CY Magazine - Issue 42

7 NOVEMBER 2015 | ISSUE 42

Endless City Skyline Incredible views across the river, and with Kings Park at your doorstep, this rare and private oasis puts you right in the heart of the city.

GET INSIDE 85,000 HOMES Put your property in the hands of 85,000 potential purchasers by advertising in CY Magazine. Contact Caporn Young to find out more. www.capornyoung.com.au | 08 9385 5559 |

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FR EE EV ER Y FO R TN I G HT

P E R T H’ S BE ST P RO P E R T I E S F OR SA L E OR LE A S E

WELCOME

Richard Young - CEO, Caporn Young Estate Agents

WILD WEST? MORE LIKE THE WILD EAST We’ve all heard the wild stories of what’s happening in the Melbourne market, so on a recent trip I was keen to see for myself what’s happening at the front line.

Caporn Young has a strong alliance with leading east coast agency Marshall White, so I rode along with their senior director on a busy Saturday. From what I saw, it’s hard to believe Perth is in the same country.

The first auction was an old character home – a deceased estate. There were around 60 people in the crowd, the bidding started at $1.6million soared past the $1.9million reserve, selling for $2.810million!

Later in the day, we were near the Botanic Gardens, at a terrace house in Leopold Street, South Yarra. The home had fallen into disrepair, and the neighbours once had to put out a fire after squatters moved in. Bidding for this challenging do-up job started again at $1.6million. They called ‘on the market’ at $1.8million, and the property sold for

$2.55million after some ferocious competition between seven or eight parties.

Afterward, the selling agent told me he had sold a near identical home two months ago for $2.5million – except that home was fully renovated. So what we’re hearing is true. The Melbourne market is at fever pitch.

CY Magazine is published by: Caporn Young Estate Agents - Claremont Head Office 4/355 Stirling Highway Claremont, WA 6010 For advertising or other enquiries, please contact Patricia Cheah on (08) 9385 5559.

CY Magazine is distributed free of charge to the shaded areas below:

Last Tuesday evening, Caporn Young hosted our 7th Annual Client Information Evening at the Royal Freshwater Bay Yacht Club. The event was fully subscribed with over 250 of Caporn Young’s clients attending. Our key note speaker Mr Gavin Hegney estimates that Perth is 12 months into an 18-month downturn. Gavin went on to comment when exactly the bottom will come is anyone’s guess however, it’s much better to buy six months early than six weeks late. Because as we’ve seen in Melbourne, when the market starts to go up, it goes up quickly.

Finally, I’d also like to personally thank the businesses that supported our 2015 Client Night: John Clarey from Icon Conveyancing, Warrick Greaves from Launch Finance, Penny Muller from 740 Designs and the team at EBM Insurance.

Feedback from our guests was overwhelmingly positive and we can’t wait to do it again.

COVER: West Perth’s finest with a city skyline view like no other at 1/14 Bellevue Terrace.

Contact Craig Gaspar 0413 929 999 or Mandy Pattison 0430 440 924 for more details.

WIN a brand new Mercedes-Benz CLA 200 Coupé.

Appoint Caporn Young to manage your investment property and you’ll not only get the best property management service around, but you’ll automatically go in the draw to win a fantastic Mercedes-Benz CLA 200 Coupé*.

With the competition limited to just 200 entries, your chances are terrific. Visit www.CYpromotion.com. au or call Caporn Young on 9385 5559 for more information.

*Sign a Management Authority with Caporn Young for minimum of 24 months for your chance to win. Vehicle image for illustrative purposes only.

Visit www.cypromotion.com.au for full terms and conditions.

PROFILE ARTFUL HOMES OPEN THEIR DOORS IN FREMANTLE ARTIST OPEN HOUSE FREMANTLE 2015 This November 13-15, Fremantle homeowners will throw open their doors for the second annual Artist Open House Fremantle (AOHF) event. Showing and selling art in the context of a residential environment, remains central to AOHF’s focus.

specialist Michael Harries have been major sponsors of AOHF two years running. Passionate about the arts, they also are the first to agree that presentation of your property is a critical factor in selling homes quickly and for the best price.

