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Just attended two auctions this morning - both small vacant blocks zoned commercial with varying plot ratios. Vendor for both was the Mains Road Dept, excess dirt "made" out of their by-lanes and laydown areas. Titles not available yet. One was 1,210 sqm in Northbridge literally on the exit...

Well we're just about to jump in again to the Perth market up to our neck in debt...just like we did 2 years ago....glad we did that. I reckon the stuff that appeals to us has at least another 3 to 4 years of strong growth. Leasing for our dusty dilapilated warehouses and truck yards is just...

Never a truer word spoken.

ticking along just tickety boo.....just quietly .....and it's not just housing that is ticking along nicely. All those trucks and machines need a home as well. Beeeewwwwwdiful.

Dunno, living in Koondoola, we don't get to rub shoulders with those toffs. :p

Hi Redwing, We saw that in the paper also, but unfortunately the journo only told half the story. The full story is far more interesting. It is true he bought it for 6.5 MM in Feb 04. What the article didn't say, was that for 6.5 MM he got two titles side by side, 4905 sqm of dirt all...

Hello again, I think I've mentioned it twice already in this thread, but people are still asking the same questions over and over and over. This resource boom thingy we seem to be having is based on large international Contracts having been signed between very large corporations. These...

I think this climate here in Perth is an excellent time to buy....of course it depends on what you are buying. Currently looking at some of the "gotta flog off" stock that the Receivers and Managers have been lumped with after the Westpoint debacle. There is some nice properties there....it...

Exactly. My Uncle owned it for 20 years and was forced to sell to his lawyer neighbour (under the threat of legal action) for 380K back in 1998. So, if it went for 900.5K, the lawyer got 11.38% p.a. compounded over the last 8 years. Quite acceptable I suppose as a capital growth rate, but...