THE LOCAL MARKET
We’ve seen another surge in the number of listings with REIWA reporting a 5.6 per cent increase in properties listed over the previous week taking the number of listings to 4,280. This rise was driven by a 7.8 per cent increase in house listings and a 6.2 per cent rise in unit listings. The overall number of properties for sale is up 14 per cent from four weeks ago, with sales transactions also up 9 per cent compared to the previous week, highlighting the true influx of properties and activity already this spring.
At White House we were thrilled to have secured contracts for THREE properties this past week.
After being on the market with multiple other agents, Connie Handcock worked with the wonderful sellers of 1 Waterford Street, Beaconsfield to achieve a premium result.
Director Stefanie Dobro was thrilled to secure buyers for the rock solid home at 134 Rockingham Road, Hamilton Hill with four parties offering and a cash offer securing the property.
White Gum Valley’s Number 1 agent, Louise Pope, also achieved a premium result for her sellers of 1B Yalgoo Avenue, White Gum Valley, with the property under offer after just one weekend of home opens.
THE RENTAL MARKET
In the rental market, the number of properties available for rent fell by 3.1 per cent, with 2,024 properties available by the end of last week. While this represents a drop compared to four weeks ago, rental availability is still 19.7 per cent higher than a year ago, reflecting improved supply but ongoing demand.
If you have been considering leasing your property or would like to know more about leasing your property, please get in touch with Monique Malarowski on 0418 228 524 monique@whitehouseproperty.com.au or Veda Spence on 0499 171 457 veda@whitehouseproperty.com.au.
And if you’re a potential tenant, we have ONE new property for lease this week;
FREMANTLE
This spacious 4-bedroom, 2-bathroom home offers an excellent combination of comfort and functionality, making it an ideal choice for those looking to enjoy the Fremantle lifestyle! This is a beautiful home and an exceptional opportunity, close to central Fremantle, and a stroll away from the shores of the Swan River. This property is available to lease fully furnished and equipped from the 29th October 2024 for $1,200 per week with a preferred 12 month lease. Applications accepted through 2Apply.
