Western Property June 17 2022

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

ISSUE 402

Western Property Your complete guide to real estate in western Sydney

BUY NOW

NEW LISTINGS INSIDE

PENRITH’S BEST AGENTS

LUXURY OASIS AT RHODES

WHY RATE RISE WAS INEVITABLE

OPEN HOMES & RENTALS GUIDE

SEE PAGE 3

SEE PAGE 5

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

A RESIDENTIAL OASIS

RHODES CENTRAL OFFERS LUXURY LIVING Leading property group Billbergia has launched Stage 4 of its $2.5 billion master planned community, Rhodes Central. The newest release, Rhodes Central Oasis is a luxury residential tower, with modern resort style amenity set within lush tropical gardens in the heart of Sydney.

Prominently located at 39 Marquet Street, the new release at Oasis comprises of 126 apartments over 15 levels and features a range of apartment configurations including six one-bedroom apartments, 64 two-bedroom and 56 three-bedroom apartments.

It also boasts a range of exclusive resident facilities, including an expansive swimming pool with private cabanas, a splash pad for children and a calming spa set within a lush tropical garden.

The poolside grill area is destined to be a casual place for entertaining or alfresco dining with family and friends, while the beautifully landscaped gardens will be a relaxing backyard for residents and their pets to enjoy.

The Rhodes Central neighbourhood covers approximately two hectares and will be home

to five striking residential water view buildings on the Rhodes peninsula. When compete, it will deliver a combined total of 1,500 apartments – as well as an inviting central plaza, creating an all-inone destination for shopping, dining, and relaxation.

Seamlessly linked to Rhodes Station, Rhodes Central hallmarks the revitalisation of waterside living, bringing new energy and vibrancy to Rhodes’ residential landscape.

“Oasis is the new star of luxury living at Rhodes Central. We are excited to launch a modern residential building that combines a serene retreat with the excitement of the city. Our vision was to give residents the best of both worlds and offer a true sense of place,” said Billbergia Sales Director, Lulu Chen.

“Amenity at Oasis is centred around creating a well-balanced life. Nowhere else can you find a setting quite like this. Residents can find everything right on their doorstep, with a vibrant dining and entertainment precinct next door and a range of recreational options.”

Western Property

EDITORIAL CONTACT Troy Dodds • 4722 2998 troy.dodds@westernweekender.com.au

ISSUE NUMBER 402

Western Sydney Publishing Group

Oasis is likely to attract locals wanting to upsize to accommodate a growing family and downsizers seeking the convenience of an inner-city lifestyle within a tranquil waterfront location.

Prices range from $649,000 for a 58-78 square metre one-bedroom apartment. Two-bedroom units are priced between $820,000 and $1,015,000 for a 90 square metre space. Three-bedroom apartments start from $1,350,000 for

a space ranging between 112-116 square metres.

Construction of Oasis Tower has commenced, with completion anticipated for mid-2025.

Display apartments can be inspected at Rhodes Central Sales Office, Shop 5, 6 Walker Street, Rhodes. The Sales Office is open every day from 10am – 6pm. For more information call 1300 55 11 23 or visit rhodescentraloasis. com.au.

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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BROKING BREAKDOWN

RISE WAS INEVITABLE WHY PREPARATION REMAINS KEY After criticism for being too slow to act on the economic damage caused by rising inflation, the Reserve Bank of Australia (RBA) has shown it now means business by imposing the biggest monthly increase in official interest rates for more than 20 years.

The half a percentage point increase which lifted the RBA’s official rate to 0.85 per cent was double the size of the previous rise last month – the first time the cash rate had been hiked since 2010.

Some commentators thought the RBA should have gone even harder given interest rates in Australia are still much lower than other countries such as New Zealand where it’s at 2.0 per cent.

We do have some catching up

MARK STEVENSON BELLPARTNERS.COM

to do which means more rate increases are coming with next month also likely to be a 50 basis points rise, resulting in an extra $128 monthly commitment on a $500,000 mortgage over repayments of 25 years.

I have been using this column to discuss the return to ‘normal’ interest rates for many months now and when we talk to clients we remind them that the RBA’s emergency interest rate settings in response to the COVID-19 pandemic were never going to last forever as they were unsustainable.

Preparing for the inevitable rate rises over the rest of the year and possibly into 2023 means people may need to think about tighten-

ing their belts if their repayments have increased. Many others fortunately will be ahead on their mortgages and while monthly interest will go up their weekly, fortnightly or monthly repayments will stay the same.

Property owners can expect some drop in value or slow down off the back of the rate increases but ignore people trying to get into the headlines by talking up a crash. Any fall in property values is unlikely to cancel out any growth made in recent years.

