Spire Living | 107m | 37lvls | Residential

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Pistol · #106 Post by **Pistol** » Fri Oct 20, 2006 2:11 pm

Snorkie wrote:
Which Advertiser was that?
What do you mean which Adevertiser? How many do you know??? Dont remember exactly but it may have been mondays or tuesdays. Was gonna get the article, but read it while was at work and then forgot about it, and only remembered now. Actually was a pretty good article if anyone still has it and can be bothered posting it...

Eh?

Which day? I think I know The Advertiser Snorkie. I was curious cos im interested in selling my apartment. Be good to know what sort of environment there is out there at the mo. Geez you have to be so literal in this thread!

#107 Post by **Howie** » Fri Oct 20, 2006 2:13 pm

I remember that article also. They were talking about how the median price for apartments has increased while the median price in the suburbs has fallen.

Snorkie · #108 Post by **Snorkie** » Fri Oct 20, 2006 2:23 pm

Eh?

Which day? I think I know The Advertiser Snorkie. I was curious cos im interested in selling my apartment. Be good to know what sort of environment there is out there at the mo. Geez you have to be so literal in this thread!

lol sorry Pistol, just when i read it that was my first reaction, like what the...? If your looking at selling, now would be the time apparently, cause apartment prices are booming, with off the top of my head something like a 7% growth in the past quarter (dont quote me on that though). Article went on to say that lots more younger people now buying apartments in cbd due to cost of petrol, and fact that all your needs are practically on your front doorstep. So... looking good, and hopefully see some more apartment developments being proposed in near future, and maybe something finally happen with spire...

Pistol · #109 Post by **Pistol** » Fri Oct 20, 2006 3:09 pm

Snorkie wrote:
Eh?

Which day? I think I know The Advertiser Snorkie. I was curious cos im interested in selling my apartment. Be good to know what sort of environment there is out there at the mo. Geez you have to be so literal in this thread!

lol sorry Pistol, just when i read it that was my first reaction, like what the...? If your looking at selling, now would be the time apparently, cause apartment prices are booming, with off the top of my head something like a 7% growth in the past quarter (dont quote me on that though). Article went on to say that lots more younger people now buying apartments in cbd due to cost of petrol, and fact that all your needs are practically on your front doorstep. So... looking good, and hopefully see some more apartment developments being proposed in near future, and maybe something finally happen with spire...

I read an article in a brochure sent out by Hines that the CBD only has a 0.2% vacancy rate on rental properties. Thats 2 in 1000 houses/apartments in the CBD are vacant! I can't believe that due to these statistics there are not more projects going up. But with Spire, Conservatory and the Precinct it will be interesting to see what happens to these figures. I also know that banks are unwilling to give out loans on inner city apartments due to the glut on the East coast. Even Adelaide Bank bases their recommendations on what is happening on the east coast market! stupid!

Snorkie · #110 Post by **Snorkie** » Mon Oct 23, 2006 9:55 pm

Howie where is my photo? I thought it would be up by now...

I read an article in a brochure sent out by Hines that the CBD only has a 0.2% vacancy rate on rental properties. Thats 2 in 1000 houses/apartments in the CBD are vacant! I can't believe that due to these statistics there are not more projects going up. But with Spire, Conservatory and the Precinct it will be interesting to see what happens to these figures.

I dont think that spire, conservatory, tivoli or 379kws will make any impact on those figures, cause between those 4 projects it will only put like 200 apartments on the market. And with reference to the precinct which will put like 1300 apartments or so on the market, these will prob sell out in no time i reckon, cause if they build two towers at a time that means about 500 apartments at a time will come onto the market, and due to the fact that the above 4 projects will all be relatively expensive to buy an apartment in, this will really be the only low-moderate income apartments to come onto the market. Unless of course more get proposed in near future. Nevertheless very promising apartment figures for adelaide, which as you mentioned pistol, should hopefully see more projects in near future.

Snorkie · #111 Post by **Snorkie** » Tue Oct 24, 2006 1:58 am

#112 Post by **Howie** » Tue Oct 24, 2006 7:47 am

Snorkie wrote:Howie where is my photo? I thought it would be up by now...

Been in your pm box since 1pm yesterday afternoon. Didn't get a chance to post it on here though.

#113 Post by **Ben** » Fri Oct 27, 2006 1:10 pm

The best way to explain the location is on page 34 of the property report. It will be a very skinny building. This was put back to go on the market in September but has been put back til November hopefully won't happen again.

http://inproperty.com/pdfs/spir_property_report.pdf

Snorkie · #114 Post by **Snorkie** » Fri Oct 27, 2006 2:23 pm

The best way to explain the location is on page 34 of the property report. It will be a very skinny building. This was put back to go on the market in September but has been put back til November hopefully won't happen again.

Beamer the site is clearly visible in the photo that I posted above, it is opposite the rendezvous... Yes lets hope it goes on sale in november, but im not gonna count on it... hopefully im wrong though.

#115 Post by **Ben** » Fri Oct 27, 2006 2:41 pm

It is and thanks for the photo it's great, but it doesn't have street names so those not familiar with the area now have something to compare it to

#116 Post by **Ben** » Mon Nov 13, 2006 3:20 pm

Good news and bad news. Spire is still definately going ahead, but the release has been delayed until March next year due to "on going negotiations" (Maybe in regards to height limit). There will be a campaign for registrations of interest starting in January.

If anyone is interested in buying one of these let me know and i'll give you the detials of the guy to talk to as it is not going to the general public until March, however if you would like to secure one before this time it can be organised.

shaun · #117 Post by **shaun** » Mon Nov 13, 2006 5:17 pm

Would love to, just need the cash...

#118 Post by **Ben** » Mon Nov 13, 2006 5:22 pm

Haha don't we all.

#119 Post by **Will** » Mon Nov 13, 2006 10:09 pm

beamer85 wrote:Good news and bad news. Spire is still definately going ahead, but the release has been delayed until March next year due to "on going negotiations" (Maybe in regards to height limit). There will be a campaign for registrations of interest starting in January.

If anyone is interested in buying one of these let me know and i'll give you the detials of the guy to talk to as it is not going to the general public until March, however if you would like to secure one before this time it can be organised.

After 3 years of waiting, I hope this is the final delay, but I wouldn't bet on it.

#120 Post by **Howie** » Mon Nov 13, 2006 10:12 pm

beamer85 wrote:If anyone is interested in buying one of these let me know and i'll give you the detials of the guy to talk to as it is not going to the general public until March, however if you would like to secure one before this time it can be organised.

Wonder how much money they're talking for say a 2 bedroom apartment?

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