June 2009 Property Book

Page 1

NEWS. COMMUNITY. HOMES. 2009

the

JUNE

Local Agency Wins Top Network Accolade

Property Book

PAGE TWO Take A Break On Us!

YOUR LOCAL NEWSLETTER & BUYERS PROPERTY GUIDE

PAGE THREE

AFFORDABILITY ATTRACTS SALES SURGE The rush of first-home buyers is being driven not only by government grants, but by the best affordability since 2002. Average mortgage repayments for first-home buyers have dropped by a third since September. The lower rates and the increased government grants have brought an influx of first-home buyers who might otherwise have put off the purchase of their first home for years. They are seeking the cheapest property in the market, and as a result, the median price of a property sold to a firsthome buyer has come down from $418,100 in September last year to $383,800 in March, according to the housing affordability study compiled by the Commonwealth Bank and the Housing Industry Association. The study shows that mortgage payments consume 17.1% of firsthome buyer income, well down from 28.3% a year ago.

Thinking of Investing in Property? PAGE FIVE

The influx of first-home buyers has changed the profile of the market for new homes, with as many as a quarter being sold to people buying their first home, compared with a historic average closer to 15%. HIA chief executive Chris Lamont said there was an influx of generation X and generation Y home buyers who would not otherwise have purchased their first home for several more years. However, he said, the surge would not last indefinitely. Purchases by people selling their first home and trading up to a new home remain depressed by insecurity about work, he said. ‘‘Trading up is a discretionary decision. We don’t expect any recovery in that end of the market in 2009, and that is reflecting the general economic outlook and employment.’’

continued on page 2

Local Property For Sale PAGES SIX TO ELEVEN

Budget Tips •

Try bartering with friends & family. Swap thing you have for things you need.

Many shops mark down perishables in the last hour before they close – this is a great time to buy bread, cakes, and milk

You don’t have to be a big family to buy in bulk – find a friend to share your purchases with and you’ll save heaps.

Sign up for eNewsletters as often you will receive regular discounts and information on the latest offers.

.DQ@MF Phone: 07 55960055 nfn@nfn.com.au www.nfn.com.au


LOCAL AGENCY WINS TOP NETWORK ACCOLADE Local real estate agency, First National Nerang, has been recognised at the First National Annual Convention Awards Ceremony, winning awards including the Highest Number of Listings and the Highest Number of Residential Listings for a Medium Agency. Held on Friday night as part of First National Real Estate’s Australasian Convention in Christchurch, New Zealand, the awards were attended by around 365 of the network’s members and celebrate the network’s outstanding performers. In accepting the awards on behalf of the Agency, Principal Mike Gray said the team’s success was even sweeter given the volatile market and tough economic conditions of the past 12 months. “These awards are evidence that when things get tough, the tough get going and that’s one of the benefits of being part of a network committed to excellence,” Principal Mike Gray said.

“First National continually strives to improve so that we remain at the forefront of our industry and offer a point of difference to our competitors. “Keeping abreast of industry trends and providing the most up to date market information is critical to any real estate business and the dedicated team at Nerang First

“The First National business awards are the opportunity for members to receive the accolades they are so deserving of,” Mr Ellis said. “It is through their contributions and the collective efforts of the network that we encourage our members to learn and grow their businesses. “This year’s awards reflect the

National will ensure the agency’s ongoing success by being primed to meet the future challenges of an increasingly difficult and tough market.”

professionalism, experience and dedication of all our members and those fortunate enough to win

First National Real Estate Chief Executive Officer, Mr Ray Ellis, presented the national awards and congratulated Nerang First National on their success.

do so as a result of hard work and focus, and it’s great to see that recognised by their colleagues in the industry.”

AFFORDABILITY ATTRACTS SALES SURGE Continued from cover page

About 155,000 new homes were required annually to meet the demand of rising population, he said. Activity at the moment was consistent with annual housing construction of about 130,000 or 135,000 units. Mr Lamont said the Government’s housing investment programme would help, but it would not offset the weak trade-up and investment demand. ‘‘The best we could hope for would be a return to 150,000 annual starts, and that would not be this year or next,’’ he said.

