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Suburb News Shoalwater 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 Shoalwater property market was the most consistent of all the Rockingham suburbs in the Jan-Mar 2014 period. We saw little to no change to the median price and the number of sales and days it took to sell, all remaining stable. The suburb of Shoalwater is

Median last 3 Months Jan 14 to Mar 14

tightly held by home owners and is always a reliable and stable investment.

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 Below is our market snap changed, please give our shot for your suburb. This Client Relations will provide you with last Department a call, and quarter’s figures, recently they will make sure you sold properties, as well as are kept up to date. property currently for sale in your area. We hope Until then, we hope you this information is valuable enjoy your Easter break to you and will help to and some relief from a hot keep you abreast of the and dry summer. If we changes and trends in can assist you in any way your market place. with buying, selling, 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

$512K Prior Year Jan 13 to Mar 13

$349K

Ray White Rockingham

Average Days on Market Jan 14 to Mar 14

23 Prior Year Jan 13 to Mar 13

35

60 Prior Year Jan 13 to Mar 13

95


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

0

$200k - $300k

1

4%

$300k - $400k

5

22%

$400k - $500k

22%

$500k - $600k

5 9

$600k - $700k

0

10%

$700k - $800k

1

4%

$800k - $900k

1

4%

$900k+

1

4%

39%

Last 3 Months $500k—$600k 14 sales Ray White Rockingham

23 sales


Recently Sold Shoalwater 12 Amity Circuit $512,000

4

2

Shoalwater 196 Arcadia Drive $1,100,000

2

Shoalwater 25 Atrion Lane $535,000

3

2

2

1

1

Shoalwater 39 Fifth Avenue $900,000

2

5

2

2

Shoalwater 28 Frederick Street $317,000

Shoalwater 133 Gloucester Avenue $820,000

3

3

1

3

Shoalwater 16 Hodges Street $400,000

2

1

2

2

Shoalwater 7 Mandoo Road $465,000

1

Shoalwater 8 Mersey Road $565,000

3

2

4

2

1

Shoalwater 2 Pape Place $570,000

1

3

1

2

Shoalwater 24 Rhapsody Close $516,500

Shoalwater 12 Vitesse Approach $540,000

4

4

Ray White Rockingham

2

2

2

2


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 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 a 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’s 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 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

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 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

Shoalwater mar 2014  
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