CY Magazine - Issue 97

Luxury Family Living by the River 7 April 2018 / Issue 97

08 9385 5559 / www.capornyoung.com.au

WELCOME

Richard Young - CEO, Caporn Young Estate Agents

FIRST QUARTER DELIVERS MARKET CONFIDENCE Almost 200 properties have been leased, sold and put under offer by our team in a strong first quarter start to 2018.

Returning confidence to both sellers and investors, the positive effects of a stabilising WA economy are feeding into the housing sector through rising demand.

Assured market sentiment is set to extend into the second-quarter, however while sales volumes have steadied, the market has been very segmented until this point. Not only have results varied geographically - where in demand suburbs outperform others - but the sales data shows that strategy is crucial to positive outcomes. The analysis we´ve undertaken of the nearly 80 properties sold or put under offer highlight the benefits of giving buyers an end date by which to act if they are interested in the property. By taking properties to auction, Caporn Young brings more certainty to the sales process and opens our

client´s properties up to a larger pool of buyers.

Going under the hammer has the potential to deliver a pricing uplift, therefore delivering better outcomes for sellers. Of the 94 properties leased in 2018, fierce competition has emerged in rental hot spots including West Leederville, Leederville and Wembley. Properties have rented quickly in these undersupplied markets with 3+ bedroom family homes popular at $500-$900 per week.

Executive tenants have also been active, seeking properties from $700-$1750 per week, with swimming pools and easy freeway access. Perth´s re-emerging rental market is great news for investors who are being sent clear indications of what the market requires, signalled by strong demand and stabilising rents. For those seeking to add to their portfolios in the centrally located areas listed above or in beachside areas (eg. East Fremantle), where lifestyle properties close to amenities continue to be highly sought-after, please contact our team for current investment opportunities.

COVER: Sensational family living at 99B Ullapool Road, Mount Pleasant.

Contact Steven Currie 0413 984 569 or Emma McCarthy 0417 920 448 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.

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 opportunity in an enviable location.

Low to Mid $4,000,000’s Visit capornyoung.com.au for times

0499 991 795 dan@capornyoung.com.au

0409 229 115 stefanie@capornyoung.com.au

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LUXURIOUS FAMILY LIVING 5

4

2

1

910

ATTADALE 108 STONEHAM ROAD Stylish designer abode evokes riverside luxury From its immaculate, landscaped gardens to the luxury feel of this designer residence, every need has been thoughtfully considered. An undercover, protected alfresco, theatre room, chef´s kitchen, five spacious bedrooms including two Master suites, open plan living and dining, and resort style pool and cabana - it´s designed for living.

FEATURES: - Sprawling family living with great separation - Upstairs and downstairs Master suites - Beautifully renovated and immaculately presented - Gourmet kitchen with European appliances, stone benchtops & b/fast bar - Gorgeous, leafy location close to Swan River

AUCTION On site, Saturday 14th April at 11:30am VIEW Saturdays 11:00 - 11:30am

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

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

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AU CT IO N

APARTMENT PRICE LIST APT NUMBER

LEVEL

BED/BATH

INTERNAL SQM

COURTYARD /BALCONY SQM

CAR BAY SQM

STORE SQM

TOTAL SQM

PRICE

1

Ground

2bed/1bath

56

24

13

4

107

$439,000

2

First

2bed/1bath

65

9

13

4

91

$459,000

3

First

2bed/1bath

59

10

13

4

86

$449,000

4

Second

2bed/1bath

65

9

13

4

91

$479,000

5

Second

2bed/1bath

59

10

13

4

86

$449,000

6

First

2bed/1bath

59

10

15

4

88

$449,000

7

First

2bed/1bath

64

9

15

4

92

$459,000

8

Second

2bed/1bath

59

10

13

4

86

$449,000

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URBAN LIFESTYLE OPPORTUNITY 2

1

1

803

NORTH PERTH 174 LOFTUS ST These newly built designer apartments offer everything you need for a comfortable low-maintenance lifestyle in the heart of buzzing North Perth. Stroll to everything, from cafes and the cinema to the train station or 24-hour supermarket or gym – this is an address that offers an unbeatable urban lifestyle. Featuring smart, neutral finishes, lots of natural light and a range of great layouts, you can choose from eight apartments, all with lots of bonus features such as built-in robes, intercom entry, and split-system reverse-cycle air-conditioning.

With two bedrooms, an open-plan living area and alfresco, high-spec finishes, abundant storage and a carbay, it’s a well-designed base to enjoy the best of the city, with the bonus of a $10,000 first home grant available to eligible buyers.

FOR SALE $439,000 - $479,000 VIEW Wednesdays 6:45 – 7:15pm & Saturdays 12:00 – 1:00pm

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

STEPHANIE TAYLOR 0408 914 117 stephanie@capornyoung.com.au

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O FF ER U ND ER

UNIQUE OPPORTUNITY

120 MARINE PARADE You can´t get more Cottesloe than this extraordinary beachfront site, where the relaxed seaside atmosphere spills into the excitement of development potential. The existing building offers excellent holding income, with the opportunity to develop a new foreshore landmark with ground-floor commercial/retail and four storeys of luxury apartments.

0413 984 569 steven@capornyoung.com.au

0412 385 056 richard@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.

From $679,000 Visit capornyoung.com.au for times

0409 229 115 stefanie@capornyoung.com.au

0437 225 725 nikki@capornyoung.com.au

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O FF ER S

GRAND & ENCHANTING HERITAGE BEAUTY 9 BATEMAN STREET Located in Fremantle´s coveted Ord and Bateman Street Precinct, this immaculately restored heritage home (c 1903) sits opposite Monument Hill with unrestricted elevated views to Fremantle Harbour and beyond. High ceilings, original jarrah floors and an enchanting sunken garden are just some of the features of this four-bedroom, two-bathroom grand residence.

