CY Magazine - Issue 145

Lilybrook Luxury Estate May 2021 / Issue 145

08 9385 5559 / www.cyproperty.com.au

WELCOME

Richard Young - CEO, Caporn Young Estate Agents

SUPER SATURDAY YIELDS AUCTION SUCCESS On March 27th this year, we attempted an almostimpossible feat – a Super Saturday of auctions, with six properties going under the hammer on the one day. I can now report that Caporn Young has achieved a 100% clearance rate for the first quarter of 2021. 5 of the properties sold at auction on the Saturday, with the remaining property selling the following day. The standout auction has to be 61 Tyrell Street, Nedlands, which drew a massive crowd of 100 people. 5 bidders battled it out and eventually sold for a record price for this type of property at $2.3million. What this hugely successful weekend demonstrates is the power of auctions to achieve fantastic prices for sellers – especially when you have a team of sales agents and auctioneers that train weekly in the art of running successful auction campaigns for our clients. The market is gaining momentum every week, making it the ideal time to think about

whether sale by auction is the right method for selling your property. We believe it’s always worth considering going to auction, as it’s been proven time and time again to produce excellent results for sellers, due to the competitive environment. If you’re curious about how our auction process works in practice, check out our latest video at http://bit.ly/CYAuction2021, showing our auctioneers in action, or give us a call to chat about whether an auction strategy is right for you. It’s also a terrific time to think about purchasing your first investment property. The rental market is strong, with data from the REIA showing that rents in Perth increased by 0.7% in the March quarter.

Throughout April, our vacancy rate was just 0.26%, with our rentals averaging 10 days on the market.

With record low interest rates, high rental demand our team of experienced investment property experts can help you make the most of the current conditions, so please get in touch if you’d like to discuss your options.

COVER: ’Lilybrook´ is a truly spectacular 50 plus acre country estate set in a private idyllic location.

Contact Richard Young 0412 385 056 for more 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.

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PR IV AT E CY

LILYBROOK LUXURY ESTATE

’Lilybrook´ is a truly spectacular 50 plus acre country estate set in a private idyllic location, offering a rural lifestyle just 35 minutes from Perth CBD. The magnificent Georgian styled residence belies the luxurious timeless elegance and sophistication one would expect to find in the French or English countryside.

$6,500,000

0412 385 056 richard@cyproperty.com.au

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RIVERSIDE DREAMING

Complete privacy and cul-de-sac seclusion awaits you here from within the walls of this stunning large family home. Tranquilly nestled on the banks of the Swan River, with direct access to the water´s edge without the need to cross a road, this magnificent home not only offers a sophisticated adult retreat, but also a child´s wonderland.

Coming Soon

0412 385 056 richard@cyproperty.com.au

0427 605 895 aidans@cyproperty.com.au

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HISTORIC STATELY ELEGANCE 70 LABOUCHERE ROAD With an illustrious history dating back to the early 1930s, this magnificent stately home stands handsomely among perfectly tended gardens in the coveted, riverside community of South Perth. Immaculately preserved, it is evident this home has been adored for over a century.

Closing, Saturday 15th May at 5pm

0450 078 122 jackson@cyproperty.com.au

0413 984 569 steven@cyproperty.com.au

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WELCOME TO PAMBULA 33 NORTH ROAD Take a humble mid-20th-century bungalow, embolden, embellish and extend it (with the aid of an architect) using massive timbers from a demolished racecourse grandstand, add raw stone, stained glass, vaulted ceilings, generous amounts of glazing and a dash or two of whimsy, and you have a home that’s far from average.

Low $2,000,000’s

0414 640 767 jennifer@cyproperty.com.au

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UNIQUE OPPORTUNITY

Unique opportunity to purchase this new 2 year old home on a substantial 1012sqm site (already sub-divided into 2 survey-strata lots). Located riverside of Reynolds Road, it offers a fabulous lifestyle with below ground pool, large backyard & workshop to name a few of the many features of this outstanding home.

