Western Property 10 June 2022

FOR THE HOME OWNER, THE HOME SELLER AND THE HOME BUYER

ISSUE 401

Western Property Your complete guide to real estate in western Sydney

ON THE RISE GROWTH IN LOCAL SUBURBS SEE PAGE 3

LATEST REAL ESTATE LISTINGS

CHECK OUT OUR BUY OF THE WEEK

OPEN HOMES & RENTALS GUIDE

SEE INSIDE

SEE PAGE 9

SEE PAGE 13

Put Our Winning Team to Work For You Phil Haley 0412 355 020

Litsa Meleti 0466 969 164

Gizzelle Powell 0428 934 618

Paul Tanner 0410 587 553

Peter Parker 0408 432 998

Victor Borg 0439 755 081

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NEWS FEATURE

“IT’S A SELLER’S MARKET” EXPERT WEIGHS IN ON PROPERTY SALES Despite a slowdown in the Sydney property market, some local suburbs are likely to keep growing in the next six months.

The quarterly Shore Financial State of Sydney Report divides Sydney’s 600-plus suburbs into five quintiles, based on their current median asking price for houses before picking the top five suburbs in each quintile.

In the ‘Working Class Sydney’ quintile Emu Heights and Cranebrook grabbed the number four and five spot behind Mount Pritchard, Lurnea and Currans Hill.

Shore Financial CEO Theo Chambers said the report comes with the property market now in a downturn.

“After an incredible 18 months, there’s no doubt the market has slowed in many parts of Sydney, with prices going backwards in quite a few suburbs,” Mr Chambers said.

“The Penrith region is very much a seller's market right now, and unlike in many other parts of Sydney, conditions have actually moved further in favour of sellers in recent months.”

Western Property ISSUE NUMBER 401

Western Sydney Publishing Group

Mr Chambers said the suburbs listed have two things in common – low inventory levels and low days on market.

“In the Emu Heights house market, inventory levels tightened from a very low 1.5 months in February to an even lower 1.2 months in May,” he said.

“Vendors have taken note, with EDITORIAL CONTACT Troy Dodds • 4722 2998 troy.dodds@westernweekender.com.au

the median listing price increasing from $875,500 in February to $910,000 in May, an increase of 3.9 per cent.”

Life has also become harder for buyers in the Cranebrook housing market.

“In February, inventory levels were an extraordinarily low 1.0 month, yet, somehow, by May,

they'd fallen even further, to just 0.9 months,” he said.

“Vendors responded by hiking their listing prices during that three-month period, from $828,450 to $853,300, an increase of 3.0 per cent.”

The median house price in both suburbs is forecast to grow three per cent over the next six months.

SALES DIRECTOR ARTWORK Chris Pennisi • 0421 121 985 Brooke Noha • 4722 2998 chris.pennisi@westernweekender.com.au artwork@westernweekender.com.au

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3

Outer Western Sydney OPEN HOME

OPEN HOME

46 Tarawa Road, Lethbridge Park

View Property

View Property

Calling All Investors/First Home Buyers!

• 3 great sized bedrooms with BIRs • Parking for 3 cars inside the fenced front yard • Recently refreshed • Water tank • HUGE 677sqm block • Potential for a granny flat (STCA) • Rental potential of $370-$390pw

12/54 King Street, St Marys

3

1

3

$679,950 - $719,950

• Great investment opportunity • Close to local shops, schools & transport • Security system • Floorboards throughout • Beautiful kitchen with gas cooking & dishwasher • Underground security parking • Rental return up to $370 per week

INSPECT Saturday 11th June at 3:15pm - 3:45pm ADDRESS 46 Tarawa Road, Lethbridge Park CONTACT Professionals Erskine Park 9834 3555 Angelo Mavris 0425 361 696

OPEN HOME

• 500m2 block • Great outdoor entertaining area • Rental potential of up to $580 per week • Renovated kitchen with gas cooking • Natural gas fireplace • Located in a tranquil and peaceful location • Large double garage, with space for a loft

