Is it worth to buy in Perth HILLS

Guys

I am so dumb in property knowledge . My wife is recommending to buy a family house at Perth Hills such as Kalamunda or Gooseberry Hills.

Mer have four kids and we want to have a family house .

Please recommend if Hills is good idea to live and buy a property.

I saw some properties are half million and some are above 1 mill plus even with same number of bedrooms and total land area .

I don’t know what to buy . My budget is around 1 million.

I am also confused why luxury property market is going like hot cakes. Is it good time to buy or should we wait.

Thanks in advance
God bless you

 

Your post is extremely broad. What is your goal?

My broad opinion in response to this is if it is a family home and you wish to live in it for the long term it doesn’t matter where or what you buy as long as it suits you and your family’s needs. You just need to look at serviceability and to decide if that is comfortable for your situation taking into account any potential for unforeseen expenses/circumstances which may affect your financial position.

 

I

 

Yes it is family house

Yes family house

 

This forum is predominantly related to property investment and associated considerations. Your question relates to something that is personal to you, driven mainly by emotion and the needs and wants for your family, not to make money. This isn't really something that anyone can answer except you and your family. Things to consider, however, would be the schools in the area, local amenities that are important to you (sports facilities, recreational options, cafes/restaurants, medical - these can vary greatly from family to family) and access to work depending where that is.

You should spend some time in the different areas and decide for yourself. This could involve renting for a while to see whether you actually like living in the area as doing a few day trips might not expose certain elementary living aspects that could be found over time.

Hope that helps.

- Andrew

 

4 kids. "Hills" for the win imho

 

Happy wife, happy life

The hills are beautiful - if I couldn't live by the beach, I'd be in the hills for sure.

 

As mentioned above, this is far to personal of a question to ask advise on.

One thing I will say though is if you haven't lived in the hills previously, I would rent there first. There are many things you may experience in the hills which wont even rate a mention in Hillarys/Doubleview, for example bushfires and never-ending insects

Good luck.

 

Buy an awesome investment grade property with 1000m2 land and at least triplex potential as close to the city as possible.

Rent out a nice house in the hills. Re-evaluate in 5 years and be glad that you made a great decision.

Drive around estates around South Guildford and Helena Valley, people paying way too much money for something just ordinary. When I questioned the Agent about the price points. He says that many from the Hills find it a sweet spot between the city and the Hills they love.

1 million will get you great stock in places in Mt. Lawley, Vic Park etc.

 

Thanks

 

T

thanks

 

Thanks for the answer. Your answer is the best so far. May be you can guide me more . TIA

 

Step 1. Start by following the conversation in these two threads

Perth market 2019 [WA]
Post a Bargain - Perth 2019 [WA]

Step 2. Figure out what it is that you want from property investment

Step 3. Attend lots and lots of home opens

Step 4. Buy something with great potential and live happily ever after

 

Not doing too bad for someone with a $million bucks to spend on a home. You might have to give me some advice...