Proudly supporting the Tuggeranong CommunityStyled & Sold | 31 Bottrill Street, Bonython

(02) 6296 7077 | peterblackshaw.com.au

Tuggeranong Market Review

April 2015

Contents April ‘15Page Contents

1. Welcome | Market & Team

2. Case Study (Sold)

3. Sales Snapshot

4. Case Study (Rented)

5. Rental Snapshot

6. Styled to Sell

7. Case Study (Styled)

8. Our Community

9. Our Partners

Amy PeakerBusiness Manager | Directorapeaker@peterblackshawtuggeranong.com.auLic Agent Canberra South Real Estate Pty Ltd ABN 53 106 779 506

Welcome to the April edition.

Tuggeranong has performed well this month, with some fantastic results being reported. The regional days on market is significantly lower this month from last, falling over 18%. Given the increased number of purchasers we are seeing on a Saturday through our open homes, this is no surprise. I am so proud of our sales team this month, clocking more sales across the region than any of our competitors.

Team News

Our month has consisted of some really positive changes across the Tuggeranong office, with both new services being offered to clients and positive improvements being made to some existing ones. We welcome experienced Property Managers Rebecca Amon and Amber Jarvis and Oscar Wright to our team, as well as Jessica Paulitsch in administration support. I’m sure many of our existing clients have had the pleasure of speaking with them already.

Heidi Russell will now be overseeing the Property Management division holistically as Director of Property Management, handing over the operational reigns to long term team member and Senior Property Manager Danielle Freeman in her new role as Property Management Co-Ordinator. Heidi’s role will be focused on business & staff development, engaging in ongoing training, development and growth of the property management division. Rest assured, Heidi will still be here for any client if needed and will be more than happy to provide any assistance required.

WELCOME NOTEAPRIL ‘15

1.

21 Wittunga Crescent Conder SOLD $720,000

AGENTRobert Peaker | 0412 726 025

SALE NEGOTIATED Sold after 7 days

BUYER INSPECTIONS20

BUYERInterstate purchaser relocating back to Canberra

MARKETING CAMPAIGNFront page with feature ‘Tuggeranong Market Review’ (this publication)Allhomes Property of the Week (allhomes)Standard Photo SignboardPremium website marketingHalf page Canberra WeeklyVIP purchaser alert through current contacts

RESULTThe combination of a strong price, and prompt exchange of contracts helped achieved the owners goals and met their personal requirements

HOME FEATURESFamily home, stunning views, 5 bedrooms and 3 bathrooms

CASE STUDYJUST SOLD

2.

MONTHLYSALESSNAPSHOT

April ‘15

Source PBRE research & allhomes.com.au. Reported dates 16th Feb to 15th Mar ‘15

Properties currently listed (as of 16th Mar ‘15) 422

Properties sold 125

Total value of sales $61,736,850

Tuggeranong Record (Kambah) $1,295,000

Average sale price $493,894

Median sale price $456,250

Highest sale price (Kambah) $975,000

Lowest sale price (Calwell) $291,000

Days on market (Tuggeranong Region Average) 67

% of homes reaching agreement 21.65%

If you are an pensioner looking to sell your home to purchase more suitable accommodation, you may be eligible for concessional duty of only $20! This is great

news for those looking to downsize.

For full eligibility criteria visit the ACT Revenue Office website, or contact your agent for more information.

St Anthony’sPrimary School

Wanniassa

FeteSat 16th May

10am-2pm

St Anthony’sPrimary School

Wanniassa

FeteSat 16th May

10am-2pmProudly Supported by Peter Blackshaw Tuggeranong

$20 stamp duty. Really?

DiD you know..?

CASE STUDYJUST RENTED

LEASED BYRachel Tynan | Leasing Consultant

DAYS ON MARKET Rented within 15 days

CONFIGURATION2 Bed | 1 Bath 1 Garage

MARKETING CAMPAIGNProfessional photosPremium Marketing Package

RESULTRented quickly to great tenants, for full rental price on a 12 month lease.

15/57 Newman Morris Circuit,Oxley Rented $350 p/w

4.

