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There are a few organisations you can contact to retrieve this information. If you want information on each state, you can contact the real estate institutes for each state (eg, Real Estate Institute of Western Australia, Real Estate Institute of Victoria, etc…). I know that REIWA sources their data from the Valuer Generals Office, so you can contact them directly also. Bare in mind that this information does not come for free. You could try the ABS website (www.abs.gov.au) which gives free information, but I don’t think they have detailed info on suburbs as the Real Estate Institutes do. I hope this helps!
Yeah ultimately I would like to do that, but I don’t think I could afford it. I am currently a student at uni, and may start full time work in a couple of months, but my income will only be $31,000 pa if I get the job. The rent on my current property is $200/week, which covers the mortgage payment and a little bit more.
The property I’m considering purchasing is currently rented for $450 and is in a lease until 2010.
I just don’t want to borrow too much as everything is uncertain at the moment. Or am I just being a wimp?
dear aly,
I was also considering investing in the north either in lancelin or cervantes. There is a beautiful coastline there, and the houses are very cheap. I was there 1.5 years ago and checked out the prices. So many ppl are buying property down south, surely ppl will start looking to the north, especially with the developments from Joondalup onwards. However, I’m not sure what the rate of rent is up there. This is only my opinion. What are your thoughts?