Provincial New Beginnings

The NEW Provincial Property Magazine Issue 38 | 2024 new beginnings MAGAZINE Spring Edition

In 2022 we saw the introduction of interest rate hikes and even with eight interest rate hikes in 2022 Perth's real estate market still rose 2.86% with the median house price increasing from $525,000 to $540,000. So why is this and what does it mean for Perth real estate in 2023? When you take into consideration WA's booming economy, low unemployment figures, continued population growth, low supply and high demand for housing and an average median house price that's approximately $400k-$500k less than Sydney and Melbourne it's not rocket science to predict we have a very robust and encouraging real estate future in front of us. In fact Perth still remains the most affordable capital city by median house price, and while prices have risen in the past two years, in many areas they are still below the previous peak in 2014/15. REIWA predicts the next 12 months is likely to show a moderate growth of between 2-5 % and based on current market expectations, interest rates are anticipated to have minimal impact on the WA market, in contrast to other states. With all this in mind aren't you glad you live in WA in 2023? Provincial Real Estate 'the home of new beginnings' insights & news What is the real estate market going to look like in 2024? The trend is growing more and more momentum for a new demographic of buyers entering the hills and foothills. What we first thought was maybe a honeymoon period after Covid, of new buyers looking for an alternative to the burbs and city living, is now proving to be a much more permanent pattern. Since our borders reopened in Perth after Covid, the landscape of our buyers has completely changed. To give you somewhat of an idea, prior to Covid times, the majority of our buyers would be locals upsizing and downsizing and choosing to stay within the area. Buyers from outside the area back then would have been about 20-30% of the entire buyer pool, now that has completely flipped! We would approximate that about 70% of our buyers are now from the Perth metropolitan flats, over East or overseas, making demand for our green zone real estate grow stronger and stronger, with some astonishing sales results. Overall Perth is showing continued strength compared to the rest of the country. According to PropTrack, property prices in the WA city are set to increase between 8-11%, following growth of 18.9% over the past year — the largest increase in the country. Perth house prices rose $52,000, or 6.6%, over the June quarter to a record high of $852,240 according to Domain. That was an increase of 815% since 1990 when a house set you back $96,000. The times are a changing and so is Perth, as we speak we are in the real estate hot seat with hungry buyers locally, nationally and internationally waiting to pounce. For the latest property statistics for WA visit reiwa.com.au Kind regards, B.Ciocca Ben Ciocca Principal/Licensee Provincial Real Estate The Hills Honeymoon period continues

green with envy Feature property 4 2 2 1722 L M N O VISTAS & VOGUE 78 Basildon Road Lesmurdie From $1.3m Well suited to families and entertainers and those who appreciate the dress circles of Lesmurdie, this is a lifetime opportunity to capitalise on a premiere hill side position with all the hard work done and heavy investment complete. Its proud and commanding elevation on the high side of Basildon Road provides the most advantageous and uninterrupted views of the city and beyond. Ben Ciocca | 0411 113 117 ben@provincialrealestate.com.au scan for more 255 Walnut Road, Carmel 6 14 5 68436m2 One of the most picturesque landholdings in the Perth metropolitan area along with a mountain of multi-use and multigenerational infrastructure is up for sale giving the smartest and most savvy buyers a real ‘opportunity of a lifetime’!!! Whether you’re a multi generational family who yearn for the country life only 35 minutes to Perth, an escapee of the rat race, a green thumb entrepreneur, an Airbnb Buff, a culinary enthusiast and of course but not least, those who have always wanted to channel their inner wine maker and actually make and sell their own special drop. Offers over $3m green with envy Feature property 4 2 2 1722 L M N O VISTAS & VOGUE 78 Basildon Road Lesmurdie From $1.3m Well suited to families and entertainers and those who appreciate the dress circles of Lesmurdie, this is a lifetime opportunity to capitalise on a premiere hill side position with all the hard work done and heavy investment complete. Its proud and commanding elevation on the high side of Basildon Road provides the most advantageous and uninterrupted views of the city and beyond. Ben Ciocca | 0411 113 117 ben@provincialrealestate.com.au scan for Once in a lifetime Opportunity & Options : Multigenerational near 17 acre Lifestyle or Well Known Winery!

