cy magazine - issue 42

Endless City Skyline

PERTH’S BEST PROPERTIES FOR SALE OR LEASE 7 NOVEMBER 2015 | ISSUE 42

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GET INSIDE 85,000 HOMESPut your property in the hands of 85,000 potential purchasers by

advertising in CY Magazine. Contact Caporn Young to find out more.

www.capornyoung.com.au | 08 9385 5559 | /capornyoung

Incredible views across the river, and with Kings Park at your doorstep, this rare and private

oasis puts you right in the heart of the city.

We’ve all heard the wild stories of what’s happening in the Melbourne market, so on a recent trip I was keen to see for myself what’s happening at the front line.

Caporn Young has a strong alliance with leading east coast agency Marshall White, so I rode along with their senior director on a busy Saturday. From what I saw, it’s hard to believe Perth is in the same country.

The first auction was an old character home – a deceased estate. There were around 60 people in the crowd, the bidding started at $1.6million soared past the $1.9million reserve, selling for $2.810million!

Later in the day, we were near the Botanic Gardens, at a terrace house in Leopold Street, South Yarra. The home had fallen into disrepair, and the neighbours once had to put out a fire after squatters moved in. Bidding for this challenging do-up job started again at $1.6million. They called ‘on the market’ at $1.8million, and the property sold for

$2.55million after some ferocious competition between seven or eight parties.

Afterward, the selling agent told me he had sold a near identical home two months ago for $2.5million – except that home was fully renovated. So what we’re hearing is true. The Melbourne market is at fever pitch.

Last Tuesday evening, Caporn Young hosted our 7th Annual Client Information Evening at the Royal Freshwater Bay Yacht Club. The event was fully subscribed with over 250 of Caporn Young’s clients attending. Our key note speaker Mr Gavin Hegney estimates that Perth is 12 months into an 18-month downturn. Gavin went on to comment when exactly the bottom will come is anyone’s guess however, it’s much better to buy six months early than six weeks late. Because as we’ve seen in Melbourne, when the market starts to go up, it goes up quickly.

Finally, I’d also like to personally thank the businesses that supported our 2015 Client Night: John Clarey from Icon Conveyancing, Warrick Greaves from Launch Finance, Penny Muller from 740 Designs and the team at EBM Insurance. Feedback from our guests was overwhelmingly positive and we can’t wait to do it again.

W E L C O M E CY Magazine is published by:

Caporn Young Estate Agents - Claremont Head Office 4/355 Stirling Highway Claremont, WA 6010

For advertising or other enquiries, please contact Patricia Cheah on (08) 9385 5559.

CY Magazine is distributed free of charge to the shaded areas below:

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COVER: West Perth’s finest with a city skyline view like no other at 1/14 Bellevue Terrace. Contact Craig Gaspar 0413 929 999 or Mandy Pattison 0430 440 924 for more details.

This November 13-15, Fremantle homeowners will throw open their doors for the second annual Artist Open House Fremantle (AOHF) event. Showing and selling art in the context of a residential environment, remains central to AOHF’s focus.

“Artist Open House Fremantle gives people a chance to see art in a domestic context but also, to take a sneak peek into some beautiful private homes,” says founder and director Cathrina Read.

This year works by more than 35 artists from WA and the eastern states will be exhibited in seven private homes. The event showcases a variety of art, with range of price points ($200 - $10,000) and emerging artists alongside more established artists.

“With such a diverse show, we hope the art will appeal to everyone’s taste and budget,” says Ms Read.

New to AOHF this year is a Styled Home. One house will be emptied and then styled entirely so everything in the house - furnishings and art - is for sale.

The Styled House, a collaboration with stylist Jo Carmichael, showcases how to use art and furnishings to craft beautiful spaces.

As a starting point, Ms Carmichael suggests considering the mood you want to create when choosing art for a particular room.

