CY Magazine - Issue 136

Contemporary Style, Flexible Spaces May 2020 / Issue 136

08 9385 5559 / www.capornyoung.com.au

WELCOME

Richard Young - CEO, Caporn Young Estate Agents

PERTH PROPERTY: PERCEPTION VS FACT At the risk of using an overused word, uncertainty is the key driver impacting property markets right now. This is really important to consider, because it exposes a deeper truth, which is that perception rather than facts can have a bigger impact on our economy and property markets than we previously realised.

The last two months are the perfect case study for this. At Caporn Young, we have experienced an increase in enquiries and a corresponding uplift in genuine buyer inspections. This is against a backdrop of low stock levels, with very few sellers entering the market as they´re not confident they´ll secure a good price. Maybe the perception is the market is falling or property prices are on their way down, but we are only seeing a small shift in values. If a property is in the selling zone-it will sell and if it´s not it won´t-

simple! While its true that sales activity is down the most recent REIWA figures show a reduction of just over 7% - there are still plenty of qualified buyers in the market who are ready to take action on their real estate goals. Many sellers may be thinking that this is not the time to sell, with instability around the economy and employment.

But with mortgage relief measures that have been put in place until October, together with Job Keeper and Job Seeker packages, which are putting a safety net around loss of income, it´s our view that we´ll see property values hold certainly in the short term. Furthermore, with less property owners deciding to list their property on the market, competition for good stock is low meaning whilst sellers are thinking this is not the time to sell, this may be the exact right time to sell! Our agents are working with a number of genuine buyers who are finance-ready and poised to make an offer when they find the right home, so if you are thinking of listing, contact us today.

COVER: A luxurious home within the coveted Perry Lakes Estate at 17 Destiny Lane, Floreat.

Contact Helen Hemery 0408 370 809 or Hayley Brown 0410 969 172 for details.

CY Magazine is published by: Caporn Young Estate Agents Pty Ltd For advertising or other enquiries, please contact Patricia Cheah on (08) 9385 5559.

Design by: Alex Zavros CY Magazine is distributed free of charge to the shaded areas below:

No other agency can put your property into 85,000 potential buyer’s letterboxes every other week.

A PLEASANT SURPRISE

Nestled on a delightful street-front block just two streets back from our picturesque Swan River foreshore, this beautifully-presented three bedroom, two bathroom home will interest everybody from families to developers due to its stunning location and exciting future potential.

to 0488 850 253 for info pack

0478 692 342 logan@cyproperty.com.au

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AS GOOD AS NEW

6/426 CANNING HIGHWAY Don’t be put off by the exterior, you must view this unit inside. This fabulous apartment has been totally refurbished with nothing to do but move in and enjoy. The location offers plenty of "dining options" with many recreational options close by.

$295,000 - $335,000 to 0488 850 253 for info pack

0413 984 569 steven@cyproperty.com.au

0414 640 767 jennifer@cyproperty.com.au

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DESIGN YOUR OWN FUTURE

2 INCE ROAD

3 proposed green title blocks available 2A INCE ROAD, ATTADLE: 412sqm incl driveway, $489,000 2B INCE ROAD, ATTADALE: 300sqm, $505,000 2C INCE ROAD, ATTADLE: 300sqm, $525,000

$489,000 - $525,000

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0407 423 655 aidan@cyproperty.com.au

YOUR OWN SECRET PARADISE 6/194 PRESTON POINT ROAD This neatly-renovated two bedroom, two bathroom villa in a wonderful strata complex forms part of a peaceful Bicton community amongst fantastic - and friendly - neighbours who appreciate the two-minute walk to our picturesque Swan River, the East Fremantle Yacht Club and the Melville Water Polo Club as much as you will.

