Prime Property Strategies

ADELAIDE going great guns !

All snapshots are based on the start of the year shown except for 2024 which is to the present day.

Adelaide up 77% from start 2020 (i.e. start Covid) to present.

Did you know Airbnb properties command 20-30% higher income than traditional long term rentals? and the gorgeous Hunter Valley is just perfect for Airbnb.

With so many growth drivers in the region the Hunter Valley provides the perfect investment within an affordable price point.

This House and Land package comes with all the must have inclusions and from only $10,000 deposit until land settlement, this is an opportunity not to miss.

Reach out for further details.

https://youtu.be/Z9HkjXmgLws?si=FBtcdam0zL3OZ14B

Adelaide Housing Market Update | April 2024 Watch the latest Housing Market Update for Adelaide. The housing and economic data is derived from the CoreLogic Hedonic Home Value Index for the month of Ma...

Lovely apartment in the newly planned "Compass Apartments" just been relisted off market in Port Adelaide

Prior to Public Launch $415,000, 1 BED, 1 BATH, 1 CAR

Perfect for Long term or Airbnb Letting

Let me know if you are interested !!! great for SMSF

Looking for an Airbnb Investment or First Home or Downsizer property?

VIP Access to Buyers Agents from developers before Public Launch mid March - Stage 3

In the increasingly popular Port Adelaide which is continuing to see exponential growth and gentrification - Dock 1 is a landmark development in its 3rd stage. https://www.dockone.com.au/

So very well established.

- 1 Bed, 1 bath, 1 car reserve front $435,000
- 2 bed, 1 bath, 1 car waterfront $600,000
- 2 bed, 2 bath, 1 car, waterfront $635,000

Single contract investment suitable for SMSF, all First Home Buyers Grants Concessions Applicable. - 2year build time with no risk to deposits etc.

APARTMENTS in the development is proven to be booked weeks at a time by workers from Osborne (this is none of my clients units I bought for) if you click on Calendar pretty much fully booked for March so the yield is great https://www.airbnb.com.au/rooms/579966832980145110?adults=1&children=0&enable_m3_private_room=true&infants=0&pets=0&check_in=2024-03-22&check_out=2024-03-27&source_impression_id=p3_1709164793_L7TlIPAIieqZqge4&previous_page_section_name=1000&federated_search_id=4323d475-10d4-4c67-819d-49eb01e53884 - one beds are currently achieving $500.00 a week in the development atm.

I also have an apartment in Moana myself that was developed by this group and they have been fabulous. https://www.airbnb.com.au/rooms/51929420?adults=1&children=0&enable_m3_private_room=true&infants=0&pets=0&check_in=2024-03-03&check_out=2024-03-08&source_impression_id=p3_1709165352_7Tles4GaXzYpymon&previous_page_section_name=1000&federated_search_id=aeed64c4-3fee-41b6-91c6-105cc634ad99

Things I love about this development

Adelaide does not have an oversupply of apartments and Port Adelaide is a stand-alone township so to speak so is infill development only.
Port Adelaide is a similar feel to the Rocks in Sydney very historical and now quite funky https://southaustralia.com/destinations/adelaide/places/port-adelaide; https://www.piratelife.com.au/breweries/port
General Rental and Airbnb go exceptionally well in this area, and it is not seasonal like beach locations. Why because Port Adelaide is the nearest township to the Osbourne Naval and Subbuilding which is enormous, many workers fly in and fly out that is why the rental and Airbnb is so strong here. This is a 25 year+ project https://www.ani.com.au/osborne-naval-shipyard/
as well has another 100 jobs during the construction of the new railway line going into the city https://ptpa.com.au/projects/port-dock-railway-line

If you are interested please let me know, 30% sold to VIPs yesterday.

3 clients from Sydney already onboard with reservations and another from Adelaide.

As you can see Adelaide Property Prices are growing the fastest in the country, it is still very much a rising maket, plus have the lowest vacancy rates.

THE ANTICIPATION ENDS NOW!
Presenting our latest design release of Affordable, Luxury Coastal Homes

Secure your slice of Coastal Paradise with these exquisitely designed homes.

Revel in the breathtaking PANORAMIC VISTAS of Victor Harbors Coastline - these four stunning architecturally designed homes are just moments from the beach.

Presenting our latest design release: modern single-story residences perfectly tailored for First-time Homebuyers, New Home Seekers, Investors (offering exceptional returns), or anyone in pursuit of an ideal Holiday Retreat.

