End of Financial Year Report 31 A’Beckett Street, Melbourne

It’s that time of year again!

Dionne Wilson from Harcourts City Residential has prepared your 2010-2011 End of Financial Year Report for 31 A’Beckett Street, Melbourne

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

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‘Melbourne Apartment Sales Statistics’

Graph1

’31 A’Beckett Sales Statistics’

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Building Details & Particulars

Age

Completed 2010

 

Zoning

Capital City Schedule 1 – http://tinyurl.com/23clunr 

 

Levels

32 levels

 

Apartments

287 Residential Apartments

Facilities         

Gym, Pool & Sauna

 

Owners Corp.

Kingston Management Group

62 River Esplanade

Docklands VIC 3008

Ph: 03 9676 2828

Council           

Melbourne City Council – Town Hall

90-120 Swanston Street

Melbourne VIC 3000

Ph: 03 9654 4854

http://www.melbourne.vic.gov.au/

Water

City West Water

Locked Bag 350

Sunshine VIC 3020

Ph: 131 691

enquiries@citywestwater.com.au

www.citywestwater.com.au

Building Comment:

It’s interesting to see a number of listings on the market in this still very youthful building. There is some variance in prices achieved so be sure to pick your agent well. The presentation of the properties and the stunning views do impress. The sizes are compact yet fill a definite price gap in the market and hence attract good enquiry. I have several buyers who missed out on the one we just sold and would love to represent more in the building. The rental performance of the building is also excellent, we were inundated with enquiry and achieved several high quality applications for our most recent in the building. We’ve found they lease equally well as fully furnished or unfurnished units in the current market.

Reported Sales Financial Year 2010-2011

Month

Apartment

Bedrooms

Size m2

Price

Sep 2011

2807

2

45.7m2

$390,000

Sep 2011

2206

2

$415,000

Aug 2011

1207

1

$340,000

Jun 2011

3201

2

$520,000

Jun 2011

706C

2

$393,000

Jun 2011

1806

2

$347,000

Jun 2011

510C

2

$430,000

Jun 2011

411C

TBC

$430,000

Jun 2011

501

2

$487,500

Jun 2011

3105

2

$408,500

Jun 2011

3311

2

$435,000

Apr 2011

2805

TBC

$379,500

Mar 2011

2607

TBC

$373,500

Mar 2011

1803

1

$366,275

Mar 2011

1207

1

$331,500

Mar 2011

1407

1

$337,500

Mar 2011

2901

TBC

$520,000

Mar 2011

2903

2

$435,680

Mar 2011

1711

TBC

$420,000

Feb 2011

2008

1

$324,500

What’s My Property Worth? 

http://cityresidential.harcourts.com.au/Home/Sell/Whats-Your-Property-Worth/23111

Buyer Profiles

Use this link for a full description of these buyer profiles and others we often work with throughout the inner city –

http://harcourtscityresidential.wordpress.com/2011/07/22/harcourts-city-residential-common-buyer-profiles-2/

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

Reported Rentals

Month

Apartment

Bedrooms

Size m2

Rent P/Week

Nov 2011

1302

2

$550

Oct 2011

1609

2

$500

Oct 2011

1811

1

$400

Oct 2011

2209

3

$600

Jun 2011

2701

2

$580

May 2011

2203

1

 

$370

May 2011

3303

2

$580

What’s My Property Worth? – 

http://cityresidential.harcourts.com.au/Home/Sell/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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