REGAL GRANDEUR WITH A SPLASH OF EXOTIC - PREPARE TO BE WOWED! Offers from $1.5m 2 Crocus Road Kalamunda David Farrant 0455 155 021 5 2 2902 5 L N M O TWICE AS NICE! - TWO HOME Low $1m's 30 Andrew Street Kalam Ben Ciocca 0411 113 11 Guide $1.2m - $1.4m 7 Dilkara Place Kalamunda Ben Ciocca 0411 113 117 Nest in Nature - architecturally awestruck 4 2 2550 REGAL GRANDEUR WITH A SPLASH OF EXOTIC - PREPARE TO BE WOWED! Offers from $1.5m 2 Crocus Road Kalamunda David Farrant 0455 155 021 5 2 2902 5 N M TWICE AS NICE! - TWO HOM Low $1m's 30 Andrew Street Kalam Ben Ciocca 0411 113 11 REGAL GRANDEUR WITH A SPLASH OF EXOTIC - PREPARE TO BE WOWED! Offers from $1.5m 2 Crocus Road Kalamunda David Farrant 0455 155 021 5 2 2902 5 L N M O TWICE AS NI Low $1m's 30 Andrew Ben Ciocca EXOTIC - PREPARE TO BE WOWED! 5 2 2902 5 L N M O O BE WOWED! 2 2902 N O

REGAL GRANDEUR WITH A SPLASH OF EXOTIC - PREPARE TO BE WOWED! Offers from $1.5m 2 Crocus Road Kalamunda David Farrant 0455 155 021 5 2 2902 5 L N M O TWICE AS NICE! - TWO HOM Low $1m's 30 Andrew Street Kalam Ben Ciocca 0411 113 11 Offers Over $995,000 16 Mofflin Avenue Darlington Jasmine Fyfe 0448 064 680 The Nest 4 2 2 2023 REGAL GRANDEUR WITH A SPLASH OF EXOTIC - PREPARE TO BE WOWED! Offers from $1.5m 2 Crocus Road Kalamunda David Farrant 0455 155 021 5 2 2902 5 N M TWICE AS NICE! - TWO HOM Low $1m's 30 Andrew Street Kalam Ben Ciocca 0411 113 11 REGAL GRANDEUR WITH A SPLASH OF EXOTIC - PREPARE TO BE WOWED! Offers from $1.5m 2 Crocus Road Kalamunda David Farrant 0455 155 021 5 2 2902 5 L N M O TWICE AS NI Low $1m's 30 Andrew Ben Ciocca REGAL GRANDEUR WITH A SPLASH OF EXOTIC - PREPARE TO BE WOWED! Offers from $1.5m 2 Crocus Road Kalamunda David Farrant 0455 155 021 5 2 2902 5 TWICE AS NI Low $1m's 30 Andrew Ben Ciocca EXOTIC - PREPARE TO BE WOWED! 5 2 2902 5 L N M O O BE WOWED! 2 2902 N O

REGAL GRANDEUR WITH A SPLASH OF EXOTIC - PREPARE TO BE WOWED! Offers from $1.5m 2 Crocus Road Kalamunda David Farrant 0455 155 021 5 2 2902 5 L N M O STUNNING CITY VIEWS $980k - $1m 24 Brie Brie Kalamunda Joanne Pottinger 0419 903 548 5 4 2486 2 L N M O TWICE AS NICE! - TWO HOMES IN ONE OR THE EXPANSIVE ENTERTAINER Low $1m's 30 Andrew Street Kalamunda Ben Ciocca 0411 113 117 4 4 1222 3 L N M O CONTEMPORARY RETREAT ON PRETTY WHEELWRIGHT ! from $769,000 12 Wheelwright Road Lesmurdie Pamela Abraham 0409 581 008 4 1 1414 2 L N M O Inviting offers from $895k 103 Lenori Road Gooseberry Hill David Farrant 0455 155 021 Renovators delight with a touch of Grandeur! Pretty Pretty on 1713sqm block only 300m walk to Red Rooster Two Family Fairytale - 2.29ha Completely unique offering.Two generous brick homes on one title! from $899,000 20 Headingly Road Kalamunda Pamela Abraham 0409 581 008 Mid to High $1ms 18 Carmel Road East Carmel Ben Ciocca 0411 113 117 Early $1m’s 54 Lionel Road Darlington Jasmine Fyfe 0448 064 680 4/5 1 2 1788 1 2 1713 6 6 3 2.29ha 2 2 2246

