SUMMER 2016
RIVERVALE
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.
Rivervale 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 310 330.
Steven Webster Keep your face to the sunshine and you cannot see a shadow. Helen Keller
MARKET FACTS
(DEC 2015 QTR)
VOLUME OF SALES By Type HOUSES
20
UNITS
18
LAND
2
68
40
FOR SALE
SOLD
(Source REIWA as at 11/01/2016)
HOUSE SALES
UNIT SALES
Highest Sale
$690,000
Highest Sale
$815,000
Lowest Sale
$300,000
Lowest Sale
$189,000
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 IN YOUR AREA Sold
Gladstone Rd RIVERVALE $525,000
Sold
3x1x1
Sold
Campbell St RIVERVALE $1,500,000
3x1x1
Tanunda Dr RIVERVALE Price not disclosed
2x1x1
Kooyong Rd RIVERVALE $541,000
3x2x2
Selling
67 Toorak Rd, RIVERVALE From $599,000 3x1x1
St Kilda Rd RIVERVALE Price not disclosed
3x1x1
Sold
2x1x1
Sold
4x2x2
Gladstone Rd RIVERVALE $670,000 4x2x5
Sold
Sold
Sold
Desmond Pl RIVERVALE Price not disclosed
2x2x1
Sold
Sold
Tanunda Dr RIVERVALE Price not disclosed
Homelea Ct RIVERVALE Price not disclosed
Sold
Toorak Rd RIVERVALE $490,000 Land
Selling
6/12 Alexander Rd, RIVERVALE $475,000 3x2x2
Surrey Rd RIVERVALE Price not disclosed
3x2x2
Sold
Kooyong Rd RIVERVALE $500,000
3x1
Selling
3/148 Kooyong Rd, RIVERVALE $599,000-$649,000 3x2x2
DISCLAIMER: Please note, not all of the above properties were sold by Bourkes
We had 3 reps in and we were really impressed with Steven’s marketing strategy to maximise our chances of a great price in this hard market, we ended up getting over 40k more than the other reps thought we would get. Paul and Cindy
“We had another rep selling our property for nearly 6 months, steven was referred to us by a friend and when we had finished speaking with him we had a better idea of how our property should be marketed and sold it within 2 months of him taking over the listing and we couldn’t be happier we have sold another property through him since.” Rose & Peter
“I am based over east and really needed someone who understood the market and could work with tenants to help sell my investment property. Steven kept me up to date on a regular basis and negotiated a great result for me with the least amount of fuss, couldn’t have hoped for a better result.” Frank
IF YOU WOULD LIKE TO KNOW WHAT YOUR PROPERTY IS WORTH IN TODAY’S MARKET, PLEASE CALL ME TODAY FOR AN OBLIGATION FREE APPRAISAL Steven Webster - Sales Director 0413 310 330 steve@bourkes.com.au If you’d prefer to receive this report by email, please email me your details.
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