You talking to me? Paid asking price as there were 6 other offers. Near North Road & Old Perth Road.
Anyone else looking in Perth at the moment?
- Thread starter gooram
- Start date
You talking to me? Paid asking price as there were 6 other offers. Near North Road & Old Perth Road.
congrats
Thanks Kim. Best wishes with your purchase.
Yes
thanks for that... 6 other offers..wow, where's this recession? Or some story happy agents out there.
FMG are divesting themselves of some property, maybe more to come
FMG criticised over Pilbara land sales
LandCorp wants FMG boss to sell land back
Part of a cost cutting exercise at the time I believe. The funds allocated to housing were needed elsewhere.
thanks, i just faxed through some more documents to mb and the ball is rolling!
I'm excited
deals like this happen every day.
BOC lends FMG $USD6bil for a marginal interest rate in return for a 35% cut in THEIR price of ore.
it's a one contract deal and i highly doubt BHP or RIO will bow to this because they are in a better financial position.
it's what happens when Aussie Banks won't fund Aussie Companies.
BOC lends FMG $USD6bil for a marginal interest rate in return for a 35% cut in THEIR price of ore.
it's a one contract deal and i highly doubt BHP or RIO will bow to this because they are in a better financial position.
it's what happens when Aussie Banks won't fund Aussie Companies.
Anyone got any idea who or what organisation is behind this ?
The ads in the paper and on the tv give no indication.
It doesn't seem to be politically motivated, so I assumed it was our local chamber of commerce or something similar.
A great campaign, none the less. A bit of confidence in our economy will go a long way to keep consumers spending and money flowing.
Just a pity Big Kev isn't still around to sell it.
I'm Excited
The ads in the paper and on the tv give no indication.
It doesn't seem to be politically motivated, so I assumed it was our local chamber of commerce or something similar.
A great campaign, none the less. A bit of confidence in our economy will go a long way to keep consumers spending and money flowing.
Just a pity Big Kev isn't still around to sell it.
I'm ExcitedIts the newspapers, TV station and radio stations all getting together to spruik Perth. I think it's a terrible idea - when the media tries to make the news rather than just report the news its a slippery slope...
http://www.campaignbrief.com/wa/2009/08/vote-now-for-confidence.html
Purely trying to arrest the slide in their advertising revenue...
Just keeping the Perth topic going, I love reading the opinions of the locals on the forum here. I'm hoping to buy IP#1 in Perth in the next 6-12 months…
Am thinking of $350-$450K 1 or 2 bedder within 5km of city, prob unit in a small block, maybe small villa, low strata fees… hopefully not too old (for depreciation).
At this point I prefer established suburbs because this will be our first IP and we need to build soome confidence. I'd like to stick to what we know and I know the 5km city radius pretty well and want to manage the property myself… I'm not expecting stellar yields but hope that we wouldnt be far off CF+ with some depreciation help.
Thinking Como, South Perth, Vic Pk, Mount Lawley, West Perth, North Perth, Leederville, Wembley
Thoughts? Preferences?
All opinions valued
Am thinking of $350-$450K 1 or 2 bedder within 5km of city, prob unit in a small block, maybe small villa, low strata fees… hopefully not too old (for depreciation).
At this point I prefer established suburbs because this will be our first IP and we need to build soome confidence. I'd like to stick to what we know and I know the 5km city radius pretty well and want to manage the property myself… I'm not expecting stellar yields but hope that we wouldnt be far off CF+ with some depreciation help.
Thinking Como, South Perth, Vic Pk, Mount Lawley, West Perth, North Perth, Leederville, Wembley
Thoughts? Preferences?
All opinions valued
i'd pick West Perth for some serious growth - if you don't mind having a negligible land component.
Just keeping the Perth topic going, I love reading the opinions of the locals on the forum here. I'm hoping to buy IP#1 in Perth in the next 6-12 months…
Am thinking of $350-$450K 1 or 2 bedder within 5km of city, prob unit in a small block, maybe small villa, low strata fees… hopefully not too old (for depreciation).
At this point I prefer established suburbs because this will be our first IP and we need to build soome confidence. I'd like to stick to what we know and I know the 5km city radius pretty well and want to manage the property myself… I'm not expecting stellar yields but hope that we wouldnt be far off CF+ with some depreciation help.
Thinking Como, South Perth, Vic Pk, Mount Lawley, West Perth, North Perth, Leederville, Wembley
Thoughts? Preferences?
All opinions valued
I have to confess my bias, I live in East Perth, and even the same block as this one, probably not for much longer, but if you can negotiate a good price on this, you would be close to CF+.
http://www.aussiehome.com.au/property.aspx?pid=191535
It's a two bed + study, 2 bath, 2 storey apartment. We bought ours in march this year for 440k. I expect it would rent for 450+. Great area, it's in a group of about 60 with a pool, strata fees are relatively low.
It's the worst block in the best street in Perth! Surrounding props are all million dollars+ Again, completely objective here
$2036 a year in strata fees is LOW?????
I'm not paying for pools, or gyms or anything similar in nature
I know East Perth has some of the best yields but its unitland as far as I can see, and units being such a commodity i'm not sure about the capital growth prospects vs other areas.
Yes, have read a few comments about West Perth and growth - care to elaborate? Its not exactly a hidden secret... but high on my list
Cheers, Sam
I know East Perth has some of the best yields but its unitland as far as I can see, and units being such a commodity i'm not sure about the capital growth prospects vs other areas.
Yes, have read a few comments about West Perth and growth - care to elaborate? Its not exactly a hidden secret... but high on my list
Cheers, Sam
I'm not paying for pools, or gyms or anything similar in nature
I know East Perth has some of the best yields but its unitland as far as I can see, and units being such a commodity i'm not sure about the capital growth prospects vs other areas.
Yes, have read a few comments about West Perth and growth - care to elaborate? Its not exactly a hidden secret... but high on my list
Cheers, Sam
Fair enough, I would rather live here than invest here for sure. However will definately be keeping this little gold nugget when we move on to something bigger. It's been a star performer and will attract a premium rent.
I think if you stay north of the trots and wellington st and don't get down into Adelaide Tce or Hay St, East Perth is not Unitland at all. There are some very high quality units, but it is also alot of very expensive housing and townhouses. It's quite a unique area in my opinion, there's nothing quite like it in Perth. This is what I think will drive growth in the area.
Something else to consider is the Riverside development being done down by the causeway at the end of Hay st.
Is that West Perth West Perth, or West Perth the bit on the other side of the freeway up to Leederville etc?
... if you know what i mean
