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I reckon the main problem is the rate and the labour government. They are going to intruduce carbon tax and the abolish the WPA. These are stupid ideas and the DUDD though he could save the planet by killing the Ausie, and their anti-productivity initiative. This may lead to a long high...

At moment, it does not seem the case in Midland. You may expect it sells for $330k for a small unit, but the actual contract price may be less than $300k. There are too many units at moment such as, Midland, Balga... You better off rent them.

I think it is reasonablely priced. A cottage block and a cottage house.

Because you donot inspect the houses that often and you probably accept whatever they build.

U never know.

No sure, Ausprop. I live in Quinns. It took more than a year to extend about 800m to Butler. I wander how long will it take to get Two Rocks. I belive they are more interested in the development in Alkimos rather than Yanchep.