Investor Report March 2025

Rentals
Available

2,024

Current
Rental Vacancy Rate

2%

Average
Rent

$675 per week

Investor Report March 2025

Congratulations to our AMAZING TEAM 🎉 🎉 🎉⁠

We are honoured to be recognised as winners across National, State AND the individual Suburb categories for the 2025 RateMyAgent Awards!⁠

🏆 PERTH TOP AGENCY – RANKED #5⁠
🏆 WA TOP AGENCY & STATE WINNER – RANKED #8⁠
🏆 NATIONAL TOP 100, AGENCY OF THE YEAR WINNER – RANKED #51⁠
🏆 AGENCY OF THE YEAR, Suburb Winner – South Perth⁠
⁠🏆 AGENCY OF THE YEAR, Suburb Winner – Como⁠


The RateMyAgent Awards recognises Australia’s top performing real estate agents and agencies, celebrating dedication to the highest standards of customer service. ⁠

These awards a result of hard work by the entire Bourkes team 💛 Thank you once again to RateMyAgent for the support and industry recognition 🌟🌟🌟🌟⁠

Investor Report March 2025

Perth’s median house sale price continues to climb

The number of properties for sale have increased incrementally over the last year. There were 4,000 properties for sale last year and 5,088 available this year. Average days on market have risen from 8 days to 16 days this year. The market is starting to slow down with numbers through Home Opens reducing. Many sellers having to temper the great expectations in relation to eventual sales prices.

Rental Market Update

Rents stabilised around May 2024 with average house rental price being stable over 3/ quarters at $650 per week and only in February increasing to $675 per week. Unit rentals have increased from $600 a week to $640 over the last year. Available rentals have hovered around 2,000 for months with 700 per week being released. A frustrating trend for many owners is, even after accepting a tenants application, they change their mind and move in elsewhere. This costs the owner in lost income and inconvenience. Week ending 28 February 2025

Things are changing around here.. Say hello to our new signboards!

Our Company News

Investor Report March 2025

HAPPY HOME OWNERS 👫

What a way to kick off 2025 for first home buyers Mia, Wil and Pumba 🐾⁠

Sold by Steven Webster Team!  

Investor Report March 2025
Investor Report March 2025

The AMAZING work ethic of our team 🌟⁠

The AMAZING work ethic of our team is not always recognised 🌟⁠  Thank you Cres for going the extra mile and acknowledging the dedication of our Senior Property Manager Ellie. Here’s to a glass of champagne 🥂.
Investor Report March 2025

Tenant of the Month

Wonderful tenants!
F&T, Preston Street, Como

“Thank you to the wonderful tenants of Preston Street, Como. They are always respectful, present very well with inspections, very positive and cooperative and are an absolute joy to assist with their tenancy!” says Ellie Flannery our Senior Property Manager.

Investor Report March 2025

Contractor of the Quarter

We would like to recognise Jack and the team at Perth Plumbing Co! They are quick to respond and take the time to answer our questions. Their team is highly skilled, solve any complications with the best resolution and go above and beyond.
Investor Report March 2025

Great Investments

Investor Report March 2025
10/216 Kooyong Road, Rivervale

FROM $420,000

This appealing 1x1x1 apartment, located in the heart of Rivervale, offers a modern and convenient living space ideal for first-time buyers, city professionals, or astute investors. Nestled in a setback position from the street, in a complex of only 10, this end apartment, built in 2014, features high-quality finishes, including stone benchtops, premium appliances, soft-closing cabinetry, and a sleek glass block splashback that enhances natural light.

Property Details:

1 x 1 x 1
Investor Report March 2025
6/9 South Terrace, Como

SUITS BUYERS IN $800,000’s

Nestled in the bustling commercial hub of Como East on Talbot Avenue, this contemporary office presents a unique opportunity for both owner-occupiers and savvy investors.

Property Details:

3 x 2 x 2

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