View Property

OPEN HOME

19 Vincent Street, Mount Druitt

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Invest Or Move To Mt Druitt • 3 bedrooms all with built in robes • Split system air-con in the large living area • Renovated electric kitchen • Internal laundry • Single lock-up garage • Large front & backyard • 715m2 block

2

1

$399,999 - $429,999 INSPECT Saturday 11th June at 1:30pm - 2:00pm ADDRESS 12/54 King Street, St Marys CONTACT Professionals St Marys 9673 4422 Rob Masters 0414 281 291

43 Alston Street, Glenmore Park

Welcome To Your Own Private Oasis

OPEN HOME

2

Play Your King St Card In St Marys

3

1

4

$899,950 - $949,950 INSPECT Saturday 11th June at 11:30am - 12:15pm ADDRESS 43 Alston Street, Glenmore Park CONTACT Professionals St Marys 9673 4422 Jessica Grant 0418 745 442

2 Burford Street, Colyton

View Property

3

1

Classy In Colyton On A Corner Block

1

Contact Agent INSPECT Saturday 11th June at 12:30pm - 1:00pm ADDRESS 19 Vincent Street, Mount Druitt CONTACT Professionals St Marys 9673 4422 Rob Masters 0414 281 291

• 2 x air conditioners • Entertaining area • 2-3 tandem garage • Close to amenities • Fully fenced corner block • 682sqm block • Rental potential up to $550 per week

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2

2

$889,000 - $939,000 INSPECT Saturday 11th June at 11:30am - 12:00pm ADDRESS 2 Burford Street, Colyton CONTACT Professionals St Marys 9673 4422 Rob Masters 0414 281 291

professionalsouterwesternsydney.com.au WW45692

4

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Outer Western Sydney OPEN HOME

OPEN HOME

15/9-13 Rodgers Street, Kingswood

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View Property

2

Invest In Kingswood, Smart Idea

1

1

INSPECT Saturday 11th June at 9:30am - 10:00am ADDRESS 15/9-13 Rodgers Street, Kingswood CONTACT Professionals St Marys 9673 4422 Rob Masters 0414 281 291

16/51-53 King Street, St Marys

• Large kitchen with stainless steel appliances • Living room with wall of storage cabinetry • Two private under cover balconies • Two allocated tandem car spaces (27m2) • Secure complex with elevator access & intercom • Currently tenanted for $415 per week • Close to all amenities

OPEN HOME

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2

2

• Located in a lovely location • Entry foyer • 3-way bathroom • Rear covered area • Long lock-up car accommodation • 629m2 block • Rental potential of $480 per week

INSPECT Saturday 11th June at 10:30am - 11:00am ADDRESS 27 Catalina Street, North St Marys CONTACT Professionals St Marys 9673 4422 Rob Masters 0414 281 291 Terry Hansen 0418 245 683

16/1 Glenmore Ridge Drive, Glenmore Park

2

Live in Or Invest, Your Choice!!

• 2 bedrooms with BIRs & ensuite to main

$549,950 - $579,950 INSPECT Contact Agent ADDRESS 16/51-53 King Street, St Marys CONTACT Professionals St Marys 9673 4422 Jessica Grant 0418 745 442

• Modern kitchen with gas cooking & dishwasher • Spacious living & 2 balconies • Tenant would like to stay on but will move if need be • Underground car park

2

1

Contact Agent INSPECT Saturday 11th June at 11:00am - 11:30am ADDRESS 16/1 Glenmore Ridge Drive, Glenmore Park CONTACT Professionals Erskine Park 9834 3555 Wayne Teudt 0412 462 672

• For more information call Wayne on 0412 462 672

11 Tallwood Place, St Clair

View Property

What A Lovely Street

2

$665,000

• Close to schools, shops, transport & parks • Sits on a clear level block • Offers good potential • 2 bedrooms • Solid original home • 518.5m2 block

