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On Grand Final day?

Another thread? :p

I don't feel that Gosnells and surroundings can go up further in a short time. I would be happy if I am wrong though. The rents went up around 2012 and the property prices followed. It seems that the rents peaked and then came down a bit. And the prices sort of stabilised around 350k. But...

Many old brick veneer houses have small bathrooms and old kitchens with asbestos. They may cost a lot to renovate.

Just supply v demand. Too many rentals in market, harder to rent out so rents get reduced. Reducing rents by $20 a week cheaper than keeping the place vacant for a month. Of course there are markets within markets. And a savvy investor can make money at any time in a market. If prices plateau...

Week ending 30 Apr 2014 Listed For Sale 10,179 4 weeks ago 10,039 Same week last year 8,667 Listed For Rent 5,141 4 weeks ago 4,994 Same week last year 3,430 5,000+ vacant properties. Yields going down..

That is good. Seems more properties coming to the market, more chances to grab a solid house in a good location at the right price.

I focus on a few suburbs only. So I don't think this will apply to wider Perth. Agents are being a bit nice :) I reckon it is because they don't have too many buyers lined up compared to a few months ago. And the rents are falling. Last time, the rents were going up. And now it is easier to...

Booming in Perth? It doesn't feel like so; but I wouldn't mind though.

During last few weeks the number of people coming to house opens seemed slightly lower. Just my observation (South of the river) May be because more houses are in the market or may be because the holiday season is approaching. Time to look for bargains?

Well, I came to Perth just 5 years ago. Not much traffic compared to today. Things are changing quite fast I reckon. Personally I would love a less crowded Perth. But more people means more houses :)