The Coast byStone
January2023
Welcome to the Illawarra.
AtStoneIllawarrait'sallabout you.Whetheryouarebuying, sellingorinvesting,takethe journeywithustoexperiencethe difference.
Welcomebacktoourfirstedition ofTheCoastfor2023,weare excitedtobeback.Inthisedition wehighlightthestartofanew year,whattoexpectintheyear aheadandsomefeelgood storieshappeningwithourStone family.
Good news with Stone.
Hello New Year
Hello2023andwelcomebackloyal Coastreaders.Weareexcitedtobe backandcannotwaittoseewhat 2023hasinstalled.Haveyouset your2023goals?Don'tstressifyou haven't,it'snevertolatetosetyour goalsandachievethem.Ourgoal thisyearistocontinuallydeliverthe bestservicetoourclientsand betterourselveseachand everyday.
Community Spirit
School is back
Wearebackin2023withlocal communityinvolvement.The AustraliaDayAquathonwasan incredibledayofcommunity spirit,teamworkandfuninthe scorchinghotweather. CongratulationstoEmma,Greg, Hayley,Jamie,SarahandDan whoparticipatedandmadeus proud.
Thekidsmightnotbesoexcited butwesureknowtheparents are.Schoolreturnswhich meansschoolzonesarein force.Besafeontheroadsand bestoflucktothekidsreturning andthelittlekiddiesstarting kindergarten.
Property Spotlight
MichaelSchlegel
0418627220
RaffaeleDiCandia
0451552861
4 2 2
Inapicture-perfectsettingframedbyleafy outlooksandbigescarpmentviews,thisstunning familyhomeexceedsallexpectations.Listedby agentsMichaelSchlegelandRaffaeleDiCandia thehomeissetforauctionSaturday18thFebruary andhashadhighinterestsincehittingthemarket. ThepropertywasoneofStoneIllawarra'smost viewedpropertyonlineonrealestate.com.auinit's firstweekandhadlargeopenhomenumbers.We lookforwardtoseeingasuccessfulsale.
12SpringfieldAvenue Figtree
month? SalesStats 24 NewListings 17 SoldProperties 712 OFIAttendees PropertyManagementStats 18 Properties Leased 14 New Managements 321 Applications Processed
How did we perform this
Property management highlights.
General Update
Wearebackandreadyin2023,butis themarketready?Itdefinitelyis, averagedaysonmarketforJanuary atStonerecordedat15dayswhichis fantastic.Therentalmarketis travellingstrongwithproperties leasingfastandachievingresults aboveaskingprice.Themarketshould holdquitewellthroughout2023which willenticeinvestorsbacktothe market.
Good News
Wearekickingoftheyearwithsome heartwarmingwonderfulnewsinour PMdepartment.Firstlywementioned lastyearthatLaurenMellorwas gettingreadyformaternityleaveand thisyearwehaveanewadditionto theStonefamily.Congratulationsto Laurenonthebirthofherbabyboy HeneryGraysonMartinweareexcited tomeethim.Weddingbellsareonthe horizon,congratulationstoJessica BoydeandherpartnerSamontheir engagement.Theteamwishyouall thebestinthisnextchapterofyour life.
Superblyappointedthisluxurytwobedroom apartmentsoffersstunningfinishesand unmistakablestyle Largeinteriorsfeaturingopen spacesfusingindoor/outdoorlivingandbalcony perfectforbeach-sideliving.Thiswonderful apartmentwaslistedandleasedwithinthesame weekwithonlyatwodayvacancy.Thisisamazing workbytheleasingteamsecuringatenantso quicklyfortheirlandlord.
Property Spotlight
12/11-15PleasantAvenue NorthWollongong
2 2 2
ChloeGee 42281622
SusieBampton 42281622
What we have seen and what to expect
Wedon'talwayshaveacrystalballto lookthroughandsaythiswillbe certainasnothingiscertain.However ifwecangooffthelasttwoyearsitis safetosaytherealestatemarketwill haveit'supswingsandits downswings.Importantfactorsto considerandlookatiswhereisthe demandandwhatisdrivingthe demand.