Above $2,000,000

0413 984 569 steven@cyproperty.com.au

0414 640 767 jennifer@cyproperty.com.au

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POSSIBILITIES GALORE 1 / 11 CANTONMENT STREET Located right in the centre of Fremantle´s cosmopolitan beating heart is this remarkable property offering fabulous potential, be it commercial, residential uses or a mixture of both. A stunning 2-bedroom apartment with separate entrance and inner-city development zoning the imagination runs with the possibilities this beautiful property offers.

Suit buyers from $1,800,000

0412 385 056 richard@cyproperty.com.au

0427 605 895 aidans@cyproperty.com.au

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CORRY LYNN CHARACTER 1 CORRY LYNN ROAD Set on a generous 964m2 land holding in the heart of Claremont this c1930 character home exudes style inside and out and offers a flexible floorplan that would suit a young or growing family or someone who just loves the architecture of the Federation Art and Crafts period.

From $1,895,000

0406 300 828 tim@cyproperty.com.au

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SOMETHING SPECIAL

62B DAVY STREET This striking contemporary residence offers a unique blend of luxury and sophistication. Accentuated by grand proportions and meticulous finishes throughout, the double storey floor plan boasts 4 Big Bedrooms, 2 sumptuous bathrooms, private home theatre, extensive open plan living and a private resort outdoor alfresco and pool area.

$1,450,000 - $1,500,000

0413 984 569 steven@cyproperty.com.au

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LIFESTYLE AND LOCATION 3A AINSLIE ROAD Nestled within a sought after pocket of North Fremantle within walking distance to the Swan River, cafes, bars, restaurants, public open space and public transport, this spacious two storey residence offers the perfect opportunity for an easy care, lock and leave lifestyle.

Mid to High $1,000,000’s

0403 342 681 michaelm@cyproperty.com.au

0437 225 725 nikki@cyproperty.com.au

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AU CT IO N

RIVERSIDE GEM

10 / 22 THE AVENUE This immaculate 2 bed, 2 bath apartment has been beautifully renovated throughout and is nestled on the ground floor of a sought-after complex that encourages the ultimate Swan River and Nedlands lifestyle, backing right on to lush foreshore parklands. Footsteps from water´s edge!

On site Saturday, 15th May at 2:30pm

0403 342 681 michaelm@cyproperty.com.au

0406 300 828 tim@cyproperty.com.au

9385 5559 /

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AU CT IO N

STUNNING LOCATION AND POTENTIAL Nestled on a block with no limits to what can be achieved, this charming brick-and-tile residence is as solid as they come and is superbly situated in one of North Fremantle´s finest pockets. On offer for the very first time, this property is ripe for renovation and is the perfect "blank canvas". Walk to the river, the beach and everything in between from here.

On site Saturday, 12th June at 11:30am

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22 THOMPSON ROAD

0437 225 725 nikki@cyproperty.com.au

0406 300 828 tim@cyproperty.com.au

AU CT IO N

RIVERSIDE PRECINCT

12 PRESTON POINT ROAD In a sought after riverside location, on a desirable north facing corner block, this stunning contemporary residence creates an idyllic urban family retreat just moments from Merv Cowan Park, Sweetwater Bar & Restaurant, Swan Yacht Club and the popular George St Precinct.

On Site, Saturday 22nd May at 11:30am

0411 115 147 connie@cyproperty.com.au

0437 225 725 nikki@cyproperty.com.au

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100% CLEARANCE RATE U N D ER