REGAL GRANDEUR WITH A SPLASH OF EXOTIC - PREPARE TO BE WOWED! Offers from $1.5m 2 Crocus Road Kalamunda David Farrant 0455 155 021 5 2 2902 5 L N M O STUNNING CITY VIEWS $980k - $1m 24 Brie Brie Kalamunda Joanne Pottinger 0419 903 548 5 4 2486 2 L N M O TWICE AS NICE! - TWO HOMES IN ONE OR THE EXPANSIVE ENTERTAINER Low $1m's 30 Andrew Street Kalamunda Ben Ciocca 0411 113 117 4 4 1222 3 L N M O CONTEMPORARY RETREAT ON PRETTY WHEELWRIGHT ! from $769,000 12 Wheelwright Road Lesmurdie Pamela Abraham 0409 581 008 4 1 1414 2 L N M O From $599,000 8 Abercorn Road Forrestfield Joanne Pottinger 0419 903 548 A Breath of Fresh Air COUNTRY CHARM & CITY CONVENIENCE (4.59 acres) Elevated Elegance : renovated top to toe Family + Granny + 2.5 acres $1.25m - $1.35m 34 Canter Court Orange Grove Ben Ciocca 0411 113 117 $1m – $1.1m 43 Sampson Road Kalamunda Ben Ciocca 0411 113 117 Mid $1m’s 9 Roach Road Piesse Brook Ben Ciocca 0411 113 117 3 1 1 458 10 2 18654 4 2 1528 6 3 3 9998 REGAL GRANDEUR WITH A SPLASH OF EXOTIC - PREPARE TO BE WOWED! Offers from $1.5m 2 Crocus Road Kalamunda David Farrant 0455 155 021 5 2 2902 5 TW Lo 30 Be

Hot property, huge interest, excellent outcome Days on the market 7 Written offers 6 Inspections LESMURDIE 29 Days on the market 5 Written offers 3 Inspections 24 Days on the market 14 Written offers 4 Inspections 25 Exceeding expectations again & again Excellent presentation, raised the bar on excellent outcome LESMURDIE HAPPY SELLERS, HAPPY BUYERS JANE BROOK

Days on the market 8 Written offers 2 Inspections 29 Days on the market 11 Written offers 2 Inspections 12 Days on the market 3 Written offers 2 Inspections 26 Proven, powerful, targeted & trusted Wow! Under offer in 8 days! LESMURDIE Multiple offers – successful offer achieved in 11 days! GOOSEBERRY HILL Premium Price Orange Valley KALAMUNDA