She says various objects in the room should work together with the art to create harmony. The art may be a statement piece, or be used more subtly to as part of a collection of objects.

CY Associate Director Stefanie Dobro and CY South Fremantle

specialist Michael Harries have been major sponsors of AOHF two years running. Passionate about the arts, they also are the first to agree that presentation of your property is a critical factor in selling homes quickly and for the best price.

They encourage people to support this non-profit community event by investing in quality art and furnishings for your home and you will likely reap the benefit when it comes time to sell.

Ms Read said the huge amount of support from the community including Caporn Young and the City of Fremantle is encouraging.

“Our sponsors are an incredible bunch of people and without them this event wouldn’t be possible,” she said.

Several factors inspired Ms Read to launch the event last year, including the demise of several Perth gallery spaces.

“I knew the art was great and that people would buy it. But a fresh approach was sorely needed, one that focused on a new, broader audience,” she said.

The event also targets younger people hoping they will make more significant art purchases as they grow more art savvy.

The success of the last years event indicates that there is an audience interested in seeing art in a new context; but also having a cheeky peak at other’s homes. In this way, AOHF helps artists tap into the hugely popular interiors market.

For details on the artists and dates of the walking trail visit: www.artistopenhousefremantle.com

ARTFUL HOMES OPEN THEIR DOORS IN FREMANTLEARTIST OPEN HOUSE FREMANTLE 2015

P R O F I L E

Photo by Jody D’Arcy From Left - Right: Collaborator for the AOHF Styled House Jo Carmichael,

AOHF assistant Nikki Liley, AOHF founder and director Cathrina Read Artwork by AOHF artist Becky Blair

Photo by Jody D’ArcyArtwork by AOHF artist Jane Tangney

Photo by Bo WongArtwork by AOHF artist Emma Lipscombe

C L A R E M O N T | F R E M A N T L E | A P P L E C R O S S www.capornyoung.com.au | 08 9385 5559 | /capornyoung

EMMA MCCARTHY0417 920 448

[email protected]

STEVEN CURRIE0413 984 569

[email protected] SALE $9,250,000_____________________________________________________________________

INSPECT By appointment_____________________________________________________________________

KEY FEATURES Magnificent 26 metre north facing frontage

Only 25 steps to the water

Rare direct access to waterfront

Offering absolute water frontage, this is one of the last remaining undeveloped blocks with incredible river panorama and city skyline views. Design, plan and build your dream residence amongst some of Perth’s finest homes capitalising on this spectacular view and unique location.

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1127IS THIS APPLECROSS’S BEST ADDRESS?APPLECROSS


MICHAEL HARRIES0434 076 229

[email protected]

STEFANIE DOBRO0409 229 115

[email protected] SALE From $1,249,000_____________________________________________________________________

INSPECT Saturday 7th November 11:00 - 11:30am

Saturday 14th November 9:30 - 10:00am_____________________________________________________________________

KEY FEATURES Character cottage extended & renovated

Beautiful new kitchen & bathrooms

Off street parking, approved garage plans

Walk to schools, parks, George Street

Here you can have the timeless atmosphere of an early 20th century cottage along with the 21st century delights of a superb brand-new kitchen and bathrooms, two separate living areas, and a spacious master suite and large versatile 4th bedroom or study upstairs. This summer you could be lounging by the pool in a backyard almost big enough for kids´ cricket in a famously family-friendly street where you can walk to schools, George St and the river.

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4 2 1 5081PLYMPTON CHARACTER & MUCH MORE89 HUBBLE STREET, EAST FREMANTLE



[email protected]


[email protected] SALE From $849,000_____________________________________________________________________

INSPECT Saturday 7th November 2:45 - 3:15pm

Saturday 14th November 2:00 - 2:30pm_____________________________________________________________________

KEY FEATURES Elegant neutral décor

Open-plan living

Spacious bedrooms

Shops, schools, transport & river nearby

This brand-new two-storey home in a stylish boutique development offers all the advantages of an East Fremantle location with easy, low-maintenance living, good natural light, sleek kitchen, two living areas, excellent security and the fresh feel of contemporary design. With a smart deep grey exterior and limestone architectural features, this home is built to the highest quality with an elegant neutral décor ready for you to add your own touches.

