Weekly Market Report
THE LOCAL MARKET
The closing of the school holidays saw a notable increase in activity in the property market. Sales increased by an impressive 30.5 per cent compared to the previous week, with REIWA members reporting a total of 938 transactions. House sales increased by 43 per cent and unit sales rose by 41.3 per cent.
The inventory of properties on the market also saw slight fluctuations, with a total of 3,716 properties available for sale by the end of the week, marking a modest 0.7 per cent increase from the previous week. Despite this rise, overall listings remain lower than both the previous month (6.4 per cent) and the same period last year (45.6 per cent).
At White House, we have are consistently working to ensure the best results for our clients. We are please to have placed FOUR properties under offer this week.
Advisor & Negotiator, Louise Pope, placed an impressive three properties under offer in the past week. After just five days on the market, 79 Hammad Street was placed under offer over the weekend. With 72 attendees at the properties home opens, we are thrilled with the premium result for our sellers. Louise also placed 12 Mouquet Vista under offer, with the sellers delighted with the efficient service and fast result. At White House Property, our team is committed to combining expertise and networks through collaboration to deliver exceptional results for our clients. Carlie Baker and Louise Pope worked effectively to secure an offer for 21 Breaksea Drive this past week.
Fremantle’s Number 1 Agent, Connie Handcock, secured buyers for 43/10 Quarry Street. Thankyou to her wonderful sellers for entrusting us with the sale of their home.
FRESH TO MARKET
At White House, we are excited to bring new properties to the market and are thrilled to have launched SIX new properties to the market this week.
BEACONSFIELD
Detailed attention to design and low-impact living has created a home that is both beautiful and superbly functional at 78 Annie Street. Completed less than two years ago, it is pristine and perfect, and the atmosphere is serenely refreshing. Crisp white interiors, very high ceilings, north-facing open-plan, second living area, an expansive butler’s pantry and fine kitchen all relate easily to a series of garden spaces, creating a natural inside-out feeling. Solar passive and low-maintenance principles have informed the inspired architecture. It’s a friendly neighbourhood with shopping, schools and the Farmer’s Market a walk away, and a quick drive down to South Freo and the beach. Anticipating buyer interest in the mid $1,000,000s. This property will be open to view for the first time this Saturday 20 April from 10:00-10:30am
EAST FREMANTLE
Coming Soon…
Built in the 1930s, this exquisitely refurbished and extended character home, at 19 Bedford Street, has been meticulously crafted to provide its new occupants with an abundance of space, natural light, and timeless charm. Seamlessly blending original features with contemporary living requirements, the adaptable floor plan maximizes the potential of the expansive 663sqm property. Anticipating buyer interest in the high $1,000,000s, possibly more. This property will be open to view for the first time Friday 26th April from 5:00-5:30pm
FREMANTLE
Offering a captivating blend of history and modern sophistication, this charming 3 bedroom 2 bathroom heritage-listed home at 5 Holland Street seamlessly marries the elegance of yesteryear with contemporary comfort and a touch of quality in its stunningly-unassuming renovations and extensions. Stroll into the heart of Fremantle itself where all of your desires will be effortlessly accessible – from the iconic Fremantle War Memorial on Monument Hill, the bustling Fremantle Markets and beautiful Bathers Beach to picturesque Esplanade Park and the buzzing cappuccino strip along South Terrace. The best of both worlds truly are on offer to you here, providing you with a desirable lifestyle that is as impressive as they come! Anticipating buyer interest in the mid to high $1,000,000s. This property will be open to view for the first time this Saturday 20 April from 2:00-2:30pm
NORTH COOGEE
Situated within the acclaimed “Mika” development by esteemed Architects Cameron Chisholm Nicol, this exquisite two-bedroom apartment at 8/22 Heirisson Way epitomises coastal living at its finest. Boasting a captivating park vista, this residence offers an idyllic blend of comfort and convenience in a highly coveted beachside locale. Conveniently located within walking distance to the beach, South Terrace’s vibrant cafe and restaurant precinct, and with easy access to Fremantle, this residence promises a lifestyle of leisure and connectivity. Anticipating buyer interest in the mid $600,000s. This property will be open to view for the first time this Saturday 20 April from 11:00-11:30am
SOUTH FREMANTLE
Meticulously restored over the last eight years, 296 South Terrace is a nostalgic 1896-built limestone and tin cottage which offers you elegant living for now, and endless possibilities for the future. Conveniently situated in the heart of South Fremantle, the serenity of the home defies its location. The captivating front yard is the perfect spot to enjoy sunsets, and soak in the South Freo vibe. The neighbours love stopping for a chat – you will quickly feel like you have lived here forever. Behind the 3 bedroom 1 bathroom home, and accessible by your private driveway, is a vast open space (over 220m2) where you can let your imagination run wild. This property is zoned mixed use and R30, so the opportunities are ripe for the picking to live, work, extend or develop. Anticipating buyer interest in the mid to high $1,000,000s. This property will be open to view this Saturday 20 April from 10:00-10:30am