Lesmurdie Gooseberry Hill Kalamunda our recent awards Lesmurdie Kalamunda David Farrant Property Consultant david@provincialrealestate.com.au 0455 155 021 Pamela Abraham Property Consultant pamela@provincialrealestate.com.au 0409 581 008 Joanne Pottinger Property Consultant joanne@provincialrealestate.com.au 0419 903 548 Jasmine Fyfe Property Consultant jasmine@provincialrealestate.com.au 0448 064 680 our team Ben Ciocca Principal / Licensee ben@provincialrealestate.com.au 0411 113 117 Samantha Lambert Office Manager samantha@provincialrealestate.com.au 9293 2200 Dani Guy Reception / Administration sales@provincialrealestate.com.au 9293 2200 Hayden Marijanich Public Relations New Beginnings Magazine Distributor Liz Ciocca Trust Accounts / Financial Administration Lesmu Gooseberry Hill Kalamunda our recent awards Lesmurdie Kalamunda David Farrant Property Consultant david@provincialrealestate.com.au 0455 155 021 Pamela Abraham Property Consultant pamela@provincialrealestate.com.au 0409 581 008 Joanne Pottinger Property Consultant joanne@provincialrealestate.com.au 0419 903 548 Jasmine Fyfe Property Consultant jasmine@provincialrealestate.com.au 0448 064 680 our team Ben Ciocca Principal / Licensee ben@provincialrealestate.com.au 0411 113 117 Samantha Lambert Office Manager samantha@provincialrealestate.com.au 9293 2200 Dani Guy Reception / Administration sales@provincialrealestate.com.au 9293 2200 Hayden Marijanich Public Relations New Beginnings Magazine Distributor Liz Ciocca Trust Accounts / Financial Administration Lesmurdie Hill our recent awards Kalamunda David Farrant Property Consultant david@provincialrealestate.com.au 0455 155 021 Pamela Abraham Property Consultant pamela@provincialrealestate.com.au 0409 581 008 Joanne Pottinger Property Consultant joanne@provincialrealestate.com.au 0419 903 548 Jasmine Fyfe Property Consultant jasmine@provincialrealestate.com.au 0448 064 680 our team Ben Ciocca Principal / Licensee ben@provincialrealestate.com.au 0411 113 117 Samantha Lambert Office Manager samantha@provincialrealestate.com.au 9293 2200 Dani Guy Reception / Administration sales@provincialrealestate.com.au 9293 2200 Hayden Marijanich Public Relations New Beginnings Magazine Distributor Liz Ciocca Trust Accounts / Financial Administration Goo Kalamunda our recent awards Lesmurdie David Farrant Property Consu david@provincialrealestate.com 0455 155 021 Pamela Abraham Property C pamela@provincialrealestate.c 0409 581 008 Joanne Pottinger Property C joanne@provincialrealestate.c 0419 903 548 Jasmine Fyfe Property Consu jasmine@provincialrealestate. 0448 064 680 our team Ben Ciocca Principal / Licensee ben@provincialrealestate.com.au 0411 113 117 Samantha Lambert Office Manager samantha@provincialrealestate.com.au 9293 2200 Dani Guy Reception / Administration sales@provincialrealestate.com.au 9293 2200 Hayden Marijanich Public Relations New Beginnings Magazine Distributor Liz Ciocca Trust Accounts / Financial Administration Lesmurdie Gooseberry Hill Kalamunda Lesmurdie amunda david@provincialrealestate.com.au 0455 155 021 Jasmine Fyfe Property Consultant jasmine@provincialrealestate.com.au 0448 064 680 Lesmurdie Gooseberry Hill Kalamunda Lesmurdie amunda 0455 155 021 Jasmine Fyfe Property Consultant jasmine@provincialrealestate.com.au 0448 064 680 Gooseberry Hill Kalamunda our recent awards Lesmurdie Kalamunda David Farrant Property Consultant david@provincialrealestate.com.au 0455 155 021 Pamela Abraham Property Consultant pamela@provincialrealestate.com.au 0409 581 008 Joanne Pottinger Property Consultant joanne@provincialrealestate.com.au 0419 903 548 Jasmine Fyfe Property Consultant jasmine@provincialrealestate.com.au 0448 064 680 our team Ben Ciocca Principal / Licensee ben@provincialrealestate.com.au 0411 113 117 Samantha Lambert Office Manager samantha@provincialrealestate.com.au 9293 2200 Dani Guy Reception / Administration sales@provincialrealestate.com.au 9293 2200 Hayden Marijanich Public Relations New Beginnings Magazine Distributor Liz Ciocca Trust Accounts / Financial Administration

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