somebody please talk to me about house prices
Oct 13th 2005, 8:24 pm
#1
BE Enthusiast
Thread Starter
Joined: Jun 2004
Location: northumberland,uk
Posts: 498
somebody please talk to me about house prices
Am i worrying too much?....
Seems to me looking at the rising prices of houses in oz,that by the time we get there next year(perth),we have to live 30 miles inland to afford a house!
Lynn
Seems to me looking at the rising prices of houses in oz,that by the time we get there next year(perth),we have to live 30 miles inland to afford a house!
Lynn
Last edited by lynnbrooks; Oct 13th 2005 at 8:38 pm. Reason: delete
Oct 16th 2005, 9:59 am
#2
BE Enthusiast
Joined: Apr 2003
Location: West Melbourne
Posts: 462
Re: somebody please talk to me about house prices
Originally Posted by lynnbrooks
Am i worrying too much?....
Seems to me looking at the rising prices of houses in oz,that by the time we get there next year(perth),we have to live 30 miles inland to afford a house!
Lynn
Seems to me looking at the rising prices of houses in oz,that by the time we get there next year(perth),we have to live 30 miles inland to afford a house!
Lynn
Oct 16th 2005, 10:49 am
#3
Proudly Deplorable
Joined: May 2003
Location: Alloha snack bar
Posts: 24,246
Re: somebody please talk to me about house prices
I've been looking at houses in Perth this weekend & prices are rising. WA is in the middle of a resources led boom fuelled by demand from China. There are a lot of people earning good money here. There is an article in today's paper saying that it is taking 2 years to build a house because of the shortage of labour :scared: . I work for a company involved in mining & they are expecting the boom to go on for another 3-5 years at least. House prices cannot keep going up forever, but how far from the peak it is at the moment is hard to say. I don't know enough about the market yet to try & predict this.
BTW, I looked at a house in Wembley Downs today that was absolutely fantastic, only problem is it's AUD1.14million!
BTW, I looked at a house in Wembley Downs today that was absolutely fantastic, only problem is it's AUD1.14million!
Oct 16th 2005, 12:08 pm
#4
SharonC
Joined: Jan 2005
Location: Perth
Posts: 142
Re: somebody please talk to me about house prices
True prices are on the increase and have been since before we arrived in Oct 2003. Having said that you can still get a lot of home for your money compared to the UK. If you want to live in a coastal suburb thats close to the City then yes you will pay big $$$ but if you are prepared to live say 10Km in from the Ocean and about 20Km out from Perth City Centre you can still find property under $300,000 (Even under $225 if you look in some of the not so desirable suburbs). Check out http://www.reiwa.com.au for house prices and trends.
If you want to get an idea about suburbs then I am slowly building up a profile of each suburb with pictures on www.immigrateperth.com Only Northern Suburbs at the mo but I will eventually cover them all.
There is always the option to buy or build now subject to approval by the foreign investment review board, (details on the reiwa site) but you will need to do your research first to be sure you are buying in an area you want to settle and paying a fair price. With so many people building at the mo you may even find a property for sale in which the owners want to rent back while their new place is being built.
Just something to think about
Sharon
www.immigrateperth.com
If you want to get an idea about suburbs then I am slowly building up a profile of each suburb with pictures on www.immigrateperth.com Only Northern Suburbs at the mo but I will eventually cover them all.
There is always the option to buy or build now subject to approval by the foreign investment review board, (details on the reiwa site) but you will need to do your research first to be sure you are buying in an area you want to settle and paying a fair price. With so many people building at the mo you may even find a property for sale in which the owners want to rent back while their new place is being built.
Just something to think about
Sharon
www.immigrateperth.com
