CY Magazine - Issue 94

Chic Riverside Living 17 February 2018 / Issue 94

08 9385 5559 / www.capornyoung.com.au

WELCOME

Richard Young - CEO, Caporn Young Estate Agents

GOOD SIGNS AHEAD FOR PROPERTY MARKET Just seven weeks into 2018, all signs are pointing to a year where we will see continued growth in activity and modest gains in values in the Perth property market. We are seeing more buyer interest from Eastern States investors, and we predict this will continue to build as rental values stabilise. We believe 2017 was a year where "green shoots" started to appear and the market turned a corner. A lead indicator was the strong performance in areas, such as, Cottesloe early in the year. The fundamentals were positive with low interest rates and sentiment starting to improve. The Real Estate Institute of WA has confirmed our take on 2017, with a recent report stating the market ended the year positively, with December quarter data revealing improvements in sales activity, median prices, listings and average days on market. The

institute reported that Perth´s preliminary median house price grew 1.2 per cent to $516,000 in the quarter. The median unit price was $405,000 - a 1.3 per cent increase in the three months to December. REIWA also reported there was 4946 dwelling sales during the quarter and there was 13,088 properties for sale by the quarter´s end.

Interestingly, REIWA data also found homes sold 10 days sooner than they did in the September quarter, where during that time they took an average 60 days to sell. In comparison, properties listed with Caporn Young are spending on average just 40 days on the market. Meanwhile, our team is gearing up for the 12th annual Australasian Real Estate Results Awards which are being held in Melbourne next week, where our agency and six of our team members have been nominated for their hard work and achievements in 2017. The awards recognise and celebrate the achievements of the best real estate professionals across the nation. We wish all our nominees the very best of luck.

COVER: Chic riverside living at 2/2 Riverside Road, East Fremantle.

Contact Stefanie Dobro 0409 229 115 or Nikki Gogan 0437 225 725 for details.

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:

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

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CHARMING 1930’S GARDEN RETREAT 11 BIRDWOOD CIRCUS EAST The unmistakable charm of this 1930s, renovated residence makes it ideal for family living and lazy days amongst the enchanted gardens. Rich jarrah flooring, high ceilings and garden views from every window complement this four bedroom, two bathroom home´s spacious and open plan layout.

On site, Saturday 10th March at 12:30pm Visit capornyoung.com.au for times

0409 229 115 stefanie@capornyoung.com.au

0437 225 725 nikki@capornyoung.com.au

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CHIC RIVERSIDE LIVING 3

2.5

3

325

EAST FREMANTLE 2/2 RIVERSIDE ROAD Located at one of Perth´s most coveted riverside addresses, this luxuriouslyappointed apartment is among a set of four customised designs with uninterrupted, north-facing river views from its central living areas. Every detail has been meticulously considered to maximise the quintessential waterside lifestyle.

- Opulent master-suite with free-standing tub - Superior quality fit-out, including Miele appliances - Stylish neutral interior, marble and timber highlights - Direct access to infinity pool - Three bay secure under-cover parking (with storage) - Close to Fremantle´s main attractions

AUCTION On site, Saturday 17th March at 10:30am VIEW Visit capornyoung.com.au for times

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

NIKKI GOGAN 0437 225 725 nikki@capornyoung.com.au

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SINGLE LEVEL LOCK AND LEAVE 48 PHILIP ROAD Here is your opportunity to secure a fantastic low maintenance property in one of Dalkeith´s favorite streets.

Built circa late 1980s this single level home enjoys wonderful Northern light to the front and a peaceful quiet courtyard to the rear.

Visit capornyoung.com.au for times

0406 300 828 tim@capornyoung.com.au

0402 278 747 lizy@capornyoung.com.au

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HERITAGE INSPIRED 21ST CENTURY LIVING 40-42 DUKE STREET With the creation of the new Brush Apartments, it´s now possible to have the comfort and ease of modern apartment living in one of East Fremantle´s most desirable heritage precincts. On Duke St, at the top of George St, choose from two or three-bedroom apartments created with heart, quality and style.

Visit capornyoung.com.au for times

0409 229 115 stefanie@capornyoung.com.au

0437 225 725 nikki@capornyoung.com.au

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CAPTIVATING HISTORIC COTTAGE 4A BLINCO STREET Steps away from Monument Hill, this captivating weatherboard cottage is restored, renovated and totally charming, with bay windows, high ceilings, delightful walled gardens, north-facing open-plan living and rear parking. This perfect city-side location offers complete convenience along with a tranquil atmosphere and irreplaceable century-old character.

On site, Saturday 24th February at 11:30am Visit capornyoung.com.au for times

0411 115 147 connie@capornyoung.com.au

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CONTEMPORARY STYLE PLUS HISTORY 8/48 HENRY STREET The 21st century way to enjoy the historic atmosphere of Fremantle´s West End is in this spacious, sophisticated apartment, with bright open-plan living and a long balcony looking out to the heritage streetscapes. Relax in style at home, or step out to make the most of this fabulous neighbourhood.

