KARDINYA POP­U­LAR

Melville Times - - Residential -

IN the four weeks to Au­gust 28, there were 112 lo­cal prop­erty sales across houses, units and land,which is an in­crease of six per cent over the four-week pe­riod.

Com­pared to the same time last year, sales are higher by four per cent.

Over­all Perth mar­ket sales re­mained sta­ble at 2087 over the four-week pe­riod, but are three per cent higher than the same time last year.

Kardinya tops the list for the high­est num­ber of sales at 11.

Prop­er­ties avail­able for sale in the lo­cal area in­creased by two per cent over the past four weeks, but are three per cent lower than the same time last year.

To­tal list­ings in the met­ro­pol­i­tan area have in­creased by one per cent, but are six per cent lower than the same time last year.

The av­er­age time to sell in the lo­cal area de­creased by six days to 66 days for the three months to July.

The av­er­age time to sell in the met­ro­pol­i­tan area has in­creased by three days to 72 days.

REIWA mem­bers re­ported 184 prop­er­ties (houses and units) leased for the four­week pe­riod, an in­crease of three per cent over the last four weeks, but six per cent lower than the same time last year.

List­ings in the Melville Times area fell by nine per cent in the four-week pe­riod, and are 14 per cent lower than the same time last year.

In the over­all mar­ket, list­ings fell by four per cent and are nine per cent lower than the same time last year.

The over­all me­dian weekly rent for the lo­cal area for the three months to July is $420/week, which is $5 lower than the three months to July 2016.

Sim­i­larly, the over­all me­dian rent for Perth fell by $30 in the three months to July.

Av­er­age time to rent in the lo­cal area in­creased to 53 days in the three months to July. 11 9 9 9 8

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