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					                                    Perth                                                                        www.peet.com.au
                                    Level 7, 200 St Georges Terrace Perth WA 6000
                                    Telephone (08) 9420 1111 | Facsimile (08) 9481 4712
                                    Email perth@peet.com.au




15 February 2007


Carramar named one of Perth’s hot spots

Good news for Carramar Golf Course Estate residents with the suburb predicted to be a top
market performer over the next five years.

The Property Outlook Report 2007, launched earlier this month, identifies 21 suburbs
expected to experience significant growth in the short term including Carramar, Iluka and
Mindarie.

Peet Limited Managing Director Warwick Hemsley said that the northern corridor is one of
the fastest growing areas of Western Australia.

“With more than 6,500 people moving into the City of Wanneroo each year, suburbs like
Carramar will continue to grow in value,” he said.

Growth in Carramar reflects the success of Peet Limited’s Carramar Golf Course Estate, one of the
most popular residential developments in the northern corridor with 90% of lots already sold.

Quality in the planning and development of the estate saw the Carramar Golf Course Estate achieve a
Urban Development Institute of Australia (WA) Award for Excellence and a City of Wanneroo
Environmental Excellence Award.

Mr Hemsley said the estate caters for a range of homebuyers with separate precincts offering lots to
suit different lifestyles.

“Carramar Golf Course Estate has beautiful natural parklands, which is another drawcard for families,”
he said.

The estate is conveniently located between Currambine and Joondalup train stations, and only minutes
from the ocean.

A new community centre, two primary schools and a secondary school are located within the estate,
and there are plans for a new shopping centre.

“Facilities like these ensure Carramar properties will continue to grow in value,” said Mr Hemsley.

There are currently lots available in the Carramar Heights and Delamare Park precincts with prices
around $250,000 in Delamare Park and $300,000 in Carramar Heights.

The sales office can be contacted on 9306 4077 or for further information visit
www.carramarestate.com.au




  Perth | Melbourne | Brisbane
  Enriching lives since 1895 | Asset Manager | Land Syndicator | Fund Manager
  Peet Limited | ACN 008 665 834 | Australian Financial Services Licence 225772 | Licensed Real Estate Agent in WA
                                    Perth                                                                        www.peet.com.au
                                    Level 7, 200 St Georges Terrace Perth WA 6000
                                    Telephone (08) 9420 1111 | Facsimile (08) 9481 4712
                                    Email perth@peet.com.au



ENDS

For media enquiries, please contact:

Louisa Mitchell
Mills Wilson Communication Consultants
Tel: (08) 9228 1999
Mob: 0434 308 208
louisam@millswilson.com.au




  Perth | Melbourne | Brisbane
  Enriching lives since 1895 | Asset Manager | Land Syndicator | Fund Manager
  Peet Limited | ACN 008 665 834 | Australian Financial Services Licence 225772 | Licensed Real Estate Agent in WA

				
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