On site, Saturday 10th March at 1:30pm visit capornyoung.com.au for times

0411 115 147 connie@capornyoung.com.au

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TOO CAPTIVATING FOR WORDS 32 TATE STREET Perfectly balancing the charm of yesteryear with all the convenience demanded of a modern lifestyle. This is a superbly renovated and extended 1929 South Perth ’cottage’ that holds pride of place on two of the best streets and is just minutes to cafes, restaurants and Wesley College. You’re invited to enjoy this extraordinary property for yourself - you may also be left speechless!

On site, Saturday 3rd March at 10:30am Visit capornyoung.com.au for times

0402 456 485 adam@capornyoung.com.au

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GET IN FOR SUMMER 31 SEWELL STREET Early to Mid $1,300,000s Visit capornyoung.com.au for times

0409 229 115 stefanie@capornyoung.com.au

0437 225 725 nikki@capornyoung.com.au

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DESIGNER URBAN LIVING 30B CORAL TREE AVENUE By appointment

0413 929 999 craig@capornyoung.com.au

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0408 914 117 stephanie@capornyoung.com.au

CHARM AND LOCATION 85 ESSEX STREET On site, Saturday 24th February at 10:30am Wednesdays 5:30 - 6:00pm & Saturdays 10:00 - 10:30am

0413 929 999 craig@capornyoung.com.au

0408 914 117 stephanie@capornyoung.com.au

9385 5559 /

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5B Bushell Place

SO LD Call for details Steven Currie

0413 984 569

155 Moreing Road

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19B Conon Road

Steven Currie

0413 984 569 3 Brown Street

0407 423 655

146 Victoria Avenue

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152A Stoneham Road

3rd March, 11:30am Aidan Casey

10th March, 2:30pm Lara Richardson

0417 185 706

Call for details Chris Storey

0411 037 504 4A Baldwin Avenue

SO LD

24th Feb, 9:30am Stefanie Dobro

9385 5559 /

All Offers by 22nd Feb Oonagh Lisle

11/170 Holland Street

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37 Oakover Street

0420 290 906

0409 229 115

$350,000 - $370,000 Connie Handcock

capornyoung.com.au

0411 115 147

Steven Currie

0413 984 569

205/19 Ogilvie Road

Call for details Steven Currie

0413 984 569

15/21 The Esplanade

Call for details Steven Currie

Call for details Steven Currie

19 Ventnor Avenue

0413 984 569 15 Pepler Avenue

SO LD

3B Ventnor Avenue

0413 984 569

99B Ullapool Road

Call for details Steven Currie

0413 984 569

Steven Currie

7 Gray Street

Mid $800,000’s Oonagh Lisle

9385 5559 /

0411 037 504

0413 984 569

$670,000-$700,000 Steven Currie

26 Smyth Road

Call for details Oonagh Lisle

capornyoung.com.au

0411 037 504

0413 984 569 407A Vincent Street West

Call for details Craig Gaspar

0413 929 999

RENTAL REVIEW PERTH´S RENTAL MARKET REBOUNDS Caporn Young leased 44 properties during January 2018, up from 39 during the same month in 2017, with over 50% of leased properties attracting multiple offers. Just as impressively, we had more than 800 enquiries in January which is great news for landlords. It means we have a full database of prospective renters who are looking for quality properties, along with an incredible opportunity to tap into the wants and needs of local tenants.

Due to this surge of interest, we´ve been able to ask specific questions about the size, type, location, style and condition of the properties tenants are seeking. All of this data allows us to analyse

FOR LEASE

It has even enabled us to engineer a few off market leasing deals we secured three leases in January without even advertising, which is an ideal outcome for all parties involved.

We´re also proud to report an increase in properties leasing at the asking price or higher, because we negotiate harde and are experts in our market. If January has been any indicator, we look forward to a very busy February!

Selection of hot properties currently for lease 115 Victoria Avenue

20/3 Silas Street LE AS ED

12/3 Brixton Street

our rental portfolio and when we find a match, we can lease homes faster to quality tenants who we already know.

29 Henry Street

4/65 Quarry Street

8/31 Hood Street

11 Reeve Street LE AS ED

22A Riverview Street

5/32 Henry Street

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

9385 5559 /

capornyoung.com.au

Caporn Young Estate Agents

Sharene Rule

Caporn Young Estate Agents

Phil Hayes

Craig Gaspar

Craig Gaspar

Sheridan Currie

Connie Handcock

Katy O’Shea

Congratulations all round We are proud to have been named Finalists in the 12th Annual Australasian Real Estate Results Awards (ARERAs) across a range of categories. The ARERA’s celebrate and congratulate the achievements of the leading independent agencies across Australia and New Zealand.