West Leederville’s Finest Giorgi Home 15 June 2019 / Issue 121
08 9385 5559 / www.capornyoung.com.au
WELCOME
Richard Young - CEO, Caporn Young Estate Agents
NO WINTER BLUES AS PERTH HEATS UP With positive changes to market fundamentals and a boost in sentiment that is directly affecting property, our forecast is that this winter, our markets will perform in decidedly different ways when compared to the last few winter seasons. Perth property owners have weathered several years of slowing, sluggish market conditions - and now, finally, a number of positive factors are conspiring to add some muchneeded robustness to the market. With the recent interest rate cut and more cuts predicted in the year ahead, investors are recognising that strategies such as leaving your cash in term deposits are no longer attractive or profitable. At Caporn Young, we´re expecting to see more buyers enter the real estate market after reassessing their investment strategy, and we believe there is pent-up demand with many
waiting for the right time to buy into the market. We are also receiving a significant amount of enquiry from expatriates in Hong Kong, Singapore, the United Kingdom and Canada. The cooling winter weather is so far having little impact on the volume of prospective buyers we´re welcoming through our home opens. We have listed some fantastic properties in recent weeks, and with over 100 home opens scheduled on most weekends, our hard-working sales consultants are making connections with a wide range of qualified buyers who are ready to take action. In fact in the last weekend of May, one of our top performing teams, Craig Gaspar and Michael Mort, met over 65 buyers who wandered through their home opens on a single day. They went on to write up 4 strong offers, and secured accepted sales contracts on two proprieties. The first weekend of June was a similar story, with the Caporn Young team opening over 100 properties across both days, and calling seven auctions. There are certainly no winter blues here.
COVER: Redefining luxury at 85 Northwood Street, West Leederville. Contact Craig Gaspar 0413 929 999 or Michael Mort 0403 342 681 for details.
CY Magazine is published by: Caporn Young Estate Agents Pty Ltd - Claremont Head Office 4/355 Stirling Highway Claremont, WA 6010 For advertising or other enquiries, please contact Patricia Cheah on (08) 9385 5559. Design by: Alex Zavros CY Magazine is distributed free of charge to the shaded areas below:
No other agency can put your property into 85,000 potential buyer’s letterboxes every other week.
LOCAL FOCUS
Hayley Brown - Sales Executive, Caporn Young Estate Agents
MOUNT CLAREMONT’S TRAILBLAZING FARMERS’ MARKET
One of the original farmers’ markets in Perth, Mount Claremont Farmers’ Market takes pride in bringing together the wider community on Saturday mornings. Not only does it provide access to fresh and nutritious foods, it also facilitates personal connections between farmers and shoppers and promotes sustainability and recycling. By cutting out the middleman, farmers and artisans receive more of our food dollars and shoppers receive the freshest and most flavourful foods in their area while prospering the local economy. Stalls are filled with farm origin produce and gourmet products, hot breakfasts, barista coffee and the best Nitro cold brew in Perth, freshly squeezed juices, gourmet breads and pastries, natural handmade products, and plants and flowers. They even have nutritious handmade meals and treats for your dog! This humble Market has been recognised by the Australian Gourmet Traveller magazine and The Food Lover’s Guide to Perth, and top local chefs often source ingredients here for their restaurants. It all began in 2007 with a group of parent volunteers from Mount Claremont Primary School. Starting with just a handful of stalls, it quickly grew in popularity and was awarded the Premier’s Australia Day Active Citizenship Award by the City of Nedlands for ‘providing fresh local produce and a meeting place for the local community to connect’. To this day, the Market is successfully run by the P&C and all profits are used
for the benefit of the children at the School. Parking is available for over 350 cars for a voluntary gold coin donation. These proceeds are used to maintain the school grounds and are also regularly donated to charities and local community groups. The Market now has 55 stalls that tempt customers with sustainable produce and delicious, locally made products. You can stock up on organic and heirloom vegetables and fresh herbs, just-picked fruits from the orchard, grass-fed beef, lamb and pork, free range chicken, freshly caught seafood, olive oils, unprocessed honey, farmstead cheeses, cultured butter, hot roasted chestnuts, artisan breads, ready made meals and more! The Market caters for people with special dietary requirements such as vegan, paleo, gluten free and dairy free, and has fantastic GF granola, speciality loaves, natural nut butters, cakes and pastries. So, grab your reusable market bag and bring your adventurous spirit along! Cnr Alfred Road & Montgomery Avenue. Open Saturdays 7.30-11.30am - ‘Rain, Hail or Shine’. More information at mtclaremontfarmersmarket.com.au Editor’s note: Hayley is a frequent shopper at the market and her three sons attend Mount Claremont Primary School. She can be contacted on 0410 969 172 or hayleyb@capornyoung.com.au Photos by Maggie Giles Photography.
