Mike O'Sullivan t/as O'Sullivan Real Estate in Baldivis, Western Australia | Estate agent

Mike O'Sullivan t/as O'Sullivan Real Estate

Locality: Baldivis, Western Australia

Phone: +61 412 037 729

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15.01.2022 Sellers getting prices they want! The market moves in sellers favour.

12.01.2022 Under offer in 3 days Thinking of selling message us

11.01.2022 Perth’s median house price is above $500,000 for the first time since December 2018, according to the latest reiwa.com data. REIWA President Damian Collins said reiwa.com data showed Perth’s median house sale price had increased to $508,000 during April. The Perth property market continued its strong recovery in April. It's a testament to the strength of our local market that even with the Easter and Anzac public holidays, as well as another lockdown during the month, that prices continue to rise," Mr Collins said.

10.01.2022 Housing markets around Australia continued to surge in May with CoreLogic’s national Home Value Index up 2.2% over the month. The rise in May was a stronger result compared with April (1.8%), but weaker than the 32-year high recorded in March when values surged 2.8%. CoreLogic’s research director, Tim Lawless, observes that growth conditions remained broad based both geographically and across the housing types and valuation segments. Values were up by more than 1% across every capital city over the month, with both house and unit values lifting across the board. Of the 334 SA3 sub-regions analysed by CoreLogic, 97% have recorded a lift in housing values over the past three months. Such a synchronised upswing is an absolute rarity across Australia’s diverse array of housing markets.

09.01.2022 The 20 Perth suburbs that have experienced price growth of 10 per cent or more in 2021 Twenty Perth suburbs have recorded median house sale price growth of 10 per cent or more in 2021. REIWA President Damian Collins said the Institute had forecast 15 per cent price growth in Perth by the end of the 2021 calendar year, but 20 suburbs had either met that figure or were on track to exceed that figure well before the end of the year.... A total of 20 suburbs have seen their median house sale price increase by 10 per cent or more since the start of the year. Bicton has experienced the strongest price growth in the first four months of the year, with its median house price increasing 20 per cent to $1.14 million between 31 December 2020 and 30 April 2021. This was followed by North Beach (up 17 per cent to $1.05 million), Sorrento (up 16 per cent to $1.118 million), and Applecross (up 15 per cent to $1.79 million), Mr Collins said. A mixed bag of suburbs reiwa.com data shows a mixed bag of suburbs populate the list, with nine suburbs featuring a median house sale price below the Perth median house sale price of $508,000, while 11 sit above, with eight of those in the $1 million-plus price range. The recovery of the market is widespread across Greater Perth. Six to eight months ago it was mainly the higher end of the market showing strong growth, but now we are seeing movement across the board, Mr Collins said. From Mandurah to Yanchep, REIWA agents on the ground have been telling us that the property market is strong, and this is reflected in the eclectic mix of suburbs that have made this list. For these suburbs to be only a third of the way through the year and already achieving price growth of this magnitude is quite impressive. It will be interesting to see if they can maintain this momentum as the year progresses. see REIWA site for the lists.

05.01.2022 CoreLogic’s Perth home value index shows prices have grown five per cent in the first three months of 2021. In November 2020 REIWA forecast prices in WA would increase as much as 10 per cent in 2021, however based on what we have seen in the first quarter of 2021, we now anticipate growth of 15 per cent by the end of the year," Mr Collins said.