The start of the new financial year brings us a great selection of properties up for auction in Adelaide’s northern suburbs. If you’re considering an upgrade, or investing in the region, one of these auctions might just present the opportunity you’ve been looking for.

Friday 2nd July 2010 has two auctions in Adelaide’s north. At 11:00am, presented by Ray White North Adelaide, 50 Pacific Boulevard, Hillbank will go under the hammer. This is a substantial property sitting up the hill, and would be suited to a large family or those who love to entertain. It is surrounded by quality homes, and is only a short drive to RAAF Edinburgh and the Elizabeth Shopping Village. Just up the road at 12:00, 12 Dulkara Avenue, Craigmore will also be auctioned by LJ Hooker Craigmore. A modest property requiring some work, but sitting on a good sized allotment of around 660m2, this may present a great opportunity for a first home buyer to get out of the rent market.

Then on Saturday 3rd July 2010, two spectacular residences will be auctioned in beautiful Mawson Lakes. LJ Hooker West Lakes presents 65 Hindmarsh Circuit, Mawson Lakes for auction at 10:00am. A lovely, low maintenance, 2008 built home, this would suit the first home buyer or investor look to live in Adelaide’s modern Defence and Technology district. Then for the executives, a beautiful home with linear park frontage will be presented by Century 21 Grove Estates at 11:00am. 11 Greentree Place, Mawson Lakes is a wonderful four bedroom, two story property just a short stroll from the lake and Mawson Central, perfect for raising a family, close to Defence business in Technology Park and the Mawson Lakes Interchange for easy access to the Adelaide CBD.

A final auction to note, on Sunday 4th July 2010 at 2:00pm, is a property that could be a fantastic opportunity for an investor or first home buyer. 16 Railway Terrace, Kilburn may have been hit with the ugly stick, and have the railway line and freight yard straight accross the road, but it is also close to public transport and less than 10km to CBD. Development consent has already been granted to build two dwellings on the 680sqm site too, and as Weeks and Macklin are representing the property, certainly they would have a building package ready to go. I have no doubt that this will be a very affordable property, and that there is nowhere else in Adelaide that close to the CBD that will be this affordable.

Have a great weekend, and good luck if you’re bidding!