PropertyPulse
insights by Lee and Derek Baston
The Tide Is Turning
For the first time in a long time the stock levels are rising week on week and currently sit at 5,200 listings for Perth metro. This is approximately 700 more listings than 4 weeks ago and 2000 more listings than earlier this year. This is the first semblance of opportunity Buyers have seen for some
Appraise and Win!
Appraise and Win this Xmas! Thinking about selling? Book your in home appraisal with Derek Baston before Dec 19, 2024 and you will be entered into the draw to Win 1 of 3, $500 Crown Gift Cards! Enter here and Good Luck!
China – the wet nurse for WA.
Seemingly overnight the Chinese have introduced potentially trillions of dollars worth of stimulus to their economy designed to keep growth around 5%.This is BIG news if you are dependent on iron ore prices and the associated royalties. Only days ago the dropping iron ore price and the economic slowdown in China painted a grim picture
The Spring Market Is Here!
The market continues to bubble along with the extreme shortage of houses and Perth’s population increase driving Buyer demand. Good homes are still selling in whip cracking time – 5/3 Geddes Street even selling off-market last week! Multiple offers have been received on opens this weekend, but fear not, we have some great listings coming up
Perth, more than mining?
Is the mining cycle past its peak? And if so, does the Perth residential market have the capacity to break free of it’s mining straitjacket?
Is Perth’s Property Market Headed for Another Record Year?
What is the outlook for Perth’s residential property market?Buyers are competing for limited housing supply forcing prices up with property pundits suggesting 20% growth for Perth metro over the course of the year. Stock levels remain ridiculously low !(data courtesy of REIWA) Many suburbs of Perth have already seen 20% plus growth over the last
Downsizers are trapped!
Today as I appraised a western suburbs home worth in excess of 2 million dollars, the elderly owners lamented that they were trapped. As they explained, to buy a home they needed the cash from their existing property.But of course an offer subject to their sale wasn’t getting any traction in the market, as pre-approved
Property Update
For our newest property listings please click here Here are some of our recent sale results! 51 Star Street, CarlisleUnder Offer!5/3 Geddes Street, Vic ParkSold Off Market – $500,00065C Sunbury Road, Vic Park$690,0001/103 Swansea Street, East Vic. Park$712,00024/22 King George St, Vic Park$480,00010A Gresham Street, Vic Park$1,500,00091 Kitchener Ave, Vic Park$730,000 – 1st open –
Win this Mother’s Day!
One lucky Mum will be enjoying an amazing gift hamper full of local goodness this Mother’s Day. Find a new favourite book, kick back and be pampered, enjoy a lovely dinner on the strip and celebrate with a glass of bubbles and treats to top it all off! In the fabulous Nosh hamper is an
Jackpot!
We all know that a win on the pokies is only one more pull of the lever away.
Or is it?
The Shelves Are Bare
Record low number of properties for sale has led to panic buying in many parts of Western Australia. Good news for Buyers – Baston and Co. has plenty of new stock coming up! This weekend we are opening a brand new listing,35A Canterbury Terrace East Victoria Park – a fantastic 4 bed x 2 bath
A Library Of Things
The Vic Park Collective have done it again! Communities need people and ideas that make a difference.And this idea is a cracker! Have you ever wanted to tackle a small project, but realised that to go and buy an electric drill (or planer, or leaf blower, sewing machine, or router etc) for one job was