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When I looked at the map when the story first came out in the West, Girrawheen was going to be part of Wanneroo still.

Prices in Girrawheen are now in low to mid 400s, people were saying here 6 months ago that the ship had sailed when prices were in mid 300s It was supposed to be two years in April 13 which means sometime in 2015 not three years from now?

Where's Sanj! Might be a good time for a reval and another ip, but probably somewhere else

Plenty of places going in girrawheen now at 400 plus - had a desktop on mine done yesterday and its up 15 percent in three months

+1 to this

What's wrong with drunk tenants :p

Not much around under 400 in girrawheen now. No reason why it couldn't go further - it's no worse an area than V Balga or Nollamara and development sites in those areas carry higher price tags. Ill put a carton on the rezoning going through - coalition government and max light rail both...

Thanks for posting the a attachment gives me a feel for what is possible on my block

lol I was just looking and was going to post the same place - its not that much bigger than the standard 692m2 block - will be watching with interest as to what it sells for, mine is not far from here.

How is it any less sustainable that what is happening in Sydney. Sure, it's a **** area in some respects but its still affordable and they (the government ) seem to be making en effort to improve this part if Perth.

I think you've missed my point , the point was there is still interest in the girrawheen market and prices are still rising because of it.

http://www.realestate.com.au/property-house-wa-girrawheen-113468763 Under offer from 475k on 692 slightly larger home

It was at the time

But it's what the majority are doing that determines the market - doesn't make it right but it is what it is.

Girrawheen median now 402500 according to Realestate.com.au

geez you really arent keen on this area are you

Looks like a lot of people out there don't mind a punt - most places in girrawheen are currently under offer on Realestate.com.au

http://www.realestate.com.au/property-house-wa-girrawheen-114475723 Under offer asking price was 450.

No, we aren't talking about what I bought but I guess you said the same thing about my purchase at 365 , now there is property listed at 440. At 360 it was cheap in the circumstances and by any measure, 440 isn't outrageous notwithstanding the problems the area has. As for development who...

I'd rather buy two or three of these places than one expensive dog box with a courtyard on the edge of the city. As for the who knows - any investment strategy relies on a who knows scenario Each to their own