“Artist Open House Fremantle gives people a chance to see art in a domestic context but also, to take a sneak peek into some beautiful private homes,” says founder and director Cathrina Read.

They encourage people to support this non-profit community event by investing in quality art and furnishings for your home and you will likely reap the benefit when it comes time to sell.

This year works by more than 35 artists from WA and the eastern states will be exhibited in seven private homes. The event showcases a variety of art, with range of price points ($200 - $10,000) and emerging artists alongside more established artists.

Ms Read said the huge amount of support from the community including Caporn Young and the City of Fremantle is encouraging.

“With such a diverse show, we hope the art will appeal to everyone’s taste and budget,” says Ms Read.

New to AOHF this year is a Styled Home. One house will be emptied and then styled entirely so everything in the house - furnishings and art - is for sale.

The Styled House, a collaboration with stylist Jo Carmichael, showcases how to use art and furnishings to craft beautiful spaces.

As a starting point, Ms Carmichael suggests considering the mood you want to create when choosing art for a particular room.

She says various objects in the room should work together with the art to create harmony. The art may be a statement piece, or be used more subtly to as part of a collection of objects.

CY Associate Director Stefanie Dobro and CY South Fremantle

“Our sponsors are an incredible bunch of people and without them this event wouldn’t be possible,” she said.

Several factors inspired Ms Read to launch the event last year, including the demise of several Perth gallery spaces.

“I knew the art was great and that people would buy it. But a fresh approach was sorely needed, one that focused on a new, broader audience,” she said.

The event also targets younger people hoping they will make more significant art purchases as they grow more art savvy.

Photo by Jody D’Arcy From Left - Right: Collaborator for the AOHF Styled House Jo Carmichael, AOHF assistant Nikki Liley, AOHF founder and director Cathrina Read Artwork by AOHF artist Becky Blair

The success of the last years event indicates that there is an audience interested in seeing art in a new context; but also having a cheeky peak at other’s homes. In this way, AOHF helps artists tap into the hugely popular interiors market.

For details on the artists and dates of the walking trail visit: www.artistopenhousefremantle.com

Photo by Bo Wong Artwork by AOHF artist Emma Lipscombe

Photo by Jody D’Arcy Artwork by AOHF artist Jane Tangney

APPLECROSS

IS THIS APPLECROSS’S BEST ADDRESS?

1127

APPLECROSS Offering absolute water frontage, this is one of the last remaining undeveloped blocks with incredible river panorama and city skyline views.

Design, plan and build your dream residence amongst some of Perth’s finest homes capitalising on this spectacular view and unique location.

STEVEN CURRIE 0413 984 569 FOR SALE $9,250,000 _____________________________________________________________________

steven@capornyoung.com.au

INSPECT By appointment _____________________________________________________________________ KEY FEATURES

Magnificent 26 metre north facing frontage Only 25 steps to the water Rare direct access to waterfront

CLAREMONT | FREMANTLE | APPLECROSS

EMMA MCCARTHY 0417 920 448 emmam@capornyoung.com.au

www.capornyoung.com.au | 08 9385 5559 |

/capornyoung

EAST FREMANTLE

PLYMPTON CHARACTER & MUCH MORE

4

2

1

1

508

89 HUBBLE STREET, EAST FREMANTLE Here you can have the timeless atmosphere of an early 20th century cottage along with the 21st century delights of a superb brand-new kitchen and bathrooms, two separate living areas, and a spacious master suite and large versatile 4th bedroom or study upstairs. This summer you could be lounging by the pool in a backyard almost big enough for kids´ cricket in a famously family-friendly street where you can walk to schools, George St and the river.

