The properties I've been watching have gone up about 20% in past 6-9 months. I guess they've reached their price point where there won't be much growth for a while. (6 - 12 months) But who really knows if they won't start to go backwards. Almost every property I've seen sold I see again in the "for rent" section soon afterwards.
Anyone else looking in Perth at the moment?
- Thread starter gooram
- Start date
So are you talking about duplexes and units? Do you think investors are buying them?
Reeco - I looked into those areas a bit a few years ago but I couldn't see much potential. What do you think the area has going for it? I don't know the area that well though and rarely go there. I had a friend that lived in Gosnells and Thornlie so I've visited a few times but that's about it.
Personally i think its a dive. From cannington on to kelmscott, albany highway is such blight on perth. My only motivation is public transport and the hubs around the lines. Of course things will change... but until then, the areas around the train line and low entry cost(not always a plus) are the only motivations.
I bought two properties last year, one in feb and one in december (settled in dec, contract in october) Prop bought in Feb to live in, has seen a 15% increase since then, based on similar apts sold in the building recently.
Prop bought in october wouldn't have seen much growth since then but time on the market in the area has decreased for sure. So it seems priced correctly, next move will be prices if demand keeps up. This property rented straight away for above what we were asking.
Similarly another property rented this year was just rented at above asking price.
All good signs from where I'm sitting.
Prop bought in october wouldn't have seen much growth since then but time on the market in the area has decreased for sure. So it seems priced correctly, next move will be prices if demand keeps up. This property rented straight away for above what we were asking.
Similarly another property rented this year was just rented at above asking price.
All good signs from where I'm sitting.
i think Kelmscott has real potential - esp near the new town centre.
a lot of my dreams will come true... one day
You don't need to go to an ACDC concert, you're living in the bogan capital of the world!
it's a package... dress is just step 1. followed by general appearance, tats, company kept, language, level of intellect, behaviour, fighting, drug useage.
if it walks like a duck, quacks like a duck...
Soooooo, what were you doing at the AC/DC concert Ausprop?
Wearing a black t-shirt perchance?
Elitism at its best. Classic nose up on that one bud. Whats wrong with bogans? Are you better then them Ausprop? Gotta love it when people look down on others
Elitism at its best. Classic nose up on that one bud. Whats wrong with bogans? Are you better then them Ausprop? Gotta love it when people look down on others
Bogans are fine. however many bogans are losers. Am I better than a loser? I would hope so, else I am a loser. Why would I aspire to be a loser
or arr you saying that by looking down on losers you become a loser? It woud be hard to not be a loser under that scenario
