Please excuse the grainy instagram picture, I am still playing mega-catchup on the blog. I picked up this houndstooth fabric from Darn Cheap Fabrics in Glen Huntley, early this year. It wasn't from the $2 table, it was about $$7/m. I used my self-drafted pattern that I made my chevron skirt from.
Whilst the fabric is a stretch, the recovery isn't great. If I was doing it again, I would put elastic in the waistband. It stays up, but gets looser throughout the day. If you are wanting to make yourself a stretchy a-line skirt that has a self-waistband, then definitely go for something that has good recovery. Something with a little lycra or spandex would be ideal. These skirts come together quickly and easily and are a great addition to the wardrobe as they look great and are comfortable to wear.