CY Magazine - Issue 92

Tri-level Cottesloe Masterpiece 20 January 2018 / Issue 92

08 9385 5559 / www.capornyoung.com.au

WELCOME

Richard Young - CEO, Caporn Young Estate Agents

PERTH SALES ON THE RISE Renewed confidence is building in the West, with 2018 set to see continued growth in the market. It´s a positive start to the year, with increased numbers of sales reported by property analysis group, CoreLogic.

Throughout Caporn Young´s catchment areas in and around Claremont, Fremantle and Applecross our own results mirror this overall trend. Higher sales experienced during the last calendar year signal a brighter outlook for Perth´s real estate market. CoreLogic senior analyst Cameron Kusher recently told ABC News that these larger sales volumes come as a result of extra buyers seeking housing stock. He said rental returns had also grown, with houses rising by 3.8% in 2017 and units by 4.3%. We are seeing this demand as more and more people choose to stay in the West, with the rate of interstate migration starting to slow. CoreLogic is expecting to see ongoing

improvement in Perth´s housing market throughout 2018, with predicted modest growth.

At Caporn Young, our own enquiries have increased as employment opportunities draw new residents across from the Eastern States. High quality family homes remain in strong demand, with equal interest from buyers and tenants. The many varied lifestyle options provided by our riverside and coastal areas remain strong drawcards, particularly those in close proximity to excellent schooling, shops, cafes, parks and transport.

CY Magazine is published by: Caporn Young Estate Agents Pty Ltd - Claremont Head Office 4/355 Stirling Highway Claremont, WA 6010 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:

With large crowds also attending our development site auctions, it´s clear 2018 has much to offer in terms of Perth´s real estate potential. January is the perfect time to start thinking about your own property plans for the year ahead and our team is back in action, ready to assist with your enquiries. Please contact us today for help with your buying or selling needs, including a detailed update on your existing suburb or new area of interest.

COVER: Tri-level luxury living at 6 Grant Street, Cottesloe. Contact Dan Hegney 0499 991 795 or Stefanie Dobro 0409 229 115 for details.

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

AU CT IO N

COASTAL LUXURY IN COOGEE 22 RICHARDSON ROAD Sweeping ocean views, tri-level living, a hill top position and more than 600 square metres of living space combined to present a prime buying opportunity.

Custom-built by Seacrest Homes, this home is coastal living at its finest. Built with quality finishes, the home is perfect for a growing family; big bedrooms, multiple living spaces and an abundance of outdoor entertaining areas.

On site, Saturday 10th February at 9:30am visit capornyoung.com.au for times

0407 771 553 carlie@capornyoung.com.au

0439 911 637 romm@capornyoung.com.au

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HIGH END, LUXURY COTTESLOE LIVING 6 GRANT STREET From the moment you step foot into this 2006 built home, you cannot help but be enchanted by its tranquil, yet effortless elegance. Perfect for a downsizer who wants low maintenance outdoor areas, but who does not want to comprise on stunning ocean views, this home is a rare buy in an enviable location.

Expressions of Interest Visit capornyoung.com.au for times

0499 991 795 dan@capornyoung.com.au

0409 229 115 stefanie@capornyoung.com.au

9385 5559 /

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LUXURY DOWN SOUTH RETREAT 248 GEOGRAPHE BAY ROAD This multi award-winning home, nestled behind the sand dunes of Geographe Bay, needs to be seen to be believed. Backing onto the calm waters of Toby Inlet, and barely a minute´s walk out the front door until your toes are in the sea, you´ll be wowed by both the exterior and interior beauty of this phenomenal residence. In conjunction with JMW Real Estate.

$3,200,000 By appointment only

0412 385 056 richard@capornyoung.com.au

0408 545 304 ben@jmwrealestate.com.au

9385 5559 /

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AU CT IO N

PERSONALITY, HISTORY, VIEWS 17 DALY STREET With a delightfully creative, organic feel perfectly suited to this wonderful community location five minutes´ walk to the beach, this early 1930´s character home has unusually large rooms, very high ceilings and a big elevated deck for relaxing and taking in the view of Carnac Island.

