Kinross First Quarter 2013

Licensee: Bridgeline Pty LtdLevel 1, 3 Boas Avenue,

Joondalup WA 6027 • Telephone: 9300 3344

Quarterly Market Report

Kinross January to March 2013

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

A professional overview

There is no doubt that the Kinross market has experienced a vibrant first quarter.

Competitive buying conditions, higher selling prices and properties changing hands very quickly have ensured many happy buyers and sellers in the area.

Traditionally the market slows down during winter but with current conditions we expect it to remain buoyant in the next quarter.

The reduced interest rates have resulted in more first-time home buyers as well as investors entering the market. Demand is also being driven by the high price of rentals in Perth and we have seen an increase in multiple offers on properties resulting in higher prices.

A sense of confidence amongst buyers is also emerging on the “Home Open” front. All of these indicators suggest a relatively healthy market.

Our advice in today’s market is:

1. Capitalise on the decreased number of homes competing for a sale.

2. Be informed about positioning your property to sell.

3. Ask about the importance of utilizing a marketing strategy to achieve the best sale price.

Kind RegardsLen and Lyn

Highest sale price: $649.000

Lowest sale price: $360.000

Median price: Houses: January $500.000

February $501.000

March $445.000

Units: January $455.000

February $455.000

March $455.000

Statistics

44Properties

sold

0

2

4

6

8

10

12

14

16

18

20

22

Num

ber o

f Sales

Sales and growth, 1st quarter 2013

January February March

Sale Price: $507,000

4 2 2 591m2

land

50 AILSACRAIG RMBL Kinross


3 2 2 798m2

land

8 AIRDRIE CNRKinross


3 2 2 652m2

land

36 BLAIRGOWIE HEIGHTS Kinross


3 2 2 450m2

land

16 BROUGHTON HEIGHTS Kinross


4 2 2 544m2

land

17 CAIRNSMORE CHKinross


4 2 2 472m2

land

55 AILSACRAIG RMBL Kinross


4 2 2 723m2

land

5 BADENOCH CTKinross


4 2 2 618m2

land

5 BROUGHTON HEIGHTS Kinross


4 2 2 631m2

land

8 CAIRNSMORE CH Kinross


3 1 1 248m2

land

1/4 CALLANDER AVEKinross


3 1 1 169 m2

land

4/4 CALLANDER AVEKinross


4 2 1 561m2

land

78 CLYDEBANK CRESKinross


3 2 2 732m2

land

10 CRANSTON LOOP Kinross


4 2 2 703m2

land

1 DARVEL CLKinross


4 2 2 538m2

land

14 DUNFERMLINE WAYKinross


4 2 2 702m2

land

11 CARRICK WAYKinross


4 2 2 727m2

land

98 CLYDEBANK CRESKinross


4 2 2 598m2

land

10 DALZELL TURNKinross


4 2 2 507m2

land

9 DUNDAFF TURNKinross


3 2 2 683m2

land

5 FINTRY CLKinross


3 1 1 365m2

land

2/31 FISHERTON CCT Kinross


5 2 2 663m2

land

15 GEOFF RUSSELL AVE Kinross


4 2 1 700m2

land

44 GLENCOE LOOP Kinross


4 2 2 606m2

land

59 GRANGEMOUTH TURN Kinross


4 2 2 643m2

land

82 KINROSS DRKinross


4 2 2 613m2

land

30 GARDINER HTSKinross


4 2 2 701m2

land

34 GLENCOE LOOPKinross


4 2 2 647m2

land

4 GOLSPIE PLKinross


4 2 6 700m2

land

15 GREENOCK GDNS Kinross


4 3 2 692m2

land

6 LANGBANK CLKinross


3 2 2 587m2

land

53 MACNAUGHTON CRES Kinross


4 2 2 445m2

land

15 MELFORT CIRKinross


3 2 2 451m2

land

2 RUTHERGLEN CIRKinross


4 2 2 626m2

land

26 STONEHAVEN PDEKinross


4 2 2 605m2

land

11 OSSIAN WAYKinross


4 2 2 582m2

land

9 MACALPINE RTTKinross


4 2 2 721m2

land

8 MELFORT CIRKinross


4 2 2 525m2

land

28 MIDLOTHIAN CRES Kinross


4 2 2 709 m2

land

6 STENTON GDNSKinross


3 1 1 602m2

land

33 STONEHAVEN PDEKinross


4 2 1 506 m2

land

60 STONEHAVEN PDE Kinross


4 2 2 748m2

land

23 WISHAW LOOPKinross

Kinross area profile• Kinross occupies approximately 3 square kilometres 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 of houses in the area is currently $445,000.

Source: www.reiwa.com.au

www.rpdata.com

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

Word on the street“Thank you for all your hard work, dedication of service in the sale of our house. All the little extras you did without question helped us greatly in our move.”

Lia and Chad Daly

“Thank you for selling our property without any hassles. Everything from beginning to end went so smoothly. We were kept well informed throughout the process. It was a real pleasure to do business with you and we would recommend your services without hesitation.”

Joan and Tommy Henchy

“We strongly recommend you as you both sold our house quickly, and at a good price. If we ever decide to sell again, or are looking to buy, we will definitely call you.”

Peter and Yiota Mourikis

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

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

Documents

Kinross First Quarter 2013