FREO EFFECT FOR NEARBY SUBURBS
SPRING is here and along with the weather, the Perth property market is showing signs of warming up.
With its glorious beaches, eclectic markets and popular cafe strip, Fremantle has always been an enviable area to buy in to.
But according to local agent Cristina Bertone from The Agency, it’s the surrounding suburbs which are fast becoming popular choices for those wanting to live close to Fremantle without the price tag.
In the latest Fremantle Gazette REIWA report, Hamilton Hill was the top-selling local suburb, with 15 sales in the four weeks to August 28.
“Suburbs like Hamilton Hill, Hilton, Willagee and Spearwood are very popular amongst first-home buyers,’’ Mrs Bertone said.
“I think especially where I’m selling there are no real issues for buyers as long as you price the home correctly.
“All the suburbs neighbouring Fremantle are popular because they are in a great location close to Fremantle and they are affordable.
“If you are thinking of growth in the future then it’s smart to buy into areas such as Hamilton Hill; that’s what I’ll be telling my kids when they are ready to buy.”
Born and bred in the local area, Mrs Bertone lived in Hamilton Hill for the first 10 years of her life before growing up in Spearwood.
These areas presented excellent value for money, with older homes which could be renovated to your liking.
“I recently sold two Queenslander-style properties in Hilton in less than a week on the market and both had a lot of interest; one property in particular has six contracts,’’ she said.
Generally priced between $360,000 and $404,000, Mrs Bertone said these older 2x1 homes represented great value and a buyer could spend another $100,000 and create a fabulous home for themselves.
“Buyers prefer the older properties these days; maybe it’s all the renovation shows, but they are willing to give it a go,” she said.
Most properties are on 350490sq m front blocks which have previously been divided.
Mrs Bertone said spring was a great time to sell and buy.
“I sell year-round but I find spring is a good time because the gardens look better, lawns are greener and it’s just a good time of year,’’ she said.
“In a few months people will start to think of Christmas and the market generally isn’t as popular as it is now.”
Mrs Bertone said sellers should declutter, fix leaks and ensure the garden was tidy.
This Hilton home attracted great interest and sold for $417,000.