Residential Magazine Issue 36 by CommunityNewspaperGroup

residential WESTERN SUBURBS WEEKLY

ISSUE 36 • OCTOBER 21 • 2008

Beach resort on city’s doorstep City Beach home hopm oozes urban sophistication and resort-style panache

Come and see the best view in Mandurah. • Spectacular views of the ocean, estuary or marina • Café, Bar & Brasserie • Gymnasium and outdoor swimming pool • Close proximity to restaurants and entertainment precinct

Visit our new display apartments,Vivaldi Drive Mandurah. Open 11am to 4pm Monday, Wednesday, Saturday and Sunday. Call 9424 9999 or visit mirvac.com.au Mirvac Real Estate Pty Ltd

INDEX

NEWS

THIS edition of Residential marks the launch of an exciting new section, Luxury Living. We all know geographically the western suburbs are a great place to live, but what indulgences are on offer for locals and visitors? Luxury Living will showcase some of the many restaurants, night spots, boutiques and attractions that make up one of Perth's most prestigious locations. This week I checked out The House of Riches in Cottesloe, a traditional jewellery store specialising in fine antiques and impressive contemporary pieces. Since 1992, the store has provided a rich selection of stunning jewellery and silverware.

2-3, 24

COVER STORY

This majestic coastal home with sweeping ocean views is a beach lovers dream.

REVIEWS

7-22

JUST LISTED

PROPERTIES FOR SALE

APARTMENTS

LUXURY LIVING

COASTAL AND COUNTRY REIWA CONFERENCE

26-29 30

CARMELLE SANDER Editor

It has developed into WA’s leading supplier of fine antique jewellery, making it a popular stop for collectors and connoisseurs. On the news front this week, the REIWA conference last Thursday and Friday proved a huge success. Among the industry titans

CONTACTS Group Real Estate Editor: Stephen Miles (08) 9237 1540 Stephen.Miles@communitynews.com.au Residential Editor Carmelle Sander (08) 9237 1487 carmelle.sander@communitynews.com.au Writers:

120 Roe Street, Northbridge WA 6003 Phone: (08) 9237 1630 Fax: (08) 9237 1059 residential@communitynews.com.au Published by: Community Newspaper Group, 120 Roe Street, Northbridge, WA, 6003 and printed by West Australian Newspapers Limited, 54 Hasler Road, Osborne Park, WA, 6017

‘Check out Luxury Living on page 25’

Romena Manning (08) 9237 1464 Romena.Manning@communitynews.com.au Courtney Notte (08) 9237 1464 Courtney.Notte@communitynews.com.au Samantha Jones (08) 9237 1464 Samantha.Jones@communitynews.com.au Tanya MacNaughton (08) 9237 1464 Tanya.MacNaughton@communitynews.com.au

Advertising Manager: Jenny Weir

(08) 9237 1602

Advertising Representatives: Anthony Jones

(08) 92371030 or 0413 444 073 Anthony.Jones@communitynews.com.au

Office Co-ordinator: Lauren Peirce

(08) 9237 1630

Staff Photographers: Will Russell, Andrew Ritchie Editorial Designers: Jody Castrianni, Jo Jamieson Form & Function: Donna Coleman

0417 172 344

Donna.Coleman@communitynews.com.au For requests for property reviews, please e-mail: residential@communitynews.com.au

represented were John Symond , from Aussie Home Loans, and leading US visionary speaker Stefan Swanepoel. More reports on the conference can be found on Page 30. The latest figures from the Housing Industry Association’s Name and Shame Campaign show the worst hit western suburbs for building site theft and vandalism. Swanbourne and Wembley were the frontrunners, followed closely my Mosman Park, Nedlands and Cottesloe. Hot items taken from building sites include glass panels, doors, lintels, door frames, door furniture and timber. In the past 12 months there were 24 reports in the western suburbs, with a damage bill worth more than $12,000. Full report: Page 3

NEWS

Stay vigilant against thieves Reporting any suspicious behaviour is the key to getting the better of building site vandals, thieves and dumpers. By CARMELLE SANDER BUILDING sites in Swanbourne and Wembley are among the worst hit in the western suburbs for theft and vandalism. Whether you are building your dream home or renovating, offenders use this opportunity to damage and steal property. The Housing Industry Association’s Name and Shame campaign encourages neighbours and passers-by to report suspicious behaviour and crime at construction sites. Between October 1, 2007 and October 1, 2008 there were 24 reports in the western suburbs, leading to a damage bill of more than $12,000. The total value of stolen property at sites in Swanbourne and Wembley was in excess of $6000. Mosman Park reported four incidents of theft and vandalism in the past 12 months, costing over $1200. Nedlands and Cottesloe building sites were also attractive for thieves, with seven reported cases last year. Name and Shame campaign spokeswoman Nikki Tucker said the figures were derived only from HIA members’ reports and, in reality, could be much higher. “The hot items taken from building sites include glass panels, doors, lintels, door frames, door furniture and timber,’’ she said.

“Spa baths have also been known to be stolen.’’ While this might prove disturbing for those building or renovating, there are ways to keep your property safe. Community crime prevention tips include reporting suspicious behaviour in your neighbourhood and being aware of people loitering in the vicinity of building sites at night or outside normal working hours. Steven Gill from the HIA told Residential that while new housing estates were the worst for theft, people in the western suburbs should be aware that renovation sites and redevelopments were also a prime target. “New housing estates record the highest rate of theft and vandalism because there are often no neighbours around,’’ he said. “We cannot stress enough the importance of people reporting any suspicious behaviour at construction sites. If it leads to a successful prosecution, they could receive a reward of up to $3000.’’ In addition to building site theft, Mr Gill said dumping at building sites was an increasing problem. He urged people to “Dob in a Dumper”. “Building site dumping is a major issue and, with the cost of waste disposal, expensive,’’ he said.

COMMUNITY CRIME PREVENTION TIPS The Name and Shame campaign focuses on reporting “suspicious activity”. The building industry in WA needs your help in observing and reporting suspicious activity on Perth’s building sites.

Community members should look for people who are: on building sites in the dark ■ on site outside the normal building hours ■ loitering in the vicinity and later seen on site ■ removing materials from the rear or side doors ■ damaging property ■ removing doors, windows, spas, hot water units and airconditioning units ■ removing materials that have recently been installed or delivered to the site ■ loading materials into private vehicles ■ in vehicles that have their registration numbers obscured or missing ■ making repeat visits to the site and removing materials each time they visit ■ removing property off the site when no one is there Source: Name and Shame campaign website ■

WESTERN SUBURBS THEFT AND VANDALISM Time Frame: 1st October 2007 - 1st October 2008 Top 5 Suburbs No of Reports Total Value 1. Swanbourne 5 $3,635.08 2. Wembley 5 $2,482.63 3. Mosman Park 4 $1,296.00 4. Cottesloe 4 $894.50 5. Nedlands 3 $1,690.00 Source: Data sourced from HIA Name and Shame campaign.

You can call 1300 2 REWARD (1300 273 9 273) to report a theft or dob in a dumper. ■

Pink ribbon breakfast hopes to raise $250,000 WESTERN Australia’s biggest Pink Ribbon Breakfast to raise money for breast cancer research is on again. Hosted by The Professionals Real Estate Group, the fundraiser will be held at the Hyatt Regency Hotel on Thursday, October 30. This year’s host will be Claudia Bertorello-Kell, with brothers Courtney and Chris Murphy providing musical entertainment and Channel Seven’s Dennis Cometti keeping guests amused with anecdotes from his colourful career. Professionals chief executive officer

David Hobbs said he was proud that his group had raised more than $500,000 towards breast cancer research in its first year as a Diamond Partner of the National Breast Cancer Foundation. “This year we’re hoping to add another $250,000 to that total, but we need the

support of the WA business community to come on board as event partners,” he said. “With over 500 of Perth’s most prominent business people in attendance at the Pink Ribbon Breakfast, this is an ideal opportunity to network at the highest level and raise vital funds to beat this devastating and widespread illness,” he said. To find our more about the Pink Ribbon Breakfast, call the Professionals on 9370 4440.■

TOP PROPERTY TIPS FOR TODAY

THIS week, Paul Bitdorf, managing director of Australian Property Alliance, shares his tops tips on the right time to enter the property market 1. ARE YOU READY? Every property-buying decision should be timed to suit the individual. If you are renting and rents keep increasing, the gap between renting and buying is narrowing. If you have a steady and secure income, with the recently announced Commonwealth Government first homebuyers incentive, it’s time to look at buying your own home. 2. COOL MARKET Buying property to live in or as an investment should be a medium-to-long-term plan. Property values traditionally go up over time. The real estate market is not as volatile as other investments, e.g. shares, managed funds, and, as history shows, if there is a negative adjustment in property values it is only a minor one. The market moves in cycles, so it makes sense to buy in the bottom of the cycle so you can be a part of the next price upswing. 3. INTEREST RATES DOWN Nothing “spooks” the market more than rising interest rates. Historically, market downturns are associated with rising interest rates. Decreasing interest rates bring confidence to the market, making housing more affordable and creating an increase in demand. 4. SUPPLY AND DEMAND The fundamental rule in free market economy is the law of supply and demand. There are 800 people settling permanently in WA each week. At present, the level of new housing construction is the lowest we have seen in years, subsequently creating a shortage in housing accommodation. As a result, the pressure on property prices will be significant in the next 12 months. 5. OTHER INVESTMENTS The latest trends in investments show us the stock market rollercoaster – underperforming managed funds and falling returns on bank deposits. You may ask yourself where to invest now. Has the property market suffered greatly in the last two weeks of the world’s economic turmoil? The answer is no. Property still remains the strongest and safest way of creating wealth.

Professional Property Management Team Success and Service is our Alternate Name DISCOUNT GIVEN FOR MULTIPLE PROPERTIES FREE RENT APPRAISALS GIVEN Call Janelle Rees or Vanessa Fazio 9385 9000 or 0417 942 095

Janelle Rees 9385 9000

www.schwenkeyoung.com.au

Shop 8, 31 Gayton Road, City Beach 9385

9000

Vanessa Fazio 0417 942 095

Local market menu.

