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Shortage of Properties For Sale & Lease
I hope you all had a good break over the Easter and ANZAC Day weekends. Our office is now back into the swing of things after 2 quite weeks. What we are seeing in the market place is still great demand for properties, but there is just not enough supply to satisfy demand.
At a rental open for inspection on Saturday last week we had 16 families view 112 Woodland St, Balgowlah. A neat and tidy 3 bedroom home with a pool in a great location. The property was leased on the day for the asking price of $1275pw. There are so many families looking for a home at present in all price ranges and there is not enough stock to go around. This appears to be good news for landlords as the under supply of rental properties will result, we expect in strong rental returns over the winter this year. If you have an investment property and you are not sure you are getting the right return please let Veronica or Emily in our team know. We can show you some recent comparable rentals and give you a complementary property management health check. Contact our office on 9948 2020 for more details.
As previously mentioned in sales we have seen a huge change in the market place over the last 4 weeks with demand finally coming back for prestige properties. Recent sales include 47 Edgecliffe Esplanade Seaforth, a modern 5 bedroom home with great views for $3,550,000 and 1/111 North Steyne, Manly for a brand new ground floor 3 bedroom apartment on the beach front, which sold for $3,700,000. We are currently working with several buyers looking for luxury properties. If you are thinking of moving we might already be talking to someone that would be agreat match for your home. Also properties under $1,500,000 are selling very well with the time on market in this price range being 14 days. Many of these properties are selling for 5% to 10% above initial expectations.
Best Wishes Jason Guildea
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| 2/49 Jackson Street BALGOWLAH |
$1075 Per Week |
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| Upper Duplex- Private Stylish Oasis |
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This expansive Upper Duplex Residence establishes a spectacular living environment by combining flowing light infused interiors and a private terrace to provide the ultimate entertainers' haven in an exclusive position.
This effortless and low maintenance home provides so many extras and exceptional finishes including polished timber floors, bi-fold doors leading out the undercover terrace, Stainless steel appliances, heated towel rails, and high ceilings.
Open for Inspection Saturday 3rd May 2014 at 12:00 |
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| 6/3 Fairlight Crescent FAIRLIGHT |
For Sale $579,000 |
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| The Perfect Position - Fairlight Lodge |
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This sunny top floor apartment is perched in a prime beach side location on the Manly to Spit walk right in front of stunning Fairlight Beach and harbour swimming pool. Situated at the back of the block towards the street in the North / East corner. It is one of only 8 X 1 bedroom units in the block in one of the districts most desirable locations. |
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| 15 Moore Street CLONTARF |
For Sale Offers Invited |
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| Orginal Housel Stunning Views |
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This neat and tidy 1960's two level brick home is set in one of Clontarf's best streets and offers stunning panoramic Middle Harbour views. The home offers rare level street access to the home and from the garage. It also has the potential to be renovated and extended, which would transform the property into a luxury family home. |
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| 47 Cutler Road CLONTARF |
More Than $2,100,000 |
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| Fabulous Family Home - View Sat at 11am |
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This great home features sparkling views to Balmoral and Middle Head. The property is set over 2 levels and provides vast living and dining areas incorporating an open plan gourmet kitchen with stainless steel European appliances. The living area flows to an entertaining deck perfect for watching the boats on the Harbour. |
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