From our corporate director
Dean O’Brien.
Message from Dean O’Brien
There are several reasons why investing in property can be a smart financial decision:
1. Potential for long-term appreciation: Historically, property values have tended to appreciate over time, especially in high-demand areas. This means that if you buy a property today and hold onto it for several years, it may be worth significantly more in the future.
2. Generating passive income: Rental properties can provide a steady stream of passive income through monthly rental payments. This can be especially lucrative in highdemand areas or during times of low interest rates.
3. Tax benefits: Property investors may be able to take advantage of tax deductions such as mortgage interest, property taxes, and depreciation. These deductions can help lower your overall tax burden.
4 Diversification: Investing in property can help diversify your investment portfolio, reducing your overall risk. Property values do not always move in lockstep with the stock market, which means that investing in property can provide a hedge against market volatility.
5. Tangible asset: Property is a tangible asset that you can see and touch. This can provide a sense of security and stability that is not always present with other types of investments.
Overall, investing in property can be a smart financial decision if done properly. It is important to do your research, understand the local market, and work with a qualified real estate professional to make informed decisions about your investment
Property investment requires financial education, asset acquisition, asset selling at time to create passive income streams through investment in real this is why when you are considering increasing your portfolio or selling your investment property the best thing you can do is reach out to your local real estate experts at OBrien Real Estate or seek out the financial position with out partners at MTNY Financial.
Regards
Dean O’Brien Corporate Director
March - April 2023 Review
We lease more.
A snapshot of last months leases.
Price per week Price per month Address Suburb 402RixRoad 17GlenislaWay 28CoolongAvenue 7ABowenCourt Unit9/6-8InnesCourt 37CaravanParade 18MarijaCrescent 1BennyPlace 28HazelnutBoulevard 50WilsonStreet 18DeakinCourt 63PositanoCircuit 18DukeStreet 28StefanDrive Unit1/23FarnboroughWay 2LeonardAvenue 48HancockDrive 4ShannonWay 18MacreadieDrive 88MoondarraDrive 14CormorantClose 2DamarAvenue 85KanookaRoad 47CreeksideStreet 35DarwiniaAvenue Beaconsfield Berwick Berwick Berwick Berwick Berwick Berwick Berwick Berwick Berwick Berwick Berwick Berwick Berwick Berwick Berwick Berwick Berwick Berwick Berwick BlindBight Boronia Boronia Clyde Clyde 4 2 1 4 2 2 3 2 2 3 1 0 4 2 2 3 2 1 3 2 2 3 2 3 4 2 2 4 2 2 4 2 2 4 2 2 4 2 2 3 2 2 3 2 2 3 2 1 3 2 2 4 2 2 4 2 2 4 2 2 3 1 0 2 1 1 3 1 2 3 2 2 4 2 2 $515 $410 $430 $440 $470 $470 $550 $550 $560 $580 $600 $630 $550 $430 $450 $470 $495 $570 $580 $590 $550 $420 $430 $440 $500 $2,237 $1,781 $1,868 $1,911 $2,042 $2,042 $2,389 $2,389 $2,433 $2,520 $2,607 $2,737 $2,389 $1,868 $1,955 $2,042 $2,150 $2,476 $2,520 $2,563 $2,389 $1,825 $1,868 $1,911 $2,172 March - April 2023 Review
A snapshot of last months leases.
We lease more.
Price per week Price per month Suburb Address 43MatchettDrive 18StockfieldAvenue 18ViewbrightRoad 43AthenaeumAvenue 80PicnicAvenue 5PortobelloAvenue 18VioletWay 54SpringhillDrive 41AFairbairnRoad 8DelmontCourt 102MarylynDrive 7/12-14FairfieldStreet 87ASladenStreet 140MonahansRoad 165CammsRoad 27MosseyCrescent 8MastertonPlace 15MercuryRoad 18ScotsdaleDrive 58RenlikCircuit 10/10MicklehamDrive 40MicklehamDrive 4KarlsonWay 14RebeccaCourt 9AldousPlace Clyde Clyde Clyde North Clyde North Clyde North Clyde North Cranbourne Cranbourne Cranbourne Cranbourne Cranbourne Cranbourne Cranbourne Cranbourne Cranbourne Cranbourne East Cranbourne East Cranbourne East Cranbourne East Cranbourne North Cranbourne North Cranbourne North Cranbourne North Cranbourne North Cranbourne North 4 2 1 4 2 2 4 2 2 4 2 2 3 2 2 3 2 2 3 2 2 3 2 2 3 1 1 3 1 2 3 2 0 2 1 1 2 1 1 3 1 2 3 2 2 4 2 2 3 2 2 4 2 2 4 2 2 2 1 1 4 1 2 3 2 2 3 2 2 3 2 2 3 2 2 $495 $530 $545 $550 $430 $420 $465 $480 $390 $400 $400 $430 $460 $470 $490 $470 $475 $500 $475 $400 $420 $470 $470 $480 $500 $2,150 $2,302 $2,368 $2,389 $1,868 $1,825 $2,020 $2,085 $1,694 $1,738 $1,738 $1,868 $1,998 $2,042 $2,129 $2,042 $2,063 $2,172 $2,063 $1,738 $1,825 $2,042 $2,042 $2,085 $2,172 March - April 2023 Review
A snapshot of last months leases.
