1. 30 • NOVEMBER 19-20, 2011 WEST REAL ESTATE THE WEEKEND WEST
PALK0408
GETTHE$30,000
ROYALTREATMENT
ATSHOREHAVENRISE,
ALKIMOS.
PEET.COM.AU 13 PEET PEET.COM.AU 13 PEET
Build your dream home at Shorehaven Rise, Alkimos
and receive $30,000*
towards making it a palace.
There’s never been a better time to build at Shorehaven Rise. Purchase a lot
and sign up with a Rise Display Village builder before 31 December to receive:
• A $20,000 home upgrade
• $10,000 in added bonuses including side and
rear fencing, front landscaping, rainwater tank,
compost bin and fibre optic cabling.
Just imagine having the gourmet kitchen, walk-in robe
or even the deluxe alfresco area of your dreams!
Shorehaven Rise offers sweeping views of the ocean, with lots ranging from
354sqm to 576sqm and prices starting from an affordable $297,000.
Live in a private estate that’s already established with beautifully landscaped
parks and barbecue facilities. Best of all, you can start building now.
Phone 9246 7007 or visit shorehaven.com.au/beachsidebonuses
*
Terms and conditions apply, visit the website for details. Sales Agent: Peet Estates
ALKIMOS
HURRY!
LIMITEDTIMEONLY.
This is your opportunity to capture a dream coastal lifestyle at Burns Beach Estate. With new
homesites now available in Stage 9A ranging in size from 569sqm to 707sqm, and priced from
just $450,000 (avg. $474,750), now is the perfect time to start living your coastal dream.
Call Gail Fischer of Peet Estates on 9322 6734
or visit burnsbeachestate.com.au
Visit peethouseandland.com.au to start
creating your own house and land package.
PEETB321112
RECEIVE A $10,000 SPRING BONUS*
*Terms and conditions apply.
Prices and lot information as at 16.11.2011. Sales Agent: Peet Estates.
Purchase a homesite between now and November 30 and you will receive
a $5,000 BBQs Galore voucher, plus $5,000 to spend at Flight Centre.
HURRY
STAGE
9A
SELLING
FAST
Coastal Living
F
alling interest rates and
capital growth potential
should spur investor
activity in “second-tier”
coastal suburbs, with many
having a median house price
below $500,000, a local expert has
said.
Graeme Hosking, managing
director of AUSNET Real Estate
Network, said these areas were
located just behind ocean-front
suburbs, with easy access to the
same amenities but in an
affordable price bracket pegged
for growth.
“AUSNET has noticed that
weekly rents in these second-tier
suburbs have increased
significantly over the past 18
months, while house prices have
become very competitive,” Mr
Hosking said. “These two factors,
combined with falling interest
rates, have meant that it is now a
very attractive proposition for
investors to purchase a home
priced under $500,000 along the
coastal strip.
“Prime investment
opportunities in the northern
coastal strip include suburbs such
as Beldon, which has a median
house price of $433,250, and over
the last decade has achieved an
annual average capital growth
rate of 12.1 per cent.” Mr Hosking
said Clarkson was another prime
investment area in the northern
suburbs, with a median house
price of $382,500 and an annual
capital growth rate of 12.6 per cent
over the last 10 years.
In the southern suburbs, Mr
Hosking identified Hillman — in
the City of Rockingham — with a
median house price of $277,000 and
annual capital growth rate of 12
per cent over the decade.
“Many investors have been
sitting on the fence waiting for the
property market to bottom and
there is now every indication that
this has occurred in Perth,” he
said. “The latest REIWA figures
show that the number of
properties listed for sale in Perth
during the September quarter
stood at 14,959 compared to 17,437
during the June quarter, which is
generally an early indication that
conditions in the property market
are beginning to tighten.”
So-called ‘second-tier’ suburbs located just behind ocean-front suburbs, with easy access to the same amenities but in an affordable price bracket, are tipped as good investments. Picture: Gerald Moscarda
‘Second-tier’ areas a first-rate buy■ Louise Baxter