Perth ... (Property - Don't read if easily depressed)
Jul 28th 2006, 2:53 pm
#1
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Joined: Dec 2003
Posts: 2,375
Perth ... (Property - Don't read if easily depressed)
It's ******g way over the top and rising ...
Gone mental, particularly the last 3 years.
Don't come here expecting the 4 x 2 with new pool and new Prado.
Coming from someone with two young boys and a (not bragging $100K+wage) ... I know.
Don't get me wrong ... the city (or town as we call it) is beautiful and "relatively" safe if you can withstand choppers overhead at 10pm every night !!!
Research, research and more research ... (c) Tony Blair 2003
Or was it Education ... etc etc
btw ... They say thats crap too ...
BUT ...
We LOVE it.
Gone mental, particularly the last 3 years.
Don't come here expecting the 4 x 2 with new pool and new Prado.
Coming from someone with two young boys and a (not bragging $100K+wage) ... I know.
Don't get me wrong ... the city (or town as we call it) is beautiful and "relatively" safe if you can withstand choppers overhead at 10pm every night !!!
Research, research and more research ... (c) Tony Blair 2003
Or was it Education ... etc etc
btw ... They say thats crap too ...
BUT ...
We LOVE it.
Jul 28th 2006, 3:18 pm
#2
Cheeky member
Joined: Mar 2005
Location: West Side
Posts: 16,204
Re: Perth ... (Property - Don't read if easily depressed)
Nice one 
Jul 28th 2006, 4:12 pm
#3
Forum Regular
Joined: Jul 2004
Location: Lakelands, Perth
Posts: 66
Re: Perth ... (Property - Don't read if easily depressed)
Can't see the problem. You can still build a 4x2 on butler estate for $375 with pool. Using 2.4 exchange rate £156k. Thank you very much. Sell a house here you have well over 100k in the bank. Looked at wages and they are now looking higher than the UK in my trade-power generation- also $100 ish. Mortgage rates are higher but get the wife back to work again -no problem. Seems a lot of doom and gloom on here lately IMO. Remember he who dares wins-he who hesitates.........doesn't! 
BUT ...
We LOVE it.
BUT ...
We LOVE it.
Jul 28th 2006, 4:21 pm
#4
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Joined: Mar 2005
Location: West Side
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Re: Perth ... (Property - Don't read if easily depressed)
Originally Posted by Darren S
Can't see the problem. You can still build a 4x2 on butler estate for $375 with pool.
Jul 28th 2006, 6:10 pm
#5
Im a woomaaan
Joined: Jan 2005
Posts: 1,978
Re: Perth ... (Property - Don't read if easily depressed)
[QUOTE=Darren S]Can't see the problem. You can still build a 4x2 on butler estate for $375 with pool. Using 2.4 exchange rate £156k. Thank you very much. Sell a house here you have well over 100k in the bank. Looked at wages and they are now looking higher than the UK in my trade-power generation- also $100 ish. Mortgage rates are higher but get the wife back to work again -no problem. Seems a lot of doom and gloom on here lately IMO. Remember he who dares wins-he who hesitates.........doesn't!
Thats ok if you have a house to sell here - not everyone does and even if they do they may not make over a £150 K on it. It`s a harsher reality for some of us unfortunately - especially if you are a tradie who needs a license not everyone will be earning top dollar staright away (or possibly even within a few years) We for one are starting to wonder if Perth will be beyond our means when we get there next year.
Thats ok if you have a house to sell here - not everyone does and even if they do they may not make over a £150 K on it. It`s a harsher reality for some of us unfortunately - especially if you are a tradie who needs a license not everyone will be earning top dollar staright away (or possibly even within a few years) We for one are starting to wonder if Perth will be beyond our means when we get there next year.
Jul 28th 2006, 9:14 pm
#6
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Joined: Jan 2004
Location: Halls Head, WA
Posts: 4,146
Re: Perth ... (Property - Don't read if easily depressed)
[QUOTE=gobbyjock]
we sold - made £30k, no savings. two years ago we could have afforded a 4 x 2, now we can't afford a tent.
But, we're coming anyway, our happiness is not dependant on bricks and mortar (although would be nice) and who knows what's round the corner !