From $480,000 to 0488 850 253 for info pack

0407 423 655 aidan@cyproperty.com.au

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PICTURESQUE COUNTRY ESTATE 1950 GREAT NORTHERN HIGHWAY Perched majestically on the crest of the escarpment overlooking the Swan Valley towards Perth City this wonderful, six bedroom, three bathroom estate is breathtaking from every angle. The quality build and purposeful design allows you to enjoy a lifestyle that is second to none.

to 0488 850 253 for info pack

0406 300 828 tim@cyproperty.com.au

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COASTAL BEACH HOUSE

Adopting a sublime combination of Malibu Beach chic and relaxing West Coast charm, this breath-taking, four-bedroom, four-bathroom (plus study) home was custom-designed by its owners seeking a light-filled, nautical-themed residence with seamless spatial flow and purity; evident in its practical, yet luxurious, coastal design.

to 0488 850 253 for info pack

0412 385 056 richard@cyproperty.com.au

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FEELS LIKE HOME

205/1 DAVIES ROAD Located within the luxury Essence Claremont development, this stunning apartment features several thoughtfully considered inclusions, providing not only an unrivalled level of quality but also a warm, practical and inviting environment that simply feels like home.

to 0488 850 253 for info pack

0408 370 809 helen@cyproperty.com.au

0410 969 172 hayleyb@cyproperty.com.au

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CY PRIVATE Suit buyers $5,500,000+

to 0488 850 253 for info pack

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0412 385 056 richard@cyproperty.com.au

O FF ER U ND ER

UNDER OFFER

0411 037 504 oonagh@cyproperty.com.au

0412 385 056 richard@cyproperty.com.au

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DESIRABLE EAST FREMANTLE BRUSH APARTMENTS, 7/40-42 DUKE ST YOUR LAST CHANCE Ever dreamed of living in the absolute heart of the George Street precinct, where you can walk to everything that this location offers including shops, cafes, bars, parks & the river, but you don’t want the upkeep of a heritage?

With the creation of the Brush Apartments, it´s now possible.

to 0488 850 253 for info pack

0437 225 725 nikki@cyproperty.com.au

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O FF ER S

POTENTIAL IN SPADES! Located in the exclusive and highly sought-after riverside enclave of East Fremantle and destined for a designer residence or a clever renovation, the current home, with its huge front garden and deep side access (ideal for a boat, caravan and other toys), is an original fibro and timber post-war design with a generous back garden.

64 PIER STREET

0410 969 172 hayleyb@cyproperty.com.au

0434 076 229 michael@cyproperty.com.au

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CY PRIVATE COMING SOON Facing due North, basking in winter sun and protected from the summer sea breezes this apartment is position perfect and ready for a makeover to create a wonderful secure apartment with a resort lifestyle.

to 0488 850 253 for info pack

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0412 385 056 richard@cyproperty.com.au

SO LD

DECEASED ESTATE

88 ALDERBURY STREET Perfectly positioned close to the city, the beach, great schools and renowned amenities, this much cherished Floreat home has been owned and occupied by the same family since 1959. Now offered for sale for the first time in 61 years, this absolutely prime piece of Floreat history presents the opportunity to renovate or build your dream home.

0408 370 809 helen@cyproperty.com.au

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MODERN-DAY SANCTUARY 17 DESTINY LANE Built over three luxurious levels, this contemporary five-bedroom, fivebathroom home sits proudly among its modern-day counterparts within the coveted Perry Lakes Estate.

to 0488 850 253 for info pack

0408 370 809 helen@cyproperty.com.au

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O FF ER S

LIVE LARGE!

10 DUNDALK ROAD Imagine living where you can walk to a nature trail at the end of your street, cycle to the beach, commute to the city in 15 minutes and come home to a big-hearted family home in a whisper-quiet enclave of leafy Floreat.

By Tuesday, 2nd June at 4pm to 0488 850 253 for info pack

0408 370 809 helen@cyproperty.com.au

0410 969 172 hayleyb@cyproperty.com.au

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O FF ER S

LUXURY HIDEAWAY

14 & 14A EQUALITY LANE Honouring classic, industrial-chic style, yet also boasting a great layout for families, this beautifully appointed double-storey residence also includes an adjoining one bedroom guest house or apartment which adopts identical design aesthetics and great potential for passive rental income.