West Leederville

125 St Leonards Ave

From $1,890,000

Exquisite, True to detail! No stone has been left unturned to design and create this magniďŹ cent home set in one of our best locations. Boasting views of Lake Monger, yet private and serene. Features theatre room, open plan ultra modern kitchen, meals/family room bathed in northern light. Step outdoors to a classy outdoor alfresco entertainment area. The high A framed ceiling, again dressed with cedar lining sets the mood for the area, with built in bbq and solid cedar cupboards. All this enjoys the stunning pool setting and manicured garden. Bonus double auto garage. This home is a one off home that is dressed to perfection. Michelle McGill and Meagen Crump

West Leederville

320 Railway Parade

9483 3858

$690-$720,000

West Leederville

117 St Leonards Avenue

$1,190,000

A touch of elegance. This turn of the century semi detached beauty is most deceptive being federation character combined with modern day pleasures. Lit in northern light and set in this most central location with walking distance to Subiaco, shops and transport. Bonus private ROW access.

Walk in the park. Walking distance to picturesque Lake Monger Reserve, this spacious modern home boasts natural dĂŠcor and o/plan living. Featuring modern kitchen with stainless steel appliances and living/dining opening out to a tranquil garden with undercover entertainment area. A home for all seasons.

Michelle McGill and Meagen Crump

9483 3858

West Leederville 5/103 Cambridge Street $560-$580,000

Wembley

The full package. Amazing two storey home set in a small group of ďŹ ve in the heart of West Leederville. The bonus on this is that another studio home could be built adjoining this one hence doubling your asset. Whether you build now or down the track, the ability to increase the value of this property is available. A huge opportunity for a smaller style developer.

Do your sums! Whether you are an investor or family looking for a home, this one shapes up very well. Set in a highly sought after location, renovated & extended. Featuring modern amenities, reticulated gardens and French doors opening to an alfresco area, this character home offers privacy and charm, all set on a 624sqm block.

Michelle McGill and Meagen Crump

9483 3858

95 Pangbourne Street

$995,000

9483 3858

REVIEWS

Ultimate beach resort lifestyle With sweeping ocean views, it oozes sophistication and panache, reports CARMELLE SANDER turret and Louis Poulsen designer Artichoke light fittings that make a striking statement as you enter. A well-appointed gourmet kitchen on the ground level is any chef’s dream, with two ovens, quality Smeg appliances, wine rack and island bar and overlooks the reticulated oasisstyle garden with sparkling pool and expansive timber decking and limestone paved areas. Sarah said an outdoor custom-made wood fire pizza and barbecue with alfresco kitchen was ideal for entertaining guests on warm balmy evenings. You can also give your pizzas a kick of flavour using homegrown herbs and olives from the garden. “We have quite a few olive trees on the property and every year we pick olives and take them up to the York Olive Oil Company

where they get pressed and made into olive oil, it’s fantastic,’’ Sarah said. A private courtyard at the back of the home is ideal for boat/surf ski storage. Space and privacy is a given privilege of this home, with a separate parents’ retreat and study upstairs. The master suite includes custom-designed fitted robes, a spacious ensuite with deep oval spa and access to the top-deck verandah. “The views from this level are just incredible, it’s the perfect spot for relaxing and watching the sunset with a glass of wine,” Sarah said. The home also features dual street frontage, security alarm, ducted evaporative cooling, polished jarrah floorboards and wall-mounted plasma screens with built-in entertainment units.

POA

CITY BEACH 78 CHIPPING ROAD FEATURES Polished jarrah floor boards, below ground swimming pool, entertainment surround sound, alfresco kitchen with custom-made wood fire pizza oven, lush resortstyle gardens, security alarm and ducted air conditioning AGENT The Property Exchange and Don Allen Real Estate CONTACT Ingrid Bradshaw 0411 411 365 or George Selim 0417 299 608

For beach lovers, a direct walkway access to the shore is a major drawcard. It is also within close proximity to the delights of restaurants, cafes and shops at the nearby Boulevard shopping centre and has easy access to public transport and the CBD. ■

Because there are some things not worth compromising on ... For a personal appointment to discuss your requirements Contact: Alex Palumbo on 0411 132 289 or 9384 6100 www.palazzohomes.com.au

1061688.04

THIS majestic coastal home offers the ultimate beach resort lifestyle. Perched proudly on a corner block, the two-level City Beach house has sweeping views of the Indian Ocean and oozes sophistication and panache. Owners Paul and Sarah Nash have lived here for seven years and said they had fallen in love with the seaside location. “We actually built a new home just around the corner because we just love it here,” Sarah said. “The only reason we’re selling is because we need more space for our growing family.” Built by Dale Alcock Homes, it features a modern, minimalist interior, undercover valet parking, mood lighting, great separation and open-plan living areas. The double-door entry has a light-filled

BEDFORDALE 37 Churchman Brook Road

$1,999,950

TO THE MANOR BORN

If you’re looking for a country retreat, offering a peaceful lifestyle, yet only 40 minutes from the City, your search is finally over. With a magical 14 acres of lovely, level land, gently sloping to gorgeous dams and mesmerising valley views, this wonderful character-filled home stands proudly in this idyllic setting.

Contact

Fully refurbished kitchen with gas cooktop, dishwasher and loads of space Spacious master bedroom with walk-in-robe and ensuite Separate “artist’s studio” offering the most inspiring views Never-ending water supply with absolutely breathtaking dams Zoned Rural Living 4 with some subdivision potential

BEDFORDALE 61 Locke View

Brendan Leahy 0439 998 867 brendan@blre.com.au

$1,299,950

THE ULTIMATE COUNTRY RETREAT

Nestled in the most idyllic setting stands this stunning Colonial designed home, set on five acres of undulating hills and delightful cottage gardens. This breathtaking home offers the perfect balance between the country lifestyle, surrounded by native trees and birds and still just 40 minutes from the City.

Contact

Fabulous formal and informal living areas, with roaring fireplace and stunning views Sensational jarrah kitchen overlooking the open-plan family, games and meals areas Very generous sized bedrooms; all with built-in-robes Towering 9 foot ceilings throughout the residence Two metre wide, bull-nosed verandahs around the entire home

Selling with a difference blre.com.au

9390 9777

enquiries@blre.com.au

Brendan Leahy 0439 998 867 brendan@blre.com.au

REVIEWS

Set sail against the sunset This prestigious home has 800sqm of living space, reports ROMENA MANNING FRAMELESS windows in many areas of this prestigious house allow unobstructed, extensive north-east views over Freshwater Bay Yacht Club and the river, and to the city. Behind a brick-and-iron fence, formal gardens lead to a portico entrance, where locally custom-made and designed cherry wood doors with glass panels open to a formal lobby. A handmade Swarovski crystal chandelier on a winch hangs in the lobby and can be lowered for effect. Below entry level, a temperaturecontrolled cellar has extensive wine racks, and there is a four-car garage, which is accessed via a right of way. The owner said the cellar was among many features of the house he enjoyed, and when building it he focused on adding many things he liked and would enjoy. These include the gardens, with an alfresco area near the kitchen, and landscaped gardens at the sloping back of

the property, behind a pool area. Living areas on the main floor open at the back to a wide balcony and entertaining areas, stepping down to a platform overlooking the pool and down again to the back yard. A second, big balcony opens from bedrooms on the top floor with an alfresco platform and panoramic vista. A long galleystyle kitchen has a number of features, like built-in coffee machine, European appliances and a walk-in pantry, and has big windows allowing light in and views over the alfresco area with terrazzo floor. Step down at one side to a formal drawing room and formal dining room overlooking a water feature and koi pond below. A sunken informal meals and family area has big windows along the back, maximising the water views. The house has almost 800sqm of total living space, on a 1500sqm block. The owner said he and his wife were looking to downsize, but would definitely stay in the area. ■

PRICE ON APPLICATION

PEPPERMINT GROVE 41 VIEW STREET AGENT William Porteous Properties International CONTACT William Porteous on 0439 880 242 VIEW Contact the agent

get close to your boat. E AS ELE ow! R AL r N FIN giste Re

Only 21 waterside lots with private boat jetties are available - all with attractive bonuses...

This is your last chance to live the boating lovers ultimate dream: beside your own private jetty, in a world-class oceanside marina, next door to a 5 star resort, in one of the most magniﬁcent marine playgrounds on the planet. Only 21 waterside lots with private boat jetties are available - all with attractive bonuses.

inspiring parks & gorges

vibrant retail & dining

abundant ﬁshing

a marine playground

the ultimate oceanside lifestyle

Your boat is not the only thing you’ll be close to - this ﬁnal release of waterside lots is located in the heart of the Exmouth Marina Village, comprising of a range of lifestyle and investment beneﬁts including... •

World-class boating, ﬁshing, diving, snorkelling, surﬁng

•

Waterfront homes, townhouses and apartments

•

Outstanding views of the canals, marina and Exmouth

•

Vibrant restaurants, cafes and drinking venues

•

Specialty retail outlets overlooking Marina Quays

•

Landscaped public open space with outdoor amphitheatre

The majestic Ningaloo Reef and many natural wonders on your doorstep - whale sharks, bill ﬁsh, coral spawning, turtle breeding, gorges, ﬂora & fauna, bushwalking

Boat Harbour •

Pedestrian bridge linking to the Novotel Resort and beautiful beaches

- an adventure lovers paradise

•

So call City Life Residential now to ﬁnd out more and secure your priority-choice registration before the ofﬁcial public release.

FOR PRIORITY CHOICE! AT THE EXCLUSIVE VIP LAUNCH 7 NOVEMBER 2008

Unique investment with the expansion of the oil and gas industry in Exmouth

•

Exmouth Building Solutions - providing turnkey options for land purchasers

Call City Life Residential: (08) 9333 1788 | 0411 144 230

www.exmouthmarinavillage.com

REVIEWS

PRICE ON APPLICATION

PEPPERMINT GROVE 41 VIEW STREET AGENT William Porteous Properties International CONTACT William Porteous on 0439 880 242 VIEW Contact the agent

get close to your boat. E AS ELE ow! R AL r N FIN giste Re

Only 21 waterside lots with private boat jetties are available - all with attractive bonuses...

inspiring parks & gorges

vibrant retail & dining

abundant ﬁshing

a marine playground

the ultimate oceanside lifestyle

World-class boating, ﬁshing, diving, snorkelling, surﬁng

•

Waterfront homes, townhouses and apartments

•

Outstanding views of the canals, marina and Exmouth

•

Vibrant restaurants, cafes and drinking venues

•

Specialty retail outlets overlooking Marina Quays

•

Landscaped public open space with outdoor amphitheatre

The majestic Ningaloo Reef and many natural wonders on your doorstep - whale sharks, bill ﬁsh, coral spawning, turtle breeding, gorges, ﬂora & fauna, bushwalking

Boat Harbour •

Pedestrian bridge linking to the Novotel Resort and beautiful beaches

- an adventure lovers paradise

•

So call City Life Residential now to ﬁnd out more and secure your priority-choice registration before the ofﬁcial public release.

