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Re: PERTH - Area pro's and con's
Originally Posted by steve99
Havent seen anything in CB I would call "very ugly" but agree there are a few run down places dotted around that are due for demolition.
Trouble is there's so much being knocked down and rebuilt and others having major renovations that anything that isnt brought up to the same level, looks out of place and tired. Look in other suburbs where there all the same 70's style and you dont notice them, or look in cheaper more northern coastal suburbs and the houses being built wont in general be anywhere near the size or quality of those being built in CB. Block price anywhere in CB would now probably be over a $1M sticking a 2 or $300K house on a block like that wont happen, it'll be totally out of place with everything else new around it, I doubt anything has been newly built in CB for under $1/2M in the past few years, there are some huge one off houses probably costing upwards of a couple of million being built at present. There's also a real limited amount on the market anything that comes on gets snapped up pretty much straight away, many dont even make it to the first home open. The wave of insanity has swept northwards. I think the price gap between Quinns, which used to be considered a holiday destination north of Perth, and other suburbs say from Hillarys upwards has narrowed recently as the madness has spread. Where can it go from here? |
Re: PERTH - Area pro's and con's
Originally Posted by Exile
I recently sold a house in Quinns Rocks that didn't get to the first home open. It wasn't even advertised apart from on the REIWA site, and the agent said she felt like she was conducting an auction.
The wave of insanity has swept northwards. I think the price gap between Quinns, which used to be considered a holiday destination north of Perth, and other suburbs say from Hillarys upwards has narrowed recently as the madness has spread. Where can it go from here? Anything with any form of view will carry on going up regardless of what else happens, anything in a good coastal suburb will probably also keep going up at an above average rate, further north along the coast, there will be further developments and the prices will probably start of slightly less than the direct southerly neighbouring suburb and will then probably catch up, if your prepared to drive 45 mins to the CBD then an hour isnt really any different and so on... Suburbs within a few km's of the city will probably show good growth, units/apartments etc with good transport links in.(again anything with a river or city view will perform better than average) As an area on the whole I think it will gradually slow down over the next 12-24mths and we'll get more realistic growth of between 5-10% with some expceptions like above probably doing 10%+ There wont be a crash or a dramatic fall in prices. Rents should hopefully increase to a more realistic level (from an investment point of view, there currently at least 30% under what they should be) Just my views :) |
Re: PERTH - Area pro's and con's
I wonder exactly how it will affect the south in the next 12-18 months with the train line down as far as Mandurah due to open. Do you think there is a north/south divide now? And, if so, do you think this will decrease and break down with the opening of the railway? The south is often noted as being less desirable, but perhaps with property being slightly cheaper there and the rail link it may attract more commuters from the city rather just tradies :confused:
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Re: PERTH - Area pro's and con's
Originally Posted by sunbather
I wonder exactly how it will affect the south in the next 12-18 months with the train line down as far as Mandurah due to open. Do you think there is a north/south divide now? And, if so, do you think this will decrease and break down with the opening of the railway? The south is often noted as being less desirable, but perhaps with property being slightly cheaper there and the rail link it may attract more commuters from the city rather just tradies :confused:
I know prices have already risen sharply down south from the minute the train line was announced, personally I cant see that just this can justify some of the prices down there, if there is any sort of price crash, I would think it would hit harder down there than in the more established suburbs closer to Perth. To be honest I dont really know what impact the train will have on the commute time into Perth, I guess if it reduces the time to something like 30mins then it would become a more viable option to the northern suburbs, personally I wouldnt want to spend any longer than that commuting. |
Re: PERTH - Area pro's and con's
We live in Carine, which we absolutely adore.
Pros Older established suburb, so lots of trees and green Close to Beach Carine Open Reserve Parkland which is great for dogs and children Lovely little shopping centre Close to Warwick with its bigger shopping centre and cinema Great primary schools Plots sizes tend to be bigger Fantastic community feel, lots of friendly neighbours City just 10 or 15 mins away Its own pub - not that I have been yet, but it has good events I hear Cons I guess its getting more expensive (but isnt everywhere). All the best with your research Nicola x |
Re: PERTH - Area pro's and con's
Well I live in Banksia Grove.