By Wednesday, 3rd June at 4pm to 0488 850 253 for info pack

0408 370 809 helen@cyproperty.com.au

0410 969 172 hayleyb@cyproperty.com.au

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SO LD

PALM SPRINGS STYLE, EASY LIVING 97 ROSEDALE STREET Set in the heart of leafy Floreat, this mid-century home, with an absolutely stunning Palm Springs-inspired renovation, offers wonderful family living across generous, well-designed interiors and beautiful gardens.

0408 370 809 helen@cyproperty.com.au

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IN THE HEART OF IT ALL 7 HENDERSON STREET Enviably situated in an iconic cul-de-sac location right beside the famous Fremantle Markets, this gorgeous three bedroom, two bathroom, twostorey circa-1850s residence is more than 150 years old and has been tastefully renovated throughout, offering an eclectic mix of original charm and modern character for all involved.

to 0488 850 253 for info pack

0411 115 147 connie@cyproperty.com.au

0434 076 229 michael@cyproperty.com.au

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NEW YORK LOFTINSPIRED LIVING 1/66 HIGH STREET Boasting 110 square metres of loft living spread across two levels, this New York-inspired apartment offers style and space, right in the heart of sought-after Fremantle. It offers two bedrooms and two bathrooms, with a low-maintenance yet stylish floorplan.

to 0488 850 253 for info pack

0411 115 147 connie@cyproperty.com.au

0434 076 229 michael@cyproperty.com.au

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O FF ER S

WEST END ICON

4/5 MOUAT STREET Trendy tri-level warehouse-style apartment at the rear of a tranquil laneway that forms part of the old heritage-listed German Consulate building. Breezy wide open spaces with plenty of doors and windows throughout.

Closing Saturday 30th May at 5pm to 0488 850 253 for info pack

0411 115 147 connie@cyproperty.com.au

0434 076 229 michael@cyproperty.com.au

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O FF ER U ND ER

EXQUISITE CHARACTER 74 SOLOMON STREET Impeccably presented and tastefully renovated throughout, this gorgeous heritage-listed circa-early-1900s limestone-and-iron residence possesses a breathtaking, architecturally-designed rear extension that provides a contemporary twist to the era of elegance and grandeur it was built in.

0434 076 229 michael@cyproperty.com.au

0411 115 147 connie@cyproperty.com.au

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FIRST IMPRESSIONS LAST A LIFETIME 18A EAST STREET A magnificently crafted family home located in the heart of Guildfords rich heritage precinct. Styled with a blend of Australian colonial architecture and the early romantic revival era of New England. The current owners embarked on an outstanding refurbishment of an already beautiful home.

0411 115 147 connie@cyproperty.com.au

0434 076 229 michael@cyproperty.com.au

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PRISTINE & ELEGANT

52A FREDERICK ROAD Generous spaces, north-facing indoor-outdoor living, theatre room and a series of bedroom zones with their own bathrooms make this secluded modern home ideal for a family wanting space for everyone, with the relaxation of a low-maintenance near-new home that’s secure and easy to lock up and leave.

to 0488 850 253 for info pack

0411 115 147 connie@cyproperty.com.au

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THE CITY ON YOUR DOORSTEP 1 & 3/237 LOFTUS STREET Move on from renting and secure your very own newly built, well equipped, two storey three bedroom, two bathroom townhouse.

This development is beautifully located between the Leederville, North Perth and Mt Hawthorn cafĂŠ, restaurant and shopping precincts.

From $699,000 to 0488 850 253 for info pack

0413 984 569 steven@cyproperty.com.au

0403 342 681 michaelm@cyproperty.com.au

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EASY CARE LIFESTYLE 3/75 BEASLEY ROAD Once you enter into this immaculate villa, you will wonder why you spent all those hours looking after the large family home. This fabulous villa has been totally refurbished, and you will have nothing to do but move in and enjoy.

