Western Property March 31 2023

Photo: Natasha Nichols

Plunge pools continue to be a popular option for homes, according to Matt Leacy, creative director and founder of the award winning Landart.

Leacy said they’re a popular option for those with limited space who still want a pool.

“If space is limited in your outdoor areas it’s a no brainer,” he said.

“A plunge pool in a tight space still gives you somewhere to cool off in summer, and it’s an option that’s easier to regulate temperatures on and keep sparkling clean. They also come in a variety of shape options and can be very social – it’s easier to sit around in a plunge pool enjoying a drink and talking with family and friends. And plunge pools are also great for people for don’t have the time to maintain a bigger pool, or even retirees who have downsized and are travelling for a big part of the year but would still like the convenience of having their own backyard pool.”

Expense is also a contributor to some people’s decision to go with a plunge pool.

“Obviously in most instances the smaller the pool the smaller the price tag, and ongoing maintenance and chemicals needed, heating and other requirements are all reduced with a plunge pool,” he said.

How you’d like to use your plunge pool and the time of day you’re most likely to use it should impact where you place your plunge pool, as well of course the design aesthetic. If you’d like to be able to keep an eye on kids while they’re in the pool, or to use the pool as you’re socialising, your plunge pool will need to be in a central location. If however it’s for more private use the beauty of a plunge pool is that you can tuck it away into spaces you may not otherwise be able to utilise for a pool – and you can also better place a plunge pool to take advantage or sun or shade depending on what your preference is.

Plunge pools are often the ideal choice for a backyard that doesn’t have great access. Even if you’re craning in it’s obviously easier to do this with a reduced size – and in most instances a plunge pool will fit down the side of properties.

With so many di erent colours, styles and designs available, it can be di cult to choose the best flooring for your home and lifestyle.

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Sunday 19 March to Saturday 27 May

Choices Flooring Penrith 131 Coreen Ave, Penrith (02) 4731 4242 choicesflooring.com

ORAN PARK

FINALAPARTMENTS NOW SELLING ACT NOW!

This is your last opportunity to secure a luxury apartment in the prestigious Metro precinct, centrally positioned in the heart of the Oran Park community.

Generously sized, these 3-bedroom apartments feature ample floor space, sophisticated style and the finest finishes.

Built in partnership with the award-winning Allen Jack + Cottier Architects and currently under construction with Richard Crookes Construction, the residences are completed to a high standard with:

• Miele oven, gas cooktop, rangehood, built-in microwave oven and dishwasher plus striking Parisi tapware, tinted mirror splashback and Caesarstone benchtop centrepiece

• Ceramic tile floor throughout with carpet to bedrooms

Apartment G.03

Interior 111sqm

Exterior 33sqm

Total 144sqm

9043 7500

Apartment 3.10

Interior 108sqm

Exterior 23sqm

Total 131sqm

Price $819,500

CONTACT: Morton Real Estate Konstantin Melnikov • 0421 540 424 konstantin.melnikov@morton.com.au

LOVING LUXURY: YOUR FOREVER HOME AWAITS

What is so great about this property?

Expansive luxury home with unique extras in the Twin Creeks Estate.

Set on an enormous 4127sqm corner block, this generously proportioned single-level home is built with the family in mind. Offering a choice of living zones both inside and out, a huge games room, fully fitted pool house, landscaped gardens and a spectacular pool at its centre, this home is perfect for the large family who enjoys entertaining.

• The car enthusiast will love the huge driveway with accommodation for up to 17 vehicles

• Three metre clearance in garage with roller door allows for trucks or boats to be housed

• Both formal and casual living

and dining zones, perfect for multi-generational living

• All-weather alfresco dining ideally positioned next to the salt water pool with water feature

• Pool house includes a kitchenette and bathroom so it can also be used as a self-contained studio

• Contemporary gas kitchen with sleek stainless steel appliances including an oversized oven

• Large master suite with double-sided walk in robe and luxurious ensuite with twin vanities

• Six spacious bedrooms, five with built-in robes, one may be used as a home office

• Huge games room can also be used as a home theatre or for a home business

• Low maintenance home with timber flooring, white

plantation shutters and ducted vacuum

• Other features include ducted air-conditioning, full house alarm and solar panelling

Tell us about the suburb the property is in?

Located a stone’s throw from the Twin Creeks Golf and Country Club, famed for its magnificent 18-hole golf course, spa, floodlit tennis courts, and Fairway restaurant, you’ll feel like you’re on holiday every day.

With great schools, shopping, and dining options nearby, and the Western Sydney Airport due to open in 2026, the Twin Creeks Estate is an impressive and sought-after community. Inspect this property on Saturday and be prepared to get blown away!

Very Happy Sellers

“ Gizzelle is an exceptional agent. She is genuine and extremely reliable. She will passionately tell you everything you need to know about a property you are buying from her and will share her experience and expertise when you decide to sell a property through her. We know because we bought an investment property from her which was eventually sold by her.

