WA Post a Bargain - Perth 2018

Discussion in 'Where to Buy' started by Spiderman, 2nd Jan, 2018.

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  1. Spiderman

    Spiderman Well-Known Member

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    Last edited by a moderator: 3rd Jan, 2019
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  2. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    That's an ouchie!
    Geraldton has really suffered real estate-wise in the past few years.
    There has been 2 other sales in the complex after that sale this year for $63k and $74k.
    The property did sell in 1 day according to rpdata so there might have been a reason for the very keen pricing.
    Around 2005/2007 units in this complex where getting 150-190k so if you compare the $50k in 1991 to the possibility of achieving $180k in 2006 then it's not a terrible investment. It's the market crash since then which has most of the pain in it.
    Interestingly there was no sales in the complex from 2010 to 2017 which is rare in such a large complex
     
  3. MTR

    MTR Material Girl Premium Member

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    These will be completed in July.
    My g/friends project, every apartment has some sort of view. The higher levels are specular in your face views. The floor plans are great, and the balcony sizes are awesome.

    Some buyers got some great deals here, she has sold just over 50%. I think the others will fly out the door on completion. She said its been difficult in current environment different to sell OTP

    Her background, an interior designer, the finishes are also brilliant.

    I am actually thinking of buying one myself.

    181 Walcott street Mount Lawley WA 6050 - Apartment for Sale #126134378 - realestate.com.au
     
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  4. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    There are great views from Walcott agreed. Is this the same GF that is doing Barlee?
    How much are they on the market for?

    There are only 2 floorplans on the listing for me to check out :(.

    I love this one

    [​IMG]
    I don't like this one - the living area is cramped and then there is this awkward extra area in the kitchen that seems wasted

    [​IMG]
     
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  5. sash

    sash Well-Known Member

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    My parents lived in Bateman (near Murdoch and Bullcreek) from 1986 to 1998...they also owned a house in Bullcreek.

    They both were in the RHS zone...my brother went there.
     
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  6. MTR

    MTR Material Girl Premium Member

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    Yes, saw this yesterday as well, its pretty bloody awesome, city views as well, but not as spectacular views as Walcott.
    These designs for Barlee and quality are amazing too. One is sold to down sizer... hint hint... person who sold on First Ave auction recently would you believe.

    The other was under offer but had to pull out due to personal stuff. I think it should sell on completion due to the quality and not much of this product around.

    She just purchased another 2, one in Subi doing the same as Barlee and the other I think in Mt Lawley?

    Seems like a pretty good strategy, as long as you can source the land at the right price. Also she is saving a fortunate top quality stuff from China, Italian tiles at a fraction of the cost as well as windows, hardware, frameless glass stairs all from China. We are talking around 70% in savings.

    You should into China etc... perhaps you have??? this I reckon it could really work well for you.



    MTR:)
     
    Last edited: 7th Jan, 2018
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  7. janglesey

    janglesey New Member

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    Beautiful!
     
  8. MTR

    MTR Material Girl Premium Member

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  9. Tommy Batch

    Tommy Batch Well-Known Member

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  10. MTR

    MTR Material Girl Premium Member

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    My g/friend purchased this, going to split the block in the middle and 2 build luxury/high end homes
     
  11. Westminster

    Westminster Tigress at Tiger Developments Business Member

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    Ah so she's who bought it. Will be a nice addition to the street. I hope she can do something nice like Barlee even though the zoning isn't as high.
     
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  12. MTR

    MTR Material Girl Premium Member

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    Yes good location, deep block

    Only works cos all product coming from China
     
  13. doubletoplei

    doubletoplei Well-Known Member

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    Any new bargains guys? still learning from your posts! Many thanks!
     
  14. Perthguy

    Perthguy Well-Known Member

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    I haven't been looking. No time.
     
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  15. MTR

    MTR Material Girl Premium Member

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  16. Perthguy

    Perthguy Well-Known Member

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  17. Phill74

    Phill74 Active Member

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  18. MTR

    MTR Material Girl Premium Member

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    Right, perhaps views??
     
  19. Damo93

    Damo93 Well-Known Member

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  20. Ross Forrester

    Ross Forrester Well-Known Member Business Member

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    I actually think that has legs. Compare the cost of building on that and the area you get to buying an off the plan apartment.

    You could get a 3 x 2 going and it would work for a downsizer who wants to upgrade.
     
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