Have Things Quietened Off?

This is the golden question asked regularly by people in the market place in recent times. Whilst the urgency has softened a little in recent weeks, the overall activity in general is still very strong even amidst further interest rate rises early this year and this is reflected in above average monthly sales.

Supply and demand factors will (and always have) driven the market in any field and the real estate market in Bunbury hasn't been any different. Whilst there are still relatively low listing numbers and healthy demand for property, it will continue to push the market forward in coming months.

We do have contributing factors in the economic sector that may have an affect in the coming months such as the high number of mortgages coming off fixed rate periods, this along with major projects happening in the Bunbury Region are also bringing more people into the area which has continued to put stress on the rental market.

We've still continued to receive strong demand from the east coast as well as Perth investors on the back of strong rental returns and affordable pricing, and this is what I believe still holds our market in a good position moving forward for the rest of the calendar year.

If you have thought about an update on the value of your property or are considering selling, now still represents a great opportunity.  I welcome you to get in touch for a chat about how I may be able to help.

For more information please contact:

Tim Cooper // 0437 068 028