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yes, standard block is 728 for the area. I would also include Nollamara at peak, prices too high for deve block, end value just does not stack up.

Blocks in Westminster are now heading over $550-580K, your figures above I think are pretty close, though I would add 10-15% more for holding costs, stamp duty etc. It really makes no sense to buy in this area. There is also additional risk now of an oversupply of villas in Balga and...

Agree, the boat has sailed. Also, have been told that villas are harder to sell at the moment in Balga and Westminster.