CY Magazine - Issue 50

19 MARCH 2016 | ISSUE 50

Hamptons Retreat Step inside this landmark property and you’ll be surprised and impressed by the proportions and quality of this brand-newly renovated and extended home.

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

WHY THERE’S NO WEIGHT TO THE BUBBLE ARGUMENT Controversial American researcher Jonathan Tepper jetted into Australia recently to do an interview on 60 Minutes.

His theory is Australia’s real estate ‘bubble’ will soon burst, wiping out half its value.

When it comes to drawing viewers, TV doesn’t get much more enticing than that. For most Australians, property is their biggest asset. So if you say the market is about to end as we know it, people pay attention.

But there were some key facts left out of the interview – factors that tend to point to property market improvement, not deterioration. Firstly, more than 300,000 new jobs were created in Australia last year, the second highest number since 2000.

Secondly, rates of mortgage arrears are steady at low levels (as are interest rates). Thirdly, the population is still increasing and, finally, the

overall economy is growing (up 3 percent in 2015).

On a local Perth level, the most recent data from the Real Estate Institute of WA shows total sales activity in the metropolitan area increased in February – 16 percent over the month and up five percent compared to November 2015.

The central sub-region, which Caporn Young’s key areas fall into, had the strongest increase in sales activity, lifting a healthy 37 percent as people returned from their annual Christmas holidays. For three weeks last month, overall sales activity was higher than the same time last year.

If you’re interested in finding out more about what the market is doing in your area, I encourage you to look beyond the media’s latest attention-grabbing headline.

Our team are operating at the coal face, have a wealth of knowledge, backed up by reputable market data and expertise – and we are more than happy to share it with you.

COVER: Hampton’s-style renovation has transformed this unassuming Nedlands home at 31 Clifton Street.

Contact Oonagh Lisle on 0411 037 504 for details.

LICENSEE / BRANCH MANAGER FOR SUBIACO OFFICE We’re growing rapidly and need to appoint a Licensee / Branch Manager for our new Subiaco Sales Office. It’s an ideal opportunity for an experienced sales professional to continue selling whilst also taking the next step in their career.

This key role will appeal to someone who wants to lead a sales team and has a proven track record in the Western Suburbs, as well as growing their own team and sales business. Given the importance of the position, we are offering an attractive remuneration package with performance-based incentives.

Email your resumé and covering letter to sue@capornyoung.com.au or call Sue on 0401 919 905 for a friendly discussion. All applications treated with the strictest confidentiality.

www.capornyoung.com.au | 08 9385 5559

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:

PROFILE WESTERN AUSTRALIA’S $12 MILLION RIDE HAWAIIAN RIDE FOR YOUTH 5 - 9 APRIL 2016 A record number of cyclists are gearing up for a gruelling journey from Albany to Perth, with the aim of raising awareness and funding for preventing youth suicide and depression.

Since its inception in 13 years ago, the Hawaiian Ride for Youth has raised over $12.5 million, with all money injected back into the community through local West Australian organisation Youth Focus.

Fundraising committee chairman Bruce Sinclair says although you don’t need to be a semi-professional cyclist to take part in the 700km event, many of the participants have been training since October.

“The idea is to train hard so that the week itself isn’t too arduous,” he says. “The training consists of three or four rides per week, around 90 minutes each on the weekday rides with Saturday rides being typically 3 hours or longer. Most people overprepare for the event, which means they are able to enjoy the ride and all the activities during the week away!”

Bruce was not a cyclist before getting involved in the five-day event – he first volunteered to help behind the scenes back in 2011.

“Within half an hour of the getting on the volunteer’s bus, I decided to sign up the following year,” he says.

“The cause really resonated with me.

If you can help kids through those tough teenage years, you can set them up for a better life. The work Youth Focus do is quite incredible.”

“There were a lot of unintended outcomes of getting involved,” he adds. “It ignited a passion for cycling that I didn’t have previously, and I became part of this group of likeminded people. I’ve had a lot of fun, and become a lot fitter and healthier in the process.”

Starting from Albany, teams of riders take one of three routes to Perth depending on their ability level.