OPEN HOME

1

View Property

View Property

Set And Forget

2

Walk To Train Station

$389,000 - $425,000

• Ground floor • Ideal location, close to all amenities • Carpet to bedrooms & living • Secure complex • Balcony • Lockable storage unit in the complex • Rental return of $270 - $300 per week

FOR SALE

27 Catalina Street, North St Marys

OPEN HOME

18 Mohawk Place, Erskine Park

View Property

3

1

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Contact Agent INSPECT Saturday 11th June at 9:45am - 10:15am ADDRESS 11 Tallwood Place, St Clair CONTACT Professionals St Marys 9673 4422 Terry Hansen 0418 245 683

Calling All Investors/First Home Buyers!!

• 633sqm flat level block • 3 bedrooms, main with SS air con, BIRs to 2 • Spacious separate lounge & dining spaces • Neat & tidy kitchen with plenty of cupboard space • Single lock-up garage under main roof • Great side access with a large grassed area • Currently rented for $450 per week

3

1

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$849,950 - $899,950 INSPECT Saturday 11th June at 11:15am - 11:45am ADDRESS 18 Mohawk Place, Erskine Park CONTACT Professionals Erskine Park 9834 3555 Angelo Mavris 0425 361 696

professionalsouterwesternsydney.com.au WW45693

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5

Name Goes Here Penrith GreaterMember Region and Blue Mountains OPEN HOME

24A Cam Street, Cambridge Park

Big, Beautiful & Brand New!

3

• Brand new 3 bedroom, 2 bathroom home • Huge open living design with ducted A/C throughout • 3 double sized bedrooms, stylish ensuite to main • Stunning modern kitchen with island bench • Private U/C tiled pergola area with B/I benches & sink • Close proximity to local shops, schools, sporting fields & parklands

FOR SALE

2/63 Jamison Road, Kingswood

Immediate Investment Opportunity!

• One of only five in a well-maintained boutique complex • Spacious open living design with brand new A/C unit • 3 great-sized bedrooms with mirrored B/Is • Modern galley-style kitchen • 16 year long tenant paying $320 per week • Walking distance to the Nepean Hospital, bus stops and Kingswood Station

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1

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$595,000 INSPECT By Appointment ADDRESS 2/63 Jamison Road, Kingswood CONTACT Professionals Penrith 4725 3100

FOR SALE

Perfect Re-Development Site!

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2

$879,950 INSPECT Saturday 11th June at 11:00am - 11:30am ADDRESS 24A Cam Street, Cambridge Park CONTACT Professionals Penrith 4725 3100

51 College Street, Cambridge Park

2

1

• Ideal re-development site $990,000 • Fully fenced rectangular shaped 923m2 block INSPECT By Appointment • 15.24m frontage with R3 zoning ADDRESS 51 College Street, Cambridge Park • Older two bedroom dwelling • 9m x 6m steel shed CONTACT Professionals Penrith • Close to local shops, schools, parks & public transport 4725 3100

penrithprofessionals.com.au 02 4725 3100 253 High Street, Penrith WW45182

6

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Commercial leasing at the heart of Oran Park.

Work at the Park.

• • • • • •

•

Suites and whole floor opportunities available Over 250 secure underground car spaces Naming rights currently available Construction due for completion early 2023 15 mins to Campbelltown, 45 min to Parramatta & 60 mins to Sydney CBD Under 20 minutes from the new Western Sydney Airport (completion 2026)

Acquire early market share and invest in your business’ future by becoming a part of Oran Park. commercial@greenfields.net.au 02 9043 7500 commercial.oranparktown.com.au

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Oran Park Town is rapidly becoming the best place to live, work and play in South West Sydney, and your business has an opportunity to meet to the needs of the fastest-growing region in NSW.

*Images are computer generated and indicative only

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7

Prepare Your House For Sale & Maximise Your Sale Price $2000 towards getting your home ready for sale Are you thinking of selling, but don’t know where to start? Cumberland realty will cover up to $2000 towards your choice of decluttering, painting, cleaning, packing, lawn mowing, minor repairs and or staging.

