@@roxyc5345 yes technically it is - you’re right but what I’ve done in this episode is combine regions closeby similar to Sydney! Otherwise the video would be about 2 hours long because of all the smaller council regions near the cbd! Thanks for tuning in!
Not sure why most commentators miss this, house on blocks over 600 sqm are what you want. You are way off with your selling prices, obviously you are using REIWA statistics, all the prices you quote you can add a couple hundred thousand now. And most those areas have minimal stock.
You're not wrong if you're looking at present prices & averages or a simple search of the average home on Real Estate/Domain - but the prices I am quoting are still achieveable in many ways if you know where to look/how to look/how to negotiate. I will add to this, that yes - a block over 600m2 is great, though it won't necessarily support everyone's vision or perhaps budget. Some of the suburbs that I'm squeezing are good especially for those who are handy or don't mind doing a bit of hard work! The reason I know this is because I've personally been involved in deals like this or know of people in the past 1-2 months who have. Good stuff with the 600m2 though, I've personally have found even better results at your 700m2 corner blocks on your R20/25 & 900m2 normal blocks. All your valuers who are doing desktop/kerbside & full valuations are tending to value these around 20-30% above suburb median value!! Thanks for tuning in!!
The town hub is decent I think - probably only second to Mount Lawley in my view! I'd tend to agree as a suburb in full it isn't walkabout. South Perth is good but also at a big premium price! Thanks for tuning in!!
Agree with Craigies potential. The last middle ring coastal suburb where you can buy a full size house and block under 900k. Has that huge Craigie leisure centre there also.
Definitely, I think the key point I am making here is that you have essentially the same access as the surrounding suburbs at a fraction of the price! Those homes on solid blocks are going to substantially increase in value over the next 1-2 years as well. Thanks for tuning in!
Unfortunately due to the growth most of the best areas are now above 600k! There's some affordable areas closer to the 450-500k mark in my Geelong video which I posted a week or so ago - check it out. I don't post regions that do not have solid long term growth, as long term the opportunity cost missed is large. Thanks for tuning in!