Research by RBS economists Kieran Davies and Felicity Emmett shows that house prices are more responsive to rises in unemployment than they are to lower interest rates. This explains why real house prices (after allowing for inflation) have fallen by 10% from their peak despite a 3.8-percentage point fall in interest rates while unemployment has risen by 1.5 points. Their research showed that the level of housing supply, housing construction costs and real household income have little influence on house prices. They found that the biggest influence on house prices was the ‘‘momentum’’

in the market — when house prices were rising, they kept rising regardless of what was happening with employment or interest rates. ‘‘With a self-reinforcing dynamic at play, prices may fall further, independently of what happens to unemployment. If prices continue to decline, irrespective of supportive fundamentals such as seemingly tight supply and low mortgage rates, then it could put a further dampener on spending and lead to a more severe drop in GDP this year,’’ their study concludes.


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FIRST NATIONAL UNDERGOES A TECHNOLOGICAL REVOLUTION At its Australasian Convention 2009, being held in Christchurch this week, First National Real Estate outlined a host of new technological developments for its member network that will revolutionise the way people buy and sell their properties in the future. According to Mike Gray, Nerang First National, the new technologies will ensure First National Real Estate remains at the forefront of the property industry. “Buyers and sellers, renters and landlords will now be able to obtain information on the market and market trends faster, easier and more efficiently than ever before,” Mike said. “We have products that have the ability to generate meaningful market intelligence reports, communicate more effectively with

client databases and streamline property management processes for improved efficiency. “In addition, we are totally revamping our website to make property searches easier, and matching of local agents with expertise as well as incorporating web-videos to tap into the YouTube generation. “We are also going t be using SMS to and MMS more as a cost-effective way of getting market information to our customers ahead of anyone else in the business.” Spearheading t technology the revolution is the network’s new Utopia system. Utopia increases listings by cleverly harvesting buyers and producing online buyer demand reports that help target specific buyers, as well as automatically keeping in touch with buyer databases using SMS, MMS

and email communication modes. “The beauty of Utopia is that it enables customers to input their wish-list directly into our website and it serves tenants and home buyers equally,” Mike said. “In this way, the moment a new sale or rental property becomes available, Utopia matches interested parties and sends them an email or even posts a letter.” First National Real Estate will soon launch the www.firstnationalbusiness. com.au website which lists businesses for sale across its portfolio. Detailed business searches, information and links to First National Real Estate Agents and brokers specialising in business sales are just some of the features of this new website. Real Estate will never be the same again, and First National is leading the charge to ensure consumers receive the benefit of new technology.

EMPLOYEE OF THE MONTH

MUM MAKES OUR HOUSE A HOME! No doubt there were a lot of spoiled mothers last month, as our mum’s got to spend Mother’s Day being thanked for all of the amazing work that they do every day. Sam, Jamie and Emily Inches from Wedgetail Lane, Nerang won their mum a luxurious $200 pamper pack from Aegean Day Spa in Nerang just in time for Mother’s Day thanks to NFN

salesperson Susie Gale. Their mum was nominated in Susie’s “My mum makes the best home” competition, because “she gave us a nice house to live in and nice stuff like clothes, bikes food and other nice things”. Well done Sam, Jamie and Emily, we hope that your mum had a wonderful day!

Congratulations Angela! Angela takes care of contracts and finances in the office and has been with us for almost 5 years now! Well done!


THINKING OF INVESTING IN PROPERTY? PROPERTY investing is becoming more popular as interest rates tumble, the share market remains in the doldrums and returns from cash deposits head towards zero. One of the first questions any real estate investors must ask themselves is whether they plan to buy an established home or build a new one. Property experts say there are positives and negatives with both approaches. It is important for investors to research and understand exactly what they want. Peace of mind? Instant income? Bigger tax deductions? Long-term growth? Answers to these questions will help shape an investment decision.

probably better off building or buying new because you have very low maintenance on the property,” he said.

Real estate author, investor and university lecturer Peter Koulizos says there is no right or wrong answer in the debate. “If you are looking for hassle-free investment in property, you are

Brock Harcourts chief executive Greg Moulton said that was a factor investors must weigh up against the benefits of building, such as tax and stamp duty savings.

“However, buying established gives you the opportunity to value-add whether through renovations or subdividing.” Investors, however, should expect to be paying more for repairs to an older house. A big potential downside with building an investment property is that investors do not receive any income while it is under construction.

