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       Making sense of property

    How a few streets can make a big difference to property values - a synopsis of East Perth

    How a few streets can make a big difference to property values - a synopsis of East Perth

    As always keen to see what is happening in the Perth apartment market, PropertyESP recently took a look at settled sales for the East Perth area from 2015-2018. Looking just at apartment houses, apartment units and penthouses we found that the East Perth market was showing signs of price recovery across the board. But when we broke East Perth into precincts we found that Wellington Square compared to Claisebrook and the remainder of East Perth definitely demonstrated a price
    Apartments transform suburbs - and for the better!

    Apartments transform suburbs - and for the better!

    With the 2016 census just released PropertyESP took a look at 3 suburbs that have been transformed by apartment developments to see what other changes to the suburb this had brought. East Perth – originally an industrial suburb, EPRA (now MRA) was established in 1991 to redevelop and urbanise the suburb. It did so with the development of Claisebrook Village, with introduced 1450 new dwellings as well as retail and commercial properties on the site of the former East Perth G
    Desire for East Perth to gain 24/7 heartbeat

    Desire for East Perth to gain 24/7 heartbeat

    Samantha Reece recently attended the East Perth session of the Cities Summit that has been co-ordinated by Member for Perth John Carey. Over 60 people attended this session which comprised of businesses, developers, residents and interested parties. Quite predictably the session dealt with the areas strengths, its problems and what the community would like to see occur. East Perth was liked because of its walkability, the gardens and open spaces, Claisebrook Cove and the fact
    East Perth – part d’eux

    East Perth – part d’eux

    So following on from last week’s post – let’s look at East Perth in a different light. Over the 20 year study timeframe, we looked at the census data and saw some very positive correlations with the growth of apartment residences. Starting with the population; we saw 9% growth between 2001 – 2006, which is good news, but then from 2006 – 2011 the population grew a whopping 42%. We also saw a 9% increase in couple households and a significant decline in single households. Ther
    A tale of suburb rejuvenation

    A tale of suburb rejuvenation

    So we have been watching with some interest, changes to certain precincts such as The Springs, which are transforming from typically industrial areas into stylish and enviable pockets of real estate. We thought to ourselves – where else have we witnessed this kind of rejuvenation and what can we expect over time? So we decided to examine Claisebrook, since its rebirth in the 1990’s. We delved into 20 years of sales results for the East Perth precinct overall and discovered so
    Greenfields outstrips infill demand

    Greenfields outstrips infill demand

    Independent property analysts, PropertyESP have released results this week after the company undertook research of greenfields sales as well as infill, over a two year period (October 2012-October 2014). The company examined key areas such as Byford, Baldivis and Ellenbrook in comparison to Victoria Park, Belmont, East Perth and Midland as part of the overarching study. The company found that demand for land lots in the greenfields areas ranged from 982 blocks to 2256 for the
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      Want to hear Sam's interview on 6PR with Chrissy Morrissy re the hotspots in Perth to Invest? Click here!

       

       

       

       

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