tuggeranong market review | december '14

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Tuggeranong Market Review (02) 6296 7077 | peterblackshaw.com.au Proudly supporting the Tuggeranong Community Tuggeranong Arts presents ‘Little Day Out’

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Tuggeranong Market Review(02) 6296 7077 | peterblackshaw.com.au

Proudly supporting the Tuggeranong Community

Tuggeranong Arts presents ‘Little Day Out’

CASE STUDY

AGENTKate Shaw | 0409 743 332

DAYS ON MARKET Negotiated sale after 2 days

HOME FEATURESDistinctive home privately positioned and enjoying a northerly orientation. With an inviting combination of charm, character and unique design. A newly designed kitchen displayed a clever use of timber and is the perfect hub for family life. The main bedroom is light filled and includes walk in robe, ensuite, plus sliding doors open out to the north facing terrace just perfect for that morning coffee in the sun.

BUYERLocal ACT buyer keen to secure a home in the popular leafy suburb of Kambah.

MARKETING CAMPAIGNProfessional photographyPremium website packageProfessionally produced ‘Just listed’ neighbourhood alertPlanned exhibitions were to include mid week, weekend open houses and private inspections by appointment.

9 McCullock Place,Kambah SOLD $475,000

MONTHLYSALESSNAPSHOT

DECEMBER ‘14Properties currently listed (as of 16th Nov ‘14) up 10.65% 457

Properties sold 207% 209

Total value of sales $62,133,318

Tuggeranong Record (Kambah) $1,295,000

Average sale price $550,702

Median sale price $505,000

Highest sale price (Kambah) $1,045,000

Lowest sale price (Gordon) $325,000

Days on market (Tuggeranong Region Average) dwn 28% 56

% of homes reaching agreement 21.3%

Source PBRE research & allhomes.com.au. Reported dates 16th Oct to 15th Nov ‘14

Volume sold by month (2014)

Welcome to our SaleS team | rick DickSon

It is a joy to welcome established Tuggeranong agent Rick Dickson to the Peter Blackshaw Tuggeranong sales team.

Rick is a licensed real estate agent in both the ACT & NSW with over 13 years of experience in the Canberra market and a lifetime connection to the Tuggeranong Valley. With his first-rate local knowledge, Rick is an invaluable asset to his clients.

[email protected] | 0419 208 353

RENTAL CASE STUDY

LEASING CONSULTANTHeidi Russell | Leasing Co-ordinator(02) 6296 [email protected]

DAYS ON MARKET Rented within 6 days

CONFIGURATION3 Bed | 1 Bath 2 Garage

MARKETING CAMPAIGNProfessional photographyPremium internet package

RESULTThis well maintained family home located in the conveniently placed suburb of Wanniassa, rented quickly to a local tenant.

54 Holden Crescent,Wanniassa Rented $420 p/w

MONTHLYRENTALSNAPSHOT

Properties available (Tuggeranong Region as of 16th Nov ‘14) 267

Properties rented (Tuggeranong Region) 151

Lowest rental price (Wanniassa) $240p/w

Highest rental price (Banks) $680p/w

Average rental price $404p/w

Median rental price $390p/w

Average days till rented (Region average) 36

Source PBRE Research, ABS & allhomes.com.au. Date range 16th Oct to 15th Nov ‘14

2 8 5 6 1  

6  

24  

13  6  

8  2  

11  

25  

15  

10  

8  

$240-299 p/w

$300-349 p/w

$350-499 p/w

$400-449 p/w

$450-499 p/w

$500+ p/w

What’s Renting by price point? (Volume)

Rented after 30 days +

Rented within 15-30 days

Rented within 15 days

Heidi Russell Property Management [email protected]

Acton Park

HEALTHY MARKET CONDITIONSMERRY CHRISTMAS

Robert PeakerPrincipal | Peter Blackshaw [email protected] Agent Canberra South Real Estate Pty Ltd ABN 53 106 779 506

02 6296 7077 | peterblackshaw.com.au

The peak Spring selling season has certainly provided reasons for both buyers and sellers to be excited. From a buyer’s perspective, there is an increased number of sales listings in all areas. Across the Canberra & Queanbeyan region sales listings are currently just short of 3,000. Sellers have also been buoyed by increased attendances at open homes and higher bidder registrations at auctions.

Most encouraging and a very positive sign of buyer confidence, despite the increase in stock levels we are able to report that over 20% of our available listings are under offer pending exchange of contracts. Key factors contributing to the increased buyer confidence appear to be low interest rates, improved Government sector confidence and demand due to seasonal population movements. There is also the traditional rush of buyers wanting to be settled in their new homes by Christmas resulting in lower days on market.

There is particular demand for mid-range family homes and entry level properties. Low interest rates are providing an excellent inducements for buyers to enter the market. Some excellent individual results have been achieved showing that quality marketing by a full service agency can yield excellent results for vendor clients. With increased confidence and stable market conditions there is an excellent opportunity for people wanting to make a move in 2015 to act now.

tuggeranong artS

PreSentS

LittLe Day Out

thursDay

11th Dec 10 - 1pm

Proudly supported by: Peter Blackshaw Tuggeranong & sales agents Ben Hoitink and Rick Dickson

(02) 6293 1443

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 Mc-Donald 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 possi-ble. 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?

OUR COMMUNITYIN PICTURES

Melbourne Cup Day

Calwell Primary School Fete

Elementz Rhythmic

Gymnastics

Proudly supported by Peter Blackshaw Tuggeranong

Sat 13th December 5-7pmActive Leisure Centre, Erindale

All WelcomeEntry by Gold coin donation

End of year Concert

Calwell St Francis of Assisi Fete

Little Day Out

Gordon Covenant Christian School Fair

INVESTMENTSPOTLIGHT

“...Strike gold in the city”

AGENTBrian McPherson | 04101 354 540

CURRENT ASKING PRICE$475,000+

FEATURESPerfect, quiet and peaceful and only a short walk to everything inner city living offers, including easy access to Commonwealth Park and The Lake with beautiful walks and bike paths. In fact even walk to work if you wish.

A new stylish lifestyle waits in this chic loft apartment architect designed for light and living. Exceptional eye appeal with full length glass to a private patio, and styled to please with generous open spaces.

The quality and elegance is complimented by two generous bedrooms, an en-suite, a separate bathroom and a stunning kitchen with granite on the bench-tops and quality appliances.

CURRENT OCCUPANCYVacant

POTENTIAL RETURN$420-$450 per week

98/66 Allara Street,City

“...Strike gold in the city” IDEALINVESTMENTOPPORTUNITIES

30/35 Chandler St, Belconnen 49 Outtrim Ave, Calwell

409/107 Canberra Ave, Griffith11/21 Tennison Woods Cirt, Bonython

Current asking price: $439,000+

Currently rented for:$390 p/w

Lease expires:December 2014

Listing Agent:Samantha Hague | 0431 846 866

Current asking price: $465,000+

Currently rented for:$440 p/w

Lease expires:January 2015

Listing Agent:Robert Peaker | 0412 726 025

Current asking price: $485,000+

Currently Vacant

Listing Agent:Rick Dickson | 0419 208 353

Current asking price: $320,000+

Currently rented for:$335 p/w

Lease expires:12th December 2014

Listing Agent:Robert Peaker | 0412 726 025

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 supe-rior 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