Market Review Template Q2 2016.pub
MARKET REVIEW BALDIVIS Q2 2016 Hello & welcome to our 2nd quarter update for 2016. There has been a lot of negative press regarding the real estate market in WA but we have found buyer activity in the market to be steady in our region.
The Reserve Bank reduced interest rates again this month to the historic low of 1.5%. All of this shows that it’s an ideal time to invest in property. Affordability is the key and with rates low, experts are advising this is pretty much the ‘bottom’ of the market.
Recent news has shown whilst the Perth metro area in general have had median prices decrease in the We love to be involved in our community, so if you past 6 months, the coastal suburbs are holding their have an event coming up and you would like us to own when it comes to value. Secret Harbour & assist, please let us know. Warnbro are in the top 10 suburbs for growth with 2.9% & 2.7% respectively for the year to date. We hope you enjoy the cross section of sales and Property investors have a bit to smile about with listings you will find on the following pages that Hillman once again starring in the top yielding relate to your suburb. If you have any questions suburbs. For the 12 months to April 2016, the regarding the market place then please contact me suburb is at #2 with a strong return on investment at directly and we will be happy to answer them. 5.6%. Keep warm with all the chilly weather still ahead of Baldivis was also recently crowned as ‘The fastest us and we hope to see you out and about in our growing suburb in Australia’ and has consistently community. rated as one of WA’s population magnets in recent years.
Ray White Corby & Co
T 08 9524 1882 | E [email protected] 64a Clyde Avenue, Baldivis | raywhitecorbyco.com.au
Market Review Baldivis Q2 2016
Its been another busy quarter for us all. The sales team have consistently achieved great results plus our property management team have performed strongly. They are steadily leasing our management properties with properties being on the market for 18 days less than the current industry average. Based on a rent of $400 per week - this is an extra $1025 in our owners pockets. It's seemed to be a long winter so far and we still have a few months of chilly weather ahead. One of our neighbors has been sneaking in and taking advantage of our sunny office space.
Recent Activity
Sales and Listings
For Sale
4
2
2
Baldivis 44 Arrino Parade Offers from $499,000
4
2
2
Baldivis 8 Ruskin Brace Make an offer
4
2
2
Baldivis 10 Chandler Ramble All Offers Considered
4
2
2
Baldivis 9 Icelandic Meander Offers from $429,000
3
2
2
Baldivis 1 Miles Entrance Offers from $459,000
4
2
2
Baldivis 15 Litoria Turn Offers from $565,000
4
2
2
Baldivis 7 Felton Parkway Offers from $489,000
4
2
2
Baldivis 24 Jezabeel Street Offers from $485,000
Testimonials
“ “ “ “ “
“ “ “ “ “
We recently sold our house with Kathy, we can't recommend her highly enough. Her professionalism combined with her honesty and an individual approach made us feel we were her No 1 priority in a competitive market, using an approach that achieved a sale price above expectation. Her friendliness made what can be a stressful life change so much easier, we will in fact miss working with her. Thank you again!
It is fantastic that we found an agent who is so willing to help us with all of our questions. We really appreciate all the time Taryn has given us in guiding us through the sale process. Taryn is professional, friendly and works hard for the client. She is energetic & focused.
Leanne, we are so grateful for all your help & guidance with selling our investment property. Your social media skills are incredible—we were absolutely astounded that you sold our house via skype! The enthusiasm and energy you extend in your work is admirable and we have no hesitation in recommending you to prospective Sellers and Buyers.
The level of service offered by Bianca was phenomenal. The house was under offer in under 48hrs from the moment it went on the market. Communication was fantastic throughout the entire process.
Elsie managed to sell our home in 3 days! Wow. She is just so professional but also very personable. In the end I guess it’s her combination of experience and work ethic which results in her continuous high achievements. We will certainly recommend her.
