Bourkes Property Magazine Issue 20

property magazine

We’ve started the year with a

BANG!

Issue 20

feb / mar 2016

bourkes blog WELCOME to 2016!

(The year of the Monkey) Apparently this February we have 4 of each day of the week, which occurs every 823 years! And you thought it was going to be the same as before!

January sales started later, as we expected, as a result of people having their annual holidays in the first 2-3 weeks of the year.

Listing numbers are starting to decline, which is a positive sign. We are down to 14,900 from close to 17,000 in December. Not all of these have sold - some have been rented out (to come back later and be sold).

Vacancy rates dipped before Christmas with the keenness of tenants to move into new homes for Christmas.

The vacancy rate has now increased again to approximately 7% as transfers force mobility.

2016 will see the Perth market bottom out with price. Either mid year or the end of the year. Traditionally, investors are the first ones back into the market. They see low prices and realistic rents so if the rate of return is enticing now, it will improve over time as prices and rents improve.

We hope 2016 is your year!

sales / auctions / property management

272 Canning Highway Como Western Australia 6152 PO Box 402 Como WA 6952 / T 08 9474 2000 E reception@bourkes.com.au / bourkes.com.au f /bourkes.property

Want to advertise with us?

Contact marketing@bourkes.com.au for the 2016 rate card

BOURKES GIVES BACK

Some of the bright and bubbly team at Bourkes with gifts collected from all staff for the 2015 Salvo’s Appeal As part of our continued efforts to assist the Red Cross Blood Donor Appeal, thank you to Tim Christian, Gaynor Head (Plasma Donation), Steve Webster, Chadi Damouni and also, Kim Austen for coordinating the team effort

Always, should you need any help with your real estate needs, give our hard working team a call.

Alan Bourke

Principal / Auctioneer

attadale

7 GROVEs ave

live on the river’s edge!

1-3

•

•

1+

1+

Boutique, bespoke designed low-rise complex of only 34 apartments with rare feature of a private, securely gated, resident-use only 2,000 square metre garden designed by internationally acclaimed landscape designer, Australia’s own Jamie Durie Choice of 1 or 2 bedroom apartments and 3 bedroom Penthouse apartments

for sale / FROM $539,000

karen firth M / 0411 429 069 E / karen@bourkes.com.au

cOCKBURN CENTRAL

23 JunCTION BLVD

COCKBURN (VERY) CENTRAL! 3

2

1

• Penthouse-like living - top floor • Metres to Gateways Shopping and Train Station • Resort-style pool • Spacious bedrooms all with BIR’s

for sale / MID-LATE $400’S

karen firth M / 0411 429 069 E / karen@bourkes.com.au

como

40 Alston ave

step up to new heights!

4

2

2

•

Executive living

•

Located on a whisper quiet street

•

High ceilings throughout

•

Quality appliances

•

Fully ducted reverse cycle air conditioning

for sale / FROM $899,000

chadi damouni M / 0413 655 962 E / chadi@bourkes.com.au

The affordable way to generate maximum market response to your property is through FHSA’s styling services - Styled homes sell for the maximum price in the shortest time - A styled home stands out from the competition

Congratulations to

- Furniture placement offers a better perspective of the rooms potential

James Thompson - A styled home allows for exceptional photography for your advertising materials

on ranking 18th in the Top 50 estate site visits experienced stylists are available for real complimentary - Our professionals andinstall 2ndandoverall team will deliver, pick up in - Our professionalnationally Western Australia as awarded by 27 Belmont Avenue, Belmont, “Real Estate Business Online�.

Western Australia 6104 T:

(08) 9475 2000

COMO

with

Trish Kenny

2 Properties SOLD on 1 Day No property is the same.

Gardner Street, Como

Contact me today for a specially tailored strategy to successfully

your

sell

property

FAST!

Gardner Street, Como

Great results do not happen by chance. If you are considering selling I would love to work together with you.

Trish Kenny 0417 012 273

trish@boukes.com.au

como

22 bland st

an ideal blend!

