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Rabidz, Not sure what PT bear meant, but In my original post I just meant that the line is running over the frontage of the property. Unfortunately probably about 30% of houses that I've seen in aus have this problem.. It just doesn't look as nice in my opinion, and definitely detracts...

Thanks for the comments guys. Power lines are definitely something to look out for when factoring in the final price. Just to update on this particular block. It was in an R40 zone and over 1000sqm, so it seemed to me as though 4 villas could potentially fit (and it was priced this way), but...

Hmm how much bigger are the larger ones than the smaller ones?

Havent inspected the property yet, but on google maps the lines look quite noticeable..

Hi All, Just wondering how much power lines running over a property devalues it. I am looking a potential development block in Perth at the moment, but power lines run right over it on the street, and it is quite visible. Should i stay away?

Agree mirrabooka represents good value but no proposed re zoning means the only strategy for me would be a buy and hold. MTR Do you think there's still value in girrawheen and koondoola? Or has the market overshot itself like balga and Westminster?

MTR, Just curious as to why you think said areas are low risk? Do all those areas have proposed rezoning? There is no rezoning proposed in Mirrabooka that I know of..? But still a lot of state housing that needs to be sold off and tenants cleared out. I am still a newbie to property...

Also Blair: Could you please tell me a bit more about what's happening in Hamilton Hill? It looks to be in a fairly ideal location (within 15km to CBD, close to sea) so any reason why it's underpriced compared to surrounding suburbs? Is there a stigma associated with it? I don't...

Blair: Thx for the comment. I'll have a look at Hamilton Hill as well. My issue is that when looking for a property to manufacture my own equity from (either by renovating or subdividing), you generally need large blocks. And large blocks in Perth are obviously quite expensive at the...

D.T: So for the first homebuyers grant, do you not even get the stamp duty exemption if its an old property? About my work-life balance : I'm generally working full-time during the week, but on weekends I have as much time as I need to work on a development. So what I meant was that I...

Stats: $300K cash in bank. $120K (excl. super) pre-tax base salary. I don't own a PPOR because I work as an expat, so my employer pays for all my accommodation expenses (not included in the $120K figure). My work takes up quite a bit of my time so I would prefer something quite simple and...