FOR PRIORITY CHOICE! AT THE EXCLUSIVE VIP LAUNCH 7 NOVEMBER 2008

Unique investment with the expansion of the oil and gas industry in Exmouth

•

Exmouth Building Solutions - providing turnkey options for land purchasers

Call City Life Residential: (08) 9333 1788 | 0411 144 230

www.exmouthmarinavillage.com

Your plans are different. So are ours.

The Latitude $389,410

Urbane style. Sophisticated looks. Decidedly modern design. Lead by architect David Lorimer, our team of experienced design professionals offer a complete and quality building service from initial concept to customised interior ﬁnish.

Unit 22, 257 Balcatta Rd, Balcatta 6021 T 9241 2000 W lorimerhomes.com.au E info@ lorimerhomes.com.au

Lorimer

HOMES

BBLH 9569

Whether you’re choosing from our contemporary collection of designs, starting at $350,000, or looking for a more customised approach to suit your individual style, you’ll ﬁnd the difference you’re looking for in a Lorimer home.

views forever 3

4 Karrinyup Rd, Trigg E.O.I

NATHAN TONICH 0409 517 001

stunning character 3

28 Jarrad Street, Cottesloe from $1.75 million

CHRIS TONICH 0409 517 001

classical romance 3

38 Holland St, Wembley $1.475 million

DEAN BRADLEY 0411 110 779

ripe 4 renovation 2

14 Bondi Street, Mt Hawthorn $729,000

CHRIS TONICH 0409 517 001

be enchanted 3

105 Coghlan St, Subiaco from $1.08 million

JULIE PEDULLA 0419 440 093

secluded sanctuary 3

17 Otway St, Swanbourne from $1.95 million

NATHAN TONICH 0409 517 001

REVIEWS

Attention to detail evident at every turn This restored Wembley residence is packed with features that make moving in a breeze, reports CASSANDRA DE WIND THE contemporary design and décor is a credit to the current owners of this Wembley residence. Various restorations have continually updated its appearance and the attention to detail is evident the moment you step into the home. Graffiti-proof limestone rendering adorns the façade of the home, which is complemented by granite flooring along the front porch. A warm and inviting ambience greets you as you step into the entrance foyer of the house. Tasmanian oak floorboards and modern downlighting add to the character that the property exudes. Corian bench tops and glass splashback highlight the newly transformed kitchen. It has

quality-integrated appliances, including a fridge and microwave, and a water purifier near the sink. Built-in wardrobes furnish the master bedroom and the family bathroom has heating lights. The spacious back yard has a great alfresco entertaining area that overlooks lush, reticulated garden beds. In a great location close to all of the suburb’s amenities, the home also has easy access to the freeway and the café strip. On a 772sqm block, the residence has a gas hot water system, security flyscreens and clear shield overlaminate to the front and rear windows. ■

Stylish and sophisticated, light-filled, open plan, two storey detached house in the heart of Subiaco, with everything on your doorstep.

$699,000

WEMBLEY 10 HERDSMAN PARADE AGENT Altitude Real Estate Subiaco CONTACT Dean Bradley on 0411 110 779 or 9388 3911 VIEW Contact Agent

4 raphael st subiaco $1.925M

f .

n n n n n n

Fully air conditioned Fully insulated roof space Fully renovated and surface-coated roof tiles Fully reticulated landscaped easy care gardens 2 car parking with automatic garage door Large (hotel style) master bedroom with balcony and ensuite

n n n n n n n n n

2 double bedrooms with fitted wardrobes Main bathroom and 3 WC Solar hot water system Powder room on ground floor Laundry Home entertainment area Large formal dining area Large family room Designer kitchen with dishwasher and stainless steel appliances

n n n n n n n n n n

Outdoor alfresco area Ducted vacuum system Rear lane access Water feature Garden feature lighting Garden shed 5 rooms with TV sockets Filtered water system Built-in cocktail cabinet 2 gas points

OPENING TIMES Wednesday 22nd October 7pm to 8pm TWILIGHT OPENING Saturday 25th October 9.30am to 11am

For all enquiries please phone Alan Agar

0417 952 531 No agents – thank you.

Smart operator on rise NEDLANDS-based business aussie home.com beat 270 companies from across Australia to win a 2008 Smart Company Award at an awards night held in Melbourne on September 12. Aussiehome.com co-founder and managing director Charlie Gunningham attended and proudly accepted the award on behalf of his company, the only West Australian organisation to win an award. Since being established in 1999, aussiehome.com has operated from its western suburbs office and worked to pioneer real estate on the web using interactive mapping. The website displays more than 8000 properties for sale or available to lease from more than 160 real estate agencies in Perth and around WA, all on interactive maps with travel directions and Google’s Street View. The site has won various industry awards for its technology and business model. Mr Gunningham said the company’s average growth rate of 30 per cent a year over the past two years resulted in a higher placement than last year. It was the second time in as many years that aussiehome.com made the top 50, this year rising from 46th to 42nd place. “This is a great moment for aussiehome.com and recognition of all

Winners are grinners: Charlie Gunningham.

our efforts over the past few years,” Mr Gunningham said. “Perhaps even more so in that this was not an award just for dotcoms or even IT companies, but all businesses in all sectors.” Winners of the Smart Company Award are judged according to a range of criteria, with the final ranking determined by growth in revenue based on the past three financial years and minimum revenue of $1 million. He thanked the staff, loyal clients, suppliers and supporters of aussiehome. com. “To be the sole WA representative there on the night, and in the list, makes us all especially proud,” he said. ■

Just listed

CHURCHLANDS Townhouse - 18/13-15 Flynn St 2 bed, 1 bath $319k Property People Floreat 9387 7122 CITY BEACH House - 78 Chipping Rd 4 bed, 3 bath POA The Property Exchange 9388 3988 CLAREMONT House - 9 Pennell Rd 3 bed, 2 bath $2.295m Abel McGrath Property Group 1300 553 456 CRAWLEY Townhouse - 4/11 Wingfield Ave 3 bed, 2 bath $1.295m Mack Hall & Associates 9286 5555 Townhouse - 29 Princess Rd 3 bed, 2 bath $1.05m Mack Hall & Associates 9286 5555 DAGLISH House - 2a Luth Ave 3 bed, 1 bath $985k The Property Exchange 9388 3988 House - 40 Northmore St 3 bed, 2 bath $1.595m Growth Realty 9388 3422 FLOREAT House - 183 The Boulevard 5 bed, 1 bath Auction Altus Real Estate 9284 6777 MOSMAN PARK House - 12 Beagle St 5 bed, 2 bath $2.175m Altus Real Estate 9284 6777 Mt Claremont House - 3 Shannon Rd 5 bed, 3 bath $1.939m Abel McGrath Property Group 1300 553 456

NEDLANDS Apartment - 12/212 Hampden Rd 1 bed, 1 bath $247.5k Airey 9384 0077 House - 50 Rockton Rd 5 bed, 2 bath $1.950m Growth Realty 9388 3422 PERTH Apartment - 11/82 King St 2 bed, 1 bath $575k Acton Central 9381 5566 SHENTON PARK House - 105 Herbert St 3 bed, 1 bath $875k-$895k Acton Central 9381 5566 House - 67a Keightley Rd 3 bed, 2 bath $995k Growth Realty 9388 3422 SUBIACO House - 58 Hamersley Rd 3 bed, 2 bath Auction Ray White Centro 6380 1212 Townhouse - 15/431 Bagot Rd 3 bed, 1 bath $590k-$610k Growth Realty 9388 3422 Apartment - 3/225 Bagot Rd 2 bed, 1 bath $765k The Property Exchange 9388 3988 House - 28 Kings Rd 3 bed, 1 bath $995k The Property Exchange 9388 3988 Townhouse 15/431 Bagot Rd 3 bed, 1 bath $590k-$610k Growth Realty 9388 3422 House - 54 York St 3 bed, 3 bath $1.64m Acton Central 9381 5566 House - 423 Rokeby Rd 3 bed, 2 bath $999,990 Acton Central 9381 5566

Apartment - 5/1 Cashel Ln 1 bed, 1 bath $598k The Property Exchange 9388 3988 Apartment - 1/2 Brigid Rd 3 bed, 2 bath $1.595m Growth Realty 9388 3422 Apartment - 4/202 Nicholson Rd 1 bed, 1 bath $535k Growth Realty 9388 3422 Townhouse - 22 Mere View Wy 3 bed, 2 bath $1.595m Ray White Centro 6380 1212 Apartment - 10/33 Hood St 2 bed, 2 bath $1.595m Growth Realty 9388 3422

SWANBOURNE House- 33 Reeve St 3 bed, 2 bath from $2m Altus Real Estate 9284 6777 House - 13 Garden St 4 bed, 3 bath $2.795m Altus Real Estate 9284 6777 WEMBLEY House - 29 Simper St 3 bed, 2 bath $935k The Property Exchange 9388 3988 House - 38 Holland St 3 bed, 2 bath $1.475m Altitude Real Estate 9388 3911 House - 55 Harbourne St 3 bed, 1 bath $790k-$830k Altitude Real Estate 9388 3911 House - 35 Daglish St 3 bed, 1 bath $1.150m Property People 9387 7122 House - 95 Pangbourne St 4 bed, 2 bath $995k Property People 9387 7122 Land - 4 Dodd St N/A $579k-$589 Property People 9387 7122

Townhouse - 12 Telopea Ln 3 bed, 1bath $420k-$460k Bexley's Real Estate 9383 7777 Unit - 56/1 Herdsman Pde 2 bed, 1 bath $265k-$275k Bexley's Real Estate 9383 7777 Unit - c26/49 Herdsman Pde 2 bed, 1 bath $238k-$248k Bexley's Real Estate 9383 7777 Unit - s13/125 Herdsman Pde 2 bed, 1 bath $309k Bexley's Real Estate 9383 7777 House - 4 Holland St 4 bed, 3 bath $1.43m The Property Exchange 9388 3988 House -18 Harbourne St 3 bed, 2 bath $879k-$929k Altitude Real Estate 9388 3911 House - 124 McKenzie St 3 bed, 1 bath $845k-$865k Altitude Real Estate 9388 3911

For Sale by Tender Two Multiple Dwelling Sites Choose from two multi-residential sites situated within the Town of Cambridge’s prestigious City Beach.

v Zoned Residential R30/40 - Special Control Area No1 v Lot 501 – 3189m2 15 Dwellings required v Lot 560 – 2501m2 11 Dwellings required Sites are for sale individually or in combination. Tenders close at 2:00pm WST,

WEST LEEDERVILLE House -117 St Leonards Ave 3 bed, 2 bath $1.190m Property People Floreat 9387 7122 House - 7 Caddy Ave 3 bed, 1 bath $835k Property People 9387 7122 House - 32 St Leonards Ave 4 bed, 2 bath from $1.6m Property People 9387 7122 House - 23 Coldstream St 3 bed, 1 bath $729k Ray White Centro 6380 1212 House - 8 St Leonards St 3 bed, 1 bath $1.375m The Property Exchange 9388 3988 House- 129 Woolwich St 4 bed, 2 bath from $1.7m Ray White Centro 6380 1212 WEST PERTH House -105 Carr St 3 bed, 1 bath $949k Growth Realty 9388 3422

5 November 2008. For an information report or to request tender documents, please contact: Mal Roberts P 9325 5880 M 0417 488 644

Agents are invited to send their new listings to property@wsweekly .com.au by 5pm on Wednesday.

