18 Aug 2015
Roleystone Market Update - August Edition

Roleystone Market Update - August Edition

0 comments
Guid,Tips,Selling,Auction real estate agents

Hi, I’m Rachael Hewson and I’m the Naked Real Estate specialist for Roleystone. Having lived in the area the last 23 years I call Roleystone home and it is my pleasure to deliver to you the August market update.

Perth Market

Let’s look at the Perth market first. There is currently 13,792 homes on the market, this includes 8,712 houses, 2,957 units and 2,123 blocks of land. The median house price for this quarter was $530,000 down from $550,000. This year there was 458 properties sold compared to last year 692, that’s a 38% drop. Properties are sitting on the market for an average of 71 days, vendors are discounting their price by 6%.

There are currently 8,513 rentals on the market and the vacancy rate is at 7%. The median rent price is currently $420 per week which is a drop of $55 over the past two years.

Roleystone Market

Lets look at Roleystone. There’s currently 70 homes on the market for sale. 6 sold in July and 3 went under offer. The median price for Roleystone in the last six months is $567,500. In the last year 63 homes sold and the average time on market is 92 days. 

Naked Tip for August

Marketing your property is key. Don’t neglect to invest money into marketing to ensure you get the best possible price.

Thank you for taking the time out to watch this video. I hope this information is useful whether you’re buying, selling or just curious about today’s market. Don’t forget to like comment and share this video. Remember Naked is about covering nothing up, so if you have any questions please feel free to leave a reply below.

Written by Naked Writers

Roleystone Market Update - August Edition
Naked Writers

Naked Real Estate Writers collaborating to bring the latest news and trends in real estate for buying, selling and working in the exciting world of real estate. Is it time for you to get Naked?

View all posts by : Naked Writers

Leave a reply

Your email address will not be published. Required fields are marked *

* required fields

Related Posts

Perth Market Update - August Edition

Perth Market Update - August Edition

Roleystone Club AKA Roleystone Country Club

Roleystone Club AKA Roleystone Country Club

Stop, Look and Listen

Stop, Look and Listen

Need some help right now?

Please fill out the form below with any questions you have. We will get back to you promptly.

3 + 35 =