It's not cheap - but it's Adelaide property at the right price.

We have now moved into the new year and had a good chat over the holiday season about whether or not to buy, or rather, when to buy property in Adelaide.

The fact is that there is a good choice of homes and investment property that have been sitting on the market, way overpriced - nevertheless waiting to be sold.

The market has become very realistic. I use the word "realistic" not to lessen any impact, but to describe accurately the climate that we are in.

Property that is priced accurately is selling very quickly. Buyers are looking for value. This is the time that a lot of poor performing properties are flung at the market, but in between the odd shaped blocks, main road frontages, "hammerhead development opportunities (stcc)" and "polished turds", there are some honest properties that will make very good homes for the next generation and yield around 6% return for the savvy investor. Recent properties that we have purchased have ventured into positive geared territory in only a few months.

No, it's not cheap, but if purchased well South Australian property will perform more effectively than cash deposits at the inevitable 2-3% soon to be offered by the banks.

If you are looking for a well performing investment property, an addition to your existing property portfolio or a home to live in, We guarantee to save you money on your next real estate purchase. Go to http://www.directnegotiations.com.au/ , or give us a call on +61 8 84631997