WHITE GUM VALLEY
Imagine coming home to a most idyllic setting; leafy green surrounds, pockets of native bush and birdsong overhead with meandering pathways leading to your very own family sanctuary amongst the trees at 15 Mouquet Vista. This double storey home has a versatile layout that epitomises open plan living and space for everyone with two living areas, a huge kitchen that overlooks the north facing, open air courtyard and 4 bedrooms spread out over each level. Anticipating buyer interest around the mid $1,000,000s. This property will be open to view this Saturday 20 April from 12:00-12:30pm
WHAT’S NEW
70 Amherst Street, White Gum Valley
This is the total package in an elevated position on the Fremantle border; historic cottage, two-storey solar passive extension, separate studio apartment, rambling gardens over a large block, trees and birds all around, and that down-south holiday feeling… The charm of the original weatherboard home is unspoiled, and the addition brings its own atmosphere with brilliant use of concrete, ply, timber, and massive sliding glass doors to embrace the treed environment. It’s a wonderful place to live, and the family can spread out through a series of spaces to relax, work, and play, both indoors and out. This property will be open to view this Saturday 20 April from 2:00-2:30pm. We are anticipating offers over $1,650,000
73 Preston Point Road, East Fremantle
This really is a special spot: up on a rise, steps away from the river below, on a big corner block facing Pier Street and the park. It’s a great location, and here is the opportunity to fulfil its potential. A solid brick-and-tile home offers generous living spaces, large bedrooms, a terrace wrapping around to the river view, and spacious gardens all around. You can already watch the boats on the river straight out the kitchen window, and views from a second storey (subject to council approval) would be sensational. The interiors retain the original features, offering a tempting canvas to renew in your own style, or consider all the options to make the most of this large block in a prestigious waterside position. This property will be open to view this Saturday 20 April from 12:00-12:30pm
155 Hampton Road, South Fremantle
Nestled below the street behind a screen of tall greenery, this 1890 home is full of atmosphere. Sensitively renewed with generous living space and a relaxing indoor/outdoor room, it has a feeling all its own. The garden is a wonderful surprise – it just keeps on unfolding, with a series of decks and paved spaces in a quiet, green environment that is a delight to experience. A few minutes’ walk around the corner is the South Terrace street life of restaurants, cafes and shopping, or you can take a refreshing dive into the ocean. This property will be open to view this Saturday 20 April from 9:00-9:30am. We are anticipating offers over $1,000,000
DEPARTMENT OF PROPERTY MANAGEMENT
In the rental market, there was a rise in available properties, with 2,045 properties for rent by the week’s end, up by 4.2 per cent from the previous week. Not only did sales transactions increase, but the rental sector also experienced notable activity. REIWA members reported 630 properties leased, marking a significant 26.8 per cent increase from the previous week.
At White House we are still experiencing high demand for rental properties, with our Property Management Team leasing four properties last week.
If you have been considering leasing your property or would like to know more about leasing your property, please get in touch with Monique Malarowski on 0418 228 524 monique@whitehouseproperty.com.au or Veda Spence on 0499 171 457 veda@whitehouseproperty.com.au.
If you’re a prospective tenant, we have TWO new property available for lease this week;
MELVILLE
Welcome to the epitome of suburban charm in the heart of Melville! 1/11 French Road is a wonderful 3-bedroom, 1-bathroom residence is a true gem, boasting a wealth of features that promise a lifestyle of comfort, convenience, and timeless elegance. Located in the sought-after suburb of Melville, this home offers the perfect combination of tranquillity and convenience, with parks, schools, shopping, dining, and major highways all just minutes away. This property is available for lease now, for $780 per week, for a minimum 12 month tenancy. Applications accepted through 2Apply.
SOUTH FREMANTLE
Superbly positioned in the heart of the South Beach Estate in South Fremantle — 1/40 South Beach Promenade is a secure, modern ground floor apartment that speaks for itself. Less than 200 meters to South Beach, and the endless supply of iconic cafes, bars and restaurants along South Terrace — this apartment is all about location! The spacious open plan kitchen, living and dining area flows out onto a large private courtyard. The courtyard has ample space for entertaining and has it’s own private access gate. This property is available for lease, for $780 per week, for a 12 month lease preferred. Sorry, pet’s aren’t considered. Applications accepted through 2Apply.
