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WA What is the Bogan capital of Perth ?

Discussion in 'Where to Buy' started by See Change, 26th Sep, 2015.

  1. See Change

    See Change Timing Lord Premium Member

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    Never got around to buying in Perth , but was interested to note that Mandurah is in the seat of canning , site of last weeks by election . An ABC journalist was interviewing people at the train station and reported that none of the comments about tony Abbott could go to air .

    Made me start thinking . Is Mandurah the equivalent on Mt Druitt , Elizabeth , Logan etc ?

    If not , were is ?

    Is there a Frankston / deception bay - Boganville on the beach . Parts on the northern beaches used to be bogan , but changed a while ago .

    Too early to buy there yet . Perthshire just starting to fall off the cliff , but not too early to do some dd .

    Cliff
     
    Last edited: 26th Sep, 2015
  2. bob shovel

    bob shovel Well-Known Member

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    Haha following :)
    This thread could be border line reported, tread carefully

    I think Mandurah is where the east coast retirees go

    Haha that probably covered a large portion of Australia
     
  3. Bran

    Bran Well-Known Member

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    The CBD is pretty damn bogan. Does it get worse from there?
     
  4. MTR

    MTR Well-Known Member Premium Member

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    Funny thing about Mandurah is its a real mixed bag, there are pockets that are the play ground for the wealthy, with million dollar homes and luxury boats to match..... and then there is the trashy side, but they get to meet each other at Mandurah Forum, how delightful. :)


    Back to Perth, we reported our first deficit last week, rents falling, prices still falling. Is the timing right? I still think we have more pain ahead unfortunately, or fortunately for you

    MTR
     
  5. See Change

    See Change Timing Lord Premium Member

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    So MTR

    Which are the suburbs to avoid , houssing commission etc . Any close to the water ?

    I was tempted to mention one suburb , but I won't go there on this thread :rolleyes:

    Btw , I know the timings not right , but I wouldn't be asking of it was ....

    Cliff
     
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  6. MTR

    MTR Well-Known Member Premium Member

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    I really have not looked at Mandurah lately, I know sash built in Lakelands and returns are very good.

    I would personally stay away from cheaper end due to clients it attracts. I like old Halls Head, established and I like this pocket.

    I know some investors are picking up cheap deve sites close to Mandurah centre, but these would be more of a longer term proposition and yields would be low.

    MTR:)
     
  7. bob shovel

    bob shovel Well-Known Member

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    The pc community is ahead of the average property investor but there is a third faction further ahead than the majority. you need to be able to read what ISN'T written ;)...
    It's my pc fan appreciation day, giving some free virtual hugs to a selected few

    Plus do your own research of course but that's boring
     
  8. Jess Peletier

    Jess Peletier Mortgage Broker - Australia Wide Business Member

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    I live in Mandurah and it does have a Bogan element - it is a real mixed bag. Greenfields particularly is known for its bogans.
    There's heaps going on down here, the forum if getting a huge upgrade, there's a new shopping Centre coming in Lakelands too.
     
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  9. datto

    datto Well-Known Member

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    When I was in Perth in 2010 I had trouble getting out of the airport due to security giving me the "once over".

    Once out, I didn't notice any bogans in Fremantle. Even the fish n chip shop there on the beach was too up market for me.

    Perth looked too clean. Northbridge was clear. King Park, well, apart from the couple making love for 26 minutes in the scrub, it was pretty decent as well lol.

    I just can't picture any bogan area in Perth.
     
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  10. JohnPropChat

    JohnPropChat Well-Known Member

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    When the market is falling, Mandurah and surroundings get hammered before the rest of Perth.

    Dev sites with R60 and higher zoning have always been there but development is snail pace except on river front. It really is a mixed big. $2mil canal homes and few streets down you can pick up a 700m2 R60 block for < $350k. Just two years ago, there were 350m2 blocks that backed on to the canal with a private jetty sold for $300k to 350k.
     
  11. RetireRich101

    RetireRich101 Well-Known Member

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    Are there any way we can try to Increase the yield in holding some of the sub 300k dev lots? are there demand to rent out studios or cut up a large house to increase yield to about 6%
     
  12. See Change

    See Change Timing Lord Premium Member

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    It is written , but it's usually written in PM's between long term members who know each other ......

    Cliff
     
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  13. bob shovel

    bob shovel Well-Known Member

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    Question:): did you buy in Logan area (or direct bordering council areas)? Yes /no /maybe
     
  14. DaveM

    DaveM Adelaide Buyers Agent & KFC Strategist Business Member

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    Forrestfield was pretty bad till DT left, now its fine
     
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  15. D.T.

    D.T. Adelaide Property Manager Business Member

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    I'd say kwinana area (orelia, parmelia etc) is the biggest concentration in Perth , Seech. Others are spot suburbs like lockridge / balga in the north and gosnells / maddington in the south.
     
  16. Ben Chifley

    Ben Chifley Well-Known Member

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    Koondoola Girrawheen Balga (KGB)?
     
  17. rhinsor

    rhinsor Well-Known Member

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    Not anymore, a lot of mixed groups in these areas.

    Ellenbrook & Baldivis have a lot of first home owner bogans.
     
  18. See Change

    See Change Timing Lord Premium Member

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    I've bought seven properties in Logan .

    Cliff
     
  19. bob shovel

    bob shovel Well-Known Member

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    :eek: Holy moley fml.
     
  20. HUGH72

    HUGH72 Well-Known Member

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    Thats definitely high conviction investing.