End of Financial Year Report 1 Freshwater Place, Southbank.

It’s that time of year again!

Dionne Wilson from Harcourts City Residential has prepared your 2010-2011 End of Financial Year Report for Freshwater Place, Southbank.

We hope you enjoy it and look forward to your feedback.

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‘Melbourne’ Apartment Sales Statistics

FRESH1

‘Freshwater Sales Statistics’

FRESH2

Building Details & Particulars

Age

Built 2005

Zoning

Capital City Zone Schedule 2 – http://tinyurl.com/23clunr 

Levels

59

Apartments

530

Facilities

Gym, pool, spa, sauna & outdoor rooftop garden with BBQ area

 

Owners Corp.

Knight Alliance 

Level 2/2 Glenferrie Road

Malvern Vic 3144

Ph: 03 9509 3144

theknight@theknight.com.au

Council            

City of Melbourne

P.O Box 1603

Melbourne VIC 3001

Ph: 9658 9658

enquiries@melbourne.vic.gov.au

www.melbourne.vic.gov.au

 

Water

City West Water

Locked Bag 350

St Albans Road

Sunshine  VIC  3020

Ph: 131 691

www.citywestwater.com.au

Building Comment:

Freshwater Place remains one of the best equipped buildings Melbourne has to offer. It also has a lot more personality than many of the Southbank towers. It’s regularly referred to and requested by name by many prospective purchasers. Many owners will be uncertain about the construction of the new 71 level tower recently approved. We’d be happy to discuss the potential impact of the development with any owners this may affect. There is a residents meeting proposed for 16th November to provide more information and we’ll be adding any updated information or links to any relevant information to this Blog as it is made available.

http://www.theage.com.au/victoria/-1nv0z.html

Reported Sales Financial Year 2010-2011

Month

Apartment

Beds

Size m2

Price

Oct 2011

2712

$880,000

Aug 2011

1705

$475,000

Jul 2011

2708

$526,500

Jun 2011

2710

$580,000

Jun 2011

1404

$590,000

Jun 2011

3311

 

$899,800

May 2011

5502

$2,100,000

Apr 2011

2110

$549,500

Mar 2011

3011

$415,000

Mar 2011

1311

$390,000

Mar 2011

2712

$880,000

Mar 2011

806

$1,660,000

Feb 2011

1811

$375,000

Feb 2011

1807

$1,180,000

Jan 2011

1101

$2,060,310

Jan 2011

3207

$521,000

Dec 2010

1506

$970,000

Dec 2010

2403

$650,000

Dec 2010

2411

$390,000

Nov 2011

3802

$600,000

Nov 2010

2503

$610,000

Nov 2010

2003

$585,000

Oct 2010

3507

$520,000

Oct 2010

3011

$415,000

Oct 2010

3403

$870,000

Oct 2010

1309

$526,000

Oct 2010

3605

$1,250,000

Sept 2010

2911

$407,000

Sep 2010

2112

$900,000

Sep 2010

2210

$540,000

Aug 2010

2108

$510,000

Aug 2010

3307

$507,000

Aug 2010

3602

$575,000

Jul 2010

3208

$570,000

Jul 2010

2402

$550,000

Jul 2010

3809

$570,000

What’s My Property Worth? http://cityresidential.harcourts.com.au/Home/Selling/Whats-Your-Property-Worth/23111

Buyer Profiles

Over the past 12 months the most common buyer profiles buying in the building have been

First Home Buyers, Emotional Investors & Peid-A-Terre buyers 

Use this link for a full description of these buyer profiles and others we often work with throughout the inner city – http://bit.ly/rKpvJx

What our Vendors say…….

“Thank you again for all your assistance over the past few weeks. You have been able to assist us in achieving a result that we are extremely happy with. The whole process we have felt as if we were your only client and that the result was as important to you as us. Your service and professionalism has been amazing so we appreciate the assistance, again……. We could not have been happier with the process”.

Andrew – Recent Vendor

For more testimonials from past, present and potential clients from both sale & leasing please visit –

http://cityresidential.harcourts.com.au/Home/Our-Team/Testimonials/10330

What’s My Property Worth?http://cityresidential.harcourts.com.au/Home/Selling/Whats-Your-Property-Worth/23111

What our Landlords say…….

