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Viking Realty

Weekly News

Property Sales & Property Management

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The waiting game: Why it pays to rent cheap while you save up to buy your next property to lower your borrowings as much as possible. Remember that while your plan might be to rent temporarily – for six months or a year – it may end up being years before you find the right property to buy so it could end up costing you a lot more than you originally budget for.

32 Brooks Parade, Belmont NSW 2280 Viking Realty is a family owned and operated business in the heart of Lake Macquarie. We have old fashioned values and pride ourselves on our communication, quality of marketing, ethics, integrity and results. We cater from luxury waterfront executive homes to land sales, commercial sales, developments, acreages and entry level properties. A large portion of our work is referral based which speaks volumes about our team. Viking Realty... Where ”Service Is King"

Within the constraints of market affordability, you should aim to spend as little as possible on rent. Don’t get me wrong, I’m not telling you to rent a hovel for peanuts – although doing so would probably work out well financially – but to find a relatively cheap property that, while comfortable, won’t cost you a fortune. While you might see this temporary period of renting as your opportunity to live in a property or location you could probably never afford if you were buying, if you splurge on a rental, at the end of the day you may not be able to afford to buy any property at all. Why? Let’s take a look at some figures that might illustrate the point a little better. If you take on a lease for a house at $800 a week, you’ll be paying nearly $42,000 a year in rent. Compare that with paying $500 a week – or $26,000 a year. That $16,000 difference is nothing to sneeze at. It will be a big contribution to your next home, saving you $93 in interest a month at a 5 per cent rate. At $500 a week, you’ll be spending a significant amount on rent, and every extra dollar you spend unnecessarily will be the equivalent of throwing money away for the sake of a little extra luxury. It will be eating into any cash you have and diminishing the capital gain you likely made from selling your house.

And if you rent a really flash pad, you’ll probably find that “right” property will become even more elusive as your expectations will be higher – that is, you will have grown accustomed to a certain lifestyle and will be reluctant to give it up to live in something more modest. You could then choose to be a rentvestor, renting where you want to live and buying an investment property, but if you want to own your own home my advice would be to find something comfortable to rent, and no more than that. That’s all you really need. That might involve downsizing and living in an apartment or moving to a more affordable location.

Remember this isn’t your forever home, it’s only temporary, and renting something more modest will also give you the impetus to get out there and find a property to buy that you really want to live in.

If you do downsize when you rent, make sure you factor in any potential costs for storing furniture you can’t fit in your rented home, which can be upwards of $100 a month, or if you rent a house you could store it underneath if possible. If you have a pet or children, downsizing might be a little more tricky; you’ll probably need a bigger home for the latter and a fenced backyard for the former, especially if you have a dog. Apart from renting something small and cheap, if you want to save money before buying again, you could also consider living in a share house or house-sitting. Article source: https://www.domain.com.au/advice/

If your goal is to buy again it just makes sense to rent something more affordable so you can instead put your dollars towards

Louise Vico Managing Director/Agent

M: 0407 706 123

t: 02 4945 0335 | a: 32 Brooks Parade, Belmont NSW 2280 e: enquiries@vikingrealty.com.au

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New

10 Eagles Nest Close Belmont North $1.7MIL - $1.85MIL 4

3

3

1.068ha

Prestige 2.6 Acre Retreat

Spacious and remarkably private, this picture perfect acreage has been crafted by a builder for a wonderful family lifestyle securing an exceptional 1.068ha position within Belmont North’s tightly held precinct. A charming and tranquil home set within a natural bushland lifestyle setting you are surrounded by an abundance of native flora and fauna with filtered views out to Redhead Bluff and the ocean. This unique offering will leave you captivated from the moment you enter the grounds and offers the perfect setting for executive and growing families seeking a private residence within close proximity to lifestyle amenities and experiences. Surrounded by other acreages and located within minutes to schools, bus stop, beaches, parks, shops, cafes, restaurants, Belmont CBD, and nearby access to the Highway straight to Newcastle CBD or Sydney, Charlestown Square Shopping, Lake Foreshore and so much more. This exceptional home is a must see.

