News

Is now the time to find detached homes in WA?

By Kevin Kelly

Detached homes are a popular option when it comes to choosing property in Bunbury and the latest figures show now could be the time to secure them as 2014 draws to a close.

The HIA Home Sales Report for September pointed to a rise in new home sales across the country, although fewer detached properties gained the attention of buyers in Western Australia.

Sales of these homes were down 5.6 per cent in the state at a time as it and many other parts of the nation struggled to keep pace.

"Seasonally adjusted detached house sales fell by 2.3 per cent during the month to be down by 6.5 per cent over the September 2014 quarter," revealed chief economist at the Housing Industry Association (HIA), Harley Dale.

The need for new properties might be greater than ever, especially as SQM Research revealed earlier this month how stock listings were dwindling in many major markets.

Managing director Louis Christopher explained how this is usually a time of year when plenty of new listings come onto the market, but it hasn't been the case in 2014.

In fact, all of the national capitals saw a fall in stock levels, which may give further incentive to take a look at what Bunbury has to offer.

Up to Date

Latest News

  • How will changes to depreciation legislation impact investors?

    May 2017 saw the proposal of changes to property depreciation legislation. The changes came into effect in November, but with the end of the financial year in sight, what do property investors need to know moving forward? How will the new legislation effect Australian investors and those from abroad?

    Read Full Post

  • 5 ways to nail presentation for an open home

    When it comes to open homes, there’s a lot to do to prep your property. A lot of it comes down to cleaning and tidying, but there are a few other tips you can make use of to ensure that your home is presented in its best possible light. Here are five tips for open home presentation from the team at Ray White Bunbury.

    Read Full Post