Hi there,
I live near Mt Hawthorn and I believe it is a gem of an area.
Close to Perth, great transport, village atmosphere, it just keeps getting better. Its surrounded by upmarket areas such as Leederville, Subi – what not to like?? Some pockets have great city views. (I sound like a real estate agent)[blink]

Older homes, median price around…[Read more]

Hi Wayne, from what I have read lately by various ‘experts’ it is not likely.

Also, it has been well documented that there is going to be alot more land released this year which will most likely stablise land prices.

Areas which are now being recommended are: Como, Kenningston, Mt Lawley, South Perth, Applecross, Nedlands the older areas which…[Read more]

Hi Calvin

email address: http://www.hegney.com.au

Phone: 9489 9489 this is their Subi office. They also have regional offices.

I actually phoned requesting copy of the newsletter which can also be emailed direct. As stated this is free.

Apparently there is a report they recently published – may be about $40.00 it provides an overview on areas which…[Read more]

Hi Derek,

thanks for the rental info.

Rents are not attractive anywhere at present. I agree, I think Merriwa will only keep going up in value and still very reasonable prices.

Cheers, Marisa

Hi Wayne, I can give you a couple of ideas.

Firstly, you could contact the developers direct and ask for sale stats on each subdivision and dates sold, though this may not be the best way to go.

I personally would contact Hegney Property Group, they circulate free monthly newsletters and have been spot on with the WA real estate market over the…[Read more]

waynel2
Great to hear you are doing so well. I also think Merriwa has got great potential, very affordable for coastal area, however from what I have heard you need to get into the right pocket of Merriwa, I think Seagrove was mentioned??

The new release of land at $150,000 is a bonus. Great

Can you give me some information on rents in area and…[Read more]

Hi jayzac
I have not specifically looked at Canning Vale, I was researching coastal suburbs. Generally looking at around 200 sq mtre H&L packages. Unfortunately builders did not provide all the items you stated, standard was generally aircond, window treatments, floor coverings, basic landscaping.

Just had a quick look on the net for land prices…[Read more]

Good to hear that you have done well.

Though I would be causious jumping into Land & House packages now as they are not at all attractive in current climate regardless of the area. Land is too expensive.

There is more value at present in purchasing established homes, unless land was obtained at bargin price.
Builders are taking way too long (12…[Read more]

wall ave,
people are given this information on a continuous basis, just refer back to posts.

I believe the issue is really about people acting or more to point not acting on the information.

WHAT SECRET??? this information is everywhere, pick up your local paper, real estate mags etc. it AINT TOO HARD, I find it frustrating.

But thinking…[Read more]

hi there
just reading the employment column of the West is enough.

There are columns of mining companies and consulting companies advertising for mining related jobs. I recall a time where engineers were going overseas for employment – now we are screaming for them.

May be of interest – as these areas still provide positive (at least last time I researched).

WA
Northam
Merredin
Karratha
Pt Hedland
Kalgoorlie
Katanning
Narrogin

Hi Calvin@34

Unfortunely only provided TOP 3 towns.

However some interesting and positive info on redevelopment of Pt Hedland and South Hedland and various projects in the pipeline –

One mentioned was a new residential development at Pretty Pool which will create about 180 new home sites in Sth Hedland. You probably already know about this…[Read more]

for anyone interested, these stats for Pilbara region were in paper recently:

Top 3 Pilbara Towns

Capital Growth
over 5 years
Newman – 12.6%

Karratha/Dampier – 7.9%

Capital Growth – 12 months
Newman – 42.1%
Onslow – 10.0%
Karratha/Dampier – 5.8%

Thanks for all the replies,
Just thought I would let you all know that after some negotiating with tenant I have now raised the rent from $170 to $185 which is market price. I have someone who maintains pool each month.

thanks jsandso, can you PM me with the details of the company you use. My Prop Mgr advised it would cost around $350.

Hi Zen, I would also be concerned of oversupply, especially West Perth. Check the stats – downward trend at present.

APARTMENTS WHICH ARE MANAGED AND RENTAL GUARANTEES – Its all hype and spin, stay away from these.

Singleton is great as many have previously mentioned on this forum. However if you are purchasing House and Land packages you are…[Read more]

Hi there, I have researched area for a while now:

The only advice I can offer is stick to pockets which are desirable, such as – Port Kennedy, St Claire, St Michele, Pt Kennedy Park.

Old Warnbro – get as close to beach as possible

Anchorage is very well located, but pricey.

Rents are poor, for example, $250,000 4×2 depending on age, size and…[Read more]

Derek and Terry thanks for your help.
Cheers, Marisa

All this spin and confusion,
Derek has given the key just follow the thread.

Hi Sandyman
I also have 1 regional property in WA, which is positive and negatives in Perth.
I agree with suzieq – spread the risk.

Another point, who will manage your property, is there a PM available? If not, this could be a problem.