I has a quick look at Bennett Springs about 2 months ago (17km from Perth), its a winner, everything gets snapped up and prices keep rising, everything under offer, a very good sign. Not sure how much land is left in this area??
Perth property listings - under 9,000
- Thread starter Ausprop
- Start date
I has a quick look at Bennett Springs about 2 months ago (17km from Perth), its a winner, everything gets snapped up and prices keep rising, everything under offer, a very good sign. Not sure how much land is left in this area??
Taxes 40pc of new home cost
There's always this as well, don't hold your breath waiting for reductions here though, or bother arguing GST was to replace some other taxes
Taxes 40pc of new home cost
There's always this as well, don't hold your breath waiting for reductions here though, or bother arguing GST was to replace some other taxes
Taxes 40pc of new home cost
So what is the attraction, why does everything fly out the door in this area, its got me stumped??
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Price, proximity to city and people are attracted to "new". They buy and then say, "I didn't realise they had high voltage power lines across the estate." I visited the park when it was all new to get a feel for area as was thinking of purchasing. Two people said that to me and it does concern them. Have heard other people say it also. I still think the acreage blocks would be OK though.
http://m.perthnow.com.au/business/c...ames-price-point/story-fnhohek5-1226618536271
The irony is the high house prices you people want to maintain is part of the reason wages need to be so high and part of the reason again that these projects are no longer viable
The irony is the high house prices you people want to maintain is part of the reason wages need to be so high and part of the reason again that these projects are no longer viable
but wait! there's more!
http://www.news.com.au/realestate/i...uble-in-10-years/story-fndbarft-1226618600333
http://www.news.com.au/realestate/i...uble-in-10-years/story-fndbarft-1226618600333
and....more!
http://www.news.com.au/business/surprise-leap-in-jobless-numbers/story-e6frfm1i-1226618112902
why anyone would consider investing in this mining towns with their rediculous prices defies belief - its unsustainable.
http://www.news.com.au/business/surprise-leap-in-jobless-numbers/story-e6frfm1i-1226618112902
why anyone would consider investing in this mining towns with their rediculous prices defies belief - its unsustainable.
Lets get back to the topic...... Perth listings and our hot market.
Is it all of Perth thats hot? Or just those areas that are developable zone or possibly changing.
Is there a approx radius that is good? How far are most willing to travel? Is the market down south and east say 40mins from CBD still good?
http://m.perthnow.com.au/business/c...ames-price-point/story-fnhohek5-1226618536271
The irony is the high house prices you people want to maintain is part of the reason wages need to be so high and part of the reason again that these projects are no longer viable
yeh if I hear one more whinge from some unqualified fifo worker on $200k+ a year about the price of a cup of coffee and how cheap the food is in bali I will bash my head against the wall
tho i think your argument has put the cart before the horse.
I think the resource towns would be a safer bet when the economy is turning down but I am not sure what your comment has to do with the link?
unsustainable to who? you on a perth wage? or you on a NW wage DIDO?
That's funny.
I've been told that year in and year out all my time I've been investing up there and yet the sun still shines and red stuff still gets dug out of deep holes.
Every year I've been investing the prices have been ridiculous but now they are even more so.
That's funny.
I've been told that year in and year out all my time I've been investing up there and yet the sun still shines and red stuff still gets dug out of deep holes.
Every year I've been investing the prices have been ridiculous but now they are even more so.
Yes I know ..... you keep rubbing salt into my wounds
Was too chicken to jump in years ago and still am
This weeks stats
Less than 8000!! far out brussel sprout!!
From Reiwa:
Less than 8000!! far out brussel sprout!!
From Reiwa:
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From Reiwa:
Interesting to see Butler top of the north of the river sales last week. I've been told by an owner of a real estate office in the area they cannot get enough stock to sell and prices are up about 10% from where they were 6 months ago. Also rentals have 15 plus groups to each open home so rents are rising fast to.
So right now everyone is wanting to buy and listings are down which makes the market very competitive, does this means its also good to be looking in other areas of australia instead. and is there a typical length of time that these conditions last until it again becomes a buyers market. i wish i had a bigger portfolio right now
So right now everyone is wanting to buy and listings are down which makes the market very competitive, does this means its also good to be looking in other areas of australia instead. and is there a typical length of time that these conditions last until it again becomes a buyers market. i wish i had a bigger portfolio right now
Yup it might be time to look outside but that doesn't mean that there won't be deals still to be found - they just will be harder.
For deve sites the price is frankly quite ridiculous when you do sales pricing based on today's market. Some buyers will be praying that their values go up during construction, some will be holding until its more viable to construct and some will be idiots and not know what they are doing but think it must be a winner as everyone else is doing it.
Crystal ball time. I think the past 12mths has been the beginning of the upturn. Traditionally that would mean beginning of a 7 year cycle but the GFC spun that one around. I'd hope we are looking for an upswing of 3-5 yrs.
