suburb news - avada creative · 2013. 3. 12. · north mandurah last 3 months 50 sales 0-$200k...
TRANSCRIPT
Ray White Rockingham
Suburb News North Mandurah
Median last 3 mths
Oct 12 to Dec 12
Number Sales last 3 mths
Oct 12 to Dec 12
$390K
50
Welcome to our summer
edition of the Suburb News.
Summer is in full swing and
the beaches of our sunny
region are alive with locals and
visitors enjoying our
outstanding shoreline.
Swimming, walking or
exercising - everybody is out
and about.
Hopefully your New Year’s
resolutions are coming along
well. For those that don’t have
any big plans for 2013, that’s
ok because the real estate
market is showing signs of
growth for the first time since
2006. Sale prices are now
returning to levels not seen
since the peak of the last
property boom some 6 years
ago.
Property investors are well
aware of the cyclical nature of
the property market and
history shows that every 8 to
12 years the property market
completes an entire cycle
boom to bust.
Since our spring edition of the
Suburb News the market has
continued to tighten with all
suburbs of Rockingham
recording more sales than the
spring quarter and less
properties being introduced
for sale.
The time it is taking to sell a
property is also falling. When
compared to 2011 it has
almost halved; on average
from 128 days in 2011 to 69
days in 2012. The percentage
of homes selling that have
come onto the market on
average has also increased
from 65% - 75%.
These trends strongly suggest
to us that the property market
is now in a growth phase, as
we predicted early last year
and should continue to grow
in the short term, by how
much is yet to be seen.
With the changing market
some sellers are holding back
from making a decision to sell.
However for those property
owners looking to upgrade
their homes, the current
market is traditionally the best
market in which to upgrade
your property.
Rental properties are still in
high demand with tenants
frustrated at having so much
competition for a property.
This high demand is causing
rent rates to continue in an
upward trend with more
tenants now starting to
purchase homes. This has a
positive flow on effect for
second and third home buyers
and also should result in a
slowing rental market and a
leveling out of weekly rental
amounts.
Below is our market snapshot,
which will give you the last
quarters figures, the recently
sold properties and current
listings in your area.
Until our autumn property
report, take some time to
enjoy this amazing beach
weather we are having. This is
an exciting time for the
Rockingham region as strong
growth and development
underpin the attraction to call
our city home.
If we can help you with
anything at all in your quest to
buy and sell a home or to rent
or manage a property then
please call us.
We look forward to helping
you.
Murray Brown –
Principal
28%
Ray White Rockingham
Recent Activity
Sales by Price - last 3 months
North Mandurah
Last 3
Months
50
sales
0-$200k
$200k - $300k
$300k - $400k
$400k - $500k
$500k - $600k
$600k - $700k
$700k - $800k
$800k - $900k
$900k - $1M
House
0
28
14
7
0
1
0
0
0
9%
56%
14%
2%
$300k-$400k
28 sales
Recent Sales Madora Bay
32 Angalore Road
$499,000
4 2 2
Lakelands
78 Cawana Parkway
$400,000
4 2 2
Meadow Springs
24 Finchley Avenue
$380,000
4 2 2
Lakelands
35 Malata Ridge
$510,000
4 2 2
Meadow Wprings
66 Oakmont Avenue
$305,000
3 1 2
Lakelands
31 Teague Way
$463,000
4 2 2
Meadow Springs
22 Brackenridge Ramble
$570,000
4 1 2
Madora Bay
4 Chilena Place
$715,000
4 2 2
San Remo
6 Karinga Road
$300,500
3 1 3
Meadow Springs
119 Meadow Springs Dr
$375,000
4 2 2
Madora Bay
10 Tamar Break
$525,000
4 2 2
Lakelands
118 Yindana Boulvard
$540,000
3 2 2
Ray White Rockingham
32 Fairway Crescent
$410,000
4
2
1
24 Finchley Avenue
$380,000
4
2
2
6 Karinga Road
$300,500
3
1
3
25 Guillardon Terrace
$475,000
4
2
2
58 Catalina Drive
$360,000
4
2
2
91 Cawana Parkway
$422,500
3
2
2
3 Cimarron Edge
$523,000
4
2
2
54 Challenger Road
$385,000
3
1
1
21 Camden Way
$390,000
4
2
2
82 Camden Way
$389,000
4
2
2
Recent Sales 1 Augusta Mews
