Five Perth Properties Under $750K
What a quarter-million dollars gets you in the western capital.
What a quarter-million dollars gets you in the western capital.
Out on the west coast, things are looking a little sunnier as the market returns to strength. Here, five properties that you can buy for under $750,000.
19A Lichfield Street, Victoria Park WA
Offered to the market for the very first time is this original tuck-pointed character home, built around the 1920’s.
The completely renovated, 3-bedroom, 2-bathroom, 2-car parking home is nestled away in a quiet section of Victoria Park, but remains within walking distance of local cafes, restaurants and shopping.
Inside sees period features, a lofty sense of space provided by the high ceilings and renovated mod-cons.
The bedrooms all have built-in robes, while a spacious verandah and a low-maintenance garden round out the offering in a stylish manner.
The listing is with EMG property solutions, $745,000; emgx.com.au
41A Edward Street, Bedford WA
Located in one of the most sought-after streets in Bedford comes this spacious 4-bedroom, 2-bathroom, 2-car parking home.
Inside the 205sqm of living space, the home features a theatre room, study nook, large open plan kitchen, dining and living area that flows out to the gabled patio area.
The large master bedroom suite includes a walk-in robe while the three secondary bedroom is complete with built-in-robes.
The home has easy access to public transport and is close to the Galleria shopping precinct, Beaufort street café strip, Chisholm College and Perth CBD.
While yes, technically the asking is $770,00, it’s too good a property to pass upon.
8A Warren Road, Yokine WA
Found in an enviable Yokine location comes this 3-bedroom, 2-bathroom, 2-car abode.
With stylish contemporary features and high-quality finishes throughout, the home offers an easy-care lifestyle.
Inside, the home boasts a stunning open plan living, dining and kitchen, the latter of which offers stone benchtops, mirrored splashbacks, built-in-pantry, electric cooktop and plenty of cupboard and benchtop space.
Elsewhere the home’s king-sized master retreat holds a beautiful ensuite complete with his and hers walk-in robes.
Further, the home sees two additional bedrooms – both with built-in robes – a second family bathroom, separate study/office and laundry areas.
The home is nearby to Yokine primary and Carmel, bus stops, Terry Tyzack Aquatic Centre and more.
The listing is with Acton Mount Lawley, offers between $719,000 – $769,000; acton.com.au
89B Guildford Road, Mount Lawley, WA
Well below the threshold, this modern spec townhouse arrives with 4-bedrooms, 3-bathrooms and a 2-car parking.
The kitchen is replete with stone benchtops and modern amenities while the wide entrance hall and timber floors underfoot add to the spacious contemporary feel of the home.
Inside, three stunning bathrooms arrive with full-height tiling and stone benches while all four bedrooms arrive with built-in robes.
Further mod-cons include a built-in vacuum system, double glazed windows and a laundry with a shoot from upstairs.
The townhouse is located in the Mt Lawley high school zone and is nearby to Mt Lawley train station and river.
The list is with NTY property group Maylands, from $649,000; ntypropertygroup.com
37 Leonard Street, Victoria Park, WA
Presenting Monogram, Victoria Park, a limited collection of ten, centrally located townhouses.
The area of Victoria Park is a diverse cultural hub nearby to Crown Perth and Optus Stadium.
On offer is a 3-bedroom, 2-bathroom 2-car parking with a number of layouts and three interior schemes with a private alfresco, generous kitchen with island bench configuration and separate laundry.
Engineered stone features prominently in the kitchen alongside Bosch appliances while built-in robes adorn the bedrooms.
The townhouses start from $699,000; mongramvicpark.com.au
PSB Academy currently hosts over 20,000 students each year and offers certification, diploma and degree courses.
Rachel Zegler and Gal Gadot star in an awkward live-action attempt to modernize the 1937 animated classic.
Unmarried home buyers say they are giving priority to a financial foundation over a legal one
The big wedding can wait. Couples are deciding they would rather take the plunge into homeownership.
In reshuffling the traditional order of adult milestones, some couples may decide not to marry at all, while others say they are willing to delay a wedding. Buying a home is as much, if not more of a commitment, they reason. It helps them build financial stability when the housing market is historically unaffordable.
In 2023, about 555,000 unmarried couples said that they had bought their home in the previous year, according to a Wall Street Journal analysis of Census Bureau data. That is up 46% from 10 years earlier, when just under 381,000 couples did the same.
Unmarried couples amounted to more than 11% of all U.S. home sales. The percentage has climbed steadily over the past two decades—a period in which marriage rates have fallen. These couples make up triple the share of the housing market that they did in the mid-1980s, according to the National Association of Realtors.
