Good to hear confirmation of what is happening in the low end of Perth. It is a really weird market, cheap crap going up and good stuff coming down. In Highgate one bedders in sixties blocks and awful stuff selling well. Yet a good house listed at 9 Plunkett is a good buy for 770,000. One hundred metres away a rubbish 2 bedder with a ten story homeswest tower as a neighbour sells for 385,000. If you want to go further afield have a look at Rockingham Park as invest. Still around 300,000 and a little known story is they are likely to be rezoned R30 in the very near future. You should see the crowds at rentals.
