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Don't you think asbestos may have to do with it, too? A lot of older brick veneer is asbestos lined.

Lol. I'm from Germany. Because everything there is apartment blocks with no verge, the ground floor has quite a stigma attached to it. Whereas here everything is on the ground floor. I still dream of a balcony...one day...

Not true. Kwinana is up 20-25% on established homes. Although the bank valuers keep ignoring the fact :(

Negative, bought in 18 months ago :D

Yes I hear some oil&gas things are running out towards the end of this year. Many oil&gas guys are on contracts so if they are not extended, there aren't any redundancies to cushion the blow.

Seconded. Bought mine a year ago and have had credit bills ever since.