On the flipside of all this doom and gloom is interest rate rises are good news for retirees and those with savings, as returns now start to creep up as well.

See you next week.

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Commercial leasing at the heart of Oran Park.

Work at the Park.

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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.

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*Call for Terms & Conditions

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10/37 King Street, Penrith

BUY OF THE WEEK

$399,950

2

YOUR FIRST HOME?

• Top floor unit with amazing outdoor verandah area • Spacious open living design

• Modern galley style kitchen • Two Great sized bedrooms with mirrored B/I’s

• Incredible verandah areas with Mountain views • Single lock-up garage

1

1

Open for Inspection: Saturday, June 18, 10am-10.30am Contact: Professionals Penrith Ross Heidtmann • 0407 113 039

Check out this potential first home on Saturday, June 18 from 10am to 10.30am.

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

Dual DUAL Key KEY

4

4

5 + 1

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2 1

2Queensland DUPLEX QLD3

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

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Just Listed

IDEAL INVESTMENT (GOOD FOR SMSF) Sale : Contact Agent Inspection: By Appointment GIZZELLE POWELL M: 0428 934 618 E: gizzellepowell@remax.com.au

Potential Rental Return: • 4 bedder - $420 to $430 per week • 1 bedder - $310 to $330 per week

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

Happy Vendor An excellent agent that deserves a high recommedation She was highly recommended by a very close friend, from the first day that I have met her I noticed that she was very upfront and honest, no speculations but just stating the facts of what the market looks like, she was very keen to give her honest opinion in appraising the property and did not hesitate to give me some pointers as to how I could increase the value to a certain level of which I gladly followed without any hesitations. She is not too pushy in order to achieve their percentage.

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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

Newcastle GwandalanArea

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44

22

2+2

Just Listed

Total Potential Rental Return: $550-$600pw 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

Full Turnkey Package (Everything included)

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

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

Address/Suburb lowercase 6 Bass Street, Colyton

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1

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THE PONDS lowercase Address/Suburb

4

3

1+1

Under Contract

More Houses Needed In Colyton Retreat plus Shed Land size: 696m2

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

6/37 King Street, Penrith

2

1

1

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

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

2/34 Australia St, St Marys

3+

2.5

Study

1+1

Just Listed

Hot Property

Title: Perfect for First home buyers or GIZZELLE POWELL Astute Investors M: 0428 934 618 E: gizzellepowell@remax.com.au Open Home: Sat 12:30-1:00pm

Convenience and Lifestyle Living GIZZELLE POWELL Land size: 627m2 M: 0428 934 618 E: gizzellepowell@remax.com.au Open Home: Sat 11:30-12:00pm

Werrington

22 & 24 Edith St, Kingswood

2

1.5

1

Coming Soon

Just Listed R3 ZONED, Your Call! Invest, Develop or GIZZELLE POWELL Land Bank. Land size: 1300m2 M: 0428 934 618 E: gizzellepowell@remax.com.au Open Home: Call Gizzelle

