South Perth Market Update - Alan Bourke

SUMMER 2016

SOUTH PERTH In this issue What’s Sold // Market Facts // Finance Update What’s Selling // Nice Words

MARKET

UPDATE

WELCOME Welcome to 2016, 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.

South Perth 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 0419 474 240.

Alan Bourke 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

13

APARTMENTS

41

LAND

0

VILLAS

2

288

59

TOWNHOUSES

3

FOR SALE

SOLD

HOUSE SALES

APARTMENT SALES

Highest Sale

$2,801,000

Highest Sale

$2,550,000

Lowest Sale

$725,000

Lowest Sale

$275,000

VILLA SALES

TOWNHOUSE SALES

Highest Sale

$810,000

Highest Sale

$820,000

Lowest Sale

$530,000

Lowest Sale

$625,000

(Source RPData as at 11/01/2016)

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

Wattle St SOUTH PERTH $1,650,000

Sold

4x2x1

Sold

Mill Point Rd SOUTH PERTH $476,000 3x2x2

Sold

Arlington Ave SOUTH PERTH $825,000 3x1x1

Sold

Mill Point Rd SOUTH PERTH $1,230,000 3x2x2

Selling

9/51 Mill Point Rd SOUTH PERTH From $1.35M 3x2x2

Elizabeth St SOUTH PERTH $2,220,000 4x3x2

Sold

Arlington Ave SOUTH PERTH $1,055,000 4x2x2

Sold

South Tce SOUTH PERTH $620,000 3x2x2

Selling

14 Delamere SOUTH PERTH AUCTION 4x4x4

Selling

20 Ridge St SOUTH PERTH Early $2M’s 3x2x3

Sold

Angelo St SOUTH PERTH $910,000

3x1x1

Sold

Melville Pde SOUTH PERTH $800,000 3x2x2

Sold

Hampden St SOUTH PERTH $380,000 2x1x1

Selling

37 Hensman SOUTH PERTH $1,195,000 3x2x2

Selling

61 Coode St SOUTH PERTH $1.65M 4x2x4

Thank you Alan for all your help. You are truly 100% professional, helpful and an all-round nice guy.

“Professionalism, experience and integrity are rare in today’s world but they are very evident in Alan Bourke, who like a good wine gets better all the time.”

R. Schokman & M. Combes

L. & A. McCloy

Dr. D. Ducrow

“I have found Alan to be an honest, experienced and caring real estate agent.”

P. Strickland

“Alan Bourke gave us quality at all times. It was a pleasure to do business with your company.”

IF YOU WOULD LIKE TO KNOW WHAT YOUR PROPERTY IS WORTH IN TODAY’S MARKET, PLEASE CALL US TODAY FOR AN OBLIGATION FREE APPRAISAL Alan Bourke Principal / Auctioneer 0419 474 240 alan@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