Well, spring has almost sprung, and this time of year typically sees plenty of top properties coming onto the market for sale and auction. Here’s a selection of options that will go under the hammer in northern Adelaide over the next few weeks:

First up is something a little different. Here’s a great opportunity to escape from the rat race with plenty of room to move, but still be within a short drive of metropolitan Adelaide. To be auctioned at 2:00pm, Friday 3rd September 2010, 523 & 524 Wasley Road, Two Wells is situated just a few minutes to the north of the Two Wells township and comprises a lovely 4 bedroom home and sheds on over 79 hectares.

On Saturday, 4th September 2010 at 11:30am, Ray White Mawson Lakes are presenting 26 Oleander Drive, Parafield Gardens for auction. This is a spacious property with a rumpus room, a beautiful kitchen and a great location that is close to Mawson Lakes and Technology Park.

A spectacular property on over 1400 square meters, 97 Stanford Road in Salisbury Heights will be presented by Ray White Semaphore for auction at 11:30am on Sunday 12th September 2010. Featuring four double bedrooms and an expansive living area, there is ample space for the growing family here.

In Paralowie, 26 Fairbanks Drive will go under the hammer on Thursday 16th September 2010 at midday. Presented by Casserly & Mitchell Real Estate, this property has plenty of space for the large family and is close to open reserves and schools.

A spectacular federation style four bedroom home on over 800 square meters will be auctioned in a beautiful Golden Grove setting at 11:00am on Saturday 18th September 2010. Situated at 3 Unique Court, Golden Grove, this property certainly is unique and is sure to attract a crowd on auction day.

Then at midday on Saturday 18th September 2010, Ray White Paralowie are presenting a great opportunity for the first home buyer to secure a great property at auction. Unit 17, 14 Gretel Cres, Paralowie is a good size three bedroom unit, close to the Little Para River trails and Hollywood Plaza.

Also at midday on Saturday 18th September 2010, Casserly & Mitchell Real Estate will present another first home buyer opportunity – a tidy little two bedroom semi-detatched maisonette at 18 Mantissa Road, Salisbury North. A neat property with a secure yard, this could be a great starter home or an affordable investment.

Finally, if you’re looking to build an affordable first home or investment, then this block of land could be for you. LJ Hooker Golden Grove will put this battleaxe block on Bedchester Road, Elizabeth North under the hammer on Saturday 25th September 2010 at 10:30am.

Happy bidding folks!

Over the last few weeks, a couple of articles have crept into the local Messenger newspaper which could be the beginning of the largest real estate development in the mid northern region of Adelaide since Mawson Lakes was conceived in the late 1990′s.

A Four Billion dollar suburb plan has been proposed to create a new suburb, known as ‘Waterview’, to the west of the RAAF Edinburgh base. Utilising 357ha of land, the proposal includes the development of around 2,800 homes around a network of man-made waterways, as well as commercial and shopping hubs, schools and a railway station.


View Waterview in a larger map

The map above shows roughly where the suburb is likely to be created, according to the boundaries described in the Messegner article, providing easy access to RAAF Edinburgh, Port Wakefield Road, the Northern Expressway, and a potential future offshoot of the Gawler to Adelaide railway line. The proposed ‘Northern Connector‘ which will provide a new expressway to connect the Northern Expressway to the ‘South Road Superway‘ and the Port River Expressway, includes a new freight rail line to the west of Port Wakefield Road. This will leave an unused rail corridor to the from Salisbury to the Northern Expressway (marked in red on the map) which would hopefully be converted to become a part of Adelaide’s passenger rail network, and be extended to Virginia to provide a valuable service to this growing outer suburb.

This would provide a fantastic boost to Adelaide’s north, especially if the rail link is established. With the expansion of the RAAF Edinburgh base, such a development will ensure there is ample quality accommodation to see the north of Adelaide become Australia’s defence hub. The potential upgraded rail means it will be very easy to access other defence areas including the large contractor firms like BAE and SAAB based at Technology Park, Mawson Lakes, and the upgraded roads will provide a freeway journey most of the way to ASC at Osbourne for the Air Warfare Destroyer and Submarine development projects.

