WA Perth Market 2021

Thanks for the help in explaining the area. Budget is under 1 mil. Think I have found something on the other side of beaufort that met the criteria (dont think I would have come close to finding anything in this budget on the other side)

 

Thats great

 

Thanks and its a splitter - main question is how far I want to go with the build. Thinking mid spec > budget spec

 

That is brilliant
Builders very busy

More than happy to help if you need it

 

Depends what you think those specs detail? But I'd very much doubt I'd be putting anything near budget spec in that area and even mid spec might not be enough.

I have 3 clients builds under construction in Mt Lawley and they are approx $4-450k each.

 

Thanks @MTR and @Westminster

I guess for now focus on settling and getting WAPC to approve the split before getting too much into the build (also got another build that I need to finance over east) so I got a bit of time to play with this one

 

No worries.
For reference the projects are in the "cheap" part of Mt Lawley on 250sqm-ish blocks and are 2 storey. One is a laneway split and the other was a demolish and build 2 side by side.

 

Mind if I ask the size of the dwellings?

Hows the Charles/Cowle st project going. If I was able to would have purchased that haha

 

They are around 250sqm including double garages.

It's certainly a unique site - I was stalking it for so long since the Council decided they were going to sell it. Charles/Cowle has almost finished design and will be submitted for DA this month. It will be 150sqm (it has no garage) and is a 3 bedroom, 3 bathroom design.

 

Nice, Im thinking 170-180m2 but hoping to keep the budget a bit lower (around the 3s) but thats something to worry about when im at that stage

Drove past the site the other day and certainly nothing to look at but im sure you wont realise when its all completed

 

Rising rents and housing shortages threaten Perth to become a “tent city”

Fears Perth in danger of becoming ‘tent city’ due to rising rents and housing shortage

 

What agent would you recommend for managing property in the rivervale area?
Looking for a smaller outfit than the big agencies

 

From your "Sydneynewtoday" article

"According to REIWA, Albany has the lowest residential vacancy rate of 0.5% in Washington State."

Lol, hey Sydney journalists, you know that "WA" thing you see in your newpapers very, very occasionally? No, this one is not in the US, there's actually people living in the western half of the continent, OK?.

 

Unfortunately that 'Sydneynewtoday' site is just an automated Indian News Aggregator written by someone in Bangalore just harvesting the web for articles to generate clicks. Wonder why they even edited it?

 

We are McGowan State...

 

Hi Guys, I am Syd based and will read the 28 pages on weekend of thia thread.

Recently I visited WA (Perth + SW and parts of NW) and fell in love with Busselton - anyone here from the region or invested there????

 

No "Perth market 2021" thread as yet?

 

@doubletoplei

 

I never thought about this till I read these posts

Suprisingly WA (Perth in particular) has a similar (milder version) feeling to USA when it comes to housing (or lack of housing/social issues). Definitely at face value comparative to eastern states

 

Busselton and Dunsborough. Should have bought 2-3 years ago. Cheap as chips and tourism was declining. Not now, and not cheap anymore.