We lease more.
Price per week Price per month Address Suburb 3CareyStreet 17HamiltonDrive Unit2/9CherryplumCourt 24PhelanDrive 48BellbraeCrescent 31FaolanWay Unit8/14-15HazelmereAvenue 7ScotlandCircuit 84JacksonDrive 1/3BowenStreet 62ArmataCrescent 1PetterStreet 3HazeldeanCourt 16EdgertonCourt 6CasuarinaCourt 72PoundRoad 39BBirkenheadDrive 13MurdochPlace 22SouthamptonDrive 18ButternutDrive 68FleetwoodDrive 128KurrajongRoad 27GarryowenCrescent 22FranleighDrive 2/5NandinaRoad CranbourneNorth CranbourneNorth CranbourneNorth CranbourneNorth CranbourneWest CranbourneWest CranbourneWest CranbourneWest Drouin FerntreeGully FrankstonNorth GlenWaverley HamptonPark HamptonPark HamptonPark HamptonPark Kilsyth Langwarrin Langwarrin Lyndhurst NarreWarren NarreWarren NarreWarren NarreWarren NarreWarren 4 2 4 3 1 1 2 1 1 3 2 5 2 1 2 3 2 2 2 1 2 4 2 2 4 2 2 2 1 1 4 2 2 3 1 1 6 3 2 3 2 2 3 1 3 3 2 3 3 2 2 3 2 2 2 1 1 3 2 2 3 2 2 3 2 1 3 2 1 3 1 2 3 2 2 $520 $420 $420 $480 $450 $475 $420 $540 $460 $380 $550 $400 $590 $430 $440 $500 $470 $550 $430 $535 $400 $460 $445 $420 $440 $2,259 $1,825 $1,825 $2,085 $1,955 $2,063 $1,825 $2,346 $1,998 $1,651 $2,389 $1,738 $2,563 $1,868 $1,911 $2,172 $2,042 $2,389 $1,868 $2,324 $1,738 $1,998 $1,933 $1,825 $1,911 March - April 2023 Review
We
A snapshot of last months leases.
Price per week Price per month Address Suburb 6WestleighCrescent 3BarondiAvenue 46TroupsCreekPromenade 15NormanPlace 14HighcliffCourt 23ErnestCrescent 45GledhilllStreet 5ForthbankTerrace 7WallingfordPlace 22TheQuadrant 17HewsonStreet 19MallardAvenue 76LeighDrive 12HarlesdenCircuit 9ExpeditionCircuit 14MountfordRise 16HighlandDrive 56BelmontCrescent 2HunterLane 13PortlandRoad 10TipperaryCircuit 11BellaVistaCrescent 76SovereignManorsCrescent 24/106SouthbankBoulevard 71TooradinStationRoad 10MaidenhairDrive NarreWarren NarreWarren NarreWarren NarreWarren NarreWarrenSouth NarreWarrenSouth NarreWarrenSouth NarreWarrenSouth NarreWarrenSouth NarreWarrenSouth Nyora Officer Pakenham Pakenham Pakenham Pakenham Pakenham Pakenham Pakenham Pakenham Pakenham Pakenham Rowville Southbank Tooradin Warragul 4 2 2 4 2 2 3 2 2 4 2 4 4 2 2 4 2 2 3 2 2 3 2 2 3 2 1 4 2 4 3 1 2 3 2 1 4 1 2 3 2 2 3 2 2 4 2 2 4 2 2 3 2 1 4 2 2 3 2 2 3 2 2 4 2 2 3 2 2 2 1 1 2 1 1 4 2 2 $450 $450 $460 $550 $600 $600 $430 $475 $465 $600 $550 $400 $420 $450 $470 $500 $650 $450 $480 $480 $470 $520 $630 $520 $350 $460 $1,955 $1,955 $1,998 $2,389 $2,607 $2,607 $1,868 $2,063 $2,020 $2,607 $2,389 $1,738 $1,825 $1,955 $2,042 $2,172 $2,824 $1,955 $2,085 $2,085 $2,042 $2,259 $2,737 $2,259 $1,520 $1,998 March - April 2023 Review
lease more.
5 reasons why OBrien
Reason #1
Access to more renters.
Inter-office promotion and selling increasing your property’s exposure. Latest prospective renter database.
Reason #2
Experience, integrity and knowledge.
Local area specialists, highly skilled and trained property managers across all offices.
Reason #3
Faster leasing time.
Our low days on market can translate into marketing savings. Less time on market ensures you receive the best possible price.
Reason #4
Constant improvement.
All property managers receive specialist industry training and have regular meetings.
Reason #5
Specialised marketing.
Professional photography and lease boards, utilising Australia’s premier real estate websites.
Bridget Daly
0488 224 161
Property Management Growth Specialist
Josh Barbut
0439 782 898
Property Management Growth Specialist
Rental Market Update
Our property management team Currently for lease Berwick Cranbourne Narre Warren Berwick97070556 56-58HighStreet berwick@obre.com.au Cranbourne59950500 CranbourneParkShoppingCentre FS005/125SGippslandHwy cranbourne@obre.com.au NarreWarren87940500 32OverlandDrive narrewarren@obre.com.au Rental Market Update