This project has only just been announced and there is some way to go to get all of the necessary approvals, but there is potential for development to commence as early as the middle of 2011. Hopefully this project will be given due consideration as an alternative to the Buckland Park proposed development, as the location is much more sensible in the fight to reduce urban sprawl. Watch this space.

With banks tightening their lending requirements and increasing the deposit required to purchase property, it is getting harder by the day for the first home buyer to get a foot in the market. In many parts of the country, prices rise faster than is possible to accumulate the deposit that the banks want.

Luckily, in this part of the country, property prices are reasonably steady and predictable, and there are many affordable options that are within reach of the first home buyer. Take for example this cute semi-detatched home in Salisbury North, South Australia. Raine & Horne Salisbury are presenting this property which features three bedrooms, a secure yard with undercover parking and landscaped gardens on a family sized block, in a nice location that is very convenient to public transport, schools and the swimming pool.

With an advertised price range of $179,000 to $189,000 , this presents a great opportunity to escape the rental trap. At current interest rates, if you were to purchase at the top price with just a 10% deposit, your repayments would still most likely be cheaper than renting a two bedroom flat in Mawson Lakes and most surrounding areas.

For a full description of this Salisbury North property situated at 33 Hunter Cres., view the listing on RealEstateView.


View Larger Map

Wow. This stunning property has at all. A fine example of the best that Mawson Lakes has to offer, 2 Gannet Street will take your breath away. Situated on corner block of well over 600m2, and surrounded by a wrought iron fence, this double story home stands out in the crowd.

Featuring 4 bedrooms, an open plan casual space and a well set out spacious kitchen, this is the perfect place to raise a family and impress your friends. There is a wonderful outdoor dining area and the master features a well appointed ensuite.

Inspection of this one is a must. Priced at $795,000 and marketed by Toop & Toop Norwood, 2 Gannet St represents value in a very popular part of Mawson Lakes, so close to the city center. View the full list on RealEstateView to contact the selling agent.


View Larger Map

If you’re a first home buyer, are you aware of the South Australian Government’s “Affordable Homes” program? It is an initiative by our government to provide low cost housing to low income first home buyers in South Australia.

The government regularly releases properties for sale to be purchased under the program – usually old properties that have been used as public housing by the South Australian Housing Trust, but also new homes in areas where the government is overseeing urban renewal projects.

Eligibility requirements to purchase these properties are listed on the Affordable Homes website, and include being a South Australian resident over the age of 18, who does not own other property, is going to live in the property, and has an annual income less than a defined amount between $66,000 and $76,000 depending on family status. If you fit the requirements, then below are a selection of properties currently available in the Little Para river area.

Note that the properties are only available to eligible buyers for a set period of time – if they’re not sold in that period, then they are available for anyone to purchase at the discount price.

  • 53 Codd St, Para Hills West – A 2 bedroom attached home on almost 400 square metres of land with an updated kitchen and bathroom. $190,000
  • 3/47 Amsterdam Cres, Salisbury Downs – A 1986 built single level, 2 bedroom unit with private yards for just $165,000. Now out of the eligible buyer period so anyone can purchase.
  • 37 Kelsey Road, Salisbury North - A great alternative to a flat or unit if you want a decent size rear yard, this 3 bedroom semi-detached maisonette home has been freshly painted and is on an almost 500 square meter block. Priced at $190,000.
  • Lot 91 International Ave, Salisbury North (Hawksbury Park Estate) – If you’re looking to build your own home, this 276 square meter block is priced at $99,950 with a house package available from $201,000.
  • Apartment 101, Pulse Apartments, Mawson Lakes – Buy this 2 bedroom apartment with all the modern conveniences in Mawson Lakes, just a few minutes walk from the rail interchange for $279,500
  • 5/14 Hammond Ct, Golden Grove – This 2 story, 2 bedroom townhouse is situated in a quiet and convenient part of Golden Grove, and is priced at $240,000.

To see all Affordable Homes in South Australia, visit the Property Locator website

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