Each team covers around 700km, stopping at high schools along the way to engage students in the issues of youth suicide, depression and self harm.

“For many riders, the school visits are the most rewarding part of the five-day event, giving them the opportunity to spread awareness of the services that Youth Focus provides,” Bruce says.

Participants pay an entry fee to cover their accommodation, food and other expenses during the event, meaning that every dollar donated goes directly to Youth Focus. Riders must also raise a minimum $5,000, with most working together with other riders to hold fundraising activities and events.

Ken Unsworth, My Home Is Your Home, Sculpture by the Sea, Cottesloe, 2015

The teams meet in Mandurah for the final leg of the ride, where the ‘CEO Challenge’ gives prominent senior executives an opportunity to escape the daily grind and ride the home stretch to Kings Park.

Participants include Hawaiian CEO Russell Gibbs and Wesfarmers CFO Terry Bowen.

Mr Gibbs says he encourages all chief executives to take part.

“Being part of this special team of riders is an incredibly unique experience. The Ride’s impact has become so significant over the years and riding into Kings Park to be greeted by hundreds of family and friends, helps all riders grow their passion for doing all we can to help our youth.”

Louise Sparre, Skin Cube, Sculpture by the Sea, Cottesloe, 2015

If you would like to make a donation or find more information on taking part in the event, visit www.rideforyouth.com.au.

Mikaela Castledine

Wendy Zhang, Mi no 5, Sculpture by the Sea, Cottesloe, 2015

N TI O

ATTADALE

C AU

RIVERFRONT FAMILY LIFE

4

4

2

1

905

146 BURKE DRIVE, ATTADALE Set on riverside parkland with the city skyline in view across the water, this big, beautiful, luxurious home has the space and flexibility for all kinds of families including the blended and extended! With a series of living, dining, entertaining and working spaces, superb alfresco areas by the pool, large riverview bedroom suites and an upstairs apartment with its own kitchen, this remarkably generous house welcomes you all home to the river.

AUCTION On site Saturday, 2nd April 2:30pm _____________________________________________________________________

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

INSPECT

Saturday 19th March 3:30 - 4:00pm Saturday 26th March & 2nd April 2:00 - 2:30pm Wednesdays 6:00 - 6:30pm _____________________________________________________________________ KEY FEATURES

River, parkland & city skyline views Upstairs master with riverview spa ensuite Immaculate courtyard gardens

CLAREMONT | FREMANTLE | APPLECROSS

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

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

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N TI O

BOORAGOON

C AU

A SPLASHING FAMILY TIME

4

2

2

728

49 BOSTON WAY, BOORAGOON Summer days around the pool, running to the local reserve which is only metres away, with the family dog and friends, a quiet stroll to Garden city entertainment, shopping hub and bus port and walking distance to the sought after Applecross Senior High School and the local Mt Pleasant Primary school.

AUCTION On site Saturday, 19th March 3.30pm _____________________________________________________________________

MARYANNE MAISEY 0401 135 188 maryanne@capornyoung.com.au

INSPECT Please call for details _____________________________________________________________________ KEY FEATURES

Double glazed windows & doors Solar panels Bore reticulation Walking distance to Layman Reserve & Garden City

CLAREMONT | FREMANTLE | APPLECROSS

ARREUM HAN- CAPORN 0450 422 224 arreum@capornyoung.com.au

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

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C AU

COMO

N TI O

SUPERB VALUE IN A TOP LOCATION

3

2

2

453

1/77 THELMA ST, COMO This spacious home represents exceptional value in one of Perth’s premium lifestyle suburbs. The property features an easy flowing layout; from the striking double door entrance, to the main living spaces and onto the alfresco entertaining. The north facing aspect is ideal for all year alfresco entertaining and features Tuscan influenced garden surrounded by mature trees in the leafy quiet neighbourhood - image waking up to the sounds of birds chirping!

