Just Real Estate December 2014 newsletter
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Transcript of Just Real Estate December 2014 newsletter
30 days — the key to optimizing price!
RP Data looked at the dis-
counts needed to sell
homes in a variety of time
frames,
Applying the right price
when your home goes on
the market can lead to a
faster sale, new RP Data
research has found.
Holding out longer for a
‘better price’ has been
shown to deliver the oppo-
site of what home sellers
hope for - longer sale peri-
ods and even bigger dis-
counts from the asking
price.
SEASONS GREETINGS - TO ALL OUR VALUED CLIENTS
Just Real Estate Today Estate Today
Short points of Interest
APRA data shows invest-
ment lending continues to
outpace growth on owner
occupier loans.
Quick sales result in lower
levels of vendor discount-
ing.
High yield, high capital
gains in the Melbourne
market.
Melbourne house prices on
the rebound, median value
has risen 14.7% since Dec
2012.
Sydney auction market at
18 month low.
December 2014
Inside this issue:
30 days - the key to
optimizing price!
1
Our Christmas mes-
sage to our clients.
1
Sale of the Month 2
For Sale 2
Our Team 3
For Rent Berwick 3
For Rent Berwick 3
Our People —
Barry Erlenwein
4
Investment property
now pays for itself!
4
A Light Hearted Look 4
Berwick Newsletter
ranging from less than 30
days to up until 120+ days.
Homes sold in less than 30
days consistently recorded
the lowest level of discount-
ing from the vendor’s ask-
ing price. By contrast,
homes that took over 120
days to sell consistently
recorded the highest levels
of vendor discounting. In
the past five years homes
sold in less than 30 days
by an average of 3.9%.
Those selling between 30
and 60 days averaged dis-
counts of 5.2%, 60 to 90
days were discounted by
6.5%, 90 to 120 days –
7.6%, and after 120 days,
discounts were over 10%.
The findings highlight the
importance of setting a re-
alistic price, from the out-
set, to achieve the optimal
result.
Experience & Integrity
with a Passion for
Excellence If your thinking of selling, our professional sales team at Just Real Estate in Ber-
wick can help. Call us now for a free market appraisal, you may be pleasantly
surprised! 9707 3322
63 Star Crescent
Hallam
SOLD $2,300,000
The versatility of this superb factory
was recognized by an astute buyer.
The property came with - 2 overhead
cranes (10 tonne and 5 tonne) and a
factory working area of 1787 sq mtrs.
There are very functional and cleverly
designed offices with exposure to
natural light - a ground floor office of
150 sq mtr and a further office on
level 1 of 201 sq mtrs.
It also offered 41 car parking spaces
all on land of 3821 sq mtrs.
If you or someone you know has a
Commercial property to sell then
contact STEVE KUSTREBA at Just
Real Estate in Berwick on 9707 3322
or his mobile 0417 366 336, he’ll
get the job done for you.
For Sale
SALE OF THE MONTH
Immaculate 4 Bedroom Home
Berwick - Buyers above $510,000
92A Golf Links Road
Immaculate 4 bed home, fes, family bathroom, open
plan, family area, hydronic heating, rev cycle air con,
quality inclusions, dble gge, block of 653 sq mtrs.
Eve Estate
Cranbourne North — Buyers above $490,000
7 Kindred Avenue
It’s all done! 4 beds, fes, family/meals, rumpus,
modern kitchen, s/s appliances, ducted heating, evap
cooling, al-fresco, dble gge and beautiful gardens.
Trendy Townhouse
Hallam - Buyers above $340,000
5/1 Young Road
Prime location, 2 living zones, 3 bedrooms, semi en-
suite, modern kitchen, solid Kempas timber floors,
ducted heating, evap cooling, remote control sgle gge.
Beautiful Harkaway
Harkaway - Buyers over $575,000
34 George Rae Avenue
Light filled 4 bed family home, parents retreat with
balcony, 2 living areas, spacious kitchen, timber
floors, ent area, beautiful gdns, just under 1/4 acre.
