Hi guys,

We have been in WA for about 3 years - love it here.

The thing is we bought a block in Dalyellup 2 years ago - built on it recently and it is now about completed.

OK

I don`t really want to move there! - After being inland from Jurien Bay for 3 years I have grown to like the ruralness and community's of small town Australia.

Dalyellup feels a but like the Truman Show - anyone have positive thoughts on this?

cheers

Monkey

If you don't want to move there, why don't you sell it and use the proceeds to purchase somewhere you do want to live?

because the price has gone down about 10%

Worst in WA - This was because it was fetching the best premiums in WA.

So its best to wait it out a bit I think.

Its now a bad place - far from it, it just a bit too populated for us now.

I like my 100 acres of bush!

Couldn't you just rent it out for a while?
I quite like Dallyellup, but if you've been living out in the sticks I can see that it might seem a bit too much like suburbia.

Rent it out, I dont know if it's true but it's always been said in the local media that they are crying out for rental properties.

FWIW we lived on Treendale until recently..... similar to Dalyellup but on a much smaller scale. We built and I was so excited about it all... but when we moved in it felt claustraphobic - rooftops all around plus the thought of someone building next door at any point made us up sticks again. Now we live in Leschenault on an acre block surrounded by trees - smaller house but oh, so much happier!!!

yes I agree,

Nearly bought the house we are living in now for $400,000 3 years ago.

Asked the owner to consider again - evaluation - $750,000!

And our has gone down in 3 years!!!

PS - have a look at this: http://www.dalyellup.pixelcase.com.au

Have to agree if you have been living rural near Jurien Bay area. You will hate a big sprawling estate.

We live North of Perth, and now think we would prefer to buy something rural or smaller estate, or if we can an small acerage.

In the UK we lived rural(house was not even in a village), then we went and worked in abroad in a big city. Have to say city was great and people friendly but we all craved our bit of countryside and space.

Gems

Hi, like yourselves we purchased a block in Dalyellup 3 years ago - as yet have not made it out there, awaiting children to finish education (A Levels & GCSE) - fin July next year - unsure as to whether to build on land? Gather from your last thread market has dwindled. Did you build yourselves or commision a builder? Your views would be appreciated. TTFN

if i were you i'd hold onto it for a while
there was an article in our local paper about dallyellup - there are something like 120 houses and blocks on the market (and 1600 on the estate in total) and prices are still dropping

Yes - interesting article...

From boom to bust for late-comers to Dalyellup

prices are dropping like a lead balloon,had to take a loss on my house to get rid of it,many people i know are trying to sell with no luck.BGC are buying a lot of the land to put homeswest on (State housing) as the land prices are some of the cheapest in WA.Never has a estate fallen in reputation so quickly, a aussie workmate told me this

Not just Dalyellup, anyone who bought within the last year/18 months could be in the pame position.

The suburb of Tapping springs to mind, a friend bought an investment house there "because prices can only ever go up". I didn't bother arguing that they had already peaked. She is STILL regarded by all her friends (including my wife) as a an expert with money, financially astute. Problem is she's now working full time now to make ends meet and by all accounts is struggling whereas before she didn't have to work at all.

I think she has a block in Dalyellup too.

There goes the neighbourhood.

oooh yeeees