Pros Quiet 10 Mins to nearest beach(Burns) 5 Mins to Joondalup and nearest train station Cheap properties, Good sized land blocks available Soon to be built shopping centre, highschool, park and at least two Village centres,and childcare facilities Close to 4WD and biking areas(without having to listen to it to much) usually not as windy as living in a coastal suburb Cons Quite far away from the city(takes about 30 mins to drive to the station and train in, closer to an hour to drive in. We need that shopping centre, highschool and childcare facilities. Banksia Grove hasn't exactly been beautified to outside eyes, with verges mainly covered in weeds(hopfully the developer will get on to that when the next land releases get going) But all in all, we like it. |
Re: PERTH - Area pro's and con's
I currently live in Sorrento and am moving to Connolly
Sorrento Pros Close to beach Relatively short drive to Whitfords and Karrinyup shopping centres plus Warwick Walk to Hillarys boat harbour Good public transport, short bus to Warwick or Greenwood train 20 min drive into City Nice parks Sorrento Cons Cost of houses Connolly Pros Short drive to beach Very green, lots of trees Close to Joondalup for shopping Close to Joondalup for trains 30 mins drive into City Connolly Cons Price |
Re: PERTH - Area pro's and con's
I live in Ellenbrook
Pros - 5 villages to choose from -each with their own 'feel' sorrounded by fields and country roads so we feel more 'rural' good community atmosphere relatively new (10 years old) so most people are from out of the area lovely views to the hills easy access to the wineries and cafes of the swan valley houses are slightly cheaper apparently we are going to be the next 'new' town 2 shopping centres, new senior school opening Feb 07 loads more facilities planned easy access to the airport (good for hubby who is FIFO) and the main pro - my kids are happy! A few more estates in the pipeline the golf at the Vines Cons About a 30 minute drive to the city (not sure how long in rush hour) 20 minute drive to the beach (however, with kids, unless you live a very short walk away you have to drive anyway to be able to take all the stuff you need, so adding on 10-15 minutes is nothing) people asking where we are because they have never been as far as Waneroo having to put people up when they visit becasue it's a long drive back ;) Hope this helps Will try to add some pics if I can! |
Re: PERTH - Area pro's and con's
Originally Posted by steve99
I think there are those that prefer either location I wouldnt say there is a divide, each to their own really, I can understand why some prefer over the other.
I know prices have already risen sharply down south from the minute the train line was announced, personally I cant see that just this can justify some of the prices down there, if there is any sort of price crash, I would think it would hit harder down there than in the more established suburbs closer to Perth. To be honest I dont really know what impact the train will have on the commute time into Perth, I guess if it reduces the time to something like 30mins then it would become a more viable option to the northern suburbs, personally I wouldnt want to spend any longer than that commuting. The problem is to get to the stations. There is definately not enough parking, access to the trainstation at Waikiki (Safety Bay Road) will be a disaster for all who want to get to the station by car and those who don't because of the location of it. A single access for in and out traffic is controlled by a newly installed traffic light on Safety Bay Road which will affect all traffic to and fro the freeway during peak hours. |
Re: PERTH - Area pro's and con's
Perthforme, have you thought of any more info on Clarkson yet? :)
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Re: PERTH - Area pro's and con's
Originally Posted by steve99
I think...
Anything with any form of view will carry on going up regardless of what else happens, anything in a good coastal suburb will probably also keep going up at an above average rate, further north along the coast, there will be further developments and the prices will probably start of slightly less than the direct southerly neighbouring suburb and will then probably catch up, if your prepared to drive 45 mins to the CBD then an hour isnt really any different and so on... Suburbs within a few km's of the city will probably show good growth, units/apartments etc with good transport links in.(again anything with a river or city view will perform better than average) As an area on the whole I think it will gradually slow down over the next 12-24mths and we'll get more realistic growth of between 5-10% with some expceptions like above probably doing 10%+ There wont be a crash or a dramatic fall in prices. Rents should hopefully increase to a more realistic level (from an investment point of view, there currently at least 30% under what they should be) Just my views :) |
Re: PERTH - Area pro's and con's
Originally Posted by Tiawamutu
Perthforme, have you thought of any more info on Clarkson yet? :)
Just tryed the new Wok in a Box place and i can't move ! Couldn't finish what looks like a small box ! Prob be starving in a hour :rolleyes: Still can't think of any real cons , its got all we need. Can hear a few beeps in the morning from the somerly construction , but its no biggy ! |
Re: PERTH - Area pro's and con's
Originally Posted by Tiawamutu
Do you think the house prices will ever go down, or are houses over $400,000 to be expected from now on?
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Re: PERTH - Area pro's and con's
Originally Posted by Amazulu
IMO, I think prices will carry on rising in the short term & then stabilise. I don't think they will come down. AUD400k is the new benchmark, but remember that's only about GBP160k, so cheaper than most of the UK.
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Re: PERTH - Area pro's and con's
Originally Posted by Perthforme
One more pro
Just tryed the new Wok in a Box place and i can't move ! Couldn't finish what looks like a small box ! Prob be starving in a hour :rolleyes: Still can't think of any real cons , its got all we need. Can hear a few beeps in the morning from the somerly construction , but its no biggy ! What is clarkson like if you are unable to drive, for getting about? |
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