3

2

3

•

Green title home on 555m²

•

Family-friendly layout

•

Sparkling pool with alfresco spaces

•

Close to schools and shops

for sale / $799,000

karen firth M / 0411 429 069 E / karen@bourkes.com.au

como

4/4 Brittain st

not so little brittain!

2

•

1

1

Spacious single level rear villa with no steps or stairs!

•

Light, bright, recently renovated in a great location

•

Sparkling modern bathroom, lots of storage

•

Split system A/C, security lights and doors

for sale / FROM $479,000

karen firth M / 0411 429 069 E / karen@bourkes.com.au

Crab, Pink Grapefruit & Fennel Salad Dressing

Ingredients - Serves 2 150g cooked crab meat 150g bulb baby fennel, thinly sliced 1 pink grapefruit, peeled and sliced baby (micro) basil leaves, to serve

2 tablespoons pink grapefruit juice 1 tablespoon white balsamic vinegar 1/4 teaspoon dried chilli flakes 1 tablespoon olive oil Sea salt and cracked black pepper

To make the dressing, place the grapefruit juice, vinegar, chilli, oil, salt & pepper in a bowl and whisk to combine. Set aside. Place the crab in a bowl, sprinkle with salt & pepper and mix to combine. Add the fennel and pink grapefruit, drizzle with the dressing and toss. Divide between plates and top with baby basil leaves to serve.

Crayfish in Green Pepper Sauce Ingredients - Serves 2 2 cray tails (uncooked), cut into medallions 20g butter 1 tablespoon sherry (brandy may be substituted) 1/2 cup white wine 1/2 cup water with 1 chicken stock cube 1 tablespoon (heaped) of green peppercorns (canned) 1/3 cup thickened cream Penne pasta Butter / chopped parsley Lightly toss the medallions in seasoned flour. In a heavy skillet, melt butter and saute crayfish until golden. Add sherry, white wine, stock and peppercorns – simmer gently until tender. Remove the meat and keep warm. Boil the sauce for 3 minutes, add cream and combine, add the crayfish to reheat. Serve over penne tossed with butter & parsley. Great with a salad.

Gaynor (Bourkes resident administration hero), together with her partner Mark, love nothing more than an early morning outing on the boat and dive for their own crayfish.

Here, Gaynor has shared one of her favouriite summertime dinner menus.

como

1/5 bruce st

supervilla!

3+

2

2

Large street front villa in super quiet location which is ideal for up-sizers, down-sizers or first timers!

adam piller M / 0402 456 485

• Re-furbished bathrooms • No common walls

E / adam@bourkes.com.au

• Front and rear courtyards • Double garage with own driveway

for sale / offers over $650,000

THE YEAR THAT WAS! Perth property market shows signs of stabilising!”

This is welcome news after a turbulent 2015, highlighted by volatility in commodity prices and the “slowdown” in domestic mining activity.

The latest preliminary data from the Real Estate Institute of Western Australia (REIWA) shows a fall in the number of properties for sale and a marginal increase in the Median house price, both positive indications that the Perth property market may be showing signs of stabilising.

REIWA President Hayden Groves said “the total number of listings as at 31 December 2015 was 14,539, an adjustment from the November figure of 16,475...”

This sharp decrease in the number of properties currently available for purchase means there is now less choice for buyers than there was for most of the last quarter of 2015.

If you have been waiting for ‘the bottom of the market’ to purchase your next home or investment property, these latest statistics suggest that now may be the right time to buy, before the competition hots up and prices start to rise again.

To help put things in perspective, let’s look at the key statistics that indicate what’s currently happening (and what the future holds) for real estate in Como.

As always, please don’t hesitate to contact me to discuss your individual real estate needs. It will be my pleasure to assist you.

PS. Follow me on Facebook at ComoLIVE! or Instagram @ jamesthompsonteam for all the latest in local real estate, events, social and community info.

Best wishes,

como

3/39 gardner st

stylish home in dream location 3

2

2

• Secure, rear home with its own gate on 331m² • Renovated, repainted and immaculately presented • Open plan living, study and dining

for sale / from $750,000

alan bourke M / 0419 474 240 E / alan@bourkes.com.au

como

16/171 labouchere rd

rooftop penthouse living!