A new kitchen and entertaining area? A new home theatre? We’ve got lots of ideas to

improve your lifestyle Brian Stanley

after L

Add a second storey and make the most of your property value

before

We have ideas for bathrooms, bedrooms, balconies, kitchens, family rooms and home theatres. If you’re looking to extend or simply add style to your home, why not start with an idea that will optimise your homes full potential. Call the home improvement specialist with over 25 year’s success. The innovative Summit Home Improvements team can’t wait to share their stunning design ideas, and what’s more their advice is free. You’ll be amazed at how easy

For a free design consultation Phone: 9333 0808 or visit www.summithomesgroup.com.au

SIR8129

it is to live in the home of your dreams, and you can start by calling the dedicated team at Summit now.

REVIEWS

Owner, builder combine for a winner 300sqm of living space plus a courtyard, pool and spa make for an outstanding home, reports ROMENA MANNING A COLLABORATIVE effort between owner and Webb and Brown Neaves has resulted in this modern construction with solar-passive design. A two-tone rendered exterior gives way to a neutral interior with bamboo flooring, where a dining and family area form an openplan living space next to a kitchen. Owner Annette Backshall said the lack of walls in the living area, paired with higher than average ceilings, gave a greater feeling of space. It was a deliberate move when designing the house, as was creating a floor plan to be as flexible as possible. In the family area, a recessed wall has stone mosaic tiling, which Annette said was one of her favourite features. “It adds another dimension and adds

something earthy to the house,” she said. Another favourite is a courtyard at one side, which Annette said was where she and partner Mark enjoyed the morning sun. A clever use of space in this area sees a raked gazebo and entertaining area, a pool with water feature and an elevated spa with decked platform packed into a small area. Outside there is a powder room and access to a separate studio above the garage. A spacious kitchen inside displays interesting design with a combination of different materials, such as light-coloured stone tops, dark woodgrain cabinetry and frosted glass overhead doors. There are three double-sized bedrooms downstairs, and two on the top floor. Timber louvres link the main bedroom suite to a lounge area, which has stacker

doors opening to a Juliet balcony and the outdoors. Annette said she loved West Leederville’s strong community movement and would stay in the area. The house has more than 300sqm of living space, plus separate studio, on a 318sqm block and has a school, park and shops in short walking distance. ■

$1,700,000

WEST LEEDERVILLE 129 WOOLWICH STREET AGENT Ray White Centro CONTACT Graeme McLennan, 0427 058 054 VIEW Contact the agent

CHOOSE YOUR BLOCK AT BURNS BEACH ESTATE THEN CHOOSE YOUR $10,000 BONUS!

PEETB308867

Perth’s most sought after coastal development is now even more desirable with a choice of either 1) a $10,000 Harvey Norman voucher, or 2) a $5000 rear landscaping package plus a $5000 Gift Card from Bunnings with every block sold from 4 October to 1 November 2008. Not that you need an incentive to enjoy a pristine beach on your doorstep, superbly designed streetscapes, stunning foreshore parklands and breathtaking views from the magniﬁcent lookout, all just 5 minutes from Joondalup. Visit www.burnsbeach.com.au, drop by the new sales ofﬁce or phone Gail Fischer now on 9322 6734.

PEETESTATES.COM.AU

Spectacular North Facing Family Residence Fabulous River Views For Ever 129 Point Walter Road, Bicton

AUCTION Next Saturday 25th October 2008 12 noon on site Open for inspection from 11.30am

Beautifully finished and immaculately presented this home has been constructed using many gorgeous products including Karratha Stone, natural limestone, iron, timber, vast areas of glass, wrought iron and dazzling Sydney Rose Gum polished floor boards. Land Area: 507sqm Accommodation comprises: • Delightful open plan Living and Dining Area opening to private deck with fabulous river views. • Serene and tranquil with amazing views across natural bushland to river and beyond. • Large Informal Family Living area opening to swimming pool • Impressive Entry Hall • Study • Beautifully appointed Kitchen and Informal Meals Area • 4 Large bedrooms (including Master Suite) • 2 Very spacious bathrooms + Powder room • Large fitted laundry and plenty of storage space

WILLIAM PORTEOUS 0439 880 242 William Porteous Properties International 9386 8800 william@porteous.com.au www.porteous.com.au www.luxuryrealestate.com

REVIEWS

Home at one with the landscape The shape and colour scheme of this tri-level home are inspired by the sun, sea and surf, reports COURTNEY NOTTE FACTORING the envious beachside location into the design of this tri-level residence seems to have been a breeze for the architects. The result is a home that becomes one with the landscape, with a shape and colour scheme inspired by the sun, sea and surf. Exterior walls finished in a sand-coloured render and a blue tin roof with a gentle curve serve to integrate the home with the idyllic beach backdrop. Upon closer inspection, details that lend the residence a distinctive street presence become more obvious, such as split-level landscaped gardens, with stainless steel and timber balustrades to two decked outdoor entertaining areas. A high perimeter fence protects privacy and modesty when entertaining in the gated front courtyard, where a printed-iron tread staircase leads to a concealed undercroft alfresco area. A rockformation waterfall with a fish pond lends this covered outdoor area a resort-style atmosphere. To capitalise on its east-west orientation,

EXPRESSIONS OF INTEREST CLOSING 5PM, MONDAY NOVEMBER 3

COTTESLOE 61 MARGARET STREET AGENT Paxton Hoad CONTACT James Paxton on 9381 9111 or 0418 923 900 VIEW Contact the agent

glass has been used extensively to maximise views. A glass brick feature wall divides the entry foyer, with a staircase to the lower level, from the free-flowing kitchen and dining room. Maple timber cabinetry and granite bench tops feature in the well-equipped kitchen, while the dining room has built-in shutters

on glass doors to a rear balcony, where diners can enjoy the ocean panorama. A minor walkway from these living areas leads past a powder room through a glass panel door to the front courtyard. Here, a footbridge connects the entertaining deck to a double remote-controlled garage. Most rooms enjoy a garden or ocean

aspect. The formal lounge room is no exception, with an impressive beach vista. This room also has a staircase to the second floor, access to the front courtyard and a Jetmaster fireplace. Flooded with natural light, the loft area on the highest level provides yet another space to appreciate the tranquil ocean outlook. The bedrooms are on the ground floor, convenient to a spacious home office, which, along with the master bedroom, has access to the undercroft alfresco, and a pleasant garden aspect. ■

At Port Coogee you’ll enjoy boardwalks, not bored walks. Premium blocks a short stroll from the future marina village. When your evening strolls include a dramatic sunset over the ocean, the colour of a vibrant marina, and the buzz from outdoor cafes and restaurants, every day starts to feel like a holiday. Add to this ﬁshing, snorkelling, scenic cycle ways and Woodman Point boat ramp just next door, and you could be forgiven for confusing Port Coogee with a resort. When the real world beckons, cosmopolitan Fremantle is only 5 km away. And while it sounds like a billionaire’s lifestyle, you can enjoy it for considerably less. With prices starting from just $550,000*, you have a choice of elevated blocks, some with ocean views, ranging in size from 316 – 741 sqm. Interest is keen, so we suggest you run, not walk.

Sales Ofﬁce located on Orsino Blvd (off Cockburn Rd), North Coogee. Opening hours: Sat to Wed 12noon - 4pm.

www.portcoogee.com.au *Prices and availability are subject to change without notice. Images are conceptual only.

13 38 38

Port Coogee CO O G E E

2a Luth Avenue

5/1 Cashel Lane

3/225 Bagot Road

Looking for something different? Lovely European feel in this 12-year-old home nestled away and surrounded by trees! Big bright north facing living area!

Grab a bargain in this very popular complex right near Subi Station - it·s a perfect city pad or top investment. The standard of finish is tops and the kitchen is huge!

Right bang in the centre of ¶Old Subi·, right by the Post Office is this apartment in the gorgeous, unique and stunning ¶Cloisters· complex.

29 Simper Street

84 Evandale Street

3/18 Arthur Street

First Time Offered - This family-focused home has all the fundamentals covered - just sit back and watch your children thrive in this fabulous Wembley location.

Don·t settle for less! On 1009sqm of land, this classic 3 bedroom character home, in elevated, desirable location offers spacious accommodation with enormous potential.

This is genuinely a stunning buy - its twin sister sold 8 months ago for $820k! Its a most attractive 3 bedroom townhouse in a top spot! Dont lose this bargain!

6 James Street

95 Denis Street

11/591 Hay Street

If you know someone who wants to downsize - tell them about this - all on one level - right near shops - this charming home with low maintenance grounds is perfect!

Be the envy of you friends in this renovated townhouse, just moments to Rokeby Road with 3 big bedrooms and a large private courtyard. Great buying!

Swanky 3 bedroom 2 bathroom apartment with massive northerly terrace just minutes to Rokeby Road. 5 year old resort style complex with great gym.

Janey Sanderson (Director)

0411 524 211

Niki Peinke (Director)

0411 428 117

Jillian Jeffery

0409 301 654

Ingrid Bradshaw

0411 411 365

Damian Clement

0409 284 020

Office 9388 3988 www.thepropertyexchange.com.au

REAL ESTATE AGENTS . AUCTIONS . PROPERTY MANAGEMENT

0411 733 355

0419 043 217

James Paxton

0418 923 900

location with north facing rear. Exciting floor plan, private courtyard gardens, close to every amenity.

