Worked fine for me, cheers.
Perth property listings - under 9,000
- Thread starter Ausprop
- Start date
Worked fine for me, cheers.
Agreed...if it is the same one I'm thinking of.
No access allowed from Woodhouse Road.
Only conditional subdivision approval granted at this stage.
Water table close to surface.
Peat and possible acid sulphate issues.
Access not wide enough past existing dwelling from Kirkham Hill Tce to enable for it to be developed to its full potential density.
Difficult orientation for solar passive/energy efficient design...
the list goes on...
obviously the reason the asking price is only $1mil.
...or, I could be talking about the wrong site!
Boods
Agreed...if it is the same one I'm thinking of.
No access allowed from Woodhouse Road.
Only conditional subdivision approval granted at this stage.
Water table close to surface.
Peat and possible acid sulphate issues.
Access not wide enough past existing dwelling from Kirkham Hill Tce to enable for it to be developed to its full potential density.
Difficult orientation for solar passive/energy efficient design...
the list goes on...
obviously the reason the asking price is only $1mil.
...or, I could be talking about the wrong site!
Boods
Definitely the same site.
You forgot to mention the fact that subdivision being undertaken by a council of owners who have never done it before
Leads to the question why this lot has 6 strata properties on the lot already and not more, why wasn't the entire lot developed at the time of the first six?
Might be some issues someone's not letting slip.
drove past the main street on the way home and two more got the sticker sold on the board this week. the 2-storey house is the only one in the market on the main street for sale now.
They all need a roof over their heads - either a PPOR or a rental. Low rates coupled with 1500 coming into the state each week the competition becomes more intense to secure a place ahead of someone else. This drives the sales & rental markets. Some people want own a property and some people never want to own a property, electing to always rent. As weekly rents increase there comes a time where its cheaper to pay a mortgage than rent. People bail out of the rental market and then put upward pressure on the sales markets.
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Wow - I'd hate to see what an "exciting" finance deal looks like...
Good news Jake! It will be a relief for you to be out of house hunting for awhile. Next stop - IP!!
I'm quite happy to not be contending with the rest of Perth for the diminishing stock.
Next stop will be getting my LVR somewhere better than 105%. Then IP2.
I'd say you'll be benefitting from some capital growth thanks to the rising prices so that LVR can get to a less astronomical height
Kudos to Rolf for making the $$$ happen.
Hi Jake
How do you think the capital growth will go in Clarkson and immediate surrounds (merriwa/ridgewood) over the next few years?
I was looking at past sale records today for some places in merriwa and clarkson and was surprised to see that many who bought around 2006 - 2008 are now selling for prices slightly below or just equal to what they paid then.
Perhaps they bought in a boom? Or just that the area is good for rental but maybe flatter in cap growth.
I live nearby, since a couple years back, just curious.
All the best
Ta
northern suburbs has had stagnant/mildly negative activity since 2008, in general.
I don't know anything about anything but
It's been flat for so long it must be due for some growth.
Not really a factor for me in this case as its PPOR, any growth wil just mean I don't have to pay my way to a better LVR.