Inspect: Saturday, 4th November 10:30am - 11:30am & Sunday, 5th November 10:30am - 11:30am

32 The Shores Way, Belmont $1.8MIL - $1.95MIL 5

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4

1951m2

Unrivalled Lilly Pilly Manor

Entering the tranquil and landscaped grounds of this unique French provincial styled residence, you will be in awe of the space, style and design that has gone into this exquisitely created masterpiece. From the high ceilings to the ornate cornices and ceiling rose embellishments complemented by light filled interiors, every aspect of this home has been carefully selected to enhance stylish, opulent and versatile living. Formal and informal living and dining options plus an additional rumpus upstairs. Backing onto Green Point reserve offers you the ultimate in privacy with no neighbours on 2 sides of your home. Embrace a new way of living where you can enjoy a peaceful and tranquil lifestyle within minutes to Green Point Reserve, waterfront, bike paths, kayaking, fishing, restaurants, cafes, schools, parks, beaches and so much more, this hidden secret won’t remain hidden for very long!

Inspect: Saturday, 4th November 3:30pm - 4:15pm

t: 02 4945 0335 | a: 32 Brooks Parade, Belmont NSW 2280 | e: enquiries@vikingrealty.com.au

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29 Boyd Street Swansea $1.5MIL - $1.65MIL 5

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1222m2

Executive Waterfront Reserve Living!

11 Kerle Street Redhead $1.35MIL - $1.425MIL 5

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7

697m2

Dual Street Access & Dual Occupancy – A Rare Find!

Designed with style and sophistication in mind and idyllically positioned on the lake’s edge, this spacious dual level home sits on a generous individual title of 1,222m2 block. * Multiple living areas spread over two levels including formal and informal living and dining options. * Kitchen at the rear of the home adjoining living and meals area 5 well-proportioned bedrooms or 4 + study. All bedrooms with built-in robes and ducted air conditioning with the substantial master retreat offering ceiling fan, dressing room, ensuite with spa bath and private balcony taking in stunning water views. Whilst outdoor living boasts a generous covered entertainment area, complete with salt-water pool, this home still clearly qualifies in the popular low maintenance category with the added convenience of a reserve at the rear of the home for an extended backyard in which you don’t need to maintain.

Inspect: Saturday, 4th November 12:15pm - 1:00pm

Perched at the top of Redhead Bluff in a quiet street, this one-of-a-kind brick residence presents an incredible opportunity not often seen. The options are only limited by your imagination. Offering a main residence plus a fully self-contained and council-approved granny flat with separate metres ready to go. Owner occupier could lease out the front home whilst using the back for their own holiday accommodation or vice versa or use one as a home office or if you have extended family or teenage/adult children it would provide excellent separation with the convenience of having their own entries. Set within a blue-ribbon and highly sought after pocket of Redhead, you can enjoy the relaxed beachside lifestyle and feel like you are living a holiday each and every day.

t: 02 4945 0335 | a: 32 Brooks Parade, Belmont NSW 2280 | e: enquiries@vikingrealty.com.au

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6A Matelot Place Belmont $470,000 - $495,000 3

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Location, Layout & Lifestyle!

Idyllically suited to downsizers, retirees, first home buyers or investors, this single level villa offers open plan and low-maintenance living within a central and convenient location. * Combined living, dining and kitchen with tiled flooring * Living room with Daikin split system air conditioner & adjoining the rear entertaining area via glass sliding doors * 3 carpeted bedrooms all with built-in robes * Main bathroom with shower, bath and separate toilet * Rear covered and private entertaining area * Fully fenced and landscaped yard with clothesline Set within an extremely convenient location within walking distance to bus stop, Belmont Hospital and just minute away from Green Point Reserve, local schools, shops, parks, lake’s edge, cafes, and restaurants.

