Solange and her son reached out for support with their first house purchase, working with a budget of $650,000 and a simple brief: secure a good, long term, stable asset, and it had to be a house. As we explored options, it became clear there was a strong preference for a capital city location, which narrowed the pool of suitable houses but helped us sharpen the focus on quality and fundamentals.
That meant targeting suburbs that balanced capital city proximity with the right investment drivers: solid long term growth prospects, tight existing supply with minimal future stock coming on, and low vacancy rates to ensure strong tenant demand. Our attention turned to Adelaide’s north, specifically Blakeview in the City of Playford, where ongoing infrastructure and community investment has underpinned growing appeal for families and renters alike.
In Blakeview, we uncovered a gem: a well cared for, long held home owned by a seller who was downsizing after many years. The property presented exactly what Solange and her son were after, a low maintenance, freestanding house in a growing community that would appeal to quality tenants over the long term.
From there, it was about strategy. By taking the time to understand the vendor’s priorities, we structured an offer that focused on favourable terms rather than simply being the highest price on the table. This approach allowed us to secure the property on strong terms for our clients, and it did not take long after settlement for the home to be leased, delivering the stable, capital city investment they were aiming for.