$350,000
4
Ray White Rockingham
2
2
11 Bellerive Pass
$360,000
4
2
2
21 Finchley Avenue
$350,000
4
2
2
13 Glenbawn Vista
$400,000
4
2
2
14 Kirkland Way
$410,000
4
2
2
41 Inverness Drive
$355,000
4
2
2
78 Cawana Parkway
$400,000
4
2
2
5 Chalice Rise
$430,000
4
2
2
2 Cobaki Brace
$580,000
4
2
2
4 Chilena Place
$715,000
4
2
2
39 Camden Way
$389,000
4
2
2
5 Caslano Road
$380,000
4
2
2
16 Badgerup Avenue
$450,000
4
2
2
10 Calder Nook
$327,250
4
2
2
50 Selene Way
$375,000
4
1
1
31 Teague Way
$463,000
4
2
2
1 Woorabinda Rise
$360,000
4
2
2
16 Winslow Crest
$455,000
3
2
2
8 Nuchea Vista
$485,000
4
2
2
160 Oakmont Avenue
$825,000
4
2
2
20 Prentice Way
$390,000
4
2
2
201 Oakmont avenue
$339,000
4
2
2
6 Montague Pass
$435,000
4
2
2
3 Moonbrook Way
$365,000
4
2
2
Recent Sales 35 Malata Ridge
$510,000
4
Ray White Rockingham
2
2
92 Meadow Springs Drive
$365,000
4
2
2
10 Tamar Break
$525,000
4
2
2
5 Vermont Avenue
$312,500
3
1
2
22 Monterey Crescent
$540,000
3
2
2
22 Winslow Crest
$350,000
3
2
2
66 Oakmont Avenue
$305,000
3
1
2
170 Oakmont Avenue
$349,000
4
2
2
16 Seawind Drive
$368,000
3
1
1
44 Pebble Beach Road
$385,000
4
3
2
11 Montague Pass
$390,000
4
2
2
13 Myalla Pass
$360,000
4
2
2
15 Maritime Road
$595,000
3
1
2
119 Meadow Springs Drive
$375,000
4
2
2
Ray White Rockingham
Testimonials
What our customers are saying
Thank you for all your efforts in the recent sale of our investment property in Port Kennedy.
Steve provided honest and constructive criticism together with enthusiasm to try your best to
make a sale. Your advice was refreshing and productive and we believe beneficial to the
approach of marketing the property. Communications were open and easy via emails and text,
we always felt comfortable with any questions throughout the marketing, negotiations and finally
sale and settlement. I would have no hesitation in requesting your services if the opportunity
arises again.
L Stewart
Craig Webb sold my house in Bertram. My wife and I had picked Craig as the preferred real
estate agent, once we spoke to others in the industry we realised the professionalism that Craig
portrayed. Craig sold our house in record time and got us the price we were after. Throughout
the selling process Craig was professional and I believe the best person for the job. I would
recommend Craig Webb to anyone who wishes to sell their house.
A Bizzintino
We would like to thank Trish Nepia from Ray White in Rockingham for her outstanding service.
When selling our investment property recently Trish was at all times professional, dedicated and
determined to achieve the best outcome for us. She kept us informed at all stages of the
process and acted with honesty, integrity and friendliness. We would not hesitate to
recommend Trish and her team at Ray White, Rockingham to any other potential buyers or
sellers.
D & L Nistelberger
Ray White Rockingham
Insert PM offers & Job offers here...
Property Management Services
If you are ready to explore new ways to maximise your investment potential, now
is the time to contact the Property Management team at Ray White Rockingham
Ray White Rockingham
A business of pride At Ray White we get you more.
Here’s how.
At Ray White Rockingham we work harder for our
customers.
With the benefit of experience, we take the time to
understand your needs up front. During the campaign,
we use a refined set of processes that have been
specifically designed to get you the best possible price
for your property. Ray White Rockingham continuously
receives industry wide recognition, being awarded the
prestigious REIWA Top Office by Listing Sold, South of
the River 2011/2012.
We know firsthand what makes the area and the
lifestyle attractive. What’s more, we know what
motivates buyers in the local market.
Our comprehensive past client and buyer database
ensures that your property is presented to more
genuine buyers, to maximise the competition to buy
your property.
Contact Ray White Rockingham
T 08 9527 8322
F 08 9527 8445
Shop 5, “The Boardwalk”
7 Railway Terrace,
Rockingham WA 6168
raywhiterockingham.com.au