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No worries there.....all lots being developed near Wellard station are selling like hot cakes. Once these walk to station ones are gone...the premium of being near the station only increases.

I think you are better off buying at the Northern end of Mandurah. The infrastructure and transport is much better.

I'll ley you know how I go with Mandurah in about 12 months when it is built. Lets say that there are things are going to go in the estate I am buying.....not a dead cert....but it is likely to happen. The reason why people lost their shirts in Mandurah is because they got in late. Perth land...

No just my research via the net and lots of reading and then a quick visit....land in Perth now is scarce. Lot of estates do not have any land ready for building...most are selling with registrations 4-6 months out.....

I bought in PEET's Wellard Village. Two weeks after I signed the contract Woolworths and PEET announced that a $28m Woolworths will open. They are the anchor tenant and other commercial tenants will follow. A train station already exists and thew city is about 30 minutes away by train so...

Land is going up quickly this time also...but can't see it double yet. But I can see it going from 130k to 190k for the smaller lots with no worries. That is like a 45% gain...this is the potential in the next 2 years. Even with that increase and say a small H&L package cost is 185k. That is...

Marisa.....smaller lots are becoming more popular..in some cases well designed homes are selling as much as larger lots. It is all about the home..and quality. I looked at Ventura and they are too expensive. The price to value did not make sense. I also like custom designed homes as I buy...

OK I lied....the holding costs are another 7.5k....this is just he build cost. I don't settle on the land till I am ready to build. Lots of builders can build for that price point - Dreamstart, Homestart, Colliers, etc. I am building 3x2x2 with theatre for 165k. Note that living is about...

Yep. Marisa...the smaller lots are more popular from a rental perspective. The larger homes thus more expensive to rent are sitting longer on the market. The number of downsizers is driving the demand for smaller lots. Very few homes are selling less than 350k (older homes).

Done that already....bought a small block in Wellard for 140k...2 weeks before Woolies went in. I think I just made 20-30k out of thin air. I plan to put a house on it for 165k that will rent for 400-440pw once complete. Kwinana is also hot....bring it on....

The train has definitely left the station for Perth but it has not peaked. I just bought a small strata lot in Wellard and am building a house for 305k (includes 140k for land). Getting a decent block on Wellards for less than 180k is now impossible where as it was possible less than 4 months...