Inspect: Saturday, 4th November 9:30am - 10:00am

13/78 Brighton Ave Toronto $490,000 - $530,000 3

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North Facing Apartment with Fabulous Lake Views!

Boasting a spacious and versatile floorplan, this apartment will ideally suit investors, first home buyers or downsizers searching for a convenient lakeside lifestyle. • Centrally located kitchen adjacent to living area • Open plan living, dining and study area • 2 good size bedrooms, main with walk in robe & ensuite • Entertainers balcony taking in stunning lake views • Lock up garage plus carport Walk to the Lake’s edge, Toronto Library, shops, cafes, restaurants, Toronto Foreshore Playground, multiple parks, Toronto Amateur Sailing Club, Toronto Town Square and much more.

t: 02 4945 0335 | a: 32 Brooks Parade, Belmont NSW 2280 | e: enquiries@vikingrealty.com.au

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12 Village Bay Close Marks Point $1.15Mil - $1.25MIL 4+

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462m2

North Facing Lakeside Entertainer

28 Crown Street Belmont $1.05mil - $1.125mil 5

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632m2

Unbelievable Family Offering with Stunning Lake & Ocean Views!

Discreet and private from the exterior, this masterfully renovated home is so much more than meets the eye. With four bedrooms plus study, multiple living and generous entertaining areas, the property has been cleverly designed to maximise space and liveability, in a stylish, sophisticated and timeless setting within metres from the lake’s edge. Downstairs offers a tiled living area overlooking the rear deck and entertaining. Upstairs you will find the open plan kitchen living and dining - this expansive and welcoming room is a superb use of space and features beautiful blue gum timber floors and high ceilings overlooking the lake and entertainer’s balcony. One of the best entertaining areas available featuring large salt water pool, 7 seater chlorinated spa, built-in kitchen with bbq, fridges, industrial tapware, sand pit, fish pond and undercover clothes line. Enjoy holiday-style living day in and day out within a relaxed and tranquil locale.

Inspect: Saturday, 4th November 1:15pm - 2:00pm

Boasting a spacious and versatile floorplan complemented by high ceilings and light-filled interiors, this fabulous home boasts spectacular lake & ocean views and offers a low-maintenance and family friendly lifestyle that will be enjoyed for many years to come. • Multiple living areas set over 2 levels • 5 good size bedrooms with ceiling fans and robes • Entertainers balcony overlooking the lake • Automatic gate, ample storage options including attic, NBN connected • Fully fenced yard with space for a tinny at the rear, off street parking and salt water inground pool.

Inspect: Saturday, 4th November 2:30pm - 3:15pm

t: 02 4945 0335 | a: 32 Brooks Parade, Belmont NSW 2280 | e: enquiries@vikingrealty.com.au

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Sold

151 Marks Point Rd, Marks Point $1,750,000 4

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2

843m2

Iconic ‘Selby Cottage’

A treasured family holding for the past 34 years, the opportunity now exists to secure one of Lake Macquarie’s most Iconic and incredibly unique residences. This character filled home is accompanied by a timelessly elegant 1900s cottage capturing magical uninterrupted 180 degree northerly lake views. The versatility of this entire package will offer buyers the opportunity to use as your own weekend getaway, family home, investment or continue to run Selby Cottage as the award winning and highly sought after accommodation venue that it is. Imagine a life where time is measured by the ebb and flow of the tide, where traffic consists of racing yachts under full sail and where a morning walk is taken through the garden path down to the water’s edge to simply relax and enjoy the peace and tranquillity. Inspection by Appointment Only.

Sold

27 Sanctuary Grove, Tingira Heights $1.61MIL - $1.66MIL 5+

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1.37ha

Your very own piece of acreage paradise!

