|
|
|
|
| |
Leasing
Surprisingly we have seen the demand for rental properties fall over Summer and with the fall in demand rental returns are lower than 6 months ago in all price ranges. This is especially true with a larger decrease in demand from tenants in the executive property market. The maximum search rent we are seeing at present is about $2000pw. One of the reasons for this is that there has been such a strong rise in property prices in the local area over the last 6 months and people that were leasing have now decided to buy and as such there are less potential tenants for properties. We also feel that there are many more properties for lease this year as investors have been buying properties in greater levels than we have seen for several years and there is now an oversupply.
Despite the slower market we are proud of achieving some great recent results including leasing 48 Edgecliffe Esplanade Seaforth for $2500pw after just one inspection Other great results this month were 93 Seaforth Crescent, Seaforth for 3300pw, 14 Beatrice Street Clontarf at $2200 pw and 8 Barrabooka Street at $1425pw. Please contact us if you know anyone that is looking for a property manager – we have been the area specialist for over 18 years.
Best Wishes,
Elissa Carmichael, Emily Crosweller, & Cassandra Campbell
|
|
|
|
| |
Article from RP Data
Welcome to the RP Data Property Pulse
Introduction by Cameron Kusher - Courtesy of RP Data
Home values across the combined capital cities increased by 1.2 per cent in January 2014 according to the RP Data-Rismark Home Value Index. The rate of value growth over the month was slightly slower than the 1.4 per cent increase in December 2013 and highlights that housing market momentum from late 2013 has been carried in to early 2014.
Over January, each capital city experienced a rise in values except for Adelaide where they were unchanged and in Perth and Darwin where values fell. Over the three months to January 2014 combined capital city home values increased by 2.7 per cent. Over this period, home values have increased across each of the eight capital cities.
Combined capital city home values have increased by 9.8 per cent over the 12 months to January 2014. Over the year every capital city apart from Hobart (-0.2 per cent) has recorded a lift in dwelling values. Sydney (13.4%) and Melbourne (11.9%) have been the primary driver of capital gains over the current growth cycle. Value growth has been more moderate in Perth (6.9%), Darwin (4.6%) and Brisbane (3.8%) and significantly lower in Canberra (2.7%) and Adelaide (2.5%). Although the headline figures for capital growth are strong, the individual city-based data shows that the headline figure is largely being driven by strong growth in the two largest capital cities.
Breaking the results down into houses and units, it shows that annual value growth for houses has been stronger (10.1%) than that for units (8.0%).
The trend where houses are recording higher capital gains compared with unit markets is evident across every capital city except Perth over the past year. It will be interesting to see whether this trend is replicated in 2014 given that, based on median selling prices, units are $95,000 more affordable across the combined capital cities and as much as $214,500 more affordable in Sydney.
|
|
|
|
|
|
|
|
|
5/27 Lower Beach St BALGOWLAH |
Auction |
|
|
Bright and Spacious - Easy Living |
|
|
|
This large 2 storey freestanding townhouse stands out from the crowd with its huge living area, separate family room and spacious private front courtyard. Located down its own private driveway the home is only 2 blocks from North Harbour Reserve and the Manly to Spit walk way. |
|
MORE INFORMATION |
|
|
|
|
Fabulous Potential Stunning Views |
15 Moore Street CLONTARF |
|
|
|
Offers invited |
|
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. |
|
MORE INFORMATION |
|
|
|
|
Coming Soon - Auction March 2014 |
90 Cutler Road CLONTARF |
|
|
|
Offers invited |
|
This stunning home sits in a prime elevated position on Cutler Road and offers expansive 180 degree views of Middle Harbour. The never-to-be-built-out vista looks across to Chinaman's Beach and Balmoral, and encompasses all four headlands. |
|
MORE INFORMATION |
|
|
|
|
Great Views, Open Living, Space and A Huge Pool. |
29 Alma Street CLONTARF |
|
|
|
Offers Over $2.3mil |
|
This great family home was completely renovated 3 years ago and features open living and dining that leads out to a stunning entertaining deck that enjoys sparkling views of Middle Harbour across to Balmoral. |
|
MORE INFORMATION |
|
|
|
|
Buy & Build The Best Luxury Home In The Manly Area |
14A Beatty Street BALGOWLAH HEIGHTS |
|
|
|
Offers Invited over $5,500,000 |
|
Your once in a lifetime chance to own a North/ East facing beachside site on beautiful Manly Cove. Boasting a massive 1303m2 of waterfront reserve land with stunning views across Manly Cove to Manly and Eastern Hill, this is a dream opportunity to build your own secluded, private residence just 30 minutes from the CBD and 5 minutes from Manly. |
|
MORE INFORMATION |
|
|
|
|
|
|
Beautiful furnished apartment- 6 month lease from April |
1/3 Cove Ave MANLY |
|
|
|
|
|
What a find! Amazing holiday/short term apartment in the best part of Manly.
With it's unique combinations of comfortable & contemporary interior design this brand newly built modern duplex home offers extreme luxury living. |
|
MORE INFORMATION |
|
|
|
|
Stunning Waterfront Home - View Sat at 12 noon. |
7 Laura Street SEAFORTH |
|
|
|
|
|
This beautiful 1980's, tri-level waterfront property features views of The Spit and Middle Harbour from every room.
The entry level boasts a modern, open plan kitchen with stainless steel appliances & walk in pantry, family room and terrace, separate dining, huge living room with built-in bar and guest WC. |
|
MORE INFORMATION |
|
|
|
|
Brilliant Short Term 3 month Lease |
15 Dalwood Avenue SEAFORTH |
|
|
|
|
|
Occupying a commanding elevated setting with views that stretch across Middle Harbour and beyond, this magnificent home is a entertainers delight. Flowing over two light filled levels, the interiors balance flexible and functional family living. |
|
MORE INFORMATION |
|
|
|
|
Modern Four Bedroom Family Home |
101 Woodland Street BALGOWLAH HEIGHTS |
|
|
|
|
|
This 4 bedroom 2 storey executive home offers superb open plan living in exclusive Balgowlah Heights. The property boasts:
- Four good sized bedrooms, all with built in robes - Two sun-drenched entertaining balconies over looking pool - Ocean views to Manly and beyond - Open plan living & dining - Separate Study - Large external storage room - Separate Family Room - Ultra modern, eat in gas kitchen with stainless steel Miele Appliances - In ground pool - Under cover parking - Level back yard - Stunning finishes throughout
Available: 7th April 2014 Inspect: Inspections will commence from 12th March Contact: Executive Leasing Emily or Cassandra 9948 2020 |
|
MORE INFORMATION |
|
|
|
|
Unique Family Home in Blue Ribbon Location |
2 Gertrude Street BALGOWLAH HEIGHTS |
|
|
|
|
|
Positioned in a quiet culdesac, stands this deceptively spacious family home. Set out over three levels with dual street access, the home enjoys year round sunshine & spectacular harbour views. Features include:
* Good sized bedrooms with built in robes, main with walk in robe * Sparkling ensuites and main bathrooms * Modern gas kitchen with dishwasher * Office/study room as well as separate Media Room * Spacious separate lounge & dining with Bose surround sound system * Polished floorboards * Level rear yard, bathed in sunshine * Private front courtyard * Separate self-contained studio with own private entrance * Reverse cycle air-conditioning * Gas heating * Over sized lock up garage /storage with internal access * Unfurnished or furnished / short or long term options
A short stroll to Balgowlah Heights Shopping Village, local schools, transport & just minutes to the delights of Manly or Harbour Beaches, this is effortless family living set in sophisticated style! |
|
MORE INFORMATION |
|
|
|