Autumn 2022
Property. l from every perspective
View Property Magazine
Australia
CONTENTS RE/MAX AUSTRALIA REGIONAL TEAM RE/MAX Australia P. +61 7 3007 9000 E. remax@remax.com.au 143 Coronation Dr, Milton QLD 4064 PO Box 1326, Milton QLD 4064 www.remax.com.au VIEW EDITOR Lyn Cox E. lcox@remax.com.au M. +61 418 793 096 VIEW EDITORIAL ASSISTANT Jennifer Kent VIEW DESIGN Expressway Studio VIEW PRODUCTION COORDINATOR Jasmine Burn E. jburn@remax.com.au VIEW ADVERTISING ENQUIRES Marna Maloney E. mmaloney@remax.com.au
Copyright © 2022 RE/MAX Australia All rights reserved. The materials herein may not be duplicated, copied or reproduced – in whole or in part – in any way without written permission. VIEW magazine is provided to RE/MAX affiliates as one of many benefits. The opinions of guest contributors and interviewed guests are their own and not necessarily those of RE/MAX Australia, or its affiliates, or any of its owners, officers, employees or agents. While every care has been taken to ensure the accuracy of the information it contains, neither the publishers, authors nor their employees, can be held liable for inaccuracies, errors or omission. Readers should not rely on this newsletter as a substitute for professional advice.
2
VIEW PROPERTY MAGAZINE
3 4 6 7 8 10 12 13 14 40 41 42 44 45 46 47 48 50 52 53 54
Marketplace of Savvy Consumers Prim & Proper or Wild & Free On location: Nollamara, WA Boomer Power The Ambassadors Two Sides of the Coin Sell it or Make it Saleable Five Finance Tips Property Advertising Pages 14 to 39 Ask an Agent Managing Maintenance Costs Global Destination: Japan Online Confidence It All Starts with a Plan On location: Baffle Creek, QLD Colour Me My, How Things Have Changed Shout it from the Rooftops On location – Gordon, NSW Oh Baby Things Rarely Go to Plan And featuring RE/MAX Property Listings from page 14
MARKETPLACE OF SAVVY CONSUMERS.
11 1. 2. 3. 4. 5.
TOP ELEVEN THINGS AN AGENT DOES BETTER THAN THE INTERNET
SHARE FIRST-HAND EXPERIENCE COMPARE APPLES WITH APPLES USE ‘IN THE TRENCHES’ KNOWLEDGE TAP INTO A NETWORK NEGOTIATE FACE TO FACE SO ‘FEELS’ THE MOMENTS 6. HAVE THE HUMAN TOUCH IN RELATIONSHIP BUILDING 7. PROVIDES EMPATHY 8. UNCOVERS BUYER AND SELLER MOTIVATION 9. ACTUALLY TALKS (COMMUNICATES) 10. HOSTS INSPECTIONS, OPENS AND AUCTIONS 11. ENGAGES WITH THE COMMUNITY
T
The experienced agent guides the seller and provides the best strategy for preparing the home for sale, marketing it and getting it sold quickly for the best possible price.
But nothing can truly replace the expertise and knowledge of an experienced agent. Furthermore, it is because today’s real estate consumers are more educated about the market and the processes involved with buying and selling that those agents have a wonderful opportunity to add even more value when working with customers to buy or list a property.
Agents build on their knowledge and expertise and hone their skills through professional development, office meetings, drawing on fellow agents and the like.
here is a plethora of online resources available to assist savvy buyers and sellers. Accessing information on the market, and current listings, may even give buyers and sellers an advantage.
It’s hard to compete with the first-hand experience that agents have in visiting properties, plus their innate knowledge of local market matters that can influence values and listed prices. An agent who knows the nuances of a neighbourhood will provide a very educated guide to the value of a property and its potential listing price. A neighbourhood is a community, where people spend a major part of their life, and community plays a big role in the livability of the area. That’s why the neighbourhood may impact a property value significantly. Location is one of the key features that can cause appreciation or depreciation in property prices. For instance, neighbourhoods with a low crime rate and highquality educational institutions can contribute to raising property value.
Another valuable resource that buyers and sellers can’t receive from online searches is the agent’s network.
In having intimate knowledge about an area and its sales, and not just relating to their own office, they gather a lot of information about the condition of properties, buyer interest and feedback, and even owners who may only be thinking about selling. If you want to be a savvy seller or buyer in today’s competitive market, make the best use of online resources while you also allow the agent to show you their worth and deliver a great real estate experience. Online resources can give buyers and sellers an advantage when it comes to accessing information on the market and current listings. But nothing can replace the expertise and knowledge of an experienced ‘in the trenches’ agent.
Whether you be seller or buyer, you really want to be guided by an accurate value. A seller being swayed by an inaccurate, overly inflated value may well be disappointed when the ‘market’ speaks, and buyer feedback comes in.
VIEW PROPERTY MAGAZINE
3
PRIM AND PROPER OR WILD AND FREE
4
VIEW PROPERTY MAGAZINE
WHAT’S YOUR GARDEN STYLE? E
very homeowner has the opportunity to invent their personal gardening style commensurate with their budget, taste, the space they have to work with and the nature of the site. If you are a keen gardener, you will be in there getting your hands dirty. If not, you may be paying someone else to shape your garden landscape for you. Let’s generalise about two people with very different approaches to their garden.
One likes their plants and pathways to be structured and ordered. The other prefers plants tumbling all over each other with no apparent planning. Note the word ‘apparent’, because this second garden may be every bit as planned as the first. Our first gardener in this story fits the ‘prim and proper’ category. The garden may be formal, laid out in a symmetrical or geometrical pattern. Everything is planned in straight lines. Trimmed hedges and edges, and topiary are typical features. Borders create a visual path to a feature or view.
Rows of neatly clipped Buxus borders with some Robinia topiary and maybe a screening Camellia hedge are effective in following the European template for creating a formal style garden, but suitable Australian species can be substituted as an integral part of the design. Our second gardener leans more to the informal garden characterized by curves, non-symmetry and plants allowed to grow into their natural shapes. In truth, such a garden is harder to design than a formal one because they are ruled by irregularity. Here planning is disguised by planting, and the garden should look as though it has grown up naturally. There may be a riot of colour, soft edges and tall shrubs and taller trees to add to the vertical dimension.
Our second gardener may in fact throw caution to the wind and go completely wild. Did you know that there was a movement in the last decade of the nineteenth century to establish gardens that were against all formalism and broke traditional rules of landscape styles? It led to the wild garden concept. Nature is imitated. Bulbs are scatter-planted in grass. Trees, shrubs, grasses, creepers and other plants convey a sense of bushland or forest flora. Both of our gardeners will create something very special. On one hand it might be a well-maintained design with shaped hedges and a manicured lawn; on the other a joyful kaleidoscope of freeform planting.
IF YOU WANT YOUR GARDEN TO BE ‘NATURAL’ THROUGH TO ‘CHAOTIC’, CONSIDER THESE TIPS Create a visual imbalance and a more whimsical experience with bright flowering plants juxtaposed with plain coloured grasses for example. Forget garden edges. Create paths out of natural materials and allow them to lead you through natural spaces between the plants. Have taller plants and trees interspersed with bushes, grasses and groundcovers; deciduous with evergreens; and annuals among perennials to recreate a natural mix of plant species. Use curves, which are found in natural landscapes more so than straight lines. Plant native grasses en masse. Select plant varieties that will attract birds, insects and other native fauna. Randomly place weathered logs, stumps or oversized rocks around the garden instead of garden ornaments and statues. These also provide shelter from frogs and other small wildlife.
Whether it is a formal, informal or completely wild style, the garden should have colour, texture, harmony and balance. Happy gardening! Enjoy!
VIEW PROPERTY MAGAZINE
5
ON LOCATION NOLLAMARA, WA I
EXPERIENCE
n the northern suburbs of Perth is the small suburb of Nollamara, which is named after the Aboriginal word for the flowering plant Macropidia (more commonly known as the black kangaroo paw).
Things to do around Nollamara Jump in the car and head on down to Trigg Beach for a surf or a swim. During the day, grab a coffee at one of the local cafes nearby, or make the most of the afternoon by picking up some local fish and chips and enjoy the sun setting over the ocean.
The suburb has experienced a revitalisation in recent years and the change has seen older-style homes on large blocks redeveloped into modern townhouses, attracting a new wave of residents to the sunny suburb. Nollamara is conveniently located a mere 15-minute drive from Perth’s CBD and west to beautiful beaches. Easy access to retail and food outlets with plenty of parks dotted throughout the suburb is bringing increasing interest from young families looking to move into the area.
“Nollamara is an area that is experiencing growth thanks to a number of developments. New unit and apartment complexes, coupled with affordability and proximity to the CBD, shops and beaches is bringing interest into the area.” Donna Goddard, RE/MAX GBT Realty
MARKET SNAPSHOT Population 11,600 Renters 46% Owner occupiers 54% Median house $421K Median unit
6
VIEW PROPERTY MAGAZINE
$370K
Food and entertainment combine at The Leederville Precinct, Perth’s inner north entertainment precinct. Catch up with friends for alfresco dining, enjoy a craft beer and check out the latest live acts. You can even bring your fourlegged friend into the yard to join in the fun. There are plenty of options for some retail therapy close by. Karrunyup Shopping Centre has everything you need in one place. Or why not head into the city and experience the vibrancy of Perth’s CBD.
BOOMER
POWER T
alk of the millennials has dominated much of the conversation around real estate over the past couple of years, but what about the baby boomers? Is this group still influencing real estate markets – how?
FIRST – THE MILLENNIALS Millennials are generally said to be 1980 to 1996 born. They make up the largest proportion of Australia’s population at 22 per cent and account for 35 per cent of the workforce. Social demographer, Bernard Salt recognised a change through the pandemic. Many millennials whose careers had led them to inner city apartments in their 20s were now leaving these areas ahead of their time. Now that they can live anywhere with reliable broadband, millennials are buying homes where they can put down roots long term as they work from home and grow their families. One economist has said there won’t be enough homes to meet millennial buyer demand. Not the time for sitting on your haunches, perhaps?
THE BABY BOOMERS A Baby Boomer is generally said to be someone born in the years following World War II, between 1946 and 1964, a period known for a sudden increase or ‘boom’ in the world’s birth rate. There have been questions around what might happen in the real estate market in the coming decade or so when around 5.3 million retire, those that haven’t already. Of the roughly 24 million people in Australia, about 22 per cent are between the ages of 55 and 73, meaning baby boomers still make up a sizable portion of the population. And they are not happy to fade into the background! Research says that baby boomers are feeling more confident in using new technology and that 92 per cent want virtual options on property viewings to continue even after the pandemic is over. Also interesting is that one quarter of Australians are banking on the inheritance from baby boomers who are expected to pass $3.5 trillion on to their children in the next 15 years. Best not to rely on it though, Millennials! Given that baby boomers are the generation with the most real estate wealth, it is understandable that they have a major influence on the rental and housing markets. Baby boomers have been drawn to a maintenance-free lifestyle, the ability to relocate with ease, and opportunities to socialise among other reasons. One study even found that a significant percentage of baby boomers were hesitant to follow the pattern of past older generations and downgrade space, move in with family, or move into assisted-living facilities.
“
Baby boomers still like to party!
”
Baby boomers clearly still have the capacity to affect housing markets. In 2029, the youngest baby boomers will have their 65th birthdays and the oldest their 83rd. Baby boomer investors – what are they buying? Keep the following in mind if you are a baby boomer or wanting to attract the boomer buyer: LOCATION Location is crucial, but they may seek inner or near-city residential options rather than move away from their capital city. ONE LEVEL HOMES AND LOW-RISE APARTMENTS They prefer single level; and while lifts give access to high rise apartments and multi-level homes, low rise is a winner. MODERN FACILITIES AND AMENITIES Newly refurbished properties with contemporary equipment and lifestyle features have great appeal. FLOOR PLAN The well-thought-out floor plan is essential, with well-placed and easily negotiated stairs and wide doorways and hallways. WORK AND RECREATION Many are likely to juggle work and retirement well into their 70s. They want the home with an office and high-speed internet connection along with a work-out space and manageable garden. Home is for work and play. Baby boomers want to enjoy life as they did in their 50s. PARENTS AND/OR ADULT CHILDREN Forget the stereotyped ‘old generation’. Baby boomers’ parents may still be living, so homes with a granny flat or similar might serve them well. And they appreciate privacy when children and grandchildren visit.
VIEW PROPERTY MAGAZINE
7
M
eet 21-year-old Mel, 21-year-old William and Chanae, 23, three young people established as ambassadors for the Asset Building Club (ABC), an initiative to show 18 to 30-year-olds the way to property ownership. CHANAE IS SAVING FOR A DEPOSIT. This is stage 1 - someone who has made the decision to get on the property ladder, that it is time to budget and save, and is serious about changing their life to accommodate this. MELANIE IS AT STAGE 2. She has saved the money for a deposit and needs to now know the process. She has put in a couple of offers, with guidance, but not yet purchased. WILLIAM IS AT STAGE 3. He has acquired two properties and targets $1million in property assets by age 25. They regularly invite the ‘Jamies’ in their local community north of Brisbane, any 18- to 30-yearold male or female keen to begin a property journey or at any stage along the way, to be part of the Asset Building Club. Here is how they view their responsibility along with some thoughts on property ownership.
HOW DO YOU FEEL ABOUT BEING AN ‘AMBASSADOR’ FOR YOUNG PEOPLE INVESTING IN REAL ESTATE? WILLIAM: I’m excited. I feel like a lot of people my age don’t understand the benefits and the possibilities you can create by investing in real estate, especially at a young age. So, it’s awesome to be able to show and help people create wealth in something I’m passionate about. CHANAE: As I am just at the beginning stages, I feel I am the most relatable to people in the same boat – still in the saving process or those that aren’t sure where to start. The relaxed ABC setting and the fact that we three are of similar ages shows them how achievable it is for them to begin the journey.
HOW DOES THE THOUGHT OF OWNING PROPERTY MAKE YOU FEEL? WILLIAM: Having family working in real estate has always made me interested in property. When I bought my first property at 19, I was excited but also nervous to finally step out into the world and become an adult. It is the best thing I have done. MEL: Excited and independent.
8
VIEW PROPERTY MAGAZINE
THE AMBASSADORS WHY DO YOU THINK YOUNG PEOPLE ARE RELUCTANT TO BUY – OR THINK THEY CAN’T BUY - PROPERTY?
WHAT HAPPENED IN THE LEAD UP TO YOU TAKING THAT FIRST STEP UP ON THE PROPERTY LADDER?
WILLIAM: I think it’s because people don’t even know where to start, which is the whole reason we started ABC. We can show young people that with access to the right people and, hopefully, with some guidance from us, they are on track to purchasing their first Investment property/home.
WILLIAM: When I was 18, RE/MAX hosted a first home buyers’ night, a lot like our ABC event, where I was shown the possibilities and the rewards of getting in the market at an early age.
MEL: A lot of young people think they can’t afford to purchase, especially in today’s market. There isn’t much education for teens around purchasing a property and what you need. Student debt also prevents many young people from saving a deposit. CHANAE: Many have little understanding of what is required to get a bank loan, haven’t been taught money management skills or have received no real guidance on where to begin, making the entire process seem daunting.
MEL: I just saved consistently since graduating school and when I had enough savings, I got in touch with a Pivotal Financial broker who sorted out all my finances and then spoke to our buyer’s agent who will now find me a property.
THE WOMAN BEHIND IT ALL - Real estate principal Kathy Sweeney
WHAT MIGHT YOU NOW SAY TO YOUR 18-YEAR-OLD SELF? WILLIAM: I’d probably say: ‘Don’t be afraid to ask people questions’ and ‘Don’t Wait’. Save as much money as you can so you are in a position to purchase when a great investment opportunity comes along! MEL: Stay at home with your parents for as long as possible and save. Buy within your means; don’t go into debt buying expensive cars and materialistic things. CHANAE: Even just saving a small amount each week consistently makes a huge difference. Recurring direct debit payments are your best friend! Set & forget. The sooner you start, the sooner you can buy… and the best time to buy real estate is always now.
Kathy Sweeney is both a compassionate being and an astute businessperson. She’s held senior management roles within the sporting industry and was an international Touch Football referee for many years. Her links with the Moreton Shire community where she’s lived for more than two decades are very strong. As a former Australian representative for Touch Football, Kathy knows what success looks like and what it takes to achieve. She enjoys translating skills from the sporting and business arena to the real estate industry. She likens developing the ABC concept to an extension of her coaching and mentoring in the sporting arena. “The idea began about three years ago when I wanted to empower young people in my office to enter the property market. I didn’t want to simply help them buy a home, I wanted them to learn how to run a ‘program’ of investing in property.”
Through ABC, I am breaking down the barriers, taking fear out of the equation, and showing that brokers and real estate professionals are not scary and unapproachable.
VIEW PROPERTY MAGAZINE
9
TWO SIDES OF THE COIN SELLING AFTER PUTTING IN THE EFFORT
QUESTION ONE: Do you have plans to sell a property this year or maybe next? It may be your own home or a home you rent out to others. QUESTION TWO: Are you thinking of giving it a facelift before you sell?
W
hen you are renovating with a sale as the goal, the purpose of renovations is to make the property appeal to the largest possible number of people. Focus your improvements on ways that will make the buyers want to be living in the home. Help them to picture themselves living in the environment. While many buyers look beyond easily visible enhancement and really will see the value in new plumbing, insulation and ducted air conditioning, the fact is that first impressions really do count for a lot, especially in getting them back for a second look.
Renovating to create a home with wide appeal can lead to a solid return on your investment. 10
VIEW PROPERTY MAGAZINE
DO THESE SUGGESTIONS ADD APPEAL FOR YOUR PROPERTY? Brush strokes Giving your house a fresh coat of paint may be one of the easiest and most affordable things you can do to increase value. If, externally, the paintwork is faded and cracked a house can look older than it is and neglected, just as scuffs and chipped paint on walls inside do. Choose on-trend colours without being too bold or bright.
Renders Cement rendering has become popular as a cosmetic upgrade that can be used on blue board and brick, external or internal house walls and fences. Paint it and give an aging home a contemporary facelift.
Landscapes
This goes a long way for street appeal. Keeping things low maintenance will appeal to most buyers unless your place lends itself to being part of an open garden exhibition. In that case, make the landscape a selling point, but accept that you will be trying to attract a specific buyer-type. Generally, when it comes to landscaping, less is more; so, lawn area over complex highmaintenance gardens, hardy planting over finicky species. Trees can provide a great shade source and give privacy but don’t give the impression that they have taken over the yard. Low-cost cosmetic improvements such as garden beds, paving, redoing driveways and relocating the clothesline are worth consideration. A truly workable garden shed is a good feature too.
Appearances The front view is often the first thing the buyer sees whether in person or virtually. Take a critical look yourself. New window shutters, front door and letterbox are simple changes that can make a huge difference to the look of your home.
Entertainers Doesn’t everyone love a functional outdoor area? There are few areas evoking more of an emotional response than a gorgeous deck for dining alfresco. Make it an all-weather space for entertaining and you will have sold your buyers on lifestyle at first glance. Bi-fold doors that open a house up to an outdoor area have appeal and make the home feel larger too.
Conversions This may involve going to a bit more expense. Consider what potential buyers might think is of most value in your location. For example, if there is already plenty of off and on street parking available, they might prefer an additional room over a place to park a vehicle.
Sensors A security system may go a long way to improve potential buyers’ perceived value. Modern systems are affordable, user-friendly, and feature smart controls for monitoring the home and managing access via smartphone. This may be an emotional tug, appealing to a buyer’s desire for safety and peace of mind.
BUYING THE LESS THAN PERFECT HOME
DON’T UNDERESTIMATE A NEW PAINT JOB
QUESTION ONE: Do you see potential in the home?
A fresh coat of paint makes a world of difference. Try picturing the home that way. Even kitchen cabinets can be given a new life.
QUESTION TWO: Are you prepared to give it a facelift after you buy?
A FEW SUGGESTIONS TO HELP BUYERS IMAGINE WAYS TO IMPLEMENT DO-ABLE RENOVATIONS The bones remain The bones of the house - the construction materials, the windows, the roof – should warrant your attention. If these are good, other things can be changed, updated and upgraded later on. Focus on whether you like the main characteristics of the property, such as the layout, the room sizes, and the flow of the house. You can easily change the interiors but rarely the bones.
Make cosmetic choices Quick cosmetic improvements like light fixtures and faucets allow you to put your stamp on the home without taking on seriously expensive renovations.
Tackle one room at a time Assuming you have bought to hold on to for several years, you can upgrade as you go. You don’t have to renovate everything tomorrow. Take your time, room by room.
Visualize the potential Use technology if you can, such as 3D modelling and virtual staging tools. Look at the home’s surroundings - its neighbourhood - too.
Even a lessthan-perfect home has great potential with the right perspective VIEW PROPERTY MAGAZINE
11
SELL IT OR MAKE IT SALEABLE
What has traditionally not been a go-to in years past, more particularly in some markets than others, has really come into its own since the arrival of this dreadful pandemic.
D
ene Tucker* is a firm believer in the saying ‘when people want to do something, they’ll find a way – when they don’t, they’ll find an excuse’.
He reflects on how the pandemic has enabled the auction market to come to the fore in real estate markets right across Australia and New Zealand. Ironically, it has not been the real estate industry that has driven this change, but the desire of sellers looking to capitalise on the price growth in their respective communities. Dene has always maintained that it was the industry not the market that was getting in the way of auctions. He says the past two years have vindicated that view. Many things have aided the change - from very low housing stocks to record low interest rates – but we have experienced a phenomenon that has seen record results in real estate markets across the country. In simple terms, the basic economic principles of scarcity bolstered by competition have created some of the most interesting and exciting sale price results in many decades. He’s questioned why sellers have not attempted to capitalise on these two basic principles in the past. His experience has proved that doing so works in any type of market - a seller’s market, buyer’s market or balanced market – buoyant or in a slump. Competition drives prices up, not down.
AS A STRATEGY, AUCTION HAS NO PEER. It delivers the opportunity to capitalise on strong marketing, ever-present competition, and an unconditional contract on terms that give sellers certainty, along with the option to sell prior to auction if desired. This is teamed with the option to go to the private treaty market post-auction.
*Dene Tucker, RE/MAX Australia auctioneer
12
VIEW PROPERTY MAGAZINE
SELLERS HAVE A THREESTAGE STRATEGY TO ‘SELL IT - OR MAKE IT SALEABLE’ IN ANY MARKET, IN ANY COMMUNITY. Dene points to results of a recent realestate. com.au study, which highlight a danger he says many have fallen into in recent years: people have elected to sell their homes ‘off-market’ through an agent who has buyers ‘up their sleeves’. Whilst this may look like an attractive proposition to avoid perceived marketing costs, the study unveiled that this path can end up ‘costing’ the seller instead (around 2.7 per cent of their potential realisation) on average. Based on a sale price of $600,000, that’s a loss of more than $16,000. At $1,000,000 it equates to $27,000. An initial investment of $1,500 to $5,000, or more, may have resulted in a sale price ten, twenty, thirty thousand dollars more if competition forces were allowed to participate. Dene has personally witnessed a figure in excess of $200,000. So, what does ‘sell it – or make it saleable’ mean? We do everything we can to ensure every potential buyer knows what we’re selling, puts themselves in a position to buy it, competes against other interested parties and pays an amount they wouldn’t want to lose it for rather than an amount they would love to pay.
This can occur prior to auction, on auction day or post auction. Dene says the key is to retain leverage in the process without sacrificing opportunity along the way. A successful execution comes from good management not good luck. It takes an experienced agent to get the best outcome; and getting a result that you’re happy with, that harbours no regrets, is about having a strong strategy.
#themagiconlyhappensatauctions
W
e call a market ‘hot’ when there are too many buyers competing for limited properties, or properties selling at far higher prices than they would have a short time ago. Other indicators can also be a rise in a suburb’s median house price, less real estate advertising, and properties going live on sites like RealEstate.com.au with ‘under offer’ banners already there. While buying in a hot market can bend the traditional rules of how real estate works, there are a few secret weapons that home buyers can deploy to get into their home faster while sticking to their budget.
FIVE FINANCE TIPS FOR BUYING IN A HOT MARKET With MATTHEW ANDREWS, Director, Pivotal Financial
GET A PRE-APPROVAL – The golden rule of buying in a hot market is to have your financials as organised as you possibly can. When there’s 20+ people competing over the same property, making an offer on a property while pre-approved will help! PREPARE TO COMPROMISE – Many first home buyers make the mistake of approaching their first purchase with rose tinted glasses and get disheartened if they can’t find their ‘forever’ home. Instead, think pragmatically… like a property baron would in assessing an investment. BE AGGRESSIVE – Dithering and ‘umming and aahing’ in a hot market will not do you any favours. Instead, make offers confidently and quickly to show that you’re a serious bidder. Make yourself known to real estate agents. SIMPLIFY THE PROCESS – When buying in a hot market, remember that most sellers are looking for the highest price with the fastest turnaround time and can view certain contract contingencies such as inspections and finance clauses as potential reasons for the deal to fall through. Minimise your clauses to the essentials whenever possible. STICK TO YOUR BUDGET – Don’t fall victim to panic buying. While there’s plenty to compromise on, one thing buyers should not budge on is their budget. This will save you from over-committing in the long term. With some of the more prominent lending institutes approving home loans in under two business days, it’s worth partnering with a reputable mortgage broker to help you make the most of the current interest rates, terms and ultimately finding a pre-approval that’s best suited to you and your lifestyle. The good news is that getting preapproved for a home loan doesn’t have to be stressful, frustrating or time consuming.
pivotalf in .com . a u
VIEW PROPERTY MAGAZINE
13
NEW SOUTH WALES
FOR SALE
Luxurious Dual Level with Water Views NSW Australia 607/58 Peninsula Drive, Breakfast Point
1
1.5
1
BY NEGOTIATION View: rem.ax/34LTPuo
MATT ROFFE CONTACT: 0421 742 226 matt.roffe@remax.com.au BETH PENTECOST CONTACT: 0455 116 673 beth.pentecost@remax.com.au
RE/MAX KRG
Located within one of the finest Breakfast Point releases ‘Nantucket’ just moments from the water’s edge, this designer dual level apartment spans over levels 5 & 6 boasting an open plan living & entertaining with a large balcony perfect for hosting guests. Crisp, modern and enjoying fantastic uninterrupted water views, 607 Nantuket offers a generously proportioned home with quality appointments and a versatile floorplan. Private & conveniently located within a stroll to village shops, cafes and the Breakfast Point resort amenities. Premium Features Include: - Spacious open design with lounge and dining areas - High ceilings create a dramatic impression and allow the eye to travel - Wide sheltered entertainers balcony with uninterrupted water views - King sized master suite with built-ins and ensuite - Stylish modern kitchen fitted with quality Miele appliances
NEW SOUTH WALES
AUCTION
Blue Chip Positioned 910sqm Original Homestead NSW Australia 15 Brays Road, Concord
5
2
4
Auction View: rem.ax/3gzkzkq
MATT ROFFE CONTACT: 0421 742 226 matt.roffe@remax.com.au BETH PENTECOST CONTACT: 0455 116 673 beth.pentecost@remax.com.au
RE/MAX KRG
Offered for the first time in close to 60 years, this much loved family home sits on a magnificent parcel of land with a desirable 910sqm on title, with a 15.24m frontage. This is the type of property people dream of, ready for its next occupants to renovate, demolish or capitalise on the existing home that has old world charm and prestige period features. Offering 5 substantial bedrooms, a multitude of living areas, a large backyard with side access and a rear garage, capable of housing several cars with 4 separate entrances. Family friendly kitchen located at the heart of the home with eat-in dining, several formal and informal living spaces all coming together on a clear of easement block presenting an abundance of possibilities.
NEW SOUTH WALES
FOR SALE
The home that pulls all the heart strings NSW, Australia 207 Pollock Ave, North Wyong
4
2+
3
JUST LISTED View: rem.ax/3HTAQNs
CORINNE INTIA CONTACT: 0431 283 094 corinneintia@remax.com.au RE/MAX Pamilya Properties
This stylish, modern family home will never disappoint with an ever-changing palette of vistas. Embraced by stunning mature landscaping, large entertaining area with pot belly fire and a separate in-law’s residence. The three generous sized bedrooms in this openplan home is for those that enjoy the finer things in life while reminiscing of your childhood memories of family weekends and BBQs . - Large bedrooms with built-ins in two bedrooms, ceiling fans and air conditioner to main living area. - Meticulously maintained yards and storage. - Open sun-drenched living spaces, with a floorplan design that lends itself to spoiling and hosting friends and guests. - Sensational kitchen with new dishwasher and covered entertaining decks. - Separate in-law accommodation with own private entry, storage area and built-ins. - Hybrid Vinyl plank flooring throughout. - Only 2 years old with near new hot water tank - 6.6kw solar & bottle gas heater.
NEW SOUTH WALES
FOR SALE
A PIECE OF PARADISE NSW, Australia 7 Symthe Rd, Junee
4
2
3
$895,000 - $915,000 View: rem.ax/3gG807g
JENNA POLLARD CONTACT: 0418421621 jenna.pollard@remax.com.au RE/MAX Vision
Renovated from head to toe complemented with clever design changes, this quality home has become a modern-day classic, appealing and suitable for many family types. This spacious 4 bedroom home offers a classic floorplan, where the main bedroom is private and separate from the rest of the other bedrooms. Open and flowing living areas ensure everyone can feel at home in their own space. A spectacular kitchen of the highest quality offers 40mm Caesar stone benchtops, 900mm Smeg freestanding oven and rangehood, 2 dishwashers, a walk-in pantry and cupboards galore. The kitchen flows seamlessly into a large open plan living and dining area all with Karndean Hybrid flooring throughout. All bedrooms and separate lounge area have Beaulieu carpets which are still under warranty. With a 2 acre plus block being an ideal size to bring together a wonderful balance of open space and entertaining. There are spectacular landscaped gardens including a large veggie patch with a wide variety of fruit and nut trees. There is a large storage shed as well as a fully air conditioned art studio with wonderful views of the garden.
QUEENSLAND
SOLD
An Unrivalled Lifestyle QLD, Australia 66 Hindes St, Lota
5
3
3
$1,703,000 - SOLD View: rem.ax/3gDxd1U
TRAVIS GILL CONTACT: 0407 124 733 travis .gill@remaxwm.com.au ZOE O’CONNOR CONTACT: 0422 804 419 zoe@remaxwm.com.au
RE/MAX Advantage
Tastefully blending character-style grandeur with modern sophistication, this five-bedroom home + study offers an unrivalled lifestyle. Set on an 810sqm allotment close to local conveniences, this dual-living property with a swimming pool, pool house and outstanding entertainment options has been intelligently updated to suit a range of family dynamics. Located in the beautiful suburb of ‘Leafy Lota’ (Approximately 20kms from the Brisbane CBD), this home is only a short stroll away from lush parklands and the glorious Lota Esplanade, including endless walking and cycling paths and the prestigious Royal Queensland Yacht Squadron, surrounding marinas, cafes and restaurants. The exciting development taking place in the neighbouring suburbs of Wynnum and Manly will ensure to transform this seaside suburb and will only encourage further capital growth.
506sqm with Bay & Island Views QLD, Australia 101 Melville Terrace, Manly
506sqm BY NEGOTIATION View: rem.ax/3rE0pwb TRAVIS GILL ZOE O’CONNOR CONTACT: 0407 124 733 travis.gill@remaxwm.com.au RE/MAX Advantage
Stop searching for your dream home & build it here! Are you tired of not being able to find a home that suits your lifestyle... then why not build? This fantastic 506sqm block of land with a gentle slope to the front of the block is the perfect setting for your new terrace home. With a panoramic and protected view on offer and the advantage of not having the “small lot” building restrictions, you can be very creative with your design and building of your forever home. Only 500 meters to the Esplanade and parklands and 500m to Cambridge Pde, the lifestyle on offer here is second to none. To obtain a copy of the contact of sale, please contact Travis and Zoe.
FOR SALE
8th Floor - A Very Convenient Location Brisbane, Australia Apartment 805 70-74 Carl Street Woolloongabba
1
1
$349,900 View: rem.ax/3gD2FNL Chris Warren CONTACT: 0414 786 777 chris@remaxcolonial.com.au RE/MAX Colonial
Located high up in the building with a southside suburban view towards Mount Gravatt in the landmark, stylish Palazzo Brisbane building, this stunning one bedroom apartment unit will suit investors, singles or couples looking to be a part of the ever changing Wooloongabba precinct which is 2kms from the CBD. Palazzo is opposite the Buranda Shopping Village and looks towards the PA Hospital and is a few minutes walk to trains and buses. You hardly need a car here. The property is currently rented for $370 a week until 12th March 2022. The tenants will consider moving prior to the end of the lease should a prospective buyer prefer to move in earlier.
QUEENSLAND
FOR SALE
QUEENSLAND
FOR SALE
Private And Convenient Lifestyle In Olympic Suburb QLD, Australia 21-25 Carl Street, Woolloongabba
1-3
1-2
1
From $435,000 View: rem.ax/3gyOI3l DAVID COTTERILL CONTACT: 0433 230 680 david.cotterill@remax.com.au RE/MAX Experience
The Carl Residences exclusive one, two and three bedroom apartments offer the most accessible lifestyle in Brisbane. On your doorstep are local amenities, cafes, restaurants, shopping centres and easy access to the Princess Alexandra and Mater Hospital precinct. - LESS THAN 3KM TO THE CBD - City views on the north side from level 4 - Sleek modern design offered in a demure and contrast colour scheme - Spacious entertaining balconies - Stylish modern kitchen and oversized bedrooms - Air-conditioned and ceiling fans throughout - Top of the range appliances with optional premium upgrades - Rooftop pool and Outdoor gym - Secure underground parking with internal lift and exclusive additional spaces to purchase.
SOLD
A UNIQUE OFFERING – 4,911M2 PRIME DEVELOPMENT SITE Brisbane, Australia
1572-1574 Logan Road, Mt Gravatt East
Located in a sought after, high growth area is this 4,911m2 development site. A rare opportunity for developers to secure arguably the largest parcel of developable land in the precinct and just 10 kilometers from Brisbane CBD. Features of the site include:-
4,911M2 PRIVATE TREATY View: rem.ax/3LCQMWH DAVID COTTERILL CONTACT: 0433 230 680 david.cotterill@remax.com.au RE/MAX Experience
- Total area of 4,911m2 - A large flat block which boasts 3 street frontage with access from Logan Road, Whitley Street and Broadwater Road - Zoning: MDR - Height Allowance: 5 Storey’s *Subject to Council Approval, preliminary town planning advice suggests that the site suits mixed use residential development, apartments, childcare or retail development.
QUEENSLAND
FOR SALE
Brand New Exquisite Homes QLD Australia 11-13 Waldheim Street, Annerley
4
2
2
For Sale By Negotiation View: rem.ax/3HzNhO9
DAVID COTTERILL CONTACT: 0433 230 680 david.cotterill@remax.com.au
RE/MAX Experience
Architecturally designed with aesthetics, superior quality and convenience in mind, this luxury small lot residences is located in a peaceful, prestigious and family friendly location metres from local cafes, bars, gyms and renowned schools. Approximately four kilometres to the north, Brisbane’s CBD is easily accessible by public transport or alternatively by car in around 10 minutes. Elevated to capture the cooling summer breezes, these homes make the most of its small lot convenience, privacy and perfect northern aspect. - Blue-chip architecturally designed luxury family homes, approximately 4 km to CBD - Bespoke kitchen with 40mm stone benchtops, 2 pac cabinets and Bosch Appliances - Four generously sized bedrooms, separate lounge and dining with additional upstairs family room - Grand master bedroom features large walk-in robe and spa inspired ensuite - Ducted air-conditioning throughout - Engineered oak floors to lower level and upstairs living area
QUEENSLAND
FOR SALE
CUTE COTTAGE WITH NOTHING TO DO QLD, Australia 30 Hannam Crescent, Forest Lake
3
2
1
FOR SALE View: rem.ax/34TKYXA TEAM WORKMAN CONTACT: 0421 046 826 roxanneworkman@remax.com.au RE/MAX Ignite
A quiet, neat, and very well presented three bedroom cottage that boast a large and free flowing feel within and is accompanied by the simplicity of a low maintenance home. Located on a safe and friendly culde-sac, this home appeals to families, investors or a first home buyer getting into the market. This lovely home features: - Three bedrooms, master boasting walk-in robe and ensuite - New carpet in bedrooms - Freshly painted exterior - Open plan tiled living area - High ceilings throughout - Large bathroom - Air-conditioning to living area and master bedroom - Single lock up garage with house access via laundry - Full security screened & Fully fenced - Ideal location opposite nature reserve
FOR SALE
LIFESTYLE LIVING WITH ROOM FOR THE LARGEST OF FAMILES QLD, Australia
41 Juba Street, Riverhills
4
3
3
FOR SALE View: rem.ax/3uHo2WC TEAM WORKMAN CONTACT: 0421 046 826 roxanneworkman@remax.com.au RE/MAX Ignite
This beautifully presented home on an 860m2 usable parcel opens up to your very own fackerage (acreage without the maintenance). This home boasts relaxed living with a smart design that can accommodate the largest of families of two levels of legal height living. Four bedrooms, three bathrooms, great separation of entertaining with a total of three areas both inside and outside the home. Outstanding Features Include: - Four built-in bedrooms, all located upstairs, all with air-conditioners - Wool carpets - King size master bedroom, built-ins and ensuite with twin vanities, linen cupboard and laundry chute - 600mm x 600mm stunning vitreous porcelain tiles - Entertainers kitchen designed for large family gatherings and entertaining.
QUEENSLAND
FOR SALE
SPECTACULAR ARCHITECTURAL MASTERPIECE QLD Australia 17 Dawneta Court, Warner
6
5
4
EXPRESSIONS OF INTEREST View: em.ax/34wTEDs
LEN WORTHINGTON CONTACT: 0402297355 lenworthington@remax.com.au
RE/MAX Northern Realty
OVER 70 SQ OF CLASS & OPULENCE ON ELEVATED & PRESTIGIOUS 6002 M2 ACREAGE This striking 70+ SQ architecturally designed (Zenith Designs) masterpiece is arguably our area’s finest property, boasting dramatic rooflines (11 in total), incredible street appeal and opulent living. In an exclusive enclave, this property sits on a magnificent elevated 6000 sq.m. acreage block within easy walking distance to most amenities. Designed and built with family and entertainment in mind, this impressive home comprises 6 bedrooms, a home office, 5 bathrooms, 4 car garaging and endless indoor and outdoor living spaces focused around the spectacular alfresco and pool areas. The home’s elevation and aspect are perfectly aligned for all-year-round breezes and panoramic views over the front of the property, across the neighbouring suburb of Eatons Hill, out to the Brisbane CBD skyline and the DÁguilar Range. The front of the block has been cut level with a large pad (approx. 1500 sq.m.) ready for a tennis court or an enormous workshop shed.
QUEENSLAND
FOR SALE
Easy-Care Townhouse NO BODY CORPORATE!! QLD Australia 9A Delawar Road, Warner
3
2
1
FOR SALE View: rem.ax/34kgG0g
DAVID KOPELKE CONTACT: 0427 385 580 davidkopelke@remax.com.au
RE/MAX Now
Easy-care, modern and with no body corporate, this is a home that will tick all of your property boxes. Built in 2014, this townhouse is like-new with plenty of natural light, an open-plan layout and quality finishes and fixtures throughout. The three bedrooms are all located upstairs, all with built-in robes and one with an ensuite. The family bathroom with a bath and separate toilet services the guest bedrooms. Downstairs, the open-plan living space flows out to a patio where you can host friends in style as the kids play in the large, fenced yard. For those who love to cook, the kitchen will impress with a 900mm freestanding 6-burner gas stove, an abundance of storage and access into the laundry with a powder room. The long list of extra features includes gas hot water, an NBN connection, plenty of storage, a single garage, security screens and both ceiling fans and ducted air-conditioning for complete comfort.
QUEENSLAND
FOR SALE
Rare as Hens Teeth! QLD Australia 50 Ballyalla Crescent, Warner
3
2
2
FOR SALE View: rem.ax/3rvCNd7
DAVID KOPELKE CONTACT: 0427 385 580 davidkopelke@remax.com.au
RE/MAX Now
This architecturally-designed home showcases stunning lake views and promises the life of luxury you deserve. From the flawless finishes and musthave details to the prized cul-de-sac location close to parks, schools and shops, there is something for everyone with this impressive property. There are multiple living areas on offer plus three bedrooms and two bathrooms including the upperlevel master with a parent’s retreat (home office), walk-in robe, luxe ensuite and private terrace. Bedrooms two and three boast built-in robes and are separated by the main bathroom. A family room (or potential 4th bedroom) is just off the entry while at the rear is an open kitchen, dining and lounge with direct access to the entertainer’s alfresco. Stone benchtops, an island, a walk-in pantry and quality appliances are ready for the eager cook to show off their skills in the stylish kitchen. Extra features include security screens, airconditioning and ceiling fans, a rainwater tank and a remote drive-through garage with internal access.
QUEENSLAND
FOR SALE
Magnificent Acreage Living in Every Sense! QLD, Australia 15 Karnu Drive, NINDERRY
4
2
6
Offers above $1,850,000 considered View: rem.ax/3oCFvvt
Team Krausz Richard Krausz CONTACT: 0422 997 810 richard@remax.com.au Megan Manly CONTACT: 0421 040 807 megan.manly@remax.com.au RE/MAX Property Sales
This gracious family home on a pristine, fully useable 5000m2, has been master-built to the very highest standards and is dressed to impress inside and out - spacious, well-designed with versatile options including dual occupancy, and perfectly positioned to maximise the spectacular sweeping coastal views to the north-east across lush, verdant countryside... this is an exceptional property in every sense. Across three levels, it comprises grand formal entry, four bedrooms, three bathrooms, elegant modern kitchen plus kitchenette, multiple living zones, expansive balcony and terrace showcasing the glorious vista, separate laundry, double lock up garage, and double carport. From the stunning interior brick feature walls, cathedral ceilings, and timber flooring; the home’s presentation, character, and warmth truly shine. A wood-burning fireplace in dining, split system air-conditioning, ceiling fans, luxury standalone bath in main bathroom, abundant use of glass to invite in light and frame vista, and resort-style inground pool, are just some of the other notable features.
QUEENSLAND
FOR SALE
WHEN MODERN COMFORT MEETS GRAND HERITAGE LIFESTYLE QLD, Australia 59 Ayrshire Road, YANDINA
5
3
6
CONTACT AGENT View: rem.ax/3uAtElh
The Toby Morrin Team Toby Morrin CONTACT: 0401 623 801 toby.morrin@remax.com.au Scott Walters CONTACT: 0447 474 982 scott.walters@remax.com.au Morrax Pty Ltd in conjunction with RE/MAX Property Sales
This expansive 14.25 acre horse property and Circa 1910 Queenslander is a must see! Combining a high end renovation not typically found in a Queenslander, makes this stunning piece of realestate a true one of a kind. This incredible home and adjacent granny-flat offers the lucky owners the opportunity of a lifetime. From the picturesque ‘wedding ready’ entryway of this property, you will be met by an awe of spaciousness, tranquillity and a genuine touch of class. Beyond this stunning home, the rest of this gently sloping block is ready and waiting to accommodate an extravagant equine lifestyle. Six newly constructed horse paddocks complete with damfed sprinkler system, sit alongside a generous sand arena built with fine care and attention. This incredible acreage also has a 2-bay carport with adjacent shipping container for storage, a generous 5 bay shed (with 3 phase), and 3 large dams + Bore. With no neighbours within earshot and only minutes to the centre of Yandina and the Bruce Highway, an acreage offering that ticks this many boxes comes along once in a lifetime.
QUEENSLAND
FOR SALE
A CITY FRINGE GEM QLD, Australia 4/26 James Street, Cairns North
1 $549,750 View: rem.ax/33iBtkx
UDO JATTKE CONTACT: 0417 740 550 udojattke@remax.com.au RE/MAX Real Estate Services
Udo Jattke is proud to present to the market this unique single level retail investment in sought after, inner-city Cairns. The quality of this recently renovated gem is a credit to the owners, as well as the builders, with no expense being spared to do the complete rebuild and fit out. This outstanding property has so many uses and can be moulded and adapted quite easily to suit your business needs. The opportunity exists to occupy, redevelop, repurpose, or lease quickly for investors. Property Use Examples: • Coffee shop (with approval) • Flower shop • Nursery • Hairdresser/barber shop • Professional (and impressive!) office space • Any small business All interested parties are welcome to discuss the wide range of options with the agent on site.
38.27ha of Private Pristine Land
Picture your own piece of paradise on nearly 100 acres of private land.
QLD, Australia
A pristine creek (not seasonal)... like a never ending self cleaning pool that is landscaped by nature! Shallow enough for the little ones, but deep enough for a refreshing dip. Frequented by a local turtle and hand fed jungle perch, and the occasional platypus.
426 Biggs Road, Bartle Frere
4
2
2
38.27ha
AUCTION View: rem.ax/3GrxUFW
The beautiful Russell River is less than 100 metres from the front gate. No neighbours... Absolute privacy PLUS!!
UDO JATTKE CONTACT: 0417 740 550 udojattke@remax.com.au RE/MAX Real Estate Services
The home boasts stunning views of the creek from almost every room in the house and allows the natural light to flood through with the floor to ceiling windows.
AUCTION
Magnificent Views across Exclusive Lake Intrepid. QLD, Australia 37 Intrepid Drive, Mermaid Waters
4
3+
4
AUCTION View: rem.ax/3gKluPm BEN WILLIAMS & SELINA FENG CONTACT: 0435780117 benwilliams@remax.com.au ABEA Williams PTY LTD in conjunction with RE/MAX Regency
The moment you step through the 1600mm wide New Guinea Rosewood pivot door into the truly majestic entranceway, this magnificent home will surely impress those that admire quality at its finest. Situated in one of the Central Gold Coast’s most prestigious waterfront streets with unparalleled views across Lake Intrepid, this beautiful architectural designed property will amaze and astonish everyone who visits. It can be seen that Queensland’s leading Interior Designer, Maison Jardin designed the perfect ground floor layout as the area is flooded with an abundance of natural light and captures an elegant style that matches the elite Gold Coast lifestyle perfectly. This coupled with the solid concrete construction and suspended masonry upper level provides optimal heat transfer keeping the home at a comfortable temperature throughout the year.
QUEENSLAND
FOR SALE
QUEENSLAND
FOR SALE
Only 900m to Burleigh beach with stunning views! QLD, Australia 2 Penguin Parade, Burleigh Waters
3
2
5
CONTACT AGENT View: rem.ax/3rLhFiW
BEN WILLIAMS CONTACT: 043 578 0117 benwilliams@remax.com.au ANDREA WILLIAMS CONTACT: 0435 780 305 andreawilliams@remax.com.au ABEA Williams PTY LTD In conjunction with RE/MAX Regency
Situated only 900m to world famous iconic Burleigh Beach and an easy stroll to cafes, boutique shopping, entertainment, sporting plus community services, this beautiful home is ready for its new owners to move straight into! Light, bright and spacious throughout, this three bedroom, two bathroom home has stunning views over Burleigh lake. A generous covered patio leads seamlessly to a stunning inground pool and grassed playing area completes this resort-like family home for relaxed coastal living. This loved family home features: - Magna plunge pool with solar heating - 5 kw solar system + solar hot water - Mitsubishi 8kw air conditioner - Undercover parking for caravan (7.2 x 7 metres) - Double garage under main roof (could be 4th bedroom and 3rd bathroom) - Extensive alfresco/outdoor living - Insulated throughout - Security motion detection cameras and system
QUEENSLAND
SOLD
Mount Lofty Masterpiece Makes One Million QLD, Australia 3 Grasmere Court, Mount Lofty
3
2
6
Sold for $1,000,000 View: rem.ax/3GMZ5LJ
JACQUI WALKER THE JACQUI WALKER SELL TEAM CONTACT: 0419 648 026 jwalker@remaxsuccess.com.au RE/MAX Success
CAPTURING MAJESTIC escarpment views, Jacqui Walker presents this magnificent masterpiece. Where every detail has been thoughtfully incorporated for the sensational living experience you’ve worked hard for. DISCERNING Real Estate Connoisseurs are invited to make this sensational example of majestic east-side living their own. FEATURING 6 CONSTRUCTION FEATURES you won’t find in every home, DISCOVER million-dollar escarpment views at this sensational property set on 1,250 sq mtrs ... and discover sensational 2-LEVEL LIVING! NEARBY: - Neighboured by high-caliber premiere eastside homes - 900m to Boyce Gardens and Rainforest - 2km to Toowoomba State High School - 3km to Botanic Gardens and Queens Park - 3km to Clive Berghofer Stadium - 3.1km to Toowoomba East Primary School - 3.2km to Northpoint Shopping Centre - 3.5km to St Vincent’s Private Hospital - 4.4km to Sports Club / CBD - 5.1km to Grand Central Shopping Centre
QUEENSLAND
SOLD
Inner-City Shop & Apartment Sold Under The Hammer! Made $1 Million. QLD, Australia 403-405 Ruthven Street, Toowoomba CBD
3
2
2
238m2
ground floor shop
Sold Under The Hammer For $1 Million View: rem.ax/363ipYm
JACQUI WALKER THE JACQUI WALKER SELL TEAM CONTACT: 0419 648 026 jwalker@remaxsuccess.com.au RE/MAX Success
THIS FREEHOLD BUILDING with Shop and Immaculate 3 Bedroom Apartment captures incredible exposure to the main street of thriving Toowoomba and was a popular hit at the On-Site Auction for Commercial Investors.
The bidding war saw a great result for the Owner, with Bidders lining up to get their hands on the 238 sq mtr ground-floor main street Shop. Immaculate upstairs ‘shoptop’ Apartment accessed via separate entry, the 2 Council-licensed Carparks and special rear access from Mark Lane. Offering 75 metre proximity to the unmissable ‘centre-of-town’ intersection and great signage opportunities, Jacqui Walker can’t wait to see the New Owner’s success story HERE.
“We’re Moving To Perth... Sell Our Sprawling Lifestyle Home Now!” QLD, Australia 18 Merlin Court, Preston
6
2
5
SOLD FOR $880,000 View: rem.ax/3Lzbdnm JACQUI WALKER THE JACQUI WALKER SELL TEAM CONTACT: 0419 648 026 jwalker@remaxsuccess.com.au
SET on three-quarters of an acre, Jacqui Walker was delighted to achieve the highest possible market price for the Owner of this MAJESTIC HOME with room to be together and room to be apart across 5 EXTRA-LARGE LIVING ZONES! Jacqui Walker and the new Owners fell in love with the wide verandahs capturing scenic bushland views from the north-east of the home ... Views across scenic bushland everywhere you look ... Gorgeous Iron-Bark timber floors ... Timber and brick embellishments throughout ... And, harmonious street appeal toward the end of a cul-de-sac. Now, Jacqui Walker is ready to achieve a similar top result for YOUR HOME NEXT!
RE/MAX Success
SOLD
This Heartmelter Sold For $575,000 QLD, Australia 425 Alderley Street, Harristown
4
2
2
SOLD FOR $575,000 View: rem.ax/3HSmNYe JACQUI WALKER THE JACQUI WALKER SELL TEAM CONTACT: 0419 648 026 jwalker@remaxsuccess.com.au RE/MAX Success
THE NEW OWNER of this spectacular Cottage will never forget why they first FELL IN LOVE with it. EVERY DAY, their arrival home is adorned by a magnificent WATERFALL ... Cottage-themed gardens with beautiful roses and abounding flowers ... Gorgeous tree-life ... All set behind lovely front privacy fencing ... And a gorgeous welcoming porch and formal entry. DEEPER INSIDE, they loved the 4 bedrooms ... Ensuite ... Bonus Studio ... Dream Deck ... and value-adding, huge 961 sq mtr allotment. RE-PAINTED inside and out, this renovation was a TOTAL CREDIT TO THE CURRENT OWNER. Jacqui Walker looks forward to achieving a similar top result for YOUR HOME NEXT!
QUEENSLAND
SOLD
VICTORIA
SOLD
Fantastic Abode Ready to Move Into and Enjoy VIC Australia 18 Marwood Avenue, Truganina
4
2
2
Sold by Private Treaty View: rem.ax/34tPVqo
JASON CHEN CONTACT: 0432 676 925 jason.chen@remax.com.au LEON LEE CONTACT: 0450 681 019 leon.lee@remax.com.au RE/MAX ACPA
RE/MAX ACPA presents to you 18 Marwood Avenue; a modern dream house nestled in the cosmopolitan suburb of Truganina. This awe-inspiring abode features four bedrooms, and a light-filled open plan kitchen/meals/living area. This idyllic, and chic abode is impeccably decorated brimming with architectural beauty with 900mm Westinghouse kitchen appliances and an oversized island benchtop throughout the chef-grade kitchen. Forget the noise of your day at the decked alfresco; you’ll enjoy a perfect setting for relaxing and entertaining. The house is also equipped with a ducted heating, and refrigerated cooling system for your year-round comfort. The bathrooms in this abode are simply sumptuous, and voguish not only will you get to enjoy having a nice hot shower at the end of the day, you will simply be filled with joy.
VICTORIA
FOR SALE
BEAUTY BY THE BAY! VIC, Australia 22 Tambo Boulevard, Metung
6
2+
6
EXPRESSIONS OF INTEREST View: rem.ax/3LwirbD
DANIEL SCHOEMANN CONTACT: 0432 509 594 dschoeman@remax.com.au RE/MAX Genesis
This high-end home is situated in sought after Tambo Bay Estate. Surrounded by quality homes and set in a tranquil area of Metung, this property offers an enviable lifestyle. 300m to the beach with an array of cycling and walking trails at your fingertips. Full of personality and perfectly positioned on a very desirable allotment of approximately 1,928m2, showcasing an array of features. The additional bonuses make this home a must-see: - 20 x 8 meter Shed – Converted into an amazing outdoor entertainment area featuring a built-in barbecue, oven, and dishwasher. There is a large game room, two spacious guest rooms, and a modern bathroom with a glass shower and vanity. A Conara completes this area to unwind in front of the fireplace and, keeping the space cosy during winter. - 16 x 9 meter 3 Door Shed – Enough space to accommodate your caravan, boat or car with workshop space and separate toilet. - Established thriving garden with fruit trees - Drive-through access to the backyard.
VICTORIA
FOR SALE
“Victorian Rose” VIC, Australia 124 Albatross Road, Kalimna
4
1+
2
EXPRESSIONS OF INTEREST View: rem.ax/365tsQN
DANIEL SCHOEMANN CONTACT: 0432 509 594 dschoeman@remax.com.au RE/MAX Genesis
Located on a 7780m2 block, this property is so peaceful and tranquil, featuring extensive landscaped gardens, with exquisite roses welcoming you. Stepping through the front door, you will love the traditional heritage colours, 9-foot ceilings throughout and heritage features. The interior is highlighted by high ornate ceilings, roses, cornices, picture rails, chandeliers and brass features throughout. Light-filled rooms all adding to the exceptional liveability and ambience of this home, leaving a lasting impression. A generous dose of timber warms the interior, with the rich timber flooring contributing to the character and charm. This home is an entertainer’s delight. Enjoy sitting by the 15m, solar heated lap pool, or relaxation time in the outdoor spa. This home also features a billiard room and a outdoor powder room, a large undercover gym area, pool rumpus room/potting house outdoor room, barbecue alfresco area and ten sqm double garage.
WESTERN AUSTRALIA
FOR SALE
SPECTACULAR OCEAN VIEWS FROM BOTH LEVELS OF THE HOME WA, Australia 2 Spur Court, Ocean Reef
4
3
2
OFFERS View: rem.ax/3uNJ0TC
BRETT WHITE TEAM CONTACT: 0400 952 788 brettwhiteteam@remaxextreme.com.au RE/MAX Extreme
Stylish, relaxed and full of warmth, this much-loved two-storey coastal abode is ideal for families, and those requiring dual-family living, or a separate area for house guests. Set in an elevated position and boasting magical sea views from almost every room in the house, a spacious floor plan with multiple living zones, and seamless indoor/outdoor living; this is the perfect place to live the coastal lifestyle you’ve always dreamed about. At a glance: King size master suite, three spacious minor bedrooms, a large study currently utilised as a fifth bedroom, 3 bathrooms, renovated chef’s kitchen, massive 792sqm block approx., covered outdoor entertaining, stunning swimming pool, large grassed areas to the front and rear, 2 car lock up garage and cul-de-sac location. Located in a fantastic coastal locale, close to schools, shops, public transport, easy access to the freeway, coastal pathways, and the upcoming worldclass Ocean Reef Marina.
WESTERN AUSTRALIA
FOR SALE
PERFECT HOME WITH OCEAN VIEWS! WA, Australia 76 Jindalee Boulevard, Jindalee
4
2
2
From $649,000 View: rem.ax/3oKmQOb
DAVE MARTIN CONTACT: 0413 325 585 dave@remaxextreme.com.au RE/MAX Extreme
This is the best home in it’s category and one that will offer you the most luxurious beachside lifestyle. Set high in an elevated position, the property has amazing views down the street to the Indian Ocean, walk to the Jindalee Beach Shack - its all on your door step. Enter the home and you are met with instant class! - Mum will love the kitchen that comes with top of the line Blanco oven, stove and rangehood, draw and overhead storage, Smeg dishwasher and larger walk in pantry. This overlooks the family and entertaining areas, with all its upmarket appliances, high ceilings and feature lighting - it’s perfect! - Just wait until you see the media/theatre room... with double french doors, recessed ceilings and downlights makes this the perfect place to sit back and relax. Perfect for the down sizer who wants an awesome house with the best lifestyle, investor who wants a future money maker as it’s so close to the beach or the family that is looking for a brilliant place to call home.