FOR SALE From $1,249,000 _____________________________________________________________________

STEFANIE DOBRO 0409 229 115 stefanie@capornyoung.com.au

INSPECT

Saturday 7th November 11:00 - 11:30am Saturday 14th November 9:30 - 10:00am _____________________________________________________________________ KEY FEATURES

Character cottage extended & renovated Beautiful new kitchen & bathrooms Off street parking, approved garage plans Walk to schools, parks, George Street

CLAREMONT | FREMANTLE | APPLECROSS

MICHAEL HARRIES 0434 076 229 michael@capornyoung.com.au

www.capornyoung.com.au | 08 9385 5559 |

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EAST FREMANTLE

NEW, SPACIOUS, STYLISH, SECURE

3

2

2

236

4/5 IRWIN STREET, EAST FREMANTLE This brand-new two-storey home in a stylish boutique development offers all the advantages of an East Fremantle location with easy, low-maintenance living, good natural light, sleek kitchen, two living areas, excellent security and the fresh feel of contemporary design. With a smart deep grey exterior and limestone architectural features, this home is built to the highest quality with an elegant neutral décor ready for you to add your own touches.

FOR SALE From $849,000 _____________________________________________________________________

STEFANIE DOBRO 0409 229 115 stefanie@capornyoung.com.au

INSPECT

Saturday 7th November 2:45 - 3:15pm Saturday 14th November 2:00 - 2:30pm _____________________________________________________________________ KEY FEATURES

Elegant neutral décor Open-plan living Spacious bedrooms Shops, schools, transport & river nearby

CLAREMONT | FREMANTLE | APPLECROSS

MICHAEL HARRIES 0434 076 229 michael@capornyoung.com.au

www.capornyoung.com.au | 08 9385 5559 |

/capornyoung

N TI O

EAST FREMANTLE

C AU

DECEASED ESTATE

508

62 SEWELL STREET, EAST FREMANTLE Those who know East Fremantle´s famous Plympton Ward will appreciate this is an opportunity not to be missed. Currently housing a timber-framed cottage in extremely poor repair, this east-west oriented 508sqm block with great solar access in arguably the quietest street in the Ward could be a perfect place to create your dream home (STCA) and lifestyle amongst likeminded souls.

AUCTION On site Saturday 28th November 3:00pm _____________________________________________________________________

STEFANIE DOBRO 0409 229 115 stefanie@capornyoung.com.au

INSPECT

Thursdays 5:00 - 5:30pm Saturdays 11:45am - 12:15pm _____________________________________________________________________ KEY FEATURES

Deceased Estate Will Be Sold Quiet street, perfectly positioned block Opportunity to start from scratch (STCA) To be SOLD on an "As Is, Where Is" basis

CLAREMONT | FREMANTLE | APPLECROSS

MICHAEL HARRIES 0434 076 229 michael@capornyoung.com.au

www.capornyoung.com.au | 08 9385 5559 |

/capornyoung

C AU

FLOREAT

N TI O

THE LUXURY OF CHOICE

5

3

2

969

55 DONEGAL ROAD, FLOREAT This expansive property gives you options. An inspired renovation? A brand new home? Hold for Town Planning Scheme Amendment approval? Act with confidence knowing real estate’s No. 1 rule is on your side - location, location, location. Cherished by just one family since being built in 1959, this wonderful real estate opportunity will not last long. Don´t miss out!

AUCTION On Site Saturday 21st November 12:00pm _____________________________________________________________________ INSPECT

Thursdays 5:30pm - 6:00pm Saturdays 11:30am - 12:00pm _____________________________________________________________________ KEY FEATURES

Prime 969sqm corner block Walk to beautiful Bold Park & Perry Lakes North-facing home with expansive floor plan & pool Future subdivision potential pending

CLAREMONT | FREMANTLE | APPLECROSS

HELEN HEMERY 0408 370 809 helen@capornyoung.com.au

www.capornyoung.com.au | 08 9385 5559 |

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N TI O

FREMANTLE

C AU

LIGHT, LOCATION & EASY LIVING

3

2

2

315

2 NORMAN STREET, FREMANTLE Tucked away in a quiet cul-de-sac this green title rendered brick and iron twostorey Dale Alcock home with an elegant street presence, two separate living areas, north-facing open-plan living and an upstairs master suite with its own sitting room and balcony. With every convenience close by and the shops and cafes of Wray Avenue just around the corner, this is the easy way to enjoy the lifestyle of the historic port city.

