CLAREMONT was the top selling suburb for the four weeks to August 13 according to the latest local data from REIWA.
There were 16 sales recorded in that period.
Acton Dalkeith and Cottesloe director Bev Heymans said the Claremont market was tracking very positively, with buyers in all price brackets from the small apartments to substantial family homes.
“Character homes on larger blocks are always in high demand,” Mrs Heymans, who was recently named Acton Sales Champion for 2018, said.
“There has been a high level of activity sub-$2 million as well.
“I personally have noticed Claremont is becoming increasingly popular with downsizers because of the amenity the suburb offers.”
Mrs Heymans said the number of properties available in Claremont, particularly houses, continued to be very low.
“The number of motivated buyers continues to grow, so this is really a good time to be discussing a sales campaign with your agent,” she said.
However, despite low supply and strong demand, it was not the time for sellers to be complacent. Good marketing and pricing were essential to success.
“Intelligent evidence-based pricing and a focus on presentation will ensure that sellers are able to sell within a reasonable time frame for a price in line with their expectations,” Mrs Heymans said.
“I really cannot emphasise enough how ignoring either of the above can potentially cost you thousands,if not hundreds of thousands.”