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#6110 SHANE BEAUMONT:
THE ONE IN GOSNELLS
GOSNELLS QUARTERLY REPORT
NO NEED FOR THE DOOM AND GLOOM! With seventy sales in the last quarter, a healthy number of properties on the market, and some of the strongest sales activity seen in months, there’s no shortage of action in Gosnells right now! Here’s what we know:
units/ villas while first home buyers are choosing only new product due to the $15,000 First Home Owners Grant.
First home buyers are continuing to make the most of the opportunities, particularly in the Gosnells area where many properties are ideally suited to this market.
Prices must be in line with the market from day one as it is when they are given their greatest exposure to the market and can create positive urgency amongst buyers.
Investors still active but highly selective. While continuing to invest, investors are cautious and diligent in seeking out well-priced properties with future potential. With banks increasing investor interest rates in order to decrease investor activity on the east coast, the flow-on effect in the gentler Perth market is amplified.
Development sites are back to 2009 prices in many circumstances as the current market has an oversupply of land and new villas available.
We have many registered buyers from the eastern states seeking opportunities in the W.A. market given the disparity between the east and west coast property markets. Downsizers and retirees are buying many of the secondhand
Based on the results I’ve achieved over the last few months, I can assure you that there are plenty of good results going on in the Gosnells market. If you’re keen to know what is happening in the current market, it makes sense to talk with someone leading and active within the market. Many times, we don’t even need to disturb the tenant of managed properties. I look forward to seeing you in the marketplace and wish you all the best for 2017!
GOSNELLS ANALYSIS
70
THE TOTAL NUMBER OF PROPERTIES SOLD IN PAST QUARTER (TOTAL LAST QUARTER: 59)
MEDIAN SALE PRICE
$340,000
-2.4% QUARTER
CURRENT LISTINGS FOR SALE - INCLUDING LAND:
248
(287)
AVERAGE DAYS ON THE MARKET:
INVESTOR STATISTICS - 2015/16 FINANCIAL YEAR
SHANE BEAUMONT
INDUSTRY AVE (2017)
INDUSTRY AVE (2016)
19 DAYS
72 DAYS
86 DAYS
E
LAST QUARTER
shane@oneresidential.com.au
AVERAGE WEEKLY RENTAL RETURN
$320
($305) LAST QUARTER
/Shanebeaumontrealestate
AVERAGE DAYS ON RENTAL MARKET
51
(35) 2014/15 FY
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SHANE BEAUMONT SELLS GOSNELLS SOLD
SOLD
6 STEPHENSON ROAD SOLD
SOLD
6A HAROLD STREET SOLD
8 MAGPIE PLACE SOLD
SOLD
12 WARREN STREET SOLD
22A NORMAN STREET SOLD
P R O P ER TY M A N A G EM
35 HARRY STREET
S E N T IM E N T A N D O S E N T IM E N TA L IT YO w it h R ic h ar d Th u rt le
O
51 HOMESTEAD ROAD SOLD
LOT 3/ 20 CROFT STREET
EN TO
21 QUEEN STREET SOLD
SOLD
59 EVELYN STREET
7 WEBB STREET
4 ACOTT ROAD
While the rental market has done its share of flattening lately, we’ve also noticed the effect that sentiment and sentimentality are playing in the market. The sentiment of property managers amidst the sentimentality of property owners. Let me explain. While current indicators for the rental market are hardly brilliant, the way we respond to them as property managers has a significant impact on the results we achieve for our owners. Some owners have told me that other property managers they have talked with have been negative to the point of depressive. One takes the positive view. There are plenty of properties for rent and plenty of people renting them. Our job is to bring the energy, skill and experience to match properties with renters. The sentiment that we bring to the workplace and the market plays a part in the results that we achieve. Sentiment doesn’t change reality, but it certainly plays a part in its shaping. We intentionally encourage stories of the upside in the current market rather than validating negative sentiment. The flipside to this is the hint of sentimentality that we’ve observed amongst some owners in the market. Despite the facts of the current market, it doesn’t take a long memory to recall when the
SOLD
4/57 BERT STREET SOLD
47 EVELYN STREET SOLD
LOT 2/ 20 CROFT STREET SOLD
6 BARDFIELD WAY