“Harcourts City Residential were terrific. I had a vacant Melbourne City apartment in a prime location for three months with my previous Melbourne city agent. I then spoke to Dionne Wilson from Harcourts City Residential. As soon as speaking to Dionne, I knew her professionalism and helpfulness would ensure my apartment would be tenanted very soon. Not only did Dionne find me tenants within 10 days, Dionne was able to market my apartment at the market price (which was my asking price) and not a much lower price that my previous agent had my apartment advertised at .Thank you Dionne and Harcourts City Residential my stress is finally over.”.

Antonio – Landlord

For more testimonials from past, present and potential clients from both sale & leasing please visit –

http://cityresidential.harcourts.com.au/Home/Our-Team/Testimonials/10330

Referral Partners:

Mortgage Express:

Mortgage-Express

Mortgage Express is a mortgage broking company that has been in operation for over 10 years. With access to over 30 lenders and 300 loan products, we believe we can source mortgage finance that will be tailored to best suit your needs. Mortgage Express implements the latest technologies and software to give you comprehensive comparisons of the very best options in the market place. We help you understand the features of each loan ideal for you so you can make an educated and informed decision. Whether it be first home mortgage finance, subsequent mortgage finance requirements, refinancing of an existing facility, commercial or investment finance, or just a general enquiry, Email us to have your local broker contact your today cityresidential@harcourts.com.au

Lexus Conveyancing

lexus

Lexus provide conveyancing services to the Melbourne property market. They represent clients purchasing or selling real estate property in all areas of Melbourne including the inner city and outer suburbs and also country Victoria. Lexus Conveyancing are a highly organised, efficient and professional property conveyancing service. Email us today for more information or to have a Lexus consultant call you cityresidential@harcourts.com.au

Real Property Matters

real property matters

 

Depreciation schedules are an essential tool for investors to make sure you’re getting the maximum tax benefits from your property investment. Real Property Matters are experts in this field and have a range of innovative, market leading tools adding additional value to this important service. As a client of Harcourts you’ll receive a special rate and additional services; email us so we can ensure you get the Harcourts special rate. cityresidential@harcourts.com.au

Helpful Links:

Foreign Investment Review Board – FIRB

Recent change in legislation has affected foreigners purchasing property in Australia. It’s important to be aware of any restrictions that may be placed on you when considering purchasing property in Australia if you’re not an Australian or New Zealand Citizen. You can seek further information from the FIRB website –http://www.firb.gov.au/content/real_estate/real_estate.asp


State Revenue Office – SRO

The State Revenue Office are responsible for the calculation and collection of Stamp Duty and also govern the First Home Owners Grant FHOG among other things.

State Revenue Office Stamp Duty Calculator http://tinyurl.com/33f99jc

First Home Owners Grant – FHOG

Information – http://tinyurl.com/3ybukne

Application – http://tinyurl.com/36ahvjg


Australian Tax Office – ATO

From Capital Gains Tax to allowable deductions you’ll find lots of helpful information on the ATO website or contact your qualified accountant.

http://www.ato.gov.au/

Dionne Wilson

Director/Auctioneer – Harcourts City Residential

Ph: 03 9664 8100          Mob: 0417 318 705

E: dionne.wilson@harcourts.com.auDW_1802_72dpi_HS

Web: www.cityresidential.harcourts.com.au

*Harcourts City Residential has gathered this information to provide an interesting read for apartment owners and prospective purchasers. Harcourts City Residential may not have concluded any or all of the transactions noted; rather we’ve gathered as much market information as possible on ALL transactions to be as conclusive as possible.

Information contained herein is gathered from a range of sources including but not limited to; The Age Property Results, The Herald Sun Property Results, Valuer General Information & Agents own investigations. All efforts are made to verify the accuracy of the information provided. The information is not to be relied upon or used in dealings with third parties and people should make their own investigations regarding their own property or personal circumstances. Opinions offered are just that, our opinions & observations and should not be treated as advice or fact.

If your property is exclusively listed with another agent please disregard this communication.

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