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    Anyone else looking in Perth at the moment?

    As an inner city real estate agent, I can confident say that I am getting on average 2 or 3 offers on any property I list (under 500K). Over that range it is still abit slow.
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    Are rents rising, falling or remaining stagnant in your area?

    Hi Minx, With respect to values, I have noticed that the prices have stopped dropping and are now stablizing. All my properties are worth at least 10-15% off their peak prices but still am very happy with the growth so far. I am now concentrating my portfolio with properties within 15 kms...
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    Are rents rising, falling or remaining stagnant in your area?

    We have 4 properties in Rockingham area WA and have noticed that rentals have pulled back a little. We tried to increase the rents but tennants are not accepting the increases! However in inner city, 1 bed fully furnished and equipped are very sougt after. You can pick one up for $250Kish and...
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    property manager - GERALDTON

    It's quite hard to recommend a good one in gero. Some will only want to manage "nice areas" and wont touch one in less affluent areas. I have 2 properties in Gero and use Ray White, they are OK as PM but woudnt say that they are brillant, but then again, they are not bad. Talk to a few...
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    Anchorage Thread Closed?

    Had to drop the rents to 350pw to get a tennant and have done so. The rentals at the moment is very quiet!
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    Anchorage Thread Closed?

    Hey Boys and ladies, Just want to let you all know that renting in Rockingham is very slow at the moment! Had to reduce the asking rent of 32 Grove Street SHOALWATER to $350 pw to get a tenant! Time of the times. Happy investing.
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    Anchorage Thread Closed?

    Hi there, Just updating the crew that our rental at 32 Grove Street shoalwater has been very slow at letting. We have 2 vacant properties in the area and have found that enquiries to rent has been very low. We have reduced the asking rent to be in the range $350-400 per week. Hopefully...
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    Anchorage Thread Closed?

    Hi Sparky, Yes reps proportion of fees charged seems fairly low. You do have to consider that it costs about 80K a month to keep our doors open, about half of the overheads are paid for by the rent roll but thats why sales split are skewed towards the agency. In saying that, if you are a top...
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    Anchorage Thread Closed?

    Hi All, Yes Sparky, it is me who works for Harcourts. I have 2 houses on Grove STreet, 1 is rented out at 370pw to wonderful tenants and one is about to become vacant and I'm asking $400 for it (up from $390pw). Spoke with David Dennett who is a good friend of mine in real estate and he...
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    Anchorage Thread Closed?

    Hi All, my 32 grove street shoalwater is coming up for renting soon, I am asking $400pw for it so I'll keep you posted whether it can be achieved. It's a 4x2 built by Gemmill Homes so the stock standard home.
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    Screwed by bank again even with 10% deposit

    Ouch I hope that you can find a happy ending to this nightmare... damn banks!
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    Where are your properties?

    PPOR in South Guildford WA 1x Waikiki WA 1x Warnbro WA 2x Shoalwater WA 1x Port Kennedy WA 2x Cloverdale WA 2x Camillo WA 3x Elizabeth North SA 1x Smithfield Plains SA 1x Smithfield SA 1x Cairns QLD 1x Gympie QLD 3x Uttakarra Geraldton WA Now just watching the market... waiting...
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    Anchorage Thread Closed?

    Hi Everyone, Hey Kenneth, it's a shame about your 26 Eldon, looks like a really nice floor plan and the views are great. Hoppe that you get a good result under the hammer. HEy Sharon, the tenants that we have in our two Grove Street properties are keeping the place like their own, there's...
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    Anchorage Thread Closed?

    Hi Everyone, Just want to keep the investors posted that we are now receiving $390 for our 4x2 Grove Street in Shoalwater. With falling interest rates and higher rents, its starting to be a bit easier to hold on to our investments. Have a great day!
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    WA Recovery for Investment Potential?

    On a different note, I have noticed that properties in our office for sale are now starting to get snapped up at good prices (our office is in Maylands 5 km from the CBD). We are a medium sized office so hopefully this will start filtering through the outer suburbs.
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    WA Recovery for Investment Potential?

    Hey Sparky, I can confirm that I don't own 46 Grove, I own 32 + 54 Grove. I spoke to the agent for 46 grove and he said that it was likely to go for 360-380K. Apparently the owner is "very keen" for a sale. Damn the prices seem to keep dropping. I too am surprised that your two proprties...
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    Beware Lin Andrews in South Australia !!!

    Ummmm.. interesting post.. I have a property by Lin Andrews and so far have been very impressed by their service. Keep us posted on the progress.
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    Anchorage Thread Closed?

    Hi All, Just had my houses on 32 & 54 Grove Street Shoalwater valued last week, it came in at a surprising $450,000K each. So the valuers still believe that it still holds some value. Also we just increased the rent to $350 pw for 54 Grove. Hopefully with the IR coming down, the whole...
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    Commercial in Annerley

    Hi Luketel, Can we have more details on the property? Don't tease. Thanks
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    Rockingham/Shoalwater house now on-line

    Hey lay off sparky, when things are tight, you have to do what you have to do to survive. the poroperties thats being offered is of descent value, you cant buy the land and build for the price thats being asked. be kind and be nice and understanding.
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