Wembley: Speculation, Sentiment vs The Facts

In this months market report I have taken a close look at the May 2014 versus May 2012 property activity in Wembley.  I must say that prior to my research I was convinced that the Wembley market had softened.  The ‘Fast Facts’ just proved that real estate is cyclical and we quickly forget where we are in the seasonality of…

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Urban on Cambridge

…Or perhaps better known to you as ‘Terminus’ which we spoke of last year. Still not sure what we are talking about? The new development in Wembley; 336 Cambridge Street aptly named ‘Urban on Cambridge’ the design looks exquisite and will bring new life to the Cambridge High Street. Six stories of residential apartments, a basement car park as well…

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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…

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Organic Escape

Imagine stepping foot into an oasis filled with lovely people, beautiful smells and an abundance of organic products, that’s exactly what walking into Bodhi J Health and Beauty Spa is all about. Greeted by the lovely receptionist and offered a glass of water while I wait and fill out a consultation form I am seated in a comfortable seat able…

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Wembley Property Ladder – Supply & Demand

One of the major drivers in any economic environment is Supply & Demand. Wembley has very little supply of residential houses for sale and has in fact only 25% of the same time in 2012. There is much speculation as to what will happen this year and with large businesses such as Toyota, Qantas and others retrenching; unemployment and job…

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From Lake Monger to the Paris Marathon?

One of the things I love most about the work I do, is the opportunity it gives me to meet and get to know a large cross section of talented and interesting people in and around the Wembley area.  Sue Anderson from The Fitness Factor is definitely one of those. I first met Sue a few years ago when I…

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Terminus

Wembley Cycles have moved, and at 334 – 336 Cambridge Street, Wembley lies empty buildings and space. But what is to become of this now sold site? ‘Terminus’… an approved five story mixed use development designed by Fringe Architects, will consist of shops, offices, consulting rooms and 22 Qube Apartments which will go on sale off the plan late this…

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Three five three

Spending A LOT of time working in and around Wembley we have driven past this restaurant many times and it never ceased to intrigue. End of financial year has rolled around and what better excuse to hold a meeting outside of the office and the usual coffee shops than to have it at three five three. Arriving at three five…

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Wembley Property Ladder – Market on the move?

[youtube]http://www.youtube.com/watch?v=anSvnQNGP7w[/youtube] Basic economic factors such as supply and demand will always impact the real estate market and right now in Wembley we are seeing a very low supply of properties for sale and high demand from people wanting to move into the area.  Although these dynamics would indicate a shift to a sellers’ market, the reality of the moment is…

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Wembley Property Ladder – Real estate facts

The population of WA grew 3.1% for the year to September 2012 and currently around 1,000 weekly new arrivals to the state are putting pressure on the rental market. The rental vacancy rate is down to 1.8% and listings for sale are down to 10,800 suggesting the markets will struggle to absorb this record population growth. We are already seeing…

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