3

2

2

• Panoramic views from Melville Water to Perth CBD • Massive 20-metre wrap-around balcony • Chef’s galley kitchen, open plan living - floor to ceiling windows • Cafes, restaurants, cinema and shops galore steps away • Full security and gated access

for sale / mid $1M’s

karen firth M / 0411 429 069 E / karen@bourkes.com.au

como

1/207 labouchere rd

SIZE & STYLE WILL SURPRISE! 4

1

1

2

• Renovated street front character home • Magnificent resort-style alfresco area • Easy care below ground pool • 350m² to Preston Street and 500m to Como Beach

for sale / FROM $799,000

the james thompson team M / 0421 677 856 E / james@bourkes.com.au

Fabulous Plants - Unique Gifts unique pots | quality plants indoor and outdoor wall art | statues | garden art | herbs gift plants | orchids | garden design Potting and Landscaping service Reticulation fittings & Vertical garden walls Garden consultations and Maintenance Fabulous gift shop Open 7 Days 9am to 5pm 62 ANGELO STREET, SOUTH PERTH T: 9474 2649 E: gardenaffair@bigpond.com “let us brighten up your outdoor room�

como

50 lockhart st

high end, high spec living 4

3

2

• Architecturally designed and Master-built to the highest standards • Approx 300m² of living space • Spacious rooms throughout • High ceilings • Ducted refrigerated reverse cycle air conditioning

for sale / FROM $1,199,000

chadi damouni M / 0413 655 962 E / chadi@bourkes.com.au

COMO

1/101 mcdonald st

ol’ mcdonald has a home!

2

1

2

• Spacious 2 bedroom townhouse with high pitched ceilings • Central Como location, walk to shops, cafes and cinema • Extensive backyard space - room for a pool and more!

for sale / FROM $499,000

karen firth M / 0411 429 069 E / karen@bourkes.com.au

como

26/137 melville pde

golden sunset$ 2

2

• Investment opportunity at popular Broadwater Resort • 80m² of living space • Resort facilities including pools and restaurant • Enrich your lifestyle and portfolio!

for sale / from mid $400’s

karen firth M / 0411 429 069 E / karen@bourkes.com.au

como

40 robert st

prime pasture in a privileged position!

3

2

2+

• Elevated 1012m² block zoned R20/30 • Potential river panorama from a 2nd storey • Charming character home with a pool • R.O.W. access at the rear

for sale / from $1.399M

the james thompson team M / 0421 677 856 E / james@bourkes.com.au

Kensingtology Call me anytime to meet at The Little Banksia cafe for a coffee with my compliments to discuss your property.

Welcome to 2016!

Welcome to the Year of the Monkey and we hope it proves to be your year!

The first quarter in any new year proves to be our busiest. This is because of transferees to Perth from the country, interstate and overseas.

Kensington is a suburb that is always in demand due to its proximity to the city and great educational facilities. Primary, secondary, private and tertiary options are all close by.

There is a good selection of property in all price ranges for buyers at prices lower than 8 years ago.

So if you’re moving, I want to be part of your journey.

Please call me today on 0411 429 069.

MARKET FACTS VOLUME OF SALES (By Type) HOUSES

8

UNITS

2

LAND

0

HOUSE SALES

18

10

FOR SALE

SOLD

UNIT SALES

Highest Sale

$1,167,500

Highest Sale

$450,000

Lowest Sale

$375,000

Lowest Sale

$325,000

(Source REIWA as at 11/01/2016)

Karen Firth 0411 429 069 karen@bourkes.com.au “For what it’s worth call Firth!”

kensington

33 gwenyfred rd

hello... is it me you’re looking for?

3

1

2

• Green title 544m² block • Lush gardens/backyard • Jarrah floors throughout • Build, extend, renovate, add value!

for sale / From $750,000

karen firth M / 0411 429 069 E / karen@bourkes.com.au

What we do

1. Managed services 2. Cloud services 3. Network management 4. Project services

Is this you?

• Receiving bad service from the current supplier?

