PropertyPulse
insights by Lee and Derek Baston
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
As we slide into home base for 2024, here are some of our most recent sales results. We look forward to hitting the ground running from January 6th, 2025 with a raft of new property listings primed and ready to hit real estate portals! 131 Sussex Street, East Vic Park – 6 Offers written!$1,675,000 79A
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
This Market Is Fire
As I write this it’s going to be a sweltering 43 degrees in the shade in Perth today. BUT there is something hotter, and it’s not Hades.Perth’s residential real estate market continues to power on. A furnace of FOMO and frustration for Buyers. The Buyers are queuing down the street for anything that is ready
A First Home Buyer Case Study
Flying The CoopA practical post on a First Home Buyer’s journey to buy in a very buoyant market. Ok this is a long post, but if you or somebody you know wants to get a sense of the first home buyer journey, beginning to end, it should demystify the process just a little.It should also
It just got easier to build a tiny house in your back yard!
Amendments to Residential Design Codes (Medium Density Codes) The WA State government has just announced, ‘No planning approval required’, for ancillary accommodation (granny flats), as part of a raft of planning changes soon to be included in the much delayed amendments to the Residential Design Codes. The announcement is slightly misleading as planning approval currently