New York Style Apartment Open Home: Sat 10-10:30am

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

What’s your Property worth? www.facebook.com/westernpropertymag

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

OPEN HOMES

PROPERTIES FOR RENT AGENT

SUBURB Saturday 18th June

DESCRIPTION

AGENT

CLAREMONT MEADOWS Clearmont Meadows 3 br duplex

CAMBRIDGE PARK

RENT

$450pw

9673 4422 St Marys Professionals

3 br home

$430 pw

9673 4422 St Marys Professionals

3 br home

$620pw

9673 4422 St Marys Professionals

Jamsiontown

3 br unit

$450pw

4725 3100 Penrith Professionals Real Estate

Jamsiontown

2 br unit

$400pw

4725 3100 Penrith Professionals Real Estate

2 br unit

$320pw

4725 3100 Penrith Professionals Real Estate

Penrith

3 br house

$440pw

4725 3100 Penrith Professionals Real Estate

Penrith

2 br unit

$270pw

4725 3100 Penrith Professionals Real Estate

Penrith

3 br house

$450pw

4725 3100 Penrith Professionals Real Estate

Penrith

2 br unit

$280pw

4725 3100 Penrith Professionals Real Estate

1 br granny flat

$250pw

9673 4422 St Marys Professionals

3 br home

$450pw

9673 4422 St Marys Professionals

2 br home

$420pw

9673 4422 St Marys Professionals

St Marys

2 br granny flat

$320pw

9673 4422 St Marys Professionals

St Marys

3 br home

$400pw

9673 4422 St Marys Professionals

2 br unit

$330pw

9673 4422 St Marys Professionals

2 br granny flat

$280pw

9673 4422 St Marys Professionals

COLYTON 24A Cam St

Cambridge Park

11 - 11.30am

Penrith Professionals Real Estate

Colyton

ERSKINE PARK

COLYTON

Erskine Park 2 Burford St

Colyton

11:30 - 12pm

Professionals St Marys

GLENMORE PARK 16/1 Glenmore Park Dr Glenmore Park

11 - 11:30am

Professionals Erskine Park

JAMISONTOWN

KINGSWOOD Kingswood

KINGSWOOD

PENRITH

2/63 Jamsion Rd

Kingswood

By Appointment Penrith Professionals Real Estate

15/9-13 Rodgers St

Kingswood

9:30 - 10am

Professionals St Marys

NORTH ST MARYS

SHALVEY 27 Catalina St

North St Marys

10:30 - 11am

Professionals St Marys

Shalvey

SILVERDALE

PENRITH

Silverdale 10/37 King St

Penrith

10 - 10.30am

Penrith Professionals Real Estate

St Clair

ST CLAIR 208 Bennet Rd

ST CLAIR

ST MARYS St Clair

11 - 11:30am

Professionals Erskine Park

ST MARYS

WALLACIA

5/100-104 Saddington St St Marys

11 - 11:30am

Professionals St Marys

16/51-53 King St

12 - 12:30pm

Professionals St Marys

Wallacia

WILLMOT St Marys

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Willmot

Western Property Magazine

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Outer Western Sydney OPEN HOME

208 Bennett Road, St Clair

3

833 Sq Metre Block!

• 20 plus metre frontage • Oversized multiple living spaces • Large pergola area overlooking the biggest yard • Carport and single lock-up garage under main roof • Fully painted throughout • Investors make note would easily rent for $550 to $600 per week

View Property

OPEN HOME

15/9-13 Rodgers Street, Kingswood

OPEN HOME

View Property

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1

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INSPECT Saturday 18th June at 9.30am - 10:00am ADDRESS 15/9-13 Rodgers Street, Kingswood CONTACT Professionals St Marys 9673 4422 Rob Masters 0414 281 291

Glenmore Park

View Property

• 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

Just Listed!!

INSPECT Saturday 18th June at 11.00am - 11:30am ADDRESS 208 Bennett Road, St Clair CONTACT Professionals Erskine Park 9834 3555 Angelo Mavris 0425 361 696

16/51-53 King Street, St Marys

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Set And Forget

$389,000 - $425,000

FOR SALE

Welcome To Your Own Private Oasis

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View Property

Invest In Kingswood, Smart Idea • 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

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• 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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$554,950 INSPECT Saturday 18th June at 12.00pm - 12:30pm ADDRESS 16/51-53 King Street, St Marys CONTACT Professionals St Marys 9673 4422 Jessica Grant 0418 745 442

19 Vincent Street, Mount Druitt

View Property

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1

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$899,950 - $949,950 INSPECT By Appointment ADDRESS Glenmore Park CONTACT Professionals St Marys 9673 4422 Jessica Grant 0418 745 442

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

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1

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Contact Agent INSPECT Saturday 18th June at 12.30pm - 1:00pm ADDRESS 19 Vincent Street, Mount Druitt CONTACT Professionals St Marys 9673 4422 Rob Masters 0414 281 291

professionalsouterwesternsydney.com.au 14

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Outer Western Sydney FOR SALE

OPEN HOME

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

OPEN HOME

16/1 Glenmore Ridge Drive, Glenmore Park

3

1

3

$679,950 - $719,950

• 2 bedrooms with BIRs & ensuite to main

INSPECT By Appointment ADDRESS Lethbridge Park CONTACT Professionals Erskine Park 9834 3555 Angelo Mavris 0425 361 696

• Spacious living & 2 balconies

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

2

1

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INSPECT Saturday 18th 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

You’ve Seen The Rest Now See The Best !!

$665,000 INSPECT Saturday 18th June at 10:30am - 11:30am ADDRESS 27 Catalina Street, North St Marys CONTACT Professionals St Marys 9673 4422 Rob Masters 0414 281 291 Terry Hansen 0418 245 683

Oxley Park

View Property

• One bedroom downstairs & 2 upstairs • Garage with internal access • Nice courtyard • Located in a small complex of four • Rental potential of $380 per week • Additional parking • Close to amenities

Contact Agent

St Clair

View Property

FOR SALE

One Down And Two Up . . .

1

FOR SALE

View Property

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

2

• For more information call Wayne on 0412 462 672

27 Catalina Street, North St Marys

Walk To Train Station

2

Live in Or Invest, Your Choice!!

