AUTUMN 2020
experience better
MANNING
MARKET UPDATE
In this issue Market Facts | Finance Update | What’s Sold What’s Selling | Words of Wisdom
WELCOME MARCH QTR With everyone left distancing and staying at home one would assume that sales would have slowed considerably.
Buyers are still out buying – using virtual tours, 3D tours, Facetime and WhatsApp showings then requesting a private viewing.
Not the case.
This will probably change the way properties are searched and viewed forever.
REIWA reported on 31 March that weekly sales were 603 down from 690 the week before and up from 469 the year before. We expect sales to reduce as isolation kicks in. After the hibernation we will return to another new normal-whatever that looks like. We just know that now is a sensational time for buying. For those with job stability jump in now!
On another topic, there’s nothing more comforting in these times of isolation as your own home. To have loved ones under your own roof and out of harms way is very comforting.
of security & well being that comes with owning your own home. Stay safe. As always, if you are thinking of buying or selling or would like a current market appraisal, please call me on 0405 709 763.
Kathryn Perin Sales Executive
Bob Menzies talked of housing as ‘MetaPhysical’- not just the physical nature of the house but the feeling
MARKET FACTS (MAR QTR 2020) VOLUME OF SALES By Type HOUSES
11
LAND
3
UNIT
0
12
14
FOR SALE
GONE
LAND SALES
HOUSE SALES Highest Sale
$900,000
Highest Sale
$590,000
Lowest Sale
$544,000
Lowest Sale
$511,000
(Source RP Data as at 08/04/2020)
FINANCE UPDATE BY GLEN AUSTEN - DIRECTOR - TAG FINANCIAL GROUP . ost of us have heard enough of the “unprecedented times” that we are in, so let’s look at the positives of the financial M sector and what is going on in the big wide world that we are not allowed to physically explore anymore. The Government is helping those with mortgages to maintain them by offering various stimulus options. The banks are helping by pausing (not waiving) repayments for 3 to 6 months, dropping rates, and offering loans to SME’s to help them maintain their businesses. Most importantly though, the banks are still open for business and lending money. Yes they are being a bit more cautious and ensuring that they lend to those they feel are of less risk, but they are still lending money, and lots of loan applications are still being submitted and getting approved. The world hasn’t stopped. It’s just got a really bad cold and we are all working together to shake it. In the process the savvy buyers and sellers are using this opportunity to their advantage!
SOLD & SELLING (MAR 2020 QTR)
Gone
Burnett Road MANNING $900,000
Gone
4x2x2
Gone
Henley Street MANNING $802,000
4x2x2
Marsh Avenue MANNING $550,000
3x2x2
3x1
Henning Crescent MANNING $629,000 3x2x2
Bruning Road MANNING Mid to High $500,000’s
3x2x2
3x2
Bruning Road MANNING $511,000 Land
Selling
3x1
Selling
Selling
Pether Road MANNING $738,000
Gone
Selling
Bradshaw Crescent MANNING Offers Over $1M 4x2x2
Griffin Crescent MANNING $590,000 Land
Gone
Gone
Selling
Griffin Crescent MANNING From $899,000
Canavan Crescent MANNING $572,500 3x1x1
Gone
Gone
Isabella Crescent MANNING $800,000
Gone
Conochie Crescent MANNING From $459,000 3 x 1 x21
* DISCLAIMER - Not all of the above GONE properties have been sold or listed by Bourkes
Downey Drive MANNING $549,000
3x1x1
Selling
Conochie Crescent MANNING $825,000 4x2x2
A STRESS FREE EXPERIENCE!
Kathryn is a wonderful agent that provides an exceptional service. She is efficient, very knowledgeable & communicates extremely well. We would not hesitate in recommending her to any potential buyers or sellers. Carolyn & Tim
“FABULOUS AGENT! We engaged Bourkes to sell our property in Perth on the recommendation by our neighbour and we were lucky enough to land Kathryn. It took sometime to sell the property and without Kathryn we would likely still be the owners! We found Kathryn to be totally trustworthy, a great communicator, totally authentic and genuine in her efforts to secure the best deal for us. We extended our relationship to a couple of social events and from a professional perspective were thoroughly impressed with the effort Kathryn put in. We would absolutely recommend Kathryn as the go to Real Estate agent to sell your property without hesitation.” K Walmsley “The transition from one home to another came with stressors, deadlines and decisions, however Kathryn was able to support us and enable us to manage this seamlessly. She was always available, efficient and professional.Kathryn understood our needs and was always supportive.She often went beyond what we would have expected and this was greatly appreciated. We would recommend her services without hesitation.” A & S Duryea
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Are you ready to experience better? It might be a better lifestyle, better family time, better financial security or just better advice. Whatever it is, when it comes to your property goals, let me help you experience better. With my experience and a genuine passion to help you experience better, get the right person on your team.
Kathryn Perin SALES EXECUTIVE Join the community @experiencebetter_kathrynperin @experiencebetterkathrynperin
0405 709 763
kathryn@bourkes.com.au
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