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Perth property development

Discussion in 'Property Experts' started by Cuffman, 18th Jul, 2016.

  1. Cuffman

    Cuffman New Member

    Joined:
    18th Jul, 2016
    Posts:
    2
    Location:
    Western Australia
    Hello,

    What do you all think of the newly zoned suburbs in the northern corridor i.e. Koondoola girrawheen and Craigie?
    Was thinking of grabbing something in koondoola maybe because it is so cheap and is now zoned for redevelopment.
    Craigie is a much nicer area but a little more pricey.
    Where would you buy to redevelop in a few years time?
     
  2. Westminster

    Westminster Tigress at Tiger Developments Business Member

    Joined:
    13th Jun, 2015
    Posts:
    2,954
    Location:
    Perth
    Koondoola and Girrawheen rose significantly over the last few years on the back of the proposed rezoning and aren't very good value anymore.
    I would consider Hammersley, Warwick, Craigie, Padbury due to them having better growth prospects and nicer areas. But yes they are more expensive.
     
  3. roku2000

    roku2000 Member

    Joined:
    2nd Jul, 2015
    Posts:
    5
    Location:
    Perth
    Hi Cuffman
    What price range are you looking at?
    Is your main intention to buy and add value and sell or buy one with the potential to do so in the future?