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  1. T

    Perth - madness.

    I like to know what you guys think the affect on the property prices in Perth if the IR increase next month eventuate. Will it be just a blip in the market? Looks like very very likely it will go up. Will it be enough to stop the growth for a while especially if they are predicting another one...
  2. T

    Perth - madness.

    I wonder with all the talk about strong demand in the next so many years. If the demand is that strong, how come the rent hasn't caught yet? If the demand for housing is that strong, rent will also go up strongly.
  3. T

    Perth - madness.

    Redwing, The chart is interesting. It took over 13 years for median price to double from 1987 boom and 10 years to go up from $100K to 150K. If the history repeat itself buying now on -GE 100% is a bad move?
  4. T

    Perth - madness.

    One thing I notice is the large number of listings in suburb where my IP is. The last couple of months it has almost trippled. I think they are still selling but isn't it an indication that people (investors) are cashing in? I feel that the rents need to go up significantly for many people to...
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    Perth - madness.

    Have you been noticing a lot more listing coming on the market in your areas? I have been getting more email alerts lately, while it was very quite few months ago.
  6. T

    Perth - madness.

    What is your opinion about the large percentage (almost 50%) of property are purchased by investors in WA? They don't need to keep them ie they can sell as soon as they think the price has peaked. Unlike PPOR where people will defend till their last breath so to speak. I wonder if large number...
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    Perth - madness.

    So for WA property investors. Is it a buy, hold or sell ?
  8. T

    Perth - madness.

    Maybe it's still a good time to buy IPs in Perth since we don't know how long the boom will last. Might be another 5 - 10 years. I only have 1 IP and I was/am worry that we have peaked (in the last 3 years) but it is still going strong. What will be the max. risk, 10% down from the peak...
  9. T

    Perth - madness.

    Muney, 40% increase in 3 months. Are you sure???
  10. T

    Perth - madness.

    Where can we get the info on average income in Perth? If the Saturday West prediction comes true, median price in Perth will be over $1 mill in 2015! Unless the whole of Australia goes up as much there is no reason why people will not move to other states for cheaper housing, like what is...
  11. T

    Perth - madness.

    Hi Ausprop, I read the article on the West today. Someone with a crystal ball is saying that a $295k house in Balga will worth 1 million in 2105 (approx 15%/annum). I wonder how much the rent will be in Perth in 2015, will it be $600-700/week in Balga? Are we going to have huge inflation...
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