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Professionals Armadale Real Estate

19/193 Jull Street Armadale

93992122

94971119

info@armadalerealestate.com.au

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Market Review – May 2017

29 May 2017 Armadale 0 Comment

The housing market in Perth while going through a wild roller-coaster ride in the recent times, continue to provide good value to savvy buyers who are looking to ‘strike while the iron is hot’.

Australians have a ‘love affair’ with property, and is still a prime source of wealth generation. The last two years, have seen Sydney and Melbourne firmly on the radar leading the market head-on, while Perth has been riding the counter-cyclic market tipping to improve in the coming months.

However, in the midst of the current economic cycle, well-presented properties in the inner and near city locations continue to defy market trends and generate solid demand. Properties with large land components, 25km away from the city, present pent-up value and are ripe with potential for the future as Perth moves through the cycle.

Investors and buyers who have well-developed property criteria and search strategies are finding value while some sit on the side-lines waiting for a buoyant market. Below are some of our properties that were snapped up by savvy buyers and investors:

Under Contract

Those who have diligently paid down their mortgage, decreased their debt and have saved up for the ‘rainy day’, are in a position to upgrade to locations which would have been impossible only about 3 years ago. The properties below showcase the value Perth offers in the current market for under 310K in Perth – a bargain buy!

For Sale

Perth is moving towards stabilising its property market. The 2 Billion Forrestfield-Airport Link Plan has been the booster as many flock into the suburb for that piece of land providing easy access to the city and to the airport to professionals and families working in and around the areas.

At Professionals Armadale, we pride ourselves in providing un-paralleled service to our clients. We have our finger on the pulse and being local we have an unfair advantage of providing the best real estate service in the area. We are your local experts, so call us for a free appraisal and information on the local market.

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