John Manaras Sales Principal

Greystanes & Wentworthville

0430 299 280

It’s all in the Presentation.

All you need to do is call or text ‘SELL MY HOME’ to 0430 393 396, with your name and address and we will take it from there.

Franco Di Iorio Sales Principal Greystanes 0424 718 745

Experience the Cumberland Realty difference Applies to owner occupied homes and rentals.

Conditions Apply.

Offer valid to 31st December, 2022.

Edgar Georges Sales Principal Wentworthville 0414 383 132

Francesca Luccitti Director 0430 393 396

Greystanes Shopping Centre Shop 8 / 665 Merrylands Road, Greystanes 181 Dunmore Street, Wentworthville

WW48413

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1/13 Leland Street, Penrith

BUY OF THE WEEK

Buy: From $145,000 + GST Rent: From $200 + GST/week

SMART SOLUTION

What makes this property stand out?

An affordable purchase and rental price in an ultra-modern building with full security gated estate with 24/7 access.

All units feature:

– Drive up access and mezzanines – Motorised high roller doors – High clearances of 4.8 metres – Power data and lighting.

Ideal space solution for: Tradespeople, business

and

homeowners to store tools, archived files, stock, furniture and personal items. Also appealing to hobby enthusiasts or anyone wishing to securely store their boat, water-sport equipment, caravan or extra vehicles they may have.

Storage units range from: 30m² – 121m² Contact: SOHO Project Marketing 0421 664 666 / 0410 600 488

Location: Located in a modern, state-ofthe art facility, SmartSpace is in a prime location strategically positioned in the new growth corridor to Badgerys Creek Airport and located right next door to the new $613m Nepean Business Park.

Boxes from

2

REMOVALS • SELF STORAGE • BOX SHOP 142 Old Bathurst Rd, Emu Plains PH 4735 7000 www.hitchens.com.au www.facebook.com/westernpropertymag

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$

9

NOBODY IN THE WORLD SELLS MORE REAL ESTATE THAN RE/MAX.®

Dual Key Dual Key

52+1 3 1+1 2

3+1

2Queensland DUPLEX QLD3

EXCELLENT INVESTMENT: DUAL LIVING! Sale : Contact Agent Inspection: By Appointment GIZZELLE POWELL M: 0428 934 618 E: gizzellepowell@remax.com.au

• Separate entries • Soundproof firewall • Only pay one set of council rates • Turn key home • Two rental income returns, or live in one and rent out the other • Land: 450sqm • Build: 200sqm

3+3 1 + 2+2 3 2 1+11

2

QUEENSLAND DUPLEX RENTAL POTENTIAL: $1000 per week 3 year rental guarantee LITSA MELETI Want to know more?

Call me on 0466 969 164 Your Investment Specialist

Potential rent per week $600 - $620

Happy Vendors Litsa Meleti is a dynamo of an Agent

We did a silly thing and bought before we were even on the market. So we were time poor when it came to selling our home. We needed a sale and we needed it fast with the best possible price. Thank God we had Litsa to be our agent. Litsa really knows her stuff and if you follow Litsa’s lead then you will get the best price for your home and Litsa won’t sit back and let you spend unnecessarily on your home to sell it. We sold in great time. We are going to settle in less than 30 days and most importantly, settle before the new home is due to settle. We got the best price. When Litsa tells you what your property is worth, you can believe it. I asked God for a miracle and he sent me Litsa. Litsa Meleti is our saving grace. Litsa will always keep you updated with offers and everything in between. She doesn’t sugar coat things. We couldn’t be happier with our sale results or our agent. Thank you Litsa.

Verified by RateMyAgent

Thinking of Selling or Investing?

