WA – Projected growth of country regions

Hi Vernon

YOu might like to try Residex – they sell reports on growth / rent return for various postcodes / areas.

Not sure if they cover WA, but worth a try on their website.

Property Investor MAgazine also run articles each month on various areas on each state, so subscription might be worht it.

Hope this helps!

Rgds
Peter
[cap]

Hi try femia property group. They have a website and the phone number is 0892026820. Thier fees may be a little expensive but whats worse spending alittle now and finding out the area is crap or going in spending heaps and loosing. Im waiting on call back from them. They are totally independant too which is good .

k

Hi there,

I also find Residex the best.

However we also get reports from local papers which provide useful comprehesive info.

Last report dated 27 Feb 2005 was excellent and I can give you a brief overview on report regarding Regional and CG over 12 month period.

Augusta-Harvey (All increase over 12 month change)
Augusta – 33.3%
Boyup Brook – 35.1%
Bridgetown – 15%
Bunbury – 20.6%
Busselton – 33.5%
Capel – 18.5%
Collie – 16.9%
Cowaramup -3.4%
Donnybrook – 19%
Dunsborough – 40.4%
Harvey – 26.2%

Manjimup – Mount Barker (all increases over 12 month change)

Manjimup – 16.7%
Margaret River – 20.3%
Walpole – 9.0%
Albany – 8.9%
Denmark – 28.4%
Kojonup – 9.8%
Mount Barker – 28.9%

Waroona – (all increases over 12 month period)
Coodanup – 15.4%
Dawesville – 2.8%
Dudley Park – 14.6%
Falcon – 14.5%
Greensfields – 13.9%
Halls Head – 12.3%
Mandurah – 8.9%
Meadow Springs – 16.4%
Pinjarra – 9.4%
Ravenswood – 36.1%
San Remo – 12.5%
Silver Sands – 14.2
Wannanup – 6.5%
Waroona – 16.9

MID-WEST TOWNS (all increases over 12 month period)

Dongara/Denison 25.9%
Kalbarri 17.2%
Geraldton/Greenough 9.2%

GOLDFIELD TOWNS (all increases over 12 month period)

Hopetown – 35.7%
Kambalda – 10.3%
Kalgoorlie/Boulder 8.6%

WHEATBELT SUBURBS (all increases over 12 month period)

Guilderton – 37%
Lancelin – 17.6%
Cervantes – 13.6%

GASCOYE TOWNS (all increases over 12 month period)

Exmouth – 34%
Carnarvon – 28.3%

PIBBARA TOWNS – top 3 over 12 month period
Newman – 42.1%
Onslow – 10%
Karratha/Dampier 5.8%

If you would like data for 5 year period I can also provide this. Many still providing great CG.

Regards, M[biggrin]

PS
If you happen to be interested in Mandurah, interesting article in latest API magazine.

what the?? have they looked out their window lately?

http://www.woodside.com.au/NR/rdonlyres/e7wcfdugb5i2e6trfheho6wd2vhlwiuj6dqd3hntbaeoxeevbuqtqhufsxisukvdgt6h42rvextrro/Resource9.pdf

http://www.megainvestments.com.au

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

well I won’t get into a debate over the virtues of a particular town, however the $20 billion gas contract with China is for 20 years. they have just made some exciting new discoveries which could substantially increase reserves. Process train 5 is a goer with BHP committing to the $1.6 billion project and number 6 is on the cards. the deal to export LNG to the west coast of the US is looking positive. there are many industries apart from gas of course. was also reading a week or so ago about the plans for – what was it… may have been a petrochemical plant or a fertiliser plant – think it was fertiliser. could be both.

rents are more likely $650 a week upwards now out of interest, not that anything is available. unfortunately FIFO workers don’t solve accommodation problems – as the head count you have still needs somewhere to sleep when they are there. you may be able to get away with dongas but these days the companies will pay virtually anything to get workers into these locations and they have to make the lifestyle pretty attractive. If anyone is looking for a job, check it out

Extensive list of ‘Off The Plan’ property available for sale in Perth.

John – 0419 198 856

Hear Hear Ausprop,

FIFO is tedious from a personal point of view, economic point of view and a social point of view.

The ability to attract and retain quality staff is more difficult with an average staff churn at 3 years.

Economically, FIFO worker “A” may earn $100K, but there still are the costs of accomodation, catering and flights to consider in addition. Catering is usually around $15 per day, accomodation is around $70 and each 100 seater costs around $15000 per charter (~$150 a flight) – very roughly $30000 additional in direct costs.

Worker “B” earning $100K living in town would have a place rented out @ 650pw = $33800, may have a nominal $70 pw rent amount to contribute.

What if royalties paid to the WA governement by the resource companies ended up back in the towns themselves, Karratha for example – what kind of facilities do you think would exist????? Imagine having a copper sailed glass tugboat in Hampton Harbour? [party]
– ah – that’s Dampier – where I have an IP[upsidedown]

Cheers
J