the famous Adelaide Fringe Festival, Adelaide Festival, WOMADelaide, OzAsia Festival, Feast Festival and Adelaide Cabaret Festival.

As such, Adelaide has been recognised as the first and only City of Music in Australia and is now a member or the UNESCO Creative Cities Network. But creativity is not confined to purely artistic pursuits – Adelaideans are making waves in the fields of technology, innovation and business.. Australia’s first space agency dedicated to research has its home in Adelaide, has its home in Adelaide.

With Sydney’s looks and Melbourne’s substance, it’s no surprise that people from Australia and across the globe are now migrating to Adelaide to embrace a sought-after lifestyle.

A city of ease and opportunity

Attracted by the allure of city living, South Australian residents Helen and Jim Eriksson moved into one of Adelaide CBD’s exciting new residential developments –  the U City Adelaide on Franklin Street, operated by Uniting Communities

“We decided to downsize and move here about ten months ago,” says Mrs Eriksson, aged 67.

“We really love it here because everything we need is within walking distance, from Her Majesty’s Theatre to the Metropolitan Pub. The Adelaide Central Market is our favourite place to visit – we enjoy a coffee there every day.”

From further afield, Adityasinh Vaghela migrated to Adelaide from India only weeks ago.

“I was working as a civil engineer back home but decided to move to Adelaide to help advance my career my career and broaden my horizons,” he explains.

Also taking advantage of the city’s many new infrastructure projects, Mr Vaghela took up residency in The Switch at Adelaide Central — an innovative co-living and student accommodation facility.

“It’s a fantastic place with so many great facilities like the on-site gym and bicycle hire,” he says.

“I also love the location. It’s directly behind Rundle Mall, so it’s so easy to go the shops for groceries or clothes. And it has great connection to the tram – I can reach anywhere in the city in minutes.”

As well as the beautiful view of the river and the hills he enjoys from his apartment in The Switch, Mr Vaghela also finds Adelaide’s laid-back lifestyle particularly appealing.

“No one is rushing here. There is much less traffic, and the people are very nice!”

Backed locally

The Adelaide Economic Development Agency (AEDA) is tasked with growing the visitor economy, supporting residential growth, building an annual events calendar and marketing the city.

“Promoting Adelaide a bit more loudly and proudly compared to the past is very important,” says AEDA Managing Director Ian Hill.

“Adelaide is a very walkable and creative city with so much amazing public art, fantastic events and a stacked festival calendar. These are the kinds of projects we sponsor to help make Adelaide such a thriving city.”

Mr Hill says there has been an explosion of “entrepreneurial spirit” in Adelaide the last few years, evident in developments like Lot Fourteen, an old hospital site turned business hub decked out with technology offices, innovation start-ups and co-working spaces.

“It’s really attracting a young cohort of professionals and free thinkers who are full of energy and ideas and looking to collaborate,” he says.

“Adelaide is a unique global city designed to grow in a sustainable way that continuously enriches the wellbeing and quality of life of its people.”