Please give me a call or SMS Litsa on 0466 969 164

10 & 10a Waitaki St, Lethbridge Park 3+1

1+1

Wadalba, Central Coast Gwandalan

1

3+2 4 2+12

1+1 2+2

Just Listed

Dual Occupancy – Price: $600K-$650K Land size: 338m2 Open Home: Sat, 10:45-11:15am

GIZZELLE POWELL M: 0428 934 618 E: gizzellepowell@remax.com.au

1.1km to shops and 5km drive to beach and train Two House, live & invest

LITSA MELETI Want to know more?

Call me on 0466 969 164 Your Investment Specialist WW46730

Put Our Winning Team to Work 10

Phil Haley 0412 355 020

Western Property Magazine

Litsa Meleti 0466 969 164

Gizzelle Powell 0428 934 618

Paul Tanner 0410 587 553

Victor Borg 0439 755 081

Peter Parker 0408 432 998

www.facebook.com/westernpropertymag

NOBODY IN THE WORLD SELLS MORE REAL ESTATE THAN RE/MAX.®

Address/Suburb lowercase 6 Bass Street, Colyton

LITSA MELETI M: 0466 969 164 E: litsameleti@remax.com.au

2/34 Australia St, St Marys

3

1

THE PONDS Address/Suburb lowercase

3

Retreat plus Shed Land size: 696m2 Open Home: Sat 1:00-1:30pm

3+

Study

2.5

CALL VICTOR BORG & LITSA MELETI 0439 755 081 | 0466 969 164

232 Parker St, Kingswood

1+1

Just Listed

GIZZELLE POWELL M: 0428 934 618 E: gizzellepowell@remax.com.au

THE PONDS Ready to Move In Also available, Marsden Park, Schofields

4

2

2

Just Listed

Convenience and Lifestyle Living Open Home: Sat 11:45-12:15pm

Ready To Move In Land size: 627m2 Open Home: Sat 12:45-1:15pm

4

22 & 24 Edith Street, Kingswood

2

GIZZELLE POWELL M: 0428 934 618 E: gizzellepowell@remax.com.au

2+

+ 4

1

1+

Just Listed

R3 ZONED, YOUR CALL! INVEST, DEVELOP OR LAND BANK Located in a sought-after place in Kingswood, just minutes’ walk to Nepean Hospital, train station, shops, schools and amenities.

GIZZELLE POWELL M: 0428 934 618 E: gizzellepowell@remax.com.au WW46731

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Book your FREE Appraisal now with one of our Winning Team on 4732 6007 Western Property Magazine

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OPEN HOMES & RENTAL PROPERTY GUIDE westernpropertyonline.com.au | facebook.com/westernpropertymag