Very rarely are we able to present such a rare and stunningly unique home such as this warm and inviting family home set on 1.37ha of land. Set within a prestigious and tightly held enclave of Tingira Heights you could be fooled for thinking you have stumbled into your own country haven within the city limits. The free flowing and open floor plan flows seamlessly throughout complemented by warm timber, neutral tones and high raked ceilings to create a feeling of space, comfort and natural light. Multiple living areas will cater to the modern day family and allow for separate entertaining for everyone to enjoy. The expansive and modern gourmet kitchen has an array of stunning features. 5 good size bedrooms plus study. 3 bathrooms, 4 toilets.

t: 02 4945 0335 | a: 32 Brooks Parade, Belmont NSW 2280 | e: enquiries@vikingrealty.com.au

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Selling in January? We will be. While most agents are on holidays, we will be here to take advantage of buyers who are also on holidays and are considering making a move. It’s simple. Give us a call to find out why January could be one of the best times of year to sell your home or investment property.

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Trust your home with Belmont’s most recommended Agent and Agency. See for yourself at ratemyagent.com.au

Louise Vico Managing Director/Agent

M: 0407 706 123 E: louise@vikingrealty.com.au W: www.vikingrealty.com.au

Did you know? It is impossible to lick your elbow (busted)

More than 50% of the people in the world have never made or received a telephone call.

A duck’s quack doesn’t echo, and no one knows why.

Sloths take two weeks to digest their food.

Leonardo Da Vinci invented scissors.

8 Park Royal Drive, Floraville t: 02 4945 0335 | a: 32 Brooks Parade, Belmont NSW 2280 | e: enquiries@vikingrealty.com.au

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PROPERTY MANAGEMENT

LEASED $450/week

10 Corwen Close, Cardiff South

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2

1

715m2

Spacious 3 Bedroom Home With Yard

Situated at the end of a cul-de-sac, this immaculately presented home will provide a convenient and family-friendly lifestyle boasting: * Ducted air conditioning * Low maintenance floating bamboo flooring * Open plan living and dining * Kitchen with dishwasher, ceramic cooktop, rangehood and appliance cupboard * 3 generous carpeted bedrooms, 2 with mirrored robes * 2 bathrooms – 1 with bath, shower and toilet and the other with a shower and toilet. * Adjoining the kitchen is access to a deck with leafy views

LEASED $855/week

8 Corymbia Street, Croudace Bay

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2

900m2

Majestic Executive with Private Tropical Paradise

This majestic, established executive home available on a long term lease, suitable for both family and professionals. With its multiple living areas and fabulous entertaining/pool area, low maintenance yard and gardens. Comprising 4 well proportioned bedrooms, the main with large en-suite. Also an additional bathroom, powder room and toilet. Built in robes and plenty of storage. Beautifully appointed Caesar stone kitchen opening out onto the back entertaining area, leading up to the saltwater pool and cabana. Your own private tropical paradise.

Looking for a second opinion for your rental or in search of a good property manager? Check out just a few points of what sets us apart from the rest. Direct mobile number to reach your Property Manager.

Talk to a real person when you need to and who will actually return your phone calls.

Low turnover of Property Managers.

There is nothing worse than having to re-explain your property and needs to a new Property Manager every few months. We take care of our staff and they in turn, take care of you. Simple.

A lot of tenants don’t work weekends which is why we do.

We understand the importance of weekend or after hours inspections to get you the best tenant possible. The material in this newsletter is not and should not be regarded as legal or financial advice. Users should seek their own legal, financial or real estate advice where appropriate. Every effort is made to ensure that the material is accurate and up to date. However, we do not guarantee or warrant the accuracy, completeness, or currency of the information provided.

T: 02 4945 0335 | F: 02 4945 9035 | E: natalie@vikingrealty.com.au A: 32 Brooks Parade, Belmont NSW 2280

www.vikingrealty.com.au

Natalie Carthew Property Manager M: 0409 587 883

Viking Realty Weekly News  
Viking Realty Weekly News  

Edition 41

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