AUCTION On site Saturday 9th April at 11:30am _____________________________________________________________________

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

INSPECT Wednesdays & Saturdays - please call for details _____________________________________________________________________ KEY FEATURES

Master bedroom on ground floor Low maintenance - lock & leave Air conditioning Cosmopolitan lifestyle location

CLAREMONT | FREMANTLE | APPLECROSS

ARREUM HAN-CAPORN 0450 422 224 arreum@capornyoung.com.au

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

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N TI O

COTTESLOE

C AU

DECEASED ESTATE, RARE OPPORTUNITY

3

1

2

802

84 BROOME STREET, COTTESLOE With the bushland fringes of the golf course in front and the ocean below, this remarkable block has the feel of a coastal retreat, while enjoying Cottesloe´s sophisticated beach and café culture. A solid brick-and-tile mid-20th century home sits on a large landholding with only the golf course between you and the ocean. Rent, renovate or build in what is and will always be one of Perth´s most desirable places to live. Scaffolding onsite.

AUCTION On site Saturday, 19th March 2:30pm _____________________________________________________________________

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

INSPECT

Thursday 17th March 5:00 - 5:30pm Saturday 19th March 2:00 - 2:30pm _____________________________________________________________________ KEY FEATURES

Panoramic views over bushland & ocean below Fabulous position on edge of golf-course Rent, renovate or build Walk to beach, restaurants & public transport

CLAREMONT | FREMANTLE | APPLECROSS

RICHARD YOUNG 0412 385 056 richard@capornyoung.com.au

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

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N TI O

EAST FREMANTLE

C AU

SMART & SECLUDED - MUST BE SOLD

3

2.5

2

358

20B STATON ROAD, EAST FREMANTLE Tucked away in a supremely convenient location close to the river, very handy to shops, cafes and transport and just a few minutes from the centre of Fremantle, this modern two-storey home flooded with northern light and a north facing entertaining area is the smart way to secure your opportunity to live in East Freo, or to acquire a desirable rental property with the opportunity to easily refresh and add value.

AUCTION On site Saturday, 2nd April 12:30pm _____________________________________________________________________

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

INSPECT

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

Light filled open-plan living Downstairs master suite Low-maintenance courtyards Near transport, shops, river

CLAREMONT | FREMANTLE | APPLECROSS

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

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

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O RS

FREMANTLE

E FF

A DEVELOPER/INVESTORS DREAM

2152

17 BLINCO STREET, FREMANTLE A rare opportunity exists to develop a 2152sqm (approx.) property only minutes from the heart of Fremantle. The sale includes approval from the City of Fremantle and architectural designs to remodel the existing front building on the property to townhouses. Warehouses at the rear of the property can either be rented out or redeveloped into apartments.

OFFERS Closing Saturday, 19th March 4:00pm _____________________________________________________________________

RICHARD YOUNG 0412 385 056 richard@capornyoung.com.au

INSPECT Saturdays & Wednesdays - Please call for details _____________________________________________________________________ KEY FEATURES

Land zoned R40/R60 Potential for four storeys of apartments Renovated townhouse to move into Two warehouses to rent commercially Owners will lease back for 12-18 months

CLAREMONT | FREMANTLE | APPLECROSS

CHRIS DAY 0426 819 721 chris@capornyoung.com.au

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

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FREMANTLE

TRANQUIL, SECLUDED, FULL OF LIGHT

3

2

1

1

316

19B SAMSON STREET, FREMANTLE Tranquil, charming and secluded at the rear is a solar-powered brick and iron home full of northern light, with an airy open-plan living space, timber floors, lovely courtyard with shady trees and outdoor dining, smart white kitchen and beautiful bathrooms. You will love the warm atmosphere of this cosy, quiet, stylish home in this perfectly convenient location on the edge of town.

FOR SALE Please contact the agent for details _____________________________________________________________________

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

INSPECT

Saturday 19th March 11:15 - 11:45am Saturday 26th March 9:00 - 9:30am _____________________________________________________________________ KEY FEATURES

Full of northern light Beautiful, north facing courtyard garden Timber floors, solar power, air-con Close to parks, schools & shops

CLAREMONT | FREMANTLE | APPLECROSS

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

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

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NEDLANDS

EASY LIVING

4

2

2

787

34 WELD STREET, NEDLANDS It´s hard to believe this pristine, contemporary home was originally a 1940s Californian bungalow. Beautifully renovated, this is a prime example of modernising an older home to meet the needs of today´s lifestyle, while retaining original period highlights. Ideal for families or downsizers searching for that elusive single storey home that still offers a good sized garden, this home has a wonderfully welcoming feel and high quality finishes throughout.