AUCTION On site Saturday 14th November 12:00pm _____________________________________________________________________

CONNIE HANDCOCK 0411 115 147 connie@capornyoung.com.au

INSPECT

Saturdays 11:30 - 12:00pm Wednesdays 6:00 - 6:30pm _____________________________________________________________________ KEY FEATURES

Easy-care two-storey home Two separate living areas North-facing open-plan living Walk to Wray Ave cafes, shops & iconic Galati store

CLAREMONT | FREMANTLE | APPLECROSS

KERYTH CATTALINI 0414 098 648 keryth@capornyoung.com.au

www.capornyoung.com.au | 08 9385 5559 |

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MELVILLE

COMPARE THE REST... BUY THE BEST 7 BIRDWOOD ROAD, MELVILLE Here´s your chance to invest in a boutique, low-rise development in a highly sought suburb; each apartment thoughtfully designed to maximise peace and privacy, all while offering a relaxed lock-and-leave lifestyle by the river.

Secure your apartment today and settle the balance on completion, anticipated for September 2016.

FOR SALE From $429,000 _____________________________________________________________________

STEVEN CURRIE 0413 984 569 steven@capornyoung.com.au

INSPECT By appointment _____________________________________________________________________ KEY FEATURES

1 bed, 1 bath, 1 car - only 5 available 2 bed, 2 bath, 1 car - only 2 available Only 18 apartments in the complex $10,000 First Homebuyers Grant available

CLAREMONT | FREMANTLE | APPLECROSS

EMMA MCCARTHY 0417 920 448 emmam@capornyoung.com.au

www.capornyoung.com.au | 08 9385 5559 |

/capornyoung

MOUNT PLEASANT

PARADISE FOUND!

5

3

5

964

183 THE ESPLANADE, MOUNT PLEASANT It´s time to make your dream of living on the riverfront come true. Perched on Mt Pleasant’s front row, this impressive residence has it all - including panoramic river views that extend all the way to Perth´s city skyline. If you are craving space, this one is for you. Everything is oversized - from the room sizes, to the 10-foot ceiling heights, the expansive balconies and everything in between.

FOR SALE Please call for details _____________________________________________________________________

STEVEN CURRIE 0413 984 569 steven@capornyoung.com.au

INSPECT By appointment _____________________________________________________________________ KEY FEATURES

Elevation ensures privacy from the street Five car garage, workshop & wine cellar Quality workmanship throughout Designed by architects Perrine & Birch

CLAREMONT | FREMANTLE | APPLECROSS

EMMA MCCARTHY 0417 920 448 emmam@capornyoung.com.au

www.capornyoung.com.au | 08 9385 5559 |

/capornyoung

N TI O

PALMYRA

C AU

DARE TO BE DIFFERENT

4

3

2

618

91 ADRIAN STREET, PALMYRA Are you looking for a home that exceeds the ordinary? Constructed by master craftsmen in Bavaria, the roof of this remarkable home was shipped to Perth and assembled by the same team on arrival in Palmyra. This is a one-of-a-kind property with a long-list of luxury inclusions. You can enjoy the spectacular poolside entertaining area 12 months of the year - perhaps with a cold Bavarian beer in hand!

AUCTION On site Saturday 28th November 2:00pm _____________________________________________________________________ INSPECT

Saturday, 7th November 12:00 - 12:30pm Thursday, 12th November 5:30 - 6:00pm Saturday, 14th November 12:00 - 12:30pm _____________________________________________________________________ KEY FEATURES

Guest wing with separate entry & kitchenette Spacious floor plan & superb indoor-outdoor living Spectacular butler´s pantry & food preparation area

CLAREMONT | FREMANTLE | APPLECROSS

MICHAEL HAYTER 0422 616 979 michael.hayter@capornyoung.com.au

www.capornyoung.com.au | 08 9385 5559 |

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N TI O

SWANBOURNE

C AU

POSITION, POTENTIAL: PERFECT!

3

1

2

1009

10 JAMES ROAD, SWANBOURNE Perched atop the hill on the "beach side" of Swanbourne, this large land holding is waiting for a new owner to come and capitalise on the huge potential. This property will suit developers looking to subdivide or families wanting to build their dream home in this prestigious pocket!