OPEN HOMES ADDRESS

SUBURB

TIME

PROPERTIES FOR RENT DESCRIPTION

RENT

AGENT

4 Br Town House

$480pw

9673 4422 St Marys Professionals

4 Br House

$580pw

47253100PenrithProfessionalsRealEstate

Jamsiontown

3 Br Unit

$450pw

47253100PenrithProfessionalsRealEstate

Jamsiontown

2 Br Unit

$400pw

47253100PenrithProfessionalsRealEstate

Kingswood

1 Br Unit

$230 pw

9673 4422 St Marys Professionals

Kingswood

4 Br Town house

$470pw

9673 4422 St Marys Professionals

Kingswood

2 Br Unit

$320pw

47253100PenrithProfessionalsRealEstate

By Appointment Penrith Professionals

Kingswood

1 Br Unit

$240pw

47253100PenrithProfessionalsRealEstate

9:30 - 10am

NORTH ST MARYS 2 Br Granny flat

$320pw

9673 4422 St Marys Professionals

Penrith

2 Br Unit

$270pw

47253100PenrithProfessionalsRealEstate

Penrith

3 Br House

$450pw

47253100PenrithProfessionalsRealEstate

Penrith

2 Br Unit

$280pw

4725 3100 Penrith Professionals

St Marys

2 Br granny flat

$270pw

9673 4422 St Marys Professionals

St Marys

3 Br home

$380pw

9673 4422 St Marys Professionals

St Marys

4 Br Townhouse

$495pw

9673 4422 St Marys Professionals

2 Br unit

$330pw

9673 4422 St Marys Professionals

OPEN HOMES

AGENT

SUBURB Saturday 11th June

CAMBRIDGE PARK

Cambridge Park

51 College Street

Cambridge Park

By Appointment Penrith Professionals

24A Cam Street

Cambridge Park

11 - 11.30am

Penrith Professionals

2 Burford Street

Colyton

11:30 - 12pm

Professionals St Marys

39 Jensen Street

Colyton

2:15 - 2:45pm

Professionals Erskine Park

COLYTON

ERSKINE PARK 18 Mohawk Place

Erskine Park

11:15- 11:45am

Professionals Erskine Park

GLENMORE PARK 16/1GlenmoreParkDrive Glenmore Park

11- 11:30am

Professionals Erskine Park

KINGSWOOD 2/63 Jamsion Road

Kingswood

15/9-13 Rodgers Street Kingswood

Professionals St Marys

LETHVRIDGE PARK 46 Tarwara Road

Lethbridge Park

3:15 - 3:45pm

Professionals Erskine Park

Mount Druitt

12:30 - 1pm

Professionals St Marys

North St Marys

10:30 - 11am

Professionals St Marys

1:30 - 2pm

Professionals St Marys

NORTH ST MARYS 27 Catalina Street

EMU HEIGHTS Emu Heights

JAMSIONTOWN

KINGSWOOD

North St Marys

MOUNT DRUITT 19 Vincent Street

SUBURB CAMBRIDGE PARK

OXLEY PARK 2/30 Brisbane Street Oxley Park

ST CLAIR 11 Tallwood Place

St Clair

9:45 - 10:15am

Professionals St Marys

8 Wills Glen

St Clair

10:30 - 11am

Professionals Erskine Park

34 Todd Row

St Clair

12 - 12:45pm

Professionals Erskine Park

PENRITH

ST MARYS

WALLACIA Wallacia

WILLMOT

ST MARYS 16/51-53 King Street St Marys

12:45 - 1:15pm Professionals St Marys

Willmot

2 Br Granny Flat

$280pw

9673 4422 St Marys Professionals

12/54 King Street

1:30 - 2:00pm Professionals St Marys

Willmot

4 Br Home

$420pw

9673 4422 St Marys Professionals

St Marys

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13

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BROKING BREAKDOWN

BROKERS’ KEY ROLE HOMEBUYERS SEARCH FOR HELP

MARK STEVENSON BELLPARTNERS.COM

In this new era of interest rate hikes, it is reassuring for those in the financial services sector that record numbers of homebuyers are seeking the expertise of mortgage brokers to secure a home loan.

Latest industry data released by research group Comparator, which was commissioned by the Mortgage and Finance Association of Australia (MFAA), found in the March quarter of 2022, mortgage brokers facilitated 69.5 per cent of all new residential home loans. This is the largest market share observed to date across all quarters and is a 12 percentage point year-on-year increase on the 57.5 per cent reached in the March 2021 quarter, and a 17.4

percentage point increase on the 52.1 per cent recorded in the same quarter in 2020.

This data comes as Australia’s biggest bank, the Commonwealth Bank of Australia (CBA), released research highlighting how brokers have played “an important role” in supporting customers in the current rising interest rate environment. This research found 92 per cent of Australian homeowners had already taken steps to mitigate the impact of higher mortgage rates.

MFAA Chief Executive Officer Mike Felton said these positive results for the broking sector were indicative of a strong and rapidly growing industry that has successfully implemented mean-

ingful reforms over a number of years and has the trust and loyalty of consumers.

“Not only does the consumer benefit from the significant choice, experience, and convenience offered by a mortgage broker, but on home loans taken out since January 1 2021 they have been protected by an unrivalled best interest duty, further differentiating the channel and providing yet another compelling reason to use the services of a mortgage broker,” Mr Felton said.

At Bell Partners, our lending team includes residential brokers with more than 70 years’ combined experience, from helping first home buyers through to seasoned investors.

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