SO TH L E D H A

M M ER

CY AUCTIONS - 1ST QUARTER

$2,230,000

60C Stevens Street, Fremantle

9385 5559 / cyproperty.com.au

M M ER

SO TH L E D H A U N D ER

U N D ER

SO TH L E D H A

M M ER

61 Tyrell Street, Nedlands

$920,000

144 Flinders Street, Mount Hawthorn

$1,817,000

8

M M ER

U N D ER

SO TH L E D H A

M M ER

SO TH L E D H A U N D ER

40 Olive Street, Shenton Park

$450,000

63 Solomon Street, Fremantle

$840,000

33 Solomon Street, Fremantle

$1,350,000

S A O FT L ER D AU 1

D AY

U N D ER

SO TH L E D H A

M M ER

C TI O N

$615,000

SO TH L E D H A

M M ER

$1,780,000

U N D ER

U N D ER

SO TH L E D H A

M M ER

202a High Street, Fremantle

SO TH L E D H A

M M ER

$1,405,000

U N D ER

SO TH L E D H A

M M ER

3/9 Stone Street, South Perth

U N D ER

0

28b Livingstone Street, Beaconsfield

8 Picard Lane, North Coogee

$1,400,000

38 Thompson Street, North Fremantle

There has never been a better time to auction your property.

Call the Auction experts today 9385 5559.

$1,280,000

YOUR STYLISH ENTRY INTO FREMANTLE 30 BELLEVUE TERRACE Beautifully presented & brimming with features, this timeless modern residence offers privacy, warmth, low maintenance & luxury - perfect for a professional couple, downsizers or a country family looking for a lockand-leave townhouse.

Over $949,000

0411 115 147 connie@cyproperty.com.au

0434 076 229 michael@cyproperty.com.au

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STUNNING CITY AND RIVER VIEWS

332 PRESTON POINT ROAD

Flowing seamlessly from indoor to outdoor living spaces across a unique split level design, this fabulous residence is perfectly positioned to embrace breathtaking views across the entire Swan River and iconic city skyline.

0437 225 725 nikki@cyproperty.com.au

0448 983 767 suna@cyproperty.com.au

Coming Soon

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O FF ER S

SPECTACULAR VIEWS & LIFESTYLE 1802 / 96 BOW RIVER CRESCENT If there´s one thing that stands out about this two-bed, two-bath home, it would have to be the breathtaking views. With views of the river, city and Optus Stadium, it´s immediately evident that you´ve landed in the right place.

Closing, Monday 24th May at 5pm

0450 078 122 jackson@cyproperty.com.au

9385 5559 /

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COMING SOON JAMES STREET Right on the harbour looking out on the water and the ever-changing life of the port, you can’t get more Fremantle than this two-level warehouse conversion with cathedral ceilings, big jarrah beams, timber floors and large internal spaces - all walking distance to absolutely everything.

Mid - High $700,000’s

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0411 115 147 connie@cyproperty.com.au

FEEL AT HOME IN THE DESIRABLE WEST END 1/50 PAKENHAM STREET Surrounded by history and steps away from everything Freo, the historic West End precinct is an enviable place to live. Positioned on the first floor, this apartment is flooded with natural light and offers views of Fremantle’s famous heritage buildings.

$699,000

0437 225 725 nikki@cyproperty.com.au

0411 115 147 connie@cyproperty.com.au

9385 5559 /

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LUXURY, LOCATION AND CONVENIENCE 4 / 1 ERSKINE LINK Developed across two sites on Hay Street in East Perth, less than two kilometres from the heart of the CBD, Sovereign Place is a blue-chip boutique-scale residential development comprising luxury apartments and townhouses.

From $600,000

0403 342 681 michaelm@cyproperty.com.au

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MODERN FREMANTLE LIVING Stunningly situated just a short stroll from the cool, cultured and cosmopolitan heart of Fremantle, this contemporary apartment offers a striking urban architectural design with local flavour. The warehouse-style feel that is synonymous with Fremantle is evident from the moment you step inside.

High $500,000’s - Early $600,000’s

9385 5559 /

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3 /17 AMHERST STREET

0411 115 147 connie@cyproperty.com.au

0434 076 229 michael@cyproperty.com.au

STYLE, SUBSTANCE AND CONVENIENCE! 303 / 334 CAMBRIDGE STREET Stunningly situated in between West Leederville and Subiaco, this light, bright and spacious 2 bedroom 2 bathroom apartment sits on the third floor of the impressive "Urban on Cambridge" complex and encourages quality modern living in the heart of lively Wembley.

