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  1. H

    Perth houses are currently as affordable as they were in 2003 and 1996

    So does public transport! At uber's prices, it's not far off the cost of PT, far more convenient for a place like Perth (door to door) and will continue to get cheaper IMO as more people get involved and it becomes mainstream. It's actually a really good solution for people wanting to get to...
  2. H

    Perth houses are currently as affordable as they were in 2003 and 1996

    Don't get me started on Ellenbrook! Agree we shouldn't have spread out anywhere near as far as we have already. I just think we should have areas of much greater density rather than continuing with the single house resi model like we have. Across the entire value chain of councils...
  3. H

    Perth houses are currently as affordable as they were in 2003 and 1996

    I hope we don't get to the point where the only way to live on a decent sized block is either in the hills or in a rural area. It would make a mockery of the idea of "choice" in how we wish to live. I don't want to live in a city where everyone is on a sub 500sqm block, which is where we are...
  4. H

    Perth houses are currently as affordable as they were in 2003 and 1996

    The other side of this coin is that Mossie Park, Cott, etc with their public transport and commercial hubs are logical candidates for further infill. Good for investment of course but no good if you like to live on a quarter acre block, in a quiet residential neighbourhood.
  5. H

    Perth houses are currently as affordable as they were in 2003 and 1996

    Wow - I struggle to know where to start with that. How about: - There are buses to all these places - and a train line goes past Peppy Grove. - It's not far from any of these places to a multitude of activity hubs - city, Freo, Cott, Scabs, Subi, Northbridge, West Perth, Osb Park, UWA, etc...
  6. H

    Perth houses are currently as affordable as they were in 2003 and 1996

    I concur with everything sanj has said. City Beach is down at least 20% from the peaks too... and has sat like that for a long time.
  7. H

    Perth houses are currently as affordable as they were in 2003 and 1996

    That's pretty much my thinking - nothing much left over after transaction costs...
  8. H

    Perth houses are currently as affordable as they were in 2003 and 1996

    Absolutely there was a boom in particular suburbs - as I said. But there were a lot of outer and inner suburbs left out of that. Prices in Mandurah, Rockingham, prestige suburbs, Eastern and plenty of other areas where not much was or is happening have hardly moved at all since 07. My guess...
  9. H

    Perth houses are currently as affordable as they were in 2003 and 1996

    Personally I believe with the reduction of the WA FHB grant, combined with the ongoing lender tightening on RIP servicing etc, on top of the massive recent increases in land tax in the State Budget will mean that certain FHB / RIP suburbs will get hit pretty hard yet. I know a lot of people...
  10. H

    Perth houses are currently as affordable as they were in 2003 and 1996

    With respect MTR, I think Shadow's right. You are talking about mainly development sites and particular suburbs but my bog standard Perth PPOR and RIP have done nothing since 2008 - probably gone back a bit actually based on recent evidence. Plenty of non development RIP stock across Perth has...
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