On site, Saturday 17th February at 12:30pm Visit capornyoung.com.au for times

0434 076 229 michael@capornyoung.com.au

0409 229 115 stefanie@capornyoung.com.au

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A STONE’S THROW FROM WATER’S EDGE 4/190 LITTLE MARINE PARADE On site, Saturday 3rd February at 11:30am Saturdays 11:00 - 11:30am & Thursdays 6:00 - 6:30pm

AU CT IO N

0499 991 795 dan@capornyoung.com.au

APARTMENT LIVING IN THE "WEST END" 4/32 HENRY STREET On site, Saturday 10th February at 11:30am Visit capornyoung.com.au for times

0439 911 637 romm@capornyoung.com.au

0407 771 553 carlie@capornyoung.com.au

9385 5559 /

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APPLECROSS 19B Conon Rd

FOR SALE $1,000,000

5

3

APPLECROSS 4/78 Matheson Rd

3

FOR SALE $399,000-$429,000

BEACONSFIELD 17 Warren St

2

1

1

2

FOR SALE From $849,000

COMO 44A Edgecumbe St

2

9385 5559 / capornyoung.com.au

3

2

OFFERS 4

2

4

2

1

2

1

1

COTTESLOE 9/15 Eric St

FOR SALE 2

4

CLAREMONT 5/367 Stirling Hwy

COTTESLOE 4/23 Avonmore Terrace

FOR SALE 4

FOR SALE From $1,600,000

BIBRA LAKE 2 Fairmount Cl

AUCTION 4

2

ATTADALE 5 Hill Pl

1

OFFERS From $350,000

1

1

0

COTTESLOE 4/190 Little Marine Parade

FOR SALE 1

1

1

EAST FREMANTLE 80 Allen St

FOR SALE From $2,299,000

EAST FREMANTLE 7 Philip St

FOR SALE From $1,699,000

4

3

4

2

3

3

EAST FREMANTLE 3/2 Riverside Rd

2

FOR SALE Low $3,000,000’s

FLOREAT 172 Grantham St

FOR SALE $1,999,000

5

EAST FREMANTLE 1A Irwin St

3

2

FOR SALE From $799,000

9385 5559 / capornyoung.com.au

3

2

2

FLOREAT 424A Cambridge Street

3

FREMANTLE 13/1 James St

5

FOR SALE From $849,000

FOR SALE $835,000

3

2

2

FREMANTLE 2/36 Queen Victoria St

FOR SALE 2

2

2

1

1

1

FREMANTLE 162 South Tce

FOR SALE From $1,125,000

3

2

FREMANTLE 1/20 Stevens St

-

OFFERS From $379,000

LEEDERVILLE 8A Byron Street

FOR SALE From $1,100,000

4

3

1

1

MELVILLE 17A Gimber St

2

OFFERS From $1,099,000

MT PLEASANT 19 Ventor Ave

FOR SALE $1.595M-$1.695M

2

FREMANTLE 4/45 Tuckfield St

2

9385 5559 / capornyoung.com.au

1

1

FOR SALE 4

2

2

NEDLANDS 120 Dalkeith Road

3

2

MT PLEASANT 4A Baldwin Ave

4

2

4

2

2

PEPPERMINT GROVE 31A Keane St

FOR SALE 4

FOR SALE $635,000-$685,000

2

FOR SALE $2,295,000

3

2

2

QUINDALUP 248 Geographe Bay Rd

FOR SALE $3,200,000

SALTER POINT 15 Pepler Ave

FOR SALE 4

3

2

3

SOUTH PERTH 22A Hovia Tce

FOR SALE From $799,000

4

2

4

3

2

1

SOUTH PERTH 2/41 Renwick St

2

FOR SALE $699,000-$739,000

WEST LEEDERVILLE 407A Vincent St West

FOR SALE From $1,995,000

SALTER POINT 23 Salter Point Pde

3

3

2

9385 5559 / capornyoung.com.au

-

-

4

2

4

SOUTH PERTH 1/144 South Tce

2

WILLAGEE 13A Stainer St

OFFERS Above $249,000

FOR SALE From $2,250,000

FOR SALE From $625,000

3

1

2

YANGEBUP 30 Bayview Tce

-

FOR SALE From $980,000

4

3

5

2

2

-

-

-

3

2

AUCTION Please call for details

4

2

2

3

2

2

AUCTION Please call for details

9385 5559 / capornyoung.com.au

2

2

FOR SALE Early $1M’s

3

2

2

CLAREMONT 14B/25 Victoria Ave

SO LD

CLAREMONT 7 College Road

SO LD

CLAREMONT 12/17 Airlie Street

4

BICTON 7A Reserve Street

SO LD 4

AUCTION Please call for details

ATTADALE 28B Swan Road

SO LD

ATTADALE 19 Lawlor Road