Corby & Co Property Management Our boutique sized portfolio allows us to provide a level of service and attention to detail that no one else can match. To put this in perspective: • Ray White Corby & Co currently manage 60 properties per Property Manager • Industry standard is well over 100 properties per Property Manager Compare our service below and see how we stack up against the competition. Ray White Corby & Co
Direct Comparison
Our average time it takes us to find a tenant for our investors is 13 days, the average according to pricefinder.com.au is 52. This is an extra 39 days of rent our investors are receiving. To put this in perspective, if you rproperty is leased for $450 per week, this equates to $2507 of rental income. Our senior Property Manager, Debbie Rose, has over 5 years experience in eliminating stress for the property owners she manages. Our support team have a combined 47 years experience in the financial and settlement industry. This ensures all money, receipting, maintenance, follow ups, reports and invoices are dealt with in a highly professional manner. The owners of the business, Doug Corby and Elsie Corby, have a hands on approach. Being part of Ray White means our staff are trained to the nth degree and are fully qualified, we have ongoing support and training which means we are the best in the field. Our office is located in close proximity to the properties we manage, allowing us to keep that extra watch on your investment. On the way to other appointments and even to and from home, our staff will be driving past constantly. We currently have 0 rent arrears across all our managed properties, meaning all the funds our owners deserve, they receive. With maintenance, you are asked to approve all works prior to any maintenance taking place. Not only do we manage the property with care but we also treat the tenant with respect to ensure your rental income is consistent. All tenant application references are called to ensure we are recommending the best long term tenant for your property We don’t focus on the first home open, we focus on getting you the best tenant that will respect your property. All our owners can visit their online account at any time to check owner statements, invoices and to see if their rent is up to date. With the systems and procedures we follow, all activities that are required to take place are completed in the specified time. Taking the stress away from you. *Facts and figures as of 21/1/16
Ray White Corby & Co
At Ray White we get you more. Here’s how. At Ray White we work harder for our customers. With the benefit of experience, we take the time to understand your needs up front. During the campaign, we use a refined set of processes that have been specifically designed to get you the best possible price for your property. We are the experts on the Baldivis & Greater Rockingham area. We know firsthand what makes the area and the lifestyle attractive. What’s more, we know what motivates buyers in the local market. Our comprehensive past client and buyer database ensures that your property is presented to more genuine buyers, to maximise the competition to buy your property.
Ray White Corby & Co
Contact Ray White Corby & Co T 08 9524 1882 F 08 9524 2147 E [email protected] 64 Clyde Avenue Baldivis, WA 6171 raywhitecorbyco.com.au
Advertise your business here. Call Doug Corby on 0405 773 996 to discuss.
The Reserve Bank reduced interest rates again this month to the historic low of 1.5%. All of this shows that it’s an ideal time to invest in property. Affordability is the key and with rates low, experts are advising this is pretty much the ‘bottom’ of the market.
Recent news has shown whilst the Perth metro area in general have had median prices decrease in the We love to be involved in our community, so if you past 6 months, the coastal suburbs are holding their have an event coming up and you would like us to own when it comes to value. Secret Harbour & assist, please let us know. Warnbro are in the top 10 suburbs for growth with 2.9% & 2.7% respectively for the year to date. We hope you enjoy the cross section of sales and Property investors have a bit to smile about with listings you will find on the following pages that Hillman once again starring in the top yielding relate to your suburb. If you have any questions suburbs. For the 12 months to April 2016, the regarding the market place then please contact me suburb is at #2 with a strong return on investment at directly and we will be happy to answer them. 5.6%. Keep warm with all the chilly weather still ahead of Baldivis was also recently crowned as ‘The fastest us and we hope to see you out and about in our growing suburb in Australia’ and has consistently community. rated as one of WA’s population magnets in recent years.
Ray White Corby & Co
T 08 9524 1882 | E [email protected] 64a Clyde Avenue, Baldivis | raywhitecorbyco.com.au
Market Review Baldivis Q2 2016
Its been another busy quarter for us all. The sales team have consistently achieved great results plus our property management team have performed strongly. They are steadily leasing our management properties with properties being on the market for 18 days less than the current industry average. Based on a rent of $400 per week - this is an extra $1025 in our owners pockets. It's seemed to be a long winter so far and we still have a few months of chilly weather ahead. One of our neighbors has been sneaking in and taking advantage of our sunny office space.
