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New home buyers boost property sales; Perth property sales in the March quarter reached its highest level in two years
Topic Started: 21 Apr 2012, 06:49 AM (4,040 Views)
Black Panther
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New home buyers boost property sales

The latest figures from the The Real Estate Institute of WA shows the volume of Perth property sales in the March quarter reached its highest level in two years.

The median house price is up slightly to $465,000.

The data shows there has been a surge in first home buyers, with eight out of 10 buying established houses rather than building.

REIWA's president David Airey says they are buying near established infrastructure.

"Well it seems to be that the preference for these young, generally young, home buyers is to buy an established property that is near infrastructure such as shopping, and transport and roads, rather than in the newer areas where there's less of those established facilities," he said.

Mr Airey says this is good news for the overall market.

"The most popular price ranges are between the 300 and the 500 thousand dollar pricing, that's where most of the activity is," he said.

"But as more and more of those properties sell, those sellers tend to buy more expensive property so it's likely that this level of activity will lead to an increase and an improvement across the whole market."

http://www.abc.net.au/news/2012-04-20/new-home-buyers-boost-market/3963034/?site=perth&section=news
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TED BULLPIT
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Just wondering BP about housing grants that were there, I assume they stiil get a 7k , did they also have stamp duty exemptions for first home buyers or was this removed at the start of the year like NSW.

Perth does seem safer than boh Sydney and Melboourne at the moment but not hard considering they both had 20%+ gains recently. Darwin is also much safer then Syd and Melbourne , why people wish to live there is behond me, juzt to hot.
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Black Panther
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Whats happening in Perth is the harbinger for the rest of the nation.

Mark these words. There will NEVER be a better time yo buy than right NOW.
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themoops
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Perthies aren't exactly known for their intellect. BP is probably the dumbest person here. It'll just be a temporary blip, just another few more greater fools.
stinkbug omosessuale


Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments.
Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck!
See here
Property will be 50-70% off by 2016.
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Olmule
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themoops
21 Apr 2012, 05:56 PM
Perthies aren't exactly known for their intellect. BP is probably the dumbest person here. It'll just be a temporary blip, just another few more greater fools.
Its all the smartest of the eastern staters lucky enough to move to Perth, they are Perth's new greater fools. This migration is lowering the intelligence levels in both Perth and the eastern states.
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themoops
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Olmule
21 Apr 2012, 06:10 PM
Its all the smartest of the eastern staters lucky enough to move to Perth, they are Perth's new greater fools. This migration is lowering the intelligence levels in both Perth and the eastern states.
Yeah that could be it then hey. All the meatheads not getting work over here so then moving over there to work in the moines.
stinkbug omosessuale


Frank Castle is a liar and a criminal. He will often deliberately take people out of context and use straw man arguments.
Frank finally and unintentionally gives it up and admits he got where he is, primarily via dumb luck!
See here
Property will be 50-70% off by 2016.
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Black Panther
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Olmule
21 Apr 2012, 06:10 PM
Its all the smartest of the eastern staters lucky enough to move to Perth, they are Perth's new greater fools. This migration is lowering the intelligence levels in both Perth and the eastern states.
Profound Stupidity Demonstrated. Fact established, Olmule is a moron. :D
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Jacks money
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the problem with perth its full of hi viz bogans (go walking around qantas club and you'll see what i mean)
bogan are known for irrational behaviour - the market can stay irrational longer then you can stay liquid.
therefore jump on board people gear to the moon make those banking execs a bonus or two
It’s not getting any smarter out there. You have to come to terms with stupidity, and make it work for you - Frank Zappa
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muzza
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Black Panther
21 Apr 2012, 07:07 PM
Profound Stupidity Demonstrated. Fact established, Olmule is a moron. :D
It's a joke Panties, think about it a bit :D
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Olmule
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muzza
21 Apr 2012, 09:01 PM
Black Panther
21 Apr 2012, 07:07 PM
Profound Stupidity Demonstrated. Fact established, Olmule is a moron. :D
It's a joke Panties, think about it a bit :D
made funnier by BP and his big brain reply! Not originally from "over east" are we BP?

i am only joking about east v west, bogans dominate coast to coast
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