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    Perth - madness.

    I believe current statistics on WA market are substantially flawed ---- I mean it has not been carefully analysed the data. I do not believe the medium price in Perth anywhere reaches $492k, or the Sep quarter up 10%, the land price up %40. As common sense, when you come cross these...
  2. T

    Perth - madness.

    I think it will not do too much because the rise of rates have been around for a long time. I remember someone put the post saying ask yourself : "Have the investmetn fundamentals changed"? NO. Employment, economy, resources, immigration so on. These are the driving force to a property...
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    Perth - madness.

    From all the comments, and news reports, I become more and more firmly believing that the Perth will have 5 years to run -- 15-20% a year to reach its peak. To pass Sydney is not an issue. Affordability is not an issue because people get jobs and well paid. Now workers get $60-70k easily...
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    Perth - madness.

    Hi, Dan, I do not agree with AUSPROP. I think you forget your purpose of renovation and the process you are looking ---- renovation - sell - renovation. On the paper you seem making $160k. If you take off fees and taxes you paid, you probably make $120k around. 50% on CGT. Do you have...
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    Perth - madness.

    King Brown. I am with you. But I think it could take a little longer.
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    Perth - madness.

    Hi, Air nitta, I talked to an agent (rep) in Perth (from LJ hooker), he told me he bought few houses in Adelaide on the beach for $250k (few months ago). He said now they are worth a lot more than he paid. Are they true?
  7. T

    Perth - madness.

    Hi madmuf, as Muney said, some areas might experience a bit slow down, but overall it is very going very well. I a bit regret I sold a nice investment property in Feb this year. If I had not sold it, it could be worty $40k more (I sold $315k). Now it is into the winter season, the gusty...
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    Perth - madness.

    Hi' Rixter Totally agree with you. I dont think so, you've just over priced it __________________ Cheers, Rixter
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