Freo's View

FREO LANDLORDS SHOULD FOLLOW SUBI

Posted in city of fremantle, property, real estate, retail, Uncategorized by freoview on July 21, 2017

 

According to today’s POST newspaper Subiaco’s Rokeby Road is making a major comeback, due to landlords halving rents and Subiaco Council dropping alfresco and trading fees.

While vacancy rates in Fremantle are lower than the average in the metro area, high rents in our port city are a major worry for small retailers, and Fremantle Council is powerless to do anything about it.

I have suggested before that Freo Council should relax its alfresco fees during the Kings Square development to help traders in the area and should allow retailers to offer their wares out on the street.

Subiaco Council has offered bollards, space and decking to hospitality operators, so that creating alfresco spaces does not put a huge financial burden on them. Something the CoF should consider, I believe.

 

Roel Loopers

 

BE PART OF FREMANTLE’S BRIGHT FUTURE

Posted in city of fremantle, development, politics, property, Uncategorized by freoview on July 17, 2017

 

property-council

 

There is a lot of hot air in politics, and one-eyed blinkered judging of the other’s failures and one’s own greatness. In local politics one can add parochial polemic to it that is not helpful to get a balanced view of the facts.

It becomes understandable why many people don’t really now what is going on in Fremantle, because for some it is all positive while for others it is mostly negative.

I prefer facts over fake news, misinformation, and political point scoring.

It is often good to hear the opinion of out of towners and see how they assess the performance of Fremantle Council, as the promotion for a sundowner does.

According to the poster for an event of the Property Council of Australia with Mayor Brad Pettitt and Deputy Mayor Ingrid Waltham, Fremantle is undergoing its biggest revitalisation with unprecedented levels of public and private investment underway.

The PCOA also writes Most importantly, find out about the current and imminent investment opportunities. Be part of Fremantle now as its future is bright.

The Sundowner is on Friday July 28 from 3.30-5.30 pm at the Perth Convention and Entertainment Centre. It costs $ 135.00 for non-members and $ 90.00 for members.

 

Roel Loopers

POPULAR FREMANTLE AUCTION

Posted in fremantle, property, real estate, Uncategorized by freoview on May 6, 2017

 

auction

 

There was quite a bit of interest this morning at the  auction for the building on the corner of Marine Terrace and Cliff Street in Fremantle.

It is a beautiful building opposite the Shipwreck Museum and one minute away from Bathers Beach.

But I did not win the Lotto jackpot again on Thursday. ; >(

Roel Loopers

CAN FREMANTLE AFFORD ONE PLANET DEVELOPMENT?

Posted in city of fremantle, development, local government, property by freoview on February 27, 2017

The sale and development of the City of Fremantle Knutsford Street depot site is a bit of a conundrum for the City as ratepayers will rightly expect the best financial return for it, especially in light of the City’s very tight financial situation.

Council wants specific sustainability outcomes under the One Planet Living Framework, but experts indicate that might have a negative impact on the value of the property.

There are additional costs involved for developers and Landcorp, and they cite the WGV sustainable development and others as examples for that.

There are questions if the property market can bear the additional costs of OPLF development and still be competitive in a very tight residential market.

It is essential that Fremantle Council is totally transparent about this with the community as we can’t really afford to lose a few million dollars for ideological reasons.

Roel Loopers

IS HOUSING BECOMING UNAFFORDABLE?

Posted in development, fremantle, housing, lifestyle, property by freoview on January 24, 2017
LIV residential development with Heirloom apartments in the background.

LIV residential development with Heirloom apartments in the background.

 

While the LIV residential apartment project at Fremantle’s Queen Victoria Street is well under way, it is reported that Perth has one of the world’s least-affordable housing markets, according to property experts.

In a report published in the media today they state that house prices are more than six times the average income in Perth, which is $87,300.

According to Demographia, which compares housing affordability in cities of over one million population,  Australia’s major problem is urban containment planning policies.

Urban containment, infill and higher density policies in WA try to reduce urban sprawl by encouraging more density rather than releasing new so-called greenfields sites. This often negatively affects older character suburbs where inappropriately high and often ugly buildings are destroying the urban amenity.

Housing experts say that high house prices are not a sign of a city’s success but a sign of failure to deliver the housing that its citizens need. Affordable housing is no doubt impacted by high property prices and that is an additional worry.

Roel Loopers

FREO COLLIE STREET CARPARK SOLD

Posted in fremantle, property, real estate by freoview on October 26, 2016

One of the highest property sales in Fremantle for a long time has been completed with the $ 38 million sale of the Collie Street carpark in the city centre.

The uninspiring building was built in 2003.

Roel Loopers

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