Not all agent have the same dedication, enthusiasm and efficiency. She definitely puts her heart and a lot of hard work in every transaction she does, always doing her best to achieve an excellent outcome. Gizzelle is one of a kind and she truly delivers! ”

Happy Vendor

EXCELLENT AGENT

Many thanks to Litsa and the team at RE/MAX Lifestyle Marketing for the amazing job selling the property.

We were very impressed with Litsa’s professionalism, knowledge and amazing communication skills with us and the buyers. Dealing with many agents through my work Litsa surely must be in the top 5 agents. Thanks again for the very hard work you put in and achieving a great result, well done!

Verified by RateMyAgent

Thinking of Selling or Investing? Please give me a call or SMS Litsa on 0466 969 164

“Don’t

Outer Western Sydney

9 Morningbird Close, St Clair

OPEN HOME

7 Steeltrap Drive, Bungarribee

• A beautiful kitchen with a well-sized walk-in pantry

• Entertainment area & inground pool

• R/C ducted air conditioning

• Shed, water tank and fully-fenced yard

•

OPEN HOME

• Beautifully tiled living areas

• Spacious kitchen with gas cooking

• Backyard perfect for entertaining

• Drive through lock-up garage

• Currently tenanted for $460 per week

• Situated in a quiet cul-de-sac, close to all amenities

Sat 1 April at 1:00pm – 1:45pm

7 Steeltrap Drive, Bungarribee

Professionals St Marys 9673 4422 Terry Hansen 0418 245 683

Pelican Street, Erskine Park

$739,950

For more information visit: www.professionalsouterwesternsydney.com.au/real-estate/property/1267367/

For more information visit: www.professionalsouterwesternsydney.com.au/real-estate/property/1262845/

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BORROWERS BENEFITTING FROM RATE DISCOUNTS

Although it has spent much of the past year inflicting pain on borrowers with 10 consecutive increases to the official interest rate, the Reserve Bank of Australia (RBA) has noted that almost a third of all borrowers have managed to secure a discount on the interest rate charged by their lender.

In its March bulletin, the RBA explained that while lenders have been passing on the central bank’s consecutive cash rate increases in full to variable reference rates, few borrowers pay rates as high as these.

“Instead, borrowers are offered, or negotiate, a discount relative to these reference

rates,” the RBA said, pointing to strong competition in 2022 with banks vying for new and externally refinancing borrowers, particularly those of higher credit quality, in addition to adjusting discounts to retain existing borrowers.

“… around 30 per cent of variable-rate borrowers have renegotiated a lower rate on their housing loan with their existing lender since May (2022),” the RBA said.

“Many borrowers have also refinanced with a new lender, with major banks extending cashback offers to customers of around $2,000–$4,000.”

The RBA doesn’t mention

what part finance brokers may have played in negotiating discounted rates, but it’s most likely a broker would be involved. Borrowers have shaved at least one percentage point off their home loan interest rate through a broker contacting a bank on their behalf and getting a result.

Many thousands of borrowers are also refinancing to achieve a better loan deal. According to the Australian Banking Association (ABA), from almost 309,000 mortgages refinanced over the last six months, data provided by banks showed close to 215,000 – or 70 per cent – of customers switched lenders, while only 94,045 stayed with their existing bank.

While new customers generally get the best offers to lure them in, the fierce competition is forcing banks to offer existing customers incentives such as rate discounts up to one per cent and cash back to prevent them leaving.

Refinancing your existing home loan has never been easier. Please contact Bell Partners Finance for a better deal today.

REAL ESTATE FLASHBACK

Check out some of these classic photos from real estate years gone by, thanks to Penrith

IN 1984, PART OF 556-558 HIGH ST IN PENRITH WAS OCCUPIED BY ELLINGFORD REAL ESTATE.

THE

Library.

CYRIL GILLIN REAL ESTATE, GREAT WESTERN HIGHWAY, ST MARYS. THIS BUILDING WAS LOCATED NEXT TO THE BAND CLUB. PHOTO TAKEN 1980.

C. J. WELCH REAL ESTATE OFFICE WAS LOCATED IN STATION STREET, PENRITH NEXT TO THE RED COW HOTEL. CHARLES WELCH IS STOOD BESIDE HIS CAR PROMOTING PENRITH SHOPPING WEEK IN 1936.

OLD JIM AITKEN REAL ESTATE OFFICE AT 91 GREAT WESTERN HIGHWAY, EMU PLAINS. THIS PHOTO WAS TAKEN IN 2002.

HERE’S A SHOT OF EXPLORERS REALTY ON HIGH STREET IN 1983.

HERE’S A SHOT OF DGN REAL ESTATE ON HIGH STREET FROM 1998.