SUMMER 2019
COMO
MARKET UPDATE
In this issue Market Facts | Finance Update | What’s Sold What’s Selling | Words of Wisdom
WELCOME 2019 has started well with good numbers through home opens and multiple sales.
If you are advising family or children to buy then now is that time.
Farmers are back in the market as a result of anticipated good harvests and prices this year.
As always, if you are thinking of buying or selling or would like a current market appraisal, please call me on 0406 320 938.
Equipment spending was up 17.5% on an average basis. Population was also growing at the fastest rate in 3 years and employment is growing. Other reports by CCI, showed $108 billion of resources coming on line concentrating on iron ore, lithium and rare earths.
Tony de Graaf Sales Executive
We are returning to a normal cycle having spent 4 years in the doldrums.
MARKET FACTS (DECEMBER QTR 2018) VOLUME OF SALES By Type HOUSES
21
UNITS
2
LAND
39
HOUSE SALES
165
62
SELLING
GONE
UNIT SALES
Highest Sale
$1,820,000
Highest Sale
$850,000
Lowest Sale
$580,000
Lowest Sale
$260,000
(Source Corelogic as at 31/01/2019)
FINANCE UPDATE At its latest meeting on 5th February, the RBA opted to leave the official cash rate on hold at 1.5%. This marks the twenty-eighth meeting in a row where the RBA has left rates unchanged, with the last rate change taking place in August 2016, a 25 basis point rate cut.
SOLD & SELLING Gone
Ruth St COMO $890,000
Gone
4x2x2
Gone
Gardner St COMO $457,000
2x1x1
4x2x4
Rober St COMO $905,000
1/8 Leonora St COMO From $579,000
3x1x2
7 Hamlin Rise COMO From $899,000
3x3x2
64b Axford St COMO From $1,199,000
4x1x2
Lockhart St COMO $1,199,000
4x2x3
Selling
3x1x1
2/24 Gardner St COMO From $499,000
3x1x2
Selling
4x2x2
Selling
4x2x3
Comer St COMO $699,000
Gone
Selling
Selling
64a Axford St COMO From $849,000
3x2x2
Selling
Selling
6/29 Eric St COMO From $499,000’s
Gardner St COMO $580,000
Gone
Gone
Gone
Birdwood Ave COMO Contact Agent
(DEC 2018 QTR)
10/28 McDonald St COMO From $529,000
3x1x2
Selling
3x2x2
410D Canning Hwy COMO From $429,000 2x1x2
Tony was outstanding from start to finish. His marketing strategy,
knowledge, communication and negotiation with the buyers was exemplary. He and enthusiastically to get our property sold in a difficult market.
“Tony was able to sell my house, obtain a good price and for this alone, I was happy. However the service he provided went above and beyond the service levels I expected. This makes him an excellent agent and I would recommend him without hesitation.”
Pam and Daniel Graves
Adrian Ong
worked tirelessly
“We have had multiple dealings with Agents over the years and as many of us know, there are some that are pushy, others are insipid, some we don’t ‘gel’ with and others that are full of it. Tony is like a breath of fresh air!! He is quite unique; professional, reliable, honest and personable! We highly recommend Tony’s services to anyone looking to buy or sell a property.” John Gull
If you are considering a move soon or would like to know what your property is worth in today’s market, please contact me at any time. Tony de Graaf SALES EXECUTIVE 0406 320 938 tony@bourkes.com.au If you’d prefer to receive this report by email, please email me your details.
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