MONTHLYRENTALSNAPSHOT

Properties available (Tuggeranong Region as of 16th Mar ‘15) 189

Properties rented (Tuggeranong Region) 130

Lowest rental price (Bonython) $310p/w

Highest rental price (Kambah) $650p/w

Average rental price $421p/w

Median rental price $400p/w

Average days till rented (Region average) 32

Source PBRE Research, ABS & allhomes.com.au. Date range 16th Feb to 15th Mar ‘15

Team Performance SnaPShoT

Total registeredtenants (up 14%)

3277

Vacancy Rate

Regional Average

32Our Team

DAYS ON MARKET

19

Enquires (up 13%)

490 2%

3 3

7  

21   20  

12  

4  

4  

17  11  

8  

4  

$240-299 p/w $300-349 p/w $350-399 p/w $400-449 p/w $450-499 p/w $500-549 p/w $550-599 p/w $600+ p/w

WhaT’S renTing ThiS monTh?

Rented after 30 days +

Rented within 10-30 days

Rented within 10 days

Heidi Russell Director of Property Management

hrussell@peterblackshawtuggeranong.com.au | (02) 6296 5595

STYLED TO SELLBY REBECCA BISA

Welcome to the April segment of ‘styled to sell’, in our local Market Review. Find following, an example of how my role can assist in achieving a prompt and successful result on your sale.

The Role

My position at Peter Blackshaw Tuggeranong evolved from a lack of hands on assistance available for those needing practical help and direction to present their home to the marketplace.

By utilising tools you may not even realise you have, I can provide you with additional cost effective ideas in all areas of styling, organisation, and placement of existing home furnishings and ornamentals.

Most vendors intending on presenting a home to the market may appreciate how an alternate, and completely neutral opinion could dramatically effect how a purchaser could either count or discount a home at a first viewing.

If you would like some help, please contact me.

Rebecca Bisa

A Complimentary Service

6.

CASE STUDYSTYLED & SOLD

31 Bottrill Street Bonython SOLD $500,000

AGENTBrian McPherson | 0401 354 540

SALE NEGOTIATED Sold after only 12 days

“Thank you for bringing Rebecca into the mix of our redevelopment process. Her knowledge of colour, of the ‘renovation’ processes & its supporting industry & her

clear practical thinking was a huge bonus to us”

- Vendor

3 21

SELLING AGENT

7.

At Peter Blackshaw Real Estate Tuggeranong we consider being involved with the local community an important way of showing support for the Tuggeranong area and its residents. Over the past 10 years we have proudly been involved with a number of community events, charitable organisations, schools, sporting teams, mothers programs and businesses, such as the RSPCA, St Vincent De Paul, Ronald McDonald House Charities, Cancer Council Australia and Variety: The Childrens Charity. We enjoy taking a hands-on approach to all aspects of our sponsorship by having our staff be involved in all events where possible. We invest our time, resources and expertise to ensure everyone is pleased with the final outcome.

OUR COMMUNITYWE WANT TOBE INVOLVED

Amy PeakerBusiness Manager | (02) 6296 7077

What we could provide to you

• Auctioneer services• Marquee• Volunteers• Promotional Signage• Graphic Design & Photography services• Facebook and website promotion

Saturday 24th August2:00pm

Collectables, jewellery, toys, English China, furniture & much more!

24th Birthday SaleAuction

Everyone welcome!

Vinnies TuggeranongCorner of Athlon Drive &

Pitman St, Greenway(02) 6234 7300

Tuggeranong

This event is proudly supported by our Tuggeranong office (02) 6296 7077

If you are interested in having us sponsor your event please contact:

Are you seeking assistance with a Tuggeranong community event?

8.

OUR PARTNERSTUGGERANONG UNITED FOOTBALL CLUB Football Club

Est. 1976

On February 25th, Peter Blackshaw Real Estate Tuggeranong committed to a further 2-season major partnership with Tuggeranong United Football Club. We first paired with club during the FFA Cup campaign, and we are excited to continue that relationship.

“Mirroring our teams values & approach to success, Tuggeranong United Football Club made our choice for support easy. This is a club which accomplishes a lot of good within our local Tuggeranong Community & we are proud to be a part of that.”

Registrations are now open, so if you are a local or have kids who would love to play visit www.tufc.org.au.

Robert PeakerPrincipal | Director

9.

MINIMUM TIMEMAXIMUM PRICE

Our intimate understanding of local needs and trends continues to place us as the most well informed local agency in Canberra.

Our expert market knowledge means a superior service experience for our vendors and purchasers.

Proud of our reputation as a dynamic, innovative and family orientated group, our team is constantly looking for new ways to exceed expectations.

02 6296 7077 | peterblackshaw.com.au