“If you want a better return and bang for your buck in the short term, maybe look at building, but if you are looking at a long-term investment opportunity you will be going where the capital gains are - & 9 out of 10 times that is in established areas.” “One of the advantages with buying in established areas is convenience with schools” he said. Hamra Homes marketing manager Gaby Haidar said a key factor in building an investment property was selecting the right suburb. “Investors need to be smart about their choices and should pick a growth suburb to build, ensuring good returns and maximum capital growth,” he said.

INVESTORS GEAR UP POSITIVELY FOR PROPERTY First National says now is the time for investors to capitalise on positive gearing opportunities, as rising rents continue to drive rental yields upwards. “Rental yields are basically at the point of being equal to or greater than current mortgage rates,” Mike Gray, First National Nerang said. “This means positive gearing becomes a real opportunity to maximise the returns on investments.” Positive gearing is when a property yields an above average rental return for the purchase price and/or expenses are lower than

average. This means your return outweighs your expenses so you have extra money in your pocket each week. “The real benefit for investors who positively gear their properties is that the increased income lifts their ability to service more debt,” Mike, said. “In today’s property market this means there is the potential for investors to pick up a property at a bargain price, and charge above average rents in return, maximising their return on investment. “Also, because they have additional

income, they are in a better financial position to secure bank loans.” Recent Australian Property Monitor statistics show asking rents on Australian residential properties increased significantly in the year to March, and that year-on-year growth has been strong and is expected to continue. “As indicated in our recent Property Outlook 2009, rental yields are expected to remain strong for quite a while due to ongoing housing supply pressure around the nation,” Mike, said.


A1

A2

CARRARA Terrific Tidy Townhouse! • 3 bedrooms • Semi ensuite upstairs plus downstairs powder room • Open plan living and dining • Great sized kitchen • Air conditioning • Close to complex pool

• Auto LU garage plus parking bay • Very tidy complex • Currently owner occupied Price: $290,000 Web ID: 1071911 Contact: Shawn Barber 0404 257 243 Cheree Miers 0410 628 908

HIGHLAND PARK Executive Views • Sensational panoramic Gold Coast views by day and night • Elevated 689m2 block within the Outlook Estate • Ideal site to build a tri-level home that will allow every room to capture views

A3

• Surrounded by prestige million dollar homes • Only 15 minutes to beaches Price: $349,000 Web ID: 935699 Contact: Robert Lewis 0411 342 326

A4

CARRARA Reach Out And Touch The Coast! • 796m2 vacant lot • Elevated corner block • 270 degree views from Burleigh to Main Beach • New estate in popular Carrara • Central to everything on the Coast

• Easy M1 access • Take a drive past, experience the views! Price: $351,000 Web ID: 1075872 Contact: Susie Gale 0406 901 350

NERANG Young Families Will Love This! • • • •

3 bedrooms Open plan lounge and dining Modern kitchen Huge covered deck looking out to Nerang State Forest with 2nd entertaining area below • Big landscaped yard

• Storage/workshop under home • LU carport • Nothing left to do! Price: $359,000 Web ID: 1061332 Contact: Ray Ellis 0407 116 559 Joanne Ellis 0438 126 312

A6

A5

NERANG A Treasure Chest! • 4 Large bedrooms plus ensuite • Designer kitchen with polished granite benchtops • Reverse cycle air conditioning • Fully fenced courtyard • LU garage, carport plus visitor parking

• BBQ area & resort pool in complex • Centrally located close to train station and M1 Price: $369,000 Web ID: 1057955 Contact: Robert Lewis 0411 342 326 Paul Moitzi 0423 589 958

quick search these properties and more at

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NERANG Yes! Your New Home! • 3 bedrooms • Ensuite to master • Tiled open plan living and dining area • Reverse cycle air conditioning • Functional kitchen with new appliances

• Great undercover entertaining area • Big yard for the kids and pets • Double LU garage Price: $385,000 Web ID: 1079252 Contact: Susie Gale 0406 901 350

55 960055


B1

B2

NERANG A Perfect Start! • 4 bedrooms • Large open plan living with balcony to catch the morning sun • Lovely modern kitchen • Low maintenance corner block • Loads of storage space • Double LU garage

