IP houses in Perth

Viewing 7 posts - 1 through 7 (of 7 total)

avranjes
Participant
@avranjes
Join Date: 2003
Post Count: 58
May 30, 2003 - 8:37 am
Hello there,
I am new to this forum. i was wondering the opionons of the forum on IP houses in perth, namely which suburbs people think are good to buy a 3 or 4 bedroom house, with our without developemtn potential?
thanks!
davidfemia
Member
@davidfemia
Join Date: 2003
Post Count: 89
May 30, 2003 - 8:59 am
Hello Avranjes,
There are many to choose from. However, it all depends on your budget, and your investment goals.
Genrally, if you dont mind an older house on a larger block, then perhaps North Perth is an area to look at. The area is grossly underdeveloped, and is showing great potential.
David Femia
Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au
avranjes
Participant
@avranjes
Join Date: 2003
Post Count: 58
May 30, 2003 - 9:06 am
sorry, i should have stated my budget.
my budget cant exceed $280k not including pruchasing costs
any ideas with the budget in mind?
thanks
davidfemia
Member
@davidfemia
Join Date: 2003
Post Count: 89
May 30, 2003 - 9:13 am
Hello Avranjes,
With 280 you can do quite a bit. Having not taking into consideration your financial situation, and without knowing your long term plans, North Perth is still a winner.
Vic Park, lathlain, Carlisle, and surrounding suburbs are places to keep an eye on.
The Joondalup region will also be an area to keep an eye on.
David Femia
Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au
avranjes
Participant
@avranjes
Join Date: 2003
Post Count: 58
May 30, 2003 - 9:19 am
thanks david
i am interested in north perth, as i beleive it has huge potential. i didnt think it was possible to still get a house in north perth for $280k?
davidfemia
Member
@davidfemia
Join Date: 2003
Post Count: 89
May 30, 2003 - 9:47 am
Hi Avranjes,
They are still available, however, the trick is to find those with the development potential.
If you have the time, take a look at Bourke st, just off Charles St.(a restaurant called bella cucina is on the corner.) This will give you an idea of the areas potential. These homes are valued at around 300 – 400+.
Should you want our assistance in locating these properties, email me at [email protected]
David Femia
Femia Property Group
Property Investment Consultants
http://www.femiapropertygroup.com.au
avranjes
Participant
@avranjes
Join Date: 2003
Post Count: 58
May 30, 2003 - 10:16 am
hi david,
sorry to confuse. i will be able to borrow about 280k + expenses. so 280k will be my buy price for a property, not 280k to invest, i am not that rich!
thanks for your input