MOUNT CLAREMONT $1,395,000 Spectacular 7 year old residence built over two levels in quiet

Michelle Morrison

478sqm in highly sought after location. 18.6 metre north facing frontage, corner location, green title duplex block.

FLOREAT $850,000 RARE AS HENS TEETH ! 2 x 1 home with study & rear garden on

313 Rokeby Road, SUBIACO • 9381 9111 www.paxtonhoad.com.au

Stephen Harrison

is Subiaco’s most cosmopolitan location. Partially renovated and immaculately presented this home is funky living at its best.

SUBIACO $659,000- $689,000 Facing Raphael Street, this terrace home/townhouse is set in what

Stephen Harrison

fittings and appliances including stainless steel fridge, washer/dryer and air con! Nothing to do. Just move in and start living!

JOLIMONT $329,000 A sparkling apartment in a renovated group. Modern fixtures,

Carolena Boyd 0418 905 963

James Paxton

0418 923 900

levels and located in wonderful cul de sac with stunning views. Expressions of Interest closing Monday 3rd November 2008.

COTTESLOE EOI “The Wave House”. Spectacular Cottesloe Beach house built over 3

0418 923 900

Avenue. Stunning lounge, brand new European kitchen, family room opening onto alfresco dining. 845sqm block.

James Paxton

$1.25m-$1.35m

Michael Hoad

-Double garage off ROW -323sqm lot

-Ducted reverse cycle air conditioning -Timber deck with spa at rear

-Quality fixtures and fittings -2 large living areas

-3 bedrooms -2 1/2 bathrooms

James Paxton

0418 923 900

four offers superb living and dining, prewired home theatre, study, fully equipped Smeg kitchen, 3 brms, 2 brms & undercroft parking.

SCARBOROUGH $1.35m TWENTY4 is spectacular and unique. Exclusive development of

0418 923 900

open fires. Plus a fully self contained freestanding suite with its own lounge, master bedroom, bathroom and kitchen.

COTTESLOE From $2m Traditional 3 bedroom home with polished boards, high ceilings and

James Paxton

Stephen Harrison 0411 733 355

Josh Sumner 0408 055 359

presentation, big courtyards (1 with spa), loads of northern light.

SHENTON PARK $749,000- $789,000 Spacious and modern townhouse located opposite parklands. 2 living areas, a/c, good quality fixtures and fittings, great

Real estate agents • Property managers • Auctioneers ‘Do business with the people doing the business’

9485 7637

Contemporary double storey Riverstone home located in a quiet street near Rosalie Park.

SHENTON PARK

Paxton Hoad

Michael Hoad 9485 7637

CLAREMONT $2.35m Claremont’s best kept secret-whisper quiet location in Renown

Marina Berzins 0419 195 873

condition, on 430sqm block with ROW. Fantastic opportunity to renovate (subject to Council approval).

SHENTON PARK Auction Saturday 25th October 2008 12 noon Charming character weatherboard cottage in sound, original

Michael Hoad 9485 7637

fireplaces, ornate ceiling, polished timber doors, architraves and skirting boards, jarrah floors and rustic kitchen and meals area.

SUBIACO $950,000- $1,050,000 Truly outstanding brick and iron home with exceptional character

PROPERTIES FOR SALE SUBIACO

16 BROWNE STREET

UP FOR SALE AFTER 89 YEARS THIS 1912 tuck-point brick-and-tile home is on the market for the first time in 89 years. On a quiet 559sqm corner block with a return verandah, it has much potential. An extension, completed in the 1980s, has tiled flooring, providing more living space in the three-bedroom, two-bathroom home. It has polished jarrah floorboards, and the original front door with coloured glass surround remains. An updated kitchen has many modern conveniences and overlooks an open plan living room, lined by windows.

SUBIACO

$1,495,000

AGENT The Property Exchange CONTACT Janey Sanderson on 0411 524 211 VIEW Contact the agent

3/225 BAGOT ROAD

IN THE HEART OF OLD SUBI THE façade of this modern apartment sets a timeless presence with its high leadlight windows and lush, matured parklands. In the heart of ‘old Subi’, this residence is in walking distance to many of the district’s facilities. The open-plan living areas have tasmanian oak flooring, timber venetians, tall doorframes, lofty ceilings, recessed halogen lights and ducted reverse-cycle airconditioning. In a central location, the kitchen includes granite bench tops, glass splashback, a dishwasher and plenty of cupboard space.

$765,000

AGENT The Property Exchange - Subiaco CONTACT Niki Peinke on 0411 428 117 or 9388 3988

MOSMAN PARK

68 VICTORIA STREET

CHARACTER HOME HAS PLENTY TO OFFER CHARACTER inclusions such as ornate ceiling roses and chandelier features adorn this distinctive Mosman Park residence, which is in a great location opposite parklands and a school. On a 452sqm block, the home has a unique interior design that incorporates two bedrooms, one bathroom and a versatile living area that can convert into a third bedroom. Polished floorboards, fireplaces and reversecycle airconditioning are some of the highlights internally. New appliances enhance the appearance in the kitchen.

Is this in your next home?

$895,000

AGENT Peard - West Coast CONTACT Andrew Cooper on 0418 909 354 or 9385 3377

We can ﬁnd out. houspect building inspections

1300 1300 68 www.houspect.com.au

REVIEWS 4

Sea views are added value

$2,800,000

CITY BEACH 38 MARAPANA ROAD AGENT Gordon Davies Real Estate CONTACT Gordon Davies 9389 3388 VIEW Contact the agent

This family-friendly home’s renovations are enhanced by views and its proximity to the ocean, reports ROMENA MANNING EXTENSIVE renovations have given this house a modern interior, but its major drawcards are its views and proximity to the ocean. Set on an elevated parcel of land, it has views of the ocean from the side of the house and from a formal lounge room at the front. Wide matt-finished karri floorboards are laid through most of the house, continuing from the entry up to the main floor and open-plan living space. An activity room between the formal lounge and informal living area has sliding doors at one side, opening to a courtyard with elevated gardens. Owners Sarah and Richard have lived in the house for two years. Sarah said it made a fantastic family home, particularly in the way the house connected to the outside. She said her favourite area was the kitchen, which features a Carrara Italian marble wraparound benchtop to its island bench. “I love all the space and everything works really well…I love entertaining and the fact that the kitchen is open to everyone gives it a really sociable feel,” she said. Stainless steel surrounds stove and sink areas with glass splashbacks, while the island bench serves as a breakfast bar. High ceilings and a white-toned palette create a sense of space in the open area, with glass doors, louvres and bi-folds along the side opening to an outdoor entertaining area with shade sails and ocean views. On a 915sqm block, the back yard has a well-maintained lawn and

gardens, with a fenced pool at one side and a sandpit and cubby house area at the back. It has double-sized bedrooms. The main bedroom opens to the back garden and has a built-in wardrobe along one wall and a big ensuite. With visiting relatives, this growing family of six is moving to a place with a little more room, but Sarah said they would miss evening strolls along the boardwalk. ■

Create your new lifestyle DEMOLISH BEFORE

& BUILD

Demolish and Build - a home you’ll adore on the street you love Why move from your established location when you can

AFTER

Consultation: Call us now to discuss adapting our designs to suit your requirements.

Design Ideas: Find out how to maximise your block incorporating the latest design trends and ideas.

build the home of your dreams on your existing block. Lifestyle Homes have a range of stunning designs and can make the whole process easy by looking after every detail from site assessment, design changes, budget, demolition, council approval and construction.

Contact our design consultant John Cole

Fixed Price Contract: Be assured with the peace of mind of a fixed price contract, full working drawings and specifications.

now on 9490 3386 or 0417 912 573 or call into our display home The Chicago, to discuss

building your new Lifestyle home. Ga

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Approvals and Permits: We’ll assist you with the entire process from site assessment, zoning and council approval requirements.

www.lifestylehomes.com.au

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THE CHICAGO Chicago Street, Southern River

Before

After

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REVIEWS

$3,790,000

ROSSMOYNE 147A RIVERTON DRIVE WEST AGENT Acton South CONTACT Russell White 9474 2088 or 0419 903 598

Palatial mansion with panoramic views Rivalling the grandest of houses in style, space and surroundings, this one-year-old residence spans three levels, all of which capitalise on river views, reports COURTNEY NOTTE ENVIABLE facilities in an outdoor entertaining area at the back of this majestic riverside mansion give new meaning to the term resort-style luxury. The alfresco area leaves nothing wanting, with a cedar-lined roof to an elevated patio. This undercover area features an outdoor kitchen with a built-in gas barbecue and overlooks a separate cabana, concrete swimming pool and spa. Rivalling the grandest of houses in style, space and surroundings, the one-year-old craftsman-designed residence spans three levels, each of which capitalises on river views. Built to fastidious specifications, the one-of-a-kind home casts an imposing shadow, with 472sqm of internal living space, approximately 700sqm of building in total, all on a generous 946sqm block. More impressive than its size is the attention to detail that makes the residence stand out, such as a grand entrance with a chandelier. Its versatile design incorporates four or five double sized bedrooms and three bathrooms, to meet the needs of a range of lifestyles. Best suited to family living, it has a luxurious master suite with a corner spa in the ensuite and a balcony with panoramic river views.

Dunsborough

•

Taking the term ‘modern conveniences’ to a new level is the gymnasium, with wall-mounted mirrors and equipment included. Special effects lighting, reclining leather armchairs and theatre equipment guarantees an authentic cinema experience in the impressive home theatre room. Double height windows in the living areas serve to integrate the indoor-outdoor areas, creating the feel of one big entertaining area with a pool outlook. Some furniture in a separate games room is negotiable with the sale of the house. A pool table is a permanent fixture. Additional features include a four-car remote-controlled garage, private gated driveway with video intercom, security alarm, wine cellar, ducted reverse cycle airconditioning, ducted valet system and a badminton court. ■

PREMIUM PROPERTIES Quindalup

• Yallingup

•

Eagle Bay

WEST BUSSELTON

MARYBROOK

•

Siesta Park OLD DUNSBOROUGH

ABSOLUTE BEACHFRONT

THE SEASCAPE

Seclusion & privacy are yours with this absolute beachfront 4 bedroom, 2 bathroom home. Set on a massive 1740m2 block with a spectacular 20m frontage of uninterrupted ocean views. The home has been built in a unique duplex style with 2 bedrooms, a bathroom & a kitchen on each side, each with its own entrance. A boaters paradise with your own mooring out front. The huge block has outstanding redevelopment potential and its prime position places it high on the investment list. Inspect your new piece of tranquil coastline today!