• Disaster in the current IT environment?

5. Website management 6. Hosted VoIP Systems

How we do it

1. Install reliable systems

• Want to migrate to cloud?

2. Maintain IT systems appropriately

• Spending too much time on your IT?

3. Cloud technologies with high uptime

For more information, contact Jawid

1300 85 77 45

info@lindentech.com.au Unit 7, 63 Shepperton Rd, Victoria Park

4. Reduce costs 5. Streamlining your business via IT

love at first sight 5

2+

2

•

Golden Triangle location

•

Exquisitely renovated and extended

•

High ceilings, in-floor heating

•

Jarrah floorboards, polished limestone

•

Ornate features throughout

kensington

•

Caesarstone kitchen with Miele

•

Multitude of storage options

•

Landscaped gardens

•

Solar panels, air conditioning

•

ROW / lane at rear

for sale / FROM $1.3M

160 hensman st

karen firth M / 0411 429 069 E / karen@bourkes.com.au

lathlain

93A HOWICK street

beauty & the best! brand new!

4

2.5

2

1

• Green Title, never lived in, street front executive residence on 506m² of prime land • Home office/study and theatre room • Double remote garage with shoppers entrance • High ceilings, reverse cycle zoned A/C • Gourmet chef’s kitchen with two ovens • Move-in ready and FIRB ok!

for sale / FROM $949,000

karen firth M / 0411 429 069 E / karen@bourkes.com.au

Have you noticed how much Rivervale is changing? A week doesn’t seem to go by without a home being demolished or a new home being built somewhere in our leafy streets.

If you think it’s only a recent trend then think again. Have a look at this picture and see if you can remember the building. You couldn’t drive down Great Eastern Highway and not notice the big painted sign on its walls.

When did it disappear? 1996 when we had the start of the Graham Farmer Freeway road works.

The building was thought to be one of the oldest buildings remaining in the district not just Rivervale.

Built around 1897, it just missed out on its 100th birthday - it was still in predominantely its original condition. Used as a clothing store, owned by a butcher, owned by a ladies fashion retailer, it later became a General Store and when Foodland was granted a gallon license, it bottled wine in a building built at the rear. The wine was sold under the Vinwarra label. 1963 saw it become a liquor store specialising in fine wines.

So change is always happening in Rivervale and you only have to look across the Great Eastern Highway and see the Springs Development to know changes for Rivervale are here to stay.

rivervale

6/12 alexander rd

private, secure & amazingly quiet 3

2

2

Single level villa in a convenient location which comes with a great tenant until end of May 2016!

• Set well back from the street • No common walls and leafy outlook • Lovely rear covered alfresco • Double garage and visitor parking at the door

for sale / $475,000

adam piller M / 0402 456 485 E / adam@bourkes.com.au

salter point

22 Sulman st

a view from the top 3

1

1

• Stunning potential second storey river views • 509m² lot • Huge 20.1m street frontage • Very rentable 3 bed, 1 bath, recently painted • Nestled amongst quality new builds • 3 minute walk to the river

for sale / FROM $869,000

graham thompson M / 0402 065 229 graham@bourkes.com.au

Help me to help the Esther Foundation & Halo Espresso Cafe With your help, I am extremely proud to be able to assist two local South Perth charities - Esther Foundation and Halo Espresso Cafe.

$500 from every sale is made to these two wonderful organisations.

Halo Espresso is an organisation that invests in local initiatives around the world to alleviate poverty.

100% of the profits directly support the work of Sonlife International.

Esther Foundation offers a range of support programs for women’s homelessness, health, development and leadership. The Esther Foundation also operates the Esther Cafe in Como with all proceeds going towards the facilitation of the Esther Foundation programs.

My clients and the customers of these two cafes share in this vision and make it possible to change people’s lives locally and around the world.

Graham Thompson 0402 065 229

south perth

17/21 angelo st

convenience central!