• Large split level luxurious home on 696sqm block • Multiple living areas & huge games room • 4 double bedrooms upstairs with BIRs • Large two-way bathroom with corner spa bath • Double car garage & cellar/storage room • Outdoor entertaining area & concrete inground pool • Ducted air con and much more . . .

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3

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$1,274,950 - $1,374,950 INSPECT By Appointment ADDRESS St Clair CONTACT Professionals Erskine Park 9834 3555 Angelo Mavris 0425 361 696

FOR SALE

St Clair

View Property

3

1

2

$559,950 INSPECT By Appointment ADDRESS Oxley Park CONTACT Professionals St Marys 9673 4422 Terry Hansen 0418 245 683

2-Storey Beauty!!

• Situated on a 565sqm block • 5 bedrooms with BIRs & ensuite to the master • Multiple living areas • Spacious brand new kitchen • Fully renovated 3-way bathroom • Covered alfresco area with BBQ & external kitchen • Garage converted to another living space

5

2

2

$999,950 - $1,099,950 INSPECT By Appointment ADDRESS St Clair CONTACT Professionals Erskine Park 9834 3555 Angelo Mavris 0425 361 696

professionalsouterwesternsydney.com.au www.facebook.com/westernpropertymag

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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

3

1

1

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

FOR SALE

2

$879,950 INSPECT Saturday 18th June at 11:00am - 11:30am ADDRESS 24A Cam Street, Cambridge Park CONTACT Professionals Penrith 4725 3100

10/37 King Street, Penrith

2

Penthouse Lifestyle!

• Top floor unit with amazing outdoor verandah area • Spacious open living design • Modern galley-style kitchen • 2 great-sized bedrooms with mirrored B/Is • Incredible verandah areas with Mountain views • Single lock-up garage

2

1

1

$399,950 INSPECT Saturday 18th June at 10:00am - 10:30am ADDRESS 10/37 King Street, Penrith CONTACT Professionals Penrith 4725 3100

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

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FINANCE & LEGAL Your Guide to finding local financial affairs consultants.

Our finance and legal feature introduces our readers to local advertising businesses. You can use this feature as a guide to search through some of Penrith’s highest offering establishments ranging from lawyers to accounting firms. Our feature has got you covered on all your financial and legal needs. :: ::

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DĂůĐŽůŵ DƵƌƌĂLJ Θ ƐƐŽĐŝĂƚĞƐ ƉƌŽͲ ǀŝĚĞ ƐĞƌǀŝĐĞƐ ŝŶ ŵĂŶLJ ĂƌĞĂƐ ŽĨ ůĂǁ͘ tĞ ƐƉĞĐŝĂůŝƐĞ ŝŶ ĐŽŵŵĞƌĐŝĂů ůŝƟŐĂƟŽŶ ĂŶĚ ĚĞďƚ ĐŽůůĞĐƟŽŶ͘ KƵƌ Įƌŵ ŝƐ ďŽƚŚ ĨĂŵŝůŝĂƌ ĂŶĚ ĞdžƉĞƌŝͲ ĞŶĐĞĚ ǁŝƚŚ ĐŽŵŵĞƌĐŝĂů ůŝƟŐĂƟŽŶ ŝŶ Ăůů ƐƚĂƚĞ ũƵƌŝƐĚŝĐƟŽŶƐ͘ tĞ ƐƉĞĐŝĂůŝƐĞ ŝŶ ĚĞďƚ ĐŽůůĞĐƟŽŶ͕ ŝŶƐŽůͲ ǀĞŶĐLJ ůĂǁ͕ ĐŽŵŵĞƌĐŝĂů ůĂǁ ĂŶĚ ǁŝůůƐ ĂŶĚ ĞƐƚĂƚĞ ůĂǁ͘ KƵƌ ƐŽůŝĐŝƚŽƌƐ ƉƌŽǀŝĚĞ ƉƌĂĐƟĐĂů ĂĚǀŝĐĞ ƚŽ ŚĞůƉ ŽƵƌ ĐůŝĞŶƚƐ ĂĐŚŝĞǀĞ ƚŚĞŝƌ ŽďͲ ũĞĐƟǀĞƐ ĐŽƐƚ ĞīĞĐƟǀĞůLJ͘

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DĂůĐŽůŵ DƵƌƌĂLJ Θ ƐƐŽĐŝĂƚĞƐ ŽīĞƌ Ă ƌĂŶŐĞ ŽĨ ůĞŐĂů ƐĞƌǀŝĐĞƐ ƚŚĂƚ ǁŽƌŬ ǁŝƚŚ ŽƵƌ ĐůŝĞŶƚƐ͛ ŶĞĞĚƐ͘

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