SUMMER 2016
COMO
MARKET
UPDATE
In this issue What’s Sold // Market Facts // Finance Update What’s Selling // Nice Words
WELCOME Welcome to 2016! Welcome to the Year of the Monkey and we hope it proves to be your year!
So if you’re moving, I want to be part of your journey.
The first quarter in any new year proves to be our busiest. This is because of transferees to Perth from the country, interstate and overseas.
Please call me today on 0421 677 856.
Como is a suburb that is always in demand due to its proximity to the city and its great educational facilities. Primary, secondary, private and tertiary options are all close by. There is a good selection of property in all price ranges for buyers at prices lower than 8 years ago.
James Thompson
Keep your face to the sunshine and you cannot see a shadow. Helen Keller
MARKET FACTS VOLUME OF SALES By Type HOUSES
62
UNITS
70
LAND
5
99
137
FOR SALE
SOLD
(Source REIWA as at 11/01/2016)
HOUSE SALES
UNIT SALES
Highest Sale
$1,650,000
Highest Sale
$875,000
Lowest Sale
$562,500
Lowest Sale
$208,333
FINANCE UPDATE The official cash rate as set by the RBA at its latest meeting on 1 December 2015 is 2.00%. The cash rate has remained at this level since May 2015.
SOLD & SELLING (DEC 2015 QTR) Sold
Canning Highway COMO $390,000
Sold
2x1x1
Sold
Labouchere Road COMO $875,000
3x2x3
Hazel Street COMO $670,000
2x1x1
McDonald Street COMO $1,400,000
3x2x2
Selling
1/207 Labouchere Road COMO All Offers Presented 4x1x3
Todd Avenue COMO From $999,000
4x2x4
Thelma Street COMO $1,015,000
4x2x2
Sold
4x2x5
Selling
4x2x4
Ryrie Avenue COMO $1,000,000
Sold
Sold
Under Offer
Lockhart Street COMO $1.299M
4x2x6
Sold
Sold
Gardner Street COMO $425,000
Thelma Street COMO $1,100,000
Sold
Eleanor Street COMO $520,000
2x1x2
Selling
3x1x2
Selling
5/105 Melville Parade COMO Mid to High $700’s 3x2x2
7/317 Canning Highway COMO High $500’s 3x2x2
Selling
228 Coode Street COMO High $1M’s
4x3x2
James was outstanding from start to finish. His salient advice, marketing knowledge and feedback was first class. I would recommend James to all sellers as a straight talking agent who knows his trade and is (always) an unashamed ambassador for the seller. After all, it is the seller that pays the fees.
James Thompson was ranked #18 in the Top 50 in Australia and #2 in Western Australia for the highest achieving real estate professionals under 30 years of age in 2015. *Awarded by Real Estate Business Online
R & T Teuchert
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
James Thompson “Como’s most trusted opinion” The James Thompson Team
0421 677 856 james@bourkes.com.au If you’d prefer to receive this report by email, please email me your details. 272 Canning Highway COMO / 08 9474 2000 / bourkes.com.au Connect with Bourkes /Bourkes.Property /@Bourkes_Property /BourkesTV /Bourkes