Those of you who have been following the PropertyESP blog for a while know that we have an appetite for TODs (transit-oriented developments) because of their economic impact. So we decided to take a look at two TODs on the Mandurah train line, in Cockburn Central and in Wellard. Wellard is the site of Perth’s first Mandurah line TOD, but like nearby suburbs it started with a focus on houses. The Cockburn Central TOD however was established with apartments and home units in mi

So PropertyESP has just finished taking a look at car ownership for the Cockburn/Atwell/Success and Ellenbrook areas, after conducting our recent TOD study (see last blog J). We were interested to see, if a Transit Orientated Development (TOD) did in fact impact on car ownership and secondly we wanted to understand, just what were people’s expectations, when it came to car bays – especially for the built form. What we found was that Cockburn did in fact have a larger percenta

There has been much conjecture about Perth’s transport system and hot debate about the importance of TOD’s and even light rail. But a recent study we just completed in fact spells out quite clearly that TOD’s do provide a capital advantage to neighbouring suburbs and their properties. Our study analysed 20 years of sales for Success/Atwell and Cockburn Central in comparison to Ellenbrook in the north (totalling 24,386 sales from 1994-2014). Both these locales were prospering

I attended an interesting forum recently, hosted by the UDIA, which talked about the fact that there is often disruption, before there is evolution. Perth itself is undergoing a period of disruption and Elizabeth Quay is a prime example of this! But we can take comfort that the pain is worth the gain! The panel of speakers talked about a new world – that is not too far away, where automated vehicles (AV) would be the norm. These vehicles would need a nominal driver for times