Where to buy in Perth with $500k budget

Discussion in 'Where to Buy' started by Temporiser, 5th Apr, 2021.

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  1. Temporiser

    Temporiser Member

    Joined:
    13th Feb, 2016
    Posts:
    7
    Location:
    Melbourne
    Looking to buy in greater Perth area.

    I have a $450-$500k budget plus oncosts.

    Looking for +ve cashflow with good capital growth prospects.

    Where is best to buy for my budget.
     
    Temporiser, 5th Apr, 2021
    #1
  2. Westminster

    Westminster Tigress at Tiger Developments Business Member

    Joined:
    3rd Jun, 2015
    Posts:
    11,357
    Location:
    Perth
    That is an extremely tight and fast moving price point at the moment as it is also popular with the First Home Owners

    Try and get something within 15-20km of the city if possible and stay away from the large land estates in the 25km++ range
     
    Westminster, 6th Apr, 2021
    #2
    MTR likes this.
  3. Shogun

    Shogun Well-Known Member

    Joined:
    26th May, 2018
    Posts:
    2,894
    Location:
    Perth
    A quick search.
    Craigie and Heathridge not close to Perth but close to Joondalup (on Perth side)which is a City a centre a (has most things you need ) not too far from beach.

    Rents in Perth area nuts 3x1 in fair condition easy $350 a week
     
    Last edited: 6th Apr, 2021
    Shogun, 6th Apr, 2021
    #3
  4. Citycat88

    Citycat88 Well-Known Member

    Joined:
    18th Jun, 2016
    Posts:
    130
    Location:
    Perth
    You can still afford inner Southern suburbs like Queens Park and Cannington, which are within 12 km of Perth CBD and close to amenities like public transport, the largest shopping centre in WA, Curtin University, Perth Airport, Crown Casino, Optus Stadium, etc. There is also a lot of local employment. I would choose this area over a new estate 30+ km from the CBD.
     
    Citycat88, 6th Apr, 2021
    #4
    sanj likes this.