the time has come for us to think seriously about coming back home to Adeliade (from 10 years of being in the UK).
This process could take 2 months or 2 years, we just dont know.
Ive been told property is going up fast in adelaide. I have been looking for a house in our price bracket of £300,000 to 350,000 as close to the city as poss.
All the rage seems to be enfield and surrounding areas (is this a premium area?)
I like how you can just go straight down main north rd to the city etc..
Do you reckon now is the time to buy and then rent the place out until we come over to live? Or buy somewhere, and then sell when we come over and use the equity into somewhere we wanna live etc?
And advice much apreciated!
Dan
1 comment:
Thank you for your email.
If possible look to buy what you will want to live in as the costs to buy (stamp duty mainly) and then sell again start to be prohibitive. The market is quite stable at present, and Adelaide is often more conservative ie. no big gains or falls, so we will continue to see growth at a sensible rate - Enfield is a good up and coming area, large blocks, near city, reasonable and affordable.
Regards,
Tim Thredgold
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