WINTER 2017
MANNING
MARKET
UPDATE
In this issue What’s Sold // Market Facts // Finance Update What’s Selling // Nice Words
WELCOME HOME OPEN NUMBERS ARE UP! Most sales people and agents are reporting better viewing numbers at their home opens. Previously we saw an average of 3 per home open. This has doubled in the last month. On one home open recently, we had 40 groups through! In addition to this, we are seeing multiple offers on the same property.
The decision is being made by many owners to sell first, allow enough time to find another and then settle on theirs. Others are happy to rent once they have sold so they can put in a cash offer and beat other offers which involve finance or subject sales.
Please call me today on 0405 709 763.
What buyers have realised is that:
Kathryn Perin
1.
It is the time to buy
2.
Finance is cheap
3.
It’s getting harder to find the right property
A house is built by hands, but a home is built by heart.
MARKET FACTS VOLUME OF SALES
By Type
HOUSES
18
UNITS
0
LAND
0
HOUSE SALES
18
18
FOR SALE
GONE
LAND SALES
Highest Sale
$1,000,000
Highest Sale
NIL
Lowest Sale
$675,000
Lowest Sale
NIL
(Source REIWA as at 31/07/2017)
FINANCE UPDATE At its latest meeting on the 1st August the RBA opted to leave the official cash rate on hold at 1.5%. This follows new data that indicates the strong Sydney and Melbourne property markets may be close to peaking following APRA’s intervention into the levels of interest only and investment lending the banks are funding. The banks however are raising rates independent to the RBA by 0.25 - 0.50%.
GONE (JUNE 2017 QTR) Gone
Welwyn Ave MANNING $705,000
Gone
4x2x1
Gone
Cloister Ave MANNING $837,000
2x1x1
3x2x2
4x2x2
Parsons Ave MANNING $929,000
3x2x2
Parsons Ave MANNING $675,000
6x3x2
Crawshaw Cres MANNING $809,000 2x1x1
Henning Cres MANNING $915,000
4x2x2
Gone
3x2x2
Gone
3x2x2
3x2x2
Gone
Gone
Gone
Marsh Ave MANNING $680,000
Henning Cres MANNING $810,000
Godwin Ave MANNING $740,000
Gone
Gone
Gone
Hope Ave MANNING $830,000
4x2x2
Gone
Gone
Bickley Cres MANNING $820,000
Craigie Cres MANNING $1,000,000
Gone
7a Parsons Ave MANNING $840,000 4x2x2
Hope Ave MANNING $830,000
4x2x2
Gone
Pether Rd MANNING $600,000 Land
* DISCLAIMER - Not all of the above GONE properties have been sold by Bourkes
HARD WORKING, GENUINE, HONEST & ALWAYS CLIENT FOCUSSED! Kathryn had to work extremely hard to get our property sold in a tough market. She communicated extremely well and always took into account our personal situation which was appreciated. In particular her local knowledge and market awareness is one of her key strengths. M Grey
“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
IF YOU WOULD LIKE TO KNOW WHAT YOUR PROPERTY IS WORTH IN TODAY’S MARKET, PLEASE CALL ME TODAY FOR AN OBLIGATION FREE APPRAISAL Kathryn Perin
SALES EXECUTIVE Reputation, Reliability, Results!
0405 709 763 kathryn@bourkes.com.au Join me on Facebook 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