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Great home for rent NOW!

$420 per week

194 Craigie Drive, Beldon

Open any day, any time just a phone call to 0416188752

Across from a park, close proximity to all amenities mainly, Schools, transport, shopping and easy access to freeway.

Very clean, floorboards throughout, 3 bedrooms, 1 bathroom, 2 toilets.

Block is flat as a pancake, easy for children to play.

Secure 1 carport but space for 2 more cars.

 

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Good opportunity for buyers near Perth’s inner city

Good opportunity for buyers near Perth’s inner cityNEW
09 September 2017
Author: REIWA President Hayden Groves

If you were to ask people in Sydney or Melbourne whether it was possible to secure a house – not just an apartment, but a house – within 10 kilometres of the CBD for under $500,000, you’d likely be met with mirth.

Purchasing any property in Sydney or Melbourne for under $500,000 is challenging, let alone finding a property for that price just a few kilometres away from the city. It’s this point of difference that keeps the dream of home ownership alive for many more people in Western Australia than it does in other parts of the country.

For instance, unlike the major markets on the east coast, you don’t need to move miles away from the city to be able to get onto the property ladder. There are numerous suburbs within 10 kilometres of the city that offer fantastic value to savvy buyers and investors.

Perth’s 10 cheapest suburbs within 10 kilometres of the CBD
A recent report by reiwa.com revealed Perth’s 10 cheapest suburbs within 10 kilometres of the city. Nollamara, located 10 kilometres north of the CBD, took out first spot with a median house price of $410,000 for the year to June 2017. This is extraordinarily good value, and doesn’t even factor the suburb’s lower quartile price, which sits at $375,000.

Other suburbs to make the list were Cloverdale, Belmont, Redcliffe, Bentley, Embleton, Osborne Park, Kewdale, Morley and Carlisle. And of these 10 suburbs, seven were located east of the city.

The eastern corridor of Perth’s inner city is a growing area that presents particularly good value. With the Perth Stadium and surrounding infrastructure nearing completion, the opportunity is certainly there for savvy buyers and investors to purchase in a fast growing area at a relatively affordable price.

Get in quick!
We are very lucky here in Perth that there are still great bargains to be had in and around the CBD, but as WA’s population inevitably grows, it is unlikely inner city living will remain this attainable. By 2050, the state’s population is expected to have almost doubled, and as we’ve seen in most major cities around the world, as population density increases so too does the cost of real estate.

The Perth property market currently favours buyers, but property markets are cyclical and conditions will change. With signs emerging that we may have finally found, or be close to finding, the ‘floor’ of our local housing market, I would advise buyers to act sooner rather than later if you’re wanting to secure an affordable house close to the city.

Speak to a local REIWA agent in your area to discuss the options available to you.

Perth rental market subdued in June quarter, but annual leasing figures remain strong

Leasing activity in Perth was more subdued in the June quarter than it was in the March quarter, but when compared to the same time in 2016 reiwa.com data shows leasing levels in Perth increased by six per cent.

REIWA President Hayden Groves said although activity had dropped off across the metro area in the three months to June, annual activity levels had continued to improve.

“The data for the June quarter 2017 clearly shows an uptick in activity on an annual basis across the board, which is pleasing. We’re seeing notably more properties being leased now than we were this time last year.

“All five sub-regions saw lifts in their annual activity levels. The stand out performers were the South East and Central sub-regions, which improved by 10.5 per cent and 6.6 per cent respectively when comparing June quarter 2017 to June quarter 2016,” Mr Groves said.

Despite Perth experiencing a decline in activity on a quarterly basis, there were a number of suburbs throughout the metro area which saw the volume of leased rentals increase over the quarter.

“Huntingdale, Booragoon, Bedford, Aubin Grove and Sorrento saw the biggest improvement in leasing activity in the three months to June 2017,” Mr Groves said.

Median rent price
Perth’s overall median rent price softened in the June quarter, edging back slightly to $350 per week from $360 in the March quarter.

Mr Groves said this was a trend felt across each of the sub-regions, but a number of suburbs had stood out over the quarter, recording increases in their overall median rent price.

“Karrinyup in the Central sub-region was the best performing suburb for rent price, with its overall median lifting to $570 per week for the three months to June.

“Other suburbs to record positive growth to their median rent prices were Booragoon, East Fremantle, Mount Pleasant and Mindarie,” Mr Groves said.

reiwa.com data shows the median house rent price for the three months to June came in at $360 per week, while Perth’s median unit price was recorded at $330 per week.

Average leasing days
It took an average of 52 days for Perth landlords to secure a tenant for their rental in the June quarter.

Mr Groves said the figure recorded for the three months to June was fairly steady on the March quarter, having only increased by one day.

