Wembley Property Ladder

Whats the market doing: Firstly, sorry to all of those Eagles and Dockers fans for our Teams not bringing the premiership cup West! However the end of the AFL season does usually see the start of the real estate selling season and I will certainly welcome that after a very slow Sept Quarter. New reiwa.com data shows that Perth’s median…

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Wembley Property Ladder

Welcome to the winter edition of our Wembley Market Update. The property market has been a little subdued over the past 12 months even with the lowest interest rates since pounds and shillings were our currency! I would suggest that this may be the case for the winter at least and then the normal spring market will see better activity…

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How long is too long?

At what point do we consider that the price the owner and agent are looking for is too high?   I don’t really listen to what all the so-called experts would have you believe about how the property market has performed over the past few years. The fact is that it has been pretty flat for the most part with…

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Status Quo

Not much has changed from May to June in the Wembley property market. July and August traditionally are quieter months due to school holidays, winter and AFL. We should start to see greater activity into September and then the key selling time of October, November and December. I trust you will find the information provided relevent and please call if…

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The Wembley Property Market Report

In the past 14 days three new listings have hit the market in the core residential area over $700 000. 19 of the 48 properties currently on the market have had a price reduction of an average of 6.75 percent of the original listing price. The average days on the market for all current listings is 69.2 days. The highest…

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