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7% pa for 3 years seems pretty optimistic to me. There's zero confidence in the market at the moment and with rising interest rates, that's not changing in a hurry, all other things being equal of course. Without some other 'stimulus' like wages growth or unemployment figures, I'm reckonin' a...

At that price you can get duplex sized blocks in Bedford, at around 850 you can move to some of the nicest streets in inglewood (6th, 7th, 8th Ave). It will get you a duplex block with an unrenovated californian bungalow in a highly sought after area. The trouble with most of them though, the...

The can because of lack of competition due to over-regulation of every single industry.

Iron ore expansion plans in the Pilbara announced today by Rio, coming online next year through 2016. http://www.watoday.com.au/business/rio-to-invest-us790m-in-pilbara-20100804-116re.html

What is the per-property return? If you don't mind sharing. Thanks.

I'm with you Jacko.... quietly confident. Bit slow right now, but things will pick up. Not convinced it'll be another boom, but certainly good growth coming with unemployment steadily decreasing and mining projects steadily increasing, the rest will follow.

Mining boom's not going away, whether or not it will translate in to a property boom this time though, how about slow and steady growth instead? http://www.watoday.com.au/business/miners-seeking-6200-workers-20100630-zmud.html?autostart=1

It will be interesting to see if confidence returns now that the mining tax hoo-ha is over and done with and the miners are happy again. If only we all earned enough to be able to dictate our own tax contributions eh? I don't want to derail the thread into another mining tax debate, but...

Heh heh... glad to hear I'm not the only one appalled at the lack of quality and service in Perths hospitality industry.

Sounds like you need a broker Lynchy. Why not post a question in the property finance section, your bound to get a response.

How about Troy Buswell's "emergency meeting" to try to prevent another property boom in WA? So many things wrong with that idea, firstly, the only way to prevent it, is to prevent overseas and interstate workers moving here for work. Secondly, by announcing this on the front page of the paper...