WA Perth Market 2015

That's interesting. When I bought Cloverdale in 2011, it was definitely a buyers market. Since then, some specific sub-markets moved into sellers market territory and back again while the rest of the market stayed flat.

 

Devvy blocks have definitely been on swings and roundabouts.

 

Anyone finding any good deve sites lately?

 

A couple that aren't advertised as such, yes. Found one just this week next to a train station.

 

A few low cost duplex sites are around NOR and SOR. Low cost = total development cost $700-800k

 

Very high risk in the forseeable future though.
Not a lot of people about to sell, or even rent to in the current environment.

 

I can't agree with you. This is about as low risk as you can get.
The most popular market is the under $500k market as it has the greatest market share. Producing affordable housing in areas with good amenities (train stations, shopping centres and schools) - these will be popular for FHOB, renters and investors.

 

Umm yeah nah

Maybe youre just **** at this whole property thing?

 

Um Nah, We'll see.

Only time will tell who is correct.
I like my odds currently.

 

Westy this just cracked me up.... Well played ma'am

 

You know the Perth market is quiet when I don't get in trouble for being cheeky

 

difference between SS and PC

 

"Laugh out loud"

 

It appears from your post, that you have had a great deal of experience being on the receiving end of this method?

 

Also in the current market, the method would need to be revised, as the current environment offers no lubricant, so essentially you would need to "Dry Wall" it which isn't a comfortable situation at all.

 

Rumpleforeskin, your "Dry Wall" comment is the first intelligent thing you have said on this forum since I started reading your dribble. Unfortunately, this is the least intelligent thing I have ever done on this forum (responding to one of your quotes). Just to clarify, what skin (Fore or other) have you got in this game?

Westminster and a host of others that you have conversed with are worth their weight in gold for their willingness to share their experiences and provide advice for us plebs that just want to have a crack. Do you come to any of the Perth meetups? If not you should. You will get a lot more out of this forum by brining a positive attitude and a mindset of helping others. I suppose you think you are, in your own way. Anyways, Good luck on your journey.

 

7 Posts says it all. Nothing further your honor.

 

Quality =/= quantity.

 

"trolls on ignore" is the best medicine.

if a lot of people continue to do it, eventually no one can see their posts.