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I have also noticed you toffs near the river seem to be getting a fair few sales but outside the extra premium Dalkieth / Peppy Grove stuff things are going pretty slow in the merely premium Claremont / Neddies / Mozzie Park etc areas.
Mate - I reckon you're a bit out of touch over there living in Balga.
out of interest... 20 years ago i thought m park was up there, it seems ot have fallen off lately. are things changing or has it always been so?
do you think 1000sqm blocks will go up becuase of scarcity factor, or down because they are a pain to look after? I like claremont and subi but block sizes are more the 400-500sqm sort of set up
Is this for a PPOR?
This may have been directed at Dazz but from my POV it's up, up and up. The current fashion for small blocks and new townhouses is one of the most stupid I have ever seen. You can't build a real mansion with a pool and tennis court on 500sqm! Room for the kids to run around will come back into fashion...
Is this for a PPOR?
the "fashion" is an affordability issue, not a trend.
it's not the land that's the issue, it's the cost of building. that's what affects the final sale price more IMO.
Hi BC
I guess I was thinking in context of the western suburbs - eg "Subi Centro" handkerchief townhouses going for the same price as the Floreat family home on 1000sqm just down the road...
To me, that's fashion!
as an expert on subicentro I can comment on this one! the build price of these sorts of homes is way over and above your typical project home. this sort of living is a lifestyle choice - without children it was awesome. i sold my 999sqm of floreat dirt for $480k and spent $660k on subi. the houses are now worth about the same... so the shiny newness has worn off. There is a belief in land over building and the attitude of postage stamp blocks but I think that may be a trend in itself?? but then there is a baby boom and many people my age are now pandering for large blocks.
wierdly tho, subicentro is now being bought by oldies (was originally yuppies). why anyone in their twilight yesrs would want stairs has got me stuffed
I guess I was thinking in context of the western suburbs - eg "Subi Centro" handkerchief townhouses going for the same price as the Floreat family home on 1000sqm just down the road...
To me, that's fashion!
I agree, I think this trend is more a lifestyle choice. People are giving up backyards for amenities. Living in walking distance to shops, pubs, restaurants transport hubs is more appealing than having a lawn to mow.
What is meant by "top end Perth" in this Post?
I take it to mean "golden triangle", i.e. approx city to city beach to cott then back to city, and $1m to $3m to keep things realistic... maybe with a sprinkling of south perth and applecross for good measure.
Blue Card, Hi Equity, whereabouts is "your way"?
Shame there arent more posters on this forum who have knowledge of the markets in these areas...