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  • Profile photo of czerneyczerney
    Participant
    @czerney
    Join Date: 2004
    Post Count: 3
    May 1, 2015 - 1:54 pm

    Thanks Gents for providing the replies will def seek specific advice.

    Just to clarify my rather longwinded OP:

    Time line:

    Oct 2005 – Buy for $205K
    Oct 2005 until Dec 2014 – Occupied as Primary Place of Residence (Never Rented)
    Dec 2014 – Moved out and into newly built home.
    Jan 2015 – Begin renting at $340/week – Licenced Valuation based on Jan 2015 date is $400K. My personal opinion if I sold based on the current market is probably closer to around $350. Current Loan on property is $266k due to some refinancing occurring around 2010.

    I believe if I sold now there’d be no way I’d achieve a $400k sale despite the licenced valuation coming in at that price.

    Thanks again all.

    Profile photo of czerneyczerney
    Participant
    @czerney
    Join Date: 2004
    Post Count: 3
    January 10, 2006 - 5:55 pm

    I have recently bought in the Midland area – prices have doubled on some residences in the last three years. Midland Gate is due to be finished in about a year – 18 months which will then have cinemas and as has been mentioned, a lot more infrastructure.

    I have noticed (within a 5min walk) a number of vacant blocks which are zoned for 4 units going for around $300k asking price.

    I also happen to work for the Department of Land Information so getting information is kinda…… well, easy :)

    But for those of you who don’t know, you can actually purchase information from the Department of Land Information like.

    Sales data on what has sold in any area. You can get buyer/vendor , sale price, sale date, property land descriptors, zoning, etc etc over the counter. Not sure what the per record price is but you can contact them at http://www.dli.wa.gov.au to find out more.

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