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I went through a home open in Alkimos (on the east side of mamion) 3 weeks ago to look at a house very similar to what I am building in Eglington and Alkimos Beach on simlar size block. This house is now under offer for around $420k. Based on the premium for the my properties being on the...

Sanj, A number of small houses in Shorehaven, Alkimos (on the east side of marmion) have just rented for between 475 and $480 a week. I am being conservative as my property will be 5km closer to railway station and on the coastal side of marmion, which has and always will have a premium. Also...

The house and land packages on the real estate sites are very deceiving. There can be a number of builders having packages on the same block. Plus even though the block may have been sold by the developer weeks or even months ago they do not remove it from the website. With the land at...

Disagree. If you buy the land yourself and then get a builder there is a big upside. That's why I had to go in a ballot to buy land at Alkimos Beach that has titles in May. The ballot was required because over 400 people had applied for the 33 blocks available. Looking to buy some more land...

Sanj, I agree with you but think the general public, who do not have such an interest in property as some of us are still not aware of what is happening out there. It will be when the penny drops with them that things will really start to move.

14,188 listings in same week last year. There has to be major price movements soon. If the reserve bank puts down cash rates again in March there will be a stampede. As someone else said the cash rate setting will be totally out of kilter with the Perth market. The stars are all aligning. It's...

What about the sales! last week 1167 4 weeks ago 690 Same week last year 662 We will have below 9,000 properties listed for sale by this time next week!:).

Yes titles are not until May 2013 so probably be early 2014 all going well.

Re Alkimos Beach, I managed to get the block I wanted. I was number 8 in the ballot. Lot is 240 square metres. Cost $137,750.00. Very happy :):). Can build on 75% of block, so 180 square metre house which is a good size for the market looking to rent/buy such properties. House will be about...

It's not that simple, as the cost per square metre goes up as the block gets smaller. What I look at is what the total land and build cost would be (including stamp duty, interest payments, finishing costs etc.). Then look at what the expected value of the property would be when fiinished. If...

Personal opinion is due to the block prices you would not gain any equity on completion of a build. However as Aaron says it may come in to it's own in 5 years so long term growth prospects are good.

Blocks from $138k for 240sqm. Good value considering it is the beach side of Mamion Drive. I estimate increased equity of between 90-120k when finished. However would probably be a keeper as rental yield is around 7%. These are not pie in the sky figures as I am already doing the same in...

An example of the pent up demand is the first release of the Alkimos Beach subdivision tomorrow (Lend Leases first residential subdivisionin WA). There are 33 lots for sale and they had over 400 people register to purchase the lots through a ballot system. I'm in the ballot as I can see a great...

But not so good if you paid $35 a year ago. So would you expect further growth in the silver price in the next few years?. I'm interested as have friend who has invested all his savings in to silver. From my limited research it seemed a very speculative investment. Maybe I am missing something...

My bet is on Perth property. Silver is the most speculative investment you could make. Isn't silver down about 20% on it's price from this time last year.

It's a matter of getting in a position to ride the next Perth wave to the max. It makes me laugh when respected commentators like Margaret Lomas think Perth is a few years away from more growth because yields are too low. She obviously does not spend a lot of time in WA anymore to know what is...