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JoustingSticks

419 Posts.

1

09/08/14

16:32

Post #: 13794613
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Originally posted by malaga ↑

Forrestfield is a suburb of Perth. Developed in the 70s when it was on the eastern fringe.
First home buyer area. Basic shopping centre, cul de sacs sort of suburb you find in every Australian city. With the expansion of Perth and better roads Forrestfield is now a middle ring suburb, still cheap with a mixture of old houses, new land and low density.
This week the news is out that the Government is building a new undergound train to Perth airports and extended to Forrestfield. Fifteen minutes by train to CBD. Aready talk of high density and new developments happening. The railway is due to open in 2020 so plenty of time to keep watch on area. Never really thought much of the area but a relative has just bought a 600 sqm block for $280k and is building a big new house. Hills in background, plenty of trees and walk to schools, parks for kids. Very underrated suburb why build 50kms away on a 400sqm block and spend 1 hour each way on freeway.
Definetley a long term suburb to watch for investors.

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Malaga,

My parents bought a cheapie out there 10 years ago much to my ridicule. Looks like I'll be calling them visionary when I see them tomorrow.

Thanks for for the update on the area.

J.S.
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