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3 2 2 236NEW, SPACIOUS, STYLISH, SECURE4/5 IRWIN STREET, EAST FREMANTLE



[email protected]


[email protected] On site Saturday 28th November 3:00pm_____________________________________________________________________

INSPECT Thursdays 5:00 - 5:30pm

Saturdays 11:45am - 12:15pm_____________________________________________________________________

KEY FEATURES Deceased Estate Will Be Sold

Quiet street, perfectly positioned block

Opportunity to start from scratch (STCA)

To be SOLD on an "As Is, Where Is" basis

Those who know East Fremantle´s famous Plympton Ward will appreciate this is an opportunity not to be missed. Currently housing a timber-framed cottage in extremely poor repair, this east-west oriented 508sqm block with great solar access in arguably the quietest street in the Ward could be a perfect place to create your dream home (STCA) and lifestyle amongst like-minded souls.

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AUCTION

508DECEASED ESTATE62 SEWELL STREET, EAST FREMANTLE


HELEN HEMERY0408 370 809

[email protected]

AUCTION On Site Saturday 21st November 12:00pm_____________________________________________________________________

INSPECT Thursdays 5:30pm - 6:00pm

Saturdays 11:30am - 12:00pm_____________________________________________________________________

KEY FEATURES Prime 969sqm corner block

Walk to beautiful Bold Park & Perry Lakes

North-facing home with expansive floor plan & pool

Future subdivision potential pending

This expansive property gives you options. An inspired renovation? A brand new home? Hold for Town Planning Scheme Amendment approval? Act with confidence knowing real estate’s No. 1 rule is on your side - location, location, location. Cherished by just one family since being built in 1959, this wonderful real estate opportunity will not last long. Don´t miss out!

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AUCTION

5 3 2 969THE LUXURY OF CHOICE55 DONEGAL ROAD, FLOREAT


KERYTH CATTALINI0414 098 648

[email protected]

CONNIE HANDCOCK0411 115 147


INSPECT Saturdays 11:30 - 12:00pm

Wednesdays 6:00 - 6:30pm_____________________________________________________________________

KEY FEATURES Easy-care two-storey home

Two separate living areas

North-facing open-plan living

Walk to Wray Ave cafes, shops & iconic Galati store

Tucked away in a quiet cul-de-sac this green title rendered brick and iron two-storey Dale Alcock home with an elegant street presence, two separate living areas, north-facing open-plan living and an upstairs master suite with its own sitting room and balcony. With every convenience close by and the shops and cafes of Wray Avenue just around the corner, this is the easy way to enjoy the lifestyle of the historic port city.

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AUCTION

3 2 2 315LIGHT, LOCATION & EASY LIVING2 NORMAN STREET, FREMANTLE



[email protected]


[email protected] SALE From $429,000_____________________________________________________________________


KEY FEATURES 1 bed, 1 bath, 1 car - only 5 available

2 bed, 2 bath, 1 car - only 2 available

Only 18 apartments in the complex

$10,000 First Homebuyers Grant available

Here´s your chance to invest in a boutique, low-rise development in a highly sought suburb; each apartment thoughtfully designed to maximise peace and privacy, all while offering a relaxed lock-and-leave lifestyle by the river. Secure your apartment today and settle the balance on completion, anticipated for September 2016.

