And you first time investors. What are you waiting for? Prices to fall even further? It doesn’t get any better than this. It’s a well maintained 1950s fibro and iron home just a stone’s throw from the town’s recreation centre and a tiny 500m walk to the deli, preprimary and private primary school.

The hard work’s been done in new doors, plastering and fresh painting, new bathroom vanity, new light fittings, floor coverings and beautifully polished jarrah floor boards. There are three bedrooms, lounge with air conditioner and kitchen with electric stove. Enclosing and carpeting the front verandah has made an excellent kid’s activity area or 4th bedroom.

Out the back is a steel patio and pretty big garage on a well fenced, sewered 875m2 corner block with annual service rates of about $728 to the Shire and $600 to the Water Corporation.

Worried about interest rates? They have risen and fallen in the past and will continue to do so in the future. Be a prudent purchaser and buy in the gloom not the boom when prices are soft so the slightly higher rates don’t impact as much