LESMURDIE POP­U­LAR

Kalamunda Reporter - - Driveway -

IN the four weeks to April 9 there were 71 local prop­erty sales across houses, units and land which is a de­crease of 32 per cent over the four­week pe­riod. Com­pared to the same time last year, sales are lower by 17 per cent.

Over­all Perth mar­ket sales have de­creased to 2157, a fall of 7 per cent over the four-week pe­riod and re­mains 14 per cent lower than the same time last year. Lesmurdie tops the list for the high­est num­ber of sales at 10.

Prop­er­ties avail­able for sale in the local area have in­creased by 6 per cent over the past four weeks but is 1 per cent lower than the same time last year. To­tal list­ings in the Perth metro re­gion have in­creased by 2 per cent but is 3 per cent lower than the same time last year. The av­er­age time to sell in the local area has in­creased by two days to 80 for the three months to March.

The av­er­age time to sell in the Perth metro re­gion has de­creased by two days to 70. REIWA mem­bers re­ported 138 to­tal prop­er­ties (houses and units) leased for the four-week pe­riod, an in­crease of 3 per cent over the past four weeks but is 14 per cent lower than the same time last year. List­ings in the Re­porter area have fallen by 2 per cent in the four­week pe­riod and are 4 per cent lower than the same time last year. The over­all mar­ket has seen list­ings rise 1 per cent over the four-week pe­riod but are 19 per cent lower than the same time last year.

The over­all me­dian weekly rent for the local area for the three months to March 2018 is $320/week, which is $10 lower than the three months to March 2017. Sim­i­larly, the over­all me­dian rent for Perth has seen a $10 de­crease in the three months to March.

The av­er­age time to rent in the local area has de­creased to 54 days in the three months to March.

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