St Anthony’s School Wanniassa Presents: | “Playground Dreaming” | August 7-9

(02) 6296 7077 | peterblackshaw.com.au

Tuggeranong Market Review | August 2015

Contents August ‘15 Page Contents

1. Welcome | Market Review

2-3. Sales Case Study & Snapshot

4-5. Rental Case Study & Snapshot

6-7. Social Snapshot & St Anthony’s

8. Our Community

9. Our Partners - Tuggeranong United FC

Amy PeakerBusiness Manager | Licenseeapeaker@peterblackshawtuggeranong.com.au | 0402 261 156Lic Agent Canberra South Real Estate Pty Ltd ABN 53 106 779 506

Welcome to the August edition. Delivering the August edition of the Tuggeranong Market Review would have to be one of our favourites. Why? Because it means that Spring is just around the corner - which helps us all power through the icy Canberra days! Reviewing the Tuggeranong market performance over the past month, you would be forgiven for doing a double-take on last month’s statistics, with the results almost displaying the same picture. Minor differences noted: a slight increase on ‘days on market’ (expected during this period) and a slight dip in current stock reaching agreement. Overall, for those homes reaching agreement - it was all good news, with the average regional sale price jumping by close to $30,000! This would undoubtedly be due to the low stock levels Tuggeranong is currently experiencing. According to the latest Domain National Home Auction Market Report, Canberra recorded another solid clearance rate over the last month of 63.2 per cent. Peter Blackshaw Real Estate reported an average auction clearance rate of 71% over the last two weeks.

In Community News

We were delighted to be invited to participate and support Playground Dreaming, a weekend of art food friendship and fun, hosted by our good friends at St Anthony’s School. This will be the second event this year they have invited Peter Blackshaw Tuggeranong to participate in. Please come along to the Southern Cross Club from the 7th-9th of August and join in the fun and festivities.

WELCOME NOTEAugust ‘15

1.

8.

37 Holden Crescent,Wanniassa SOLD $637,000

AGENT Robert Peaker | 0412 726 025 Maurice Dunne | 0401 413 142

SALE NEGOTIATED Sold under the hammer. Our premium marketing service provided over 50 buyer inspections and multiple buyer registrations on auction day. This strong interest resulted in a positive outcome for our owners at above their reserve price.

BUYERA local buyer seeking to purchase a family home in a familiar area.

MARKETING CAMPAIGNProfessionally styledStandard photo signboardPremium website marketingVIP purchaser alert through current contactsSaturday and twilight open homesProfessional photographyPremium buyer SMS alert campaign (sent to over 250 contacts)

HOME FEATURESThis unique Pettit & Sevitt designed family home in an elevated enclave of Wanniassa. Well presented flexible accommodation with stunning views. The home offered a large land holding, set amongst quality homes in a quiet loop street.

CASE STUDYA testament to our Property Management team

and well chosen tenant, this home was still

impeccable at the end of the lease.

2.

A testament to our Property Management team

and well chosen tenant, this home was still

impeccable at the end of the lease.

MONTHLYSALESSNAPSHOT

Aug ‘15Properties currently listed (as of 16th Jul ‘15) 330

Properties sold 97

Total value of sales $50,597,886

Tuggeranong Record (Kambah) $1,295,000

Average sale price $521,627

Median sale price $491,500

Highest sale price (Fadden) $946,000

Lowest sale price (Wanniassa) $290,000

Days on market (Tuggeranong Region Average) 76

% of homes reaching agreement 20.7%

Source PBRE research & allhomes.com.au. Reported dates 16th June to 15th July ‘15

FROM COVER

Tuggeranong Average Sale Price Local Agency Averages

Spring rush is coming!

Don’t lose track of time in preparing your property, time is running out!

Are planning to move house prior to Christmas? If so, please make contact with our office today so we can assist you with meeting your timeline of selling or purchasing your new home. Our in-house home stylist is happy to provide you with complimentary initial advice on aspects you can work on in the lead up to marketing. Should you have a family member, friend or neighbour that you know may require assistance with selling or managing their home, we would greatly welcome your referral. Please ensure they tell us who referred them so we can reward and thank you personally.

LEASED BYRachel Tynan | Leasing Consultant

DAYS ON MARKET 11

CONFIGURATION3 Bed | 1 Bath 2 Garage

MARKETING CAMPAIGNPremium Marketing Package

HIGHLIGHTSDishwasherTwo way bathroom Covered entertaining areaEnclosed low maintenance backyard Renovated kitchenDucted gas heating

RESULTRented quickly to a single professional in 11 days for top quality rent.

253 Keverstone Circuit,Isabella Plains $385 p/w

4.

CASE STUDY

MONTHLYRENTALSNAPSHOT

Properties available (Tuggeranong Region as of 16th July ‘15) 206

Properties rented (Tuggeranong Region) 121

Lowest rental price (Wanniassa) $250p/w

Highest rental price (Calwell) $900p/w

Average rental price $415p/w

Median rental price $400p/w

Average days till rented (Region average) 32

Average days till rented (Our team average) 19

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

“When talking to your accountant this tax time, seek their advice in relation to home improvements.

Check if there are any changes that could be made to your investment

property that could be a great deductible expense.”

Heidi Russell Director of Property Management

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

5502182

337

47

992%

Total registeredtenants

Tenants looking now

Vacancy Rate

Enquires

Applications received

Total inspections conducted

OUR COMMUNITYSOCIAL SNAPSHOT

6.

Trevisani Nel Mondo Dinner

ST ANTHONY’S PARISH PRIMARY SCHOOL

PLAYGROUND DREAMINGFEATURING WARLUKURLANGU ARTISTS OF YUENDUMU

A weekend of indigenous art, food, friendship and wine.

7-9th August 2015Southern Cross Club92 Corrina Street, Woden

Proceeds will support St Anthony’s Sensory Playground fundraiser.

Open times:Fri 7th: 12-8pm

(Official Opening @ 6pm)

Sat 8th: 10am-6pmSun 9th: 12-4pm

PRESENTS

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

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

Are you seeking assistance with a Tuggeranong community event?

8.

Upcoming Events7-9/8 St Anthony’s “Playground Dreaming”

17/9 Tuggeranong College Musical & 25th Anniversary Celebration

24/10 Covenant College Car Boot Sale

30/10 Caroline Chisholm School Fete

14/11 St Francis of Assisi Fete

OUR PARTNERSTUGGERANONG UNITED FOOTBALL CLUB Football Club

Est. 1976

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.

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