FOR SALE Mid $1,000,000’s _____________________________________________________________________

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

INSPECT

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

Architecturally renovated Two pac cabinetry in kitchen & bedrooms New stone driveway & granite paving Hansgrohe tapware & Franke sink

CLAREMONT | FREMANTLE | APPLECROSS

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

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

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O FF ER

FLOREAT

S

EXPANSIVE FAMILY LIVING

5

95 EVANDALE STREET, FLOREAT OFFERS

Closing Thurs, 24th March 5:00pm

INSPECT

Wednesdays 6:00 - 6:30pm Saturdays 1:00 - 1:00pm

3

984

1

273

_______________________________________________

_______________________________________________

CONTACT Helen Hemery 0408 370 809

FREMANTLE

With a peaceful location in one of Floreat´s favourite tree-lined streets, this warm and inviting home with a spacious architect-designed extension and sprawling gardens offers family living at its most comfortable. Three living areas, including a charming formal living and dining room, light-filled family room and first-floor retreat, provide plenty of options for leisure, entertaining and just relaxing at home.

2

SECURE, EASY CARE LIVING

3

156 EAST STREET, FREMANTLE This mid-century cottage has been renovated and modernized, all while retaining touches of its original 1950s character. The house is positioned privately behind a limestone and picket fence, and framed by a beautiful established garden. In the heart of a sought-after riverside community, an easy walk to both the river and Fremantle.

CLAREMONT | FREMANTLE | APPLECROSS

FOR SALE

Please call for details

INSPECT

Saturdays 10:00 - 10:30am Thursdays 6:15 - 6:45pm

1

_______________________________________________

_______________________________________________

CONTACT Lucy Gibson 0466 446 774

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

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FREMANTLE

EXQUISITE SINGLE STOREY ECO LIVING

3

58C STEVENS STREET, FREMANTLE FOR SALE

Please contact the agent for details

INSPECT

Saturday 19th March 9:30 - 10:00am Saturday 26th March 9:45 - 10:15am

2

325

2

1

_______________________________________________

_______________________________________________

CONTACT Stefanie Dobro 0409 229 115 Michael Harries 0434 076 229

WILLAGEE

Embodying the principles of sustainability in design and materials, this ultra contemporary single storey home exudes excellence and sets a benchmark for exceptional high quality eco-living. With elegant interiors and practical design, this futuristic residence is a showcase of modern minimalism and forward thinking that stands out on the landscape.

2

A CUT ABOVE THE REST

4

22 KIRBY STREET, WILLAGEE Is your family craving space? This is the house for you! It’s one of the largest homes in Willagee, offering an elegant layout with enormous open plan living, a study/office area, formal lounge room, home theatre PLUS casual living, stunning outdoor zones and sparkling swimming pool.

CLAREMONT | FREMANTLE | APPLECROSS

FOR SALE

$799,000 - $869,000

INSPECT

By appointment

2

_______________________________________________ _______________________________________________

CONTACT Siobhan Micale 0410 085 174

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

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EAST FREMANTLE’S BEST BUY

3

EAST FREMANTLE

3B IRWIN STREET, EAST FREMANTLE

2

This brand-new two-storey home offers all the advantages of a prestigious East Fremantle location with the fresh feel of contemporary design: excellent natural light, lift, sleek kitchen, timber floors, two living areas, excellent security and an upstairs terrace overlooking the park. Built to the highest quality, there´s nothing to do but relax and enjoy the convenience of having shopping centres, schools, public transport and the river all close by.

FOR SALE

From $989,000

INSPECT

Sat 19th March 9:00 - 9:30am Sat 26th March 11:15 - 11:45am

2 195

_______________________________________________

_______________________________________________

CONTACT

Stefanie Dobro 0409 229 115 Michael Harries 0434 076 229

A

MANSION ON MONTREAL

UC TI O N

FREMANTLE

5

31B MONTREAL STREET, FREMANTLE

4

Plenty of room for the kids, grandparents, visitors and extended family. The opportunity to secure a unique quality residence of this calibre only comes around once in a lifetime. If you need room to move then this is your opportunity to get everybody under one roof and in a fantastic location.

