Harcourts3rdquartfinpdf (3)

Licensee: Bridgeline Pty LtdLevel 1, 3 Boas Avenue,

Joondalup WA 6027 • Telephone: 9300 3344

Quarterly Market Report

Kinross July to September 2013

Len and Lyn Smith: 0409 291 502 email: [email protected]

What buyers are looking forTechnology has made it far easier for buyers to be able to see a whole range of properties online and to get as much information as they can prior to inspecting a property. Whilst the internet is a fantastic tool, one needs to be professional in approach as many home buyers may overlook a property that has been poorly presented or has been incorrectly priced. What could you be doing to make your property stand out?

• Careful preparation of the home: A professional agent will be able to advise you on what repairs and upgrades are needed to obtain a premium price.

• Duskphotographs: Dusk photography has become increasingly popular as it shows the house in a warm and welcoming light, which can make an ordinary house look more appealing.

• Floorplans: The inclusion of floor plans allows the potential buyer to map out where they may be able to place their furniture. Floor plans also show the distance between bedrooms, knowing the distance between the main bedroom and children’s bedroom could be a key factor in the decision making process for families.

• Virtualor360˚tours: Virtual tours are produced by multiple images being blended together, along with a professional commentary on the home, pointing out the best features. This allows the potential buyer to virtually inspect the house before going out of their way to physically do so. Virtual tours can persuade potential buyers to make their decisions confidently and quickly.

Whilst these are all great options for increasing exposure of a property, vendors need to ensure they are using the right type of marketing for their intended audience.

Highest sale price: $725.000

Lowest sale price: $250.000

Median price: $538,500

Capital growth on median price: 7.6% ytd

Kinross statistics

41Properties

sold

July August September0

2

4

6

8

10

12

14

16

18

Num

ber of Sales

Sales: 3rd quarter 2013

Source: REIWA. The information provided is deemed reliable but not guaranteed.

Growth in sales for the 3rd quarter has resulted in increased prices

Sale Price: $642,000

4 2 2 686m2

land

5 AILSACRAIG RMBL Kinross


4 2 2 717m2

land

12 AIRDRIE CNRKinross


3 4 2 621m2

land

29 ANNANDALE CIR Kinross


3 2 1 238m2

land

1/43 ANNANDALE CIRKinross


3 2 1 203m2

land

4/18 BENNEVIS TURNKinross


3 2 2 452m2

land

7B AILSACRAIG RMBL Kinross


4 2 2 601m2

land

18 ANNANDALE CIRKinross


3 2 1 237m2

land

3/41 ANNANDALE CIR Kinross


4 2 2 303m2

land

4 BALLIOL ELBKinross


6 3 2 729m2

land

78 BLAIRGOWIE HTSKinross


4 2 2 701 m2

land

22 CARRICK WAYKinross


4 2 2 584m2

land

87 CLYDEBANK CRESKinross


4 2 2 606m2

land

10 CORSOCK LOOP Kinross


4 2 2 621m2

land

3 CROSSHILL GRNKinross


4 2 2 558m2

land

5 CULROY GRKinross


3 2 2 445m2

land

52 CLYDEBANK CRESKinross


4 2 2 637m2

land

1 COATBRIDGE CCTKinross


4 2 2 600m2

land

36 CORSOCK LOOP Kinross


4 2 2 603m2

land

5 CROSSHILL GRNKinross


4 2 2 603m2

land

24 DUNDAFF TURNKinross


5 3 2 700m2

land

6 EDEN MEWS Kinross


4 2 1 704m2

land

3 FENWICK MEWSKinross


4 2 2 604m2

land

17 GEOFF RUSSELL AVE Kinross


4 2 2 708m2

land

143 GLENCOE LOOPKinross


4 2 1 679m2

land

22 INVERLEITH TURNKinross


4 2 2 574m2

land

28 EDINBURGH AVE Kinross


4 2 2 680m2

land

8 FINTRY CLKinross


4 2 2 701m2

land

5 GLENCOE LOOP Kinross


4 2 2 701m2

land

4 GRETNA CRTKinross


4 2 2 595m2

land

17 KINGLASSIE CIRKinross


2 1 1 183 m2

land

8/157 KINROSS DRKinross


3 2 2 708m2

land

39 KIRKDALE TURNKinross


5 2 2 616m2

land

12 OSSIAN WAYKinross


4 2 2 561m2

land

11 ROXBURGH CIRKinross


3 3 2 616m2

land

57 SELKIRK DRKinross


4 2 2 788m2

land

27 KIRKDALE TURNKinross


4 2 2 629m2

land

29 MELFORT CIRKinross


4 2 2 579m2

land

6 RENFREW GDNS Kinross


4 2 2 640m2

land

14 SEAMILL GLENKinross


4 2 2 448m2

land

3 SHIN WAYKinross


4 2 2 688m2

land

5 WHIM CTKinross

Kinross area profile• Kinross occupies approximately 3 square kilometers of land and has a park

covering nearly 1% of total area.

• The population of Kinross in 2011 was 7,179 people and remained relatively stable when compared to 7,241 people in 2006. The predominant age group in Kinross is 0-14 years.

• Households in Kinross are primarily couples with children and are likely to be repaying between $1800 - $2400 per month on mortgage repayments.

• In 2011, 77.8% of the homes in Kinross were owner-occupied compared with 78.6% in 2006.

• The median sales price for the last quarter in the area is currently $539,000.

www.rpdata.com

Source: REIWA

Len and Lyn Smith: 0409 291 502 email: [email protected]

Word on the street

I am writing today to thank Len & Lyn Smith from Harcourts for their professionalism and courtesy in dealing with the sale of our house.

Our home was on the market for 3 months with another vendor and we didn’t even get an offer. Len & Lyn of Harcourts came along and had our house sold within 3 weeks and also had 2 offers in that time.

All through the process we were kept well informed and nothing was too much trouble. I would, and have, recommended Len & Lyn to friends for future sales.

Paul Kehoe

Hi Rhonda, I am sending you a email in regard to one of your staff members Len Smith. Previously we had our Kinross property on the market with another real estate company, and had all sorts of dramas and no results or any feedback. After meeting Len Smith we were very impressed with his amazing customer service and how he would go that extra mile. Living in Kalgoorlie we were unable to help with home opens and we relied on him to present the house and market it to sell. He amazed us and sold the property in 2 weeks at a price we wanted. He constantly updated us with news and made us feel like we didn’t need to worry about a thing. We would recommend Len to anyone selling a home in the area, we just wanted to let you know how impressed we were with him. We have sold 3 investments properties this year, and by far he has been the best! Emma Darcey

“We were kept well informed and nothing was too much trouble...”

Licensee: Bridgeline Pty LtdLevel 1, 3 Boas Avenue,

Joondalup WA 6027 • Telephone: 9300 3344

Len & Lyn SmithArea Managers

[email protected]

M: 0409 291 502 P: 08 9300 3344 F: 08 9300 3345

www.alliance.harcourts.com.au

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