Property Insider
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Parkinson Prestige Fresh from the merger of their Melbourne business rent roll with Infolio Real Estate headed by Lauren Stanley and former Essendon football great Jobe Watson, Principal of Parkinson, Frank Mlikota is excited to launch Parkinson Prestige – committed solely to sales in the prestige market. Parkinson has quietly set a number of sales records and sold some high profile, high end properties including La Vista and possibly the most popular sale in Australian history, the ‘Matt Damon house’ in Broken Head. Mlikota is used to dealing with celebrities and high net-worth individuals. In a previous life he worked in film and television and his wife Jane (Parkinson) Mlikota was a highly respected television producer. ‘A lot of our friends and colleagues have become clients and we have an enviable database of buyers to draw from, particularly for off market sales and in times where discretion is paramount,’ Frank says. Jane describes her husband Frank as eccentric and a genius. ‘Who else can sell a $10
million dollar house in bare feet? He stopped wearing shoes years ago and I’m still getting used to the idea. It works for him. People remember him, people love him. Over 25 years of experience in real estate also helps!’, she says. frank@parkinson.net.au
quarter 2019. ‘This is due to the rise in the average loan amounts after the lower levels of the March quarter – which appears to be an annual pattern,’ Mr Kelly said. ‘With the exception of Western Australia, housing affordability declined in all states and territories. Although average loan amounts increased in all states and territories between 0.2 per cent and 6.2 per cent, only Western Australia’s average family income surpassed the increase in the loan amount.’ Mr Kelly said the total number of loans increased over the June quarter by 6.6 per cent. ‘The number of loans to owner-occupier first home buyers has recorded increases in five of the six months of 2019. However, compared to the previous twelve months there was 16,521 fewer new housing loans a decrease of 15.1 per cent. ‘This upward trend in first home buyer loans is expected to continue, as over the past few years there has been an increase in the final quarter of the year.’
REIA President Adrian Kelly said the June quarter 2019 edition of the REIA Housing Affordability Report found the proportion of income required to meet rent payments decreased to 23.8 per cent, a fall of 1.2 percentage points over the quarter and a decrease of 0.3 percentage points compared to the same quarter 2018. This means that across the country rental affordability improved during the June 2019 quarter to the lowest proportion of income required to meet rent payments since June 2008, according to research from the Real Estate Institute of Australia. However in a recent study by Compass Housing, a non government, not for profit social housing group, rental affordability in Byron Bay was rated least affordable, when the average rents were measured against the median weekly incomes of renting households. The average rent in Byron Bay was $590 per week – 48% per of the average household income for renters of $1218 per week. Mr Kelly said housing affordability declined marginally across the country in the June
ljhooker.com.au E M O AM
Land Size 2.11 hectares
ON TI 19
Brooms Head Lot 91 Sandon River Road This is the last and only opportunity
C 0/ AU19/1
H Y 11
ENRDA P O TU SA
This vacant 5 acres midway along the Sandon River Road is the last of its kind, so when this one is sold, that’s it. The opportunity to create your own small acreage coastal haven at The Sandon/Brooms Head area is gone forever. The owner seeks buyer opinion on price. How much would you pay for this slice of paradise?
5 ACRES
Auction Saturday 19th October 2pm Brooms Head Bowling Club Web www.ljhooker.com.au/HXDF6G Grant Neilson 0429 664 312 LJ Hooker Maclean 6645 2222
Land Size 1,529 sqm
N IO 9
Woombah 25 Waterview Crescent
5
2
4
CT 0/1 AU19/1
Townsend 10 Think Road Prime Industrial Site in Townsend With industrial land in Townsend rarely available for sale, 10 Think Road presents an opportunity for the savvy buyer to secure the only industrial block on the market in the Maclean district. The 1,529 m2, General Industrial corner block, with dual street access (STCA), offers prime exposure and is only 5 minutes from the Pacific Highway.
The Home is Stunning and the Views are Spectacular If you’re looking for a waterfront property with views, look no further than this magnificent offering on the beautiful Clarence River at Woombah. Picture yourself in your new riverfront lifestyle, enjoying a spot of fishing or exploring the waterways. Then come home to the privacy of your own 2.6 acre fully landscaped retreat, with its abundant wildlife.
Auction On Site Saturday 19th October 11am View Saturday 11am – 11.30am Web www.ljhooker.com.au/HUJF6G
Auction Saturday 19th October 2pm Brooms Head Bowling Club
Travis McConnell 0407 450 007 Angus Suttor 0436 006 717 LJ Hooker Maclean 6645 2222
Angus Suttor 0436 006 717 LJ Hooker Maclean 6645 2222
229 River Street
All information contained herein is gathered from sources we consider to be reliable. However, we cannot guarantee or give any warranty about the information provided. Interested parties must solely rely on their own enquiries.
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