AUCTION Please call for details

SO LD

FOR SALE Please call for details

SO LD

4

SO LD

FOR SALE Please call for details

FOR SALE $985,000+

ATTADALE 38 Farrin Street

SO LD

ARDROSS 6 Olympic Place

SO LD

ARDROSS 5B Bushell Place

4

4

4

AUCTION Please call for details

2

1

1

3

2

3

AUCTION Please call for details

2

2

2

1

4

FOR SALE Mid to high $700,000

FOR SALE Please call for details

2

1

1

6

4

6

FOR SALE Please call for details

9385 5559 / capornyoung.com.au

2

3

FOR SALE From $1,399,000

3

3

2

SHENTON PARK 21 Cuthbert Street

SO LD

SALTER POINT 13 Success Crescent

SO LD

SALTER POINT 84 River Way

4

SO LD

FOR SALE From $729,000

AUCTION Please call for details

NORTH FREMANTLE 9 Corkhill Street

SO LD

FREMANTLE 18/33 Pakenham Street

SO LD

FREMANTLE 61 Hampton Road

4

SO LD

FOR SALE Sold off market

FLOREAT 7 Linden Garden

SO LD

SO LD

EAST FREMANTLE 35 Woodhouse Road

SO LD

EAST FREMANTLE 4/2 Riverside Road

4

2

4

OFFERS Over $1,295,000

4

2

2

3

2

AUCTION Please call for details

OFFERS Closing 20th Nov

SO LD -

1

2

FOR SALE $1,450,000

4

3

2

WEST LEEDERVILLE 7/3 Rosslyn Street

-

-

OFFERS From $899,000

9385 5559 / capornyoung.com.au

3

1

1

AUCTION Please call for details

5

3

2

WEST LEEDERVILLE 51B St Leonards Avenue

SO LD

SO LD

-

AUCTION Sold under the hammer

SWANBOURNE 13A Saladin Street

SO LD 3

WEST LEEDERVILLE 68 Kimberley Street

FOR SALE Mid $900,000’s

1

SWANBOURNE 20 Birrigon Loop

SO LD

SOUTH PERTH 3/32 Strickland Street

2

SO LD

5

SO LD

AUCTION Bidding starts $1.2m

SOUTH PERTH 45 Hampden Street

SO LD

SOUTH FREMANTLE 3 Gold Street

SO LD

SHENTON PARK 36 Morgan Street

3

2

1

FOR SALE Please call for details

4

3

2

RENTAL REVIEW VACANCY RATES TIGHTEN IN STRONG START TO YEAR It´s been a Happy New Year for investors! Lower rental stock levels experienced at the end of 2017 have continued, with 14% fewer houses available than this time last year - a promising sign of things to come.

While it´s always a busy period as families look to secure housing, we´re also receiving increased rental enquiries from further afield.

This follows stabilised WA employment levels, with people relocating from the Eastern States for work.

High demand persists for quality family homes in coastal and

FOR LEASE

riverside areas, offering maximum lifestyle options and easy access to schooling. These properties enjoy ongoing lower vacancy rates, attract multiple applications and offer consistent yields. It´s in tight rental market conditions like this that our landlords experience the CY Advantage: a solid, reliable tenancy base backed by our professional management team.

Come and see why choosing Caporn Young Property Management is a smart move, visit one of our Home Opens or contact our team to discover how we can help prime your investment property for success in 2018.

Selection of hot properties currently for lease 3/40-42 Duke Street

17 Fothergill Street

8B Ellerby Street

27 Fraser Street

51 Fortview Road LE AS ED

404/40 St Quentin Avenue

15/20 Medina Parade

510/15 Freeman Loop

35B Aurelian Street

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

9385 5559 /

capornyoung.com.au

When the outcome matters.

The brand matters.

9385 5559 / capornyoung.com.au