To make it work, couples must look past the significant risk that the relationship could blow up, or something could happen to one partner. Without a marriage certificate, living situations and finances are more likely to fall into limbo, attorneys say.
Mark White, 59 years old, and Sheila Davidson, 62, bought a lakeside townhouse together in Newport News, Va., in 2021. But only her name is on the deed. He sometimes worries about what would happen to the house if something happened to her. They have told their children that he should inherit the property, but don’t have formal documentation.
“We need to get him on the deed at some point,” Davidson said.
White and Davidson both had previous marriages, and decided they don’t want to do it again. They also believe tying the knot would affect their retirement benefits and tax brackets.
Couples that forgo or postpone marriage say they are giving priority to a financial foundation over a legal one. The median homeowner had nearly $400,000 in wealth in 2022, compared with roughly $10,000 for renters, according to the Federal Reserve’s Survey of Consumer Finances.
Even couples that get married first are often focused on the house. Many engaged couples ask for down-payment help in lieu of traditional wedding gifts.
“A mortgage feels like a more concrete step toward their future together than a wedding,” said Emily Luk, co-founder of Plenty, a financial website for couples.
Elise Dixon and Nick Blue, both 29, watched last year as the Fed lifted rates, ostensibly pushing up the monthly costs on a mortgage. The couple, together for four years, decided to use $80,000 of their combined savings, including an unexpected inheritance she received from her grandfather, to buy a split-level condo in Washington, D.C.
“Buying a house is actually a bigger commitment than an engagement,” Dixon said.
They did that, too, getting engaged eight months after their April 2023 closing date. They are planning a small ceremony on the Maryland waterfront next year with around 75 guests, which they expect to cost less than they spent on the home’s down payment and closing costs.
The ages at which people buy homes and enter marriages have both been trending upward. The median age of first marriage for men is 30.2, and for women, 28.6, according to the Census Bureau. That is up from 29.3 and 27.0 a decade earlier. The National Association of Realtors reported this year that the median age of first-time buyers was 38, up from 31 in 2014.
Family lawyers—and parents—sometimes suggest protections in case the unmarried couple breaks up. A prenup-like cohabitation agreement spells out who keeps the house, and how to divide the financial obligations. Without the divorce process, a split can be even messier, legal advisers say.
Family law attorneys say more unmarried people are calling for legal advice, but often balk at planning for a potential split, along with the cost of drawing up such agreements, which can range from $1,000 to $3,000, according to attorney-matching service Legal Match.
Dixon, the Washington condo buyer, said she brushed off her mother’s suggestion that she draft an agreement with Blue detailing how much she invested, figuring that their mutual trust and equal contributions made it unnecessary. (They are planning to get a prenup when they wed, she said.)
There are a lot of questions couples don’t often think about, such as whether one owner has the option to buy the other out, and how quickly they need to identify a real-estate agent if they decide to sell, said Ryan Malet, a real-estate lawyer in the D.C. region.
The legal risks often don’t deter young home buyers.
Peyton Kolb, 26, and her fiancé figured that a 150-person wedding would cost $200,000 or more. Instead, they bought a three-bedroom near Tampa with a down payment of less than $50,000.
“We could spend it all on one day, or we could invest in something that would build equity and give us space to grow,” said Kolb, who works in new-home sales.
Owning a place where guests could sleep in an extra bedroom, instead of on the couch in their old rental, “really solidified us starting our lives together,” Kolb said. Their wedding is set for next May.
Homes and weddings have both gotten more expensive, but there are signs that home prices are rising faster. From 2019 to 2023, the median sales price for existing single-family homes rose by 44%, according to the National Association of Realtors. The average cost of a wedding increased 25% over that time, according to annual survey data from The Knot.
Roughly three quarters of couples move in together before marriage, and may already be considering the trade-offs between buying and renting. The cost of both has risen sharply over the past few years, but rent rises regularly while buying with a fixed-rate mortgage caps at least some of the costs.
An $800 rent hike prompted Sonali Prabhu and Ryan Willis, both 27, to look at buying. They were already paying $3,200 in monthly rent on their two-bedroom Austin, Texas, apartment, and felt they had outgrown it while working from home.
In October, they closed on a $425,000 three-bed, three-bath house. Their mortgage payment is $200 more than their rent would have been, but they have more space. They split the down payment and she paid about $50,000 for some renovations.
Her dad’s one request was that the house face east for good fortune, she said. Both parents are eagerly awaiting an engagement.
“We’re very solid right now,” said Prabhu, who plans to get married in 2026. “The marriage will come when it comes.”