3

2

2

• Centrally located - a short stroll to Angelo St shops, cafes, restaurants, Coles • Recently renovated, light bright, neutral decor • Chef’s kitchen with stone bench tops, stainless steel appliances • Spacious outdoor entertaining area with direct access to Angelo St

for sale / from $690,000

karen firth M / 0411 429 069 E / karen@bourkes.com.au

SoUTH PERTH 394 MILL POINT ROAD south perth 61 coode st

SOUTH PERTH CHARACTER GEM! 4

2

4

• Stunning rare late 1920’s character home • Large extension with character features continued throughout • Huge open plan kitchen/living/dining • Fantastic cafe strip location • Teenagers retreat with TV and air conditioning • Video intercom security with remote gates

for sale / $1.6M

graham thompson M / 0402 065 229 graham@bourkes.com.au

SOUTH PERTH

14 delamere ave

substance & style with a family focus!

5

4

1

4

• Quintessential family home in a sought after riverside location • Multiple living & entertaining areas inside and out • 806m² Green Title block with North-facing rear • Close to Wesley College and the idyllic foreshore

for sale / from $1.6M

the james thompson team M / 0421 677 856 E / james@bourkes.com.au

Success Cres Batavia Way

Alston Ave

Salter Pt Pde Campbell St

“My reputation is built on my sales success”

Gwenyfred Rd

Reynolds Rd Canning Hwy

Labouchere Rd

Henning Cres

Sulman Ave

Reynolds Rd

Alston Ave Unwin Cres

Pepler Ave Gardner St

River Way

Conochie Cres

Klem Ave Kirkby Ridge

Edgecumbe St

Hope Ave

Isabella Cres

Godwin Ave Milson St

Boongala Cl Milson St

Kathryn Perin 0405 709 763

south perth

9/51 mill point rd

spectacular sunrises and sunsets 3

2

2

• Stunning views of the city skyline plus Melville Waters • Beautifully presented swimming pool, spa and well equipped gym • Premium peninsula location

for sale / from $1.295m

alan bourke M / 0419 474 240 E / alan@bourkes.com.au

south perth

7 onslow st

la grande dame 4

3

2

• Grand home on precious quarter-acre lot (1,014m²) • Landmark residence with numerous open living areas • Gourmet chef’s kitchen • Two fireplaces / timber flooring throughout • Impressive outdoor entertaining with pool • Development potential

for sale / $2.25M

karen firth M / 0411 429 069 E / karen@bourkes.com.au

SoUTH PERTH

15N/9 parker st

gob-smacking views!

2

1

1

• Breathtaking city and river views from every room • Solid timber floors and stone benchtops • Secure, undercover parking • On the doorstep to the Mends Street cafe precinct

for sale / FROM $699,000

the james thompson team M / 0421 677 856 E / james@bourkes.com.au

South Perth “Avenues” Specialist Cutting edge strategies, good old fashioned service!

• • • • • • •

Douglas Ave Arlington Ave Gladstone Ave Roseberry Ave Salisbury Ave Banksia Tce Hovia Tce

• • • •

Jameson St Brandon St Darling St Dyson St

S DAeY 4 1 Av IN

S DAY 4 1 d tR IN

E oin GON5 Mill P 32

99K

9 E SAL From $ R O F Rd t

289

Poin Mill

Call for immediate attention!

TIM CHRISTIAN 0402 706 734 tim@bourkes.com.au

E on GO6NArlingt 4

south perth

20 ridge st

charm & Character + views!

3

1

3

• Charming gated residence laced with period features • Perched high on the Ridge Street escarpment • Treetop and Swan River views that extend across to Mosman Bay • Set amongst some of South Perth’s finest homes • Highly sought after street address in a tightlyheld area

for sale / early $2M’s

karen firth M / 0411 429 069 E / karen@bourkes.com.au

SOUTH PERTH

19 strickland st

OUTSTANDING DEVELOPMENT OPPORTUNITY! 4

2

2+

• Under instruction from the Public Trustee • Deceased Estate Sale - Must Be Sold • 1012m² block zoned R25/40 • Existing 4 bedroom single level home

for sale / AUCTION

the james thompson team M / 0421 677 856 E / james@bourkes.com.au

victoria park

1/67 mccallum ln

PRICE SLASHED FOR IMMEDIATE SALE 2

2

1

• Overlooking parklands and the Swan River • Boutique size development only one year old • Well-equipped gym and pool • Good security with lockup garaging

