No I did not beg for help! I asked what the future holds for Perth basically, just wanted some thoughts?
This isn't a blog it's a forum last time I read!
we are tied to my local area due to schooling so no I cannot buy anywhere in Perth.
It seems all you are superior in is putting other people down for their lack of confidence in the buying and selling process, not helpful at all.
This market is strange and was trying to gain feedback! Still you have given me no real insight into your thoughts just smart a** Remarks.
So I am not begging for your help Jimbo and accidentally posted twice as I thought my post did not come through, I would rather gather feedback from some more helpful members. Thanks
Moving on.....
No one knows the future.
In my opinion you have sold, very lucky in this market.
Now just do your research, locate the top 3 properties you like, then start putting low offers in on the best of the best.
We are doing just that and taking your advice, have 3 properties we are looking at currently.
Heading to an auction this weekend will be interesting to see how it ends up!
It's nice being in a position where we can cruise and wait for right property....
Yes, i am settling my 10th property in Gnarabup next month, i am not really looking at Perth to much yet, i think though that the government will be forced to start an aggressive first home owners grant soon, they can not afford to have people renting as it does not generate much needed stamp duty fees. And th emarket does feed upwards and the government takes a nice little cut each time.
I have a property i Highgate, i may look at selling it, it paid $175,000 in 1988, it was lived in then rented out, now if the government buys it i will have to pay capital gains and then stamp duty when i buy again.
So just to sell this property i will have to pay maybe $250,000 capital gains plus maybe $150,000 stamp duty on something new.
Just remember you are playing the house.
Pardon the pun.
And the house always wins.
So try to buy something that you do not have to sell.
Something you are happy with.
Peter
I would not be surprised if properties that "have" to be sold are heavily reduced after Christmas.
If the first home owners grant comes back hard expect an uptick.
And most importantly good luck.
It's your turn now.
Be brutally hard.
PeterSome call him a living god, some call him a master, i call him Foxbat
Price SLASHED! Vendor says Sell!!
$249,000 - 11/29 Tenth Avenue Maylands
Our owner reluctantly wants this sold asap! Which means a SENSATIONAL buy.
Twelve months ago, I wrote an offer on another unit in this group for $330,888. Just one year ago.
Same size, same condition as this.
Now, our owner is willing to look at all offers. Currently asking $249,000 which is $80,000 BELOW last year’s offer! Yes, $80,000!
This may be the best buy on the market at the moment. It’s an ideal 2 bedroom unit for First Home Buyers, would make a great rental to start or build your portfolio, or if you have kids moving out of home, what better place to put them?
Please call us immediately. There’ll be no second chances once it’s gone.
Price SLASHED! Vendor says Sell!!
$249,000 - 11/29 Tenth Avenue MaylandsNot many people can lose $80,000 in 12 months.
So sad.
But good old supply and demand at work again i suppose...Gnarabup is very small, and the available properties are few, so yes the prices have tightened.
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