AUCTION On site Saturday 28th November 1:00pm _____________________________________________________________________ INSPECT

Saturdays 1:00 - 1:30pm Wednesdays 6:00 - 6:30pm _____________________________________________________________________ KEY FEATURES

Phenomenal building block Zoned R20 (subdivisible) Quiet, tightly-held street Close to beaches, Allen Park, cafes & shops

CLAREMONT | FREMANTLE | APPLECROSS

OONAGH LISLE 0411 037 504 oonagh@capornyoung.com.au

www.capornyoung.com.au | 08 9385 5559 |

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WEST LEEDERVILLE

C AU N TI O

BIDDING FROM $800,000!

3

2.5

2

352

12 CADDY AVE, WEST LEEDERVILLE Deceptively large, this light-filled home provides city convenience without compromise to space or style. Set across three levels, it features stunning north-facing balconies looking out across the neighbourhood´s Jacaranda trees. Downstairs, a large living area is an ideal teen retreat, home office or fourth bedroom. On a quiet street, a short stroll to Lake Monger, cafes, shops, excellent schools and 3km from the city.

AUCTION On site Saturday 28th November 12:00pm _____________________________________________________________________

CRAIG GASPAR 0413 929 999 craig@capornyoung.com.au

INSPECT

Wednesdays 6:15 - 6:45pm Saturdays 12:00 - 12:30pm _____________________________________________________________________ KEY FEATURES

Beautifully renovated character home Stylishly renovated kitchen with quality appliances Perfect for those yearning to ’lock & leave’

CLAREMONT | FREMANTLE | APPLECROSS

MANDY PATTISON 0430 440 924 mandy@capornyoung.com.au

www.capornyoung.com.au | 08 9385 5559 |

/capornyoung

WEST PERTH

PERTH’S BEST LOCATION

4

3

3

1

1

692

1/14 BELLEVUE TCE, WEST PERTH Set between King´s Park and the Swan River, this generous, luxuriously appointed apartment is an exceptional retreat for discerning buyers, offering the comforts and space of a home with the lock-up-and-leave convenience of an apartment. Located on the ground floor of a recently refurbished small complex on an exclusive street, with a shared pool, spa, sauna and gym, this is a unique opportunity to own a stunning home in the heart of the city.

FOR SALE Mid to High $4,000,000’s _____________________________________________________________________

CRAIG GASPAR 0413 929 999 craig@capornyoung.com.au

INSPECT By appointment only _____________________________________________________________________ KEY FEATURES

Private garden with covered alfresco area & decking Water fountain & established garden Sweeping Swan River & city skyline views Underfloor heating throughout

CLAREMONT | FREMANTLE | APPLECROSS

MANDY PATTISON 0430 440 924 mandy@capornyoung.com.au

www.capornyoung.com.au | 08 9385 5559 |

/capornyoung

N TI O

WEST PERTH

C AU

BIDDING FROM $600,000!

3

2.5

2

364

7 VICTORIA STREET, WEST PERTH This free-standing cottage offers comfortable living just as it is, with huge potential to extend and renovate if you want to add value to your investment down the track. You’ll love the warm wooden floorboards, high ceilings, the vine-draped pergola and the classic backyard. Positioned on a quiet residential street just 2km from the CBD. Be quick - this opportunity will not last!

AUCTION On site Saturday 28th November 2:00pm _____________________________________________________________________

CRAIG GASPAR 0413 929 999 craig@capornyoung.com.au

INSPECT

Thursdays 5:30 - 6:00pm Saturdays 2:00 - 2:30pm _____________________________________________________________________ KEY FEATURES

Potential for subdivision Open plan dining/kitchen Secure off-street parking Close to Hyde & Beatty Parks

CLAREMONT | FREMANTLE | APPLECROSS

MANDY PATTISON 0430 440 924 mandy@capornyoung.com.au

www.capornyoung.com.au | 08 9385 5559 |

/capornyoung

A TI

MOUNT PLEASANT

UC O N

GRAND IN DESIGN

5

3B VENTNOR AVENUE, MOUNT PLEASANT

3

2

509

AUCTION On site Saturday 21st Nov 11:00am

With a stylish, contemporary street presence and a long list of high quality features, this elegant dress circle residence is a natural choice for those who appreciate the finer things in life. The interior of this impressive home has been designed for making the most of life with a striking kitchen taking centre stage in the open plan living and dining.