Contemporary House and Land Packages

HOUSE & LAND FROM ONLY $650,000
(FURTHER SAVINGS OF $30,000 FOR FIRST HOME BUYERS)
3 Bed, 1 Bath, 2 Car spaces

HOUSE & LAND FROM ONLY $750,000
(STONE UPGRADES INCLUDED)
3 Bed, 2 Bath, Carport + Car space + Landscaping

Let me know if you are interested in more information with this new design and pricing, they will fly out the door!

BUBBLES & BRUNCH @ COAST

OPEN DAY /SITE INSPECTION
5-7 Edzell Road, Victor Harbor
Sunday, 6 August 2023
11am - 1pm

We are thrilled to extend a special invitation to you from the collaboration between Prime PS (Agent and Developer) and AJL Homes (Builder) at our upcoming Open Day – Bubbles and Brunch await!

With a glass in hand, immerse yourself in the captivating vistas, peruse meticulously crafted plans, indulge in a variety of selections, and finishes while our experts answer all your questions.

Our collection of residences caters to ALL – whether you seek your own home with opulence and refinement, an affordable luxury retreat or an investment opportunity, we have a variety of options that will surpass your expectations.

This exclusive development offers a unique chance to secure a Torrens-titled House and Land package with exceptional views.

As an additional treat, we have a surprise giveaway for
ALL BUYERS!

Starting from $998,000 our package prices represent unparalleled value for a coastal haven of this calibre.

Join us for Bubbles and Brunch @ "Coast, Victor Harbor" and let your dreams take shape.

House prices will rise in 2022 even if the RBA hikes rates says CoreLogic

The financial markets are all but certain that the Reserve Bank's cash rate will move higher this year, but if you're counting on house prices declining in 2022 may end up disappointed.
According to CoreLogic, any decline in property prices will lag the first interest rate rise by 12 months.
“Often it’s not just one rate hike or one rate cut – rates move in cycles. And that’s probably one reason for the lag in the correlation. Generally that first move will be followed by one, two or three, etc, movements down the track.” Core¬Logic research director Tim Lawless said.
The research comes as the financial markets wait for the Reserve Bank to begin the next hiking cycle, with an August move looking likely.

With an expected delay in the impact of higher rates on house prices, CoreLogic is tipping home values will push higher through the course of 2022.
“We still think that over the full calendar year there will be a rise in housing values" Mr Lawless said.
“The consensus forecast among most of the mainstream economists would be growth this year of somewhere between 5% and 7%, which we would certainly endorse.”

Adelaide - A Residential Investors Paradise!
Here's another indication of how tight the South Australian rental market is.

Low vacancy rates (North, South, East & West Adelaide's avg vacancy rate = 0.4%) and high rental prices are two of the many challenges faced by Adelaide renters but a new challenge is the speed in which properties are being snapped up by tenants.
Nationally, the median number of days a rental property is on the market is 21 but in Adelaide it’s only 14 days.

Research commissioned by Well Home Loans has identified 20 suburbs in South Australia where rents are surging and it’s become near impossible to find rentals.

The suburbs were ranked based on the highest change in house rental rates over the previous 12 months.

TOP 20 South Australian hardest suburbs to get a rental property:

Suburb / Annual rent rise / Average days on market
1 Henley Beach South, +$175, 15
2 Queenstown, +$90, 14
3 Victor Harbor, +$90, 14
4 Renown Park, +$75, 18
5 Clearview, +$65, 15
6 Strathalbyn, +$60, 14
7 Northgate, +$45, 17
8 Wynn Vale, +$40, 20
9 Rosewater, +$40, 14
10 Nairne, +$40, 13
11 Hallett Cove, +$40, 12
12 Happy Valley, +$40, 11
13 Windsor Gardens, +$35, 18
14 Valley View, +$35, 17
15 Croydon Park, +$35, 17
16 Enfield, +$35, 17
17 Para Hills, +$35, 16
18 Goolwa, +$35, 15
19 Andrews Farm, +$35, 15
20 Royal Park, +$35, 14

0% Mortgage Rates……..in Denmark!

From Bloomberg News

The country with the longest history of negative interest rates is giving homeowners 20-year home loans at a fixed interest rate of 0% for 20 years.

Customers at the Danish home-finance unit of Nordea Bank have, since Tuesday, been able to access a 20 year 0% mortgage.
Back in 2012, policy makers cut the official rate below zero to defend their currency’s peg to the Euro. Since then, Danish homeowners have enjoyed continuous slides in borrowing costs.

Other banks in Denmark have joined Nordea.
Totalkredit, a unit of Denmark's largest mortgage lender, Nykredit Realkredit, says it will also offer 20-year loans at 0%, so too will Jyske Bank's mortgage unit.