$395,000 - $425,000 to 0488 850 253 for info pack

0413 984 569 steven@cyproperty.com.au

0414 640 767 jennifer@cyproperty.com.au

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IMPOSSIBLE TO FORGET 334A MARMION STREET Inviting you to enjoy a laidback and carefree lifestyle, this well presented rear home is ideally located for investors, downsizers or young couples wanting to live just a hop skip and a jump from local shopping, cafes and public transport.

From $595,000 to 0488 850 253 for info pack

0407 423 655 aidan@cyproperty.com.au

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RESORT-STYLE LIVING WITH VIEWS 5/15 BOUNDARY ROAD Elevated in a super quiet cul-de-sac, this immaculately presented, resortstyle townhouse holds the key to a life of comfort and low maintenance.

Completely renovated and awash with natural light, a contemporary interior and clever design come together to provide a fantastic home.

From $699,000 to 0488 850 253 for info pack

0437 225 725 nikki@cyproperty.com.au

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FRESH & SOPHISTICATED

Perfectly positioned at the end of a cul-de-sac with nothing but parkland between you and the river, with fantastic views over it all. Built across 3 floors, with lift and stairs servicing all levels and a total of 962sqm internally, this carefully composed, premium-grade construction is a true masterpiece.

to 0488 850 253 for info pack

0412 385 056 richard@cyproperty.com.au

0434 076 229 michael@cyproperty.com.au

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LE AS E FO R

IN A CLASS OF ITS OWN MOSMAN TERRACE Stylish Giorgi designed and built home, presented in as new condition & located in arguably the best aesthetically pleasing street in Mosman Park virtually on the banks of the Swan River. With every buyers’ wish list in a new home ticked combined with the stunning location put this highly desirable property in a class of its own.

$2,500 per week

0412 385 056 richard@cyproperty.com.au

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CY PRIVATE Suit $7.5m plus buyers

to 0488 850 253 for info pack

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0412 385 056 richard@cyproperty.com.au

SO LD

MODERN LUXURY & VALLEY VIEWS 11 TESLIN ROAD Perched in a wonderfully elevated position this modern two storey four bedroom three bathroom residence set on an 878 m2 green title block offers modern luxury and year round living for the growing or established family.

0478 692 342 logan@cyproperty.com.au

0406 300 828 tim@cyproperty.com.au

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STYLISH LIVING DESIRABLE LOCATION 103 INGLETON LANE Nestled just behind bustling Beaufort Street, this spacious, light and bright property features soaring 6m plus ceilings, a sunny Northern aspect along with a funky fitout - and it reminds me more of an innercity Melbourne terrace or Notinghill Gate mews house.

NO STRATA FEES

to 0488 850 253 for info pack

0406 300 828 tim@cyproperty.com.au

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APARTMENT LIVING AT IS FINEST

Positioned riverside, this brand new apartment has been spectacularly designed offering panoramic river views and state of the art finishes.

Curious about apartment living or perhaps nervous about downsizing?

This fabulous home will dispel all your concerns! Call Steven Currie and Jennifer Noye to discuss further.

0413 984 569 steven@cyproperty.com.au

0414 640 767 jennifer@cyproperty.com.au

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O FF ER S

FRENCH PROVINCIAL FAMILY HOME 12 STOKE STREET Architecturally designed in a timeless style, with top quality appointments throughout, this is the home you have been waiting for. Located in one of Mount Pleasant’s most desirable streets and enjoying breathtaking river views from both levels on the east side of the home, sitting above the wide bay north of Deep Water Point.

Closing, Saturday 30th May at 5pm to 0488 850 253 for info pack

0413 984 569 steven@cyproperty.com.au

0414 640 767 jennifer@cyproperty.com.au

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LOW MAINTENANCE LIFESTYLE

Being so low maintenance and easy to care for, this three bedroom home would make a great investment and is ideal for first homebuyers or those seeking a comfortable home at an affordable price point.

Arrange your private inspection today!

