The NEW Provincial Property Magazine Summer Edition Issue 39 | 2024 new beginnings MAGAZINE
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. W ith all this in mind ar en't you glad you live in WA in 2023? Provincial Real Estate 'the home of new beginnings' Kind regards, B.Ciocca Ben Ciocca Principal/Licensee Provincial Real Estate Reflecting on 2024 After a wave of real estate growth since 2021 there was some speculation whether Perth was going to continue its extraordinary growth trends in 2024. Latest figures at the end of October show Perth as a whole has seen a super impressive 24.5% in median house price growth in 2024, with Perth median house prices rising to $710,00 by the end of October (REIWA). So what's caused this growth to continue? The core influencing factors have remained steady, they are a thriving local economy, strong mining sector, shortage of homes, high rental demand, historically lowish interest rates, government incentives for first home buyers and new builds and population growth from overseas and interstate. All such contributing factors not only naturally propel the market but also give the market confidence now and in the near future. So where to from here in 2025? According to 'HereProperty' based on the trajectory of Perth house prices, Perth's median price for a house is expected to range anywhere between $840,000 to $856,000 by the end of 2025. Which is no less than an extra $140,000 from the $697,000 Perth property prices recorded in August of 2024. That is to say that house prices will probably be rising strongly (until more properties are built). We should also mention if stock levels don't increase and if interest rates drop in 2025, this could also add more fuel to an already growing real estate market in Perth. Festive Wishes and Spare a Thought or a Donation Although our real estate market is in an extraordinary and exciting growth phase for some, it is also causing financial implications and challenges for so many West Australians. Provincial Real Estate is a proud supporter of 'The Salvation Army'. Any support or a donation of any amount you can spare would be greatly appreciated. To support you can visit salvationarmy.org.au or donate non perishable goods or toys to the collection basket in our office located at Shop 2, 3 Canning Road, Kalamunda (next to Red Rooster). The Provincial Team wishes everyone a safe and festive season and would like to thank all our clients so much for their support over the past year! insights & news WHAT A YEAR IN REAL ESTATE!
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 green with envy Feature property 4 2 3 3600 L M N O 'VICTORIAN GRACE' ONCE IN A LIFETIME... 80 Walker Street, Mundaring High $1m's The phrase 'Once in a lifetime' can be often overused when it comes describing real estate but I can assure you I don't use this phrase lightly and this is one estate that warrants every bit of the phrase 'Once in a lifetime'. Ben Ciocca | 0411 113 117 ben@provincialrealestate.com.au scan for more
ONCE IN A GENERATION From $879K 10 Leschen Way Darlington Jasmine Fyfe 0448 064 680 N O L M 4 2 3 1093 Pamela Abraham
HONEYPOT HAVEN mid to high $900,000's 22 Mason Road Kalamunda Pamela Abraham 0409 581 008 N O L M 4 2 6 1353
PRETTY POOLSIDE Guide $950k-$1.05m 1 Nicholson Crescent Lesmurdie Ben Ciocca 0411 113 117 4 2 1012 2 L N M O COTTAGE ON THE HILL $900k's to Low $1m's 55 Kalamunda Road Kalamunda Ben Ciocca 0411 113 117 4 5 1745 2 L N M O ATTENTION FAMILIES - LOCATION, LOCATION, LOCATION From $1.1m 23 Schmitt Road Kalamunda Ben Ciocca 0411 113 117 4 1 1744 2 L N M O AFFORDABLE FAMILY HOME $799,000 Plus 8 Barwon Street Lesmurdie Joanne Pottinger 0419 903 548 4 2 1020 2 L N M O
AUSTRALIAN HOMESTEAD HAVEN Guide $1.15m - $1.25m 188 Orange Valley Road Kalamunda Ben Ciocca 0411 113 117 3 6 1948 2 L N M O TWO QUALITY HOMES, ONE UNIQUE OPPORTUNITY Early $1ms 54 Lionel Road Darlington Jasmine Fyfe 0448 064 680 2 2246 2 L M O FANTASTIC PACKAGE WITH LOVELY STREET APPEAL - GOLDEN TICKET! Inviting Offers From $729k 76 Golden Crescent High Wycombe David Farrant 0455 155 021 3 1 719 2 L N M O SUMMER FUN AND WORKSHOP Low $1m's 23 Ryan Way Lesmurdie Ben Ciocca 0411 113 117 4 4 1074 2 L N M O
Days on the market Inspections Exceeding expectations again & again Written offers Days on the market Inspections Written offers Days on the market Inspections Written offers SUPERSONIC SALE KALAMUNDA 4 2 21 HOT PROPERTY - HAPPY BUYER, HAPPY SELLER LESMURDIE 8 1 13 MULTIPLE OFFERS - UNDER OFFER WELL ABOVE ASKING IN 11 DAYS GOOSEBERRY HILL 11 3 45 HAPPY SELLERS, HAPPY BUYERS
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 Inspections Exceeding expectations again & again Written offers Days on the market Days on the market Inspections Written offers HUGE INTEREST FOR THIS VILLAGE SWEETHEART EXCELLENT OUTCOME KALAMUNDA 8 5 28 MULTIPLE OFFERS, $175K OVER ASKING PRICE! DARLINGTON 4 8 50 MULTIPLE OFFERS – UNDER OFFER WELL ABOVE ASKING IN 6 DAYS KALAMUNDA 6 29
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 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 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provincialrealestate.com.au 2200 en Marijanich Public Relations eginnings Magazine utor 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 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 Lesmurdie Gooseberry Hill Kalamunda our recent awards Lesmurdie 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 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 Allia Khanbhai Property Consultant allia@provincialrealestate.com.au 0404 819 132
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Printed on recycled paper complimentary appraisal & gift pack provincialrealestate.com.au P: 9293 2200 @ProvincialRealEstateKalamunda INTERESTED TO KNOW WHAT YOUR HOME IS VALUED AT? Call 9293 2200 and receive a complimentary, no obligation and comprehensive property appraisal. Each property appraisal receives our Free Guiding Gift pack along with our extensive local knowledge and award winning expertise. Printed on recycled paper complimentary appraisal & gift pack provincialrealestate.com.au P: 9293 2200 @ProvincialRealEstateKalamunda INTERESTED TO KNOW WHAT YOUR HOME IS VALUED AT? Call 9293 2200 and receive a complimentary, no obligation and comprehensive property appraisal. Each property appraisal receives our Free Guiding Gift pack along with our extensive local knowledge and award winning expertise. Printed on recycled paper provincialrealestate.com.au P: 9293 2200 @ProvincialRealEstateKalamund To celebrate our new look we are inviting you to find out what your home’s value is and receive a complimentary Provincial Promo Pack for the first 50 people. No obligations just a free, friendly comprehensive property appraisal from the Provincial Team! Call 9293 2200 to book your appointment Disclaimer, no responsibility or loss occasioned to any person acting or refraining from action as a result of the material in this publication can be accepted by Provincial Real Estate Please Recycle
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