AUCTION

Onsite Sat, 2nd April 10:30am

INSPECT

Sat 19th March 10:00-10:30am

CONTACT

Aidan Casey 0407 423 655 Steven Currie 0413 984 569

4 736

_______________________________________________ _______________________________________________

A

LANDMARK HAMPTON’S RETREAT

UC TI O N

NEDLANDS

5

31 CLIFTON STREET, NEDLANDS

4

Step inside this landmark property and you´ll be surprised and impressed. The bones of this original character home have been retained and restored, and the extensive Hampton´s-style renovation has transformed this unassuming Nedlands home into a timeless high-end retreat.

AUCTION

Onsite Sat, 2nd April at 11:30am

INSPECT

Wednesdays 6:00 - 6:30pm Saturdays 11:00 - 11:30am

2 1 513

_______________________________________________

_______________________________________________

CONTACT

Oonagh Lisle 0411 037 504

A GOLDEN OPPORTUNITY

4

95A LEACH HIGHWAY, WILLAGEE

2

WILLAGEE

Walking distance to sought-after schools and on the doorstep of lively Fremantle, this location is one of Perth’s best secrets. Spacious & lightfilled, the home is on a quiet & private 526sqm block, positioned away from the road. Special highlights include two living areas, a solar electricity system, and the master bedroom’s ensuite & walk-in robe.

FOR SALE

$495,000 - $525,000

INSPECT

By appointment

CONTACT

Siobhan Micale 0410 085 174

2 526

_______________________________________________ _______________________________________________

CLAREMONT | FREMANTLE | APPLECROSS

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

/capornyoung

RENTAL REVIEW

Lee Fitzgerald - Licensee | Property Management Team Leader

GOOD THINGS DON’T ALWAYS TAKE TIME When it comes to leasing a home, speed counts. A fast turnaround minimises gaps in an investor’s income, but it also ensures a premium result. That´s because rental listings quickly go ´stale´ - people tend to assume something´s wrong with a home that´s been on the market a while.

Far from being a rushed job, a colossal amount of work happens behind the scenes to quickly achieve the desired result. Our strategy revolves around pricing, presentation and proactivity. We work proactively with tenants and, in the last few weeks, we´ve leased 11 properties after just one home open.

Over the years, we´ve built a reputation for being a great agency to lease through, and this regularly leads high quality tenants through our door. I´m also proud of the number of repeat tenants on our books, as well as the clients who appoint us to manage their investment property due to their positive experience when they were tenants.

Yes, some good things take time. But leasing your home shouldn´t be one of them!

FOR LEASE HOT PROPERTIES BICTON 10b Fifth Street

$745 per week

3

2

CARLISLE 190 Bishopsgate Street

2

FREMANTLE 14a Amherst Street

$650 per week

3

2

3

2

1

1

1

FREMANTLE 1/48 Blinco Street

2

SOUTH FREMANTLE 29 Wardie Street

$750 per week

$400 per week

EAST FREMANTLE 71a View Terrace

1

$525 per week

3

2

4

3

3

2

2

FREMANTLE 107 Marmion Street

2

SWANBOURNE 3a Sayer Street

$1,600 per week

$700 per week

$700 per week

3

2

2

WEMBLEY DOWNS 7 Hamer Avenue

2

Call for details

5

3

2

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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Time is running out for your chance to win a new Mercedes-Benz CLA 200 Coupé

Appoint Caporn Young to manage your investment property by the 27th of March 2016 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.

Diesel Motors Bentley 9351 3888 www.mbdieselmotors.com.au MD 25220 Southpoint Star Mandurah 9586 5388 www.mbsouthpointstar.com.au MD 25220 Westpoint Star Osborne Park 9492 8188 www.mbwestpointstar.com.au MD 25220

www.capornyoung.com.au | 08 9385 5559

*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.