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Suburb News Safety Bay 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

$433K Prior Year Oct 12 to Dec 12

$410K

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

52 Prior Year Oct 12 to Dec 12

41

55 Prior Year Oct 12 to Dec 12

85


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

1

2%

$200k - $300k

2

4%

$300k - $400k

17

33%

$400k - $500k

22

42%

$500k - $600k

6

12%

$600k - $700k

3

6%

$700k - $800k

0

$800k - $900k

1

$900k - $1M

0

2%

Last 3 Months $400k-$500k 22 sales

Ray White Rockingham

52 sales


Recently Sold Safety Bay 1 Bolivar Court $495,000

4

2

Safety Bay 35 Cascade Close $530,000

2

Safety Bay 1 Crawford Court $630,000

4

2

1

2

1

1

1

2

2

2

2

4

2

3

4

2

2

Safety Bay 11 Port Royal Drive $395,000

1

Safety Bay 10 Radford Place $643,219

4

4

Safety Bay 47 Hawker Street $395,000

Safety Bay 23 Heaton Way $465,000

4

2

Safety Bay 5 Edith Road $630,000

Safety Bay 2 Gosforth Court $570,000

2

2

Safety Bay 4 Cutlass Place $455,000

Safety Bay 98 Donald Drive $460,000

3

4

4

2

2

Safety Bay 21 Seahaven Street $435,000

2

4

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

1

3


Currently For Sale Safety Bay 61 Kingston Way All Offers Considered

Safety Bay 12 Madeira Place From $500,000

4

4

2

2

2

2

Safety Bay 19 Mayfield Road All Offers Considered

Safety Bay 18 McClure Street Buy Before Tender

4

4

2

2

Safety Bay 90 Penguin Road $400,000

3

Ray White Rockingham

1

2

1

Safety Bay 7/224 Safety Bay Road From $319,000

0

2

2

1


Testimonials What our customers are saying

The ideas that Sharon gave us to prepare our house to go to market were fantastic. Some of the things she suggested we wouldn't have thought of ourselves. The photos that went on the real estate websites and the professional video produced by Sharon’s marketing team were outstanding. Our home sold in just two days and achieved as close to the price we were after as you could get. Sharon couldn't help us enough every step of the way. She answered every call, every email and helped us through any problems. I highly recommend anyone who is thinking of buying or selling in the area to use Sharon from Ray White Real estate.

Brad Keenan, Safety Bay All this happened just before we went overseas for 6 weeks and so we left everything in Mary’s hands. It was while we were in Turkey that Mary negotiated the sale. As you can imagine this didn’t make things easy for her. However, vast distances, conflicting time zones and our inaccessibility much of the time were not impediments to Mary’s efficiency and effectiveness. She left it until we returned to deal with final details but she had done everything that was essential in our absence. She was impressive, doing everything necessary to make the sale come together and using her initiative to get over unusual hurdles caused by our travels. We now regard Mary as much more than simply our estate agent but as a person we are delighted to have as a friend.

Kateryna Longley Being first home buyers can be exciting but very overwhelming at the same time. James and I had been searching for a few months when we came across our beautiful first home. Peter Padovan from Ray White was so incredibly helpful with getting the ball rolling and informative of things we just didn't know about. We did not feel pressurised or scared of the final purchase just relaxed during the paper trail and very satisfied with the outcome. Our first ever home of our own. Thanks Peter! Thank you Ray White!

Leilani Easton

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 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 raywhitrockingham.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

Safety bay dec 2013  
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