Ray White have recently updated their systems to allow for a more specific, and structured Market Report, available for any suburb in New Zealand and Australia. Our office, in Cannington has been sending out market reports to property owners for the past year via post and email.
The reports detail the change in median price between 6-12months to the past 6 months, along with number of properties on the market and average days on market.
It also runs through some recent sales and new listings, both with sale and advertised prices.
What it also goes through is the demographics in the suburb. So how many homes sold between $300k – $400k or $400k to $500k, which is the primary price range for properties sold in the area. It also features population and tenure types along with household incomes for the suburb.
It is great to find out this type of information, as it lets you know as a property owner, how many properties are selling in the area, what the median price is and how long the agents in the area are averaging to sell homes.
Ray White Cannington are delivering these reports locally, nationally and internationally to people who own property in our surrounds, including Cannington, Queens Park, Wilson, East Cannington, Beckenham and Kenwick to name a few.
If you would like to receive a copy of any particular suburb within the 6107 postcode and surrounds, please give me a call on 0411 598 969 or send an email to cameron@rwc.com.au and specify which suburb you would like to be set up to receive a market report for monthly.