for sale / LATE $600,000’s

alan bourke M / 0419 474 240 E / alan@bourkes.com.au

rentals

2-29 Ardross St APPLECROSS $400 2x1

4/160 Gwenyfred Rd KENSINGTON $380 2x1

3/48 Mounts St WEST PERTH $495 2x1

7/333 Canning Hwy COMO $420 P/W 2x1

suzanne morgan is bourkes’ residential leasing AGENT available on: 0419 536 954 | 08 9474 2000 OR: leasing@bourkes.com.au

3/358 Canning Hwy COMO $325 2x1

9B Briar Ct LEEMING $450 P/W 3x2

AVAILABLE NOW. please call for details OR VISIT BOURKES.COM.AU

23 Hampton St BURSWOOD $380 2x1

31 Bessell Ave COMO $550 P/W 3x1

14 Max Forman Ct COMO $850 P/W 4x2

81A Todd Ave COMO $620 P/W 4x2

83 Enfield St LATHLAIN $370 P/W 3x1

19A McKay St WATERFORD $370 P/W 2x1

Want to know what price your property would rent for?

Call Kim Austen today on 0447 779 989 or email kim@bourkes.com.au for a realistic and up-to-date market appraisal

Enjoy the experience of our

ALAN BOURKE

Steven webster

0419 474 240

0413 310 330

KAREN FIRTH

0411 429 069

ADAM PILLER 0402 456 485

JAMES THOMPSON 0421 677 856

Principal / Licensee

Sales Director

Senior Sales Executive

Senior Sales Executive

Sales Executive

alan@bourkes.com.au

steven@bourkes.com.au

karen@bourkes.com.au

adam@bourkes.com.au

james@bourkes.com.au

brian liao

0475 950 438

NATHAN MORTON-SMITH MARCELLO WIDMER Roxanne venn-brown

Sales Executive brianl@bourkes.com.au

robert sain

0423 344 536

0424 078 881

9474 2000

0438 110 515

Sales Partner to Steve Webster

Sales Partner to Karen Firth

Sales Partner to Adam Piller

Buyer Manager James Thompson Team

nathan@bourkes.com.au marcello@bourkes.com.au roxanne@bourkes.com.au robert@bourkes.com.au

JULIANA STANKO 9474 2000

Gaynor Head 9474 2000

sara buvari 9474 2000

Executive Assistant to Alan

Office Manager

Administration Manager

juliana@bourkes.com.au gaynor@bourkes.com.au

sara@bourkes.com.au

ROXANNE FORD 9474 2000

Meaghan James 9474 2000

Marketing

Reception

rford@bourkes.com.au reception@bourkes.com.au

award winning team...

GRAHAM THOMPSON chadi damouni 0402 065 229 0413 655 962

TRISH KENNY 0417 012 273

tim christian 0402 706 734

KATHRYN PERIN 0405 709 763

Sales Executive

Sales Executive

Sales Executive

Sales Executive

Sales Executive

graham@bourkes.com.au

chadi@bourkes.com.au

trish@bourkes.com.au

tim@bourkes.com.au

kathryn@bourkes.com.au

sharon leong

kim austen

9474 2000

0447 779 989

Executive Assistant to James Thompson Team

BDM /Property Manager

sharon@bourkes.com.au

kim@bourkes.com.au

nicole milanko dominique parisot marie corrignan

9474 2000

0421 568 797

0417 788 161

Head of Property Management

Senior Property Manager

Property Manager

nicole@bourkes.com.au dominique@bourkes.com.au marie@bourkes.com.au

shauna moloney zana nestorovska suzanne morgan

0458 708 187

0416 148 486

Property Manager

Property Manager

0419 536 954 Leasing Agent

shauna@bourkes.com.au

zana@bourkes.com.au

leasing@bourkes.com.au

Š Bourkes 2015.

All rights reserved. No part of this publication may be reproduced in any form without prior written consent by Bourkes.