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COMPARE THE REST... BUY THE BEST7 BIRDWOOD ROAD, MELVILLE



[email protected]


[email protected] SALE Please call for details_____________________________________________________________________


KEY FEATURES Elevation ensures privacy from the street

Five car garage, workshop & wine cellar

Quality workmanship throughout

Designed by architects Perrine & Birch

It´s time to make your dream of living on the riverfront come true. Perched on Mt Pleasant’s front row, this impressive residence has it all - including panoramic river views that extend all the way to Perth´s city skyline. If you are craving space, this one is for you. Everything is oversized - from the room sizes, to the 10-foot ceiling heights, the expansive balconies and everything in between.

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5 3 5 964PARADISE FOUND!183 THE ESPLANADE, MOUNT PLEASANT


MICHAEL HAYTER0422 616 979

[email protected]

AUCTION On site Saturday 28th November 2:00pm_____________________________________________________________________

INSPECT Saturday, 7th November 12:00 - 12:30pm

Thursday, 12th November 5:30 - 6:00pm

Saturday, 14th November 12:00 - 12:30pm_____________________________________________________________________

KEY FEATURES Guest wing with separate entry & kitchenette

Spacious floor plan & superb indoor-outdoor living

Spectacular butler´s pantry & food preparation area

Are you looking for a home that exceeds the ordinary? Constructed by master craftsmen in Bavaria, the roof of this remarkable home was shipped to Perth and assembled by the same team on arrival in Palmyra. This is a one-of-a-kind property with a long-list of luxury inclusions. You can enjoy the spectacular poolside entertaining area 12 months of the year - perhaps with a cold Bavarian beer in hand!

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AUCTION

4 3 2 618DARE TO BE DIFFERENT91 ADRIAN STREET, PALMYRA


OONAGH LISLE0411 037 504

[email protected]

AUCTION On site Saturday 28th November 1:00pm_____________________________________________________________________

INSPECT Saturdays 1:00 - 1:30pm

Wednesdays 6:00 - 6:30pm_____________________________________________________________________

KEY FEATURES Phenomenal building block

Zoned R20 (subdivisible)

Quiet, tightly-held street

Close to beaches, Allen Park, cafes & shops

Perched atop the hill on the "beach side" of Swanbourne, this large land holding is waiting for a new owner to come and capitalise on the huge potential. This property will suit developers looking to subdivide or families wanting to build their dream home in this prestigious pocket!

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3 1 2 1009POSITION, POTENTIAL: PERFECT!10 JAMES ROAD, SWANBOURNE


MANDY PATTISON0430 440 924

[email protected]

CRAIG GASPAR0413 929 999


INSPECT Wednesdays 6:15 - 6:45pm

Saturdays 12:00 - 12:30pm_____________________________________________________________________

KEY FEATURES Beautifully renovated character home

Stylishly renovated kitchen with quality appliances

Perfect for those yearning to ’lock & leave’

Deceptively large, this light-filled home provides city convenience without compromise to space or style. Set across three levels, it features stunning north-facing balconies looking out across the neighbourhood´s Jacaranda trees. Downstairs, a large living area is an ideal teen retreat, home office or fourth bedroom. On a quiet street, a short stroll to Lake Monger, cafes, shops, excellent schools and 3km from the city.

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3 2.5 2 352BIDDING FROM $800,000!12 CADDY AVE, WEST LEEDERVILLE



[email protected]


[email protected] SALE Mid to High $4,000,000’s_____________________________________________________________________

INSPECT By appointment only_____________________________________________________________________

KEY FEATURES Private garden with covered alfresco area & decking

Water fountain & established garden

Sweeping Swan River & city skyline views

Underfloor heating throughout

Set between King´s Park and the Swan River, this generous, luxuriously appointed apartment is an exceptional retreat for discerning buyers, offering the comforts and space of a home with the lock-up-and-leave convenience of an apartment. Located on the ground floor of a recently refurbished small complex on an exclusive street, with a shared pool, spa, sauna and gym, this is a unique opportunity to own a stunning home in the heart of the city.

