Testimonial – Lisa

Hi Klair,

That is good to hear settlement is done. I have greatly appreciated your superb organisation and helpfulness in settlement.

Thanks and best regards,
Lisa

Our latest happy client!

Many thanks to you Klair, Working with you was painless and efficient, even if our end proved challenging at times. I am certainly happy to endorse your settlement services if the opportunity arises, and I hope we can engage you again in any upcoming opportunities.

Cheers and thanks once again.

Regards

Darren

Our Latest Testimonial

Hi Klair,

Thank you very much for all of your very hard work to get settlement through on Cook  Ct and Ellendale St. Your rapport with Kailie is clearly a great benefit and everything was communicated extremely well and handled very professionally. I will have no hesitation in recommending you to anyone in the future.

Kind regards

Chris Hyde

Meet your local Rockingham Settlement Agent

Klair Skinner your local Rockingham settlement agent will be at the Secret harbour spring fair this Sunday the 13th October so why not come along and have a chat. Klair will be available all day giving out her expert knowledge on all things property settlement related. There will also be Balloons and a colouring competition for the kids. The secret harbour spring fair is open from 10am till 4pm hope to see you there

Our latest testimonial

I just want to say a very big thank you to Klair from Madora Bay Settlements for all your help with our friends recent home purchase. In assisting our friends through a difficult settlement, Klair has been easily approachable, very professional, quick and efficient on every occasion and I highly recommend her and her business Madora Bay Settlements to anyone buying or selling a home. Thank you Klair, your help is very much appreciated

Sharon Giles

Mandurah a great place to live !

MANDURAH has retained its tourism town holiday feel despite its recent rapid population growth.

The establishment of the Mandurah train line in December 2007 aided this increase with expectations that Mandurah’s population could double by 2021.

Between the Indian Ocean, the extensive waterways of the Peel-Harvey Estuary and the lower stretch of the Serpentine River, Mandurah is growing into a thriving coastal community.

L.J. Hooker Mandurah principal Mitch Watt said despite fluctuations in the economy, property sales in Mandurah were booming.

“Prices have come down to the point where buyers have stopped sitting on their hands,” he said.

“July was the strongest sales month in my office since August 2009.”

Mr Watt said house prices in Mandurah varied considerably, depending on the location and standard, but the average was about $350,000.

Properties in Mandurah’s six canal developments with luxury homes, apartments and holiday accommodation were pricier. He said older suburbs still had 700 to 900sq m lots with older- style three-bedroom, one-bathroom homes.

Mayor Paddi Creevey said one of the city’s main priorities was to foster creativity, innovation and diversity to ensure its natural and cultural history was retained.

“When we have asked people what they love about living in Mandurah, they tell us that it’s the natural beauty, the waterways and the regional- town atmosphere,” she said.

“So, our focus on retaining our natural and indigenous heritage is so important.” Mandurah is also home to the WAFL team Peel Thunder at Rushton Park.

The facility has had a $9.2 million upgrade and a further $20 million was invested in the past year to develop and improve other sporting facilities in the area.

With tourism being a major generator of business opportunities and employment, Mandurah also annually hosts Crab Fest and the Mandurah Boat Show.

The place

Mandurah 6210

72km from the Perth CBD, Mandurah covers 173.5sq km from its northern end in Madora, to Lake Clifton 50km to the south. The local authority is the City of Mandurah.

History

The Binjareb people were the first known inhabitants. The suburb was referred to as Mandjoogoordap, which translates as “meeting place of the heart”. This name was later adapted to Mandurah.

The vibe

Retirees, young families and fly-in, fly-out workers.

Buyers

Mostly locals, though there has been a surge in migrants from Britain, South Africa and the eastern states.

Schools

Assumption Catholic, Mandurah, North Mandurah, Halls Head, Glencoe, Dudley Park, Falcon and Greenfields primary schools; Mandurah Catholic, Living Waters Lutheran and Mandurah Baptist colleges. Mandurah High, Frederick Irwin Anglican, Foundation Christian and Coodanup Community colleges.

Shopping centres

Centro Mandurah.

Public transport

Rail link to Perth. Also a stop on Transwa bus services between Perth and the South-West.

Nearest hospital

Mandurah Hospital.

source www.perthnow.com.au

madora bay tops the lot

MADORA Bay has witnessed the highest growth in median house sale price for a regional centre in Western Australia in the past year.

Madora Bay was just ahead of South Boulder and South Hedland on the Real Estate Institute of WA’s data for median house sale price from March 2012 to 2013.