Offers from $1,729,000 Visit capornyoung.com.au for times

0434 076 229 michael@capornyoung.com.au

0409 229 115 stefanie@capornyoung.com.au

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COOL INDUSTRIAL ECO-CHIC 277A HIGH STREET Discreetly located at the rear of a Fremantle strata-property, this architecturallydesigned, three-bedroom, two-bathroom, pavilion-style home is made for stylish, minimalist eco-living with striking polished-concrete floors, open-plan living areas, gallery-white walls and light from every corner. Clean, industrialstyle finishes bring this home together with unquestionable contemporary-cool.

On site, Saturday 28th April at 11:30am

0411 115 147 connie@capornyoung.com.au

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O FF ER S

KIMBERLEY COASTAL TOURISM MECCA LAGRANGE (VIA BROOME) Adjacent to Port Smith Lagoon, minutes from the ocean on the Kimberley region´s north-west coast, Port Smith Caravan Park´s spectacular natural diversity inspires a strong tourism following. Offering a myriad of recreational fishing & water-based activities, this well-established business occupies over 200ha of Crown Lease. Offered as a Going Concern by retiring owners.

All offers presented Tuesday, 22nd May at 4:00pm Visit capornyoung.com.au for times

0420 200 773 phil@capornyoung.com.au

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A HOME FOR EVERY MOMENT

Whether it be a morning coffee in the east facing garden, a family gathering in the heart of the home or a relaxing glass of wine at the end of the day on the north to west wrap around front porch, this home has you covered.

Perfectly situated close to the village, schools, Perth city and the new Burswood stadium.

Please call for details Visit capornyoung.com.au for times

0402 456 485 adam@capornyoung.com.au

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HIDDEN GEM

40 OLIVE STREET Hidden behind the unassuming facade sits a light, bright and spacious home, with great accommodation and plenty of separation. Nestled on a quiet Subiaco street, but just moments to shops, restaurants, cafes, and public transport, this gorgeous property won’t last long!

Low $1,000,000’s Visit capornyoung.com.au for times

0411 037 504 oonagh@capornyoung.com.au

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FLEXIBLE MODERN LIVING 62 BLENCOWE STREET This smart lock-and-leave house will appeal to families, downsizers or professionals after a modern, well-designed base between city and beach.

With four bedrooms, a choice of living areas, and inviting yet lowmaintenance outdoor space, it offers space, style and comfort in a sought-after central location.

On site, Saturday 7th April at 11:30am Saturday 11:00 - 11:30am

0413 929 999 craig@capornyoung.com.au

0408 914 117 stephanie@capornyoung.com.au

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LIVE THE FREO LIFE 17/5 BANNISTER ROAD Visit capornyoung.com.au for times

0434 076 229 michael@capornyoung.com.au

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0409 229 115 stefanie@capornyoung.com.au

LOFTY WEST END TOWNHOUSE 12/7 LEAKE STREET On site, Saturday 28th April at 10:30am Visit capornyoung.com.au for times

0434 076 229 michael@capornyoung.com.au

0409 229 115 stefanie@capornyoung.com.au

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3B VENTNOR AVENUE

Visit capornyoung.com.au for times

0413 984 569 steven@capornyoung.com.au

10 BIRRIGON LOOP

Visit capornyoung.com.au for times

0420 290 906 chris.storey@capornyoung.com.au

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48/34 Davies Road

4/22 Caporn Street

AU CT IO N

50 Stoneham Road

From $1,895,000 Stefanie Dobro

0409 229 115

Offers from $325,000 Helen Hemery

0406 300 828 2 Carnac Street

SO LD

31 Sewell Street

SO LD

3B Hubble Street

0408 370 809

14th April, 10:30am Tim Caporn

SOLD AT AUCTION Connie Handcock

0411 115 147

From $1,249,000 Stefanie Dobro

8/330 Churchill Avenue

0411 115 147 35 Simper Crescent

SO LD

43 McCabe Street

0409 229 115

SOLD PRIOR TO AUCTION Connie Handcock

SOLD AT 1ST OPEN Offers from $1,295,000 Craig Gaspar

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Call for details Craig Gaspar

capornyoung.com.au

0413 929 999

Connie Handcock

0411 115 147

RENTAL REVIEW THE ACCIDENTAL INVESTOR A common investor in Australia is the accidental investor - that is, someone who buys a property to live in, but when the time comes to move on, they decide to keep it as a rental property rather than sell. We find many of our new management clients are owners who are following career opportunities that take them down south, interstate or overseas, which is such a win-win situation for all parties. From our perspective, these properties are easy to lease: because it was someone´s owner-occupied home, the property is generally well maintained, with established gardens and plenty of amenities. For tenants, they´re getting access to a great quality

FOR LEASE 3/17 Victoria Avenue

62 Hampton Road

Selection of hot properties currently for lease 18 Angwin Street

8/40-42 Duke Street

4/1 Dunedin Street

11/10 Kwong Alley

22/165 Derby Road

131 Hampton Road LE AS ED

60/269 James Street

property that hasn´t seen years of wear and tear from tenants. And for the owner, they´re thrilled that their property has been snapped up so quickly: our team is routinely able to secure a tenant within the first or second open home, after sifting through multiple applications. Placing a tenant quickly isn´t where our service ends, however. At Caporn Young we care about the result, which is why we tailor our approach to suit your needs. From working out what level of communication you prefer as an owner, to providing strategic advice about how to maximise your rental returns, we can assist you with your investment every step of the way.

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

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An elegant new style.

A market full of promise.

Change has never looked so good.

sales / auctions / rentals

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