“This stability was felt across all sub-regions, with only minor changes recorded in the average leasing day figure for the June quarter. The North West sub-region was the only sub-region to experience a reduction in the number of days it took to lease a property, while the South East sub-region saw no change,” Mr Groves said.
Transcript from REIWA

Thank you for your testimonial

*****************************************************************

I have just received a testimonial from my adorable seller through ‘Rate My Agent’. Thank you Mr. Milloy!

It was a hard journey but i’m happy to have accomplished the job.
It is very rewarding to receive testimonials from clients and I have published them from time to time.
The most important thing in this business of selling real-estate is the trust that the sellers have for the agent. And most importantly it is that the agent does not break that trust.
I do “whatever it takes” to sell a property but I am ALWAYS fair with the buyers.
I have a slogan that I think that really works:
“Listen to all of their Real Estate needs”
This slogan is self explanatory.
Just listen and make sure you can satisfy their needs.
It works for the buyers too.
If you listen you will find out what they are looking for, and when you have a property coming to the market let your buyers know and give them the “first right of refusal”.
They are the BEST advocates for your career.
Thank you again Mr. Milloy.
You made my day!

Changes in Real Estate concerning Sellers for properties over $750.000,00

As from July 1, 2017 the changes to this legislation will apply to contracts entered into on or after 1 July 2017 for real property disposals where the contract price is $750,000 or more. Contracts entered into prior to July 1 are exempt
The following matters should be noted:
1. Rules will apply to sales at $750,000 and above.
2. The Buyer has an obligation to deduct 12.50% withholding tax on the sale price unless the seller can supply a FOREIGN RESIDENT CAPITAL GAINS WITHHOLDING CLEARANCE CERTIFICATE.
3. If it is partnership selling the property then all the partners must apply for a clearance certificate in their own name.
4. If it is a trust or superannuation fund selling the property then the trustees must apply for the clearance certificate in the Trustees’ name. 5. Clearance certificates once granted only are valid for a twelve month period What makes this requirement confusing as the name given to these certificates, because it is in fact Australian residents who need to apply for the clearance certificate so that tax is not deducted at the time of sale.
It is imperative that you give this advise to all your Sellers.

It is best to have the Sellers acknowledge this requirement has been brought to their attention and if they wish to obtain further information they should address their enquiries to the Australian Taxation Office.
Nevertheless we should ensure that we have informed the Seller/s of the ATO requirement.

Furthermore all the Agents have an obligation to bring this requirement to the attention of a Buyer.
All the Agencies should have the appropriate forms to inform Sellers and Buyers

Do you need a painter? I recommend the best one: Danilo

Danilo is my son in law and has been painting since he was 12, going to various
job sites with his dad. Weekends were often spent at work, and this is possibly the foundation for his work ethic.

He has mastered his skills since then, with over 20 years in the industry, and everyone who has used Danilo’s services is
extremely satisfied.

Danilo is also very professional, reliable, and leaves his jobs in a neat condition. I know this because I’m even hired him to paint my own house!
All my clients has reported their satisfaction too.

Aside from being a painter/decorator, his years in the trade industry have left him with other skills too. Need pictures hung, cabinets assembled, various things repaired, or just a fresh coat of paint around the place?

Call Danilo! 0405092249

My birthday is coming up on August 14th. It is a big one: what do I want? Listings! Can you help?

Houses, duplexes, investments, blocks, anything. I want to sell them all!

Why would you give them to me?

I would like to answer that is your trust in me that will bring you the premium price for your asset.

I am refreshed, charged up after a long holiday visiting relatives and ready to work for another 3 years to be able to go back and visit my family again. In the meantime I want to my to keep myself busy doing what I do best: selling real-estate.

How about making it your gift to me?

Call anytime and I will be there before you can say ‘Jump!’ Appraisals are still free if you wish only to find out how much your property is worth. Maybe you have a friend that you can refer to me?

Or if you want just a chat about anything related to real-estate, like refinancing, renting, house-sitting, market statistics, interest rates, if you’re wondering ‘shall I sell, develop, or sit on it?’

What can I see in my crystal ball in the future?
Hmmmm….

I am a call away: 0416188752

Stamp Duty axed for first home buyers!

On June 1st, NSW premier Gladys Berejiklian announced that first home buyers across the state will be exempt from paying stamp duty on existing and new homes up to $650,000. There will also be stamp duty concessions for properties between $650,000 and $800,000.

The changes, which will come into effect 1st July 2017, also include a $10,000 grant for builders of new homes up to $750,000, and purchasers of new properties worth up to $600,000. The previous $5000 New Home Grant Scheme will end.

As part of the reform to address housing affordability, the government has said that the stamp duty charged on lender’s mortgage insurance will also be abolished. For an individual with $50,000 in savings looking to purchase a $800,000 home, this could mean saving approximately $2900.

Foreign investment

In an effort to slow down the competition first home buyers face, foreign investors will now pay double the stamp duty surcharge – from 4% to 8% – and land tax will increase from 0.75% to 2%.

