Western Property January 27 2023

PERFECT PAVERS ARE THE PERFECT SOLUTION

Summer is synonymous with BBQs and outdoor entertaining, which means most homeowners will be utilising their backyards over the warmer months.

To add more value to your home you may wish to create an outdoor paved area, which is easy to install and DIY friendly.

Adbri Masonry’s Brand Ambassador, Jason Hodges explains the many options available in laying patterns and provides top tips when creating the ultimate paved outdoor area for your home.

“Consider which paving colour will best complement your existing space by matching them with roof tiles, guttering, bricks or render,” Hodges said.

Stretcher Bond

Stretcher Bond is the most common paving pattern as it’s super DIY friendly, requires minimal cutting,

and leaves little wastage. A traditional pattern that replicates the classic look of brickwork, Stretcher Bond can also easily hide imperfections in the laying pattern.

Stack Bond

Stack Bond is an excellent choice when paving feature sections such as entertaining areas and patios, where the finished product sets the atmosphere of the space. Stack Bond is a great paving pattern choice for large format pavers and can make smaller layouts appear bigger. This pattern is simple to install however, it can become fiddly as you must lay each paver down by one corner, making sure that all four corners align for a straight stack look.

Herringbone

The Herringbone pattern is a savvy design choice and on the rise of making a styl-

ish comeback. To achieve this look, take a smaller-sized paver and interlock the pavers on a 90-degree or 45-degree angle.

Basket Weave

The Basket Weave pattern is a design that adds character, dimension, and can complement existing brick surfaces of your home. When picking a paver to style a Basket Weave, take a close look at the aggregates (exposed coloured stones in your current brickwork), and choose a paver that is complimentary to the aggregate colours. To create a Basket Weave pattern, simply lay two rectangular pavers the same way each time, swapping in direction every “set” of two pavers, and repeat.

Mixing colours

Mixing paver colours is a hot new trend on the masonry scene.

What is so great about this property?

This relatively newish unit is only four-years-old and still looks very modern and appealing. The location is perfect being so close to the Nepean Hospital and a short two minute drive into the Penrith CBD.

Who does this property suit?

This property is perfect for any first home buyer or first investment.

Tell us about the suburb the property is in?

Penrith continues to grow each year with a wide range of new developments that is simply adding to the fantastic lifestyle this area now provides for people from all walks of life.

PENRITH

JORDAN SPRINGS | WARRAGAMBA

With over 20 years of industry and customer service experience, Christine is known to be approachable, considerate and offering attention to detail. Her experience and accomplished success with referral and return customers is an asset to Real Homes Realty.

Christine’s communication, customer service and negotiating abilities have been finely tuned to ensure she offers both owners and tenants a professional, reliable and ethical running of any portfolio.

Having a passion to work, with proven ability to mould positive outcomes and to obtain the best result for investment, Christine has satisfaction knowing that she is the person whose high standards and skills helped make it possible for the investor to accomplish peace of mind and the tenant to gain confidence with their agent.

Christine

Locals looking after Locals

wellestablished brand to market properties through forward thinking technologies, while retaining detailed local market knowledge.

From our highly trained team of professionals to our proven marketing systems, we are dedicated to making the process of selling or leasing your home as easy and rewarding as possible with a determination and focus on obtaining the best result for our clients.

Here at Better Homes & Gardens Property Solutions, our job is to guide you through the process of selling, leasing, or purchasing your home by providing professional advice, accurate appraisals, and constant communication to ensure you are kept updated and informed at all stages of the process.

If you are looking for an agent who is always willing to go above and beyond, with a total commitment to service you, then look no further and give us a call on 4739 4744 to discuss how we can help you realise your property dreams. Meet the team at Better Homes and Gardens Real Estate Property Solutions servicing all areas from Blacktown to Bathurst.

Bringing enthusiasm and a motivated attitude to Real Estate in Western Sydney, Aimee is committed to delivering record results and first -class client service.

An award-winning sales agent with knowledge across all areas of Real Estate, Aimee is an integral part of the Penrith/Wallacia team. Aimee’s knowledge and familiarity of the Nepean Region combined with her passion for a successful outcome and sharp attention to detail equals a professional and highquality standard on all that she is involved in.

This is a testament to her hard work and commitment to achieving the best results for her clients.