36 Squares of the Tropical Lifestyle
Narre Warren Sth - Buyers above $600,000
6 Mercy Court
Experience the Tropical feel with Palms and a fantas-
tic swimming pool, 4 beds + study, 3 living zones,
great views, dble gge and a block of 793 sq mtrs.
Classy with Stunning Views
Beaconsfield - Buyers above $780,000
24 North Hidden Valley Circuit
Bowman’s Track location, stunning views, executive
style home, 4 beds + study, lounge, family area,
rumpus, parents retreat, great kitchen & dble gge.
If your thinking of leasing or selling your property, our professional team at Just Real
Estate in Berwick can help. Call us now for a free market appraisal, you may be
pleasantly surprised! 9707 3322
OUR TEAM For Rent
Large, Luxury Family Home
BERWICK $475 per week 49 Saul Avenue
4 beds, main - wir & fes, upstairs rumpus, 3 living areas, great
kitchen with 900mm s/s dual fuel cooker, extra large entertaining
area, dble gge and good back yard. Available 10/01/2015.
For Rent
BERWICK $410 per week 106 Skyline Way
Eden Rise location, great 4 bed + study home, fes to main, formal
lounge, large family room, ducted heating, evap cooling, kitchen/
meals overlooking back yard. Available 10/01/2015 Experience & Integrity
with a Passion for
Excellence
Experience & Integrity
with a Passion for
Excellence
If you are thinking of LEASING your investment property with a different agency then
speak to our Property Management Team at Just Real Estate in Berwick, they have the
passion and local experience to make a difference. 9707 3322
A Light Hearted Look!
Excerpts from actual letters sent to landlords
I am writing on behalf of my sink which is running away from the wall.
The toilet is blocked and we cannot bath the children until it is cleared.
When the workmen were here they put their tools in my wife’s new drawers
and made a mess. Please send me men with clean tools to finish the job
and keep my wife happy.
In accordance with your instructions, I have given birth to twins in the enclosed envelope.
the past 12 months the lower in-
terest rate environment being the
main drivers. However, the pro-
spect of gradual capital gain adds
to the appeal of real estate when
compared to other more liquid
asset investment classes. Yields
are rising and this trend is ex-
pected to continue with no pro-
spect of Australia’s supply short-
age being solved in the near
term. Up-graders are locking in
low rate mortgages and leverag-
ing their savings of the past 5
years to improve the family
home.
Investment property now pays for itself!
OUR PEOPLE
BARRY ERLENWEIN
MANAGING DIRECTOR
Barry brings a wealth of knowledge and the weight of experience gained over 30 years to his role as Managing Director of Just Real Estate.
Barry is involved in several other small business and community areas, stemming from his engi-neering and family interests. Friendly, trustworthy and hands-on in all his business dealings, Barry maintains strong, ongoing relationships with his many cli-ents, often for years after the sale or purchase of their home.
To experience the Just Real Estate difference
please contact BARRY ERLENWEIN
on 9707 3322 or alternatively on his mobile
0409 324 180
JUST REAL ESTATE
22 Gloucester Avenue
BERWICK
Vic 3806
Phone : 9707 3322
Email : [email protected]
Whereas first homebuyers led the
market recovery in 2009, following
the impact of the GFC, investors
and upgraders are leading the
charge this time. In May, investors
committed to the highest level of
property investment finance since
before the GFC - $8.4 billion. With
variable interest rates sitting at
around 5%, the lowest in 50 years,
it’s now very easy to find cash flow
positive properties that almost pay
for themselves. find cash flow pos-
itive properties that almost pay for
themselves. Property investment
finance has risen by 23.7% over
MAXIMUM EXPOSURE! We are very proud of our office in Berwick. We are situated along
Gloucester Avenue in a prime position for our sellers and property
investors. Come in and meet our friendly and professional staff to
discuss any of your real estate needs.