What’s making news at ACTON!
WELCOME TO ACTON!
The strong sales numbers experienced in the early
months of the year have continued into the second
quarter. As we predicted, the market has been
showing strong signs of having entered a recovery
phase, and we believe this is sustainable.
We are seeing continued strong demand, listings
remain well below the equilibrium point of 12,000,
properties are selling at a faster rate, and prices
are already starting to move. These conditions
suggest that we can expect price growth of 8 to
10 percent over the next 12 months.
In another positive sign, good sales results are
being experienced across all sectors of the
market. In good news for renters, the rental crisis
appears to be over. The critical shortage of
properties has eased, in part as a result of some
tenants choosing to buy their own home and more
investors entering the market.
Rental listings were up significantly on the same
time last year, giving tenants more choice and
reducing the pressure on rents.
While rents are not expected to rise much further,
investors can still receive very good returns,
they just need to be market savvy - investing in
in-demand areas, buying the type of property that
appeals to tenants and, like sellers, pricing the
property to meet the market.
Mark brings a wealth of experience and
knowledge gained over 25 years in the industry,
with the last 15 years spent at the senior corporate
management level.
Mark ran his own successful agency, before
moving on to be the State Manager for two major
national franchises.
Most recently he ran Real Estimations - a specialist
advisory service providing a dedicated range of
consultancy services to the real estate and broader
property industries.
ACTON Carine Glades
The ACTON brand has increased its presence in
the northern coastal suburbs with the opening of
ACTON Carine Glades in May.
Located at the new Quarter Building at the Carine
Glades Shopping Centre, ACTON Carine Glades
will service Carine, Duncraig, Padbury, Hillarys
and surrounding suburbs.
Directors Alan Baxendale and Barney Fleiser have
extensive experience in helping people buy, sell
and invest in these areas and have built a strong
team who are dedicated to bringing ACTON’s
premium service to the region. They can be
contacted on 9246 0611.
Welcome to the family
This year we have welcomed two strong leaders
to the ACTON Group. Travis Coleman is the new
Director of ACTON North, while Mark Sinclair
joins Peter Beckton as joint Director of ACTON
Central.
Travis has left a highly successful 13 year career
as a property valuer and State Manager of Propell
National Valuers to join ACTON. His previous role
gave him a lot of experience in the premium sector
of the property market, plus he is very familiar with
the ACTON North Region, having grown up in the
City Beach area and attended Newman College.
The new ACTON Carine Glades office