Here is a snapshot of the most recent properties that are on the market in Carramar
In order from newest to oldest and with all the key stats for you to look over, some offer prices may not be released until finance is approved but we will keep an eye and update as soon as they get published.
Active listings in Perth have fallen below 4,000 for the first time since September 2024. The decline reflected a drop in new listings and consistently strong demand. Historically, new listings tend to decline at this time of year, with new listings in June 5.9 per cent lower than May over the past four years. However, demand remains very strong and in the past few weeks we have seen the number of sales exceed new listings. This has seen active listings decline.
While the decline in new listings was seasonal, seller sentiment was also playing a role. In the current market, selling comes with a range of challenges. If you put your home on the market, it is likely to sell quickly and you are then faced with having to find somewhere else to live, possibly in a matter of weeks. If you decide to buy first, you are then making offers ‘subject to sale’, which can make you less competitive against buyers who already have their finance sorted. And if your offer is accepted you then have to scramble to get your house on the market. Our members report these factors are creating hesitancy among some potential sellers.
Source: REIWA
Australian housing values rose by 0.6% in June, marking a fifth straight month of growth following the -0.3% dip seen between November and January.
Monthly gains were recorded across almost every broad region of Australia, with Hobart (-0.2%), the only capital city or rest-of-state region to see a month-on-month fall. The June quarter saw national home values rise by 1.4%, following a 0.9% lift through the first quarter of the year and a -0.1% decline in Q4 last year. Except for Regional Tasmania (-0.4%), every capital city and rest-of-state region recorded a rise in values through the quarter.
Cotality’s research director, Tim Lawless, says falling interest rates have been a clear catalyst behind the renewed momentum.
“The first rate cut in February was a clear turning point for housing value trends. An additional cut in May, and growing certainty of more cuts later in the year have further fuelled positive housing sentiment, pushing values higher. Although value rises have been broad-based, the pace of growth remains mild compared to mid-2023 when the quarterly rate of growth in national home values peaked at 3.3%, and for that matter, positively tepid relative to the extreme 8.1% quarterly peak growth recorded through the height of the pandemic.”
Source: Core Logic
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