The local real estate market is experiencing significant growth:
- Median House Price: Approximately $1.05 million, reflecting a 16% increase over the past year.
- Average Time on Market: Homes are selling in just 18 to 22 days, indicating strong buyer demand.
- Annual Sales Volume: Around 150 houses sold in the past year, showcasing a vibrant market.
These figures underscore the robust nature of Little Mountain’s property market, making it an ideal time for homeowners to evaluate their property’s value.
Why Consider an Equity Update Now?
Understanding your home’s current market value offers several benefits:
- Informed Decision-Making: Whether you’re planning to sell, refinance, or invest, knowing your home’s worth is crucial.
- Capitalising on Market Conditions: With the current seller’s market, you might achieve a higher sale price than anticipated.
- Future Planning: An equity update can assist in financial planning, renovations, or considering investment opportunities.
Don’t find yourself reflecting later, thinking, “I wish I had taken advantage of the market when it was booming.”
WHAT’S HAPPENING AROUND TOWN?
Exciting News for Little Mountain!
We’re thrilled to announce that Little Mountain will soon have its very own Community Garden!
Our dedicated committee has been working quietly (but passionately!) behind the scenes, and now it’s official — construction begins July 1! This space will be all about growing together — veggies, friendships, knowledge, and community spirit.
Stay tuned for updates, and thank you to everyone who’s helped us get this far.
Louise Webb,
Little Mountain sales expert
McGrath Coast & Hinterland
