PM OCT 2022

Rental Market Update

monthly review.

Our purpose

To create a place where we can facilitate our people’s growth.

Our values

Family. Our colleagues are our broader family, assist when needed and when in need.

Mutuality. Respect our colleagues and our clients as you would like to be respected.

Realising potential. Unlock your full potential, encourage and support your colleagues.

Embrace change. Strive for excellence; be open minded and willing to embrace change.

Health and energy. Work towards being well balanced within yourself.

From our corporate director

Dean O’Brien.

Dear Readers,

I’m very excited to let you know that as our company has grown over the last 12 years we have now invested further in the future of our team and our customers.

OBrien Real Estate is proud to announce that Mr Mitch Armstrong has been selected as its new Chief Executive Officer (CEO). Mitch’s appointment follows an extensive and competitive selection process. Before joining OBrien Mitch has held a variety of executive, operational and project leadership roles. Most recently, he held the position of Chief Commercial Officer (CCO) for Kay & Burton. Previously, Mitch served as Sales Director for Domain and Chief Operating Officer (COO) for The Royal Australian College of General Practitioners (RACGP) and is seen as an outstanding industry thought leader.

Reporting to the Corporate Directors; Dean O’Brien, Darren Hutchins and Stavros Ambatzidis, Mitch will transition into the responsibility of all Corporate operations and strategy. This new CEO role will allow the corporate team to work more closely with existing offices and assist with the brand’s continued growth.

Here is what Darren Hutchins, Corporate Director had to say about Mitch’s appointment:

“ThisappointmentmarksanexcitingnewchapterforOBrien RealEstate,wearelookingforwardtoworkingwithMitchto ensureOBrienRealEstatecontinuestodeliveronits purpose,tocreateaplacewherewecanfacilitatepeople’s’ growth.WebelieveheisagreatfitforOBrienRealEstate,with thecombinationofskillsandexperiencetoleadthe businessthroughitsnextstrategicphase.”

Here is what Dean O’Brien, Corporate Director had to say about Mitch’s appointment:

“Mitchbringsuniqueperspectivesonthenationalbusiness environment,havingatruemultifacetedcareerjourney.Iam excitedtoworkwithMitchaswecontinuetomakesignificant inroadsinbecomingVictoria’smostsuccessful,progressive, andinnovativerealestatebrand.Mitchhasalreadybeen impressedbythequalityofourpeople,thestrengthofour cultureandourclientrelationships.Webelievewehavean excitingfutureinfrontofusaswecapturegrowth opportunities.”

Here is what Stavros Ambatzidis, Corporate Director had to say about Mitch’s appointment:

Here is what Mitch had to say about his appointment:

“IamhonouredtohavebeenselectedasOBrienRealEstate’sfirst CEO.Itisaprivilegetobepartofan organisationthatdelivershighqualityservicesand innovativesolutionstothebestclients,developsthemosttalented professionalsintoleadersanddoesitsparttoimprovethesocieties inwhichweoperate,”saidMitch.

“Weareanorganisationledbyapurpose–tomakeapositive, meaningfulimpactthatmatterstoeveryone OBrientouches.Iwilldomybesttoservethenetworkbyhelping enableourleadersandpeopletofulfilltheir passiontomakeadifference.MylongtermgoalistoseeOBrien growtothelargest,mostexcitingRealEstate brandinVictoriaandbeyond”

“Mitchwillbringawealthofindustryexperienceand excellentstrategicandleadershipskillstoOBrienReal Estate,andIamdelightedthathewillbeournewChief ExecutiveOfficer.Hehasimpresseduswithhisclarity, structureandfocus,andastrongclient-centricmindsettothe role,andbyhisdrivetoleadthedevelopmentofOBrienReal Estate’sfuturestrategy.”

This is a very exciting time at OBrien Real Estate as we strive to provide the highest quality of service and create the best customer experience here. This is a new stage for our team to deliver even more effective and efficient processes to you our valuable customers.

Regards

Dean O’Brien

From left to right, Dean O’Brien, Stavros Ambatzidis, Darren Hutchins, Mitch Armstrong.

Rental

We lease more

A snapshot of last months leases.

Suburb

Beaconsfield Beaconsfield Berwick Berwick Berwick Berwick ClydeNorth ClydeNorth ClydeNorth ClydeNorth Cranbourne Cranbourne Cranbourne CranbourneNorth CranbourneNorth CranbourneSouth DevonMeadows Hallam KooWeeRup LangLang Lynbrook NarreWarren NarreWarren Officer Pakenham

2

2

2 2

2

2 2

2 2

2 1

2 2

2 2

2

2

$550 $520 $570 $680 $470 $580 $465 $480 $410 $550 $500 $350 $500 $430 $460

Price per weekAddress 24KathleenCourt 14SakuraDrive 26GrandArchWay 4SunsetBoulevard 10MillwoodAvenue 12EdgbastonCircuit 5FaveroStreet 23SloaneDrive 26aSelandraBoulevard 48GlenelgStreet 57FloydCircuit 36DuffStreet 2BarklyStreet 57RenlikCircuit 46BroomeCrescent 12LanossoAvenue 30-32WorthingRoad 11ElderClose 33SybellaAvenue 40LindheLane 112HutchinsonDrive 25DunkinsonStreet 12MahonCrescent 14StanleyDrive 76LeighDrive

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.

Rachael

Bridget

Josh

Our property management team

Our network

Cran bourn e Mornin gto n Rye

En deavour Hill s Fr anksto n Langwarri n So mervill e Hasting s

Narre Warre n

Menton e Chelse a Carru m Down s

Keys boroug h Berwic k

Tecoma / Belgrave / Olinda Pakenh am

Oakleigh

Syden ham Corporate

Preston / Reservoir BrightonWerribee

Torquay

Melton Deer Park Cowes Wonthaggi

Croy don Wantirna

Ringwood Vermont Blackburn

Cairns & Beaches

Bairnsdale

Drouin Warragul

Far North QueenslandEastern Victoria

Wangaratta Wodonga

Northern Victoria