SA is a weird place to invest IMHO. Some of the suburbs are quite expensive compared to same type of place in Vic or QLd. Houses can be 30K away from city with crappy public transport and be way over priced with low rentals compared other states. Then you get some really good big blocks of land with reasonably priced solid houses closer to city where the same distance in Brisbane would cost you an arm and a leg for a timber framed.
You really have to do your homework in SA. I'm not familiar with regional areas but in Adelaide, for houses under $300k I'd be looking at coastal areas of Port Noarlunga south or Seaford. They are 30K out but there are some lovely larger blocks with solid houses or you could look at places north like parts of Woodville and surrounds which is very close to city and the area is starting to be be popular but is still reasonably priced.
For units around $300k stay very close to city, Unley, wayville, Kurralta park etc. Only look at the Small block of units, with large rooms, at least 2 bedrooms with carport at least. These rent very easily. check strata to ensure no large repairs looming.
You really have to do your homework in SA. I'm not familiar with regional areas but in Adelaide, for houses under $300k I'd be looking at coastal areas of Port Noarlunga south or Seaford. They are 30K out but there are some lovely larger blocks with solid houses or you could look at places north like parts of Woodville and surrounds which is very close to city and the area is starting to be be popular but is still reasonably priced.
For units around $300k stay very close to city, Unley, wayville, Kurralta park etc. Only look at the Small block of units, with large rooms, at least 2 bedrooms with carport at least. These rent very easily. check strata to ensure no large repairs looming.