• Located close to schools and all amenities • Tenanted until July 2009 Price: $375,000 Web ID: 1068594 Contact: Shawn Barber 0404 257 243 Cheree Miers 0410 628 908

HIGHLAND PARK Mortgagee Sale! • Immaculate freestanding townhouse • 3 bedrooms, ensuite • Ducted air-conditioning • Spacious open plan living area • Quality 2 Pac kitchen • 2 Large decks with bush outlook

B3

• Huge open double auto garage • Outstanding resort style pool area • Prestige security gated estate Auction: 20th June at 12.00pm Web ID: 1076756 Contact: Shawn Barber 0404 257 243

B4

WORONGARY Family Friendly • • • • •

3 bedrooms Air conditioning & ceiling fans Lovely kitchen with dishwasher Covered outdoor living area Terrific flat yard looking to the park • Garden shed

• LU garage with drive through access to carport plus 2nd carport with side access Price: $410,000 Web ID: 1061408 Contact: Shawn Barber 0404 257 243 Cheree Miers 0410 628 908

NERANG Room To Swing Two Cats! • Four bedrooms, ensuite • Big rumpus/study or potential granny flat • Extra large kitchen with dishwasher • Open plan living • Very low maintenance yard

• Loads of storage space • Quiet cul-de sac location • Currently tenanted at $400 pw Price: $420,000 Web ID: 1055136 Contact: Julie Morgan-Kemp 0409 870 301

B6

B5

MAUDSLAND Acreage Block, Prestige Estate • 4060m2 building block • Elevated with lovely bush outlook • Corner block with great frontage • Surrounded by prestige acreage homes

• Town water • Located in Lakeview Downs Estate • Only minutes to CBD Price: $399,000 Web ID: 1037421 Contact: Andrew Davidson 0411 760 600

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CARRARA Move Right In • • • • • • •

3 bedrooms, ensuite to master Air conditioning Large open lounge/dining Separate dining/family room New kitchen with dishwasher Fresh paint and new carpets Outdoor entertaining area

• Lockup garage & shade sail parking • Flat usable yard - room for a pool • No work to do! Price: $429,000 Web ID: 1055118 Contact: Robert Lewis 0411 342 326 Paul Moitzi 0423 589 958

55 960055


C1

C2

HIGHLAND PARK Beautiful, Unique and Yours! • 4 bedrooms, ensuite • Massive timber kitchen with modern appliances • Open plan living area • Tall timber cathedral ceilings • Huge front entertaining deck • Downstairs rumpus

• Private inground pool • Double covered parking, side access • Views over Carrara to Surfers Price: $527,000 Web ID: 1037350 Contact: Julie Morgan-Kemp 0409 870 301

HIGHLAND PARK Let Me Entertain You! • 3 bedrooms plus study • Ensuite to master • Formal lounge with plenty of natural lighting • Large tiled family room • Air conditioning • Fantastic inground salt pool

C3

Massive 5293m2 lot in town 4 large bedrooms, ensuite Tri-level design with 3 living areas Cyprus Pine flooring Country style kitchen Air conditioning Elevated pool area & pool house

• Wrap around verandahs with large entertaining deck • Double LU garage Price: $549,000 Web ID: 1063990 Contact: Robert Lewis 0411 342 326 Paul Moitzi 0423 589 958

LOWER BEECHMONT Idyllic Hideaway • Panoramic Gold Coast views • 3 bedrooms plus study • Separate lounge, dining and family rooms • Hardwood timber floors • Beautiful new, modern kitchen • Combustion fireplace, air con

• Massive rear entertaining deck • 4 car undercover car accomm. • Extensively landscaped grounds Price: $595,000 Web ID: 985870 Contact: Steven Hayes 0421 643 871 Julie Morgan-Kemp 0409 870 301

C6

C5

CARRARA Green Garden Paradise • • • • • • •

Price: $529,000 Web ID: 1061430 Contact: Robert Lewis 0411 342 326 Paul Moitzi 0423 589 958

C4

CLEARWATER Acreage Entertainer - In Town! • • • • • • •

• Large covered outdoor living areas • Double LU garage • Walk to schools, shops & transport

Architecturally designed home 4 queen size bedrooms Prestige ensuite to master 3 Separate living rooms Air conditioning Inground salt pool with gazebo Storage room/studio plus shed

