Considering it sold 12 months ago for $600,000, this is a fair price.
People are moving to WA for the work. They’re finding it impossible to find accommodation to live, and they do what normal people do – go to rental inspections and opens. We’re getting anything from 50 to 100 groups at the rental apartment inspections. They’ll buy their next home once they’ve decided where they want to settle. They’ll rent out the apartment when they’re done.
But the most recent demand comes from the renters. That’s making up three of our 14 sales this year – so 20 per cent of those sales are to people who’ve recently moved back and are looking to buy, not rent.
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