Well for one thing thats your opinion in regards to what prices will do

If I buy a house now with Key Start for $350 000 my repayments will only be $360 a week. If I rent I will be paying the same amount.

Why rent when I can buy a house paying the same amount?       

Once I move out after 6 weeks I will rent the house out and it will cover 85%+ of my mortgage

Well with the house on the land at the moment the most I can sub divide is 600/300 while keeping the old house there

My mum was going to buy the house and land then subdivide it into 600/300 and then let me buy the house and she would keep the 300sqm land. When I am ready I would knock the house down and then re subdivide the land into 450/450.

Buying house and land means I am eligible for the 30% government shared equity whcih I would use to buy the house and land off my mum which she would give me for a good price (as if it was a house on 450sqm of land, not the 650). I am receiving a lump sum of money in 2 years time and I will use that to buy the 30% equity that the government owns.

Hope that makes sense

Spearwood is a bit to far south for me

Hilton and especialy Hamilton Hill are now knocking down the Homeswest Homes and building up. Thats the only reason why they are dodgy. The amount of Homes West homes and the people they attract. Less homes west homes means less dodgy people.

There proximity to the beach and Freo along with old homes being knocked down and new ones being built mean the price will rise substantialy in the near future