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    Perth meetup - Saturday, June 20th

    Count me in too :)
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    Asian hubs in Perth and Adelaide

    Biggest attraction to Asians (Chinese, Indians, Malaysians, Singaporeans) for SOR suburbs is the 2 high schools: Rossmoyne and Willetton. Rossmoyne used to top Willetton consistently in the ATAR rankings. But the last 3 years had been different. They both put up good fights :D My kids go...
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    Building inspectors in Perth

    Exciting! Good luck with the project, hematite :)
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    Rear property - possible issues if front house is under renovation?

    Thanks Jess :)
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    Rear property - possible issues if front house is under renovation?

    Interesting. Thanks for the info :)
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    Rear property - possible issues if front house is under renovation?

    Folks, Found a property with potential. First look seems promising. 500sqm block, 3 x1, 20 year old house, 10 km from city. One big risk seems to be the house in front. It looks old, and the owner is doing renovation. REA said that he sold the front house to current owner who is a FIFO...
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    Property Cycle Clock - Where are we right now?

    Totally agree......COMPLICATED!! And this line from 2nd article is so true for newbies like me: "Generally, Perth appears to be a challenging market for the unitiated. On the surface there are still high prices, but there's also much less activity." Learning a lot from the discussion here...
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    Perth Property Market updates

    This one in Willagee sold fast! Appeared in my inbox on 15-4-15. Sold today :eek: http://www.realestate.com.au/property-house-wa-willagee-119548499?cpmessageid=166374157&rsf=emailalert-propdetails Advertised for $507-$515 k. Sold for $570k.
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    From $0 to $5.6 Million in 4 years

    Wow! Congrats....30 is a huge achievement :):) Gorgeous ring :)
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    Perth property listings - under 9,000

    What is Class 2 low rise?
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    Perth property listings - under 9,000

    Aaron, How would a well-designed townhouse fare if there are low rise apartments being built opposite the road, and possibly next door? Would the value rise or go south?
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    Highgate WA: R80 Project #2

    Congrats Myf! You are an inspiration :):)
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    Belmont vs Carlisle vs Rivervale vs Vic Park

    The thought had crossed my mind before, Westie. But no guts to go down that route for now, as I don't even know how to do proper/thorough calculation for a straightforward buy...let along building something and making sure it is profitable :D But it is intriguing that I could build something...
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    Belmont vs Carlisle vs Rivervale vs Vic Park

    The locals would know I don't belong in a split second. Haha :p:D
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    Belmont vs Carlisle vs Rivervale vs Vic Park

    Current median on REIWA site for Vic Park is 690k, growth 1.8% in the last 12 mths. In Dec it was $697.5k, 4.1% growth. Most of the neighbouring suburbs have higher medians. You're probably right that Vic Park can go further.
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    Belmont vs Carlisle vs Rivervale vs Vic Park

    Thanks Rixter :) Had a quick look at Cannington. It is more affordable but lots of 3x2 villas. What are your tips to get the optimal IP in a suburb like this? Will view a few to have a better feel of the area (from an IP point of view...instead of shopping :D )
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    Belmont vs Carlisle vs Rivervale vs Vic Park

    Thanks THEHEATH :) It is pricey in Vic Park, from my quick look on RE.com. Sigh. Will check out Carlisle as well, to see if there's any potential for my budget. Crazy that $500k seems like a small budget when I read of $300k budgets in Brisbane :(
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    Belmont vs Carlisle vs Rivervale vs Vic Park

    Thanks, Hematite, for the Rivervale info. If villa prices continue to slide, perhaps it might be viable. Current median on REIWA is $613,600 with last 12 months growth of 7.6% Will expand search to blocks of land. Viewed 80 St Kilda but the house was too nasty to help with holding costs...
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    Belmont vs Carlisle vs Rivervale vs Vic Park

    Thanks Dave. Should hv gone Forresfield, eh? :p Where would u look if you were to buy anything in Perth? Will ask you about Adelaide once I get IP1 done and dusted :D
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    Belmont vs Carlisle vs Rivervale vs Vic Park

    Eeks! Not good :( Next IP perhaps in 2 yrs time. What areas would you recommend for CG? Was also looking at the southern suburbs like Wilson, Parkwood, Riverton and Willetton. The Rossmoyne and Willetton school zone houses are quite pricey. $500k budget can probably get a 3x1 mostly older villas.
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