Yes, the backside has fallen out of the Perth market, prices are so low, etc etc... ... but you know what? Now is a great time to look at setting up for your next PPoR. Husband and I have been in discussion for a while now, about our home. We currently live in a 4x2 in Gwelup (near Karrinyup). I work in the CBD, husband is SoR for work, and our properties are primarily in Balcatta and Glendalough. The current house isn't ideally set up for us, although it has some good points about it. One of the key issues is that the laundry is tiny, and there isn't a door to close it off from the rest of the house. This seems minor, until you consider that our seven properties are completely self contained - so every time tenants move out, I have piles of linen to be washed and ironed. So, we are tentatively looking around the Wembley/Floreat and similar areas, for an older house on a not-too-small block (min size 400m2) which we can rent out for a few years while we refine our house plans, then bulldoze and build on. Anybody else doing the same - looking around for their own PPoR? How are you finding the market generally? The properties we've seen so far seem to be pretty reasonably priced, for what they are - certainly they have moderated over the last couple of years.