From: Duanne Ginger
Hi all,
There are some new developments in Perth that sound (to my uneducated ears)like good opportunities for purchasing investment property, I would appreciate your wise comments on my observations.
MIDLAND. There is to be a re-development of the old train yards and surrounding areas. Midland has already begun to grow on this news. Will the 50 million $ (or so I heard) upgrade of the area make it appealing to home-owners and renters or is it just too far from the city to make a difference? Is is worth buying a unit off the plan in this area or not?
SOUTHERN RAIL LINK. The Perth to Mandurah line is finally beginning to be built. What suburbs will benefit from this new development? Will it mean greater housing density (units/townhouses/etc) or will it mean greater land values of existing properties?
OTHER? What other opportunities appear sound in your eyes in the Perth area?
New to IP's so please excuse my lack of knowledge......
Hi all,
There are some new developments in Perth that sound (to my uneducated ears)like good opportunities for purchasing investment property, I would appreciate your wise comments on my observations.
MIDLAND. There is to be a re-development of the old train yards and surrounding areas. Midland has already begun to grow on this news. Will the 50 million $ (or so I heard) upgrade of the area make it appealing to home-owners and renters or is it just too far from the city to make a difference? Is is worth buying a unit off the plan in this area or not?
SOUTHERN RAIL LINK. The Perth to Mandurah line is finally beginning to be built. What suburbs will benefit from this new development? Will it mean greater housing density (units/townhouses/etc) or will it mean greater land values of existing properties?
OTHER? What other opportunities appear sound in your eyes in the Perth area?
New to IP's so please excuse my lack of knowledge......
Last edited by a moderator: