View magazine - Spring 2019 by RE/MAX Australia

Spring 2019

The personal touch

Makes a difference

View Property Magazine

Australia & New Zealand

RE/MAX Australia Regional Office P. +61 7 3007 9000 E. remax@remax.com.au

Contents.

143 Coronation Drive, Milton QLD 4064 PO Box 1326, Milton QLD 4064 www.remax.com.au

RE/MAX New Zealand Regional Office P. +64 9 309 8478

The job scene

With a few million to spend

Distractors in a real estate market

On location – Sydney’s Northern Beaches, AU

How low can mortgage rates go?

Who will buy?

Welcome to the property market, millennials

Selling for the very first time

Checklist – moving out

The attraction of school catchments

E. corporate@remax.co.nz Level 1, 70 Stanley Street, Parnell, AKL 1010 PO Box 11331, Ellerslie, AKL 1542 www.remax.co.nz

VIEW editor: Lyn Cox E. lcox@remax.com.au M. +61 418 793 096 VIEW editorial assistant: Jennifer Kent VIEW design: Expressway Studio

14 Off-the-plan

VIEW production coordinator: Jasmine Rimmer E. jrimmer@remax.co.nz

On location – Millwater, NZ

VIEW advertising enquiries:

Reasons for renovating

On location – Broadbeach, AU

Property Listings

Demystifying commercial property investment

On location – Rangitikei, NZ

Property development starts with the right site

Wearing my other hat

4 6

Going the distance

The edge

Spring touches

Lots to love about auctions

On location – Toowoomba region, AU

Turning the lens on the rental

Why wait until after settlement?

Yard work

On location – Invercargill, NZ

Vehicles of RE/MAX

Jasmine Rimmer E. jrimmer@remax.co.nz Jessica Kiely E. jkiely@remax.com.au

Copyright © 2019 RE/MAX Australia/New Zealand. 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/New Zealand, 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.

And featuring RE/MAX property listings from page 19

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The

Job scene

Real estate careers traditional and non-traditional The real estate industry is forever growing and changing; and buying, selling and renting homes will forever be a key part of our society. When most of the population think of jobs in the real estate industry, the two that immediately spring to mind are sales agent and property manager. Employment opportunities in the industry are far more varied than that. During times of very active markets and property booms, growth in roles like sales consultants and sales executives is expected, but along with ‘selling’ jobs comes engine rooms of administration, which create many important and potentially well-paid roles such as sales assistant and executive assistant. Employees with project skills, second language skills and skills in international relationships can also be in demand. And with a busy property management sector, similar roles in administration, operations and client relationships are evident, as well as growth in leasing and marketing roles. The finance sector opens up wide employment possibilities with finance and property intrinsically linked. There has been a noticeable rise in roles associated with property technology, quite often in the area of business development but also in customer service and relationship management. Property technology is likely to influence employment and career

Many different property management positions and structures have evolved over the years and will continue to do so. For example, there are jobs in leasing that still require qualifications but don’t involve the ‘tough part’ of property management. There are marketing positions, especially for social media. Some offices have in-house photography positions. We have a Storage Shed Coordinator who manages all the storage complexes. There are any number of opportunities. Katie Knight, RE/MAX Success

trends – as forward-moving roles in the real estate industry evolve through sales, property management, marketing, business development and social media management opportunities, for example. Human relationships will increasingly be a critical element in real estate and technology should be able to make that experience more efficient and pleasurable for the agent and the customer. Strong agent teams, where not everyone does everything, will become increasingly more important, which means available employment opportunities are likely to be more diverse. A quick look at the diversity of roles in real estate offices today already hints at opportunity. Looking outside the traditional business owner, sales agent and property manager, we find: • Communications manager • Marketing coordinator • Graphic designer • Video and photo editor

• Social media manager • Property finance consultant • Compliance officer • Accounts and payroll officer • Client services manager •M aintenance and facilities coordinator • Leasing inspector • Rent control administrator • Trust account administrator Some will enter the industry in nonselling roles but then find their calling in sales and go on to become a licensed real estate agent. For some, it’s auctioneering. For others, it’s property management. And there are those who go on to own real estate business. The future of real estate looks bright. Ground-breaking technologies are so much part of the real estate scene, potentially shaping and enhancing experiences for those working within the industry and its customers. Career opportunities are evolving and diversifying.

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With a few million to spend Does being a millionaire have a pleasant ring to it? If you want millionaire status today, it’s said that something like ‘three million’ is the ‘new million’ thanks to inflation!

If you are in the enviable position of having a couple of million dollars, or more, to spend on property, where would you look and what would you expect for your dollars? With individual real estate markets numbering almost as many grains of sand on a beach, and with little chance of any two being identical, what you can buy in one market might be vastly different to what you can buy in another. Suffice to say, you will get more bang for your buck in a lower-performing market than you will in a blue-chip suburb or tightly held enclave. Or putting it another way, if you have way, way over the median price for the market it is likely that you are buying in the prestige league… rather like the seats in the pointy end of the plane. What you actually expect for your millions is a very individual thing. For you it might be the million-dollar view, the acres of land, the dressage arena, the 12-car garage or the lofty city penthouse. Some of the features that wealthy clients have declared their ‘must haves’ are: • sweeping staircases • multi-level staircases

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• separate master bedrooms, each with huge bathroom and dressing room • his-and-her studies • all bedrooms with en-suites • showpiece bathroom close to entertaining areas • at least as many bathrooms as bedrooms • super-sized children’s rooms • bespoke cabinetry • kitchen plus butler’s pantry •m ultiple entertaining areas, inside and out • i nternal lifts for movement between levels •w ine cellars, gyms, massage areas and cinemas • l arge garage spaces in which to store all the ‘toys’ • infinity pools These are the sort of people who often holiday in luxury, so it isn’t surprising that they want to replicate the same level of grandeur in their own home. They also seek comfort in a friendly welcoming environment, so in many cases fun and entertainment is given higher priority than formality. They like to create an environment which they and their guests don’t want or need to leave.

The seller If you decide to sell your million dollar-plus abode, what can you expect? When the marketing budget is as high-end as the property itself, don’t be surprised by lavish productions worth in the hundreds of thousands. You may not have rock stars or a ballet troupe performing Nutcracker at your open home, but consider what some wealthy sellers do include: ballerinas dancing inside bubbles to highlight the water feature, world movie premieres in the home cinema, seven-course degustation lunches on the patio and fully-catered harbour cruises leaving from the jetty. This is where the open home is not just another event, it’s the ‘Oscars’… the ‘Academy Awards’… of opens. And if you are keen to know how many square metres of luxury internal floor space US$1 million buys around the world, Knight Frank’s The Wealth Report 2019 revealed how much it would buy in a number of cities including… Hong Kong – 22sqm; New York – 31sqm; London – 31sqm; Paris – 46sqm; Sydney – 52sqm; Tokyo – 67sqm; Melbourne – 97sqm; and Mumbai – 100sqm.

Distractors in a real estate market By Michael Davoren, Managing Director, RE/MAX Australia & RE/MAX New Zealand

Housing is Australia’s single largest asset class, worth more than four times the value of Australian-listed stocks. In New Zealand, investment in houses represented around one third of all investor activity in a 12-month period. Low interest rates, inflation rates, taxes and a stock market that is out of an individual’s control have in numerous ways reduced investment opportunity today.

trends, new home construction, wage growth and employment, availability of finance, land supply, investment in infrastructure and government policy.

Real estate is more than an asset class; it is a long-term asset wealth growth vehicle too, whether you are buying for your own shelter or providing shelter for others.

Property buyers are more familiar with localised influences on property values such as the amenities that make an area more liveable and provide employment, housing style and design, block aspect and views, and the general aesthetic appeal of an area.

Property investment is a fairly straightforward concept to understand. Its value is mostly determined through supply and demand; however, a whole lot of macro and micro influences affect the balance, which may swing that supply and demand one way or another. It’s a swinging pendulum in a perpetual state of movement, with property prices rising, stalling or falling, and creating what we call market cycles. Let’s look at some of these factors that may affect property markets. Some are generally out of our control as are the prevailing economic and social scene at any given point in time. These include population

Buyers, sellers and agents tend to react to factors that create uncertainty. Pending elections and election outcomes are good examples. Some market expectations are played out unnecessarily in extended holiday periods such as Christmas/New Year: for example, the perception that there are no active buyers over Christmas. Seasonal changes are also perceived to affect the market. The needs of baby boomers or millennials can be quite different and are another factor. Developing technologies and new innovations are changing the real

estate landscape. Think virtual reality inspections, AI (artificial intelligence), robotics and drones. Homes with features that take advantage of technological advances are popular with certain buyers as well as tenants, as are homes designed, constructed and functioning with sustainability and health in mind. People are more environmentally aware. Different business models exist within the real estate industry and at times are given labels like ‘distractor’ or ‘disruptor’. However, where new brands enter markets, success only comes when the brand adapts to the market. A lesson for all models is not to underestimate the value that sellers and buyers want out of a real estate service and not to assume that what works in one market will work in another. In Australia and New Zealand, buyers and sellers value having someone to walk them through a transaction as complex as a property sale. They value an agent with comprehensive market and local area knowledge, who knows the ins-and-outs of regulation, and is skilled in marketing and negotiation. What might all this mean to the property buyer? It’s good to understand that there’s a lot going on in the market you are buying or selling in. It is important not to be distracted by ‘cheap’ service and instead appreciate what real value an agent must deliver in order to achieve the outcome that you want.

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ON LOCATION

Sydney Northern Beaches, New South Wales, Australia Where are we? Head north from Sydney’s iconic harbour and you will stumble upon the beautiful coastal suburbs Dee Why and Narrabeen. Dee Why is considered the main administrative centre of the Northern Beaches region and is buzzing with restaurants, cafes, shops and apartments overlooking the beach. Further north is the slightly smaller suburb of Narrabeen, which is home to four beaches along the Narrabeen stretch, famously mentioned in the Beach Boys 1963 track, ‘Surfin’ USA’. Both suburbs have their own lagoons and are popular spots for locals and visitors. Both are ‘a stone’s throw’ from popular Manly Beach and a ferry ride to the city.

Lifestyle Being by the beach and still so close to the country’s beating heart of Sydney makes the Northern Beaches a very popular destination for all kinds of people. You can lead a busy lifestyle of dining, bar hopping and outdoor activity; enjoy family friendly activities, sporting facilities and the excellent calibre of schools; or relax with a leisurely stroll along the long sandy beaches at your own pace. The lifestyle of the Northern Beaches revolves very much around the outdoors, whether it is fishing, surfing, any of the many sports or

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simply enjoying the beautiful parks and lagoon. This relaxed outdoor lifestyle is largely why people gravitate to the area.

Market Sydney’s Northern Beaches has always been a popular location and has generated strong interest from buyers. While 2018 saw the market slow, there is an underlying confidence which is being felt this year, with an increase in buyer interest and adjustment to housing prices. There is strong interest from

first home buyers, with sought-after houses selling between $1.2million and 1.5million. Property is selling anywhere in the region, up to $4million on average, particularly around the Peninsula. Older style units are selling between $650k and $850K; and it’s anticipated these prices will hold steady given that a number of new unit blocks near completion are selling upwards of $900K. Buyers are predominantly owner-occupiers, although there is some interest from investors.

Top things to do Jason Martin, of RE/MAX Property Specialists who look after Dee Why, Narrabeen and the greater Northern Beaches, says it’s hard to beat Sydney’s Northern Beaches, especially for the lover of the outdoors, Here’s why: • V isit the location for TV soap, Home and Away, with a short trip north to Palm Beach. • H ead south to Manly Beach. • E njoy a ferry ride into the city. • F ind that perfect spot for dinner along Dee Why’s restaurant strip. lay golf at Long Reef or enjoy the stunning views from Long Reef • P headland. • F ish, surf, dive or simply just enjoy any of the superb beaches along the Narrabeen coastal stretch. Narrabeen Lakes is a popular spot for fishing, kayaking and the like.

Pivotal Financial is a dedicated team of finance professionals passionate about providing expert advice, support and service in choosing the right loan. In 2013 and 2014, RE/MAX Australia and RE/MAX New Zealand established a clear synergy between real estate and finance for the benefit of consumers. Pivotal Financial is their financial arm in each country. Pivotal Financial announced its partnership with the New Zealand financial services brand, Mortgage Link, in May this year.

How low can mortgage rates go? By Josh Bronkhorst, Managing Director, Mortgage Link (NZ)Ltd. & Insurance Link (NZ)Ltd. Property markets on both sides of the Tasman have recently cooled down from their record highs – with the big cities being hit the hardest and value growth slowing across the regions. As all eyes turn, once again, to monetary policy and rate cuts, one question keeps popping up: What’s next for mortgages?

In Australia, the average first home buyer home loan amount has increased by 370% since 1991, from $73,700 to $345,800 (in 2018). The Australian and New Zealand property markets have a number of similarities, and some key differences. Both markets have boomed in past years, thanks to lower-than-ever mortgage rates and steady population growth.

Both countries have experienced a two-speed pattern, with big cities driving up prices and regional areas getting the ripple effect. And importantly, both reserve banks decided to cut their official cash rates this year – for the first time since 2016. But as similar as these two landscapes might be, what the future holds may depend on their differences. How property is taxed, for example. While New Zealand has just abandoned the idea of introducing CGT, Australia relies heavily on its stamp duty for revenue. Fewer property sales mean less money in the state coffers, which may push the government to raise tax on housing – putting pressure on affordability. There’s no denying that the New Zealand market is slowing, but certain factors are more likely to mitigate risks. Unlike Sydney and Melbourne, Auckland does not have an oversupply of properties. Plus, while floating rates dominate in Australia, New Zealand ‘fixedrate wars’ have yet to show signs

of dwindling, helping more firsthome buyers get on the ladder. And lastly, New Zealand loan-to-value restrictions have proved a barrier for many borrowers, but they have also improved the overall resilience of the banking system. So, back to the initial question: what’s on the cards for mortgage rates? With home loan rates already at an all-time low both in Australia and New Zealand, further OCR cuts are unlikely to be passed on in full to borrowers.

Mortgage advisers write one out of every two mortgages in New Zealand. Australian lenders made this clear in July, when some major banks decided to pass on just 18 or 19 basis points of a 25-point central bank cut to 1.25%. In the meantime, the Reserve Bank of New Zealand has left the official cash rate (OCR) on hold at 1.5%, with another cut possibly on the way by the end of the year. Only time can tell how this might play out for mortgage rates, though there’s a risk that the RBNZ’s proposed capital requirements will push consumer rates back up in November… Property – It’s always a great topic. If you are thinking of taking advantage of low mortgage rates and making a move, I strongly recommend talking to a mortgage adviser. They know the ins and outs of the market and can help you find the right mortgage structure for your needs and goals. pivotalfin.co.nz | pivotalfin.com.au

N Z P I VOTA L F I N A N C I A L P OW E R E D BY Disclaimer: In preparation of this publication all care has been taken, however no warranty is provided as to the accuracy of the information and as such no responsibility is taken by Pivotal Financial for any errors or omissions. This publication does not constitute personalised financial advice, may not be relevant to individual circumstances and should not be seen to constitute a recommendation of any description. Before taking any action in relation to matters dealt with in this publication please seek professional financial advice. (A Disclosure Statement is available on request.) VIEW PROPERTY MAGAZINE

Who

will buy?

When you are moving from the position of homeowner to seller, it is worthwhile thinking back to when you first approached that home as a buyer.

Why did you buy it? What was it about the property you found suitable or desirable? Also think about anything you may initially thought was lacking, whether you’ve made improvements and whether the home has lived up to your expectations. When you get into this mind-frame, it can often help you to visualise your property’s potential buyer, which in turn may prove a useful guide as you prepare the home for sale. Let’s explore some buyer scenarios.

David and Marilyn sold their large family home after the adult children moved out to various locations, buying family homes of their own. The ‘empty-nesters’ have rented for a while but are now ready to buy and are looking for: • Low maintenance, but still some play space for the grandkids • M aster bedroom with en-suite downstairs • Two upstairs bedrooms, with bathroom and preferably flexible living space • Downstairs powder-room • N earby public transport/shops/health facilities Tony and Sue want to increase their investment portfolio with a property that offers: • Solid foundations • G ood condition with no immediate work required • Four bedrooms (or easy to turn into four) • In a location that attracts good tenants Josh and Kate are hoping to buy their first home and are keen on: • E asy access to public transport • G ood access to major roads without being directly on them • Great indoor-outdoor flow • Low maintenance • N earby options for dining and entertainment

Adam and Natalie are both professionals earning good incomes. They have two teenagers. They seek a home that has: •B us or train links with private schools •G ood separation between bedroom/living areas of adults and children •G uest bedroom • Spacious garage • Pool Simon and Chris are both retired but active, involved with professional bodies and like to travel. They have a great petsitter. They are looking for: • Single level • Two bedrooms •O ffice/study that can accommodate two workstations • Secure yard •L arge outdoor entertaining space Jo and Milly have a four-year-old and a two-year-old. They want: • Good school zone • Good storage areas • Bedrooms on the same level • Bath in main bathroom •C hild-friendly back yard, preferably visible from kitchen and living area • Park nearby

So, who do you think your buyer might be? While it’s near impossible to fully categorise buyers, when you are aware of the downsizers, the investors, the families with teens, the young families and the DINK’s (double income, no kids) and what they may be looking for, it may help you make decisions around presentation and even renovations. Consider which buyer type your home may have most appeal to and be sure to have a marketing program that targets them.

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Welcome to the property market, millennials A new wave of property owners and investors are moving through, with millennials looking to make their mark on the property market. If you’re a current landlord, or currently selling your home, there’s a good chance you may be renting or selling your property to a millennial. Sometimes referred to as ‘generation rent,’ a millennial is generally someone in their mid-20’s to mid30’s. Unlike previous generations who were eager to buy their own home at a relatively young age, millennials have appeared to be ‘uninterested’ in home ownership. There could be many reasons for this. Lifestyle choices for many millennials include periods of overseas travel and employment. Even when remaining in their home country, they accept that a chosen career may require significant relocation, and on more than one occasion. While not opposed to the idea of settling in one place, and the possibility of marriage and children, they may consider such paths are for exploring later in life. Concerns about job security, cost of living and repayment of study loans may also impact on a millennial’s willingness to enter the property market. Saving an adequate deposit can also be a real challenge with so many competing priorities. Some say that ‘home ownership’ equates with ‘settling down’, which certain millennials believe they are not ready to do. Another suggestion is that they purposefully place themselves in a long-term saving mode because of a property type and location in mind. Despite all these headwinds, there is a growing evidence of millennials now seeking to join the ranks of property owners. The rate of millennial buyers has increased in recent years. But, not only are they buying their first home.

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Upsizing their homes, investing in property and moving to purchase in new locations are generally on the increase.

necessarily look to buy in the market where they are living. There is a lot of interest in buying property for the sole purpose of renting it out.

Recent mortgage data has found that female millennials are amongst the fastest growing sector of homeowners.

Buyers in general are recognising now is a good time to buy with low interest rates. A cooling of house prices and less competition from overseas buyers are also good indicators.

For first home buyers, the current first home-owner grant is a big incentive to get into the market. There has also been evidence of a shift, with young buyers looking to start their property portfolio earlier and strategically thinking about property purchases with the intention of setting themselves up long term, even for retirement. They don’t

Of course, home ownership is not on everyone’s agenda, with plenty of people – in every generation – choosing to rent for longer. But with an increasing interest from millennial buyers, the first home owners of today may very well provide the growing swell of new landlords tomorrow. One thing is for certain, the millennials have property markets in their sights.

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Tip 3 Price your property appropriately.

Selling… for the very first time First home buyers get a lot of attention and are regularly in the spotlight. This pays off handsomely by way of guidance and advice for those lost souls venturing into the property market for the very first time. It’s time to give first time sellers a turn with a few tips to help them along the path to a sale!

Tip 2

Tip 1

There is too much at stake in a home sale for you not to sell with the help of a professional. The DIY seller is unlikely to have the connections or experience to market their home effectively and avoid costly mistakes.

Know your local market. No two markets are truly the same, which means the selling price of a property you think is the ‘same’ as yours but in another location with a differently performing market is unlikely to be an accurate indication of what your property will sell for. Rely on the real estate agent who is an expert on your local market. That agent should know what houses like yours are selling for and will understand that what works in one market may not work in another. Attend open homes and auctions as part of your own research.

Choose the right agent.

Choose the agent who has evidence of recent and satisfied customers and can clearly demonstrate an understanding of the market. Ask about list and sales prices – how close have they been? Choose the agent who confidently explains the best method of sale for your property and can demonstrate their outstanding marketing skills. Remember, more than 90 per cent of all buyers find their home online. How will your home stand out? Choose the agent who impressed you at open homes and /or auctions. Choose the agent who engages with you and your home. Choose the agent you trust.

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This will fall into the agent’s skill set and should come about through their comprehensive market knowledge. You’ve done your own research. Don’t choose the agent who gives you an unrealistic market value. For sure, you and your agent want to achieve the highest possible sale price but pricing a home too high may repel buyers and leave it sitting on the market way longer than necessary. And get the price right from the start of the marketing campaign, whether you are selling by private treaty or auction.

Tip 4 Understand the costs involved in selling. There are costs associated with selling a home so make sure you understand every cost that may be coming your way, including marketing costs – your investment in the sale of your property. Question your agent about anything you are unsure of at any point in the process.

Tip 5 Prepare for the market. You are competing with other sellers so put some effort into making your home appealing to the buyer. Make your home stand out from the competition. Start with street appeal. And clean the home from top to bottom.

Tip 6 Be ready to act when the offer comes in. When you accept an offer, be prepared to move quickly to finalise your relocation and get all your things out of your home. When the sale is complete and the paperwork is done, it is moving out time.

30-Day

Vacating

Checklist

4 WEEKS OUT

3 WEEKS OUT

With about a month left in your home, now is the time to start planning out your future.

With only about three weeks to go, you’ll need to really start getting organised.

Work with your agent to map out your next destination

Pack the belongings you can

It’s also the time to start preparing for the actual move.

Now is also a good time to start sorting through some of the extra clutter you did not take care of before your home went up for sale.

Organise a removal company or for storage of possessions

Remember, you can always ask your trusted agent, friends and family members for recommendations.

Get rid of items you don’t plan on taking with you

Assemble packing boxes, materials to wrap breakables, packing tape etc

This is a great time to hold a garage sale, donate some of your unneeded items to friends or to charity, or simply dispose of or recycle things that can no longer be used. This is also a time to gather all of your most important items.

Assuming you will be doing at least some of the packing yourself, make sure you have plenty of supplies.

Assemble important documents and store in a safe place

Expect your conveyancer to provide a letter of engagement outlining the work that will be completed in the course of your sale.

This could mean arranging a safe deposit box or putting together a special moving box that won’t leave your sight. This should include your home’s sale record.

Review letter to ensure you are meeting your legal obligations Prepare list of all utility suppliers to contact

This will include the power company and others.

Start preparing for the move

Store important documents in a safe place

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Start notifying everyone who needs to know about your move.

1 WEEK OUT With only one week left, there’s still plenty to do. Clean the home or book a cleaning company

2 WEEKS OUT With two weeks to go, you’ll want to ensure that you notify everyone who needs to know about your impending move. Take services out of your name

You’ll also want to pay off any remaining utility bills while you’re at it. Of course, this is often taken care of at settlement, but you will need to sort out gas, electricity and others. In addition, start notifying everyone who needs to know about your move. Change address with relevant entities and/or get your mail redirected

It’s important to leave your home in the same condition as you sold it, whether you clean it yourself or hire an outside company.

Confirm last minute details

It is especially important to get in touch with your removalist, if you are using one. Confirm the date and time you need them, confirm where your possessions are headed, and any other specifics you may have.

Make minor touch-ups

While any major improvements should already be complete, now is also a good time to patch up any nail holes or complete minor painting jobs.

Don’t forget about the most common ones, such as: Post Service

Phone Company

Transport Agency

Water Company

Employers

Schools

Banks

Insurance Provider

Electricity & Gas Provider

Local Council

It’s moving day!

MOVING DAY

Now is also the time to complete any last minute tasks.

Finally, the big day is here!

Make required home and property improvements or repairs

The good news is you followed a plan and you did it! To help make the next 24-hours as smooth as possible make sure you have:

Remember to hold on to those records and preserve them for possible tax purposes.

Make a plan for young children or pets on moving day

Consult with your agent and conveyancer

They can help you ensure you’ve already met or are in the process of meeting any contractual obligations.

Designated one person to answer questions and direct removalists

This will greatly benefit your move. Also, don’t forget to do a couple of quick things before you leave: Go room to room, ensuring all of your possessions are accounted for and moved out Make sure the home is in the same condition as it was at purchase

Although not legally required to clean, it’s obviously a good practice to leave your home tidy for the new owners. Again, it needs to be in the same condition as you presented it at time of purchase.

Consult with your agent and ensure you’re ready for the move!

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CONGRATULATIONS!

The attraction of school catchments We can define the school catchment area as the geographical location where a state school’s core intake of students must live. In both Australia and New Zealand, zoning applies to state-funded or public schools and basically indicates which schools a child can attend based on residential address. Proof of residency, such as council rates notice, utility bill, driver’s licence or a statutory declaration of residence from a licensed real estate agent is generally required.

surrounding high quality schools because there’s likely to be higher demand for properties in such locations, especially from tenants of certain demographics.

School catchment boundaries are crucial to the government’s planning of education facilities, be that new schools, additional buildings or refurbishments.

Also consider the type of property that would suit potential tenants - families with school age children – including apartments and townhouse complexes which are maintenance free, are of a family-friendly design and offer safe and convenient play areas and recreational facilities.

Sometimes it is necessary for an education department to adjust school catchments to distribute student numbers among the local schools in line with demand and capacity. Schools can open and close with changes in population. Many parents – and potential parents - will consider school zoning when deciding where to buy or rent, which also means this ‘location’ aspect is important to all property investors. Homes near top-performing schools may command a premium over comparable properties outside the zone and they might be a stronger rental proposition too. Investors should research popular school catchment areas and suburbs

Keep an eye on the high-quality schools because the property developers generally do when it comes to their planning. You may have noticed that many real estate websites feature school catchments in their description of properties and searches. It is widely accepted that wellregarded, well-performing public schools have an effect on house price growth in an area, and when parents feel that private school fees are out of their reach, it is certainly the public schools with the best reputation that they will turn to.

According to one real estate institute at the start of this year, homes in the designated neighbourhood of a capital city’s popular public primary and secondary schools secured sale prices of up to $412,500 more than those just outside the zone. In February this year, when the Australian government announced a change to zoning, agents suggested that property prices were likely to fall in suburbs moved out of the zones for two of Adelaide’s most soughtafter schools. So it seems that homes within some school catchment areas are hot property, and that access to soughtafter public schools is a major factor for buyers with school-aged children. Interestingly, it appears that a location within a sought-after public primary school zone is even more desirable than for a high school zone given the trend to target public primary school education followed by private secondary years. As you would expect, homes within the catchment areas of popular schools are tightly held. In a different take on the relationship between property and schools, property developers in Kew, Victoria, have offered three years of private school fees – worth around $100,000 - to entice townhouse buyers. The developers identified five leading private schools in the vicinity of the 25 townhouse-four penthouse project.

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Off

the plan VIEW speaks with Don Ha, from RE/MAX Revolution in New Zealand, who specialises in the marketing of projects such as subdivisions, apartment towers, house and land investments, and mixed-use developments. TODAY: Don is involved with well over one billion dollars in listings and projects nationwide.

What is the meaning of ‘buying off-the-plan’? When you buy ‘off-the-plan’ you are purchasing a house, apartment or land that is not fully developed but comes with an ‘artist impression’ and plans. Buyers generally pay 10% deposit of the total purchase price with no further payment until separate titles are issued for each property. This process may take up to 18 to 24 months from start to finish.

What about infrastructure and new residential developments? There can be as many as 50 to 100 site developments within the same area, which have all the handy facilities already in place. Similarly, this occurs with apartment developments, and especially in the CBD where old buildings are being demolished to make way for the new.

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Larger housing developments are usually away from the main centres. However, if the development scopes out to 5000 houses, the practice is to create extra shops, schools, child care centres and so on to service what are effectively ‘new towns’.

How do I tell a good development from a poor development? You can tell by the track record of the developers. They will also have display suites and samples of products used. The marketing budget comes into play and, generally speaking, the bigger the budget the greater the quality (and the commission paid to agents). Purchasers should conduct a background check on the developer. It is important to have confidence in the developer’s financial position and legal position in relation to the land resource. Who are their financiers for the project?

Does buying off-the-plan make it easier to get into the property market? Yes, it can. This occurs, for example, because lenders can fund up to 90% of the new build price versus up to 70% on the purchase of an established home. The time delay through construction may also allow for capital growth by the time the purchaser settles. In our experience, the prices usually have a 10% increase from start to finish. This way, it has fast-tracked the purchaser into wealth once they settle the property and it also allows the purchaser time to save up more money or to sell down some properties to swap for a better one.

Are there potential savings in buying off-the-plan? Yes, the developer needs the buyer, so they usually offer a discount. They need the buyers to

fund their project presales so that the funds are available to build the project. This is unlike completed projects where the roles reverse, and it is the buyer paying for the finished product.

Are there other benefits? All new homes or apartments must comply with the current building code and all products come with the necessary guarantees and warrantees. If the property resells in the next few years, the home is likely to be still like new so will hold it value.

What about potential downsides? A potential downside is a project not being completed on time as stated. For home buyers, this may mean delays in moving in and the possibility of paying extra rent while waiting for their home. On the other hand, the longer it takes until completion, the more opportunity for capital growth. Another downside is if a project cannot go ahead due to funding or non-approvals. This is a potential opportunity lost to the purchasers as they may have invested this money in a better project that delivered on time. We have seen these cause delays of up to eight months. Projects may also overrun costs and developers go into receivership. As long as the purchaser’s deposit is in a trust account, their money is safe.

Are there any risks in buying in a new development and how can I be sure to protect myself? There is no risk in buying into developments as long as your deposit is in a trust account until settlement. There are a number of things you can do to minimise risk, including getting good professional advice. The contract should reflect that your solicitor has five working days to read your contract and advise you if there is anything they have concerns about. To further protect yourself, you can get the property valued off the plans and make sure it values up now at the purchase price you paid, before you go unconditional.

If I decide buying off-the-plan is for me, where do I begin? Talk to the experts who sell off plans. These people will understand the project better than the developer and even the lawyer, through their track record, their knowledge of contracts, reading the plans and understanding all clauses. They should be able to explain to you as if they were your teachers. If they cannot do these things, then they may not have the product and area knowledge or the skills to market and sell the product.

View Don’s listings from page 28.

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ON LOCATION

Millwater, Auckland, New Zealand

Pic credit: Universal homes

Where are we? Just north of New Zealand’s largest city, Auckland, is Millwater, a newly developed part of the suburb of Silverdale, located by the Hibiscus Coast. Near Red Beach on the eastern coast of the upper North Island, is a commercial and residential suburb. An easy halfhour drive north of the busy CBD, Millwater is in the gateway between Silverdale and Orewa. With what was once bountiful pioneering land, the planning of Millwater’s development was a first for New Zealand when it began just over a decade ago. The success of the suburb’s development has since been replicated in a number of other suburbs throughout the country.

Lifestyle Though a relatively new suburb, Millwater has grown to be a prominent choice for those wanting a community lifestyle. Residents enjoy a beautiful relaxed feel yet definitely are not ‘out in the sticks’. It is a friendly, vibrant and growing suburb with a strong sense of community. Wide tree-lined streets and decentsized blocks are home to a variety of housing styles, which make the area appealing to families, professionals and retirees. Silverdale/Millwater has continued to develop over the years and contains a great number and variety of amenities, including a day-to-day retail and specialty stores

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along with great health and medical facilities. Residents enjoy easy access to a range of cafés and restaurants as well as beach access, providing great opportunities for fishing, boating, swimming and other water sports. Some of the Hibiscus Coast beaches afford great Auckland Harbour views.

Market The quality of Millwater’s development is attractive to buyers. Lifestyle properties are becoming increasingly popular. And with many

sections still to be completed, it is anticipated buyer interest will continue. Median house prices in Millwater are currently averaging around $1.13million, down slightly from twelve months ago but up from three years ago. Indications are that with interest rates low, the market should stay fairly steady with slow signs of improving. While listings are down, buyer interest is still there with first home buyers among the majority showing interest, and an increase in investors looking to re-enter the market.

Top things to do Corinna Mansell of RE/MAX Partners has a strong interest in Millwater and surrounding suburbs. Her ‘go to’ things to see and do while in the area include: • Visit New Zealand’s first indoor snow facility, Snow Planet, which is in Silverdale, if you are after some indoor family fun. • If you are a keen golfer or just looking for an enjoyable day out on the green, visiting one of the three international golf courses in the area is a must. • Take in the beautiful Mahurangi Regional Park and Tawharanui Regional Park further north. • Enjoy the picturesque rural and coastal scenery of the Matakana wine region, which has one of New Zealand’s most diverse offerings of grape varieties. • H ead out to the Whangaparoa Peninsula where there are several beaches to enjoy. It has some popular camping spots in the summer too. • Visit the artisan cheesery in Puhoi Valley.

Reasons for renovating Why these differ for the property investor and the live-in homeowner. When markets soften, some investors try to stay away from selling or adding to their portfolio, opting instead to add value through renovation.

Updating kitchens and bathrooms might be as straightforward as installing new granite bench tops, replacing old appliances and fittings, or adding smart new shelving.

Factoring the slowed growth coming off a peak period- such as in parts of Sydney, Melbourne and Auckland – a lot of people, both investors and owner-occupiers, are choosing to refurbish and renovate.

Painting the interior with contemporary yet neutral shades, such as variations of white, has the capacity to freshen up every room as well as make them appear larger. And peeling exterior paint is a sure-fire way to strip dollars from the property’s value and appeal.

Investors, it’s worth remembering that spending money without significant immediate return may put a dent in your cash flow, especially if it requires the property being untenanted for any period.

A bit of good landscaping goes a long way when it comes to creating good first impressions.

There is a difference between renovating as an investor and as a homeowner.

The last thing you want to do when renovating is to over-capitalise.

While renovating your own home is considered a safe strategy regardless of the market, renovating an investment property should be approached strategically with careful planning.

This is often more of a problem for homeowners who might get carried away with emotion than for investors who are carefully watching expenses.

Apart from generally making a property more liveable, renovations may add capital value to an asset. In both ways, there is potential for better return. You can potentially: 1. Increase the capital, 2. Attract a better-quality tenant and 3. Increase your rental return. Vacancy rates tend to increase in a softening market, so you want to make your property more attractive because the aim is to hold those properties long-term and hold good tenants. Also, if you are getting a valuation on your investment property for the purpose of borrowing more funds, a bit of a spruce up can present a property in a much better light. It is well-accepted that some renovations can add more value than others. However, despite us having differing tastes, most of us desire a similar level of comfort and convenience so renovating to achieve functional kitchens and bathrooms as well as giving storage capacity is a wise choice.

It’s the structural renovations, like adding decks, knocking down walls and expanding with new rooms, where the outgoing dollars can quickly go through the roof. You often hear renovators say that they have no intention of selling, or they express confidence that rising values in the local market are sure to make up the difference in price. However, in a worst-case scenario, such as job loss or sudden illness, the homeowner might end up with a property that owes them far more than they are likely to get if they had to sell it. Renovating is popular because people like the idea of working on their properties to improve their futures. Success comes through knowing which renovations are the smartest, and which ones you should avoid. Good advice BEFORE you begin: • A nalyse your property: location, buyer demographic, market value, size and style. • A sk the experts: Is there a market for the fully renovated or the ‘gems to renovate’?

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ON LOCATION

Broadbeach, Queensland, Australia Where are we? Set between the beautiful Gold Coast beaches and the canal waterways, Broadbeach is a suburb located in the heart of the Gold Coast. ‘Broadie’ as it is affectionately nicknamed, is often referred to as the little sister to the ever-popular Surfers Paradise. Broadbeach is a short one-hour drive to the State’s capital of Brisbane and is home to a multitude of entertainment and accommodation options. Excellent shopping, new light rail transport and almost unlimited alfresco dining options make it a popular destination for holiday makers and residents who want the best of both worlds - a lazy beach-side lifestyle with all the excitement of the Gold Coast on hand.

Lifestyle There’s never a dull moment to be had thanks to Broadbeach’s central location. It is a popular tourist destination for domestic and international visitors and, with the introduction of the light rail, makes for an easy commute to anywhere on the Gold Coast. Unlike its neighbouring suburb of Surfers Paradise, Broadbeach has still been able to keep its laid-back feel. This, in part, is why it is such a popular destination. The suburb is home to Queensland’s first casino, now called The Star Casino, which has

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the bustling Entertainment Centre located next door. Locals and holidaymakers enjoy an ever-growing alfresco-restaurant scene. Stunning surf beaches are lined with familyfriendly parks, giving it appeal to a wide variety of people.

Market Broadbeach has a real mix of residents, from families who are looking to be close to schools, to retirees looking to downsize close to the beach and with easy access to everything. Broadbeach’s property

market is beginning to catch up after the uncertainty of the 2018 market which saw prices drop slightly. Dry blocks in neighbouring Broadbeach Waters are averaging $800K; waterfront blocks $1.1million. High-rise lifestyle units with ocean views are selling anywhere between $800- $2million. There is strong interest from interstate and overseas investors in holiday units from $500800K and three-storey blocks of units are popular for younger buyers looking for the beach and café lifestyle.

Top things to do Danny Woolbank, of RE/MAX Property Centre in Broadbeach Waters, is a true Gold Coast local and says that while in Broadbeach, you really should: • G o walking along the beautiful pristine surf beaches. Whether you’re looking for the perfect wave, or simply to relax on the sand, a trip to the beach is a must. • E njoy the Star Casino, which offers the very best in dining, socialising and entertainment. • T reat yourself to lunch or dinner the famous steak restaurant, Moo Moo’s, for a meal you won’t forget. • G et along to Dracula’s Cabaret Shop for a night of good food and live entertainment the whole family can enjoy. • G o shopping at Pacific Fair Shopping Centre, the Coast’s premier shopping destination with over 400 stores and including one of Australia’s largest collections of luxury brands.

FOR SALE

Brand New Townhouses Queensland, Australia 1-4/47 East Street, Camp Hill

From $659,000 AUD View: www.remaxexperience.com.au CONTACT: David Cotterill CONTACT: 433 230 680 david.cotterill@remax.com.au

Situated in a boutique complex of only 4, this unique home is just a short walk to transport, great local café precincts & the Camp Hill Marketplace (with Woolworths, specialty stores and restaurants). Also moments from the picturesque parkland and walking trails of Whites Hill Reserve, it enjoys exceptional proximity to local schools, Westfield Carindale, the Gateway Motorway & CBD. Buyers searching for a special place that will immediately feel like “home” simply must view this luxurious new address. Security is assured by the double remote integrated garage and video intercom to the home’s ground floor entry level. Year-round comfort is promised, thanks to the zoned ducted air-conditioning, ceiling fans and hillside breezes.

RE/MAX Experience Property

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FOR SALE

Montalto Residences Queensland, Australia 19 Jones Road, Carina Heights

1-2

From $440,000 AUD View: www.remaxexperience.com.au CONTACT: David Cotterill CONTACT: 0433 230 680 david.cotterill@remax.com.au

RE/MAX Experience Property

Rising from the Carina Village and overlooking the entire suburb, your new neighbourhood is ideal. A French cafe and a spa are seconds away from your door. Just a short drive from your new home at Montalto you'll find life's other essentials; a supermarket, a deli and an abundance of other cafes and restaurants.

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Browse the nearby library for a good book, take in a movie, visit the local barber for a close shave or let your dog run off leash at several nearby parks, it's all so close to your new home at Montalto, and your new home is beautiful. These moments at Montalto feature Italian style kitchen with stone bench tops and Bosch appliances adding style to every meal. Entertain friends and family in inspired spaces that are every bit as relaxing as a traditional family home.

FOR SALE

Exceptional Terrace Canberra, Australia 4/77 Macarthur Avenue, O'Connor

$535,000 AUD View: remaxcapital.com.au/listings CONTACT: John Buckley CONTACT: 0429 843 777 john@remaxcapital.com.au

Set on Macarthur Ave, just moments from the Light Rail Stop, this extraordinary terraced apartment will delight and surprise. With so many features, this home exemplifies urban living. Make sure you view our 3D Virtual Tour to immerse yourself in this amazing property. - Both bedrooms open to the spacious courtyard - Secure entry to the garage and storage with lift access - Balcony outlook to Sullivan's Creek and beyond to Telstra Tower - Stunning bathrooms with quality fittings - Double Glazed windows and 6 Star EER for a low energy footprint - 10 minutes by bike to the Australian National University - 20 mins bike to Canberra University

RE/MAX Capital

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FOR SALE

Magnificent view New South Wales, Australia 6/12 King Street, Queanbeyan

$279,950 AUD View: remaxcapital.com.au/listings CONTACT: John Buckley CONTACT: 0429 843 777 john@remaxcapital.com.au

RE/MAX Capital

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Offering an outstanding view to Telstra tower and beyond this magnificent 2-bedroom unit will delight even the most discerning of buyers. Ideally located with easy access to Canberra and set in a neatly presented complex. The living room is larger than most, not only giving you space but plenty of options for how to set your furniture out. It is easy to underestimate how beneficial it is to have a study nook and a dining room. Considering the generous proportions of the custom kitchen and you appreciate how much you gain from simple and clever design. One of the outstanding features is the balcony. If you are someone who loves to pause and live in the moment, you will cherish the quietness as well as the tranquil view. Look for our 3D virtual tour and video to learn more, but don't delay.

FOR SALE

Sparkling City Lights Brisbane, Australia 84 Pear Street, Greenslopes

FOR SALE www.84PearStreet.com.au Darren Lewis-Date CONTACT: 0416 169 002 lewisdate@remax.com.au Sue Lewis-Date CONTACT: 0411 885 342

This unique contemporary masterpiece is of the highest quality - the attention to detail in the planning and finishing is beyond compare. The result is stylish, quality living combined with fully-integrated electronic systems, family practicality and energy efficiency. No detail has been overlooked nor any expense spared in its creation including the convenience of a 3-person Contessa lift! The strategic floor plan was designed to suit every stage of family life. AT A GLANCE: 5 bedrooms, 2 bathrooms, 2 powder rooms. Multiple indoor/outdoor living areas upstairs and down. Family and guests are effortlessly accommodated and ensured more than enough space to live and grow. With plenty of features to ensure your absolute comfort & convenience. In one of Greenslopes’ blue-chip positions, the heart of Brisbane’s CBD is just minutes away.

RE/MAX Elevate

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FOR SALE

Convenience & Lifestyle Queensland, Australia 30 Toomaroo Street, Warner

Starting From $435,000 AUD View: https://davidkopelke.com.au/

David Kopelke CONTACT: 0427 385 580 davidkopelke@remax.com.au

RE/MAX U

WHAT WE LOVE ABOUT THIS HOME: - 3 Bedrooms all with built ins - Home office & NBN ready - 2 Bathrooms with ensuite in main - Large living area for your enjoyment - Open plan kitchen + stainless steel appliances + stone bench tops - Air-conditioning + ceiling fans for year round comfort - Outdoor alfresco area to entertain family and friends - Fully fenced yard with low maintenance gardens - Crimsafe + security screens for peace of mind - Remote lock up garage - Moments away from Parks & Lake

FOR SALE

FANTASTIC LOCATION Queensland, Australia 17 Brisbane Road, Warner

$525,000 AUD View: https://davidkopelke.com.au/

CONTACT: 0427 385 580 davidkopelke@remax.com.au

RE/MAX U

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This property offers outstanding value and has plenty of living space for a growing family. The home is beautifully presented and has been lovingly cared for over the years. If modern finishes and convenient location is important to you then look no further. It is only moments away from Schools, Shopping Centres, Bus Networks and Parks. - Large living area for your enjoyment - Open plan kitchen with Blanco appliances - Stone bench tops with walk in pantry + plenty of storage - Ducted zoned air-conditioning + ceiling fans for year round comfort - Outdoor alfresco area to entertain family and friends

CAPTIVATING

Create your own Lifestyle Blue Mountains NSW 35 The Avenue Warrimoo NSW 2774

https://rem.ax/Warrimoo

Litsa Meleti Call Now 0466 969 164 litsameleti@remax.com.au

Impressive private entrance, encompassed by tranquil private lawns, bushland setting and designed for effortless indoor/outdoor entertaining. Perfectly located on 10 acres. Walk to the train station and local primary school. Gracious interiors with tallowwood timber floors. Generously appointed with six large bedrooms with extravagant master bedroom. Offering self contained living and an enviable artist's studio. Contemporary kitchen and bathrooms. Fire prevention sprinkler system on/around house. Solar panels/solar hot-water

RE/MAX Lifestyle Marketing

DUAL LIVING

New land and home Package WITH GRANNY FLAT ATTACHED

3+2

2+1

1+1

Gizzelle Powell Call Now 0428 934 618 gizzellepowell@remax.com.au

The builder of this property offers progressive architecture and thoughtfully created interiors that enrich the rhythms of daily life and enhance long-term investment potential for both sophisticated investors and cultivated owner-occupiers. The benefits of the property include: • Separate entries • Soundproof firewall • Stainless steel appliances + air conditioning • Ideal multi-family dwelling • Only pay one set of council rate • Separate water and electricity • Turn key home • Two rental income returns, or live in one and rent out the other

RE/MAX Lifestyle Marketing VIEW PROPERTY MAGAZINE

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FOR SALE

SUPER MANSION VALUE Auckland, NZ 44 Pearson Rd, Whitford

Price by negotiation View: https://rem.ax/44PearsonRoad Don Ha CONTACT: 021 968 309 don.ha@remax.co.nz Steve Starke CONTACT: 0275 413 061 steve.starke@remax.co.nz RE/MAX Revolution Top One Real Estate 2015 Limited Licensed under the REAA (2008)

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An ultimate opportunity to own village charm and city accessibility, this sprawling executive home lies among rolling hills but is just 45 minutes from downtown Auckland. The five-plus bedroom residence nestled on a 2.31 hectare north-facing meadow is superbly designed to allow maximum options for families and entertainers. With everything to offer from pool, spa enclosure (spa not included), wine cellar, media room and rumpus, to spaces that could be guest quarters, home gym, studio or kids’ retreat, depending on your preference. The fully-fenced paddocks are wonderfully set in horse country, and with room to adapt, your confidential inspection is urgently sought.

DON HA PROJECT

Pacific Gardens Auckland, NZ 834 Great South Rd, Manukau

From $650,000 View: www.remaxrevolution.co.nz Don Ha CONTACT: 021 968 309 don.ha@remax.co.nz Steve Starke CONTACT: 0275 413 061 steve.starke@remax.co.nz

• One of Auckland’s largest residential developments • Up to 1200 terraced houses & apartment suites • Super handy to Manukau City, Westfield shopping centre, bus terminal, train station & MIT. • Easy access to Northern, Southern & South Western motorway • Why not own your own home & control your future? Secure now with 10% deposit. • A fantastic bargain for first home buyers or investors For more info text DON HA to 381 or call Don Ha Projects Team on 0800 888 000. *Prices & availabilities are subject to change without notice & at any time.

RE/MAX Revolution Top One Real Estate 2015 Limited Licensed under the REAA (2008)

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DON HA PROJECT

RAMADA KAWARAU RIVER Queenstown, NZ Mountain Ash Drive

From $597,000 www.remaxrevolution.co.nz Don Ha CONTACT: 021 968 309 don.ha@remax.co.nz Steve Starke CONTACT: 0275 413 061 steve.starke@remax.co.nz RE/MAX Revolution Top One Real Estate 2015 Limited Licensed under the REAA (2008)

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Queenstown´s newest project only 5 minutes from the Queenstown Airport • Now selling 1 bedroom & 2 bedroom apartments • 10% deposit & pay nothing more until completion in the year 2020 • Invest now in New Zealand´s Golden Destination • Have an investment & a holiday pad at the same time About Investing in New Zealand - no capital gains tax in many circumstances - no stamp duty - residential investments still allowed on many properties - no buying restrictions if you are from Singapore & Australia - long history of recorded gains

DON HA PROJECT

Ramada Manukau Auckland, NZ 770 Great South Road, Manukau

From $459,000 View: www.remaxrevolution.co.nz Don Ha CONTACT: 021 968 309 don.ha@remax.co.nz Steve Starke CONTACT: 0275 413 061 steve.starke@remax.co.nz

CASHFLOW IS KING • LAST DUAL KEYS NOW SELLING FROM JUST $750,100 • Potential gross return up to 6% • Live in one, Rent out the other! • ONE BED APARTMENTS ONLY $459,000 • TWO BEDROOMS FROM JUST $666,000 • Banks lend up to 90% to approved purchasers. • TITLES OUT SEPTEMBER THIS YEAR * Prices & availabilities are subject to change at anytime & without notice About Investing in New Zealand - no capital gains tax in many circumstances - no stamp duty - residential investments still allowed for many offshore investors

RE/MAX Revolution Top One Real Estate 2015 Limited Licensed under the REAA (2008)

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DON HA PROJECT

RAMADA NEWMARKET Auckland, NZ 41-43 Gillies Avenue, Newmarket

From $580,000 (zero rated for GST) View: www.remaxrevolution.co.nz Don Ha CONTACT: 021 968 309 don.ha@remax.co.nz Steve Starke CONTACT: 0275 413 061 steve.starke@remax.co.nz RE/MAX Revolution Top One Real Estate 2015 Limited Licensed under the REAA (2008)

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Pick Your Next Gains Here Amazing Newmarket development right across from the hot new Westfield – and selling quick! • DUAL KEY Investment – Lock/Leave apartments with privacy AND income • Get your kids set up now – short term bookings could help with student costs • Future Proof for Double Grammar zoning before the costs spiral • 2 bedroom units available for the downsizers • Massive rent potential – from $820 per week in limited units! * Prices & availabilities are subject to change at any time and without notice About Investing in New Zealand - no capital gains tax in many circumstances - residential investments still allowed for many offshore investors

DON HA PROJECT

RAMADA TARANAKI Wellington, NZ 123 Taranaki St, Te Aro

Priced from only $255,000 + GST View: www.remaxrevolution.co.nz Don Ha CONTACT: 021 968 309 don.ha@remax.co.nz Steve Starke CONTACT: 0275 413 061 steve.starke@remax.co.nz RE/MAX Revolution Top One Real Estate 2015 Limited Licensed under the REAA (2008)

Presenting a Brand New, first time in Wellington - Ramada Hotel Investment 15 Years guaranteed rental income 5.2% gross return per unit Owners entitled to stay 10 nights free per year * Prices & availabilities are subject to change at anytime & without notice About Investing in New Zealand - no capital gains tax in many circumstances - residential investments still allowed on many properties - no buying restrictions if you are from Singapore & Australia - long history of recorded gains - recent record highs in liveability, immigration - building shortages and very high rents - Wellington has had 11% growth in the last 12 months or so

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DON HA PROJECT

Guaranteed Income Auckland, NZ 45 Senator Drive, Alfriston

From only $595,000 View: www.remaxrevolution.co.nz Don Ha CONTACT: 021 968 309 don.ha@remax.co.nz Steve Starke CONTACT: 0275 413 061 steve.starke@remax.co.nz RE/MAX Revolution Top One Real Estate 2015 Limited Licensed under the REAA (2008)

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Investment with a Guaranteed Income of $575 Per Week! Own this Investment with NO money down and your rental income covers your repayment! • 3 years by 3 years guaranteed lease option for $575 per week – total - $29,900.00 pa. •Brand new 2 bedroom town house, free standing Brick/Weatherboard & Tile Construction • 100% Finance available to approved purchasers with a weekly repayment of only $445 per week at 3.89% *interest only. • Selling from $595,000 Affordable entry to a first home buyer/investor • This property comes complete with blinds, dishwasher & washing machine - Just move in! * Prices & availabilities are subject to change

DON HA PROJECT

House & Land Package Auckland, NZ 71 Swainston Road, Saint Johns

From $1,160,000 View: www.remaxrevolution.co.nz Don Ha CONTACT: 021 968 309 don.ha@remax.co.nz Steve Starke CONTACT: 0275 413 061 steve.starke@remax.co.nz RE/MAX Revolution Top One Real Estate 2015 Limited Licensed under the REAA (2008)

Each three-bedroom home is cleverly set over three levels to maximise the floor space. Fitted out with premium appliances, including top-ofthe-range Miele appliances in your sleek designer kitchen. With prices starting at $1.16 million and a variety of floor plans available, you can choose the home that will best fit your ideal lifestyle. Located minutes from cafes, shopping, supermarkets and parks - this prime location has everything at its doorstep. Simply lock up and leave, then return to your immaculate, brand new terraced home. Construction underway and due for completion at either Q4 2020 or Q1 2021. Secure your home now with only 10% deposit and pay the balance off on completion!

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FOR SALE

Impressive Luxury Mansion Madrid, Spain Avd. Marsil 1, Las Rozas de Madrid

From 4,950,000 View: www.remax.es/27771037 CONTACT: Javier Villalba Phone: +34 672250822 javier.villalba@remax.es RE/MAX Jumbo Madrid, Spain

Luxury mansion in one of the best residential, gated developments in Madrid, situated on a golf course with 24 hour security. More than 1,500sqm house on 7,500sqm site with spectacular gardens. Indoor heated pool and jacuzzi area is accompanied by a gym, party room, elevator and massage room.

1500m2

The home boasts 2 living rooms, dining room, kitchen, 9 bedroom suites, 10 bathrooms, 2 toilets and a master bedroom with separate dressing room, ensuite with shower and bath tub. The outdoor pool includes an artificial river and waterfalls surrounded by a large lawn area and palm trees. Garaging for up to 6 cars and car wash area. Water floor heating and air conditioning throughout, marble and wooden floors in public areas with granite outdoor areas. Perimeter alarm with security cameras. International schools within 5 minutes.

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FOR SALE

Classic Villa with pool Galle, SRI LANKA Meepe Hospital Road - Meepe Junction, Habaraduwa

View: www.remax.lk/124014002

Alex Ponzi Phone: +94 770 090 932 alex@remaxsouth.lk

This stunning renovated villa is a well built project, finished to western taste. Where the classic touch and modern technologies are combined into a house that makes it a home in an instant. The house has 4 large bedrooms with whitewash, wooden ceiling and fine detail in the beautiful woodwork. The garden with pool and dining area is completely surrounded by a wall and gate, with large parking facilities. All give a great feeling of privacy. For sale as a boutique hotel in the company structure, makes it easy to transfer as a running business. (Rated as 9.8 on booking.com).

RE/MAX Southern Properties Sri Lanka

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FOR SALE

Your Perfect Investment Bali, INDONESIA Berawa Beach, Bali

226

Spa

Gym

From $SGD 207,000 View: genesisindojaya-citadinesbali.com Morris Short - RE/MAX Xtra Phone: +61 488 291 908 morris.short@remax.com.au Suanggita Emerlin Phone: +62 812 9185 9667 suanggita.emerlin@remax.co.id RE/MAX MBS, Bali

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Citadines Berawa Beach Bali, a development by Genesis Indojaya, is multi-award winning serviced residence and 4-star International hotel located in the prime tourist hub known as, Canggu. Secure Investment guaranteed with Net return 5% per year for 7 years by Genesis Indojaya. A minute’s walk to the beautiful Berawa Beach; and in the heart of the culture-rich hipster scene of Bali. Offering a full range of facilities including; rooftop infinity pool and ground floor pool accompanied by the Sky and Earth Bars; fitness room; Spa & Wellness Centre along with several formal and casual dining options. The property holds 226 fully furnished rooms, comprising 162 Studio Suites (31sqm: starting from $SGD 207,000), 46 One-Bedroom Apartments (53sqm: starting from $SGD 351,900, 17 Two-Bedroom Apartments (84sqm: $SGD 437,000) and a Presidential villa (224sqm: $SGD 703,800). Professional managed by The Ascott Limited, using the Citadines brand. *No monthly maintenance/service charges. Completion - Nov 2020

Australia's number 1 place for property

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Demystifying commercial property investment Some people think commercial property is only owned by people in the BRW Rich 200 list, companies and big institutions. Not so. And if it delivers high rental yields and long-term leases, commercial property should sound very appealing to many investors. Property types and buy-in price points for commercial property are as diverse as they are for residential property. Fear of the unknown is confining many investors to the residential market. However, the reality is that commercial real estate is nothing to be afraid of. Let’s try and simplify things.

What is commercial property? It may be shops (retail), factories and warehouses (industrial), and office space (commercial). Retail - This doesn’t have to be mega shopping centres and malls. The local shopping strip can present a wide variety of smaller but by no means

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less profitable investment options. Appeal comes with good exposure, good parking and easy access. Office - Businesses will always need office space. Strata offices have proved popular as they can provide multiple income streams. Industrial - All sorts of businesses need warehouses, workshops and depots. Just think of the panel beater or the picture framer. Yields tend to be good, though growth is tied directly to the economy. Car parks - If you’ve ever tried to park in the middle of a city, you’ll know how in demand these are. Whether a 400-space parking building, a small lot or a single space in an apartment block, space is being snapped up. Storage - Storage units are a popular small-scale investment option. Low maintenance costs alongside growing demand has seen their appeal increase. Storage provides a wide

range of investment opportunities based on the size of the storage facility.

What’s the difference between residential and commercial investment? Consider residential property as a high growth, low yield investment vehicle and commercial property as a higher yielding but low growth investment. Commercial property tenants usually pay all the outgoings such as rates, taxes and insurance. Because they generally conduct their business from the property, they tend to maintain it well. Leases for commercial properties tend to be for longer periods, often three to five years. Most leases require the tenant bring the property back to its original condition at the end of the lease. That said, when vacancies occur in commercial properties, they are often vacant for considerably longer periods than you might expect from a residential property. Think about any vacant shops you may have seen.

Deepen Khagram specialises in service stations and retail developments and has successfully listed and sold properties across a broad range of assets including pharmacy and hospitality businesses, shopping centres, service stations, fast food outlets and childcare centres. He also regularly negotiates sales for ‘mum & dad’ investors and SMSF investors. For instance, a suburban business that attracted 30 enquiries and multiple offers sold for $500,000. An events & functions business in a CBD precinct, where the vendor was a mum with three children, sold for $380,000. Smaller assets are given no less attention, says Deepen who has these words of advice for smaller-scale commercial investors: • I f selling, interview at least three agents and choose the one who gives you confidence in their understanding of your objectives and the product they will be selling. • I f buying commercial property, research extensively on the asset class that you are looking to buy, the quality of the tenants, length of leases, future repairs and maintenance etc. Choose an agent who can guide and advise you through the process. • I f you are not comfortable in managing the asset, ensure that you choose the right company that has experience in managing the scale and type of asset you are acquiring. Let the experts handle the admin and maintenance of your asset in a professional manner.

Commercial property investors need to know where they stand with lenders and mortgage insurers too.

Are there property cycles? The commercial property cycle is more dependent on general economic factors than the residential market.

How do I locate the right commercial property? Work with a commercial property specialist because unless you are very experienced in commercial investment and have a substantial commercial property portfolio, it’s unlikely you will know what a tenant looks for in a good commercial or industrial property.

Am I ready for commercial property investment? The investment strategy works particularly well for those with a solid asset base and in the cash flow stage of their lives. It may also make a great investment in your self managed super fund (SMSF) if you have substantial equity in the property.

Being less familiar with commercial

help you along the path of rewarding

property than residential property -

commercial property investment.

whether a house, unit or apartment – should not be reason enough to be uncomfortable about investing in it.

Even being a first-time investor shouldn’t preclude you from investing in commercial or industrial

Sure, there are a lot of new terms to

property. The principles are similar to

learn and unfamiliar practices, but there

that of any property investment and

is a whole sector of experts who can

the results can speak for themselves.

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ON LOCATION

Rangitikei, North Island, New Zealand Where are we? The Rangitikei district is approximately 230km from Wellington. Mostly within the Manawatu-Whanganui region, a small part of the district lies in the Hawke’s Bay region. Centrally located between Palmerston North and Whanganui, it’s easy to make your way north to Lake Taupo and Auckland, or south to Wellington and further. Following the catchment of its namesake, the Rangitikei River, which is one of New Zealand’s longest rivers, the district covers over 4500 square kilometres and is home to the three main towns of Taihape, Marton and Bulls, and a number of villages including Mangaweka, Hunterville, Turakina and Ratana.

Lifestyle Rangitikei’s central location, proximity to larger cities and undeniably beautiful scenery make the district a popular destination for people from all walks of life. Each town in the Rangitikei district has its own personality and has a strong community spirit. Marton, the largest of the district’s towns, is unpretentious - ‘what you see is what you get’ - giving an oldfashioned sense of community. It is a thriving township with well-respected schools and an excellent location for business growth. There is always something to see and do around Rangitikei, from the internationally renowned Marton Country Musical Festival, Turakina’s Highland Games, Taihape’s Gumboot Day, Bulls’ Wear-A-Bull Arts and Hunterville’s Shepherds Shemozzle, to the many historic and architecturally stunning homesteads scattered throughout the district.

Market Marton and the greater Rangitikei district are a more affordable

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option for buyers than the larger surrounding cities and towns. This year the median house price in Marton was $319K, and wider Rangitikei district median $310K. Still an easy commute, the district is popular with retirees looking to downsize and move away from larger cities, and for first home buyers

being pushed out of the pricier Palmerston North and Feilding markets. Good, well-presented homes are in demand, as are townhouses, with the ‘doer-upper’ a rarity. New developments in Marton and Bulls welcome new home builds to the district. It is a good time to sell, with a lot of buyer interest and low listings.

Top things to do Carol Lewis, team leader of Team Lewis Team Lewis, RE/MAX Go For Sold is proud to live and work in the ever-evolving Rangitikei district. With such a strong community, there’s something for everyone and she suggests: • T ake a drive along splendid country roads enjoying Rangitikei’s picturesque landscapes, stopping to enjoy beautiful gardens and excellent hospitality at many of the heritage homesteads along the way. • E xplore the enchantment of secluded areas and stunning beauty anywhere in the district. • F ish at Moana Roa Beach at Scott’s Ferry, which is adjacent to the mouth of the Rangitikei River, or go for a stunning forest walk. • F or adventure seekers, the River Valley Lodge offers white water rafting, Grade 5 rapids, horse trekking and more. • H ave a round of golf at Rangitikei Golf Club, a great course if you are looking for a hit.

Property development starts with the right site Not all property investors invest with simply the intention of being a landlord.

David Cotterill, RE/MAX Experience Property, is one of Australasia’s leading experts in property strategy and delivery. He works on projects from concept to completion, with buyers, sellers, developers, builders, architects, town planners, surveyors, body corporate managers and solicitors.

Are you an investor with an interest in property development, always on the lookout for that ‘right’ property that delivers you a potentially profitable development site?

1. H ave your A-team in place. These are the people integral to a project’s success – from strategic planning to execution. They are the accountant, surveyor, town planner, architect, engineer, agent, builder, solicitor, real estate agent and body corporate manager. Be sure you have them all on your team.

Let’s say your start point is settling on a suburb for your development.

Step 1: Due diligence on local area Your plan is to understand the local council’s planning scheme and its willingness to allow developments to be undertaken. Review documents on the council’s website such as the DCP (Development Control Plan) and LEP (Local Environment Plan) guidelines. You may choose to meet with the council town planner. Through your research, you are seeking the council’s attitude to development and any proposed changes to current planning policy. Factors influencing development potential include zoning, height or density restrictions, open space requirements, minimum street frontages, side and front setbacks, heritage constraints, demolition restrictions, flood and fire controls, car parking guidelines, council levies and fees, and policy around established trees on the property. A property developer must undertake an awful amount of local due diligence long before starting to look for specific development sites.

His suggestions for investors with a view to developing are:

2. D on’t overpay for the site at the beginning as costs will only compound, reducing your profit. 3. K now the timing of other projects in the same market. Have a point of difference. 4. There will be speed bumps along the way. Developing is more like a game of Snakes & Ladders than Monopoly.

Step 2: Locating the site Now it’s down to the nitty gritty. • W ill the overall size, the length and the width work? • W ill a corner give better subdivision potential? • W hat’s on the site at present and is it of value (rental income while you get development approvals, for example) or is it going to cause a problem? (Heritage issues or requiring asbestos removal, for example)

• What’s the soil like? • What is accessibility to the site like? • Will what you have in mind marry well with the character of the neighbourhood? • H ow would you assess neighbouring properties? Are neighbours likely to welcome a new development. Have others in the street set a precedence? • Are there easements or covenants associated with the site?

• I s the site flat or is the slope in the right direction for sewerage and drainage? (may be costly if not)

With so many factors to consider

• Is the aspect okay?

property development is an area of

• Will utilities such as water, electricity, gas and telecommunications need upgrading?

specialisation. The person you need

• W hat obstacles are there? (including trees and power poles)

who can help you on the wealth-

when evaluating a potential development site, it is clear why

is someone who has successfully sourced, project-managed and completed development projects, creation path.

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Wearing my other hat

Proving that the talents and interests of property professionals are varied and fascinating.

Michele Hyde, RE/MAX Excellence, Townsville, Australia In 1977, Michele was crowned Miss New Zealand. In 1976, she was a university graduate with an Economics/ Marketing Degree and a job with the Department of Trade & Industry that paid $4476 per annum. She modelled part-time to boost her income and the agency entered her in the Miss Wellington pageant which she would win, go on to represent her region in the Miss New Zealand pageant and take the crown. She first toured New Zealand, then, on her 21st birthday, Michele found herself on a plane to London for the two-and-a-half-week-long Miss World pageant. She was asked to stay on, and along with the Miss World winner, Mary Stabin from Sweden, and Madeline Stringer from the UK, toured county shows crowning pageant winners all over the UK. She was then asked to chaperone a group of contestants in the 1978 Miss World contest. It was a whirl-wind year. Michele has now been in real estate for around 20 years, having had her first taste working in her father’s Hamilton real estate business during the school holidays. Her philosophy is, and has always been, if you are given an opportunity to do something, take it – even if you don’t think you’ve got all the boxes ticked.

Tara Lancashire, Pivotal Financial, Brisbane Tara owns two Icelandic horses, Fengur and Odinn. A regular eventer - riding Warmbloods, specifically Hanoverians - when living in Germany, she fell in love with the breed when introduced to it by a friend who was on the UK equestrian team. Icelandic horses are one of the purest breeds of horses in the world, descended from the horses brought to Iceland by the Vikings. They are strong, capable and goodnatured horses that stand at 12 to 14 hands. The Icelandic breed has five natural gaits – the walk, trot, tolt, canter and pace, with the tolt being unique to the breed and said to make an Icelander magic to ride. Tara bought her two geldings around four years ago from breeders in Victoria. They live on family property at Mount Mee in Queensland. Read more about Icelanders at www.icelandichorses.com.au/

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Josh Wereszczuk, RE/MAX Advanced, Bribie Island, Australia Josh juggles his role in video and photo editing, social media and print design in the real estate office with competitive cycling at a national level. He began cycling in Victoria a few years ago, initially just riding with his father, David, before getting into more serious training. He says his most memorable experience to date was winning a place in the Eildon Junior Tour. His goal is to keep bettering his performance, while still having fun.

Gemma Rowlinson, RE/MAX Stars, Pokeno, New Zealand This year Gemma is trekking Mt Kilimanjaro from 26th September to 6th October to raise funds for Worldwide Cancer Research. She’ll put on her hiking boots to take on the highest mountain in Africa, rising majestically from the Savanah lands of Northern Tanzania and soaring to a high of 5,895m. At the summit, she’ll experience the spectacular views and watch the sun set over the African plains. All the while, her thoughts will be on her purpose. She says “Worldwide research will enhance our understanding of cancer and help us find and develop better, more effective treatments. Research doesn’t happen in isolation. Scientists are linked together by an unflinching commitment to better understand cancer and how we can live with it.” Gemma needed to raise $7,000 to join the trek and as of 15th July she was 90% there. Go to https://www.justgiving.com/ fundraising/gemma-rowlinson or head to her Facebook page, @GemmaRowlinsonREMAX

Connor Jones, RE/MAX Real Estate Services, Cairns, Australia When the young property manager was signed up by the Featherstone Rovers in West Yorkshire, UK, his real estate principal, Tony Williamson, was torn. He was losing him as an employee but as Chairman of the North Queensland rugby league club, Northern Pride, Tony could feel nothing but pride for the young player and be thrilled on his selection. One of Northern Pride’s strategic goals is to help young players achieve their best in career and in life. The Club was formed to create a regionally based talent development pathway for players, coaches and administrators; and it competes in the QRL State competition and the Intrust Super Cup. Connor began his football career in the Queensland town of Emerald. He went on to play for the Easts Tigers and the Canterbury Bankstown Bulldogs before joining the Northern Pride in 2017. His game is now about to go to another level. Picture courtesy of Northern Pride

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Going By Jennifer E Kent

the distance

What can property owners learn from marathon runners?

It’s hard to think of a parallel to owning property, as everyone’s experience is different. Some people may buy multiple properties quickly, others may only ever buy one property, and some may never own property. In a way, this is a lot like people’s experience with, say, running. Some people run short distances, others long, for fun, or even professionally; and some people only ever run if they’re being chased! It may seem an odd comparison, but when you think about it, the process of owning property isn’t entirely dissimilar to running a marathon. How does that work? Consider these scenarios: It’s Saturday morning, you’re walking along to your local coffee place, ready to sit down at your usual table and enjoy that golden-brown goodness that is essential to your weekend plans. All of a sudden you see a big flurry of people with numbers on their shirts, lining up under a big arch jumping around and stretching, and you decide then and there “I could do that.” Next minute you’re 3km into a 42km race and you’re not sure whether this was a great idea. Is that a likely scenario? Probably not.

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Well, imagine while you’re on your way for your local coffee place you pass a sweet little cottage which has an inviting sign out front: “For Sale”. Are you likely to contact the agent and put an offer in straight away without any further information? While this scenario is possibly more likely than the former, for a smart property investor, it’s not an overly plausible one. The point is, when it comes to owning property, much like running a marathon, there is a lot of to consider before you even begin to think about taking those first few steps. Someone who is familiar with both these scenarios is RE/MAX Platinum’s Louise Nykvist. Not only is she an established real estate agent in the Brisbane suburb of Narangba, she is also an accomplished runner. And not just any old runner, Louise is an ultramarathon trail runner! Just to put that into perspective, a traditional marathon is set over 42.195km and an ultra-marathon is typically any distance over 50km. A trail run can be done on all kinds of terrains and comes with its own set of challenges, much like owning property. “Much like when you’re preparing to buy or sell property, there is a lot of planning and preparation involved before you get to the starting line,” says Louise.

If you go in blind - that is, without researching your market, fully understanding your financial position or having clear goals when it comes to your property - there are two things that can happen:

“You know coming into a trail that it will be a challenge and as much as you can prepare beforehand, you also need to prepare for those things that may not go to plan and adapt to that”.

One, you get lucky – you’re in the right place at the right time, everything falls into place and you’re onto a winning investment. Or two, you don’t get lucky – it turns out you’re the owner of an

Louise says preparing for an event and preparing for a sale/purchase is important, but equally as important is accepting that things may not go to plan and being able to adapt to that while keeping an eye on your own end goal. “There’s a lot that can happen along a trail and while the preparation puts you in a good position, it can’t always prepare you for what can happen along the way,” she said.

“If something goes wrong, you just need to change your plan and keep working toward the finish line.” The same can be said for property owners. As we’ve seen in recent years, the market can change quickly and sometimes it’s not always in the property owner’s favour. Being able to adapt to changing markets and continuing to focus on the long-term

goals of investment is an important lesson to be learned. You could liken getting a stitch to a fall in housing prices – it may slow you down a bit in reaching your goal, but it won’t last the whole race. As a runner paces themselves for several hours to cross the finish line, property owners should also be prepared to pace themselves to see their own property’s growth, whether it be in reducing their home loan, building equity or improving their re-sale. For Louise, she says crossing that line, regardless of whether you’re the fastest or not, is the ultimate goal. Whether it is an investment property, a first home or your retirement home, chances are that somewhere along the way you’ll have to stop, breathe and refocus on the end line - be it the finish line or the signature line.

underperforming investment and you get locked into something that’s not in your best interest. The realty of buying and owning property is a lot more calculated than hoping your property will give you a good return in the long run. Much like a marathon, how you prepare and manage the first stages of the race will put you in good stead for achieving the ultimate goal – crossing the line.

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THE EDGE Real estate agents today cannot afford to be ‘average’. In the business of helping sellers sell homes and buyers buy homes, an agent’s future is in delivering exceptional services. People’s experiences and the relationships you build with them… that’s the ‘people matter’ in RE/MAX. And in a network of exceptional agents, there are those whose initiatives are extraordinary – giving them ‘the edge’. Introducing…

RE/MAX PREMIERES

Here’s how they rolled…

For four years now, Martin Hood and his teams at RE/MAX Riverside in the Brisbane suburbs of Graceville and Seventeen Mile Rocks have held an annual cinema event.

27 September 2016: Love, love me do: Invited guests loved The Beatles show

The occasion is his Exclusive Client Appreciation Film Night. He’s held eight to date with the 2016 event being his first under the RE/MAX brand. The venue each year is the Regal Twin Boutique Arthouse Cinema in Graceville, where Martin has exclusive advertising rights. He takes the cinema’s advice on movie premieres so the event date can change from year to year. The very first premiere screening was Best Exotic Marigold Hotel, which proved a great ‘feel good’ movie for the audience. This is a ‘by invitation only’ show to thank RE/MAX Riverside’s loyal client and strategic partners. Each year, Martin invites approximately 200 past, present and potential clients, suppliers and local community members with connections to the office. “People are eager for their invitation each year as the event gives us the opportunity to all get together socially and talk about the market and how we can help each other, while enjoying the brilliant film offering itself.” He says having a complex like the Regal Twin Boutique Arthouse Cinema as part of our community is a great advantage and RE/MAX Riverside’s involvement with the local cinema impacts positively on his office profile.

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More than 120 guests joined the team at RE/MAX Riverside for the premiere week screening of Ron Howard’s latest film, ‘The Beatles - Eight Days a Week – The Touring Years’ on 21st September. The guests enjoyed a relaxed and entertaining evening with an hour of hors d’oeuvres and refreshment at the start, a brief welcome and ‘lucky seat’ prizes through to the movie’s end. “The feeling after The Beatles was something else. You could tell that it had been a great night and there was a definite buzz in the air.”

8 November 2017: Early train for RE/MAX special cinema guests Just shy of 200 invited guests were privileged to a World Premiere Screening of Murder on the Orient Express on Monday 6th November. The film, based on Agatha Christie’s 1934 novel of the same name, was scheduled for release by 20th Century Fox in Australia, as well as United States and Canada, four days after the Exclusive Client Appreciation Film Night. Murder on the Orient Express stars Kenneth Branagh as Inspector Poirot. A lavish train ride through Europe quickly unfolds into the thrilling mystery of thirteen strangers stranded on a train, where everyone’s a suspect and the Inspector must

race against time to solve the puzzle before the murderer strikes again. Branagh’s co-stars include Judi Dench, Johnny Depp, Penelope Cruz, Michelle Pfeiffer Willem Dafoe, Derek Jacobi and Daisy Ridley. The personal invitation also treated the guests to hors d’oeuvres and refreshments to celebrate the screening, along with a photobooth opportunity. 27 August 2018: Agency shows appreciation with premiere screening More than 150 invited guests enjoyed a premiere screening of the movie, Book Club, on Wednesday 22nd August, courtesy of RE/MAX Riverside.

Book Club stars Diane Keaton, Jane Fonda, Candice Bergen and Mary Steenburgen as four friends who read Fifty Shades of Grey as part of their monthly book club.

The RE/MAX Riverside team, from its

The night began with drinks and canapes for guests, and, in keeping with the movie’s theme, had a prize draw, awarding winners with red wine and copies of Fifty Shades of Grey.

gear prior to the start of the film.

20 June 2019: RE/MAX Riverside launched Rocketman at client event Martin secured an advanced screening of the Elton John biopic, Rocketman, for his eighth annual client appreciation event on 20 June this year. More than 200 guests packed the cinema for the first ever Australian screening.

Graceville and Seventeen Mile Rocks offices, served food and wine to guests on arrival, then strutted down the aisle decked out in Elton John

A further surprise for guests was the karaoke version of Rocketman that Martin had secured, which lit up on the screen and started a ‘pub choir chain reaction’ as laughter and song filled the cinema. “Everyone was talking about this year’s RE/MAX Riverside event being the best one yet and that they can’t wait to see what the team has in store for them next year,” said Martin, “but then again, they say that every year.”

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PANTONE colour of the year 2019: Living Coral

Spring

The biggest name in colour is possibly Pantone, which releases an annual ‘Colour of the Year – more to do with shades than a single colour and said to be forecasted two years out. A favourite paint brand, Dulux, has its ‘Colour Forecast’, a yearly round up of what will be on trend in the foreseeable future, and which is considered remarkably accurate.

touches When you are selling in spring, the most agreed upon suggestions for home presentation are spring cleaning, de-cluttering, gardening, repairing and styling. Cleaning is obvious but sparkling windows and glass work, freshsmelling carpets and curtains, and gleaming timber really do brighten everyone’s mood. An uncluttered house looks more spacious and inviting. Plus, there’s a lot of your work done when it’s time to move out after you’ve sold. Springtime in the garden… no more needs saying! Make the most of your outdoor spaces to appeal to buyers. Don’t create a bad impression through rust, peeling paint, chipped walls, creaky floorboards and damaged finishes. The sale price generally does reflect a property’s state of repair – or disrepair. If you don’t turn to the professional stylist, at least go online and get ideas on how to best set up each room. The weather often creates an infectious spring fever that can appear to work its magic on buyers. Have you thought of these simple ideas for staging your property in spring?

• Don’t just make the bed, make it a showpiece. Tip: a layered look works better than obscuring it with pillows and cushions.

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• Display beautiful towels. Tip: Rolled white towels are reminiscent of a five-star hotel. • H ave a vase of fresh cut flowers. Tip: Don’t overdo this! reate interest and warmth with an • C attractive throw rug. • G o posh with a bar cart. • F eature eye-catching artwork. Tip: DEFINITELY don’t overdo this! • M ake a good first impression outdoors as it’s the first thing to be seen. • P ut a fresh coat of paint on the front door. Spring can also turn a homeowner’s fancy to renovations. Among the most popular are making kitchen improvements, adding new window furnishings, updating timber flooring and resurfacing driveways. New benchtops can really bring a kitchen together, while bifold or pivot windows are popular. Built-in grills and pizza ovens are hits in outdoor kitchens. According to one contemporary design and lifestyle specialist, Philip Fimmano, these were the trends we’d be looking at in 2019. How did you fare?

erracotta would be the new kid on • T the block. • Concrete would be the go,

transforming kitchens, bathrooms and shared open spaces. • T exture and textiles, including the hanging of textile art, would be a continuing theme. • Rounded edges and organic shape would be more prevalent. • T errazzo would have a major revival and merge with other materials such as concrete. • B otanical linen pillows would be in vogue in summer (velvet for winter), as would wicker furniture and rattan mats. Made-to-measure wallpaper would allow us to ‘landscape’ our interiors. • W e’d see the return of the indoor plants but grouped in one place rather than spread throughout the house. • A fter the kitchen, the bedroom would become the new room of focus – as a place to lounge, rest, work, read, text and catch-up on screen-time. The home office would become less ‘officious’ and the living room reinvented . It is even possible to find people forecasting interior design trends for 2020 and beyond. One prediction is that the ‘upcoming 2020-2021 season will bring greener and more sustainable initiatives’.

Lots to love about auctions There is more than one reason for attending a property auction. Buyers and sellers are doing their market research, checking out the crowds and what people are bidding, or just simply getting comfortable with the whole auction scene. Sellers still yet to list may be weighing up auctioneers and marketing agents. Buyers may be there to bid. Sellers may be hoping their property sells under the hammer. Buyers and sellers use auctions to gauge the prices and value of properties. Auctions are the business of real estate; yet, there is another side to auctions. They are also entertaining. A good auction has anticipation, excitement, action and hopefully, euphoria. It can be quite a social occasion, with friends and acquaintances talking about the property market. It’s fair to say that most successful auctioneers have a sense of showmanship. Their personality shines; and with the fast-paced nature of auctions, they can think on their feet and be quick-witted.

Why take my property to auction? • M arketing is very focused and gives a property high profile while attracting the broadest possible buyer audience. • T he seller has market-derived feedback, is the decision-maker on price and has greater control over the selling process, in general. • A reserve price protects the seller. • A sense of urgency in an auction promotes buyer decision-making, and bidding brings genuine buyers. Competitive bidding helps achieve maximum sale price. • T here’s the certainty of unconditional sale.

Why bid at auction? • In the professional’s hands, the auction process is the most transparent and fair negotiation process for buying property. • A ll research can be done prior to the event, including organising finance, so the buyer is purchaseready on the day.

There are a myriad of reasons why buying or selling at auction for buyers and sellers alike - is beneficial; but in my personal experience as an experienced auctioneer, former auction agent and seller of three of my own homes using auction as the method, the most significant benefits would be the transparency, certainty and peace of mind for both parties. Dene Tucker, RE/MAX Auction Services

• A n auction gives a deadline, buyers see their competition in action, which makes it easier to make decisions. • T he successful bidder owns the property; it is finite. The highest bidder has a chance if the property is passed in; and if the property doesn’t sell under the hammer, bidders are in a knowledgeable position to make an offer. With their defined timeframe, auctions attract people who are serious about buying and selling. In an auction program, the potential buyers are genuinely looking at the property itself without the focus being on a price. When an auctioneer announces: ‘The property is on the market…’, all is laid bare and one price will win the property. At auction, buyers and sellers are together in a transparent and public negotiation process; and the buyerfocus means a property is likely to sell even if it is passed in.

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ON LOCATION

Toowoomba region

(including Crows Nest and Withcott), Queensland, Australia

Where are we? Located just over 100km inland from Brisbane is Queensland’s largest inland city, Toowoomba, a major centre for the Darling DownsToowoomba region. Driving through the tree-lined streets of the regional centre, you find a charming mix of old colonials and beautiful natural gardens with all the modern facilities of a major city. Keep heading north-east along the New England Highway for approximately 40 kilometres and you will find the laid back town of Crows Nest. Toowoomba Wellcamp Airport is the gateway airport to a region that covers a vast expanse, including the welcoming town of Withcott located approximately ten kilometres east of the Toowoomba CBD at the bottom of the range.

Lifestyle The Toowoomba region boasts a wonderful and relaxed lifestyle. The city of Toowoomba is very much a family-friendly city, with plenty of schools, parks and year-round events. For a quieter lifestyle, Withcott has a strong community spirit often lost in more populous areas. With blocks no less than 3/4 acre, Withcott offers residents a quiet country lifestyle on Toowoomba’s doorstep. Outdoor living, country air

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and friendly neighbours make for a relaxed Crows Nest lifestyle. From exploring stunning national parks and waterfalls, fishing and camping to relaxing in town at the local cafes and pub, there’s always something to do in Crows Nest.

Market The Toowoomba region has undergone huge growth over the last decade, with major infrastructure and construction making a big impact in recent years. The Toowoomba bypass, which is near completion, has steadily brought buyer interest in purchasing in the region, particularly

in Withcott, with average house prices increasing to $430K. Median house prices are currently sitting around $375K in central Toowoomba upward to $500K in Highfields. There has been steady interest in Crows Nest, with plenty of enquiry and excellent rental return for investors. Town blocks average between $250K and upwards of $350K, with acreage starting from around $450K. While there has been a general slowness to the market, acreage has been less affected by the downturn. But while prices are holding, activity is down.

Things to do There are many beautiful places to visit in the Toowoomba region. Withcott’s Leigh Hair (RE/MAX Local Specialists), Toowoomba’s Daniel Burrett (RE/MAX Success) and RE/MAX Country’s Kevin Perry of Crows Nest suggest visitors experience the best of the region by enjoying: • A country drive through the Lockyer Valley, stopping at the Withcott Hotel for lunch, before continuing up the range enjoying views of the countryside. • T ime spent at the top of the range, where Picnic Point lookout in Toowoomba sits 700m above sea level and offers stunning views east of the city toward Brisbane. • T oowoomba’s Carnival of Flowers, which is a must when visiting the region in spring. • A leisurely day-trip to Crows Nest, stopping at any of the beautiful wineries along the way.

Turning the lens on the rental Every picture tells a story, so why not let your investment property tell a great one with beautiful imagery. When it comes to attracting the right prospects to your property, first impressions matter. This first impression isn’t made when they first step through the door, nor is it made when they pull into the driveway. In fact, it’s likely they wouldn’t even be there had it not been for the images they have seen in the property’s advertising (whether it be online, print or in a real estate office window). Thanks to the power of technology and the internet, potential tenants can view multiple properties in a short period of time without ever leaving their home, just as buyers do. Quality imagery, whether it be still photos, 3D technology or video are a valuable but sometimes under-utilised marketing strategy when it comes to promoting rental properties. Engaging with potential tenants through the use of good quality images is likely to have a positive impact on the rate of enquiry a property receives. Tenants are more likely to visit an open house if their first impression of the property is a positive one; and, according to a survey conducted

by rent.com.au, 70% of renter respondents said a property’s photos were the number one decider when it came to searching for a rental property. Photography is widely accessible but, as a property owner, you want the outcome to work for you by showing off your property in its best light. Quality or quantity – a few great shots will help to highlight the best features of a property. Low quality photos, regardless of the number of them, still won’t ‘wow’ whoever is looking at them. Good lighting is important – the time of day, weather and type of lighting can make a big difference. Experiment with framing shots and angles as these can help to enhance the size of a room.

plan helps prospects to understand the layout of a property and is a welcomed feature. Aerial shots/drone footage – these can paint the picture of a property in relation to what is surrounding it, for example shops, parks, beaches etc. They can also promote certain aspects of the property, depending on the angle. The difference between a quick photo taken on your phone and a professional shot of your property can be considerable. Granted, the quality of camera phones on the market these days is impressive, but the skill involved in reflecting your property’s key features in a photograph and/or video can

Clean and de-clutter – this goes for both the internal and external of a property. Minimal styling or unfurnished are generally considered best. Lifestyle shots are best used only when the property marketing is ‘selling’ a certain lifestyle.

sometimes be missed with DIY.

Floor plans – there’s not necessarily an art to this, but including a floor

the primary goal when it comes to

Quality imagery, whether it be photography or video, will be able to capture your property in its best light and drive traffic to view your property, which is, after all, finding the right tenant or buyer.

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Why wait until after settlement? Once you have bought a house, chances are you can’t wait to move in, for any one of a number of reasons, ranging from excitement to a timing need because you are vacating other premises.

buyer moves in, something that was fine the day before breaks, leaks or malfunctions?

Who’s liable? The seller is liable for the buyer’s belongings and any damage that these incur UNLESS there is a written pre-occupancy or lease agreement in place, as well as proper insurance coverage established on behalf of

You want to move in as soon as possible, but when does this actually mean?

both parties.

Settlement marks the time when the buyer legally owns the property.

Once a buyer has access to what

As tempting as it is, it is best not to make that move until after settlement – of yourself and/or any belongings; and the reasons for this are as valid for sellers as buyers.

Let’s get into it will soon officially be their home, they are often very keen to make improvements or changes. So, the buyer is spending money on a property they don’t own, the seller is likely liable… and remember Murphy’s

And here’s what you may be avoiding:

Law! Nobody’s going to be injured

Murphy’s Law

sever plumbing and flood the place…

Murphy’s Law is a popular adage that says ‘anything that can go wrong will go wrong’, which originates from US aerospace engineer Edward Murphy Jr (1918 - 1990). So, what happens if a buyer moves in before settlement and the buyer’s things disappear in the middle of the night or come to mysterious harm? Or the day after a

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falling off a ladder, or accidentally are they?

Fear factor It can happen… the buyers, now they are actually in the home day and night, change their mind about liking it, they get a bad case of cold feet about buying, or they see something they think is ‘better’.

Finance back-flip Of all the ‘what-ifs’, this is possibly the most unfortunate. Although the buyers had been pre-approved for a mortgage and were super-confident, something happens and they no longer qualify for the loan. And it can go from bad to worse here if the buyers want to rent but the sellers want them out because they want to sell. In the worst-case scenarios, eviction and property damage have occurred. Agents handle some tricky questions from buyers and sellers, and the question of ‘when’ is one of them. ‘Would it be possible for us to put a few things in the house just before settlement?’ Invariably comes up: Or, if the seller is not living in the house, the buyers might ask to take possession a few days or weeks before closing. The agent might want to say ‘okay’ because they genuinely want to help out the buyers whose lease is up or are in a better position to move prior to settlement; however, through experience, agents know that allowing a buyer to move in anything, let alone themselves, prior to settlement is an unnecessary risk that is best avoided.

Yard

work

What you do outside your house can have as much impact on buyers, and on tenants, as what you do inside. If you want your home to look inviting from the get-go, start looking at it from the outside in. What does the footpath look like? Can you improve it by greening it up, clearing weeds, pruning and planting? Gates, fences, your letterbox and street number are all worth your attention. We love our balconies, courtyards and gardens where we can relax and entertain. If your property is big enough to have a spacious backyard, there are a few things you can do to boost appeal for its possible future residents. According to the 2019 Adbri Masonry Great Australian Backyard Survey, almost 70 per cent of respondents said they were planning to add to, or renovate, outdoor spaces this year. It is possible to do a mini-makeover around your garden. The aim is to spend a minimum amount of time and money on the improvements while creating beautiful, lowmaintenance gardens and useful spaces that any resident will love.

for the user, create an area that is weather-proof or at least weather resistant. Water features and statues go in and out of favour but can be effective in creating ambiance or a ‘wow’ factor. Solar lights are a cost-effective way to add a special touch. They can define paths, hang and shine a spotlight on features. Growing your own food is in favour, so what about a vegetable garden that is built to double as seating when it’s scattered with colourful cushions.

The Adbri Masonry survey found that 52 per cent of respondents intended to live in their current property for 10 to 20 years. Though there was a focus on owner-occupiers, the survey also indicated that future residents may appreciate the ability to add or change elements.

When thinking about how a future owner or tenants will see your outdoor area, take into consideration that their needs are likely to evolve over time. The best backyards can evolve with a family’s changing lifestyle. For example, be mindful of blocking off areas as future residents may want to add a pool or a barbecue area. Another example is a children’s sandpit, which can become a vegetable garden then potentially an entertainment space with a fire pit. An outdoor area may have only a single renovation over the life of the property, so do it once and do it well. Investing in good design and hardwearing materials stacks up. If you own an investment property, there may be depreciation deductions that apply if you add an alfresco area or an outdoor structure. Outdoor projects can represent great investments, not only adding value to the property and attracting buyers but in attracting good tenants and rental yield too.

Start by cutting back any overgrowth to expose more plants, shrubs and great vistas. This will also let more sunlight into garden areas so you can introduce seasonal colour, not to mention probably letting more light into the house itself. Get rid of anything dead or struggling. Plant colourful blooms or foliage plants. For garden ‘dead spots’, consider decorating pots to plant up and brighten the scene. Create a perception of low maintenance so don’t complicate the yard with multiple components that shout ‘hard work’ or expensive upkeep. With the popularity of outdoor entertaining, a paved or decked outdoor area is almost a necessity; and if you want to add real value

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ON LOCATION

Invercargill, South Island, New Zealand Where are we? Invercargill (Waihōpai) is the country’s southernmost city and one of the southernmost cities in the world. It is the commercial hub for the southern region and lies in the heart of the Southern Plains, its streets lined with Victorian, Edwardian and Art Deco heritage buildings. Positioned by the Waihopai River estuary, the city is fondly named the ‘city of water and light’, with the ‘light’ referring to the long summer days and aurora Australis (Southern Lights), which are commonly seen here. While the city is spread out, it is easy to navigate thanks to its wide grid-like planning. It is surrounded by rich farming land, bordered by conservation land and marine reserves.

Lifestyle Invercargill is a beautiful place to raise a family, with good schools, a beautiful landscape and a strong community spirit. This, coupled with affordable living, is largely what attracts people to the family-friendly city. Everything you need is in central Invercargill, but the larger city of Queenstown is only a few hours away. It is a safe community to bring up kids – the kind of place where everyone knows their neighbour. With the beach close by and many walking/riding tracks and beautiful

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parks, warm summers and cool winters provide perfect conditions for outdoor activities. Invercargill is a vibrant city, with a strong history and modern amenities, where residents can choose to enjoy a slower relaxed lifestyle or experience the rush of adventure.

Market The market in Invercargill has risen significantly in recent months but, with affordable house prices is still attracting people to the city. Median house prices have risen by 20% during the June quarter, with

entry level family homes selling for around $300K and larger lifestyle homes selling upwards of $500K. With larger blocks available and affordable land prices, many people are choosing to build in newer developments. Affordable housing prices, low interest rates and the high percentage of cash buyers mean properties on the market are moving quickly. Thanks to its family-friendly lifestyle, families and first-home owners are the majority buyers, but there is also a steady investor market.

Things to do Having grown up in Invercargill, leaving only to return to raise her own family some years later, Nyressa Vincent of RE/MAX Pride, with offices also in nearby Queenstown and Gore, says Invercargill has an abundance of things to see and do. She suggests: • Q ueen’s Park for its abundance of beautiful gardens, fountains, bush tracks, playgrounds and golf courses. • W hile Invercargill’s historic beauty can be seen throughout its streets, a visit to the iconic red-brick water tower, built in 1889, is a must do. • B ill Richardson Transport World is a must for car lovers. Have lunch at ‘The Grill’ while you are there. • V isit Oreti Beach during the warmer months.

Vehicles of RE/MAX

From cars and boats to semi-trailers, with courtesy trailers and barbecues to coffee vans, the RE/MAX brand is seen out in communities, on roads and on the water, across Australia and New Zealand.

s This Ford Fiesta from RE/MAX Ignite is always out and about in Brisbane’s western suburbs.

s Vicki Ford from RE/MAX Victory says her BMW X3 is affectionately known as ‘the zebra’ because it stands out like a zebra in a field of horses. The number plate is also distinctive.

s This KIA Rio joined the RE/MAX Riverside team in June and quickly became a familiar sight driving around Brisbane’s western suburbs providing excellent service in property management.

A recent refresh to modernise the RE/MAX branding was the perfect excuse for offices and agents to get active in updating marketing and promotional items. Not everything can happen at once but it’s exciting to see the new look appearing almost everywhere now – even on the ‘big ticket’ items that can take longer to change over. Josh Davoren, Marketing Director

Simon Salm’s cheerful courtesy trailer is a hit with the residents of the Brisbane bayside suburbs. This is a free community service for anyone in the community. It is used for anything and everything from gardening to de-cluttering, and is as easy as calling 1800 4 SIMON (1800 4 74666 free call) and letting the team know when and how long it’s needed for. Karen from the Simon Salm Team will even help with hooking up the trailer when she collects the borrower’s licence details and be there for its return.

s “We’ve had our courtesy trailer for almost three years and is available to anyone in the community, they don’t have to be a current or past customer. It’s rarely at the office, but it’s often seen on social media. People borrow it for an hour, a weekend or a month, whatever they need. There are no restrictions. You just need a tow bar to hook it up to. It’s been borrowed by a family that bought a cubby house that wouldn’t fit on the car’s roof racks. Then there’s the locals who had family out from the UK and couldn’t fit all the luggage in the car when they all went to the Sunshine Coast for a holiday. And the usual spring cleaning and dump runs. I get to use it myself on occasion!” - Adam Workman, RE/MAX Ignite

s Don Ha certainly doesn’t do things by halves. He’ll advertise your development across the country in more ways than one, including on a semi-trailer RE/MAX Revolution.

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s RE/MAX Regency has a magnificent fleet of more than 20 branded vehicles zipping around all over the Gold Coast. They are different makes and models but predominantly white. All the property managers and 90 per cent of the sales team drive them.

s RE/MAX Stars opened with pizazz and the chance for customers to win a Honda Jazz in a 12-month competition launched on day one. “We bought an amazing blue Honda Jazz RS Sport from Honda Pukekohe and anyone who lists, sells or buys might be the winning name drawn on 1st June 2020.” – Lisa Walden, RE/MAX Stars

s The Hyundai Tuscon is the trusty set of wheels assisting in getting RE/MAX Apex’s, Tracy Corneal across Te Kauwhata to put up sold stickers.

s Ben and Nola Kloppers have taken RE/MAX to the waters of New Zealand with their Buccaneer 685 extreme boat powered by a 225 Yamaha 4-stroke engine. The family sleeps on it out on it in Kawau Bay and they cruise over to Great Barrier Island (NZ). Their children fish and dive…and they meet up with mates. It’s a great lifestyle with RE/MAX!

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s “We sponsor a speedway car, a Sprinter, which races at various tracks on the east coast of Australia. Karl Hoffmans is the driver, and his father, Clem, used to race it before him. We actually sponsor the whole rig, including the semi-trailer that transports it and crew. We get excited watching it race, but it is a bit like being part owner in a racehorse – you do it more for love than money.” - Colin Jeffery, RE/MAX Colonial

s “I run a weekly Facebook promo, ‘Jeremy Crosland Track Me Tuesday’. I park Smarty somewhere around Palmerston North or at a local business and people comment where they think Smarty is. I only realised how big this had become when a lady came up to me in a shop and said, ‘You’re at Melody’s New World supermarket’. I was puzzled for a second before I realised that she was referring to Track Me Tuesday. I’ve owned the first Smart Car for just over two years and recently Casey Jensen bought my old one. Now we have two that are vinylwrapped exactly the same. Because they’re so small and fun, we are waved and smiled at a lot during the day. The best thing is that they only cost $30 to fill and last a whole week of driving. Plus, you can park them anywhere. I often joke that I have to watch how much I have for lunch, or I won’t be able to get back into it!” Jeremy Crosland, RE/MAX Go For Sold

s “My kids love to travel in my 1972 T3 bay window Kombi so I do use it quite regularly. We’ve had it for about 12 years. It’s always at our promo events; and you are right, it is a bit of a head-turner cruising the Northern Beaches of Sydney.” Jason Martin, RE/MAX Property Specialists

And then there are the iconic balloons… Gold Coast launch of the new hot air balloon Soaring high above the Gold Coast was a basket full of RE/MAX faces when a newly branded balloon launched in June this year. The new balloon joined one of the largest fleets of hot air balloons in the world. On board for the 5am take-off from the Mercure, Palm Meadows, were Joel Davoren, Director, RE/MAX Australia; Jasmine Revfeim, RE/MAX Australia; Justin Miller and Janene Sharpe, RE/MAX Regency; Danny Woolbank, RE/MAX Property Centre; Lisa and Kevin Brown, RE/MAX Coast; and Charlotte Sonter, RE/MAX Transact. The balloon is one of two RE/MAX balloons operated by Balloon Aloft Gold Coast and the first with the stunning new branding. Balloon Aloft is one of Australia’s longest running hot air ballooning companies, flying for over 20 years, and is the only one to fly over the spectacular sites of the Gold Coast and hinterland. To see the high-flying adventurers: rem.ax/2H3XNjD

GLOBAL SKIES: RE/MAX balloon by the numbers

/MA X balloon flew

1978 Year the first RE tries where the 27 Number of coun flies

Ballooning takes RE/MAX® to New Zealand skies Balloon Promoters Ltd is New Zealand’s leading supplier of specialist promotional balloons. There is only one RE/MAX balloon in New Zealand and it’s operated by Chris and Wendy Bransgrove. It flies at many events across any given year, with the main spectacles in in Hamilton (Balloons over Waikato); in Masterton, Carterton & Martinborough; and in Horarata just out of Christchurch.

lloon RE/MA X hot air ba t air balloons in the 120 + Number of ho e fleet (largest fleet RE/MA X worldwid in the world) ds, of a typical 750 Weight, in poun RE/MA X balloon l c feet of the typica bi cu in e m lu Vo 90K velope largest RE/MA X balloon en ons in the world. fleets of hot air ballo

RE/MAX Europe provided these superb photos taken in the winter at Châteaud’Oex, Switzerland, and in the summer in Dresden, Germany.

The Bransgroves recently featured in KiwiFlyer, the magazine of the New Zealand Aviation Community, where it was reported that first place at the 2019 Wairarapa Balloon Festival went to Chris Bransgrove from Hamilton flying ‘RE/MAX’. The RE/MAX hot air balloon also featured in the evening news coverage of TV1 and TV3.

During the 2019 Hot Air Balloon Fiesta in Lubao, Philippines, the RE/MAX balloon took its first-ever flight in Asia! The RE/MAX Philippines balloon joined one of the largest fleets of hot air balloons in the world.

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View magazine - Spring 2019

Articles inside

Yard work

Why wait until after settlement?

Turning the lens on the rental

The edge

Property development starts with the right site

On location – Toowoomba region, AU

Lots to love about auctions

Spring touches

On location – Rangitikei, NZ

Demystifying commercial property investment

Distractors in a real estate market

How low can mortgage rates go?

Welcome to the property market, millennials

Reasons for renovating

The job scene

Off-the-plan

Selling for the very first time

The attraction of school catchments