Mi and Sandy enjoy the extra time and freedom that apartment living provides
SO LD
SOLD PRIOR TO AUCTION Come home to elegant family living with this gorgeously renovated singlelevel home. Boasting modern finishes, multiple indoor and outdoor living areas and a thoughtful separation of accommodation, this residence facilitates easy living. Nestled in the heart of Booragoon, this residence is close to great schools, Garden City Shopping Center and the Swan River.
to 0488 850 253 for info pack
9385 5559 /
capornyoung.com.au
5 CHETWYND WAY
0413 984 569 steven@capornyoung.com.au
0414 640 767 jennifer@capornyoung.com.au
FAMILY OPPORTUNITY RIVERSIDE PRECINCT 29A CLAYTON STREET Families looking for a high quality, spacious home on an easy care block, riverside of Canning Highway, look no further. An alluring floorplan with captivating indoor dimensions and stunning private westerly garden deliver exceptional family appeal in a tranquil location.
From $1,249,000 to 0488 850 253 for info pack
0409 229 115 stefanie@capornyoung.com.au
0437 225 725 nikki@capornyoung.com.au
9385 5559 /
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SOAK UP THE VIEWS SUBLIME RIVERFRONT 3/2 RIVERSIDE ROAD Ultra stylish and as spacious as a home, this brand new riverfront apartment with expansive north facing balcony is situated in a group of just four luxury apartments. Occupying one whole floor with an impeccably high quality finish and breathtaking river views. Enjoy the lifestyle you deserve today.
From $3,100,000 to 0488 850 253 for info pack
0409 229 115 stefanie@capornyoung.com.au
0437 225 725 nikki@capornyoung.com.au
9385 5559 /
capornyoung.com.au
PRIVATE FAMILY SANCTUARY 2 KINCARDINE CRESCENT Surrounded on all sides by lush gardens and a choice of recreation and entertainment spaces, this stylish and substantial home provides the ultimate lifestyle for families of all ages. With space, privacy and flexibility, this property epitomises Floreat at its best.
to 0488 850 253 for info pack
0408 370 809 helen@capornyoung.com.au
9385 5559 /
capornyoung.com.au
AU CT IO N
FRONT ROW, RIVER & CITY VIEWS LOT 1/31 SAUNDERS STREET Jaw dropping and commanding uninterrupted north facing views of the Swan River, this lot holds truly magnificent potential and will make the perfect site for your dream home. Situated in a tranquil pocket of this prestigious and highly sought-after suburb, this block is ideal for those seeking a relaxing and rewarding way of life. On site, Saturday 29th June at 12:30pm Saturday 15th June 11-11:30am & Saturday 22nd June 12-12:30pm to 0488 850 253 for info pack
0412 385 056 richard@capornyoung.com.au
9385 5559 /
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AU CT IO N
LUXURY RIVERFRONT LIVING 28/1 CORKHILL STREET The Moorings is synonymous with luxurious, riverfront resort living - the perfect blend between low maintenance ’downsizing’ without compromising on style, space and lifestyle. For many, this is considered the ultimate residential address for apartment living in the western suburbs.
On site, Saturday 29th June 11:30am to 0488 850 253 for info pack
0409 229 115 stefanie@capornyoung.com.au
0437 225 725 nikki@capornyoung.com.au
9385 5559 /
capornyoung.com.au
SOPHISTICATED CENTRAL LIVING 58 KIMBERLEY STREET Defined by a sprawling open design, elegance in functionality and the finest blend of modernity and originality, this stunning West Leederville residence sets the new benchmark in secluded family living. With all the world-class amenities, cafes, and restaurants of the surrounding suburb at your fingertips and nature on your doorstep.
to 0488 850 253 for info pack
0413 929 999 craig@capornyoung.com.au
0403 342 681 michaelm@capornyoung.com.au
9385 5559 /
capornyoung.com.au
AU CT IO N
REDEFINING LUXURY
85 NORTHWOOD STREET Asserting itself as one of the finest homes ever offered in West Leederville, this spectacular residence redefines luxury living. The home is desirably positioned in a wonderful family-friendly community, close to great schools, the city and the beach, combining opulent composition with a second to none location.
