[blink]Hi Yarwood. Seems like you have heaps of advice (mostly good). I’ve lived in Perth 15 years and bought & sold and rented til I’ve gone crazy. I’ve made some stupid mistakes with props such as selling at the wrong time and being outpriced while renting and not using my extra $ to buy +CF properties. I’m on a winner at the moment here in High Wycombe. Values have gone up here 22% in the last year. Hint. Look for suburbs that have boomed recently and check out the cheaper neighbouring suburbs.Especially if you find major developments improved transport links or rezoning changes in these suburbs. Check out suburbs close to Rockingham eg. Medina, Orelia etc
Gosnells, Maddington are also on the move. Langford has had a 17% growth average over the last 5 years. Midland areas are also growing fast.
Don’t forget some places within 2 hours drive from perth eg York is booming and looks like its set to continue.
The common trend for booming areas seem to be proximity to ocean or waterways, quick and easy transport routes, shopping, schools & other major facilities. Even the quieter country towns like York offer a change of lifestyle and yet are stll close to Perth.
I’m like you – searching for a great bargain. W’ll keep our eyes open. Best of luck! Outbackgems.