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Suburb News Safety Bay Welcome to our Spring Suburb News.

on established home purchases this quarter, which may have a small effect on lower priced housing. Look out for a surge in new home construction sales. This will push up land prices which in time, will flow through to the established market.

Well, spring always signals the start of the season for home selling. Seasonally this is the time of year property owners prepare their homes for sale with the sunny weather providing motivation to tidy up and get going with future plans. This quarter we have seen some property speculators The good news is that making a quick, small profit Buyers are looking to buy. on homes they purchased The market is very active, within the last 12 months. mostly in the under This is most evident in the $500,000 bracket; however, under $350,000 sector of the higher end of the market the market. Suburbs like is definitely on the move. Cooloongup and Warnbro are good examples of this This activity can be trend. attributed to low interest rates and a new term for The total number of home government. sales in the Rockingham region was up again this Sadly, the First Home quarter by a further 10%. In Owners Grant was lowered fact, in every quarter of

2013, we have seen home sales increase from the previous quarter, so there is no doubt things are on the move. On another note, there where changes made to the R-codes in August by the Western Australian Planning Commission. This could affect your ability to subdivide your land if you own a larger block which is currently is zoned R20. If you are thinking of selling or subdividing your land, a visit to the planning commission’s web site would be a good idea. www.planning.wa.gov.au. You could also check with the City of Rockingham Planning Department on 9528 0333. Below is our market snap shot for your suburb. This

will provide you with last quarter’s figures, recently sold properties, as well as property currently for sale in your area. Hopefully, this information helps you keep abreast of the changes and trends in the Rockingham real estate market. Until our next quarterly Suburb News, we hope you enjoy the new season of spring with some gardening or a walk, in and around our beautiful suburbs and beaches. If we can help you with your goal of buying, selling, renting, or managing a property, please do not hesitate to call us. We look forward to helping you with your property needs.

Murray Brown – Principal

Median last 3 mths July 13 to Sept 13

Number Sales last 3 mths July 13 to Sept 13

$420K Prior Year July 13 - Sept 13

$350K

Ray White Rockingham

Average days on market July 13 to Sept 13

37 Prior Year July 13 - Sept 13

29

59 Prior Year July 13 - Sept 13

75


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

0

$200k - $300k

3

$300k - $400k

11

30%

$400k - $500k

14

38%

$500k - $600k

5

14%

$600k - $700k

1

3%

$700k - $800k

1

3%

$800k - $900k

2

5%

$900k - $1M

0

8%

Last 3 Months $400k-$500k 14 sales

Ray White Rockingham

37 sales


Recently Sold Safety Bay 220B Arcadia Drive $900,000

Safety Bay 1 Barbados Close $325,000

3

3

3

1

1

Safety Bay 21 Cascade Close $575,000

Safety Bay 7 Craig Mews $372,000

4

3

2

1

Safety Bay 4 Donald Drive $750,000

4

1

1

1

4

2

Safety Bay 13 Nettleton Way $550,000

3

4

2

2

Safety Bay 81A Penguin Road $460,000

Safety Bay 3 Salvador Close $487,000

4

3

1

2

Safety Bay 7 Vista Place $530,000

3

1

1

Safety Bay 3 Foster Street $535,000

Safety Bay 33 Kurrajong Road $270,000

1

1

1

2

2

1

Safety Bay 67 Waikiki Road $410,000

1

4

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

2

2


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

What I like most about Sharon is her endless time for you, her kindness, business manner and her attention to every detail. Give Sharon the reins and see her go - literally. Sharon's team did an exceptional job at telling the story of my lovely home by the beach for the world to see. Sharon and her team are up there among the best. Ray White are very fortunate to have invested in her. They are my dream team. Debbie Pike

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

I had the utmost pleasure in meeting Mary Walker when I decided to sell my home in December 2011 and relocate to NSW. I found Mary to be a very delightful, pleasant and professional person to work with. Mary’s dedicated passion to help a vendor was outstanding and I had a very stress free sale of my home. I would recommend her to anyone, who is thinking about selling or purchasing a home. N Bellwood

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 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 sept 2013