Perth property listings - under 9,000
- Thread starter Ausprop
- Start date
Precinct document - still rated R60 but plot ratio higher
Unfortunately there is no provision for things like this in the Highgate/Mt Lawley new precinct - if I can see where your brain might be going?
How is the rental market in north of the river doing? I have one up coming for rent due to tenant vacating and from what I heard its not looking good for me. May have to adjust rent down a few ten of dollars worth to attract any viewings.
Which suburb and what kind of dwelling etc?
Cheers
Innaloo should be fine. Popular and tightly held.
Listed For Sale
House Units Land Total
6,908 2,252 1,348 10,508
4 weeks ago 10,179
Same week last year 8,725
Listed For Rent 5,331
4 weeks ago 5,141
Same week last year 3,609
Stock still on the rise in both sales and rentals. I wonder how net migration in the state is sitting with the mining slowdown?
House Units Land Total
6,908 2,252 1,348 10,508
4 weeks ago 10,179
Same week last year 8,725
Listed For Rent 5,331
4 weeks ago 5,141
Same week last year 3,609
Stock still on the rise in both sales and rentals. I wonder how net migration in the state is sitting with the mining slowdown?
Did anyone read the article this week in paper regarding developing property.
Basically stating that developments sites are hard to find and prices soaring bla bla bla. However, what I thought interesting is that every man and his dog wants to develop property.
My concern is that people just buying and not looking at the numbers. No profit in the deal, infact perhaps going backwards on completion, how crazy is that.
I was chatting to my surveyor the other day, one of the largest in Perth he mentioned that he could not believe how many people by duds, in other words properties that are not suitable for development.
Anyway, enough rant, I just wish mum and dad investors would stop buying these as they are pushing the prices up, leave them alone if you don't know what you are doing...
Basically stating that developments sites are hard to find and prices soaring bla bla bla. However, what I thought interesting is that every man and his dog wants to develop property.
My concern is that people just buying and not looking at the numbers. No profit in the deal, infact perhaps going backwards on completion, how crazy is that.
I was chatting to my surveyor the other day, one of the largest in Perth he mentioned that he could not believe how many people by duds, in other words properties that are not suitable for development.
Anyway, enough rant, I just wish mum and dad investors would stop buying these as they are pushing the prices up, leave them alone if you don't know what you are doing...
Did anyone read the article this week in paper regarding developing property.
Basically stating that developments sites are hard to find and prices soaring bla bla bla. However, what I thought interesting is that every man and his dog wants to develop property.
My concern is that people just buying and not looking at the numbers. No profit in the deal, infact perhaps going backwards on completion, how crazy is that.
I was chatting to my surveyor the other day, one of the largest in Perth he mentioned that he could not believe how many people by duds, in other words properties that are not suitable for development.
Anyway, enough rant, I just wish mum and dad investors would stop buying these as they are pushing the prices up, leave them alone if you don't know what you are doing...
people buying duds is a good thing, if everybody did their research, the good development sites would be priced even higher
the more people buy duds, the more pickings there will be when the market cools.
Your right, West and your right again, lots of dross, its just the buzz word at the moment. Seems everyone wants to become a developer, don't blame anyone for that but at least make money.
Ii this the same article on PerthNow?
http://www.perthnow.com.au/realesta...s-now-overheated/story-fnhlgriw-1226950607605
really need to be careful with those calcs to make any decent profit these days. time to look in another city next year.
http://www.perthnow.com.au/realesta...s-now-overheated/story-fnhlgriw-1226950607605
really need to be careful with those calcs to make any decent profit these days. time to look in another city next year.
REIWA have not updated their website data.