WESTERN AUSTRALIA
FOR SALE
Absolute Prime Location with Simply Stunning Home! WA, Australia 43 Televise Crescent Dianella
4
2
2
$1,000,000 View: rem.ax/34TzByU
CHENG LIU CONTACT: 0433970411 ka-cheng@remaxgbt.com.au
RE/MAX GBT Realty
This is executive living at its best with all the extras you would expect in a home of this calibre as it is simply first class! Situated in a location that would be the envy of all your family and friends in the highly desirable Sevenhills enclave of this extremely popular suburb. This home is a two storey delight and from the moment you enter the front doors via the feature portico from its elevated position your breath is taken away with the quality of the fixtures and fittings and impeccable presentation. A neutral colour palette and contrasting porcelain floor tiles create an airy flow throughout this expansive home with down lights adding to the ambience. Close to nearby schools; Dianella Primary College and Intensive English Centre, Dianella Secondary College Education Support Centre, Dianella Secondary College, Our Lady of Lourdes School, Dianella Heights Primary School.
ASK AN AGENT
W
hether you are buying, selling or renting property, never be afraid to ask the agent what an unfamiliar real estate term means. Real estate terminology can seem daunting. Here are some common terms explained.
PART ONE: A TO M APPRAISAL Conducted by the real estate agent to prepare a guide to pricing a property for sale or for rent. This summation of the saleability of a property is sometimes referred to as an ‘agent valuation’.
COOLING-OFF PERIOD The length of time given to a prospective buyer to consider their impending property purchase. It does not apply to buying at auction.
AMENITIES Aspects of the property that provide advantages and lifestyle satisfaction, which cannot necessarily be measured by financial gain (e.g. convenient shopping and transport facilities).
DATE OF SETTLEMENT The day on which, under the terms of the contract, the vendor is required to transfer his or her estate, or interest in property, to the purchaser.
BODY CORPORATE The group responsible for managing the common property (shared driveways, carparks, lifts, corridors, gardens, recreational areas like pools, etc) of strata-titled properties (apartments, units, townhouses, etc).
EOI Expressions of interest buyers place their interest and offers by a certain date.
BRIDGING FINANCE The need sometimes arises for a buyer to settle a real estate transaction prior to the date that their finance becomes available. Under these circumstances, they may obtain a temporary loan to cover the time gap to comply with the terms of the contract. BUYER’S MARKET The pressures of supply and demand can be such that market prices are at a relatively low level due to an oversupply, giving the buyer an advantage. CAVEAT This can be lodged on the Land Titles Register by anyone with a legal interest in the property, preventing the sale of the property without their knowledge. CONVEYANCER A licensed professional who ensures all legal requirements are met when buying a property and helps with the settlement and title transfer process.
Real estate terminology can seem daunting. 40
VIEW PROPERTY MAGAZINE
ENVIRONMENTAL IMPACT STUDY An investigation designed to assess the comprehensive and long-range environmental effects of a proposed land use. FAÇADE The principal exterior face of a house or other building. GRADUATED LEASE A lease that provides for a certain rent for an initial period, followed by an increase or decrease in rent over a stated period. HOME EQUITY The portion of your property you own that does not belong to the bank. As you pay off your mortgage, your equity increases. IMPLIED EASEMENT An encroachment or intrusion that is apparent by long and continued use and left unchallenged for a long period of time. JOINT TENANTS Joint tenancy is ownership in equal undivided shares. Joint tenants are regarded collectively as a single entity. On the death of one joint tenant, that person’s share passes to the survivors so that they remain joint tenants of the whole. KNOCK DOWN A property in a poor condition, which cannot be restored. Demolish and rebuild is the likely action. LONG-TERM LEASE Generally accepted as a lease agreement extending for 10 years or more and often allowing for the tenant to make improvements to the property. LVI A loan-to-value ratio is the size of your home loan, expressed as a percentage of the value of the property it was used to buy. MARKET PRICE The price actually paid, or to be paid, for a property.
Look for N-Z in the 2022 spring edition.
If you are a landlord, you probably quake at the thought of a call from your property manager about maintenance matters.
MANAGING MAINTENANCE COSTS
Y
ou might appreciate the following suggestions, which have come from property managers who are dealing with common issues raised by tenants. They also give insight into the day-to-day, often not-so-glamourous, things the property manager must deal with.
THE DISHWASHER Tenant says the dishwasher, or indeed any other appliance, isn’t working properly. What to do? Ask your property manager to call in the tradesperson and get quotes to fix the appliance. If it can’t be fixed, purchase a new one. It will be under warranty; you can claim it on tax, and it will depreciate.
TOILET CONSTANTLY RUNNING This complaint most commonly occurs when the tank has parts that are plastic, or a similar low-cost product, and the noise of water flowing is irritating the tenant. Your property manager can assess whether a handyman or plumber is needed to sort the replacement parts.
OH NO! THE TOILET IS CLOGGED This is a tricky one. In some instances, the tenant themselves may have been the cause – but not always. Either way, the property manager will be on to it right away and pass on any costs to the tenant if appropriate.
THE SLOW DRIP If this is let go, costs can quickly escalate. If your property manager reports dripping taps in kitchens, bathroom, laundries or outside, act to get them fixed as soon as possible. Think of the water wastage too. Water drips are often the result of something as simple as a worn rubber washer, which a handyman can fix.
WATER UNDER THE SINK Water is meant to be in the sink, not beneath it. This is a job for the plumber so leave it in the hands of your property manager.
WATER SEEN IN CEILINGS AND WALLS This is a problem you really don’t want to hear about because water leaks can damage timbers and other building materials if not immediately addressed. Leaks can also lead to the growth of moulds, which is another serious problem. Be guided by your property manager and don’t look for the cheapest way out.
HOT WATER A properly installed hot water system should last at least 10 years. If the one in your investment property stops working and it is past its use-by date, get a new one. Your property manager will call in the expert to give you the best advice. Choose well and you will have fewer recurring issues with the hot water system.
Understanding common issues like these, which may be raised by tenants and dealt with by property managers, will go a long way towards nurturing a happy landlord-tenant relationship. Because property managers are dealing with tradespeople and handymen all the time, they will have worked out the best people to call in, generally giving you the best job at a competitive price. If you want to seek quotes yourself – usually around three – don’t be afraid to ask the property manager for their opinion on the best one in terms of quality and affordability. The property investor who acknowledges the fundamental role of their property managers and optimises their support is in the best position to minimise maintenance costs. It would be a dreadful shame to let concerns about maintenance costs make you afraid to take your investment property portfolio to the next level.
VIEW PROPERTY MAGAZINE
41
JAPAN PLENTY TO LOVE HERE
HOKKAIDO
KYOTO
apan is recognised for its beautiful culture, friendly people and spectacular landscapes. It is one of the world’s most technologically advanced countries, with a stable and prosperous economy, low crime rates, and a hard-working population.
Hokkaido, most northern of Japan’s four main islands, is best known for magnificent natural beauty. Its many ski resorts are famous for their fine powder snow. Many Australians have visited, and many have moved here. Niseko is the most popular ski resort.
Kyoto, a short bullet train ride from Tokyo, served as the country’s capital and the emperor’s residence from 794 to 1868.
Composed entirely of islands located in the Pacific Ocean, the main island being Honshu, it has 47 prefectures (or districts) occupying 377,974.17 square kilometres. As the world’s third largest economy, it creates a great environment for overseas investors.
Five of the best
J
COVID UPDATE: Japan maintains the tightest border controls of any developed country. It may not open up to widespread tourism until at least the second quarter of 2022 or potentially even later.
SAPPORO CITY, Hokkaido’s capital, is an amazing city with beautiful streetscape, spacious parks, unique museums, local fish market and regional food. The famous Sapporo Snow Festival occurs for one week every February. OTARU CITY is a small harbour city along Ishikari Bay, an hour by train from Sapporo City. It is best known for its preserved canal area and 19th century warehouses, and the Otaru Snow Light Path in February. HOKKAIDO is home to hundreds of Onsens or natural thermal springs, with Noboribestu Onsen touted one of the best and part of Shikotsu-Toya National Park. BLUE POND, located in the outskirt of Biei town, is spectacular. It became very famous when it appeared as the iPhone wallpaper. FOOD! HOKKAIDO is the largest gourmet city in Japan. Jingisukan is one of the best-known dishes, which is grilled lamb with vegetables on a special iron plate. The extremely sweet Yubari Melon is Hokkaido’s famous fruit.
42
VIEW PROPERTY MAGAZINE
Due to its exceptional historic value, the city was spared from World War II destruction and countless temples, shrines and other historically priceless structures survived. One of Japan’s ten largest cities, it has a population of 1.5 million+ and a modern face. Many attractive rural areas in the Kyoto Prefecture lie beyond the city itself.
Five of the best VISIT TEMPLES and shrines such as Kiyomizudera Temple and Kinkakuji. The Shimogamo Shrine dates to the 6th century and seems suspended in time. See the life-sized thousand armed Kannon statues of Sanjūsangen-dō. ENJOY WHITE-SAND beaches and mineral-rich hot springs on the Tango Peninsula. STAY IN a traditional ryokan. DINE OVERLOOKING the Kamo River. VISIT AMANOHASHIDATE for scenery, Miyama for thatched roof farmhouses and Uji, famous for its green tea.
REAL ESTATE MATTERS
T
he Japanese residential market is one of Asia Pacific’s most developed and largest, and the country’s regulations and laws make is attractive for investors. It is a market with relative ease of transactions. Japan has some of the most relaxed foreign ownership regulations in the region. The lower entry price for Japanese property compared with Sydney and Melbourne has been an attractive proposition for young Australians. Young locals gravitate to the bigger cities, offering opportunities to foreigners looking for well-priced homes in the Japanese countryside. Some decide to live in the houses full-time or just spend their holidays in rural areas such as Niseko, for example. You’ll also find investors who target apartments in Tokyo and houses in Niseko for rental return.
TOKYO As Japan’s capital and the world’s most populous metropolis, Tokyo offers tradition, innovation, and unlimited opportunities to eat, shop and explore. High rise, fast-paced and neon-lit, Tokyo is as futuristic as it is historical. Shinjuku is the thriving business district with skyscrapers and back street tiny bars. Asakusa is the heart of Tokyo’s downtown, with ancient temples and traditional stores. The Tokyo Metropolitan Area, with 13,982,622 (April 2020), accounts for approximately 10 per cent of Japan’s total population.
Five of the best
Want to know more?
Guide to buying process* (cash)
DON’T MISS TOYOSU MARKET, the world’s largest wholesale fish and seafood market.
RE/MAX opened in Japan in 2013. From bases in Kansai/Osaka, Hokkaido and Kanagawa/Shizuoka, RE/MAX agents help locals and foreigners to buy, sell, or rent all kinds of residential and commercial properties in Tokyo and other Japanese cities and regions.
1. Send an intent letter to the seller’s agent.
EXPLORE A DIZZYING array of restaurant and dining options, from theme cafes to haute cuisine. CHECK OUT THE LATEST electronics, games and gadgets at Akihabara, the home of technology and anime culture. SHOP - from the trendy shopping districts of Harajuku and Shibuya to the luxury of Ginza. VISIT TOKYO’ S most famous temple, Sensoji, before ferrying down the Sumida River.
Search property through https://look.remax-japan.jp/.
2. Arrange date/time for signing of the sales and purchase contract once the offer is accepted. 3. Go over a draft of the Sales and Purchase contract online. 4. Wire deposit to Japan. 5. Sign the sales and purchase contract and other documents with deposit (max. 10% of the sale price). 6. Calculate the final payment and wire funds to Japan. *The process takes about one or one and a half months if the property is vacant. Please check all information with the relevant authority.