Originally Posted by Darren S
Can't see the problem. You can still build a 4x2 on butler estate for $375 with pool. Using 2.4 exchange rate £156k. Thank you very much. Sell a house here you have well over 100k in the bank. Looked at wages and they are now looking higher than the UK in my trade-power generation- also $100 ish. Mortgage rates are higher but get the wife back to work again -no problem. Seems a lot of doom and gloom on here lately IMO. Remember he who dares wins-he who hesitates.........doesn't!
Thats ok if you have a house to sell here - not everyone does and even if they do they may not make over a £150 K on it. It`s a harsher reality for some of us unfortunately - especially if you are a tradie who needs a license not everyone will be earning top dollar staright away (or possibly even within a few years) We for one are starting to wonder if Perth will be beyond our means when we get there next year.
Thats ok if you have a house to sell here - not everyone does and even if they do they may not make over a £150 K on it. It`s a harsher reality for some of us unfortunately - especially if you are a tradie who needs a license not everyone will be earning top dollar staright away (or possibly even within a few years) We for one are starting to wonder if Perth will be beyond our means when we get there next year.
But, we're coming anyway, our happiness is not dependant on bricks and mortar (although would be nice) and who knows what's round the corner !
Jul 28th 2006, 9:15 pm
#7
Forum Regular
Joined: Nov 2004
Location: Adelaide
Posts: 86
Re: Perth ... (Property - Don't read if easily depressed)
[QUOTE=gobbyjock][ We for one are starting to wonder if Perth will be beyond our means when we get there next year.]
We're starting to think the same thing. We are moving next April and have visited Perth twice now and think it's really nice but as we're only going to have about £15,000 to take with us we're thinking we might struggle. We'll still go to Aus but I'm not convinced that Perth is the best option for us right now.
JKA
We're starting to think the same thing. We are moving next April and have visited Perth twice now and think it's really nice but as we're only going to have about £15,000 to take with us we're thinking we might struggle. We'll still go to Aus but I'm not convinced that Perth is the best option for us right now.
JKA
Jul 28th 2006, 9:56 pm
#8
Im a woomaaan
Joined: Jan 2005
Posts: 1,978
Re: Perth ... (Property - Don't read if easily depressed)
Our main reason for choosing Perth was that we both have relatives there - we had never been bothered about owning the 4 x 2 with pool - we just wanted a home of our own after living in rented accom for the last 8 yrs due to hubby`s job. Looks like we will be renting for a bit longer when we get there and re-assessing the situation after a year. I don`t want to be struggling to pay over the odds for for bricks and mortar - guess my dream will just have to adapt to reality
Jul 28th 2006, 10:07 pm
#9
Im a woomaaan
Joined: Jan 2005
Posts: 1,978
Re: Perth ... (Property - Don't read if easily depressed)
Alternatively here is a solution I posted in another thread 
Is it really getting that bad ??
http://www.thewest.com.au/default.as...ContentID=1882
Is it really getting that bad ??http://www.thewest.com.au/default.as...ContentID=1882
Jul 28th 2006, 10:42 pm
#10
visa granted 16/5/06
Joined: Aug 2005
Location: Perth WA
Posts: 461
Re: Perth ... (Property - Don't read if easily depressed)
Originally Posted by Darren S
Can't see the problem. You can still build a 4x2 on butler estate for $375 with pool. Using 2.4 exchange rate £156k. Thank you very much. Sell a house here you have well over 100k in the bank. Looked at wages and they are now looking higher than the UK in my trade-power generation- also $100 ish. Mortgage rates are higher but get the wife back to work again -no problem. Seems a lot of doom and gloom on here lately IMO. Remember he who dares wins-he who hesitates.........doesn't!
BUT ...
We LOVE it.
BUT ...
We LOVE it.
can you post the link regarding the 4 x 2 new build in Butler, just so we can cheer ourselves up a bit, like you say lots of doom and gloom on here at the mo and its frightening the life out of me!
thanks x
Jul 28th 2006, 10:55 pm
#11
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Joined: Apr 2004
Location: Perth
Posts: 1,001
Re: Perth ... (Property - Don't read if easily depressed)
Originally Posted by Darren S
Can't see the problem. You can still build a 4x2 on butler estate for $375 with pool. Using 2.4 exchange rate £156k. Thank you very much. Sell a house here you have well over 100k in the bank. Looked at wages and they are now looking higher than the UK in my trade-power generation- also $100 ish. Mortgage rates are higher but get the wife back to work again -no problem. Seems a lot of doom and gloom on here lately IMO. Remember he who dares wins-he who hesitates.........doesn't! .