market was humming. The rental income that may have been reliable before is suddenly subject to significant reductions. For those who missed the changes in the market or are clinging to sentimentality, this can lead to vacant properties. As sentiment and sentimentality do their work, there’s an even greater need for honesty and transparency. To tell an owner that the rent on their vacant property is too high, or that we might need to consider either an incentive to rent, can be a bitter pill. Ignore this reality, though, and the property may be vacant for even longer. Amidst the tension of sentiment and sentimentality, lies hard work, tenacity and transparency with our clients so they can realise the best result in a tough market. If you’re in the rental market right now then there is no doubt, there are some big wins to be enjoyed for tenants. For owners, though, it’s not a time to drop the bundle, but to lighten the load by adjusting sentiment to the current market and cutting your cloth accordingly. Most property managers can make hay while the sun shines brightly, but it’s the experienced ones who keep thriving when the clouds come.
Let us show you the One way to manage!
DARREN O’NEILL, PRINCIPAL, LUMEN CHRISTI COLLEGE
In the game, boots and all.
Lumen Christi College Principal, Darren O’Neill, has a career in education that spans nearly thirty years. No stranger to the area, one of his early stints was at Gosnells Senior High School (now Southern River College).
“The relationships we grow within each area of school life may be enhanced by structural developments, but they are one part of the bigger picture,” Darren said.
More recently, Darren spent ten years at CBC Fremantle following a post at Corpus Christi College that also filled a decade.
“We’re continuing to grow our student population through the strong growth we’re currently experiencing in school enrolments.
As Principal at Lumen Christi for the past five years, he has seen changes at the College and beyond.
“Our College is over thirty years old now and with this comes a maturity in the resources available — a Sports Centre, a Performing Arts Centre, and a Year 7 Transition Centre amongst them.
of a school, but people.
Looking forward, there’s plenty to be excited about at Lumen Christi.
“There have been significant changes in the areas that surround the school with property development and changing socio“The age of the College also brings with it demographics positively affecting the school’s the need to continually refresh and bring population,” Darren said. new life into some of the original spaces established at the College. “We’ve also noticed a higher number of younger families flowing into the area which “These improvements are almost constant at has been one of the factors causing the bump Lumen Christi,” said Darren. in enrolments at the college,” he added. There’s change within the classroom as well. There have been big changes within the “We’re proud of the diverse curriculum College as well. opportunities we’re able to offer as our “Some of the biggest changes we’ve seen are in students head into Years 11 and 12, whether the areas of student confidence and welfare. they have their sights on a particular We’ve invested a lot of resources into student ATAR score, or they are pursuing different wellbeing and have incorporated a positive vocational pathways,” Darren said. psychology model in the area of pastoral care. There’s no hesitation for Darren when it comes to declaring the area of his role about “The school has an enviable which he’s most passionate.
reputation in pastoral care, and our desire has been to continue to grow this,” Darren said.
“It’s people, no doubt,” he said. “Constantly dealing with staff, students, and parents is a significant and enjoyable part of my working life.
“We encounter these young lives at a highly malleable stage of life where pastoral care can “I’ve also chosen to continue to teach in the classroom as I enjoy that form of contact make a profound and formative impact with the students — it reminds me of why on students. We’re vigilant to steward that opportunity with each student,” Darren added. I was attracted to the profession in the first place,” said Darren. While there have been significant With his ‘boots and all’ approach, it’s not improvements to the campus environment difficult to see why Lumen Christi College is in recent times, Darren is quick to point out in great shape. It’s a school in good hands. that it’s not building that makes the culture
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