Atwell at the top

Cockburn Gazette - - RESIDENTIA­L -

IN the four weeks to Au­gust 19, there were 236 lo­cal prop­erty sales across houses, units and land, which is an in­crease of 10 per cent over the four-week pe­riod.

Com­pared to the same time last year, sales are higher by 24 per cent.

The over­all Perth mar­ket sales have in­creased to 2088, a rise of 5 per cent over the four-week pe­riod and re­mains 7 per cent higher than the same time last year.

Atwell tops the list for the high­est num­ber of sales at 12.

Prop­er­ties avail­able for sale in the lo­cal area have de­creased by 6 per cent over the past four weeks and is 2 per cent lower than the same time last year.

To­tal list­ings in the Greater Perth re­gion have de­creased by 5 per cent over the four-week pe­riod and is 8 per cent lower than the same time last year. The av­er­age time to sell in the lo­cal area has re­mained un­changed at 84 days for the three months to July 2019.

The av­er­age time to sell in the Greater Perth re­gion has in­creased by seven days to 81.

Reiwa mem­bers re­ported 418 to­tal prop­er­ties (houses and units) leased for the four-week pe­riod, an in­crease of 10 per cent over the past four weeks and is 19 per cent higher than the same time last year.

List­ings in the Gazette area have fallen by 10 per cent in the four-week pe­riod and are 3 per cent lower than the same time last year. The over­all mar­ket has seen list­ings fall 7 per cent and are 20 per cent lower than last year.

The over­all me­dian weekly rent for the lo­cal area for the three months to July 2019 is $380/week, which is $10 higher than the three months to July 2018.

The over­all me­dian rent for Perth has seen no change in the three months to July 2019. The av­er­age time to rent in the lo­cal area has re­mained sta­ble at 42 days in the three months to July 2019.

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