The Chris Bursey Team in Ballajura, Western Australia | Property investment firm

The Chris Bursey Team

Locality: Ballajura, Western Australia

Phone: +61 8 9347 3000

Address: Ballajura City Shopping Centre, 22/225 Illawarra Cres S 6066 Ballajura, WA, Australia

Website: http://bursmacrealty.com.au

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24.01.2022 Why 2021 is shaping up to be a good time to sell property Megan Neil 16 Dec 2020... Australia’s property market is rebounding from a mild downturn in 2020, brought on by the coronavirus pandemic. As the real estate sector gets back on track after lengthy lockdowns, particularly in Melbourne, property experts say 2021 is shaping up to be a good time to sell property. Record-low interest rates and huge amounts of government stimulus have led to unprecedented levels of buyer demand on realestate.com.au, creating ideal conditions for vendors, according to realestate.com.au executive manager of economic research Cameron Kusher. The level of demand, as highlighted by searches, high-intent buying activity and views per listing, are all close to historic highs, indicating strong interest in property, Mr Kusher said. Play Video Why 2021 will be a good year to sell 02:05 Mr Kusher said the key drivers of this demand were government policies aimed at protecting jobs, housing market stimulus measures from both federal and state governments and historic low borrowing costs, which were likely to remain for a number of years. Restrictions on how people can spend their money, such as overseas travel being off the agenda during the pandemic, has also pushed more Australians towards investing in property. All of these factors are likely to drive a desire to purchase, he said. Mr Kusher said there is currently not enough stock on the market to satisfy buyers, putting sellers at an advantage. Sellers can take comfort in the fact that if they list their property at the right price next year, they are likely to be able to successfully sell, he said. Prices are already increasing and that growth is likely to accelerate without a meaningful rise in the supply of homes for sale. Realestate.com.au data shows the median number of days on market has dropped in many parts of Australia amid a strong rise in buyer demand in recent months, setting up a positive year for the property market.

24.01.2022 The master bedroom can make or break a house viewing. Putting yourself in the buyer's shoes with these tips will help you get it right. Read on: https://goo.gl/7JFJse

23.01.2022 Welcome to Bursmac Realty (formally trading as Ray White Bursmac) Servicing you for all your real estate needs. Please call our office on 08 9347 3000 for a free market appraisal on your home or rental property. We look forward to meeting you.

23.01.2022 Please come and view my home opens this weekend on Sunday 19 May 2019: 12-12:30pm - 60 Heacham Ave, Hocking 1-1:00pm - 33 Guadalupe Dr, Ballajura 2-2:30pm - 109 Pelican Pde, Ballajura 3-3:30pm - 10/3 Yeo Crt, Koondoola

22.01.2022 Designing a small bathroom can be tough. Find out some of the challenges you might be facing and how to fix them. Read on: https://goo.gl/Ryu1ym

22.01.2022 State of the rental markets - Perth rent values soar 8.2% annually, while Melbourne rents continue to fall 4 Dec 2020 CoreLogic November home value indices showed a second consecutive month of property value increases following a COVID-19-induced dip. For the first time since January, every capital city recorded a rise in dwelling values. This was off the back of accommodative monetary policy and fiscal policy, converging with a strong increase in consumer sentiment and the b...Continue reading

22.01.2022 Potential in the Perth market While transaction activity is gradually improving across the country, Perth stands out as a market primed for recovery. For the four weeks ending 20th of September, Perth and regional WA were the only dwelling markets where new listings volumes exceeded the numbers in the equivalent four week period of the previous year. Listings is not the only transaction data suggesting more confidence in the Perth dwelling market. This is shown in the chart... below, which capered capital city sales numbers in August, with a 6-month average of pre-COVID sales volumes. Perth is the only capital city where sales numbers where above the pre-COVID average. These higher levels of transaction activity are also showing up in mild value increases across the Perth dwelling market. In the 28-days to September 23rd, the Perth home value index increased 0.6%. While a positive turn in Perth dwellings may be surprising during a recession, the WA economy has been supported by a 4.8% increase in mining investment over the year. ABS payroll data suggests since the start of the pandemic, payroll jobs across WA fell less than 1%, compared with national declines of 4.5%. Perth dwelling values are also relatively affordable, sitting 22.2% below the record dwelling value in June 2014, and there is a strong mix of state and federal first home buyer incentives in place, which may be encouraging demand as well. A consistent upswing in Perth property values will depend on the resilience of the market through the end of mortgage repayment deferrals, whether there are further reductions in the cash rate, and how successfully COVID-19 can be contained.

19.01.2022 It's not always practical to redesign your home to make it more eco-friendly. Here are some small steps you can implement quickly and easily: https://goo.gl/e1KsUK

19.01.2022 https://www.realestate.com.au/property-unit-wa-ballajura-13

17.01.2022 A small kitchen might seem like a massive drawback to a property, but by using these tips you will see new potential to make the space seem a whole lot bigger. Read on: https://goo.gl/CXEPnU

