Proudly supporting the Tuggeranong CommunityNew Listing | 21 Wittunga Crescent, Banks

(02) 6296 7077 | peterblackshaw.com.au

Tuggeranong Market Review

March 2015

20 Templestowe Avenue Conder SOLD $475,000

AGENTRick Dickson | 0419 208 353

SALE NEGOTIATED Day 2 of marketing; Sold after 7 days

METHODPrivate Treaty

BUYER INSPECTIONS17

BUYERThe successful purchaser was a current client of Peter Blackshaw Tuggeranong

MARKETING CAMPAIGNProfessional photographyPremium website packageExhibitions were to include mid week, weekend open houses and private inspections by appointment

RESULTFinal price negotiated exceeded owner’s asking price

HOME FEATURESNorth facing single level three bedroom with ensuite bathroom. High ceilings and open living spaces. Home is located on a large battleaxe block with views of surrounding mountains.

CASE STUDY

MONTHLYSALESSNAPSHOT

March ‘15Properties currently listed (as of 16th Feb ‘15) 374

Properties sold 55

Total value of sales $28,108,400

Tuggeranong Record (Kambah) $1,295,000

Average sale price $511,062

Median sale price $499,500

Highest sale price (Kambah) $870,000

Lowest sale price (Richardson) $316,000

Days on market (Tuggeranong Region Average) 82

% of homes reaching agreement 17%

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

29 16 19 24

15 9 6 33 8 28

12 37 2

16 8 11 23 22

3 4 6 3 1 5 1 2

3 8 5 1 2 5 5

BANKS BONYTHON CALWELL CHISHOLM CONDER FADDEN GILMORE GORDON GOWRIE GREENWAY ISABELLA PLAINS

KAMBAH MACARTHUR MONASH OXLEY RICHARDSON THEODORE WANNIASSA

AvAilAble vs ‘Under Offer’ PrOPerties

Homes still for sale

POsitiOn Perfect | feAtUre new listing

Homes ‘under offer’

POsitiOn Perfect | feAtUre new listing

21 Wittunga Crescent, Banks | $700,000+

• Large formal and informal living areas • Quiet street with quality established homes• Close to schools, shops and recreation space • Expansive views over the Brindabella Ranges

Contact agent for more information;(02) 6296 7077

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EER 4.5

RENTAL CASE STUDY

LEASING CONSULTANTHeidi Russell | Director Of Property Management

(02) 6296 5595

hrussell@peterblackshawtuggeranong.com.au

DAYS ON MARKET Rented within 7 days

CONFIGURATION3 Bed | 2 Bath 2 Garage

MARKETING CAMPAIGNProfessional photosPremium Marketing Package

RESULTRented to a professional family with two kids, who fell in love with the location upon first inspection.

41 Grounds Crescent,Greenway Rented $470 p/w

MONTHLYRENTALSNAPSHOT

Properties available (Tuggeranong Region as of 16th Feb ‘15) 237

Properties rented (Tuggeranong Region) 176

Lowest rental price (Bonython) $230p/w

Highest rental price (Calwell) $700p/w

Average rental price $422p/w

Median rental price $400p/w

Average days till rented (Region average) 38

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

Did you know that..45 seconds (on average) is all the timepeople give to engage with your property advertisement online.

39% of people will view your listing via their smartphone.

How well is your property being marketed?

It’s time to choose the agency that gets results, fast.

Heidi Russell Director of Property Management

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

teAm PerfOrmAnce snAPshOt

Total registeredtenants

3277

Enquires

430

Homes Leased

26

Regional Average

38Our Team

DAYS ON MARKET

21.7

STYLED TO SELLBY REBECCA BISA

Welcome to my first segment of ‘styled to sell’, in our local Market Review. The idea for this section evolved from a lack of hands on assistance available in the marketplace, 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, placement of existing home furnishings and ornimentals.

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

Thinking of marketing your home?

Rebecca Bisa

My Role

STYLING CASE STUDYSTYLING CASE STUDY

“Thankyou for bringing Rebecca into the mix of our redevelopement process. Her knowledge of colour, of the ‘renovation’

processes and its supporting industry and her clear

practical thinking was a huge bonus to us”

- Vendor

115 Waterfall Drive, Jerrabomberra

Sold above reserve

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A WORD FROMTHE PRINCIPAL

Robert PeakerPrincipal | Peter Blackshaw Tuggeranongrpeaker@peterblackshawtuggeranong.com.auLic Agent Canberra South Real Estate Pty Ltd ABN 53 106 779 506

02 6296 7077 | peterblackshaw.com.au

Welcome to the March edition.

The year is off to a flying start with momentum gaining in the positive results achieved by our team and the planning for many local Tuggeranong events. As we all know, last month we welcomed an interest rate cut by The Reserve Bank of Australia. Further to this, the Auction clearance rate across our group has been outstanding, resulting in 17 sales from 19 auctions within the first two weeks of February.

Property inspection levels throughout the last month have been positive, averaging over 4 groups per open home. Our newer listings that are competitively priced are attracting groups upwards of 15 which is a positive sign of increased buyer confidence. On the 14th February just outside Tuggeranong, our office auctioned a beautifully presented home in Jerrabomberra, an area which traditionally sells homes through the private treaty method rather than by auction. The auction in Waterfall Drive attracted two registered bidders and sold in excess of $15,000 above the owners’ reserve price. In addition, we have auctions scheduled over the following weeks which have attracted positive interest levels therefore demanding a multitude of viewings.

If you are planning to make a move over the next few months, the timing could be ideal with continued low interest rates and outstanding results being achieved for our vendors and landlords.

Tuggeranong arTs PresenTs:

TwilighT ClassiCal MusiC ConCerT series

(seCond of 4 ConCerTs)

BoheMian serenade sunday 26Th april 5-7pM

FeaTuring:

DistinguisheD AustrAliAn MusiciAns in A superb lAkesiDe venue

tickets Are $35 for ADults, $20 for stuDents

to book (02) 6293 1443

photo creDit: MArtin ollMAn

Tuggeranong arTs PresenTs:

TwilighT ClassiCal MusiC ConCerT series

(seCond of 4 ConCerTs)

BoheMian serenade sunday 26Th april 5-7pM

FeaTuring:

DistinguisheD AustrAliAn MusiciAns in A superb lAkesiDe venue

tickets Are $35 for ADults, $20 for stuDents

to book (02) 6293 1443

photo creDit: MArtin ollMAn

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?

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