• Massive 1163m2 lot backing to parkland reserve • So many added extras! Price: $595,000 Web ID: 1068619 Contact: Steven Hayes 0421 643 871

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HIGHLAND PARK Watch The World Go By! • • • •

4 bedrooms, ensuite Open plan split level living areas Split system air conditioning Full length windows with panoramic views • Auto double lockup garage • Workshop & storage

• Abundance of fruit trees and low maintenance gardens • Huge 1320m2 block Price: $619,000 Web ID: 1057911 Contact: Robert Lewis 0411 342 326 Paul Moitzi 0423 589 958

55 960055


D1

D2

CARRARA Views From The Summit • Amazing views over Emerald Lakes Golf Course to Surfers • 4 bedrooms, ensuite to master • Big lounge with raked timber ceilings and fireplace • Open plan kitchen, dining & family room

• Covered outdoor entertaining area • Inground pool with springboard • Double LU garage Price: $569,000 Web ID: 1068609 Contact: Paul Moitzi 0423 589 958 Robert Lewis 0411 342 326

MUDGEERABA Beautiful Nature Surrounds • • • • • •

• Established gardens with water tanks 4 bedrooms, ensuite to master • Double LU garage Beautiful modern kitchen • 4932m2 lot with bushland outlook Spacious formal lounge room Ducted air conditioning Price: $615,000 Open plan informal living & dining Web ID: 1072088 Massive covered entertaining Contact: Steven Hayes 0421 643 871 deck plus 2nd deck with spa Julie Morgan-Kemp 0409 870 301

MT NATHAN Dual Living Potential on 3/4 Acre!

D3

This home has classic Queenslander looks on the outside, but is nothing but modern inside. You’ll love the bushland outlook from the wrap around verandahs, the huge living spaces and the potential for dual living! • Four bedrooms • Huge master bedroom with ensuite and spa bath • Open plan design upstairs with polished timber floors • Large ultra modern kitchen with commercial size gas stove • Potential self contained granny flat downstairs - just add a kitchenette! • 9ft ceilings upstairs and down • Large paved undercover outdoor area with toilet • Wide wrap around verandahs with great views • Double LU garage with workshop and storage • 2915m2 lot with lovely views TERRIFIC VERSATILE HOME! Price: $659,000 Contact: Steven Hayes 0421 643 871 or Julie Morgan-Kemp 0409 870 301 Web ID: 1068645

GAVEN Size, Sheds And Serenity!

D4

Acreage privacy close to the action! Ideal for trucks, landscaping business, or a car collector, this property has extra room for all the bits and pieces with 3 massive sheds plus a lovely character filled home. • 4 bedrooms plus study and ensuite to master • Massive open lounge with combustion fireplace and tall timber cathedral ceilings • Extra large & functional kitchen • Separate TV room • Air conditioning • Full length country style wrap around verandahs • Enclosed & covered outside entertaining area • Fully fenced inground pool • 3 massive sheds plus circular driveway with truck turning circle • Massive 2.84 acre (approx) block only minutes to the CBD Price: $680,000 Contact: Robert Lewis 0411 342 326 or Paul Moitzi 0423 589 958 Web ID: 1063994

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55 960055


GILSTON 2 Homes on 3/4 Acre!

E1

Need room for your extended family - how about this? A huge 3 bedroom home PLUS a 2nd totally separate 2 bedroom home, all set on a stunning 2/3 acre lot! The answer to every big family’s dilemma! Main Home: • 3 big bedrooms • 3 massive and separate living areas • 2 undercover entertaining areas • Extra tall tandem carport 2nd Home: • 2 bedrooms • Spacious open plan living • Covered deck area • LU garage The property is surrounded by 10+ acre properties Price: $695,000 Contact: Ray Ellis 0407 116 559 or Joanne Ellis 0438 126 312 Web ID: 1032729