VIEW PROPERTY MAGAZINE
43
ONLINE CONFIDENCE With Lyn Cox
HOW CONFIDENT WOULD YOU BE IN MAKING AN OFFER ON YOUR NEXT PROPERTY ONLINE? It is a question I’ve asked myself a lot lately as one home after another in my neighbourhood has been purchased by people who have never set foot on the block. Making an offer on a home without seeing it in person can help you move quickly in a competitive market. Helping the buyer is technology that can give you enough information to make an informed decision remotely. The out-of-town and out-of-state buyers who can’t quickly get to inspect a property in person have better options than they did before. In many instances, it has been the buyers who could do a virtual walk through or look at video and pictures of a property and decide it meets their needs, who have had the edge and secured the home.
SO, WOULD I TRUST MAKING AN OFFER ONLINE? First, I’d have to know exactly where I stood with my finances. Then, I’d use online resources and take a good look around the neighbourhood, gathering information about everything from demographics to the local council’s policy on dogs. I’d research the market for recent sales and current listings. ‘Mouse hunting’, I’ve heard it called. I know that with today’s technology, I can just about click my way through almost every step of a property purchase but, for me, the agent on-theground would remain my best friend when it came to the hard questions. Not only would they be my eyes, but I’d want them to hold my hand if I was making an offer on line. In August last year, Australian-listed property technology company, Openn Negotiation Limited (Openn) signed a partnership agreement with RE/MAX Australia.
Openn is a simple, seamless and technologically advanced system designed to bring an unprecedented level of transparency to the process of buying and selling real estate online. Through the platform, buyers can participate from anywhere in the world, in complete privacy. All you need is a device with an internet connection. Buyers can bid multiple times – and simply stop bidding if they decide the price is too high and they see what is happening throughout the entire process. Because all buyers go through a stringent qualification process, each participating buyer knows their competition is legitimate. Seeing how many other buyers there are and where your price ranks gives you confidence in the value of the property in real time. From the perspective of the seller, who get to approve all qualified buyers, Openn keeps you informed about your property, getting real-time notifications every time buyers bid, increase their price, or withdraw. With that information, sellers can be more confident in their property reaching the maximum market value. Buyers can participate and compete for your home from anywhere in the world. And through Openn, the sale process can be run like a private treaty or auction over a short, defined time. The choice is yours.
In November last year, Openn entered into agreements with two of the largest real estate names in the United States, RE/MAX and Century 21, to participate in its US Pilot Program. 44
VIEW PROPERTY MAGAZINE
IT ALL STARTS WITH A PLAN I
f you are reading this article with buying your first property still ahead of you, that is good timing. You are in a good position to get your purchase plan in order. If you are already on the property path and own one or more homes but have got to this point with no clear plan on when and what to buy next, this is a great time to put in place the structure you lack. And don’t be too hard on yourself. Many property investors buy what they can when they can, most of the time, so you are not alone.
With the task at hand of establishing a workable buying plan, there are a some matters you can take into account, which include:
YOUR FINANCES QUICK TIPS
RISK MANAGEMENT QUICK TIPS
Talk with a finance broker
Be honest with yourself
Find out if you qualify for a loan Check your credit rating
Measure how much property knowledge and experience you have
Consider reducing your debt or credit card limit
Assess your attitude to risk
Get a pre-approval Make sure you have a buffer
YOUR GOALS QUICK TIPS Get clear about what you want to achieve Set a date as to when you want to achieve this goal Identify milestones you need to cross to get to your goals
YOUR RESEARCH QUICK TIPS Spend time on it at least every weekend Track sales online Set your criteria and refine if necessary Check out 50+ properties online Inspect 10+ properties firsthand
Determine how long you intend to work for
YOUR FRIENDS Property purchases are the largest transactions you’ll make in your life. Call in the experts who will help you and make a significant difference to your experience and the outcome. Among these will usually be the Real estate agent (includes buyer’s agent) Mortgage broker Conveyancer or solicitor Building & pest inspector Removalist If buying to rent, you might like to add property manager, insurance broker and accountant.
Take notes to review at property inspections Track the overall market activity
VIEW PROPERTY MAGAZINE
45
ON LOCATION BAFFLE CREEK, QUEENSLAND U
p the eastern coast of Queensland, nestled between the larger regional towns of Bundaberg and Gladstone, is the district of Baffle Creek, home to one of Queensland’s largest estuaries, near-to-undisturbed and fed by numerous saltwater creeks. With an abundance of waterways, wetlands, coastline and coral reefs, surrounded by national and conservation parks and state forests, this little town is a water lover’s paradise. Its population is less than 200. Those lucky enough to call Baffle Creek home enjoy a quiet, relaxed rural-meets-coastal lifestyle. However, while small in population, it is by no means sleepy, proving a popular destination for anglers, campers and those seeking adventure.
“Baffle Creek is a beautiful area, and a great place for those looking for a true lifestyle change to escape the hustle and bustle. Most of our blocks are a minimum 40 acres so there’s plenty of peace and privacy to call your own.” Sue Robertson, RE/MAX Coastal Lifestyle.
MARKET SNAPSHOT Population Renters Owner occupiers Median house
159 19% 81% $414K
EXPERIENCE With a 120km stretch of river, three tidal waterways and over 30km of beautiful unspoilt beaches, Baffle Creek is a water lover’s playground.
Fishing From serious anglers to social casters, Baffle Creek has excellent shore and offshore fishing, and is one of the best coastal fishing spots in Southern Queensland.
Water play Kayaking, sailing, swimming, surfing, windsurfing… you name it; you can enjoy it on the many waterways and beaches in the area. Or simply laze on the sand and enjoy the beautiful year-round sub-tropical climate.
Four-wheel-driving Get behind the wheel and see a different side to the region. Deepwater National Park will take you north through to Agnes Waters and neighbouring Rules Beach is accessible to 4WD.
Wildlife As well as the abundant sea life, there’s plenty to wildlife to see. Surrounded by mostly untouched land, the bird life is abundant.
46
VIEW PROPERTY MAGAZINE
COLOUR T ME outed as the most-visited real estate website in the United States, Zillow made news last year when the company announced plans to exit the home-flipping business because of an inability to accurately predict housing prices. Nevertheless, a survey Zillow conducted last year came up with some interesting insights in relation to colour and its effects on buyers.
Can the wrong shade of paint cost sellers some big dollars?
It is generally accepted that home buyers prefer to see neutral tones used on walls when they are at open homes or viewing property online and that ‘in your face’ colours can turn them off, but the survey showed that neutral tones were even more likely to please the potential buyers depending on the room itself. Shared spaces such as kitchens, living rooms and bathrooms proved to definitely be the place for neutral colours. However, it appears that buyers were prepared to be a bit more adventurous with their colour preferences in bedrooms, though sellers would be best to steer away from colouring these rooms with bright yellows, greens or pinks. The study analysed 15 paint colours in various room types to find which colours might boost a home’s potential sale price. It found that in some cases, spending less than $100 on the right shade of paint might put an additional few hundred or even thousands of dollars in the pocket of the seller. Survey respondents who saw a bathroom with light blue walls said they’d be willing to pay nearly two per cent more. In fact, light blue was one of the most popular paint choices of the survey.
Bathrooms featuring other neutral and ‘delicate’ colours, including off-white, light yellow and multiple shades of grey, also drew positive responses from survey respondents. These colours were generally popular in living rooms as well, although grey emerged as the winner here. White was clearly the best-performing colour in the kitchen from a buyer perspective followed by other safe neutral tones. Interestingly, survey respondents also favoured some darker hues that weren’t as popular in other rooms, including dark reds and greens. When it came to the bedroom, one dark colour in particular was the most likely to invoke a feeling of home in the minds of buyers: dark blue. Also welcomed in bedrooms were light and bright blues, dark grey and simple white. In summary, the survey findings suggested that buyers were uneasy about over-ambitious, bright-coloured paint jobs in living room and bathroom spaces; but, as long as the person behind the colour choice didn’t get too adventurous, other colours were more acceptable in kitchens and bedrooms. In addition, Zillow had carried out a different survey on use of wall colours, seeking input from real estate agents. The conclusions were largely the same. Almost all agents in that survey said they’d recommend repainting any room that featured bright pinks, greens or purples before taking the property to market.
VIEW PROPERTY MAGAZINE
47
MY, HOW THINGS Did we pay HAVE too much? In 20 years’ CHANGED time, we’ll probably talk about how little we paid. - Marna
Y
oung Brisbane couple Marna and Josh began searching for their first home mid-2020. ACT-based John Buckley has been in real estate since 1994. How do their experiences compare? We asked John to reflect on the ‘old days’ and Marna whether she could relate. John had been in the building industry but wanted to get into real estate sales. He approached three agencies and got three job offers. He thought he must have been a stand-out but soon realised that everyone got a job if they asked because it was commission only and there was such a high turnover. He said, “They asked how long you could survive without income, then threw you in the deep end.” Back then, every real estate office had enormous window displays with hundreds of listings. In 1995, the average price of a Canberra home was $110,000. Now it’s $949,700.
48
VIEW PROPERTY MAGAZINE
MARNA: Houses were already hard to find by the time we began looking and prices had already gone up. In the end, we accepted that we would have to pay a lot more than we’d thought - and settle for less. We ended up paying $100k more than probably the property’s true value, but everything was inflated due to COVID. The market fell for the first six years that John was in real estate, which was a good market for an agent to cut their teeth on. Price reductions were the norm. “You had to be good at getting a property sold. It was a tough market that only got tougher. There was little regulation and a lot of cowboys.” Advertising has changed a bit from the early days of John’s career. Canberra Times property ads were devoid of colour. Letterbox dropping with photocopied ads was another avenue.
John’s office had the first five pages of advertising. These were 35-word ads, occasionally with a line drawing. Very few photographs. “We were told what a difference it would make when colour arrived,” he said, “but not much changed at all, just colour headings.” Comparatively speaking, that advertising was enormously expensive in relation to the property’s value. “When you scored an editorial, you gave them what they wanted as quickly as you could because you wanted to be asked again,” he said. “A single photo was taken at stock inspection, developed at the local 1hr photo shop and that was used for the window card.” MARNA: We didn’t look at print ads at all, mainly because things were selling so quickly. The only homes in those glossy pics were way out of our reach. We spent hours each week searching online – Domain and realestate.com – then went to open homes on the weekend. We liked the agents who used 3D tours. These gave us a much a better idea of a property and helped us narrow down what to prioritize come the weekend. Today, John is database and digitally driven, with a lot of off-market sales. He displays a 3D tour of every property he lists, though says only about 30 per cent of Canberra agents offer this. In John’s early days as an agent, he drove his wife’s white Ford Laser. He explained, “She was a nurse who worked night shift, so I got to use it during the day. If a big bloke was in the passenger seat, I’d have to ask him to move his leg so I could change gears.” Given the car’s broken door handles, John was known to quip, ‘If you don’t buy the property, I won’t let you out’.
A five-house-run with the buyer was the norm, hopefully ending with the home they would buy. Buyers were in short supply. MARNA: There were up to 100 potential buyers at every open home. The open home was almost solely our first contact with an agent. Agents rarely chased us. Other than inviting you along to an open home, they would leave you alone. Agents were very busy. Some never got back to us at all. John says he misses the tactile side of flicking through the 3x5 inch cards in an old-fashioned card box, which he used to keep track of his contacts. “I found sellers by flicking through the cards. I’d letterbox drop with mail bearing the owners’ actual names. There’s not a lot of that happening today. Cold calling has become all but extinct. And I rarely put a buyer in the car these days, though I do put my signs on the roof racks of the Merc and put them out myself. A vehicle is far more about brand profile today.” MARNA: We put in three or four offers last year but people were always prepared to pay more, and there really was a sense of FOMO about what might occur when the borders opened. When we found a home we wanted in December, we knew not to hesitate. We contacted the agent and put in our top offer. The day we signed the contract, someone offered $30k more unconditional. Fortunately, they were too late.
