Tag Archives: buying houses
Swan Valley Realty News: Ellenbrook Bus Rapid Transit (EBRT) Way overview
Ladies Night Market in the beautiful surrounds of The Vines Resort
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REIWA Perth sales activity on the rise
Perth sales activity on the rise
NEW
04 March 2016
Sales activity in the Perth metro area increased significantly in February.
REIWA President Hayden Groves said the market had enjoyed a healthy rebound following the Christmas and New Year dip.
“reiwa.com data shows sales activity in Perth lifted 16 per cent over the month and five per cent when compared to November 2015.
“We’ve also seen that weekly sales over the last three weeks are higher than they were at the same time last year. While it’s too early to call this a trend it’s a good indicator that mobility in the market is beginning to improve,” Mr Groves said.
At a sub-regional level, the Central sub-region had the strongest increase in sales activity over the month lifting a healthy 37 per cent, followed by the North West sub-region with a 24 per cent lift.
“Baldivis in the South West sub-region and Canning Vale in the South East sub-region were the top selling suburbs in February, followed by Scarborough in the Central sub-region,” Mr Groves said.
Perth’s median house price etched back 1.1 per cent in the three months to February, coming in at $529,000.
Listings
Mr Groves said there had been a three per cent increase in listings stock in February which wasn’t surprising as vendors traditionally returned to the market at the start of the year.
“This is a marginal increase given the time of year, but it’s significant to note that listings are now eight per cent lower than they were in November which suggests this could be the early stages of a correction in a market of prolonged higher than average stock levels,” Mr Groves said.
Rental market
Perth’s overall median rent price held firm at $400 per week in the three months to February 2016.
In terms of houses and units, Mr Groves said the median price for both was unchanged over the month at $400 and $380 per week respectively, but each had dipped $10 per week when compared to November 2015.
“While tenants are still in a good position to secure a competitively priced lease in Perth, it’s encouraging for investors that rent prices are appearing to steady in 2016,” Mr Groves said.
Rental listings in the Perth metro area declined three per cent in February but remain above the long term average.
Happy Leap Year Day
Another great community initiative in Ellenbrook
I wrote a post on Monday about a group of lady’s who are over 50, who were inspired by a poem to inject a bit of fun and friendship into their lives.
Realizing how poems can inspire and be an avenue for a creative outlet The Ellenbrook Library and Ellenbrook Secondary College both embraced poetry as part of National Numeracy and Literacy week.
Students made pocket sized scrolls with poetry scrawled on the inside – these ‘Poems In Your Pocket’ were then distributed at the school, library and other places in the community for people to be able to pick up a poem on the go. What a great idea! Another great community initiative in Ellenbrook.
Ellenbrook Youth Exhibition
The Eye is an Ellenbrook Youth Exhibition. The opening event is being held at The Gallery, 34 Main St, Ellenbrook. This FREE event will have Breakdancing, DJ sets, Live Urban Art, Rapping, Food and Your Movies! Looks like a great community event for Ellenbrook’s Youth.
An Aveley family really got into the spirit of Halloween and the community joined in.
I took my little monsters to Halloween at the Marshalls on Friday night in Aveley and was so impressed with the effort the Marshalls went to to put on a great Halloween event for the community. It is getting so popular we had to wait in a line to go through the haunted tunnel. And scary! My daughter not only screamed but also cried!! For more photos of the night go to their Facebook page at Halloween at the Marshalls.
As new house in Ellenbrook without the hassle of building.
This is one of our new listings at 4 O’Halloran Street, Ellenbrook. It was completed in May this year and sits in a prime position on the Ellenbrook/The Vines boarder. It is an extremely appealing well designed house that utilizes the compact low maintenance block well with ample indoor living space and also enough room for relaxing or entertaining in the backyard.
Move straight in and enjoy the design and comfort of all the latest fittings and fixtures. My favourite feature is the Essa Stone island bench top with breakfast bar in White Truffle. The ensuite and main bathroom vanity also have Essa Stone tops.
For further information or for a private viewing feel free to give me a call on 0438 080 921. Alternatively check Reiwa or Realestate.com.au for home open time this Sunday
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