What’s the Market Doing?

This is the question I am asked dozens of times a day, normally I have a very good idea! Not at the moment though.

It feels a little like a washing machine cycle with each day being a bit unpredictable.

With speculation on mining, interest rates, government policy, population growth, unemployment rates, job security and so on it’s no wonder the market is a little confused.

My answer to “What’s the market doing?” is a bit like a footy coach; all I can say is “we are taking it on a week by week basis!”

If you would like to chat about your individual situation and needs please give me a call anytime.

Wembley Real Estate Facts

  • 22 active listings as at 9/4/14 ($750k & above)
  • 8 new listings in March
  • Average Days on Market is 38, up from 13 in February
  • Highest priced sale in 2014 was 61 Lake Monger Drive $2,200,000
  • 27 recorded sales (sold or under offer)$750k or above YTD 2014

Current Listings

NoStreetBedsBathLand m2 (approx)List DateList PriceCurrent PriceDOMAgencyPrice Change
21The Grove426807/04/2014$1,350,000$1,350,0002Internet Realty
43Reserve St527235/04/2014End Date SaleEnd Date Sale4Peard
71Reserve St427281/04/2014$1,145,000$1,145,0008Able Mcgrath
65Reserve St32108826/03/2014AuctionAuction13Able Mcgrath
77Essex St3265325/03/2014End Date SaleEnd Date Sale14Peard
2aReserve St4254925/03/2014End Date SaleEnd Date Sale14Peard
30Bath St4497621/03/2014OffersOffers18Hawkins Smith
173Daglish St3164520/03/2014$980,000$980,00019Ray White
2Alexander St31101212/03/2014AuctionAuction27Porter Matthews
240Jersey St4267012/03/2014End Date Sale$1,25m - $1.3527Peard
89Holland St3264511/03/2014OffersOffers28Ray White
96Herdsman Prde426618/03/2014Auction$929,00031Apollo Property
51McKenzie326536/03/2014Auction$1,280,00033Wright R/E
200aJersey St4242425/02/2014$985,000Offers44Harveys
39bConnolly St3236919/02/2014Auction$1,325,00050Acton
4Daglish St4267119/02/2014$1,450,000$1,440,00050Altus$1,440,000
57Lake Monger Drive32131314/02/2014AuctionAuction55Acton
78Ruislip St2172914/02/2014EOI$950,00055Ray White
59aLake Monger Drive7667113/02/2014High $2,000,000High $2,000,00056Able Mcgrath
55Pangbourne St424766/02/2014$1,045,000$995,00063Private Sale
17Nanson St4367129/01/2014mid $1,000,000Fr $1,420,00070Caporn Young
24bReserve St425636/11/2013$1,350,000$1,150,000153Louis Carr$1,150,000

Sales in 2014

NoStreetBedsBathList PriceAgencySale PriceSale Date
10aAlexander31$950,000AbodeUnder Offer
32Alexander31$849,000Domain 1000Under Offer
18aConnolly St32OffersSpaceUnder Offer
35Connolly St52AuctionAble McgrathUnder Offer
23Collier St51$905,00021/01/2014
19Daglish St43OffersSpaceUnder Offer
109Daglish St21$970,00012/02/2014
100Daglish St42OffersSpaceUnder Offer
96Essex St32End Date SalePeard$1,260,000
220Harborne St32EDSPeard$820,0003/01/2014
63Harborne St42Mid 1 millionAble McgrathUnder Offer
96Harborne St21OffersAbodeUnder Offer
151Herdsman Prde$1,078,00028/01/2014
109Holland St21EDSPeardUnder Offer6/02/2014
145Jersey St31$740,000Bexleys$740,00028/02/2014
21Johnson St43OffersHawkins Smith$1,313,00023/02/2014
8Johnson St31OffersHawkins SmithUnder Offer
49bKeane42$1,180,000PsarosUnder Offer
57Lake Monger Drv33N/AACTON$2,150,00022/03/2014
61Lake Monger Drv43N/AN/A$2,200,00023/01/2014
35bMarlow St32N/AN/A$1,180,00031/01/2014
17Nanson43Mid 1 millionCaporn Young$1,430,0001/03/2014
17aPangbourne St31N/AN/A$800,00028/01/2014
60Reserve St21N/AN/A$1,125,0001/02/2014
237Ruislip St32$1,090,000Louis CarrUnder Offer
218aSelby St41$839,000Bexleys$830,00012/01/2014
7St Columbas Ave52AuctionAble Mcgrath$1,350,00023/02/2014
10The Grove21AuctionLouis Carr$1,180,0008/02/2014
Source: REIWA Disclaimer: All information contained herein, including text, photographs and data, is given in good faith and is provided for guidance only. Whilst every effort is made to provide correct information all figures and information are subject to change without notice and Peard Real Estate makes no guarantees, undertakings or warranties concerning the accuracy or completeness of the information provided. You should take independent steps to verify the accuracy of the information prior to relying on that information. Peard Real Estate Leederville Pty Ltd T/A Peard Real Estate Leederville T/C RA64721.

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