WA’s top 10 property hotspots

It’s the bargain property hunter’s annual guide to the best places in WA to buy property

Terry Ryder, of hotspotting.com.au, has released his annual list of WA’s top “hotspots” – suburbs and towns where there is potential for good capital growth or better-than-average rental yields.

While the locations are little changed from last year, the reasons for buying have

Source  :  www.watoday.com.au

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WA gripped by Lotto fever with record $90m jackpot at stake

Two in three West Australian adults are expected to take part in a $20 million splurge on lottery tickets in the hope of scooping Australia’s record $90 million Lotto jackpot next week.
  
Lottery fever has gripped WA and it is estimated five times more tickets than usual will be bought in the State for Tuesday’s Oz Lotto draw.
  
The $90 million prize pool is unprecedented in Australian lottery history and is the culmination of nine weeks of rolled-over Oz Lotto prizes.
  
Lotterywest chief executive Jan Stewart said lottery ticket sales in WA were up 6 per cent on last year and were expected to jump even higher for Tuesday’s bumper draw.
  
“Our experience is that irrespective of the economic climate, people seem to continue to spend the few dollars each week they have been accustomed to spending on a Lotto or scratchie ticket and to find a little more when there is something special on like a big Oz Lotto or Powerball jackpot or a Saturday Lotto Superdraw,” Ms Stewart said. 
  
WA is a lottery-loving State, a fact which could be attributed to the ban on poker machines that has reduced gambling choices in the West.
  
Whether WA is luckier or just plays more, the State is full of Lotto winners. Over the past 12 months, seven of the 12 major (Division One) wins in the Oz Lotto game across Australia have gone to WA.
  
West Australian adults spend an average of $5.98 every week on the lottery and the clamour for tickets for Tuesday’s draw has shown they are spending more than ever.
  
Greg Mills, of Yokine Lottery Centre, said the number of people coming in to buy Lotto tickets had soared from an average of 250 a day to 350 in the run-up to Tuesday’s game.
  
“It’s pumping. People all want a share of this $90 million. It’s creating a lot of interest,” Mr Mills said.
  
Sadly, though, the chances of winning are slim — 45 million to one.
  
To improve your chances, it might be worth taking note of which numbers come up most often. The number 5 has been drawn 14 times over the past 50 Oz Lotto draws, while 45, 35 and 28 have come up 13 times each.
  
At the other end of the scale, the number 38 has emerged only three times in the past 50 draws. Numbers 6, 14, 36 and 39 were almost as unlucky, with four appearances each. 
  
You could also buy your ticket in one of WA’s lottery hotspots. Kalgoorlie has had the most Division One wins over the past five years, with $31.7 million won by eight players.
  
Perth CBD is also a lucky place, with more than $26.4 million shared between 11 Division One ticket holders over the same period.
  
Morley has had the highest number of Division One winners with 12 tickets sharing $9.8 million.
  
The biggest Division One win of all time was $58.7 million, which was won in Victoria in the Powerball game in June 2008.

Source  :   www.thewest.com.au

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Builder first, then buy block

I WAS at the Mandurah City Soccer Club as a sponsor recently and, after a conversation with some members, it was apparent there is some confusion regarding building a new home, what is included, what to look for in selecting a block and the process.

With constant changes in the Building Codes of Australia (BCA), you cannot afford to take anything for granted.

I will try to shed some light on the process in future columns, to be published in the Mandurah Coastal Times.

I have extensive experience in the building industry. I started as an apprentice carpenter and sub-contractor. From there, I ran my own building firm and then went into sales and management for one of the largest building companies in WA.

My wife and I relocated to Mandurah six years ago. and I currently work for Danmar Homes as Peel regional manager.

I look forward to this column being of some assistance to all prospective new home buyers. Now for some quick tips:

Firstly, always select a builder before you purchase a block.

Ask if the builder builds to the standards of BCA. Their advice can save a lot of money and frustration.     

If you start right, the chances of problems down the track are limited.                                                                         

My next column will deal with the advantages of house-and-land packages.

To ask Barry a question, phone 9534 8844 or email barry.dye@danmar|homes.com

 

www.inmycommunity.com.au

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