.
Jul 29th 2006, 1:49 am
#12
Moved out bush!
Joined: Nov 2003
Location: Chittering WA
Posts: 1,093
Re: Perth ... (Property - Don't read if easily depressed)
I am starting to wonder how the next generation will afford housing. Fair enough we came over and managed to put a good deposit on a house and buy a business but there are not many people that can do that, in the UK we had our first house by the time we where 21 so we made quite a bit over the years but anyone else a few years younger than us wont be in the same position.
My in-laws are due over in the next 6 months and I am worried they will end up paying $500k for a home which will take a big chunk of their money which they will be needing to keep themselves going throughout their retirement.
Its getting very expensive, the only other additional prob I have to say is unless you will be earning very well forget a decent sized mortgage. The average wage no longer is enough to guarantee a mortgage which you can actually buy something with. Its even $300k for Balga and Girraween now and these are not the places to be buying into.
There was an artical in the paper yesterday with a family came over from Sydney and are living on a caravan park because they cannot buy and are finding it hard renting, I will say however the article did say they wanted a rental for under $350 and where told theres nothing under $600/week which is totally untrue, there are loads of rentals out there under $400/week.
As for buying a house and getting the package for $375 I would like to know where? You cant even get a 500m block in Caramar for less than $250k at the mo, I think its closer to $300k and thats before the house gets built, its "at least" another $250k for a house, the prices you see in the papers are for a basic construction nothing extra, one mains socket per room sort of thing, no insulation, by the time you add on the other smaller bits and pieces and then waiting a year for it to be built it has cost you loads! Remember also when you get you house built it is sat in the middle of a sand pit that you the new owner are supposed to make look lovely and believe me it costs to sort out a sand pit into a garden that looks nice. I would never build after seeing the bills people get after the initial amount plus all the extra's that most people would like.
Hope this helps
Jenny
My in-laws are due over in the next 6 months and I am worried they will end up paying $500k for a home which will take a big chunk of their money which they will be needing to keep themselves going throughout their retirement.
Its getting very expensive, the only other additional prob I have to say is unless you will be earning very well forget a decent sized mortgage. The average wage no longer is enough to guarantee a mortgage which you can actually buy something with. Its even $300k for Balga and Girraween now and these are not the places to be buying into.
There was an artical in the paper yesterday with a family came over from Sydney and are living on a caravan park because they cannot buy and are finding it hard renting, I will say however the article did say they wanted a rental for under $350 and where told theres nothing under $600/week which is totally untrue, there are loads of rentals out there under $400/week.
As for buying a house and getting the package for $375 I would like to know where? You cant even get a 500m block in Caramar for less than $250k at the mo, I think its closer to $300k and thats before the house gets built, its "at least" another $250k for a house, the prices you see in the papers are for a basic construction nothing extra, one mains socket per room sort of thing, no insulation, by the time you add on the other smaller bits and pieces and then waiting a year for it to be built it has cost you loads! Remember also when you get you house built it is sat in the middle of a sand pit that you the new owner are supposed to make look lovely and believe me it costs to sort out a sand pit into a garden that looks nice. I would never build after seeing the bills people get after the initial amount plus all the extra's that most people would like.
Hope this helps
Jenny
Jul 29th 2006, 2:27 am
#13
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Joined: May 2003
Location: Alloha snack bar
Posts: 24,246
Re: Perth ... (Property - Don't read if easily depressed)
Originally Posted by Darren S
Can't see the problem. You can still build a 4x2 on butler estate for $375 with pool. Using 2.4 exchange rate £156k. Thank you very much. Sell a house here you have well over 100k in the bank. Looked at wages and they are now looking higher than the UK in my trade-power generation- also $100 ish. Mortgage rates are higher but get the wife back to work again -no problem. Seems a lot of doom and gloom on here lately IMO. Remember he who dares wins-he who hesitates.........doesn't!
BUT ...
We LOVE it.
BUT ...
We LOVE it.
