There are some essential criteria for a place to live:
3+ bedrooms
2+ bathrooms (there are four of us including a teenager)
Inside the catchment of the high school.
With those points, there are presently two places in our suburb for $750/week. Moving is a lot of effort to save $2,600 in a year - assuming either place is comparable to our present (fairly nice) townhouse.
It honestly does appear to be the going rate for houses in Perth. Even going out of the school catchment doesn’t save much. The “cheap” suburbs with crime being a variable are still $550-$600/week. Which is what we were paying for a decent 4 bedroom home in the next suburb over only three years ago. Housing prices in Perth have gone bananas.
This sort of math is why we bought when I didn’t feel ready. It’s working out only a tiny bit more expensive, but massively more brain secure. The expensive bit is about to vanish, but inheritance isn’t a fun way to do that.
There are some essential criteria for a place to live:
With those points, there are presently two places in our suburb for $750/week. Moving is a lot of effort to save $2,600 in a year - assuming either place is comparable to our present (fairly nice) townhouse.
It honestly does appear to be the going rate for houses in Perth. Even going out of the school catchment doesn’t save much. The “cheap” suburbs with crime being a variable are still $550-$600/week. Which is what we were paying for a decent 4 bedroom home in the next suburb over only three years ago. Housing prices in Perth have gone bananas.
This sort of math is why we bought when I didn’t feel ready. It’s working out only a tiny bit more expensive, but massively more brain secure. The expensive bit is about to vanish, but inheritance isn’t a fun way to do that.
Tenants need agents who represent them as buyers, agents with legal clout