All Topics / The Treasure Chest / WA Property Hotspots

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  • Profile photo of Dan260Dan260
    Member
    @dan260
    Join Date: 2002
    Post Count: 22
    December 17, 2002 - 6:11 am

    Hi guys, just wanted to get some thoughts out in the open for all POerth Investors on what they belive to be the next property hotspots in Perth.

    I will get the ball rolling and my top 3 picks for the comming year are:

    1. Rockingham – near beach, transport and infrastructure projects to boost values.
    2. Bassendean – some of the cheapest 11km from the city property around.
    3. Lathlain – new suburb development should increase values.

    What are other investors thoughts?

    cheers
    Dan

    Profile photo of ZSZS
    Member
    @zs
    Join Date: 2002
    Post Count: 3
    December 19, 2002 - 7:13 am

    Hi Dan260,

    I totally agree with you. My picks are:

    1. Midland – some redevelopment and renewal in
    the area

    2. Cannington/East Cannington – Relatively reasonable large development blocks.

    By the way, did you manage to catch the clip on A Current Affair for Perth Hottests suburbs?

    Cheers

    Profile photo of Dan260Dan260
    Member
    @dan260
    Join Date: 2002
    Post Count: 22
    December 19, 2002 - 8:31 am

    No ZS i didnt catch the ACA article on Perth Suburbs, what where their recommendations?

    Profile photo of Brett_2Brett_2
    Participant
    @brett_2
    Join Date: 2002
    Post Count: 47
    December 19, 2002 - 3:18 pm

    Heya Guys

    Some of my picks are below. I also missed the article on ACA regarding Perth.

    Belmont – Excellent amenities and is close to the city and river

    Currumbine – Good family homes relatively underpriced

    Doubleview – Affordable established oceanside suburbs with a variety of property types

    Mindarie – Good lifestyle infrastructure and near the sea

    Ocean Reef – Established ocean lifestyle

    Port Kennedy – Good lifestyle infrastructure and near the sea and major new marina development

    Rockingham – Undervalued, Good lifestyle infrastructure, close to the ocean, southern freeway extension

    Safety Bay – Rededvelopment potential with big blocks

    Balga – Bargain area with redevelopment opportunities

    Mandurah – Lifestyle plus increasing population shift following the opening of the southern freeway extension.

    Thornlie – Established home on a large block for relatively cheap price

    Warnbro – Established home on a large block for relatively cheap price

    Hope this is of some help :)

    Regards,
    Brett

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