Laing + Simmons|Hornsby July 2017 Newsletter The talk this month is of the first-home buyer stamp duty amendments that have been rolled out by the NSW government. The new measures, effective July 1, include stamp duty exemption for first time buyers purchasing new or existing properties under $650,000, and stamp duty discounts for buyers of homes under $800,000. According to Tim Lawless, head of research at CoreLogic, these changes are likely to boost demand for this segment of the market, although removing or reducing the transactional costs for first homebuyers is likely to provide both positive and negative consequences, as it is “widely accepted that policies aimed at stimulating demand tend to push prices higher�.
Matt Effenberg Managing Director 0417 773 500
Sales News RECENTLY SOLD PROPERTIES 10/34 Albert Street HORNSBY 2 Bed | 1 Bath | 1 Car + SOLD: $667,500 + Sales Method: Private Treaty + Days on the market: 5 + Inspections: 32 206/135 Pacific Highway HORNSBY 1 Bed | 1 Bath | 1 Car + SOLD: $561,000 + Sales Method: Private Treaty + Days on the market: 37 + Inspections: 25 46/4-10 Pound Road HORNSBY 2 Bed | 2 Bath | 1 Car + SOLD: $690,000 + Sales Method: Private Treaty + Days on the market: 46 + Inspections: 60 2 Hyacinth Street ASQUITH 5 Bed | 2 Bath | 3 Car + SOLD: $1,385,000 + Sales Method: Private Treaty + Days on the market: 28 + Inspections: 35
First Home Buyers If you're a first home buyer and looking to make the most of the recent concessions in stamp duty, you may be wondering what your options are in the Hornsby region. Under $650,000, you could purchase a brand new one bedroom apartment, or an older style two bedroom apartment. Under $800,000, you could purchase a brand new two bedroom apartment, or an older style three bedroom apartment.
Investment Watch RECENTLY LEASED PROPERTIES 28A Kuring-gai Chase Road MOUNT COLAH 5 Bed | 2 Bath | 2 Car + LEASED: $895 per week
916/1C Burdett Street HORNSBY 2 Bed | 2 Bath | 1 Car + LEASED: $600 per week
42 Arthur Street HORNSBY 5 Bed | 3 Bath | 2 Car + LEASED: $895 per week
407/39-47 Orara Street WAITARA 2 Bed | 2 Bath | 1 Car + LEASED: $570 per week
Townhouses Off the Plan - Asquith
Asquith Park’s superbly master planned terraces are designed to take full advantage of their idyllic park side position offering nine luxurious terrace homes with uninterrupted views and direct access to Asquith Park and its facilities. The collection of nine terrace homes offers a selection of 3 and 4 bedroom terraces delivering contemporary and sophisticated living in a convenient family friendly locale. Positioned next to the recently revamped Asquith Park where facilities include a sporting field, off leash dog park area and new children’s playground.
Contact Adam Noakes on 0450 753 268
Looking To Invest? If you are currently looking for the right location and property for an investment, you’ll also want to consider who is going to manage your new property. The right Property Manager will maximise your weekly rental income as well as source high quality tenants who will best take care of your asset. At Laing + Simmons Hornsby, our Property Management Team have the right combination of local knowledge, experience and expertise. We make it our business to get to know you so we can understand your needs, objectives and expectations, to maximise the performance of your investment property. To find out how we can help you manage your investments, call Heidi on 0405 455 753 or email heidi@lshornsby.com.au
Meet Our Team
Matt Effenberg 0417 773 500 Managing Director
Karl Effenberg 0418 640 147 Sales Auctioneer
Ruth Conwell Operations Manager
Montserrat Blanco Accounts Manager
Fay Blundell Administration and Marketing Coordinator
Heidi van Weelderen
Lisa Foyle Property Manager
Deborah Munn Property Manager
0405 455 753 Director Property Management
Adam Noakes 0450 753 268 Sales L.R.E.A.
Shahin Shamsarya 0433 510 992 Sales L.R.E.A.
Ben Harper Leasing Consultant
Meet the team... Adam Noakes has been at the forefront of the Hornsby shire market for several years. Blazing a trail of outstanding results including multiple block, street and suburb records, he has cemented his status as one of the area’s most proficient and trusted agents. Adam understands that stellar results are not a matter of chance, they are the culmination of high-end strategy, sales and marketing, intelligently designed and implemented to perfection. It is these elements that form the backbone of Adam’s proven approach, punctuated by his trademark energy, enthusiasm and integrity. If you are considering selling, start a conversation with Adam and find out why your property is worth more with Laing and Simmons. To speak with Adam, call him on 0450 753 268 or email adam@Lshornsby.com.au
Adam Noakes Sales L.R.E.A.
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Interested parties are advised to carry out their own investigations.
Beyond the expected
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