Licensee: Bridgeline Pty Ltd Level 1, 3 Boas Avenue, Joondalup WA 6027 • Telephone: 9300 3344 Quarterly Market Report Kinross January to March 2013
Mar 13, 2016
Licensee: Bridgeline Pty LtdLevel 1, 3 Boas Avenue,
Joondalup WA 6027 • Telephone: 9300 3344
Quarterly Market Report
Kinross January to March 2013
Len and Lyn Smith: 0409 291 502 email: [email protected]
A professional overview
There is no doubt that the Kinross market has experienced a vibrant first quarter.
Competitive buying conditions, higher selling prices and properties changing hands very quickly have ensured many happy buyers and sellers in the area.
Traditionally the market slows down during winter but with current conditions we expect it to remain buoyant in the next quarter.
The reduced interest rates have resulted in more first-time home buyers as well as investors entering the market. Demand is also being driven by the high price of rentals in Perth and we have seen an increase in multiple offers on properties resulting in higher prices.
A sense of confidence amongst buyers is also emerging on the “Home Open” front. All of these indicators suggest a relatively healthy market.
Our advice in today’s market is:
1. Capitalise on the decreased number of homes competing for a sale.
2. Be informed about positioning your property to sell.
3. Ask about the importance of utilizing a marketing strategy to achieve the best sale price.
Kind RegardsLen and Lyn
Highest sale price: $649.000
Lowest sale price: $360.000
Median price: Houses: January $500.000
February $501.000
March $445.000
Units: January $455.000
February $455.000
March $455.000
Statistics
44Properties
sold
0
2
4
6
8
10
12
14
16
18
20
22
Num
ber o
f Sales
Sales and growth, 1st quarter 2013
January February March
Sale Price: $507,000
4 2 2 591m2
land
50 AILSACRAIG RMBL Kinross
Sale Price: $512,000
3 2 2 798m2
land
8 AIRDRIE CNRKinross
Sale Price: $570,000
3 2 2 652m2
land
36 BLAIRGOWIE HEIGHTS Kinross
Sale Price: $472,500
3 2 2 450m2
land
16 BROUGHTON HEIGHTS Kinross
Sale Price: $500,000
4 2 2 544m2
land
17 CAIRNSMORE CHKinross
Sale Price: $475,000
4 2 2 472m2
land
55 AILSACRAIG RMBL Kinross
Sale Price: $649,000
4 2 2 723m2
land
5 BADENOCH CTKinross
Sale Price: $555,000
4 2 2 618m2
land
5 BROUGHTON HEIGHTS Kinross
Sale Price: $510,000
4 2 2 631m2
land
8 CAIRNSMORE CH Kinross
Sale Price: $385,000
3 1 1 248m2
land
1/4 CALLANDER AVEKinross
Sale Price: $360,000
3 1 1 169 m2
land
4/4 CALLANDER AVEKinross
Sale Price: $509,000
4 2 1 561m2
land
78 CLYDEBANK CRESKinross
Sale Price: $520,000
3 2 2 732m2
land
10 CRANSTON LOOP Kinross
Sale Price: $495,000
4 2 2 703m2
land
1 DARVEL CLKinross
Sale Price: $535,000
4 2 2 538m2
land
14 DUNFERMLINE WAYKinross
Sale Price: $525,000
4 2 2 702m2
land
11 CARRICK WAYKinross
Sale Price: $639,000
4 2 2 727m2
land
98 CLYDEBANK CRESKinross
Sale Price: $503,000
4 2 2 598m2
land
10 DALZELL TURNKinross
Sale Price: $416,900
4 2 2 507m2
land
9 DUNDAFF TURNKinross
Sale Price: $526,000
3 2 2 683m2
land
5 FINTRY CLKinross
Sale Price: $394,000
3 1 1 365m2
land
2/31 FISHERTON CCT Kinross
Sale Price: $520,800
5 2 2 663m2
land
15 GEOFF RUSSELL AVE Kinross
Sale Price: $445,000
4 2 1 700m2
land
44 GLENCOE LOOP Kinross
Sale Price: $497,000
4 2 2 606m2
land
59 GRANGEMOUTH TURN Kinross
Sale Price: $455,000
4 2 2 643m2
land
82 KINROSS DRKinross
Sale Price: $520,000
4 2 2 613m2
land
30 GARDINER HTSKinross
Sale Price: $555,000
