CLARE­MONT TOPS LIST

Western Suburbs Weekly - - Liftout -

IN the four weeks to Au­gust 13 there were 104 lo­cal prop­erty sales across houses, units and land, which is a de­crease of 5 per cent over the four-week pe­riod.

Com­pared to the same time last year, sales are lower by 8 per cent. The over­all Perth mar­ket sales have de­creased to 2006, a fall of 1 per cent over the four-week pe­riod but re­mains sim­i­lar to the same time last year.

Clare­mont tops the list for the high­est num­ber of sales at 16.

Prop­er­ties avail­able for sale in the lo­cal area have re­mained sta­ble over the last four weeks and is 19 per cent higher than the same time last year.

To­tal listings in the Perth metro re­gion have de­creased by 4 per cent over the four-week pe­riod but is 1 per cent higher than the same time last year. The av­er­age time to sell in the lo­cal area has in­creased by one day to 54 for the three months to July 2018. The av­er­age time to sell in the Perth metro re­gion has de­creased by one day to 72.

REIWA mem­bers re­ported 347 to­tal prop­er­ties (houses and units) leased for the four-week pe­riod, an in­crease of 7 per cent over the last four weeks but is 11 per cent lower than the same time last year. Listings in the

area have fallen by 8 per cent in the four-week pe­riod and are 11 per cent lower than the same time last year.

The over­all mar­ket has seen listings fall 3 per cent and are 24 per cent lower than the same time last year.

The over­all me­dian weekly rent for the lo­cal area for the three months to July 2018 is $415/week, which is $5 higher than the three months to July 2017. Sim­i­larly, the over­all me­dian rent for Perth has seen no change in the three months to July 2018. Av­er­age time to rent in the lo­cal area has de­creased to 47 days in the three months to July 2018.

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