Recent Activity
Sales and Listings
For Sale
4
2
2
Baldivis 44 Arrino Parade Offers from $499,000
4
2
2
Baldivis 8 Ruskin Brace Make an offer
4
2
2
Baldivis 10 Chandler Ramble All Offers Considered
4
2
2
Baldivis 9 Icelandic Meander Offers from $429,000
3
2
2
Baldivis 1 Miles Entrance Offers from $459,000
4
2
2
Baldivis 15 Litoria Turn Offers from $565,000
4
2
2
Baldivis 7 Felton Parkway Offers from $489,000
4
2
2
Baldivis 24 Jezabeel Street Offers from $485,000
Testimonials
“ “ “ “ “
“ “ “ “ “
We recently sold our house with Kathy, we can't recommend her highly enough. Her professionalism combined with her honesty and an individual approach made us feel we were her No 1 priority in a competitive market, using an approach that achieved a sale price above expectation. Her friendliness made what can be a stressful life change so much easier, we will in fact miss working with her. Thank you again!
It is fantastic that we found an agent who is so willing to help us with all of our questions. We really appreciate all the time Taryn has given us in guiding us through the sale process. Taryn is professional, friendly and works hard for the client. She is energetic & focused.
Leanne, we are so grateful for all your help & guidance with selling our investment property. Your social media skills are incredible—we were absolutely astounded that you sold our house via skype! The enthusiasm and energy you extend in your work is admirable and we have no hesitation in recommending you to prospective Sellers and Buyers.
The level of service offered by Bianca was phenomenal. The house was under offer in under 48hrs from the moment it went on the market. Communication was fantastic throughout the entire process.
Elsie managed to sell our home in 3 days! Wow. She is just so professional but also very personable. In the end I guess it’s her combination of experience and work ethic which results in her continuous high achievements. We will certainly recommend her.
Corby & Co Property Management Our boutique sized portfolio allows us to provide a level of service and attention to detail that no one else can match. To put this in perspective: • Ray White Corby & Co currently manage 60 properties per Property Manager • Industry standard is well over 100 properties per Property Manager Compare our service below and see how we stack up against the competition. Ray White Corby & Co
Direct Comparison
Our average time it takes us to find a tenant for our investors is 13 days, the average according to pricefinder.com.au is 52. This is an extra 39 days of rent our investors are receiving. To put this in perspective, if you rproperty is leased for $450 per week, this equates to $2507 of rental income. Our senior Property Manager, Debbie Rose, has over 5 years experience in eliminating stress for the property owners she manages. Our support team have a combined 47 years experience in the financial and settlement industry. This ensures all money, receipting, maintenance, follow ups, reports and invoices are dealt with in a highly professional manner. The owners of the business, Doug Corby and Elsie Corby, have a hands on approach. Being part of Ray White means our staff are trained to the nth degree and are fully qualified, we have ongoing support and training which means we are the best in the field. Our office is located in close proximity to the properties we manage, allowing us to keep that extra watch on your investment. On the way to other appointments and even to and from home, our staff will be driving past constantly. We currently have 0 rent arrears across all our managed properties, meaning all the funds our owners deserve, they receive. With maintenance, you are asked to approve all works prior to any maintenance taking place. Not only do we manage the property with care but we also treat the tenant with respect to ensure your rental income is consistent. All tenant application references are called to ensure we are recommending the best long term tenant for your property We don’t focus on the first home open, we focus on getting you the best tenant that will respect your property. All our owners can visit their online account at any time to check owner statements, invoices and to see if their rent is up to date. With the systems and procedures we follow, all activities that are required to take place are completed in the specified time. Taking the stress away from you. *Facts and figures as of 21/1/16
Ray White Corby & Co
At Ray White we get you more. Here’s how. At Ray White we work harder for our customers. With the benefit of experience, we take the time to understand your needs up front. During the campaign, we use a refined set of processes that have been specifically designed to get you the best possible price for your property. We are the experts on the Baldivis & Greater Rockingham area. We know firsthand what makes the area and the lifestyle attractive. What’s more, we know what motivates buyers in the local market. Our comprehensive past client and buyer database ensures that your property is presented to more genuine buyers, to maximise the competition to buy your property.
Ray White Corby & Co
Contact Ray White Corby & Co T 08 9524 1882 F 08 9524 2147 E [email protected] 64 Clyde Avenue Baldivis, WA 6171 raywhitecorbyco.com.au
Advertise your business here. Call Doug Corby on 0405 773 996 to discuss.