$595,000

0427 605 895 aidans@cyproperty.com.au

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OPPORTUNITY KNOCKS ON AUSTIN 4/48 AUSTIN STREET Low $500,000’s

0403 342 681 michaelm@cyproperty.com.au

JOONDANNA CLASSIC 100 GREEN STREET Low to Mid $500,000

0403 342 681 michaelm@cyproperty.com.au

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COMFORT & CONVENIENCE 34 / 33 BRONTE STREET Low $500,000’s

0403 342 681 michaelm@cyproperty.com.au

BEACH SIDE LOCATION 24 / 40 SOUTH BEACH PROMENADE From $450,000

0413 984 569 steven@cyproperty.com.au

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CHIC ONE BEDDER 1 / 1 KYLE WAY From $395,000

0406 300 828 tim@cyproperty.com.au

0420 275 350 natarsha@cyproperty.com.au

STUNNING HARBOUR VIEWS 412 / 8 ORD STREET From $350,000

0448 983 767 suna@cyproperty.com.au

0434 076 229 michael@cyproperty.com.au

9385 5559 /

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LE AS ED

THE GLAMOROUS ENTERTAINER 117 DALKEITH ROAD The elegance of period character blends perfectly with a modern family’s relaxed lifestyle in this stunning home, which offers charming traditional features and bright, spacious living areas that are perfect for easy relaxing and entertaining.

$1,550 per week

0458 454 494 mitchel@cyproperty.com.au

0421 199 685 liliana@cyproperty.com.au

9385 5559 /

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LE AS ED

WHAT LIVING IN TRIGG POINT IS ALL ABOUT 31 KING ALBERT ROAD $1,370 per week

0458 454 494 mitchel@cyproperty.com.au

FO R

LE AS E

0421 199 685 liliana@cyproperty.com.au

SOUTH PERTH SPECTACULAR 48B STRICKLAND STREET From $1,250 per week

0458 454 494 mitchel@cyproperty.com.au

0421 199 685 liliana@cyproperty.com.au

9385 5559 /

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LE AS E FO R

HOLIDAY STARTS HERE 410 / 7 CATTALINI LANE From $850 per week

0458 454 494 mitchel@cyproperty.com.au

FO R

LE AS E

0421 199 685 liliana@cyproperty.com.au

CHARMING ABODE 81A FORREST STREET UNDER APPLICATION

0458 454 494 mitchel@cyproperty.com.au

0421 199 685 liliana@cyproperty.com.au

9385 5559 /

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RENTAL REVIEW NATIONAL RENTS ON THE RISE It´s safe to say that the COVID-19 pandemic represented the biggest shake-up to the residential rental market in Australia´s history. Nationwide moratoriums on evictions, border closures, and economic uncertainty meant things were looking pretty dire for landlords this time last year - but somehow, rental property markets around the country have remained buoyant.

Sydney was the only capital to record a rental price fall in the march quarter, with rents falling by 0.5 per cent. Perth and Brisbane both recorded a 0.7 per cent increase, while down in Hobart, rents rose by a staggering 1.1 per cent! And here in Perth, a shortage of available properties on the market looks set to put further upward pressure on prices.

The latest data from the REIA indicates that landlords in most capital cities, including Perth, are enjoying higher rents and huge competition between tenants.

It really is a great time to be a landlord in WA, so if you´ve been thinking about leasing your property, please get in touch with our team.

FOR LEASE

7 Barnsley Road

502/19 Ogilvie Road

LE AS ED

10/33-35 Pakenham Street

54 Kirwan Street LE AS ED

6/38 Riverside Road LE AS ED

4/15 Burt Street

Selection of hot properties currently for lease

4/48 Austin Street

36 Olive Street LE AS ED

9/2 Tasker Place

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

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STATE New Contemporary Season.

Feel the thrill of anticipation.

24 June - 3 July State Theatre Centre of WA Tickets at waballet.com.au

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