This brand new palatial 2 storey home’s unique design conbines the most modern materials with stunning beachfront location to create a wonderful nautical theme and was a ﬁnalist in the MBA & HIA awards. Every room in the home enjoys ocean vistas but with the clever use of smoked glass offering complete seclusion. A custom designed residence perfect for 2 or 3 couples to holiday in complete style with unsurpassed views to the Cape and glimpses of Busselton Jetty. This is the ultimate in holiday destinations and your chance to escape to Seascape

So close you can taste the salt and feel the fish biting from this hard to find 819m2 vacant block which overlooks the tranquil waters of Geographe Bay. With the town’s most popular beach at your front door and a playground opposite where you can watch the kids from your dream home. Wander across and catch dinner from the shore or watch the launch whilst lounging. Land in Old Dunsborough is impossible to find and this property will sell quickly!

BY THE BAY IN OLD DUNSBOROUGH

$4,500,000

$2,695,000

$2,495,000

EXCLUSIVE AGENT GARRY MORRIS 0417 964 823 Fraser Real Estate (08) 9755 3251 Email: garry@fraserrealestate.com.au

REVIEWS

C’est la bon vie in Crawley

$1,295,000

CRAWLEY 4/11 WINGFIELD AVENUE

A generous front courtyard adds to the feeling of space in this Crawley townhouse, reports COURTNEY NOTTE REMINISCENT of a French chalet or country retreat, this Mediterranean-inspired townhouse has all the benefits of a conventional home with the added bonus of an inner-city location. It is in a soughtafter cul-de-sac location metres from the Swan River. The owner said the home’s 121sqm front courtyard caught her interest during her first inspection. “The fountain took us by surprise,” she said. “It took us back to France. We just love the pondering angels and the urn. The water doesn’t gush, it just dribbles and has a soothing sound, like a cup that’s overflowing.” Landscaping was required to overhaul the existing gardens, in which Kentia palm trees featured heavily. The owner’s green thumb has made the new garden a centrepiece of sorts, with fullwidth french doors and windows in the open-

AGENT Mack Hall & Associates CONTACT Peter J Turner on 9286 5555 or 0412 912 612 VIEW Contact the agent

plan living areas drawing the eye to the outdoor zone, which sets the tone for the stylish 144sqm residence. The home strikes a fine balance between form and function. Silk curtains and roman blinds complement a sophisticated colour scheme in the free-flowing lounge and dining rooms, which dominate the ground floor. These rooms have a Jetmaster gas fireplace and french doors to a small paved area at the side of the home, which the owner said

added a feeling of space and privacy and helped to avoid feeling cramped by surrounding residences. “We don’t feel like we’re sandwiched in, thanks to this north-facing area,” she said. Integrated laundry facilities are cleverly concealed at the far end of the compact kitchen, with ample storage space in cupboards and on benches lining two walls. A leadlight window with an electric sunshade adds character to the stairwell. A

carpeted landing branches out to the main bedroom, which has a walk-in wardrobe and ensuite bathroom. To accommodate a home business, a wall between two minor bedrooms was replaced with french doors and windows that can be opened to create one big space. For guests or children, a block-out blind between the rooms transforms it from an office into two bedrooms that are convenient to a shared bathroom. From some windows, a communal courtyard with a rustic Tuscan aesthetic is visible.

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APARTMENTS Can’t ask for anything more This 255sqm unit in the Mayfair complex has it all, plus the use of a heated indoor pool and two outdoor pools, squash and tennis courts, a spa and gym, reports COURTNEY NOTTE

$1,425,000

CRAWLEY 4/3 PARK AVENUE AGENT Mack Hall and Associates CONTACT Peter J Turner and Ali Moore on 9286 5555 or 0412 912 612 VIEW Contact the agents

CONTEMPO

FOR SALE – FROM $2.1M OPEN SAT + SUN 2-4PM 65 VERDUN ST, NEDLANDS.

TERRAZZO

FOR SALE – FROM $2.9M OPEN SAT + SUN 2-4PM 106 ALDERBURY ST, FLOREAT.

here, sliding doors open to the balcony. For ease of entertaining, there is a bar with black lacquered cupboards, glass shelving and a sink. As well as the living areas, the kitchen has been remodelled to update its appearance and facilities. It has granite bench tops, integrated appliances and block-out blinds and adjoins the family room. Tasmanian Oak flooring dominates this section of the residence and continues down a hallway to two minor bedrooms, a shared bathroom and a laundry. ■

PLANTATION

FOR SALE – FROM $3.4M OPENING EARLY 2009 IN FLOREAT.

MORE THAN A BUILDER OF FINE HOMES, OSWALD IS A CULTURE.

STYLE

LIVING

EXCEPTIONAL,

MIRRORS THE ASPIRATIONS OF BUT A PRIVILEGED FEW. FOR FURTHER DETAILS VISIT OSWALDHOMES.COM.AU OR CALL PAULINE CARROLL 0404 646 464, MIKE MCDONALD 0416 250 998, OR LISA FORD 0414 405 136, OFFICE 9231 4888.

OSW308885

An abundance of natural light and distinct formal and informal living areas enhance the sense of spaciousness internally. From the tiled entry foyer, the apartment splits into two distinct areas. The sleeping quarters and casual living areas are on one side, adjacent to the formal living and dining rooms. The main bedroom, with a walk-through wardrobe and marble-tiled ensuite bathroom, can be accessed from the carpeted living and dining rooms. From

S T Y L E

O S W A L D

WITH more similarities to a five-star resort than an inner-city apartment complex, the Mayfair suites leave nothing wanting. The complex comprises two buildings containing 64 apartments. Residents of this 255sqm apartment, situated on the first floor of the River Tower with an easterly aspect, have full access to the communal activities and facilities on offer, such as a heated indoor and two outdoor swimming pools, squash, tennis and basketball courts, a spa, gym and male and female saunas. Among this apartment’s impressive attributes is the view across the wellmaintained grounds. Its position on the first floor means it is one of only four homes in the complex with a wraparound balcony. Extending along three sides of the apartment, the balcony is perfect for outdoor entertaining. The current owners have updated the already contemporary colour scheme using subtle, multi-coloured vertical stripes in the formal living areas.

NEWS

Set on a bend in the river, Vu175 will offer tenants sweeping views across the Swan River to the city.

Belmont beats business drum With rents soaring in the city and surrounds, Vu175 offers a cheaper alternative, reports CARMELLE SANDER

“Rents at the eastern end of Perth and West Perth are in the order of $600 to $700 a square metre,” Mr Alvarez said. Starting net rents at Vu175would be $425 a square metre. “Vu175 will arguably offer one of the best office accommodation spaces outside of the Perth CBD,” he said. Launched by the Dome Property Group in August, Vu175 will offer 7208sqm of leasing space. The six-level building at 175 Great Eastern Highway will be on a bend in the river and bordered by parkland. Dome Property Group managing director Steve Gismondi said the

commercial building would feature generous tenant and visitor car bays and a cafe. “Vu175 is in a premium spot on top of the hill, offering panoramic views of the Swan River and Perth city,” he said. “It is a high-quality development intended to provide CBD and CBD fringe benefits with a cost-effective alternative to the rapidly escalating rents in the CBD. “Belmont is becoming Perth's next city fringe office precinct.” Construction is expected to start next month. ■

RARE LDG14306B

BUSINESSES operating in areas like Claremont, West Perth, Nedlands and Subiaco are being encouraged to take advantage of more affordable office space in Belmont. Belmont commercial development Vu175 is set to offer an alternative for western suburbs and CBD and fringe tenants by 2010. Development director Horatio Alvarez, of Elements Property Group, said WA’s mining sector had generated higher demand for office space, sending net rentals skyrocketing in the city. “Belmont is ideally positioned to fill a need where rents are much lower than the CBD, and it is also close to the airport, main roads and the Swan River,’’ he said.

FOR SALE

ASHTON HEIGHTS

Next to stunning park $315,000 Character 3 x 1 perfect for a growing family. Near oval and playground. Don’t miss this one.

Get the full picture. All the property info you’ll ever need is in the one place – Landgate. You’ll ﬁnd titles, surveys and property sales history reports, plus our new all in one property report, property ﬁnder and property sales information. Whatever your property investment plans are, Landgate can help. Visit www.landgate.wa.gov.au

Unbiased Property Information

LUXURY LIVING

Co-owner Ann Broadley says the House of Riches in Cottesloe is Western Australia’s leading supplier of fine antique jewellery and silverware. Contemporary pieces are also available.

Vintage jewellery ages with distinction Jewellery is a gift for life, which can be passed from generation to generation, reports CARMELLE SANDER WHEN it comes to glamorous, stylish and timeless jewellery, look no further than House of Riches in Cottesloe. As its name suggests, the store specialises in a wide variety of indulgent and lavish antique and contemporary pieces. Co-owner Ann Broadley took over the business two years ago when the previous owners retired. She said jewellery was a way to express yourself and one of life’s luxuries, and that House of Riches had an item of jewellery to suit every taste. “We are more than just your average jewellery store, we are WA’s leading supplier of fine antique jewellery and silverware, with 80 per cent of our stock being antiques and 20 per cent contemporary,’’ she said. “Some jewellery is custom-made on site in our workshop, and other pieces are purchased overseas by our fourth generation antique dealer Simon Sullivan.’’ The shop displays an array of quality antique and contemporary jewellery pieces including diamond, pearl and gold jewellery, alongside a vast range of decorative

silverware, including modern English hallmarked sterling silver picture frames, which make ideal birthday, anniversary and engagement presents. In addition, its in-store displays are sure to tempt collectors and connoisseurs. While House of Riches is every girl’s dream, it does accommodate men, with cuff links being a hot purchase. “Cuff links are making a a huge comeback and they are becoming really popular 21st birthday gifts,’’ Ann said. “Some people are even choosing to have their family crest engraved on the cuff, making it that much more special and personalised.’’ At House of Riches, they understand that jewellery is a gift for life and all pieces are delicately made to last generations. Valued jewellery can be brought in to bring it back to life. From a simple cleaning, to resetting a stone, to more elaborate choices such as combining two broken pieces into one, the experienced team at House of Riches are happy to assist. The result will be a restored piece that will be worn and admired for years to come. Valuations are also available at House of Riches Location: Shop 4, 569 Stirling Hwy, Cottesloe Contact: 9384 3850 ■

