All Topics / General Property / Newby IP Perth

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  • Profile photo of yakcamyakcam
    Member
    @yakcam
    Join Date: 2004
    Post Count: 1

    Can anyone tell me what the latest hot area is in Perth ……… to buy an IP. I feel that St James and Bently can still have some good buys

    Your thought

    Profile photo of redwingredwing
    Participant
    @redwing
    Join Date: 2003
    Post Count: 2,733

    I’d be looking at the ‘undervalued’ areas..

    Those that have not risen as per the rest of the suburbs, according to the last figures Viveash was a great area to have bought in..45% gain or such in last 12months ( trying to remember , this would be close anyway )

    I believe Midland has potential, and the business and local government are pushing hard for developements..

    But my preference, as always, is something near the Coast or the River..

    Looking at some 3×1’s at the moment for family and it’s hard to find what you want, where you want, for what you want to pay.. prices have definetly moved in the last 2 years..

    My Top pick however would be S#@h*^r[biggrin]

    REDWING

    “Money is a currency, like electricity and it requires momentum to make it Effective”

    Profile photo of ez-rentez-rent
    Member
    @ez-rent
    Join Date: 2003
    Post Count: 139

    Hi

    ST James I believe has had its run. I should know as I’ve been here for 8 years!

    However I’m selling soon – wanna buy? :-)

    Kewdale now reminds me of the ST James of 8 years ago.. The fact that Orong Road now connects the Graeme Farmer Freeway and is 5min into Perth helps too. In terms of distance to Perth its now no further than ST James/Bentley.

    EZ-Rent. The free tax and cashflow simulator for Australian property investors.
    http://www.ez-rent.com

    Profile photo of AUSPROPAUSPROP
    Participant
    @ausprop
    Join Date: 2003
    Post Count: 953

    different perceptions are strange – I think St James is only just starting its run. ezrent – will PM you.



    Extensive list of new Perth property available for sale.

    Alternatively, become a joint venture partner in one of our property development partnerships – contact me to find out why our developments are unique. John – 0419 198 856

    Profile photo of ActTodayActToday
    Participant
    @acttoday
    Join Date: 2003
    Post Count: 232

    I have received information from a very reliable big time investor that there is proposed flightpaths over Midland and Forrestfield. The plans for the new runways have been approved even though it is some time yet before they will eventuate. Midland is showing some very good progress just now but I would only buy on short term.There is still other areas to invest in without taking the risk of the runways.IMHO

    If I knew then what I know now……….you know how it goes

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