Last edited by Amazulu; Jul 29th 2006 at 2:59 am. Reason: a not A
Jul 29th 2006, 2:28 am
#14
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Joined: Nov 2005
Location: North Lakes, QLD- UK
Posts: 320
Re: Perth ... (Property - Don't read if easily depressed)
Originally Posted by jensteve
I am starting to wonder how the next generation will afford housing. Fair enough we came over and managed to put a good deposit on a house and buy a business but there are not many people that can do that, in the UK we had our first house by the time we where 21 so we made quite a bit over the years but anyone else a few years younger than us wont be in the same position.
My in-laws are due over in the next 6 months and I am worried they will end up paying $500k for a home which will take a big chunk of their money which they will be needing to keep themselves going throughout their retirement.
Its getting very expensive, the only other additional prob I have to say is unless you will be earning very well forget a decent sized mortgage. The average wage no longer is enough to guarantee a mortgage which you can actually buy something with. Its even $300k for Balga and Girraween now and these are not the places to be buying into.
There was an artical in the paper yesterday with a family came over from Sydney and are living on a caravan park because they cannot buy and are finding it hard renting, I will say however the article did say they wanted a rental for under $350 and where told theres nothing under $600/week which is totally untrue, there are loads of rentals out there under $400/week.
As for buying a house and getting the package for $375 I would like to know where? You cant even get a 500m block in Caramar for less than $250k at the mo, I think its closer to $300k and thats before the house gets built, its "at least" another $250k for a house, the prices you see in the papers are for a basic construction nothing extra, one mains socket per room sort of thing, no insulation, by the time you add on the other smaller bits and pieces and then waiting a year for it to be built it has cost you loads! Remember also when you get you house built it is sat in the middle of a sand pit that you the new owner are supposed to make look lovely and believe me it costs to sort out a sand pit into a garden that looks nice. I would never build after seeing the bills people get after the initial amount plus all the extra's that most people would like.
Hope this helps
Jenny
My in-laws are due over in the next 6 months and I am worried they will end up paying $500k for a home which will take a big chunk of their money which they will be needing to keep themselves going throughout their retirement.
Its getting very expensive, the only other additional prob I have to say is unless you will be earning very well forget a decent sized mortgage. The average wage no longer is enough to guarantee a mortgage which you can actually buy something with. Its even $300k for Balga and Girraween now and these are not the places to be buying into.
There was an artical in the paper yesterday with a family came over from Sydney and are living on a caravan park because they cannot buy and are finding it hard renting, I will say however the article did say they wanted a rental for under $350 and where told theres nothing under $600/week which is totally untrue, there are loads of rentals out there under $400/week.
As for buying a house and getting the package for $375 I would like to know where? You cant even get a 500m block in Caramar for less than $250k at the mo, I think its closer to $300k and thats before the house gets built, its "at least" another $250k for a house, the prices you see in the papers are for a basic construction nothing extra, one mains socket per room sort of thing, no insulation, by the time you add on the other smaller bits and pieces and then waiting a year for it to be built it has cost you loads! Remember also when you get you house built it is sat in the middle of a sand pit that you the new owner are supposed to make look lovely and believe me it costs to sort out a sand pit into a garden that looks nice. I would never build after seeing the bills people get after the initial amount plus all the extra's that most people would like.
Hope this helps
Jenny
Hi Guys,
Yes, Perth house prices have become very scary....
We thought we had sold our house 18 months ago, and was looking at moving to Perth (at that point could get the ideal place 4X2 pool etc down south for $350 K)
We lost those buyers and eventually sold a couple of months ago...when we logged then onto domain/realestate.com to look at property in Perth...let's just say ours plans changed drastically!!!!
Tanya x
Jul 29th 2006, 2:46 am
#15
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Joined: Sep 2002
Location: Ilukapool. WA
Posts: 12,467
Re: Perth ... (Property - Don't read if easily depressed)
Originally Posted by Amazulu
Some reality at last. High prices are a curse for some, a dream for others. Not everyone is in the same boat. You can buy a 4x2 for $400k, that's approx. GBP160k..
Lots of suburbs I've not heard of and the ones I have I wouldn't want to live in
http://www.realestate.com.au/cgi-bin...ze=&p=10&o=def
Last edited by renth; Jul 29th 2006 at 2:48 am.