COASTAL

COUNTRY

Striking architecture in South West bush

A big open-plan living and entertaining area is the focal point of this home, reports SAMANTHA JONES ABSOLUTE attention to detail has ensured that the distinctive architecture of this striking property complements the South West lifestyle. Nestled among 2.46ha of ancient native vegetation and ideal for a big family, the home has four spacious bedrooms that are carpeted with quality coverings, have ample robe space and roman blinds. The master ensuite includes a feature glass brick window and luxurious spa, while the main bathroom has a double shower and bath. The exquisite, spacious kitchen has Corian bench tops, a double sink, walk-in pantry, Meile dishwasher, dual-fuel Falcon stove, an abundance of drawers and River Stone feature tiles. A big open-plan living, dining and entertaining area – the focal point of the interior – is generous in size, has high raked ceilings and stainless-steel lighting and features propeller-style ceiling fans. It also includes a wood heater and a wall-mounted entertainment system that is integrated for sound throughout the

No words can relate in presenting this property and no pictures will do any justice at all, it is totally unique and there is nothing around like it, all I can say is that anyone who steps onto this property will be seduced by it’s style, it’s features inside and outside the home, it’s views, it’s location and most of all it’s sole individuality. Homes like this are very rare and will appreciate in any market, as they are in a league of their own and land parcels of this calibre and location are very hard to ﬁnd. The property is approx 7300 sqm,

$1,275,000

YALLINGUP 22 WOOD COURT AGENT JMW Real Estate CONTACT Joe White and Darryl Sorgiovanni on 9756 8811 VIEW Contact the agent home and outdoor entertaining areas. An all-weather outdoor entertaining area has views across the jarrah decking to the surrounds and is the key design feature of this property. It comes complete with garden beds, stencilled paving, wood-fire pizza oven and a built-in barbecue. Additional features include a solar gas hot water system, rainwater tank, trickle reticulation system to the garden beds, secure double garage, carpeted office or study and roof insulation. ■

$1,495,000

half way from Denmark to the beach, has a lovely northern aspect and is tucked into the base of Mt Hallowell, fully protected from the elements. With 180 deg undisturbed views, there is an all year round spring fed dam that is reticed into the home, that is also great for swimming in summer. Most of the land is native forest and the house gardens are designed to marry into the surrounding bush. The home is a 3x2 but can be a 4x2 and has a full mezzanine, a huge outside deck and private courtyard off main ensuite. The

shed is massive and built from hand made limestone bricks with huge iron and wood doors and has a full upstairs ﬂat and is self contained, there is also undercover parking for 6 cars. So if you have a soft spot for Denmark and want a house and property that is a great place to live, that is inspiring, beautiful and enviable, then when you see this property you will buy it...guaranteed!!! Call Peter Neale exclusively at Denmark Real Estate on 0427 481 440. To view photo tour and walk through go to http.//www.open2view.com.au/74442

1106525.01

“A piece of art in Denmark”

COASTAL & COUNTRY

Two homes in one in country setting It has a 4x2 upstairs and a self-contained apartment downstairs, reports SAMANTHA JONES

LESCHENAULT 2 WELLS COURT AGENT Stocker Preston Bunbury CONTACT Peter Waghorn on 9792 1888 VIEW Contact the agent

Agrarian lifestyle by the sea SPECTACULAR panoramic Indian Ocean views are on offer from this 48.5ha property located along the exclusive Leeuwin Naturaliste Ridge. Ten hectares of cleared rural land sets this property apart from others along the ridge, allowing for an agricultural pursuit. It has an abundance of quality water, which is contained within five dams and a winter creek line, a wealth of local flora and fauna, with some preserved with a conservation covenant and natural eco environments. In addition, there is a national park on two sides of the secluded property, rural zoning and good soils. A three-bedroom two-bathroom house is located on the property and features the recent addition of a new master bedroom and ensuite.

$1,250,000

$4,700,000

The ensuite is spacious, has floor-to-ceiling tiling and a large spa bath. There is also a large double carport, one side fully enclosed, landscaped lawn and gardens, and an extra outbuilding for another bathroom and laundry. Also situated on the property is a large, fully enclosed machinery shed that has two utility areas offering plenty of room to house equipment. Nestled in the heart of the Margaret River wine region, the property has convenient access to Gracetown. Gracetown is renowned for its pristine beaches, excellent natural environments, boatlaunching facilities and some of the best surfing in Australia. It is 82km from Bunbury. ■

GRACETOWN 91 WADDINGHAM ROAD AGENT JMW Real Estate CONTACT David Cross 9756 8800

MARGARET RIVER

TOODYAY

COLONIAL BRICK MANSION CIRCA 1890 AUCTION ON SITE 25TH OCTOBER 2008 AT 12NOON 13-15 Telegraph Road “For the Discerning Buyer”

Find your next home or investment in your local property guide. See Realestate for the latest property listings.

Community newspaper group

A unique opportunity to purchase this magnificent, historic country residence. Located in a prime position in Toodyay townsite overlooking the town oval with views across the valley. Nestled on 2 titles of 3773m2 (nearly an acre) the residence has all the features of the era including ten rooms, 11’6” ceilings, pit sawn jarrah floorboards, open fireplaces, bull nose verandahs and a lovely country kitchen. Outdoors are manicured gardens, lawns and rose hedges. A wonderful weekend retreat or country residence.

HOME OPENS EACH WEEKEND PRIOR TO AUCTION CONTACT AUCTIONEER MR TONY MADDOX FOR DETAILS 9574 2917 or Mob 0408 926 497 RAY WHITE AVON VALLEY 9574 2917

$1.1 MILL

SPECTACULAR SUNSETS Watch whales migrating northwards, or simply sit and admire the great views over the Indian Ocean from this fully serviced 1377sqm block, which has easy walking access to the wonderful swimming and surfing beaches, cafes and restaurants of Margaret River. Morena Bamber 0407 203 072 morena.bamber@stockerpreston.com.au

Stocker Preston 9780 5777 www.stockerpreston.com.au

Philip Jones 0418 904 874

1103572.04

NATURE abounds this 0.4ha property that enjoys breathtaking 180degree views of the estuary, ocean and the native landscape that surrounds. Nestled into the estate is a big, exposed brick homestead that contains two homes in one. On the top floor is the four-bedroom twobathroom main residence that has been designed to maximise space and functionality with big living areas. All of the bedrooms have built-in robes and are carpeted. The living areas include a billiards room with open fire, family room, kitchen and a study. Well-appointed, the kitchen has a dishwasher, tile splashbacks, walk-in pantry and plenty of bench and cupboard space. Leading from the kitchen is an outdoor alfresco area that blends seamlessly with the balconies that surround all living areas. The home is also airconditioned. The bottom floor contains a double garage and a 100sqm guest apartment that is currently returning $200 per week to the owner. Outside, there is a 6m x 6m powered workshop, tall palm trees and bore reticulated lawns and gardens. Superbly located, Leschenault is an outer suburb of Bunbury, 16km to the north-east. In addition, the property enjoys a Crown Reserve frontage, which ensures that the million dollar views will never be built out. ■

COASTAL & COUNTRY

Neatly nestled among the fairways

This home has room for all the family and offers golf course living with seclusion and privacy, reports SAMANTHA JONES FAIRWAY living can be enjoyed from this home in the middle of a golf course that retains seclusion from the golfing public. The brick and colorbond home presents a blue infused exterior that creates an attractive juxtaposition to its green golfing surrounds. An interior that comprises four bedrooms and two bathrooms would suit a family. There is a master bedroom, games room and three lounge areas, one of which is at the front of the home.

An open-plan kitchen, meals and dining area is tiled throughout, has airconditioning and leads out via a sliding door to the outdoor entertaining area. The spacious kitchen has stainless steel appliances, fridge recess, blue bench tops that provide plenty of space, an outlook to the back yard and a shoppers’ entry from the double garage. Other features include an office, entry hall and extensive paving. The outdoor entertaining area is the highlight of the home and has been oriented

for optional sun and shelter. It features a paved alfresco area, brick paved colorbond patio, barbecue, attractive garden beds and an aluminium tubular fence that allows an unobstructed view of the golf course and creates an expanse of space to the property. Nestled in a quiet street, the home is on on a 700sqm block and is 59km from Bunbury and 199km from Perth. ■

$545,000

DUNSBOROUGH 5 FERMOY COURT AGENT Joe White, JMW Real Estate CONTACT 9756 8800 VIEW Contact the agent

Selling South West Real Estate

DUNSBOROUGH SEEING IS BELIEVING

GRACETOWN AUSSIE BEACH SHACK

DUNSBOROUGH INDUSTRIAL INVESTMENT

YALLINGUP YALLINGUP DREAMING

Immaculately presented and stylish in design, with quality fixtures and fittings and Jarrah floorboards. Over 300sqm of living. 4 bed, 2 bath, plus study and four separate living areas.

In the family since the 70’s, this 3 bed, 1 bath beach shack has provided the family many fun summers in the bay. Sitting on 911sqm it’s ready to go this summer. Unbeatable location.

Factoryette constructed of brick elevation, steel trusses, Colorbond roof, approx 118sqm plus external rear work area. Security door access back/front. Will suit owner occupier or investor.

Enjoy holidays on your own slice of Yallingup Hill. 2 bed, 1 bath unit one minute to Yallingup Lagoon. Potential for future re-development & perfect for weekends away or holiday rental.

$795,000

$1,150,000

Offers to Purchase

$700,000

Michael Mort 0403 342 681

David Cross 0439 496 926

Alan Jones 0418 947 000

Darryl Sorgiovanni 0427 767 147

GRACETOWN SPECTACULAR OCEAN

VASSE RE-DEVELOPMENT SITE

GNARABUP BRILLIANT BEACH BLOCK

Located along the exclusive Leeuwin Naturaliste Ridge with spectacular panoramic ocean views. This 48.5ha property is an exceptional parcel of land in the heart of Margaret River Wine Region.

POTENTIAL BUSINESS ZONING *Cottage can be leased to provide interim returns *Site area 1227sqm *Frontage 47 metres

Fantastic opportunity to build that beach house you’ve wanted. 1039sqm lot, views to the ocean and a short walk to beaches or surf breaks that make Margaret River internationally renowned.

This 3 bedroom 2 bathroom duplex with two bedrooms, games & bathroom downstairs. Master bedroom/kitchen/living/dining & deck area upstairs with the obligatory Bay view!