On site, Saturday 29th June at 2:30pm to 0488 850 253 for info pack
0413 929 999 craig@capornyoung.com.au
0403 342 681 michaelm@capornyoung.com.au
9385 5559 /
capornyoung.com.au
AU CT IO N
ENTHRALLING POTENTIAL 83 & 85 ST LEONARDS AVENUE Located in a wonderful family friendly community close to breathtaking Lake Monger, the city, great schools and the beach; an enviable lifestyle awaits with these superb entry-level properties. 83 - 3 bedrooms, 1 bathroom on 613m2 of land 85 - 2 bedrooms, 1 bathroom on 313m2 of land Both properties will be auctioned consecutively on 6th July. On site, Saturday 6th July at 12:30 & 12:45pm Thursdays at 5:45 - 6:15pm & Saturdays at 11:45 - 12:30pm
0413 929 999 craig@capornyoung.com.au
0403 342 681 michaelm@capornyoung.com.au
9385 5559 /
capornyoung.com.au
73a Staton Road, East Fremantle
FF ER S
SO LD O M UL TI PL E
KE T
SO M L AR D O FF
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SE NT ED
TI O N
76 Fortescue Street, East Fremantle
26 Locke Crescent, East Fremantle
SO AU L CT D
FF ER S
SO LD O M UL TI PL E
SO PR LD E
4O FF ER S
24 Glyde Street, East Fremantle
11/24 Wolsely, East Fremantle
AT
G RE AT
SO L RE D
SU LT
73a Dalgety Street, East Fremantle
21 Moss Street, East Fremantle
SO AU LD C
IN
KS
SO 2W L EE D
115 George Street, East Fremantle
PO ST
FI RS T
SO W L EE D
KE ND
SOME OF OUR SALES IN EAST FREMANTLE SO FAR THIS YEAR
41 Bedford Street, East Fremantle
WE ARE HELPING MORE EAST FREMANTLE FAMILIES BUY & SELL For details on any of these properties or to find out how we’re consistently achieving outstanding results for our clients, please contact us today. STEFANIE DOBRO 0409 229 115 stefanie@capornyoung.com.au
9385 5559 / capornyoung.com.au
NIKKI GOGAN 0437 225 725 nikki@capornyoung.com.au
99 High Street
8/7 Bellion Drive
AU CT IO N
40-42 Duke St
From $779,000 Stefanie Dobro
0409 229 115
Connie Handcock
44A Reynolds Road
From $920,000 Jennifer Noye
0414 640 767
19/2 Doepel Street
From $1,199,000 Connie Handcock
11 Walker Street
Stefanie Dobro
9385 5559 /
0409 229 115
0411 115 147
22nd June, 11:30am Romm Niblett
0411 115 147
5/31 Harvest Road
From $829,000 Stefanie Dobro
13 Myera Street
Hayley Brown
capornyoung.com.au
0410 969 172
0439 911 637
0409 229 115 9 Kavanagh Street
Craig Gaspar
0413 929 999
RENTAL REVIEW STABILITY RETURNS TO RENTAL MARKET Perth´s rental market is strengthening, with REIWA reporting that tenant activity increased 13% in May. An impressive 4,316 properties were leased across the city during the month, with returns remaining stable at a median rent of $350 per week. REIWA deputy president Lisa Joyce highlighted the suburbs that enjoyed the biggest boost in leasing activity, including Warnbro, East Victoria Park, Balga, Quinns Rock and Cloverdale.
FOR LEASE
Selection of hot properties currently for lease 11 Douglas Street
22 Little High Street
LE AS ED
33/1 Freshwater Parade
Other suburbs to perform well were Yokine, Bertram, Halls Head, Hillarys and Golden Bay. "While overall rent prices were unchanged, 26% of suburbs in Perth saw their median rent price increase, with the biggest improvements occurring in Subiaco, Mosman Park, Warnbro, Dudley Park and Cloverdale," Joyce adds. At Caporn Young, we´re achieving asking and sometimes even above-asking rents for our landlords. During May we leased 33 properties, and we expect similar results in June.
19/50 Pakenham Street
28B Green Street LE AS ED
201/72 Marine Terrace
38 Johnston Street
87B Gregory Street
LE AS ED
49 London Street
For all enquiries, please contact Caporn Young’s Leasing and Property Management team on 9385 5559.
9385 5559 /
capornyoung.com.au
Looking to join a truly amazing team? Let’s face it, life should not be about work, it’s about the journey and more importantly, enjoying the journey. The power of the Caporn Young team is the individual and the power of the individual is the Caporn Young team. If you want to be challenged, want to improve and above all, want to help great people (our clients) achieve their goals, why not contact us today? Afterall, it’s not a dress rehearsal. Choose your team and your journey carefully. Contact Dani Lawrence at careers@capornyoung.com.au for details.
9385 5559 / www.capornyoung.com.au