Perth, WA do or dont?
#16
Lost in BE Cyberspace
Joined: Feb 2013
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Re: Perth, WA do or dont?
https://www.perthnow.com.au/news/ren...cars-c-8414065
#17
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Joined: Oct 2008
Location: Perth
Posts: 6,765
Re: Perth, WA do or dont?
Take my area, which is Inner City. I've been observing rental movements as well as sales in the area for some time. Let's just say without certain connections , it would be highly unlikely anyone would be successful, at least in the main to obtain a rental property market .
#18
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Joined: Jan 2021
Posts: 71
Re: Perth, WA do or dont?
Yep - we've just agreed to rent out our flat, starting February. Didn't even go on market - renting to the daughter of some acquaintances. All the rentals in our strata are to 'friends and family' - no need to risk renting to strangers.
#19
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Joined: Dec 2002
Location: Keep true friends and puppets close, trust no-one else...
Posts: 93,787
Re: Perth, WA do or dont?
Brisbane is no better for rentals.
My landlord is selling the block of 7 units as the land is worth a lot. To find a new rental I would have to move at least 10km further from work (swapping a 20 minute bus ride for one of well over an hour, and pay at least three times my current rent. For a reasonable one bedroom flat in a decent suburb I'm now looking at around $650-700 per fortnight. And every viewing has 30-40 people, including whole families looking at squeezing into a one-bed
My landlord is selling the block of 7 units as the land is worth a lot. To find a new rental I would have to move at least 10km further from work (swapping a 20 minute bus ride for one of well over an hour, and pay at least three times my current rent. For a reasonable one bedroom flat in a decent suburb I'm now looking at around $650-700 per fortnight. And every viewing has 30-40 people, including whole families looking at squeezing into a one-bed
Last edited by Pollyana; Dec 2nd 2022 at 3:57 am.
#20
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Joined: May 2007
Location: England
Posts: 4,206
Re: Perth, WA do or dont?
Take my area, which is Inner City. I've been observing rental movements as well as sales in the area for some time. Let's just say without certain connections , it would be highly unlikely anyone would be successful, at least in the main to obtain a rental property market .
remained basically the same for years so being nosey I have just googled house prices on the boulevard where we lived and a much smaller house/block than ours was is up for sale for $710,000 😮 how can people afford that and rentals are so much more expensive, now I know it’s been 12 years since we lived in Aus and maybe salaries have risen and this is the norm but it really has shocked me.
#21
Home and Happy
Joined: Dec 2002
Location: Keep true friends and puppets close, trust no-one else...
Posts: 93,787
Re: Perth, WA do or dont?
I took a look at our last home in Perth just before Covid, when we sold the home we made a “bit” of money but not long after house prices went “up” and I was gutted (it happens every time we sell lol) but before Covid the house prises in that area had
remained basically the same for years so being nosey I have just googled house prices on the boulevard where we lived and a much smaller house/block than ours was is up for sale for $710,000 😮 how can people afford that and rentals are so much more expensive, now I know it’s been 12 years since we lived in Aus and maybe salaries have risen and this is the norm but it really has shocked me.
remained basically the same for years so being nosey I have just googled house prices on the boulevard where we lived and a much smaller house/block than ours was is up for sale for $710,000 😮 how can people afford that and rentals are so much more expensive, now I know it’s been 12 years since we lived in Aus and maybe salaries have risen and this is the norm but it really has shocked me.
#22
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Joined: Dec 2018
Location: ACT
Posts: 238
Re: Perth, WA do or dont?
Try finding a rental in Canberra!
#23
Lost in BE Cyberspace
Joined: Oct 2008
Location: Perth
Posts: 6,765
Re: Perth, WA do or dont?
I took a look at our last home in Perth just before Covid, when we sold the home we made a “bit” of money but not long after house prices went “up” and I was gutted (it happens every time we sell lol) but before Covid the house prises in that area had
remained basically the same for years so being nosey I have just googled house prices on the boulevard where we lived and a much smaller house/block than ours was is up for sale for $710,000 😮 how can people afford that and rentals are so much more expensive, now I know it’s been 12 years since we lived in Aus and maybe salaries have risen and this is the norm but it really has shocked me.
remained basically the same for years so being nosey I have just googled house prices on the boulevard where we lived and a much smaller house/block than ours was is up for sale for $710,000 😮 how can people afford that and rentals are so much more expensive, now I know it’s been 12 years since we lived in Aus and maybe salaries have risen and this is the norm but it really has shocked me.