17.01.2022 Seven simple but effective home staging tips: https://goo.gl/RD7sxv

14.01.2022 New homeowners checklist: what to look for during an inspection. Read on: https://goo.gl/T6HGyD

14.01.2022 How to fit out your first home: https://goo.gl/y7rmVc

12.01.2022 Invaluable tips for your next open house. Read on: https://goo.gl/fi1VwC Photo by Carrera By Design.

12.01.2022 Perth hits rental crisis as vacancy rate plummets below one per centNEW 21 October 2020 Perth’s residential vacancy rate continues to rapidly decline, falling to 0.96 per cent which is the lowest it has been in 13 years, and only the third time in 40 years it has dropped below one per cent. ... REIWA President Damian Collins said the vacancy rate is tracking to potentially reach the lowest we have seen which was 0.8 per cent in March 2007. With rental listings in Perth falling eight per cent to 2,926 over the month, we have certainly hit a rental crisis where tenants looking for a rental will potentially find themselves unable to find a home, Mr Collins said. In addition, the reduced supply is putting upward pressure on rents with property managers on the ground finding increases in rent are occurring on new leases, as prospective tenants are in competition with each other to secure the limited supply. Typically, during this time, we would see investors enter the market and increase stock levels however we are seeing low levels of investor activity. If investors are not encouraged back into the market, then the rental crisis will only get worse. Western Australia has approximately 17 per cent of properties purchased by investors, whereas we would normally expect to see investors buying 30 per cent or more of the available properties. At the same time, we still have investors exiting the market, meaning the supply of rental properties is not sufficient to keep up with demand, Mr Collins said. To entice investors back into the market and increase stock levels, we need to ensure that the emergency residential tenancy laws are removed in March 2021. The government needs to send a clear signal to the market that they have no intention of extending the legislation further if we remain relatively COVID-19 free. Otherwise investors will continue to sit on their hands and make a bad situation even worse. For more information on REIWA's advocacy efforts, visit our advocacy page.

10.01.2022 Creating a decor scheme that lasts season after season doesn't need to be difficult. Make some careful considerations and follow our advice. https://goo.gl/Fx4QER

10.01.2022 Open for Inspection on Saturday 2 May 2020 @ 1-1:30pm. https://www.realestate.com.au/property-house-wa-connolly-13

08.01.2022 Are you new to apartment or unit living? Follow these four tips for decorating a small space and make the most out of what you've got. Read on: https://goo.gl/BUJz6d

08.01.2022 Renovating your bathroom can be a surefire way to add value to your property. Find out what is involved and how much a remodel can add to your home. Read on: https://goo.gl/DrKjs2

07.01.2022 It's time to create living areas that act as cosy retreats away from the harsh winter winds and chills. Here's a little home inspiration to help: https://goo.gl/CDgxfs

07.01.2022 With spring around the corner, now is the time to give your interior a fresh new update. It doesn't need to cost the earth or take too long. Here are our top tips: https://goo.gl/mQLBpn

06.01.2022 A culmination of 22 years as a top performer. #realestate #warealestate #homeowner #perthrealestate #property #properties #perth #perthisok #homeopens #listings #chrisbursey #raywhitebursmac #raywhite

06.01.2022 Open for inspection on Saturday 2 May 2020 @ 1-1:30pm https://www.realestate.com.au/property-house-wa-connolly-13

04.01.2022 Three DIY projects that prove a little can go a long way: https://goo.gl/b4Jhwf

04.01.2022 Top tips for working with an interior designer for the first time. Read on: https://goo.gl/TW3G5S

03.01.2022 Six ways to make the most of your single-wall kitchen: https://goo.gl/tDAe2m

03.01.2022 Photo-sharing platform Pinterest has recently released its 2018 Home Report, outlining the biggest home decor trends of 2018 so far. Let's take a look: https://goo.gl/Bca21v

02.01.2022 Perth’s vacancy rate continues to dropNEW 18 November 2020 October's residential vacancy rate in Perth has slightly lowered compared to the previous month and now sits at 0.95 per cent, which is close to the 40 year low of 0.8 per cent reached in 2007. This comes at a time when low levels of investor finance demand is being recorded in Western Australia. ... REIWA President Damian Collins said while the vacancy rate only marginally dropped this month, investors are still not responding in large numbers despite it being an ideal time to enter the market. Investor lending activity In 2007 when the vacancy rate hit below one per cent, investor lending activity in the peak six-month period was $5.8 billion, however despite seeing the same investment opportunities, investor lending finance in the six months to September 2020 is 77 per cent lower than this, Mr Collins said. REIWA welcomes indications from the WA Government that they will not extend the emergency tenancy laws. It’s important we get investors back into the market, otherwise there will be a significant increase in the demand for public housing. October rental activity According to reiwa.com data, at the end of October not only were there 2,786 properties listed for rent on reiwa.com, which is 53 per cent less than the year prior. Perth’s median rent increased $25 to $375 per week when compared to 2019. Potential rental increase Despite the increase in rents and the expectation that it will continue due to the limited stock available, it’s important to remember that Perth is still the cheapest capital city to rent in across Australia, Mr Collins said. The proportion of family income needed to meet rent repayments in REIA’s Housing Affordability Report (June 2020 quarter) is 16.1 per cent in WA, making it the lowest in Australia, with the Australian Capital Territory the closest at 19.2 per cent. When the freeze on rents was put in place, Perth’s median weekly rent was sitting at $350 which is far from the $450 plus rents many experienced during the boom in 2013. While the potential increase will impact some people, most will be able to adjust household size and location which will free up stock and help limit rent increases to a slower, manageable pace. Are you looking to rent? View 'Tips for making your rental applications stand out'.

02.01.2022 https://www.realestate.com.au/property-townhouse-wa-koondoo

02.01.2022 Some good news at last....

02.01.2022 There's no need to let your garden suffer during the colder months. Find out how you can keep it looking good as new with these top tips. https://goo.gl/phSFUQ

02.01.2022 Rental listings reach eight-year low in September 01 October 2020 Rental listings in Perth continued to drop in September, falling eight per cent to 2,926 over the month - the lowest it’s been since 2012, according to reiwa.com data. Rental listings...Continue reading

02.01.2022 https://www.realestate.com.au/property-house-wa-ballajura-1

01.01.2022 https://www.realestate.com.au/property-house-wa-hocking-131

01.01.2022 Nine ways to make a small room look bigger and feel spacious: https://goo.gl/AYuwnJ