Low to Mid $500,000’s to 0488 850 253 for info pack

0412 385 056 richard@cyproperty.com.au

0427 605 895 aidans@cyproperty.com.au

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CHARM & SPACE IN PARK PRECINCT 47 BULIMBA ROAD Boasting a seamless blend of period charm and contemporary style, this renovated and extended 1930s Californian bungalow set on 923 square metres of lush gardens and private entertaining areas offers everything a growing family could wish for.

to 0488 850 253 for info pack

0410 969 172 hayleyb@cyproperty.com.au

0406 300 828 tim@cyproperty.com.au

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OCEAN DREAMING

32/59 BREAKSEA DRIVE Beachside living can be your reality in the desirable South Beach Estate.

Just footsteps from the sandy ocean shore, this modern split-level apartment is light, bright and filled with stylish contemporary finishes.

to 0488 850 253 for info pack

0407 771 553 carlie@cyproperty.com.au

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O FF ER S

SOUTH BEACH LIFESTYLE 6/20 ENDERBY CLOSE Surrounded by parkside bliss, this masterfully designed double-brick twobedroom apartment is tastefully immersed in nature with overlooking beachside views. With the ever-popular South Beach only a few paces away, you can soak in the warm sunshine and accomplish your weekend cafe run with ease.

Closing, Saturday 30th May at 4pm to 0488 850 253 for info pack

0407 771 553 carlie@cyproperty.com.au

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LUXURY LIVING ON A GRAND SCALE 33/1 CORKHILL STREET An enviable lifestyle awaits the new residents of this spectacular river apartment. This spacious, luxuriously appointed residence offers the ultimate in lock up and leave luxury living. With resort style pool, boat pen and on site caretaker, it allows you the freedom to enjoy life in one of the city´s premier addresses.

to 0488 850 253 for info pack

0437 225 725 nikki@cyproperty.com.au

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RIVERSIDE RETREAT

7/1 CORKHILL STREET Ideally positioned on the first floor, set above manicured grounds at the exclusive ’The Moorings’ with direct access to the sparkling Swan River, this 3 bedroom, 2 and a half bathroom sublime apartment has uninterrupted views while maintaining protection and privacy.

0437 225 725 nikki@capornyoung.com.au

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LIGHT AND BRIGHT RIVERSIDE RETREAT 101/4-6 DOEPEL STREET Nestled on the banks of the sparkling swan river this immaculately presented and renovated 2 bedroom 1 bathroom apartment is the ideal first home, riverside pad or rental investment.

to 0488 850 253 for info pack

0406 300 828 tim@cyproperty.com.au

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LIVE, WORK, PLAY

6/8-10 PENSIONER GUARD ROAD This iconic three bedroom, two bathroom modern terrace home on the corner is light, bright and filled with stylish contemporary finishes, a low maintenance family sanctuary in an amazing location plus the added flexibility for a home office downstairs with a separate hall and entry that can be shut off from the rest of the residence.

to 0488 850 253 for info pack

0434 076 229 michael@cyproperty.com.au

0411 115 147 connie@cyproperty.com.au

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ABSOLUTE WATERFRONT 9 SALTER POINT PARADE Inspiring vistas and a coveted lifestyle await at this charming Salter Point abode. Commanding a stunning position with nothing but footsteps between you and the banks of the Canning River, this stunning residence offers an incredible platform to soak in all the pleasures of riverside living.

0413 984 569 steven@cyproperty.com.au

0414 640 767 jennifer@cyproperty.com.au

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MUST BE SOLD!

11/3 CULLEN STREET Calling all hospital workers, students and city workers! This bright and cheerful one bedroom apartment in the tightly-held Melvina complex is perfect for a first home buyer, astute investor or anyone looking for low maintenance western suburbs living!

to 0488 850 253 for info pack

0410 969 172 hayleyb@cyproperty.com.au

0411 037 504 oonagh@cyproperty.com.au

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URBAN-CHIC DESIGN IN BEACH SETTING 25/19 DOURO ROAD Sitting within this industrial warehouse designed complex, is this stunning second floor apartment. Glass, metal and exposed brick strike you as you enter the contemporary and airy entrance way. The building has an urban chic ambience from street through to apartment.

