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Suburb News Rockingham Welcome to our first Suburb News for 2014. It has been a busy start to the New Year with home buying active in a stable but confident marketplace.

home. History shows that when second and third home buyers trade up, this purchase is usually long term – on average of about 10 years.

A growing trend among home owners and buyers is to “trade up,” electing to sell their current property and upgrade to a better one. With first home buyers and investors less active in the market, this trade up phase is normal, as second and third home buyers are flowing out of the lower end of the market. A typical upgrade scenario would be to sell a home for $350,000$450,000 and “upgrade” to a $500,000-$600,000

Our advice is to “Do Your Homework,” take your time, and buy well. This is a good market to trade up in for the long term; however, long term affordability is the key. The suburb of Rockingham definitely slowed in the past quarter, when compared to the final three months of 2013. The median price fell from $460,000 to $415,000. The number of sales dropped from 65 to 57 for the Jan-Mar 2014 Quarter, and the average

Median last 3 Months Jan 14 to Mar 14

Days on Market also increased from 61 days in the Oct-Dec 2013 quarter, to 64 days currently.

any home owner or house hunter, so keep an eye out for it in your inbox this coming July. If your details or email has changed, please give our Below is our market snap Client Relations shot for your suburb. This Department a call, and will provide you with last they will make sure you quarter’s figures, recently are kept up to date. sold properties, as well as property currently for sale Until then, we hope you in your area. We hope enjoy your Easter break this information is valuable and some relief from a hot to you and will help to and dry summer. If we keep you abreast of the can assist you in any way changes and trends in with buying, selling, your market place. managing, or leasing a Our next edition of this report will include our property, please do not 2013/2014 Market hesitate to contact us. Report, which incorporates all sales in your suburb for the full Murray Brown year. This is a great source of information for Principal

Number Sales last 3 Months Jan 14 to Mar 14

$415K Prior Year Jan 13 to Mar 13

$373K

Ray White Rockingham

Average Days on Market Jan 14 to Mar 14

57 Prior Year Jan 13 to Mar 13

75

64 Prior Year Jan 13 to Mar 13

72


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

0

$200k - $300k

4

$300k - $400k

22

39%

$400k - $500k

22

39%

$500k - $600k

5

9%

$600k - $700k

2

$700k - $800k

0

$800k - $900k

1

2%

$900k - $1M

1

2%

7%

4%

Last 3 Months $300k-$400k & $400k—$500k 22 sales each Ray White Rockingham

57 sales


Recently Sold Rockingham 4 Anzac Place $415,000

4

2

Rockingham 7 Aquila Close $307,500

2

3

1

1

Rockingham 13 Bay View Street $635,000

Rockingham 13 Chelwell Street $835,000

4

4

2

2

3

Rockingham 40 Highlander Parade $450,000

Rockingham 186 Kent Street $635,000

3

3

2

2

2

Rockingham 39A Lewington Street $480,000

Rockingham 17 Perseus Court $338,000

3

3

2

2

Rockingham 3 Roe Street $555,000

3

1

2

2

1

Rockingham 14 Samuel Street $1,200,000

1

Rockingham 4 Vickery Street $520,000

4

1

2

5

3

2

Rockingham 38 Warner Lane $360,000

2

3

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

1

1


Currently For Sale Rockingham 13/15 Baralda Court Offers From $300,000

Rockingham 33 Harrison Street $869,000

2

3

1

1

Rockingham 2/61 Jecks Street From $565,000

3

2

2

2

1

4

1

1

Rockingham 152 Lewington Street All Offers Considered

2

Rockingham 5 Puffin Close Make an Offer

3

3

Rockingham 22 Jecks Street From $585,000

Rockingham 3/121 Kent Street From $595,000

3

2

4

2

2

Rockingham 10 Regan Street $580,000

2

3

1

1

Rockingham 114 Simpson Avenue $335, 500

Rockingham 54 Stainer Avneue $350,000—$390,000

4

3

1

1

1

Rockingham 8/47 The Esplanade Offers From $800,000

Rockingham 25 Thorpe Street From $975,000

3

5

2

2

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

3

2

2


Testimonials What our customers are saying

It goes without saying that it is very important to select a real estate agent representative who is not only competent, but also professional, we were fortunate to have found Nola Tully from Ray White Rockingham. Nola was very genuine in her approach with a “GET IT SOLD” attitude. Our house was on the market for a week and there were offers on the table with a successful sale soon there after. This is a huge credit to her in a deflated market. Selecting a real-estate agent to sell your house is no different than shopping for a quality product and we believe that Nola is just that “Quality".

Matt Ryan Sharon maintained serious exceptional professionalism all throughout the process. She is very welcoming and always available to answer your calls or reply to sms and keeps her promise of calling you back ASAP if unavailable. She is genuine and will give proficient advice or pointers for consumer protection and genuinely happy to do extra work for you beyond her scope as long as she is capable or able to research on it. I am also overwhelmed by her knowledge of the business and legalities in real estate sales. It was her assuring and friendly approach plus creativity and fluency with house presentation, as evident on the video of our property, that made us sign up for Ray White. We just instantly felt that she was very TRUSTWORTHY. I have dealt and met heaps of real estate agents but Sharon truly outstood them all. Rey DeVilla & Cherryl Flalita With the sale of our home drawing to a close, I thought it an appropriate time to put pen to paper in an endeavour to give some recognition to the significant effort contributed to the sales process by our Real Estate Agent, Mr. Steve Wright. In short, Steve’s work ethic, his commitment to that ethic, and his wholly professional demeanour throughout the sales process, has been of an exemplary nature. Bearing in mind the above qualities, it is not surprising that my wife and I are thoroughly delighted with the very pleasing conclusion to the sale of our home. Mr & Mrs Hart

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, recently being awarded the prestigious REIWA Top Office by Listings Sold in the region 2012/2013, and Top Office for number of sales for Ray White WA for the past five consecutive years. 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.rockingham@raywhite.com 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

Rockingham mar 2014  
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