Penrith - AREA SPECIALIST

Morton Penrith – Thornton, has been managing and selling properties in Thornton Estate since the beginning of the first stage of units being constructed in 2016.

The Thornton office of Morton Penrith are servicing the Penrith area, primarily in Thornton Estate, and are selling around 150 properties a year, from development sites, to houses to apartments, off the plan, brand new completed and resales. Over 500 apartments and houses are also managed in Thornton, by an additional property management team of five property managers, two leasing consultants and an inspections officer, based in our 5/86 Henry Street, Penrith office.

Introducing the #TeamLipman sales team, from left to right:

• Jamie Bae joined TeamLipman in early 2022 as a Sales Associate and is responsible for appraisals, support with open for inspections, market watch and liaising with owners.

• David Lipman joined Morton in 2015 as a property manager in the Circular Quay office, then moved to the Crow’s Nest office in Leasing and then moved to the Penrith office. David is the team leader and is responsible for listing and negotiating all sales.

• SJ Singh joined TeamLipman in 2021 as the Buyer’s Agent where he is responsible for open for inspections, signage, buyer enquiry and social media.

• Mitchell Norman joined TeamLipman in the beginning of 2021 as Client Services Manager and he deals with the compliance and administration and progressing sales from deposit paid to exchange and then settlement.

Please contact David anytime for an obligation-free appraisal of your rental or sales property in Penrith. The team are ready to help with anything you need, including advice on buying, selling, or leasing and are happy to have a chat any time about the market or questions you may have about real estate.

Elders Wallacia Shop

CRASH WON’T BE AS BAD AS SOME ARE PREDICTING

Australian property prices proved resilient during the COVID-19 pandemic, and I expect they will remain so despite some scare mongering about the direction of the residential housing market as the domestic and global economy grapples with rising inflation and interest rates continue to head north.

According to CoreLogic, the leading provider of property data and analytics in Australia and New Zealand, Australian home values dropped 8.4 per cent between May last year and December 2022.

ANZ economist Shane Oliver expects home prices to fall another 9.0 per cent, resulting in a top to bottom fall of 15-20 per cent. He believes prices will bottom out in September this year and start making gains when the Reserve Bank of Australia (RBA) eventually starts to cut official interest rates again, possibly in 2024.

Too often there has been

talk of a property price crash after the record gains during the COVID era. This is unlikely to happen in Australia with so many vested interests in property, particularly all levels of government and the banks.

At the end of December 2022, the total value of Australian residential real estate was $9.3 trillion. However, outstanding mortgages against all resi-

dential housing are only $2.1 trillion – a very comfortable 22.5 percent Loan to Value ratio.

Almost 60 per cent of total Australian household wealth is held in residential property – which is one of the many reasons that government, the banks and the RBA will guard against any property price crash.

While we deal with more interest rate pain and some softening of prices for now, it is the expectation of most experts that the property market will bounce back.

The housing market is too important to fail. State governments in particular depend heavily on taxation revenue from property in the form of stamp duty and land tax. In NSW, budgeted property revenue of $16.5 billion accounts for 41.6 per cent of the state’s total taxation revenue.

And also consider the fact there is an under supply of housing due to the problems for the construction with building supplies and finding workers.

Do you read Western Property?

A lot of others do, too!

A lot of others do, too!

If your property isn’t advertised in here you are going to miss out on a lot of potential buyers. Tell your Agent that you want your beautiful property advertised in the best Real Estate resource in the area!

If your property isn’t advertised in here you are going to miss out on a lot of potential buyers. Tell your Agent that you want your beautiful property advertised in the best Real Estate resource in the area!

REAL ESTATE FLASHBACK

We look back at some Penrith restaurants from the past...

THE BLACK STUMP WAS LOCATED AS PART OF NEPEAN SQUARE ON STATION STREET.

THIS PHOTO WAS TAKEN IN THE 1980S AND SHOWS LA BOUDEUSE FRENCH RESTAURANT UPSTAIRS AT 542 HIGH STREET, PENRITH.

THE KEG WAS LOCATED ON THE CORNER OF HIGH AND EVAN STREETS IN PENRITH.

THE WHITE SWAN WAS A FAMILY FAVOURITE ON HIGH STREET IN PENRITH.