07 February 2009
Wattle Grove Property prices predicted to increase by 8%
PROPERTY prices have fallen all year, but just because a house is cheaper today than it was yesterday does not make it a bargain. The trick is to find suburbs that have ended their fall and can only go one way - up. Preferably ones that have good rental returns, too. Wattle Grove has a median value of $413,500 and a rental return of 5.35 per cent, or $425 a week.In a year it lost 1.1 per cent...

06 February 2009
WEEKLY PROPERTY REPORT
Now that we are well into February we are seeing market activity slowly increase. The number of auctions being held is ramping up and the amount of properties advertised for sale are returning to their pre-Christmas period levels. This week interest rates were slashed to their lowest level since 1964, and by most acc...

30 January 2009
PROPERTY REPORT
The number of new properties listed for sale has shown the first signs of a post Christmas / New Year recovery with the number of new properties advertised for sale increasing over the most recent week. This is an encouraging sign following on from last week’s result which indicated the fewest number of new properties advertised for sal...

24 January 2009
The Motivated Property Buyer Resurrected At Wattle Grove Agency
   “ I am here to buy a house” has not been heard by the owner of Coldwell Banker South West Realty in Wattle Grove for quite a few years but for the last month the phones at the South West real estate agency have been running hot with some very decisive buyers    “There is a definite change from hesitant and cautious customers to people who are calli...

22 January 2009
WEEKLY PROPERTY REPORT
The number of new properties listed for sale has trended even lower again this week with just 6,398 new properties listed for sale across mainland Australia. This result represents the fewest number of new properties listed for sale across any week since the start of 2007. Total listings have plateaued during the most...

15 January 2009
WEEKLY PROPERTY REPORT
The end of year / new year slowdown is in full swing, with new listings at their lowest level seen over the last year with just 6,459 new listings recorded during the most recent week. The number of new listings also represents the fewest weekly number of new listings during any week over the last two years. Total lis...

09 January 2009
WEEKLY PROPERTY REPORT
The traditional end of year / new year slow down is well and truly here with this phenomenon highlighted by the significant fall in new properties listed for sale during recent weeks. Historically, the market is unlikely to pick back up until late January when the holiday season finishes and most have returned to work and it is anticipated that 2009 will be no different. During 2009, it is antic...

19 December 2008
PROPERTY REPORT
The residential property market normally becomes relatively inactive during the festive season, and we are already seeing the number of properties advertised for sale falling away each week. The market won’t spark back into life until late January when the holiday season starts to wind down. Leading into 2009 it is encouraging to note that residential property values appear to have stabiliz...

28 November 2008
WEEKLY PROPERTY REPORT
This week The Organisation for Economic Cooperation and Development (OECD) stated that despite the depressed international economic environment, the impact of the financial crisis and the fall in the terms of trade should be relatively contained within Australia. The OECD expects the Australian unemployment rate will increase to 6% from 4.3...

21 November 2008
WEEKLY PROPERTY REPORT
Over the most recent week new property listings have plateaued, recording just a slight increase compared to the previous week. Total properties listed for sale have also flattened over the most recent week remaining at approximately 15,500 listings. Despite this flattening, total stock on the market remains well above the 12 month average....