In 2001, you could buy into Ascot, one of Brisbane’s most expensive suburbs, for $447,000. Now the median price is around $2million.
VIEW PROPERTY MAGAZINE
49
SHOUT IT FROM THE ROOFTOPS! At the risk of stirring the pot, while light-coloured roofs make all the sense in the world, how about requiring developers to provide real backyards with room for a tree or two, which might make life for the future residents so much better.
AMONG THE MANY THINGS WE CAN BE GRATEFUL FOR, ONE IS THAT WE HAVE A ROOF OVER OUR HEAD.
H
ow much consideration do you give to that roof? Without going outside to look, what can you say about the roofing material, its colour or its style? If you were party to your home’s construction, how much input did you have on what went up top? Last year, the New South Wales government outlined plans for builders to cease constructing homes with dark-coloured roofs. Under guidelines being developed by the Department of Planning, Industry and Environment, all new housing would be required to have light-coloured roofing to reduce the urban ‘heat island’ effect, which was particularly determined to be a problem in western Sydney. It’s true. There are many houses in Australian suburbs with dark roofs. Most of us learnt at primary school that black or dark-coloured surfaces absorb a great deal more heat energy than do white or light-coloured surfaces, but it is actually a bit more complex than that. The problem really lies in the fact that the under surface of the roof re-radiates this heat into the roof cavity of the home and rapidly migrates into the living spaces through the ceiling.
50
VIEW PROPERTY MAGAZINE
Using high levels of insulation can help combat this, and new technology has allowed darker paints to absorb less heat. A dark roof may blend into the surrounds better, hence the popularity. Ironically, there are local councils with restrictions on how light a colour you can use on a roof. This might be because most existing houses already have dark-coloured roofs, so they expect newbuilds to ‘blend in’. All in all, information on the matter of roof colour seems rather lacking. Can you find anything on your own council web site? A James Cook University study found that, for north Australia, a light-coloured roof has about 30 per cent lower total heat gain than a dark-coloured one. Light roof colours are often criticised for creating glare, but the experts tell us that it is texture rather than colour that is the culprit by means of low angle reflectivity; and a neighbour’s new black tiled roof may create massive glare while an older white metal roof creates none. Since 2010, Queensland covenants and by-laws cannot restrict the use of light roof colours. Moving on from colour, the most common roofing materials in Australia are tiles or tin (corrugated iron or steel) and there are pros and cons for each. Lightweight steels are great for architectural designs, especially where curves are desired. Tiles are winners for lifespan, heritage appeal and sound insulation. A terracotta roof might weigh in at up to 60 kilograms per square metre opposed to steel at five kilograms per square metre.
What about roofing styles? Some of the more commonly seen are: HIP – Possibily the most popular because they offer shady eaves and great strength. Three, four or more pitched planes slope downwards from a ridge at the top of the roof. GABLED – These have a triangular shape and offer great space for an attic. They are often used in combination with a hipped roof. FLAT – Easy construction, these are never truly flat as they’ll always have some pitch for water runoff. They are generally accessible and safer if you are wanting to move around up there, which is a good thing because they can require more maintenance due to the debris that will inevitably gather on top. SKILLION – This is a flat roof with a visible pitch. It may be a single sloping roof surface. Skillion roofs are often used these days to create unique
Re-roofing? Tips on colour matching:
shapes from the home’s exterior.
•
Look at the colour flecks that feature in your house bricks.
BUTTERFLY – Two skillion roofs with a box gutter
•
Match roof colour with trims, such as window frames.
in the middle, where the two planes slant down
•
Create a colour balance by matching roof with base colours from driveway or garage door.
towards each other.
•
On guttering and fascia colours: If you don’t see much of your roof from the ground, matching the colour of the roof to the gutters and fascia can bring that colour down and give you more of that look. If you see a lot of your roof from the ground, then you may want to go with a contrasting colour on the gutters and fascia.
can manage rainwater, provide insulation,
•
Ask your roofing company for completed projects you can visit and see colours in real life.
create a habitat for wildlife and help to lower
•
Some companies offer a service where you can email a photo of your house and they’ll give you colour options – or you can experiment with colours online.
GREEN – This is the living roof, a flat or pitched surface planted partially or completely with vegetation, and favoured because they
air temperature.
VIEW PROPERTY MAGAZINE
51
ON LOCATION GORDON, NSW J
ust 16km north of Sydney’s CBD, in the heart of the leafy North Shore district, is the family-friendly neighbourhood of Gordon. It is in a region that is bound by three national parks including the Garigal National Park, Lane Cove National Park and Ku-ring-gai Chase National Park. Residents who call Gordon home make the most of their natural surroundings. The welcoming suburb boasts leafy streets and friendly neighbours. Families are particularly drawn to the area due to the surrounding high-quality schools, quiet streets, and larger homes which allow for plenty of space to be a family. Residents can enjoy the cafes, restaurants, shops and parks locally, while larger dining, retail and entertainment precincts are only a short trip away.
“Gordon is a good suburb within the North Shore district, recognised for its central location, education and family-friendly lifestyle. Families have the space to really enjoy entertaining in their own homes within the relaxed neighbourhood.” Bryan Sun, RE/MAX Metro.
Images courtesy of Gordon Golf Club.
52
VIEW PROPERTY MAGAZINE
MARKET SNAPSHOT Population 7,700 Renters 30% Owner occupiers 70% Median house $3.73M Median unit
$1.04M
EXPERIENCE If staying in on weekends isn’t your thing, there’s plenty on offer. Head out and explore. Known for its natural beauty, Ku-ring-gai offers plenty of walking and bike tracks where you can see and experience nature firsthand. Take a bush walk through one of the native reserves, or simply enjoy the leafy surrounds from a bike ride through parklands. Family-friendly living is a must in Gordon and there’s no better way to enjoy family time than a picnic at one of the local parks. For those that fancy a round of golf, Gordon Golf Course is nestled away amongst the trees. Quiet, picturesque and fun, you can be as competitive or relaxed as you please.
There’s a bit going on inside the walls of our house. We’re deep in preparation mode… shelves are about to get cleared, cupboards are being locked and barriers are about to go up. No, it’s not our bathroom/laundry conversion. That’s been put on the backburner. Adding an extra bedroom is laughed away for the minute. You see, a few months ago our family grew a little larger… Yep, you guessed it, we’re babyproofing.
With Jennifer Kent As they grow, children’s natural curiosity leads them to explore, and they’ll no doubt test boundaries. Bookshelves can look a little like climbing frames, and it’s amazing how much fun a toddler can have pulling everything out of a drawer. Review and adapt your home as your child grows in order to create a safe environment.
It was only a few months ago my house was full of beautiful plants, but without even really realising, they’ve all made their way outside… and there they probably will stay for quite some time.
This is the second time I’ve got the house ready for a mobile baby. I giggle as I remember how I went to town in the ‘child safety’ aisle at Bunnings and basically ended up needing an instruction manual to open anything in the house with a door. There’s a lot out there on the market!
As they come to understand concepts a little clearer, you can help them explore their surroundings in a safe way, teaching them how to care for property and respect boundaries. It may take a little time. Be patient.
We want a safe space for our young one to play and grow – and we do not want the contents of our Tupperware drawer sprawled throughout the house – so for now, we’ll put up with the gates. It won’t be forever.
Ultimately, tackling baby proofing involves removing risks/potential dangers to little ones, but it’s also to keep the contents of the house intact.
WHEN CHECKING ROOM BY ROOM, KEEP IN MIND WHAT YOUR CHILD MIGHT BE INTRIGUED BY
For a while now I’ve been mentally moving, rearranging and organising our home ready for when our littlest is on the move, but push is coming to shove now. It’s time to get stuck in.
So where to start? Fragile or sentimental items are best moved out the way – go higher, or completely out of sight. Cleaning products and medications should be locked away and out of reach, electrical outlets plugged and cords out of reach, and larger furniture items secured. Tackling the house room by room will allow you to prioritise what needs to be done to keep baby and property safe. You may find it easier to block off certain areas in your home. For example, I’m able to completely restrict access to our kitchen area, as well as our bathroom and laundry, which also incorporates our pets’ quarters. This was a much more practical solution for us.
1. LOUNGE – secure heavy furniture like bookshelves and TV cabinets to the wall; keep small items clear from grabbing hands. 2. KITCHEN/DINING – utilise baby safety products to keep drawers closed and ovens and stovetops out of access. 3. BEDROOM – again, secure any heavy items of furniture to the wall. 4. BATHROOM – secure cupboards, keeping products out of reach; ensure taps can’t be turned on.
In no time we’ll be navigating our way through those fiddly locks to get to the bathroom.
5. LAUNDRY – lock chemicals and cleaning products away. 6. OUTDOORS – pack away garden tools and remove chemicals from reach; block access to unsafe outdoor spaces; check pool fencing and gates. 7. GENERAL – cover electrical sockets and remove cords. Check doors and windows are secure. Ensure chemicals and batteries are out of reach. Check accessibility to hot/cold surfaces and watch out for sharp edges.
VIEW PROPERTY MAGAZINE
53
THINGS RARELY GO TO PLAN I
f ever there was a stark reminder that things are not quite as they were in the state of real estate markets, it was a story relayed to me recently and involved a family’s very personal real estate experience. The way their purchase of a new home played out was filled with twists and turns. As RE/MAX Australia Managing Director, Joel Davoren, puts it, ‘not normal’ is the ‘new normal’ in real estate. He’s right. Even normal real estate transactions can prove a little weird at present. Joel’s thought is to increase weird by 20 to 30 per cent – and be prepared for it. Suddenly, problem solving is a much bigger factor on the real estate scene.
Not normal is the new normal, in real estate. 54
VIEW PROPERTY MAGAZINE
The story: In November, the family decided a third child on the way meant the home they loved and had renovated would not suit in terms of layout and space. The location was perfect so they would be selling and buying in the same market, one that was moving at a ridiculous pace, putting pressure on to act quickly. After researching the market, looking at sales of similar homes to their own, and looking at their capacity to borrow and their loan serviceability, they identified a property. It was going to auction in three weeks, and they would bid. They’d hardly made that call when they heard of a home in the same suburb currently under construction by a builder who impressed them. In the week leading up to the auction, the family presented their top offer on the new build. Negotiations went on right up to the morning of the auction. Finally, just prior to the auction commencing, there was verbal agreement on the new build purchase but no signed contract yet. It arrived in the in box with barely minutes to spare! Ten minutes later they had an unconditional contract on the house they were selling. An issue with the mortgage discharge release almost threw a spanner in the works for settlement on that one, but after some tense times, things finally went through.
With Lyn Cox You would have read recently that settlement issues prompted changes to REIQ contracts. This is the Real Estate Institute and the Queensland Law Society being responsive to reducing unplanned for challenges. A buyer or a seller can now get a short extension to settlement if either party is unable to settle due to the inaction or delay of a finance institution, or for another valid reason. You can see how, in this high-paced market, things can easily not go to plan. It is an unfamiliar market for most of us, the likes of which we’ve not operated in before. And even those experienced in real estate transactions are saying it is a crazy market, but one where auctions are still the most transparent method of sale. The key is to have all your ducks in a row, keep all lines of communication open, accept there may be uncertainty and heightened stress, and keep moving forward. Joel Davoren says that purchasers in today’s market are either ‘valuers’ or ‘buyers’. ‘Valuers’ say they are missing out on properties because they can’t or won’t always meet the price the property sells for. If you apply traditional valuer mentality to this market, you stand to lose out. The ‘buyers’ take action. They secure the property. Back to the family… with the new build not yet finished, everything went into storage, and they found alternative accommodation until the four, soon to become five, moved into their new home in December. This family is one of many thousands who moved home in 2021, as many will do this year. Do your research, work with people you trust and be prepared for contingencies. If issues arise, manage your reactions because most times, there will be a solution.
What’s your property
Generate suburb information