Salter Point Market Update - Winter 2017

Page 1

WINTER 2017

SALTER POINT In this issue What’s Sold // Market Facts // Finance Update What’s Selling // Nice Words

MARKET

UPDATE


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: 1.

It is the time to buy

2.

Finance is cheap

3.

It’s getting harder to find the right property

Kathryn Perin A house is built by hands, but a home is built by heart.

MARKET FACTS VOLUME OF SALES By Type HOUSES

6

UNITS

0

14

6

LAND

0

FOR SALE

GONE

HOUSE SALES

LAND SALES

Highest Sale

$1,650,000

Highest Sale

NIL

Lowest Sale

$550,500

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) Gone

Gone

Sulman Ave SALTER POINT 4x3x4

Gone

Gone

Welwyn Ave SALTER POINT 4x3x2

Sulman Ave SALTER POINT 4x3x2

Roebuck Dr SALTER POINT 2x2x2

Gone

Gone

4x2x3

Redmond St SALTER POINT 3x2x2

Gone

Gone

Letchworth Centre Ave SALTER POINT

Welwyn Ave SALTER POINT Land

Gone

Gone

Hope Ave SALTER POINT

Salter Pt Pde SALTER POINT 3x2x2

4x2x2

Unwin Cres SALTER POINT Land

Gone

Salter Pt Pde SALTER POINT 4x2x2

Gone

Success Cres SALTER POINT 4x3x2

Gone

Klem Ave SALTER POINT

4x2x2

Gone

Unwin Cres SALTER POINT

3x1

Gone

Unwin Cres SALTER POINT 4x2x2

* DISCLAIMER - Not all of the above SOLD 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

market awareness is one of

and

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


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