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4 3 3 1 6921PERTH’S BEST LOCATION1/14 BELLEVUE TCE, WEST PERTH



[email protected]



INSPECT Thursdays 5:30 - 6:00pm

Saturdays 2:00 - 2:30pm_____________________________________________________________________

KEY FEATURES Potential for subdivision

Open plan dining/kitchen

Secure off-street parking

Close to Hyde & Beatty Parks

This free-standing cottage offers comfortable living just as it is, with huge potential to extend and renovate if you want to add value to your investment down the track. You’ll love the warm wooden floorboards, high ceilings, the vine-draped pergola and the classic backyard. Positioned on a quiet residential street just 2km from the CBD. Be quick - this opportunity will not last!

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AUCTION

3 2.5 2 364BIDDING FROM $600,000!7 VICTORIA STREET, WEST PERTH


5 3 2 509

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With a stylish, contemporary street presence and a long list of high quality features, this elegant dress circle residence is a natural choice for those who appreciate the finer things in life. The interior of this impressive home has been designed for making the most of life with a striking kitchen taking centre stage in the open plan living and dining.

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AUCTION On site Saturday 21st Nov 11:00am_______________________________________________

INSPECT By appointment_______________________________________________

CONTACT Steven Currie 0413 984 569

Emma McCarthy 0417 920 448

GRAND IN DESIGN3B VENTNOR AVENUE, MOUNT PLEASANT

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THE ULTIMATE RAFFLES APARTMENTEG03/70 CANNING BEACH RD, APPLECROSS

FOR SALE Please call for details_______________________________________________


CONTACT Steven Currie 0413 984 569

Emma McCarthy 0417 920 448

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SO MUCH POTENTIAL!34 POLGLASS WAY, ARDROSS

AUCTION On site Saturday 21st Nov 2pm_______________________________________________


CONTACT Arreum Han 0450 422 224

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WHEN IT COMES TO AUCTIONS IN PERTH WHO OUTSELLS THE REST?

Total value of property sold via auction, top three agencies, September 2015 (REIWA)

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RISING ABOVE MARKET CHALLENGES

It is no secret that Perth’s rental market is moving through a rough patch. The vacancy rate has reached 5.6 percent and median ‘time on market’ is now up around 56 days. In the face of these difficult conditions, I´m proud to say Caporn Young´s vacancy rate is just 2.2 percent, and our average time on market is just 22 days. In real terms, that represents twenty-four extra days rent in our clients´ pockets.

Ultimately, we can’t remove all the obstacles in the market, but

we can strive to rise above them. Last week alone, our team leased seven properties, an impressive result in any market. How do we do it? We have proven strategies, unmatched market intelligence and a database of qualified tenants, as well as strong relationships with relocation agents. We have also made significant investments in our systems, to the point where I believe these are now the best in the industry. Above all, we price correctly, present properties beautifully and work hard to deliver the very best result.

R E N T A L R E V I E W Lee Fitzgerald - Licensee | Property Management Team Leader

For all enquiries, please contact Caporn Young’s Leasing and Property Management team on 9385 5559.

F O R L E A S E H O T P R O P E R T I E S

FREMANTLE 4/48 Blinco Street

$520 per week

NORTH FREMANTLE 26/1 Freeman Loop

Call for details

FREMANTLE 6/70 Elder Place

$650 per week 3 2 23 2 2 2 2 2

NORTH FREMANTLE 29/1 Corkhill Street

$1,200 per week 3 2 2

WILLAGEE 15 Bartlett Street

$470 per week 3 1 1

PEPPERMINT GROVE 26 Johnston Street

Call for details 3 2 2

APPLECROSS 13 Strome Road

$595 per week 4 1 1

COTTESLOE 4/3 Brixton Street

$430 per week 1 1 1

EAST FREMANTLE 13a Petra Street

$845 per week 4 2 2

L I N N E Y S .CO M . AU PERTH | SYDNEY/LINNEYS @LINNEYS_JEWELLERY

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cy magazine - issue 42

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