Mr Morgan, Managing Director of Harcourts Bunbury said “In doing our regular investigations into property trends, we noticed a dramatic jump upward in median Weekly rent.”
“According to our latest report median House rent for May 2010 compared to May 2011 jumped 10% to $330per week and Unit/Apartments for the same period jumped 20.8% to $320per week.”
“With the reduction in the volume of property being purchased but remaining increase in population to the greater Bunbury area from projects and…
The recent news from the Planning Minister John Day, announcing that the waterfront land in the Marlston Hill area of Bunbury and on the north side of Koombana Drive between Blair Street and the Cut had been approved for redevelopment, is exciting news for Bunbury.
The $45 million redevelopment could substantially increase employment and create some unique opportunities, along with redesigning the way Bunbury looks at the moment.
The section of land on the southern side of Koombana Drive would remain public open space and free from commercial development.
Bunbury MLA John Castrilli said Landcorp would begin planning for the two areas…
With the Reserve Bank leaving interest rates unchanged, providing much need relief for home buyers and sellers before Christmas.
The reserve bank leaving rates at 4.75 per cent was music to most people ears. This matched what expectations of economists and investors had.
The central bank opted to keep rates steady after a string of weaker economic figures in recent weeks, including data showing the economy expanded by a disappointing 0.2 per cent in the third quarter.
Mr Morgan, for Harcourts Bunbury stated “The current real estate market has soften since the previous rate increase, which was unexpected…
According to Richard Morgan of Harcourt’s Bunbury, there has been a dramatic increase in properties being rented over the past month.
Mr Morgan said “We actively promote our rental accommodation to corporate clients along with the 14 websites, but we had noticed a slow down in the number of properties renting until last month.”
“Last month we noticed a dramatic increase in the number of enquiries and properties renting.”
Mr Morgan went on to say, “All I can put this quick change down to is the increased employment demand and opportunities happening around the greater Bunbury area.”
Mr Morgan went on to say…
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