$4,700,000

$740,000

$885,000

$1,050,000

David Cross 0439 496 926

Joe White 0417 939 715

David Cross 0439 496 926

Joe White 0417 939 715

238 Naturaliste Tce, Dunsborough WA 6281

QUINDALUP THE BEST ADDRESS

Phone: (08) 9756 8800

COASTAL & COUNTRY

Colonial-style manor fit for the landed gentry An expansive country home offers peaceful rural seclusion as well as lashings of luxury, reports SAMANTHA JONES WITH an internal living area of approximately 400sqm nestled into a 2876sqm property, this executive country homestead, dubbed The Blackwood Manor House, is one of a trio of properties that comprise the Cobb and Co Cluster. The colonial style house features double brick exterior and interior walls, high ceilings and quality fittings throughout. Upon entry, a formal lounge leads off from a wide tiled hallway. This spacious room has a gas fireplace with a jarrah surround, a crystal chandelier, a separate office and a separate computer room. The generously proportioned master bedroom has a cosy old-fashioned gas fire, spacious ensuite with spa and a dressing room. A second bedroom with its own private entrance would be ideal as a guest wing. This room also has a gas fire, spacious ensuite with spa and dressing room. In addition, a drawing room that has its own bathroom and toilet would be ideal as a third guest bedroom. Forming the hub of the home is

$980,000

MULLALYUP LOT 1866 SOUTHWEST HWY the big farmhouse gourmet kitchen. It has tiled flooring, solid jarrah and granite benches and cupboards, a dishwasher, a gourmet stove and a walk-in pantry.

Dunsborough

•

A separate living room that has a separate bathroom, toilet and gym is currently being used as a pool room. Located in Mullalyup, the home is 5km from Balingup. ■

Yallingup

•

Eagle Bay

•

AGENT Teede Realty Balingup CONTACT Sue and John Teede on 9764 1089 VIEW Contact the agent

Busselton Best Location Ever Experience superb views of the sparkling waters of Old Dunsborough from the entire open plan living; entertaining patio & upstairs master suite of this opulent 2 storey fully furnished 4 x 2 holiday home located in the Geographe Cove Resort. Enjoy resort facilities including tennis court, swimming pool while reaping the benefit of a great investment. Offers From $1,950,000 Andrew Hopkins 0407 440 438

Shop 1 237 Naturaliste Terrace Dunsborough WA 6281 Tel: 9755 3900 Fax: 9755 3911 info@jenningshopkins.com.au

www.jenningshopkins.com.au

REIWA CONFERENCE WA placed for strong growth Fundamentals too strong to see a meltdown like the US, believes John Symond. Reports by STEPHEN MILES and CARMELLE SANDER

Eligibility for First Start tightened Old criteria proved unsustainable, says Treasurer Buswell THE State Government has tightened eligibility criteria for its popular First Start homebuyers package. The changes, which come after the Government poured another $70 million into the scheme to allow it to continue until the end of the financial year, have slashed the amount of government equity in the homes from a maximum of 40 per cent for families to 25 per cent and from 30 per cent for singles to 20 per cent. Treasurer Troy Buswell told delegates at the REIWA conference that the Government was spending between $7 million and $8 million a week on the scheme, which was “clearly unsustainable”. Mr Buswell said the changes would ensure the most needy first-homebuyers could access the scheme. “Quite clearly, however,

Treasurer Troy Buswell.

the scheme was unsustainable and it was necessary to adjust the settings if we were to reinstitute it in a way that would help as many lowincome applicants as possible right through to June 30 next year,” Mr Buswell said. More than 2500 First Start homes had already been built, or were under construction, and there were another 400 applications, which were stalled when the scheme ran out of money, in the pipeline. Mr Buswell said the

applicants would be given priority and a chance to reapply under the new criteria. To qualify for First Start under the new eligibility rules, a family must have income of no more than $70,000 a year, down from $80,000 previously. Couples can earn $60,000 – down from $70,000 – and singles can have maximum income of $50,000. The maximum amount for a new home purchase was cut to $355,000, from $375,000. Mr Buswell said the decline reflected recent property price falls. “WA needs to build an additional 23,000 new homes a year to cater for pent-up demand, up from 18,000 a year now,” Mr Buswell said. “We believe this scheme will have a significant impact on both the new homes and established homes market.”

Survive and thrive Residential mortgage mogul John Symond.

THE West Australian real estate industry has a tremendous opportunity to benefit from a rebounding property market, according to residential mortgage mogul John Symond. Mr Symond, founder and managing director of Aussie Home Loans, the nation’s biggest non-bank lender, told a packed house at the Real Estate Institute of WA annual conference last week that WA and Queensland were best placed to achieve strong growth after the global credit crunch had taken its full course. “You have all the fundamentals to prosper in a fantastic industry,” Mr Symond said. Interest rates are falling, the banks have been “made safe” by Federal Government guarantees and there is massive undersupply in the local housing market. “The fundamentals are too strong to see anything like the meltdown in property prices we have seen in the United States,” he said. Real estate in WA has a “head start on all other industry categories” in the rebound after the financial markets shake-out. Mr Symond said it was likely that there would still be some decline in Perth residential house prices. “The recent gains were unsustainable,” he said. “Prices will come off but we are inevitably heading into a healthier real estate market.” Strong employment growth in WA plus better affordability equates to a stronger housing market, he said. The key to an average homeowner surviving the credit and financial markets shake-out is the ability to service

mortgage debt, Mr Symond said. “Better affordability is paramount,” he said. Falling interest rates and a boost in the Federal Government’s first-home owners grant would help keep homeowners’ heads above water and fuel the recovery. However, he said the Federal Government’s first homeowners grant of $14,000 for purchasing an existing home and $21,000 for buying a new first home was not sustainable. “Like falling interest rates, they will not go on forever,” he said. Homeowners need to take advantage of these better conditions to quickly repay debt. “They need to act smarter and get rid of some of their mortgage debt,” he said. “When rates drop, they should attempt to maintain their existing mortgage payments. An extra $20 a week in payments can reduce the term of the loan by a decade.” Mr Symond said global financial markets had yet to fully come to grips with the new world order of tighter credit. He said the globe had been awash with capital for more than a decade, leading to irresponsible bank lending. “That trend has now been reversed,” he said. Lenders would now take a more responsible view with homebuyers and mortgages would be harder to obtain. “Asset values are being repriced (against risk) in all categories,” he said. The days of easy credit are behind us. “We’ve just got to deal with it,” he said.■

NEVER before has the real estate market seen STEFAN'S Top 10 Real Estate trends so much change; change that has resulted in a 1. Two Worlds: One Industry widespread level of uncertainty across the globe. The evolution of online communities and networks As the market relaxes after the boom, 2. Pop goes the weasel visionary speaker Stefan Swanepoel is looking The housing bubble tightens ahead and monitoring the changes that will affect 3. The new digital currency and shape the market well into the future. With growing technology there is a shift in marketing. A keynote speaker at last week’s REIWA 4. Four weddings and a funeral conference at Burswood, Mr Swanepoel spoke (An American trend which does not relate to Australia) about his latest book, Swanepoel Trends Report 5. In search of productivity Growing market share on a slippery slope 2008, which gives clear insight into what is happening now and what the future could hold. 6. Gone in 60 seconds Identity theft and data security Change is everywhere, he says, and the top 10 7. Tug of war trends he highlighted aim to equip those in the Between old and new paradigm industry to deal with them. 8. Clash of the titans It gives a comprehensive overview of Power browsers flex their muscles important business strategies, sound guidelines 9. Thought reform and what to expect in the months ahead. The DNA of a new breed of real estate professional While acknowledging it was difficult to predict 10. Shattered glass what was going to take place in the market, using Women, youth, minority groups step up to leadership roles his experience and research, Mr Swanepoel was able to provide innovative ideas and suggestions on how and making security a high priority with to benefit in an ever-changing employees.’’ market. Mr Swanepoel said it was vital to His top 10 trends explore remain aware of the nature of the changes in technology, power market, and to adapt accordingly. and productivity, which could This meant making using of all ultimately change future technology available and realising that markets. for a real estate company to survive it For real estate agents and needed to ‘flex its muscles’. property brokers, his advice “For a company to grow and be provided the ‘secret recipe’ successful they need to focus on for success in a competitive franchising, brand licensing, global and challenging industry, from expansion, targeting a niche and Stefan Swanepoel. encouraging agents to join expansion of teams,’’ he said. online real estate chat rooms to improve their “To survive and stay ahead of the game you networking with homebuyers, to warning them need to move forward.’’ that there needed to be an image overhaul of the Agents needed to understand that change was real estate agent from ‘sales person’ to inevitable and that to succeed they needed to ‘professional’. evolve accordingly; whether that be their image, His trend report also highlighted the need for their use of technology or simply the way they agents to become more security savvy and thought. protect their database and client profiles from While we don’t know exactly what the future hacking – something proving to be a nuisance in holds, we at least have the tools needed to the States at the moment. prepare for whatever may come. “This crisis has arrived and people need to To purchase The Swanepoel Trends Report 2008 protect their websites and listings from hackers,’’ visit www.amazon.com. ■ he said. “You can achieve this by securing all sites CARMELLE SANDER

A Daimler Brand

Three sizes ﬁt all. At Mercedes-Benz we’ve covered all bases with our range of SUVs. The new-

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the open road. The luxurious GL-Class is as comfortable off the beaten track as it

available. Visit your local authorised dealer today and see which size fits you.

DIESEL MOTORS 1093 Albany Highway, Bentley 9351 3888 www.dieselmotors.com.au

DL17663

Westpoint Star 472 Scarborough Beach Rd, Osborne Park 9492 8188 www.westpointstar.com.au

DL17663 RAREWPA14441

White sands, clear blue waters

AUCTION - Saturday November 8 at 12 noon on site (if not sold prior) 3/314 West Coast Highway, Scarborough

With fabulous views from the upper level over the Indian Ocean to Rottnest and beyond, this exceptional, easy care home is immaculately presented and ﬁnished to the highest quality. Accommodation comprises: • 3 bedrooms • 2 bathrooms • Study • Sparkling chef’s kitchen • Large open plan living areas leading to outdoor verandah and entertaining area • Plenty of parking

WILLIAM PORTEOUS 0439 880 242 William Porteous Properties International 9386 8800 william@porteous.com.au www.porteous.com.au www.luxuryrealestate.com in conjunction with LUPG Lifestyle Urban Property Group Andrew King 0418 921 009