_______________________________________________

INSPECT

By appointment

_______________________________________________

CONTACT Steven Currie 0413 984 569 Emma McCarthy 0417 920 448

THE ULTIMATE RAFFLES APARTMENT EG03/70 CANNING BEACH RD, APPLECROSS

APPLECROSS

With 179sqm of living and outdoor entertaining - every inch is pure luxury. This stunning residence offers privacy and style with all the benefits of stress-free, lock-and-leave living. Combining the perfect combination of custom made cabinetry, warm timbers and elegant finishes, this isn´t your typical Raffles apartment.

FOR SALE

Please call for details

INSPECT

By appointment

CONTACT

Steven Currie 0413 984 569 Emma McCarthy 0417 920 448

3 2 2

_______________________________________________ _______________________________________________

A

SO MUCH POTENTIAL!

UC TI O N

ARDROSS

3

34 POLGLASS WAY, ARDROSS

1

This highly sought after development opportunity offers so many options. Live in, rent out or start planning your development - the choice is yours! Comprising of 1067sqm of prime Ardross land, currently zoned R25/40, with imminent conversion to R40 in the proposed City of Melville LPS6. This is a unique opportunity not to be missed.

AUCTION

On site Saturday 21st Nov 2pm

INSPECT

By appointment

CONTACT

Arreum Han 0450 422 224

1 1067

_______________________________________________ _______________________________________________

CLAREMONT | FREMANTLE | APPLECROSS

www.capornyoung.com.au | 08 9385 5559 |

/capornyoung

E STAT E A G E N TS

ASS OCIAT E S

WHIT E MAN &

3rd R AY WHIT E

RE AL E STATE

2nd OPTIM U S

WHEN IT COMES TO AUCTIONS IN PERTH WHO OUTSELLS THE REST?

C APOR N Y OU NG

1st

Total value of property sold via auction, top three agencies, September 2015 (REIWA)

CLAREMONT | FREMANTLE | APPLECROSS

www.capornyoung.com.au | 08 9385 5559 |

/capornyoung

RENTAL REVIEW

Lee Fitzgerald - Licensee | Property Management Team Leader

RISING ABOVE MARKET CHALLENGES It is no secret that Perth’s rental market is moving through a rough patch. The vacancy rate has reached 5.6 percent and median ‘time on market’ is now up around 56 days. In the face of these difficult conditions, I´m proud to say Caporn Young´s vacancy rate is just 2.2 percent, and our average time on market is just 22 days. In real terms, that represents twenty-four extra days rent in our clients´ pockets.

Ultimately, we can’t remove all the obstacles in the market, but

we can strive to rise above them. Last week alone, our team leased seven properties, an impressive result in any market. How do we do it? We have proven strategies, unmatched market intelligence and a database of qualified tenants, as well as strong relationships with relocation agents. We have also made significant investments in our systems, to the point where I believe these are now the best in the industry. Above all, we price correctly, present properties beautifully and work hard to deliver the very best result.

FOR LEASE HOT PROPERTIES APPLECROSS 13 Strome Road

$595 per week

4

1

COTTESLOE 4/3 Brixton Street

1

FREMANTLE 4/48 Blinco Street

$520 per week

3

2

3

2

1

1

1

FREMANTLE 6/70 Elder Place

2

NORTH FREMANTLE 29/1 Corkhill Street

$1,200 per week

$430 per week

EAST FREMANTLE 13a Petra Street

2

$650 per week

3

2

3

2

4

2

2

NORTH FREMANTLE 26/1 Freeman Loop

2

PEPPERMINT GROVE 26 Johnston Street

Call for details

$845 per week

2

Call for details

2

2

2

WILLAGEE 15 Bartlett Street

$470 per week

3

1

1

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

CLAREMONT | FREMANTLE | APPLECROSS

www.capornyoung.com.au | 08 9385 5559 |

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