All Topics / General Property / Adelaide Beachfront Property

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  • Profile photo of chrismchrism
    Participant
    @chrism
    Join Date: 2004
    Post Count: 1
    April 13, 2004 - 2:02 pm

    Would appreciate the opinions of those Adelaide investors on the future potential for capital growth in Adelaide beachfront property. Particularly interested in the areas of Henley Beach & West Beach. I know market has experienced strong gains over past 2-3 years. Do you think properties in these locations have the potential for continued growth over next 5+ years especially given the high entry level prices (800k+++)currently asked for absolute beach frontage units/houses

    Profile photo of fjficmfjficm
    Member
    @fjficm
    Join Date: 2003
    Post Count: 88
    April 13, 2004 - 4:11 pm

    no

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733
    April 13, 2004 - 9:22 pm

    fjficm..

    Why..?

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of BEAR1964BEAR1964
    Participant
    @bear1964
    Join Date: 2003
    Post Count: 702
    April 13, 2004 - 11:24 pm

    After the last boom, (late 80’s early 90’s) Properties in these area plumited. So if history is anything to go on , then no it wont, but over 10 years yes I believe it will.

    Regards Bear

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