Property in Madora Bay increased by 15.3 per cent during the 12 month period with the median house price now $506,250.

The median house price is still down -0.8 per cent from where it was five years ago.

In comparison the Mandurah/Murray median house price rose just 1.6 per cent in the same 12 month period.

Lakelands was ranked number nine in the highest median house sale price increase for the period with a 6.6 per cent increase.

The median house price for the suburb is now $370,000.

Other local suburbs that experienced growth were Bouvard, Dawesville, Halls Head, Lakelands, Mandurah, Pinjarra, North Yunderup and Wannanup.

Coodanup, Dudley Park, Erskine, Meadow Springs, Ravenswood, San Remo, South Yunderup and Furnissdale all saw median house prices decrease.

Greenfields and Silver Sands median house prices stayed the same

Source www.mandurahmail.com.au

How is your suburb performing

Always an interesting read to see how your local area is performing.

The following data is from www.reiwa.com.au

Suburb                         Median House Price              Growth Percentage (Dec 2012- Dec 2013)

Baldivis                          $430,000                                                      1.20%

Bertram                         $375,000                                                     -1.10%

Beeliar                            $490,000                                                     10.70%

Calista                           $269,500                                                     -0.20%

Cooloongup                  $290,000                                                    -0.20%

East Rockingham         $775,000                                                     0.00%

Golden Bay                   $340,000                                                     -9.30%

Orelia                             $318,000                                                     13.60%

Parmelia                        $275,000                                                     3.80%

Port Kennedy               $380,000                                                     0.50%

Rockingham                  $375,000                                                     -2.60%

Safety Bay                    $385,000                                                      4.10%

Secret Harbour           $461,000                                                      6.00%

Shoalwater                 $415,500                                                       0.10%

Singleton                    $424,000                                                      -3.10%

Waikiki                       $348,000                                                      -1.10%

Wellard                      $412,000                                                        5.80%

Madora Bay             $510,000                                                          15.3%

Lakelands                 $405,000                                                         6.6%

Meadow Springs    $385,000                                                         -1.3%

This is just a sample of the data from the local suburbs surrounding Rockingham. So if you can’t find your suburb  on the list please visit www.reiwa.com to see how your suburb performed. And dont forget Madora Bay Settlements are able to act as your settlement agent no matter where you are based in WA

madora bay settlements sponser local soccer team

Madora Bay Settlements are proud to be sponsoring Rockingham based 5 aside soccer team the Unfavourables

Madora Bay Settlements supplied the team with a new uniform which has been much appreciated by

all. Playing at Warnbro Aqua Jetty in their Tuesday night league the Unfavourables are well on course

for finals action again this season having featured in the past 3 finals. Madora Bay Settlements hope

to become involved with more community teams in the near future.

 

Mortgages at their cheapest in 23 years

Mortgages at their cheapest in 23 years

news pic 2Courtesty of www.watoday.com.au

Lenders have cut interest rates for the most popular type of fixed-rate mortgage to their lowest levels in more than two decades, amid bets the cash rate will fall to a record low as early as next month.

As Westpac cut its rate on two-year fixed loans below 5 per cent on Thursday, figures from comparison website RateCity showed the average cost of a three-year fixed home loan has fallen to its lowest level in 23 years, at 5.53 per cent.

A spokeswoman at RateCity, Michelle Hutchison, said it had become cheaper for the banks to offer these mortgages because of growing market bets the Reserve Bank would cut the cash rate from 3 per cent.

‘‘We have never seen average three-year fixed rates this low,’’ Ms Hutchison said. ‘‘It came close in early 2009 but it didn’t reach the average 5.53% that we currently have right now.’’

NAB’s three-year fixed loan is 5.29 per cent and ANZ, the Commonwealth Bank and Westpac charge 5.39 per cent, she said.

Westpac cut its two-year fixed rate by 0.4 percentage points to 4.99 per cent on Thursday. The bank now offers the cheapest two-year fixed loan among the big four.

Fixed-rate mortgages are priced off bank bill swap rates — which measure market expectations of moves in official interest rates.

Investors are betting there is a 50 per cent chance the Reserve Bank will cut the cash rate to 2.75 per cent next month, after governor Glenn Stevens this week said there was ‘‘scope to ease policy further.’’

The cuts come amid signs a growing number of borrowers are choosing to fix their home loan, although most still choose a variable interest rate.

Official figures show about 14 per cent of new loans had fixed interest rates in November, up from about 10 per cent six months earlier.

With credit growth remaining sluggish among consumers, banks are also pushing fixed-rate loans as a way to attract more business