Investors

To decelerate investor competition for first home buyers in entering the market, the government will axe the ability for investors to defer paying stamp duty on residential off the plan purchases,

In addition, the State government has committed to increasing the supply of land as a means to tackle the current constraints, adding that $3 billion will be invested in infrastructure.

The exemption, is said to benefit about 25,000 first home buyers every year, with an average of $8000 worth of savings for new or existing homes.

First time I ever got involved renovating a property personally. A lot of work but very rewarding.

My husband did most of the work.
My son Merv was a great help removing the wall paper.
Bob Russell my tradesman, good for A to Z jobs, if you know what I mean, did the painting.
Mike helped with all the jobs and redecorating.


The end result is very good.
For lease now at $385 a week
28 Banks Ave, Hillarys
Behind Whitfords Shopping Centre.
Great location. Possible for commercial use too.

Wow! Sold within 6 days before sneak preview. No home open!

Going for holidays to Brazil and will get in touch when I get back for all your Real Estate needs.

Oops! I think by the time you read this newsletter the house will be sold.
And it is!
Listed and sold in 6 days. It is a record in today’s market.

Situated on a corner block, across from Seacrest Park, some ocean glimpses from kitchen window. Fabulous double car garage to house 5 cars.

Accommodation consists of a large master bedroom with separate en suite, reasonable size walk-in robe. Additionally there are three bedrooms, 2 of which equipped with double wardrobes and the fourth bedroom can also have multiple uses like office ( working from home), hairdressing salon or activity area with access from garage. 2 bathrooms and study.

This family home is perfect for outdoor entertaining, with sufficient space for the new owners to install a pool, allowing you to enjoy the company of others.

Approved plans to build up and enjoy the most fantastic views of park and the ocean.

There is nothing left to do but move in and bask in the Sorrento lifestyle, which is ideally located in close proximity to public transport, prestigious schools and the tantalising tastes and sounds of this beachside suburb. Around the corner from Sacred Heart College.

The main hub is a combined family and meals zone that benefits from an open-plan layout and is where most of your casual time will be spent, flowing on from a stunning kitchen that is loaded with extensive storage options and comprises of an island work and breakfast bench, dishwasher,a double sink, a commercial range hood.

Walk to a plethora of local parklands, as well as the nearby Sorrento Medical Centre and Harman Road Medical Centre, whilst Sorrento Primary School, Sacred Heart College, Seacrest Park’s lush playing fields, Hillarys Boat Harbour, beaches, Sorrento and Marmion, popular cafes, award-winning restaurants, public transport and convenient freeway access are all only a matter of minutes away from this very special residence. The coast is clear – make your move, today!

FEATURES;

· 4 bedrooms

· 2 bathrooms

· Study

· 3 split reverse cycle air conditioning

· Garage for 5 cars

· Hardwood floors throughout

· Sunken Lounge and Family room

· Bedroom/office/activity area

· Aproved plans to build up

Across from a park!

Oops! I think by the time you read this newsletter the house will be sold. Listed and sold in 6 days. It is a record in today’s market.

Situated on a corner block, across from Seacrest Park, some ocean glimpses from kitchen window. Fabulous double car garage to house 5 cars.

Accommodation consists of a large master bedroom with separate en suite, reasonable size walk-in robe. Additionally there are three bedrooms, 2 of which equipped with double wardrobes and the fourth bedroom can also have multiple uses like office ( working from home), hairdressing salon or activity area with access from garage. 2 bathrooms and study.

This family home is perfect for outdoor entertaining, with sufficient space for the new owners to install a pool, allowing you to enjoy the company of others.

Approved plans to build up and enjoy the most fantastic views of park and the ocean.

There is nothing left to do but move in and bask in the Sorrento lifestyle, which is ideally located in close proximity to public transport, prestigious schools and the tantalising tastes and sounds of this beachside suburb. Around the corner from Sacred Heart College.

The main hub is a combined family and meals zone that benefits from an open-plan layout and is where most of your casual time will be spent, flowing on from a stunning kitchen that is loaded with extensive storage options and comprises of an island work and breakfast bench, dishwasher,a double sink, a commercial range hood.

Walk to a plethora of local parklands, as well as the nearby Sorrento Medical Centre and Harman Road Medical Centre, whilst Sorrento Primary School, Sacred Heart College, Seacrest Park’s lush playing fields, Hillarys Boat Harbour, beaches, Sorrento and Marmion, popular cafes, award-winning restaurants, public transport and convenient freeway access are all only a matter of minutes away from this very special residence. The coast is clear – make your move, today!

FEATURES;

· 4 bedrooms

· 2 bathrooms

· Study

· 3 split reverse cycle air conditioning

· Garage for 5 cars

· Hardwood floors throughout

· Sunken Lounge and Family room

· Bedroom/office/activity area

· Aproved plans to build up