GAVEN A Breath Of Country Air

E2

Enjoy the expansive spaces & the fresh air of acreage living without missing out on city conveniences! The usable land is very private, and provides access to loads of accommodation for cars, trailers, boats & more. • 4 bedrooms, ensuite and walk in robe to master • Very generous office/study or fifth bedroom • Separate formal lounge and dining areas plus family room • Modern country style kitchen • Air conditioning plus ceiling fans throughout • Covered entertainment patio area with stunning views • 70,000L pool with shade sail • Expansive green views to Coombabah Lakes and beyond • Double LU auto carport, double garage plus 6x6m shed • Long sealed driveway to access sheds and rear of property • 4005m2 usable acreage lot Price: $729,000 Contact: Steven Hayes 0421 643 871 or Julie Morgan-Kemp 0409 870 301 Web ID: 1078295

GAVEN Immense Acreage Home

E3

A terrific, big 1 acre family home situated on a very private lot. Great for the avid entertainer and car/ truck enthusiast, you’ll find that this property ticks all the boxes when it comes to the perfect acreage lifestyle! • 3 bedrooms, 2 ensuites plus master bathroom • Formal and informal living and dining rooms • Spacious kitchen • Massive family room with bar • Air conditioning • Covered and screened outdoor living area • 11m inground pool and spa with BBQ gazebo • Town water plus 2x 18,000L water tanks • Long circular sealed driveway • Huge 16x8m, extra tall double LU garage plus 2 vehicle carport • Flat and usable 4644m2 lot Price: $769,000 Contact: Robert Lewis 0411 342 326 or Paul Moitzi 0423 589 958 Web ID: 1069056

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55 960055


LOWER BEECHMONT On Top Of The World

F1

Superbly built, this immaculate modern home is quality built with many features exceeding Australian standards. Relax on the rear deck & enjoy the sound of bushbirds, or take up a hobby in the massive 12x7.5m shed! • Modern spacious steel frame home • 4 bedrooms • Walk in robe and stunning ensuite with spa to master • Spacious formal lounge and dining rooms • Large modern kitchen with hgue walk in pantry • Informal living and dining areas • Undercover entertaining deck with bush outlook • 12 x 7.5m double bay shed with power, water and extra carport • Double LU garage with internal access • Beautiful landscaping with impeccable stone retaining walls • 6132m2 (1.52acres approx) lot Price: $799,000 Contact: Steven Hayes 0421 643 871 or Julie Morgan-Kemp 0409 870 301 Web ID: 1014693

HIGHLAND PARK Opulence To Suit All!

F2

This home would be a great fit for people from all walks of life! Boasting wide views from the mountains to the Coast from the open plan living spaces, this spacious home delivers on style, privacy and features! • Architecturally designed • 3 generous sized bedrooms plus large office • 2 main bathrooms, ensuite to master plus guest powder room • Large 12m inground pool • Massive open main living area with 3 distinct lounge & dining areas • Gourmet kitchen with Meile appliances, and cappuccino machine • 2 levels of outdoor entertaining verandah with Surfers views • Sauna for relaxing in after work • Full security with intercom • Double auto LU garage plus auto security gate • Landscaped gardens plus water tanks for irrigation etc Price: $847,000 Contact: Paul Moitzi 0423 589 958 or Robert Lewis 0411 342 326 Web ID: 1055143

MT NATHAN 10 Acres, Coastal Views

F3

Set high on a hill in sought a sought after street, this stunning home offers Surfers’ & ocean views, as well as the best that nature has to offer in hinterland views, privacy, space & size. Vendors MUST sell - Bargain Opportunity! • Massive 3.86 hectare (10 acres) lot with 2 street frontage • Sweeping Gold Coast & Hinterland views • 4 bedrooms plus study • Parents retreat with balcony, ensuite and walk in robe • Big timber kitchen with Westinghouse appliances • Massive triple LU garage plus heavy vehicle hard standing area • Tiled private solar heated 3.5 x 9 inground salt pool and spa • Massive resort style entertainment area & deck • Large spring fed dam • Minutes drive to CBD, 20 minutes to Gold Coast beaches • Future subdivision potential Price: $1,200,000 Now $869,000 Contact: Ray Ellis 0407 116 559 or Joanne Ellis 0438 126 312 Web ID: 1010952

quick search these properties and more at

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55 960055


HAPPY CLIENTS

N Nerang Fi Firstt N National ti l R Reall EEstate tate t Cnr of Price and White Streets P.O Box 176 Nerang QLD 4211

We Put You First

Phone Fax Email Web

: 07 - 55960055 : 07 - 55960074 : nfn@nfn.com.au : www.nfn.com.au


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