SALES UP IN NEW YEAR

Wanneroo Weekender - - Residential -

IN the four weeks to Jan­uary 30, there were 364 lo­cal prop­erty sales across houses, units and land – an in­crease of 35 per cent over the four-week pe­riod.

Com­pared to the same time last year, sales are un­changed.

The over­all Perth mar­ket has seen sales in­crease by 34 per cent to 2025 sales across houses, units and land over the four-week pe­riod but re­mains 1 per cent lower than the same time last year.

Clark­son tops the list for the high­est num­ber of sales at 22.

Prop­er­ties avail­able for sale in the lo­cal area have in­creased by 9 per cent over the past four weeks but are 4 per cent lower than the same time last year.

To­tal list­ings in the Perth metro re­gion have lifted by 6 per cent over the four-week pe­riod and re­main 1 per cent higher than the same time last year. The av­er­age time to sell in the lo­cal area has in­creased for the three months to De­cem­ber 2016 by 10 days to 66 days from 56 days.

The av­er­age time to sell in the Perth metro re­gion has in­creased by three days to 64 days from 61 days.

REIWA mem­bers re­ported 708 to­tal prop­er­ties (houses and units) leased for the four­week pe­riod – an in­crease of 33 per cent com­pared to the past four weeks and is 26 per cent higher than the same time last year.

List­ings in the Wan­neroo Week­ender area have re­mained sta­ble in com­par­i­son to the prior four-week pe­riod but re­main 3 per cent lower than the same time last year.

The over­all mar­ket has seen list­ings in­crease by 2 per cent across the four-week pe­riod and re­mains 10 per cent above the same time last year.

The over­all me­dian weekly rent in the lo­cal area for the three months to De­cem­ber 2016 was $370/week, which is $30/week lower than the three months to De­cem­ber 2015. The over­all me­dian rent for Perth has also seen a $40/week de­crease in the three months to $360/week.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.