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    Home prices compared to a year ago

    Hi Kent, at over 500k can you provide further insight into how the figures might work for such a site development wise? Cheers!
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    Expenses incurred - PPOR vs IP

    Are there any types of expenses you would defer until the property is an IP?
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    Expenses incurred - PPOR vs IP

    What types of renovations/repairs/improvements would you undertake whilst a property is your PPOR and which would you wait until it is an IP in order to maximize tax deductions? To phrase it slightly differently, which renovation/repair/improvement expenses would be depreciated over a number...
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    Size - Build & Retain

    Mate your a champ! Only question is, what is the 20% driveway rule?
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    Size - Build & Retain

    Would you be able to clarify the minimum open space. Would I be right in saying if the minimum open space is 45%, on a 300 sqm block for example, the building has to be less than 165sqm? Is plot ratio similar? One of the tables in the R-Codes document lists minimum lot area/rear battleaxe at...
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    Size - Build & Retain

    Hi everyone, What do you think is the minimum size you would want the rear block to be, in a battleaxe build and retain scenario, from a practical perspective in terms of being able to build a reasonable single storey house, and also ability to sell (ie. don't want something so small, its...
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    Eden Hill

    Is this referring to the 750sqm R20/30 corner block? What would the numbers look like? There seems to be a lot of ads for house and land packages in Eden Hill, would the numbers still stack up?
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    Marangaroo/Girrawheen

    Thanks westminster! More noob questions: - The interconnected red lines are the sewer lines, what about the red line on the right between the numbers 13.4 and 33.6? - Using this property as an example, with the sewer lines running along the boundary of the property, you should still be able...
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    Marangaroo/Girrawheen

    Where do you get access to such maps and how do you interpret them from a development potential perspective?
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    Mirrabooka

    Also, generally, how long is the period between rezoning being proposed until approval? Or is this akin to asking how long a piece of string is :D
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    Mirrabooka

    Is rezoning quite unpredictable, or are there specific indicators which may suggest a suburb is likely to be rezoned soon? I tried looking on their website but the latest info was from a 2010 document, might be worth calling the council for more up to date info? Has anyone noticed trends...
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    Mirrabooka

    Does rezoning not usually spread away from the CBD? I guess somewhat similar to a strategy of looking for cheaper suburbs where neighbouring suburbs have seen growth? Can anyone shed any light on why Mirrabooka has not been rezoned whilst neighbouring suburbs have?
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    Mirrabooka

    Hi All :) The surrounding suburbs around Mirrabooka (WA) have been rezoned or have proposed rezoning (Balga, Girrawheen, Koondoola, Ballajura), yet Mirrabooka seems to be missing out. Does this present a good opportunity to get in before rezoning occurs and beat the price rise or would it...
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    Strata Report Perth

    How does everyone go about doing their due diligence on strata properties in WA? What information is contained within a strata report in the eastern states and how would one find the equivalent information here in Perth? :confused:
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    Strata Report Perth

    I have come across information regarding pre-purchase strata audits/checks/reports but they all pertain to the eastern states. Are there any companies in Perth that offer a service whereby they look over the Strata company's finances, meeting minutes, bylaws etc. and advise accordingly...
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    mirrabooka, balga, nollamarra

    How does a suburb like Ballajura compare? A bit more to the east but theres talk of rezoning? http://www.realestate.com.au/property-house-wa-ballajura-116835935 Proposed R50 717sqm, 3x2 would rent for $450?
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    North Perth Example

    Would you be able to elaborate? Would love to hear thoughts on the negatives people see with regards to this property. The Charles St property definitely looks a better investment! Would anyone with more experience be able to give some insight in terms of what price would make this...
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    North Perth Example

    Hmm...its been on the market about 5 weeks which isnt terribly long? Probably exacerbated by being overpriced (intially listed at low $600k). That's also less then a % difference in yield, and I would think a 3x1 townhouse and being in North Perth both compare more favourably then a 2x1 villa in...
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    North Perth Example

    HotRod, I agree, I looked at those figures and came to similar conclusions, though I probably felt $550,000 would be a decent price given the increase in prices since 2012? Oldlistings.com.au quotes $499,000 - $539,000 SOLD in March 2012 (also listed for similar in Nov 08). Given the 15 or so %...
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    North Perth Example

    Being new to property, I have only identified some factors to look at when assessing investment potential: - yield (approaching 5% based on $500pw and $550,000): this seems to be about average? - potential for capital gain: I guess this is a hard one? How does everyone feel about North Perth...
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