$609,000 to 0488 850 253 for info pack

0407 771 553 carlie@cyproperty.com.au

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PREMIER FAMILY LIVING 89 REDFERN STREET Located on one of Subiaco´s premier streets this early 1900´s built tuckpointed brick and iron home has been wonderfully renovated. From behind wonderful landscaped gardens you are treated to soaring ceilings, polished boards & ornate features that blend in with a modern extension.

to 0488 850 253 for info pack

0406 300 828 tim@cyproperty.com.au

0403 342 681 michaelm@cyproperty.com.au

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NEW HOME SITE 2 CASHEL WAY Waterford is a highly desirable suburb to live, enjoying close proximity to the River, Curtin University, primary and secondary schools, great shopping and sporting facilities and easy access to the city.

0413 984 569 steven@cyproperty.com.au

0414 640 767 jennifer@cyproperty.com.au

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SO O N CO M IN G

COMING SOON

0408 370 809 helen@cyproperty.com.au

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JUST LISTED

3A LAKE MONGER DRIVE Perched on the doorstep of tranquil Lake Monger, this captivating residence is a sculptural statement of convenience set to take your breath away. Set over three levels, connected by an elevator and nestled into sought-after West Leederville, this home is located close to the city, the surf, renowned amenities and fantastic schools.

0403 342 681 michaelm@cyproperty.com.au

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PRIVATE HIDEAWAY

17A SIMPER CRESCENT Quietly tucked away from Simper Crescent and enjoying peaceful privacy beyond the garden wall; this home is a well-kept secret worth discovering.

With a design that takes full advantage of the Northerly aspect, this home’s living areas are cosy in winter and yet shady and cool in summer.

From $699,000 to 0488 850 253 for info pack

0407 771 553 carlie@cyproperty.com.au

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FAMILY HOME TO TREASURE 24 WILUNA AVENUE You are sure to fall head over heels for this huge, solid brick and tile home which offers all of the comforts and modern conveniences you need whilst retaining those classic Italian features of a home that you will adore.

White Gum Valley is known and loved for this style of property though of this calibre, they rarely hit the market.

to 0488 850 253 for info pack

0437 225 725 nikki@cyproperty.com.au

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RENTAL REVIEW 33 PROPERTIES LEASED IN APRIL The most recent changes in government restrictions are certainly very exciting, as we´re now able to complete home opens and routine inspections again (following all social distancing and health requirements).

Legislation and guidelines have been changing rapidly and although it´s been hard to keep up at times, our team has been busily adapting to each new announcement, whilst keeping our landlords and tenants abreast of the latest updates.

Meanwhile, our leasing team continue to lead with our thorough rental application processing procedure, requesting additional supporting documentation and reference processing. We perform daily rental arrears checks and we´re thrilled to report that our

FOR LEASE

We´re also proud to announce another strong month, with 33 properties leased in April. One brand new Kardinya property found a new tenant at the first open (within 48 hours of listing) at the full asking price; we then leased the next-door property off market, again within 48 hours.

The WA COVID-19 emergency legislation finalised and is in effect from the 30 March 2020, and whilst the marker is evolving rapidly, we continue to work extremely hard to achieve excellent results for our clients. If you have any queries regarding the recent memorandum or leasing conditions in Perth, don´t hesitate to contact us.

Selection of hot properties currently for lease 9 Pilling Place

9/40 Duke Street LE AS ED

13 Birch Street

current arrears are very low.

7 Barnsley Road

45/1 Corkhill Street

LE AS ED

LE AS ED

94 Glengariff Drive

2 Hilda Street

58 Forrest Street

89 Redfern Street

For all enquiries, please contact Caporn Young’s Leasing and Property Management team on 9385 5559.

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