Owner Occupiers are active!
Following on from last months shout out to local Investors, it was very pleasing to meet 2 Investors through October… A significant improvement in the Investor enquiry rate with plenty of upside!
Owner Occupiers on the other hand have been very active as the weather warms up and we are once again receiving enquiries across multiple mediums including email, phone, text, whatsapp, facebook, etc. With great quality options across a variety of suburbs we are readily available to assist people find a new home for Christmas.
The success of Bloom Wembley Terraces has been outstanding. As the Giorgi Group place the finishing construction touches on the final two stages, it is pleasing to report we have now sold out of 2 bedroom terraces and have just two 3 bedroom terraces remaining along with a selection of 2 bedroom apartments. With titles due in weeks it is highly likely that Owners will be in their homes across both stages prior to the festive season.
We started 2017 with considerable stock across all projects completed in late 2016 and as we near the end of the year we find that we have just one to four options available in each project. At the current sale rate we expect to be sold out of St Peters – Victoria Park, Fitz – North Perth, Whatley – Mount Lawley, Sackville Terrace – Scarborough and Fitzroy St – Rivervale prior to the end of 2017. In addition to the projects we have some really great single home options across Stirling, Scarborough, Balcatta, Yokine, Rivervale, Victoria Park and Melville.
Last week Kerry Stokes said “Right now any young person out there, any apprentice, worker, tradesman — the best thing they’ll ever do in their life is walk out this weekend and buy a home in Western Australia.”
We would say that holds true for anyone in Perth who feels secure in their job and is looking to set themselves up for the future.
At some point in 2018 I believe some people will look back and say, I wish we had secured a property last year whilst there was still great choice of quality product at an affordable price. If you would rather be in the market as it shows signs of recovery, please contact me directly anytime to see if we have a solution that suits your needs.
Kind Regards
Richard