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peter gavalas 2024 buyers agent of the year finalist

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October 2023 Market Wrap

2024-01-11T15:27:11+08:00|

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resolvebuyersagent

A Buyers Agent works on behalf of the buyer in a property transaction. Specialising in Perth property.

Their smiles say it all 🙌 One of the best part

Their smiles say it all 🙌

One of the best parts of our job? Sharing the news: “Your offer has been accepted”! We’re thrilled to see our clients standing proudly in front of their new home, with that sold sticker sealing the deal 🏡

If you’re looking to secure your dream property, a buyers agent can make all the difference - from finding the right home to negotiating the best deal. Book a no-obligation consultation to get started!

Time to answer a commonly asked question 👏 A:

Time to answer a commonly asked question 👏

A: ‘Rental yield’ is a measure of the annual return on an investment property. It helps investors see how much income a property generates compared to its value, making it easier to compare options and assess whether an investment is worthwhile 🏡

To calculate gross rental yield, start with the property’s annual rental income, then divide by the property’s value and express it as a percentage.

For example, if a property valued at $500,000 generates $25,000 per year in rent, the gross rental yield would be 5% 📈

RECENTLY PURCHASED: North Perth Gem 🏡 We’re

RECENTLY PURCHASED: North Perth Gem 🏡

We’re so excited to have helped our clients secure this stunning property in the heart of North Perth.

Their brief? A beautiful inner-city home, perfect for family life - mission accomplished! Here’s why this property was the ideal fit:
☁️ 3 bedrooms, 2 bathrooms, and 2 car spaces
☁️ Generously sized living areas for family comfort
☁️ Beautiful character features with stylish modern touches
☁️ Walking distance to local parks and Kyilla Primary School

What a pleasure it was helping them secure their dream property - congratulations on a fantastic purchase!

DUE DILIGENCE: What should you be looking for? 🔍

Often overlooked in a competitive market, due diligence is KEY to a smart property purchase. Here are three essential factors to check before making an offer:

1️⃣ Rental vacancies: High vacancy rates can signal low demand in the area, which could affect your ability to rent or sell down the line. Look at vacancy trends to understand market demand.

2️⃣ Upcoming developments: Future projects can impact property value - new transit or amenities may increase it, while industrial or high-density developments could reduce appeal. Check local planning for any developments in the works.

3️⃣ Turnover rates: A surge in recent sales in the same area can be a red flag, suggesting potential issues. Investigate recent property sales and area history to get a clear picture of stability and long-term value.

A quick peek at this Mount Pleasant gem we secured

A quick peek at this Mount Pleasant gem we secured recently 🏡⁣
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This charming single-storey home boasts multiple living areas, generously sized bedrooms, and is just a stone’s throw from Westfield Booragoon.⁣
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A cosy haven in a prime location – keep an eye out for more highlights of this beauty!

#perthproperty #resolvebuyersagent #perthrealestate #perthhomes #perthhouses #perthpropertymarket #perthhomebuyers

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Resolve Property Solutions is an independent and qualified Buyer’s Agent specialising in Perth property. We will work hard for you to help you search, negotiate and secure your property goals at the best possible price.

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