4 2 2 701m2
land
34 GLENCOE LOOPKinross
Sale Price: $500,000
4 2 2 647m2
land
4 GOLSPIE PLKinross
Sale Price: $590,000
4 2 6 700m2
land
15 GREENOCK GDNS Kinross
Sale Price: $580,000
4 3 2 692m2
land
6 LANGBANK CLKinross
Sale Price: $575,000
3 2 2 587m2
land
53 MACNAUGHTON CRES Kinross
Sale Price: $455,000
4 2 2 445m2
land
15 MELFORT CIRKinross
Sale Price: $470,000
3 2 2 451m2
land
2 RUTHERGLEN CIRKinross
Sale Price: $460,000
4 2 2 626m2
land
26 STONEHAVEN PDEKinross
Sale Price: $599,000
4 2 2 605m2
land
11 OSSIAN WAYKinross
Sale Price: $575,000
4 2 2 582m2
land
9 MACALPINE RTTKinross
Sale Price: $600,000
4 2 2 721m2
land
8 MELFORT CIRKinross
Sale Price: $475,000
4 2 2 525m2
land
28 MIDLOTHIAN CRES Kinross
Sale Price: $600,500
4 2 2 709 m2
land
6 STENTON GDNSKinross
Sale Price: $620,000
3 1 1 602m2
land
33 STONEHAVEN PDEKinross
Sale Price: $460,000
4 2 1 506 m2
land
60 STONEHAVEN PDE Kinross
Sale Price: $575,000
4 2 2 748m2
land
23 WISHAW LOOPKinross
Kinross area profile• Kinross occupies approximately 3 square kilometres of land and has a park
covering nearly 1% of total area.
• The population of Kinross in 2011 was 7,179 people and remained relatively stable when compared to 7,241 people in 2006. The predominant age group in Kinross is 0-14 years.
• Households in Kinross are primarily couples with children and are likely to be repaying between $1800 - $2400 per month on mortgage repayments.
• In 2011, 77.8% of the homes in Kinross were owner-occupied compared with 78.6% in 2006.
• The median sales price of houses in the area is currently $445,000.
Source: www.reiwa.com.au
www.rpdata.com
Len and Lyn Smith: 0409 291 502 email: [email protected]
Word on the street“Thank you for all your hard work, dedication of service in the sale of our house. All the little extras you did without question helped us greatly in our move.”
Lia and Chad Daly
“Thank you for selling our property without any hassles. Everything from beginning to end went so smoothly. We were kept well informed throughout the process. It was a real pleasure to do business with you and we would recommend your services without hesitation.”
Joan and Tommy Henchy
“We strongly recommend you as you both sold our house quickly, and at a good price. If we ever decide to sell again, or are looking to buy, we will definitely call you.”
Peter and Yiota Mourikis
Hi Rhonda, I am sending you a email in regard to one of your staff members Len Smith. Previously we had our Kinross property on the market with another real estate company, and had all sorts of dramas and no results or any feedback. After meeting Len Smith we were very impressed with his amazing customer service and how he would go that extra mile. Living in Kalgoorlie we were unable to help with home opens and we relied on him to present the house and market it to sell. He amazed us and sold the property in 2 weeks at a price we wanted. He constantly updated us with news and made us feel like we didn’t need to worry about a thing. We would recommend Len to anyone selling a home in the area, we just wanted to let you know how impressed we were with him. We have sold 3 investments properties this year, and by far he has been the best! Emma Darcey
Licensee: Bridgeline Pty LtdLevel 1, 3 Boas Avenue,
Joondalup WA 6027 • Telephone: 9300 3344
Len & Lyn SmithArea Managers
M: 0409 291 502 P: 08 9300 3344 F: 08 9300 3345
www.alliance.harcourts.com.au