I was there Australia Day 2014, accompanying some mates from a Sydney fireworks company (Foti) to light up Perth's sky.Obviously you have not been to Perth in the last 2 years. Things have changed dramatically. You have a large choice of places to get a coffee and eat on a public holiday. There is a vibe in the city that was not there previously. Actually reminds me a bit of Sydney, just more relaxed and laid back, and of course sunnier. You should visit us again soon.
Using that link, in the CBD, only 1 is open Sunday, most are closed both Saturday and Sunday, and almost all are closed after 4pm. Only 1 cafe has acceptable opening hours - Gordon St Garage.
To think that 30 years ago the best coffee in nearly all workplace kitchens would have been one of those massive tins of International Roast.people place way too much importance on coffee.
They've dropped 30% already? Good to see. They pretty much doubled in just over a year with no justification for it whatsoever.A bubble is City of Belmont development sites last year. Prices seem to have peaked at over $1,000 per sqm for development sites. This year they have fallen back to just over $700 per sqm.
The doubling in price was due to a number of factors... the City released a new planning scheme that upcoded a lot of land from R20 to R20/40 or R40/60/100. Around the same time, the WAPC released the muti-unit code, which allowed apartments to be built in those new R40 sites. This was at the peak of the FIFO frenzy and due to the proximity of Belmont and Cloverdale to the airport, developers rushed in thinking they could build apartments for the FIFO market. Not many of the apartments are complete but the FIFO market has dropped right off. There are now hundreds of vacant rental properties on the market right now.They've dropped 30% already? Good to see. They pretty much doubled in just over a year with no justification for it whatsoever.
Depends when you bought...Wow, that's got to hurt.
Expect some discounting.four hundred one bedders coming on in the city of belmont over the next 9 months....
those are pre-sale prices, they are expected to be valued lower then completion prices.$390k for for a 2x1 http://www.realestate.com.au/property-unitblock-wa-rivervale-117696511
2 bedroom x 1 bathroom apartment From $395k http://www.realestate.com.au/property-apartment-wa-rivervale-119234219