Celeste:
Success is 20 mins from Perth
Rockingham is 30 mins on the train and has a population of 115,000 - not all oldies
- it also has the perk of winning Western Australia's best beach award 2x in the last 10 years.
But yes, there is an oversupply of new 4x2's in the area - no doubt about it, as does Mandurah.
<KS>
I was talking about Mandurah when referring to the oldies.
Also, one major point. Yes they could buy for the extra $150.00 but, I doubt they have any type of deposit saved and I doubt most would even be able to get a loan. Most of the ones I saw at home opens were on some sort of social security........
Drive time,,, if you lived in camillo and wanted to go to the city the quickest way is up ranford rd and on to the freeway 15min from camillo to freeway and then 15min to the city..it should be even quicker once they finish widening the road.
Have you ever been on the freeway from rockingham between 8.30 - 9am?
What a nightmare. I live 5min from the freeway in between south and leach and wouldn't even dream of getting in that mess B4 9am.........I always use the leach hwy exit after 3pm as the south st exit which normal is another 5min would take 15-20.......
)
one of the last few areas you can buy between $300k - $ 350k
Nope. In Rockingham you can now buy a small 4x2 within 5k's of the beach and right next door to a train station and shopping centers etc etc for around 300k, but some how they only rent for $280 yet you insist you can charge $350/week for a small 4x1 in Camillio?
I did say one of the last FEW. When I did my research there was only 3-4 areas you could buy under $300k. Rockingham, westfield, brookdale and I can not remember anyothers. Rockingham - these were in areas similiar to Camillo, Brookdale has some sort of stigma regarding waste or something like that. I have a girl friend who lives in Roackingham and works in Real Estate and she went thru all of Rockingham with me, pointing out the good bits and the bad bits and there is only a few places I would buy in for investment and they were not the under $350 areas, until they start to be improved. I did not see anything on the council site suggesting this is anytime soon.
Regardless of how long it actually takes to get anywhere, Mandurah is a long way from Perth and so is Rockingham. If not physically than mentally.
Have a drive up Ranford road and take a look at all the development going on,
suburbia is creeping out there fast. It all seems closer and closer. New housing estates and shopping centres / schools / businesses. Less and Less bush areas.