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Suburb News Hillman Merry Christmas and a Happy New Year! It seems like 2013 came and went in a flash! With record low interest rates, rising market activity and increased consumer confidence, 2013 has been a great year for the real estate industry. First home buyers constituted over 30% of all buyers for Western Australia in 2013, well above the country average. Unfortunately, the First Home Owners Grant was reduced on established homes in the later quarter of the year. The volume of sales is a much better indicator of

the state of the market than median price and in this regard things were quite healthy. At the start of the year sales turnover returned to its 15 year average.

In December last year the vacancy rate was a tight 1.9 per cent, but now sits at a much more relaxed 3.2 per cent. This is above average so rents are cooling.

There was a big boost of sales mid-year, a slump in September but another boost through October and November. Low interest rates, higher consumer confidence and growth in Perth’s median house price contributed to this.

As a state we remain robust, resilient and open for business.

The rental market has changed dramatically on the same time last year with the vacancy rate easing off and rents coming down.

Median last 3 mths Oct 13 to Dec 13

Below is our market snap shot for your suburb. This will provide you with the last quarter’s figures, recently sold properties as well as property currently for sale in your area. We hope this information is valuable to you and will help you keep abreast of the changes and trends in the Rockingham and surrounding real estate

Number Sales last 3 mths Oct 13 to Dec 13

$335K Prior Year Oct 12 to Dec 12

$280K

Ray White Rockingham

market. Until our next Suburb News, we hope you enjoy this beautiful time of the year and get out and about in our wonderful town. We have some of the best beaches in Australia, so be sure to enjoy them, whether it’s swimming, walking or riding the foreshore pathways. If we can assist you in any way to buy, sell, manage or rent property, please do not hesitate to call us.

Murray Brown Principal

Average days on market Oct 13 to Dec 13

12 Prior Year Oct 12 to Dec 12

6

19 Prior Year Oct 12 to Dec 12

50


Recent Activity Sales by Price - last 3 months Hillman House 0-$200k

1

8%

$200k - $300k

2

17%

$300k - $400k

9

75%

$400k - $500k

0

$500k - $600k

0

$600k - $700k

0

$700k - $800k

0

$800k - $900k

0

$900k - $1M

0

Last 3 Months $300k—$400k 9 sales

Ray White Rockingham

12 sales


Recently Sold Hillman 112 Calume Street $366,000

Hillman 27 Darile Street $310,000

4

3

2

1

Hillman 4 Gilba Close $335,000

3

1

1

1

Hillman 54 Milina Street $270,000

1

Hillman 97 Unnaro Street $355,000

4

1

3

2

2

Hillman 1 Wendo Court $345,000

1

4

Ray White Rockingham Market Report includes properties sold by Ray White Rockingham and Other Estate Agents

1

1


Testimonials What our customers are saying

Andrew and myself would both like to extend to you our sincere thanks and appreciation for your professionalism and hard work in selling our property in Warnbro. Lindi handled the many issues which arose with high degree of professional skill and somehow managed to bring the sale together against all odds. We are very appreciative of the extra time Lindi afforded our situation and the sale of our property. Lindi efforts far exceeded our expectation of a Real Estate Agent and your relentless efforts rewarded us with a result which also exceeded our expectations. Best wishes for the future.

Michael, Waikiki Previous experience proved we had a difficult property to sell, and we when we approached Trish, we had our doubts anyone could sell it. The interest it generated in our property in just the first week surpassed anything we'd seen in the previous six months. Trish made the whole experience a positive one, with her incredibly motivated, happy and caring attitude, and she proved that going just that extra mile makes all the difference! I have already recommended Trish to friends who are buying and selling and will continue to do so in the future.

Andrea, Pete, Stella and Sophia

Since the beginning Lea Satie has provided me with friendly and professional service and for this I am truly grateful. It was for this reason that I chose her to manage my property and I was nothing more than impressed. Within days she had the ‘For Sale’ sign up, house listed on the internet and had already organised a home open for that weekend. To my astonishment Lea managed to sell the house in two days, a lot faster than I expected! I would like to thank her for the way she professionally handled the sale and would highly recommend Lea’s services to others in the area looking to sell their property.

Renee Guazzelli

Ray White Rockingham


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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, recently being awarded the prestigious REIWA Top Office by Listing Sold, in the region 2012/2013 and Top Office for number of sales for Ray White WA. We know firsthand what makes the area and the lifestyle attractive. What’s more, we know what motivates buyers in the local market.

Contact Ray White Rockingham T 08 9527 8322 F 08 9527 8445 E mail@rwrockingham.com.au Shop 5, “The Boardwalk” 7 Railway Terrace, Rockingham WA 6168 raywhiterockingham.com.au

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.

Disclaimer: Sales information is based on sales data recorded with reiwa.com (within the last 4 months). We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies. Recipients should make their own enquiries to verify the information contained in this document. Market Report includes properties sold by Ray White Rockingham and Other Real Estate Agents


Hillman dec 2013