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!
There is a good selection of property in all price ranges for buyers at prices lower than 8 years ago.
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.
So if you’re moving, I want to be part of your journey.
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.
Please call me today on 0413 655 962.
Chadi Damouni 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
Saunders Avenue COMO $522,500
Sold
3x1x2
Sold
3x1x1
Sold
Bessell Avenue COMO $562,500 Land
Sold
Ryrie Avenue COMO $1,000,000
Bessell Ave COMO $635,000
Sold
Todd Avenue COMO $645,000
Selling
1/40 Alston Avenue COMO Offers $900’s 4x2x2
Birdwood Avenue COMO $502,000
5x3x2
Sold
3x1x2
Sold
4x4x2
Bessell Avenue COMO $1,440,000
Monash Avenue COMO $735,000
3x1x1
Under Offer
2x1x1
Selling
3/40 Alston Avenue COMO $849,000 - $949,000 4x2x2
2/40 Alston Avenue COMO P.O.A. 4x2x2
Selling
1/50 Lockhart Street COMO From $1,300,000 4x3x2
Selling
3/50 Lockhart Street COMO From $1,200,000 4x2x2
DISCLAIMER: Please note, not all of the above properties were sold by Bourkes
Your professionalism and great attitude during the process from initial offer through to settlement was stress-free and we were completely satisfied with the service offered by yourself and your colleagues at Bourkes. We would not hesitate to recommend you to anyone considering buying or selling a property. P Lowney & M Cooke
“Chadi Damouni recently sold our home and we can not speak highly enough of him. Chadi not only acted professionally throughout the listing and sales process, his execution of taking our home to market was exceptional. Chadi was enthusiastic, he was creative and above all he was hard working which resulted in the very best outcome for us...our home was put ‘under offer’ after the first home open! Since engaging Chadi to sell our home, we have recommended him to my brother and Mum and Dad, who too have been left feeling very happy with Chadi’s services.” E Gillett
“Within two and a half days of listing, Chadi sold our house. He developed and implemented a great marketing strategy for us that worked amazingly well. Chadi even personally went around dropping off brochures in letterboxes around the neighbourhood. He was knowledgeable about the area and was able to advise on the pros and cons of each strategy. If you want someone to tell you the truth and work hard to sell your property at the best price possible, Chadi is your agent. We highly recommend him and will no doubt be signing him up whenever we have any properties for sale.” L Leong
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 Chadi Damouni Sales Executive 0413 655 962 chadi@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