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Imagine what that will do to fuel the market even further if that trend keeps increasing.

Everything is relative to the supply & demand ratio. The more demand than whats available to purchase (supply) puts pressure on prices upward because people are competing against each other to secure a purchase. In the outer areas there is lots of land thus the supply side of the equation...

I did that 10 years ago...all our Perth holdings have tripled in value since then until now. Nothing like getting on the elevator in the basement for the ride up the ever increasing scraper of CG!

I purchased in Midland back in 2000 just when the WA Govt formed the Midland Redevlopment Authority and allocated $300M for it. Its done very well - my property there has more than tripled in value.

Thats quite a drop .....I would hazard a guess and say quite a few people have taken their properties off the market due to the time of year being holiday season.

AFL grand final weekend kept the potential buyers indoors thus sales down and stock slightly increased.

At these prices you better take two! ;)

The ducks are lining up. Ka-ching Ka-ching :)

Let the good times roll (again)..

Properties in & around my neighborhood are selling at first home opens.

Yeah I reckon. Just wondering how the developer profits over that time have performed.

I purchased in Midland in 2000 on the back of the Govt's Midland Redevelopment Authority being formed and approval for $300 million allocated for works in the area. Today, my holdings there have tripled in value.

My understanding is CF+ is after tax, Positive geared is before tax.

Yeah each of mine are also 105% borrowings. That one I mentioned above is a villa in Cannington. Bought it in 2001 for $123k and put a tenant in at $160 per week. Now days I reckon its value is around $380k-$390k and rents increasing from $360 to $420 per week. From memory it became CF+ 8-9...

Damn that's a long time to become CF+ :eek: Where/what is it and how much did you pay?

How long have you held the property?

Yeah Im getting $50-$60 each a week increases on my Perth located IP's. Supply is drying up.

Oh come come now daaarlings......you haven't started living if it's not Chardonnay sets all the way!

I've been tracking Pending Property Sales performances on my selected suburbs, even before settlement has occurred, for a few years now. You can track it weekly, fortnightly, monthly or quarterly. Pending Sales are sales that have not yet been recorded as Registered Sales at Landgate...