loobyloo85 Posted August 18, 2015 Report Share Posted August 18, 2015 Hi so after many years we have got the ball rolling on emigrating! But seen a few posts on various sites and facebook etc with people saying if they had known what they know now they would of stayed in the uk and that its hard to get on housing market etc in perth and economy is bad. Can anyone shed any light as it has me a bit worried. Not got a house or.mortgage but was one thing we wanted to do if we moved to oz as we are a young family. Any advice guys?! X Quote Link to comment Share on other sites More sharing options...
gar374 Posted August 18, 2015 Report Share Posted August 18, 2015 (edited) Hi, We've just moved here and the rental market is far better now (for renters) than it was 2 years ago when we visited. We offered less than the asking price and were accepted having never rented before and not being in work. We do have the equity from our house sale in the bank though. We came from Scotland where the housing market is a lot cheaper than it is generally down south, not sure how Leeds fairs though. We're hoping to get a 4 x 2 house of comparable size to that we had in Scotland for similar money and from what we've seen so far that should happen once I've been working for a few months and am able to get a mortgage. The exchange rate is key for us at the minute. When we visited it was about $1.65 for the £ and the housing market was at its peak, so we did our maths based on that. We now over $2.10 to the £ and the housing market has eased a wee bit, so it's all making a huge difference. Hope that helps. Gareth Edited August 19, 2015 by gar374 Quote Link to comment Share on other sites More sharing options...
verystormy Posted August 18, 2015 Report Share Posted August 18, 2015 The economy of WA is officially in recession. House prices have fallen a bit. The average price is $567k. Still fairly high as that needs a household income of well over $100k http://www0.landgate.wa.gov.au/docvault.nsf/web/PS_FPS/$file/WAMetro.pdf Quote Link to comment Share on other sites More sharing options...
tooz2012 Posted August 19, 2015 Report Share Posted August 19, 2015 The economy of WA is officially in recession. House prices have fallen a bit. The average price is $567k. Still fairly high as that needs a household income of well over $100k http://www0.landgate.wa.gov.au/docvault.nsf/web/PS_FPS/$file/WAMetro.pdf Median prices can be heavily skewed especially with a lot of investor exit happening at the moment. Quite a few people held out thinking that the prices would keep on growing and now they are rushing to accept whatever offers they can get. It's good news for home buyers. I believe, in a year or so the market will have stabilized and will be ripe to buy for first time investors. Quote Link to comment Share on other sites More sharing options...
SJT Posted August 19, 2015 Report Share Posted August 19, 2015 Unfortunately everyone's ideal World and salary are completely different to everyone elses and so do peoples views on everything else. You have to do what your gut is telling you. We came here because we wanted to try something different, explore another country and have a more laid back life style. It is bloody hard work and no one can prepare you for the home sickness, feeling out of place in a foriegn country, leaving family and friends behind and having to start all over again. Some find this easy to do, others like myself really struggle. Moving here has to be the hardest thing I have ever done in my whole life and we thought long and hard before we made the jump. Financially we are still no where near what we were earning in the UK, but that's ok because we prepared for that and knew that was how it was going to be. We have the same size mortgage that we did in the UK, again not what we hoped for, but the reality was we wanted to live in a certain place, so that was our choice, we could have been nearly mortgage free, living in a huge house with pool, cinema room, play room the works, but we did not want to live that far out of Perth city or the beach, so we now live in an area that we love and can see ourselves living in for many years. Hubby took a while to find a job (seven months) but now has a job that he loves, he has the right work/life balance which was one of the reasons for moving here. It has taken us a while to find friends, we got burnt along the way finding them, but now have some very good friends. The children are happy and settled. I have managed to find myself a part time job that fits in perfectly with family life. So for us moving to Perth was the right thing to do. So for us, the upset, uncertainty and challenging start to our Perth life was worth it, as now we really appreciate what we have got and what hard work it has taken us to get here, we are not lucky to live in such a beautiful place, because we have earnt that right with hard work, determination and lots and lots of tears, and trust me there have been a lot of tears. It also means that walking down to the beach on a winter's evening for ice cream with the kids and the dog means so much more, because it has not been easy, no one gave us a helping hand, we did it all sheer determination and now love living here. Quote Link to comment Share on other sites More sharing options...
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