Youhavethechoicetolookatthe glassashalfemptyorhalffull.Buying yourfirsthomeoraddingtoyour investmentportfolioisn'tanimpulse buyitissomethingindividuals carefullyconsiderovertime.Yesthe propertymarkethassloweddownbut theshockofmarketdownturnand soaringinterestrateriseshaswornoff andbuyersandsellersareadaptingto thecurrentmarketconditions.
Real Estate Market Update 2023.
Trends
Thesearethethingswepredict wewillseein2023.Amajor trendwearelikelytoseein2023 isthereturnofinvestorstothe market.Unlikebuyingahome tolivein,investorslookfor opportunitiesinthemarketas theirsituationisdifferent.
Currentlyvacancyratesarelow andrentsarehighwhichmeans lesscompetitionforinvestors.
Anenticingtimeforinvestorsas rentalyieldsrisetheyhavethe opportunitytobenefitfromboth highrentalincomeandcapital gains.
told eve everythingyougettoldorsee. Themediahadahugeimpact ontherealestatemarketover thelasttwoyearsandother predictorssayingthemarket woulddieout.AtStonethe marketmayhaveslowedbutit isfarfromdead.Ourfirstweek ofopensinJanuarysawthe highestattendeenumbersfor quitesometimeandproperties pricedcorrectly,marketed correctlyreceivingoffersor evensellinginthefirstweekof hittingthemarket.
Star of the month.
DarnellHaselauisourstarofthemonth forJanuary Darnellisproviding outstandingresultsandserviceinhisnew roleassalesassociateandconsistently givinghisclientsandteammates110%. CongratulationsDarnell.
Behind the scenes with your Stone family.
Webringyousomethingalittledifferentthisyear,bydayweare agents,propertymanagersandadministrationsupportbut outsideofworkwearehumanjustlikeyou.Inbehindthescenes withyourStonefamilywegiveyoualittleinsightofwhat's happeninginourlivesoutsidetheoffice.
Wedealwithpropertyeverydaysonaturallywearegoingto enjoyourownrenovations.Caitlininourpropertymanagement teamiscurrentlyundergoingarenovationandhassharedsome wonderfulphotosofhowitiscomingalong.Someoftheworkshe hasdoneisfreshlypaintedthroughout,updatedlightingandnew blinds.Caitlinhasmentionedalthoughithasbeenstressfulthe finishedproductisallworthit.
YensonandhislovelywifeTiffanyarealsostartingrenovationsat theirhome.Itissomethingtheyhavebeenlookingforwardtofor awhileandwecan'twaituntilweseethenewrenos.
RenoRumble
M th
AngelaBolton SalesExecutive AylaPaull AssistantAgent BarbaraCooper SalesExecutive
rumpton
ecutive
Haselau Agent iacentin
HayleyBloom ExecutiveAssistant toNeilWebster JamiePereira SalesAssociate toSarahWard
oeGee antAgent CassandraBoland AssistantAgent
eyRyman nalAssistant toSarahWard
BenjaminSayers AssociateAgent toSarahWard
JanePearson PropertyManager
DeanneBannerman OperationsManager
CaitlinBarker PropertyManager
GregCrumpton SalesExecutive
KylieDavis PropertyManager Accounts
LarissaR AssistantA Matth Sal Pa
MichaelSchlegel Director/Licensee
Victoria Marketin WhitneyEconomos PropertyManager
NeilWebster SalesExecutive PaulP Directo
YensonMui SalesExecutive
Raffaele Assista
RebeccaCarlson Finance
Buying, selling or investing? Let's talk.
Get in touch.
Address Shop2,98-100CrownStreet,Wollongong
Phone 0242281622
Email illawarra@stonerealestate.com.au
Website www.stonerealestate.com.au/stone-illawarra/
Facebook facebook.com/stonerealestateillawarra/
Instagram @stonerealestateillawarra