Proudly supporting the Tuggeranong CommunityUnder offer in a week | 16 Greeves Street, Wanniassa

(02) 6296 7077 | peterblackshaw.com.au

Tuggeranong Market Review

May 2015

Contents May ‘15Page Contents

1. Welcome | Market & Team

2. Case Study (Sold)

3. Sales Snapshot

4. For Rent (Property Feature)

5. Rental Snapshot

6. Styled to Sell

7. Styling Tips

8. Our Community

9. Our Partners - TUFC

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

Welcome to the May edition.

The market has performed consistantly over the last month, reporting similar positive statistics to last month. You will note we monitor closely the movement of stock (properties currently under offer or agreement). This gives us a clear indication of how sales are likely to perform in the months following. Currently this figure shows an improvement to last month (up 4%), so moving towards the typically slower Winter months is looking encouraging.

Our sales team has sold in excess of 30 homes since March 1, with a standout effort by local agent Brian McPherson selling homes in Chisholm, Bonython, Gilmore, Oxley & Kambah. A few sales results worth noting across the region were 27 Apperly Close, Gleneagles Estate selling for $1,000,000, and 16 Greeves Street, Wanniassa hitting the market and selling in under a week.

Team News

This month we welcomed Ebony Heffernan to our Property Management team, bringing with her a wealth of experience in administration and client support.

WELCOME NOTEMay ‘15

1.

11 Callister Crescent,Theodore SOLD $645,000

AGENTRick Dickson | 0419 208 353 Samantha Hague | 0431 846 866

SALE NEGOTIATED After a four week auction campaign we advertised the property at offers over $635,000, and within 7 days secured a purchaser.

BUYERLocal Canberra family upsizing from their current home.

MARKETING CAMPAIGNStandard Photo SignboardPremium website marketingVIP purchaser alert through current contactsSaturday and twilight open homes

RESULTThe combination of strong negotiations and a prompt settlement helped achieve the owners goals and met their personal requirements.

HOME FEATURESBuilt to the highest of standards and beautifully maintained, the generous proportions catered to an extended family or those seeking refined comfort.

CASE STUDY

MONTHLYSALESSNAPSHOT

May ‘15Properties currently listed (as of 16th Apr ‘15) 420

Properties sold 123

Total value of sales $63,279,222

Tuggeranong Record (Kambah) $1,295,000

Average sale price $514,465

Median sale price $492,500

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

Lowest sale price (Greenway) $245,000

Days on market (Tuggeranong Region Average) 73.5

% of homes reaching agreement 20.9%

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

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

Whats selling (by price):

FOR RENTFEATURE

LEASING BYRachel Tynan | Leasing Consultant

AVAILABLE 17th April 2015

CONFIGURATION3 Bed | 2 Bath 2 Garage

FEATURESLovely three bedroom ensuite townhouse in a quiet loop street in Conder. This property is within walking distance to Lanyon Market Place, bus stops and schools.

HIGHLIGHTSFreshly painted & new carpetUpdated kitchen with new appliancesReverse Cycle heating & coolingGas wall furnaceNice outdoor courtyardDouble garage

11/2-6 Merri Place,Conder $400 p/w

4.

MONTHLYRENTALSNAPSHOT

Properties available (Tuggeranong Region as of 16th Apr ‘15) 180

Properties rented (Tuggeranong Region) 113

Lowest rental price (Theodore) $295p/w

Highest rental price (Calwell) $625p/w

Average rental price $410p/w

Median rental price $395p/w

Average days till rented (Region average) 33

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

“With a whole lot of fresh rental homes hitting the market this month, our leasing team experienced a swarm of new interest

and activity, which can be attributed to the quality of homes on offer; most of which having had minor renovations and regular

maintenance conducted.”

Heidi Russell Director of Property Management

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

4253192

501

77

991.6%

Total registeredtenants (up 22.9%)

Tenants looking now

Vacancy Rate

Enquires (up 16.5%)

Applications received

Total inspections conducted

Welcome to the May segment of ‘styled to sell’. This month I have looked at current interior trends and provide a few tips to help get your home looking its best in todays market.

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 furnish-ings 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.

STYLING TIPSBY REBECCA BISA

Rebecca Bisa

A Complimentary Service

6.

Neutral Tones

Grey and neutral tones are still very popular as a base for paint, floor finishes and

fixed fittings.

Metalic Finishes

Copper/Bronze/Silver/Gold are also popular at the moment leading trends for tapware, handles, light

fittings and furniture trims. Bright colours can also be used well to bring life to a room; this is done

best with soft furnishing and decor pieces. Decluttering

Decluttering is an important process before introducing your house to the market. It gives a true sense of size, so pack away all items that are

not required, and avoid leaving too many items out on the benches and tables. A cluttered home draws

attention to storage or lack there of.

It is a good idea to clear family photos and personal items. People viewing a home to buy need

to be able to see themselves living in the house as opposed to feeling like a visitor.

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

Volunteers wanted

Our partners Tuggeranong United are urgently looking for volunteers for the 2015 season. If you are intersted in working within the football club this year contact them today.

For the full list of volunteer positions, follow the link below:http://bit.ly/1aCDvds

Players still wanted

There are still positions available in the Under 14’s open team and the Over 35’s mens. If you are interested in playing this year head to our partners website for more information and contact details.

www.tufc.com.au

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