Hi KP,
what a great suggestion, happy to provide the venue, just dont forget the BIG TIP $$$$$$$

I think it may be the same property that sold at auction 3 years ago for $410,000 our friends missed out on this property.

Got me curious now, I am going to check it out on my morning walk tomorrow

What a great location, you must have had some great times.

Our house is on Parmelia Way.

Marisa[biggrin]

Hi all
Thanks for your comments.

I am having a break at Madora Bay at present and just found out that there will be 3 beachfront blocks in Madora Bay sold in January 2006, only 1 will be auctioned. Each block will be 400 sqm2.

Also, I was told some months ago that Gail, Draco RE is the selling agent for this new release in Singleton (Bayshore Estate).

I was looking at this area 12 months ago. Recently paid $149,500 for 601 sqm2 block (settlement – 2 months).

I am still scratching my head trying to work out why the land is so cheap, compared to other areas along this strip.

Cant really see how anyone could go wrong with this area.

Singleton has averaged 13% pa over 15 year period.

I keep hard copy of everything.
Maintain a separate file for each property.

I use MYOB for all property transactions, this is what our accountant uses, and reconcile transactions each month.

Hard copy and disk goes to accountant at end of each financial year.

Hi Julie

I appreciate any tips/help you can provide on Daly.

Do you have any idea on what I may be up for rear landscaping in Daly, the block is 701 sqm2.

I am at least 11 months off landscaping that’s if building remains on schedule.

Cheers, Marisa[biggrin]

Rob
get your hands on yesterday’s West where it provides full summary of the impact of St Andrews.

By 2012 – 2 shopping centres, extension of Marmion Ave, Mitchell and railway line. Approx. 20000 new homes to be built.

by 2030 City centre to be complete, 50,000 plus jobs to be in place, 2 marinas.

Existing town centres of Yanchep and Two Rocks…[Read more]

Rob W
Sounds like you are on a roll.

I would go Balga as it represents better value at present (median price $200,000) as opposed to Westminster ($230,000), lots of developers buying up in Balga and prices will catch up to Westminster eventually.

If budget permits, I would also look at block that is around 800sqm2.

Also, there is a huge demand…[Read more]

Hi Wayne
I see Capricorn have new release coming up in October. Do you have any information on this ie whether titles would be available etc..

Did you happen to read today’s paper, it gave a brief overview on developments/projects in this area. Its got me interested now.

Thanks

Cheers, M

Hi Meilin08

not sure about any other canal developments in Perth Area.

However a block on the canals in Mandurah recently sold for a record $2 million, hard to believe.

If it is your dream to purchase a canal block and you are in a position to purchase now for $400,000 I would say this will be bargain in years to come.

Good luck

Regards, M

HI John
so what would you build on a 395 sqm2 block if double storey not feasible?? I was looking at cheaper cottage blocks currently being sold at Madora Bay.

Sales rep mentioned a standard 4×2 would be fine on this size block, hard to believe this one, even if possible – imagine it would effect resale?
Any thoughts?

Cheers, Marisa

fernfurn,
no need to get too stressed about the Dunsborough market, this is where the rich and not too famous hang out. Values only go up in this area.

In fact if simond11 sells, I would say there is a good chance he wont get back into this market.

Hi KP, check your messages.

Rob W,
Try APG for double storey homes

Cheers, M

Hi there
Why would you take the money and run when you can have the cake and eat it too?

Just look at the BIG picture – how much will Dunsborough be worth in 12 months? $100,000 (-CG tax) is really peanuts considering future potential growth in this area. Conservatively you could be making around 20% pa over the next 2-3 years.

By…[Read more]

Hi LizardKing
you will find that there is consistent evidence that all these inner city areas do well over the long term – regardless of doom, boom cycles

I have noticed recently that Mt Lawley prices are soaring you would need at least $650,000 to purchase a house which needs a reno unless purchasing a unit or on main road or on subdivided…[Read more]

Hi Simon G

Got some interesting stats in the mail today, profile/info on Rockingham

Median House price 2000 – $110,200
Median House price 2005 – $273,000

This is % Growth rate of 148.0%

Good luck.

Regards, M

PS
do a search, there’s lots of info on various areas in Perth including Rockingham

HI Guzzi
got me curious – Green Head, never heard of it!!!

realestate.com has a nice little beachfront shack, magnificant ocean views listed for $460,000, population is only 265….. I can handle that.

Good luck
M

Hi Carlin
Been down this road, tenant moved out 2 weeks ago.
Tenant was in arrears to the tune of $1,700, bond was $600. The tenant had been renting my IP for 3 years, was always paying late etc. My mistake was that I fell for the “down and out story”.

Rather than go via the court system I tried on a number of occasions to negotiate with the…[Read more]

Mei-Lin, where are you building? Did you end up purchasing block in Singleton.

Are you overseas, this makes it a little tricky??

Cheers, M[biggrin]

John, good question. We were going to sell one and hold one. We have now decided to keep both.

The Singleton property will hurt though as rents are around $250 per week. I guess I am banking on continued growth for this area. I estimate a minimum of 10% pa.

I did not even consider GST in the equation.

Where are you developing at…[Read more]