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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Wembley Property Ladder – What’s the time..

..on the real estate clock? As I say to all of my clients at the moment, It’s a very hard market to predict! Not just in Wembley but in general as most of the factors that are used to gauge the likely market conditions seem to be to the contrary at the moment. If you have 5 minutes please read…

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Wembley Property Ladder – Final piece of the bridge.

So….. What is the last piece left to complete the bridge between the status quo of the past 5 years of uncertainty and the normalizing of our real estate market? I sit in front of people every day and the first question I normally get is “ Dean, what’s happening with the property market?” As I have said before, I…

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Wembley Property Ladder – Strange Times

It is strange times indeed! Like everything in life real estate has its cycles, some are influenced by economic realities and seasonality,  and some are simply driven by market sentiment.  I look at the Wembley property market at the moment and have to scratch my head a little. We are experiencing the lowest level of homes for sale that I…

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Wembley Property Ladder – Spring Into Action

With spring just around the corner we would expect that the current low supply in Wembley and Perth in general should start to rise. Traditionally this time of the year, being cold and wet plus AFL footy finals just around the corner  sees  people making the decision to wait until spring to look at their real estate options. Seasonality coupled…

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Wembley Property Ladder – Fundamentals favour growth in Wembley

The core drivers of the highs and lows of our real estate market never really change and right now the Perth property market is directly responding to these drivers. Interestingly, the housing market in Wembley is mirroring the movements of the wider metropolitan area. There are three influencing factors: Interest rates are low and stable. In fact almost at their…

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Street Talk – The Stanley

[youtube]http://www.youtube.com/watch?v=uNHN5vS74DM[/youtube] Click on the video above to watch our insite into The Stanley.  This week we take you a look at one Wembley’s favourite watering holes, The Stanley. Located at 294 Cambridge Street, Wembley, The Stanley has now been in operation for nearly 3 years now and has been welcomed by the local community as their favourite small bar. Gerry Shields,…

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Wembley Property Ladder – Positive signs

NEWSFLASH: Don’t always listen to the newspapers!!  Wembley is on the move and figures do not lie. Prices are solid and properties in WEMBLEY continue to sell if you follow fundamentals. Our Suburb is the envy of many surrounding suburbs and people want in and are prepared to pay for the opportunity to move there family into this great area….

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Wembley Property Ladder – Street Talk – Nanson Street

[youtube]http://www.youtube.com/watch?v=1QA1f7h78tM&feature=youtu.be[/youtube] In this edition of your WPL I am excited to introduce STREET TALK, a micro view of what is happening in your street. I hope you will enjoy this concept and in this edition its NANSON street that is under the microscope. As a general comment, OMG….. Can you believe that we are into round 7 of the AFL…

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