August 2011
Westmead & Wentworthville
House prices in biggest drop in 12 years
Australia’s Rental Market Current Value of your Property
The rental market across Australia continues to tighten, with As we are heading towards spring this is a good time to know
low vacancy rates driving increased rental yields across the what your investment property is worth at this current
country. Vacancy rates have remained below equilibrium market.
levels of 3% across most of Australia’s cities over the past
A quick call to our office can give you the answers that you
financial year and are averaging only 1.6% nationally.
need.
Unsurprisingly this has caused an increase in rental rates, Contact our enthusiastic sales team on
with gross Australian apartment yields, for example, rising to Westmead on 9635 1555 or Wentworthville on 9631 1555
5.0%.
Rental markets across Australia are as diverse as sales Important Notices
markets, with some specific areas being almost five times
the national average, which is why investment property
owners must have regular accurate feedback from the Do we have your email address?
property investment manager that takes responsibility for Do we have your current contact details?
their specific property.
Communicating with our landlords and tenants can be just a
Most households monitor price fluctuations but like click away.
groceries, petrol and other common requirements a weekly
rent is not the same in every town or city across Australia. Please email our office to update your contact details –
Email westmead@ljh.com.au or wentworthville@ljh.com.au
There are markets where rents like sales prices have come
back off a high – even to a point where landlords are
decreasing rents rather than have properties sit vacant – so
as a landlord you have to be competitive in your own
Happy Fathers Day
market.
Stay in touch with your property manager – and stay in We would like to wish you and
touch with your best avenue for financial return.
your father a very Happy
If you are renting yourself and planning to move out of your Father’s Day.
rental accommodation and purchase a property to live in,
the best time to do so may be at the end of your lease - and Father’s Day is a day for people to
remember to give sufficient notice to your property show their appreciations for fathers
manager. and father figures.
Hope you enjoy being spoilt by your
If you wish to discuss your any further please contact your
family, friends and loved ones.
Property Manager.
Auction 9/5A Binalong Road , Pendle Hill Our favourite apps for Landlord’s
6 Gloucester Avenue NORTH PARRAMATTA Most of us know by now how
life-changing a smart device
like an iPhone or iPad
application can be.
Here are some of our office
favourite applications
designed to make life easier
for the property investor and
landlord.
LJ Hooker App – This free app makes it easy to
search for new residential, commercial or rural
properties and also tracks the sun’s path across a
property.
Dictionary of Real Estate Terms App – This app
costs $1.99 and has over 3000 real estate industry
terms, covering every aspect of real estate
FAMILY FRIENDLY HOME WITH NORTH PARRAMATTA industry.
CORNER LOCATION
AUCTION 17/9/2011 AT 1PM ON SITE Property Investment Calculator App – This app
costs 99 cents. Designed to calculate the exact cost
Beautifully presented and completely renovated family friendly home full of
involved with maintaining the property from
character and charm. Occupying a 550sqm corner block of land, perfect for
families in search of privacy and tranquility. Featuring, quality renovated
interest rates, ongoing fees, rent etc.
interiors, impressive outdoor entertainment area and landscaped gardens.
The Property Depreciation App – This free app
Positioned in a sought after area of North Parramatta with bus stop at door aims to provide the investor with an estimate of
and in close proximity to Parramatta CBD, schools, public transport and the likely tax depreciation deductions available for
Parramatta lake. similar property.
This 3 bedroom brick home comes complete with:
* Separate lounge featuring fire place and polished timber floors
* Open plan dining and timber kitchen with stainless steel appliances, gas Contact Us
cook top and split system air- conditioning
* Tiled sunroom If you or someone you know is looking to buy, sell
* Two modern bathrooms or invest, please do not hesitate to contact us.
* Mirrored built-ins to main bedroom
* Fully fenced yards
* Huge outdoor undercover decking area, overlooking manicured and LJ Hooker Westmead
landscaped gardens p 02 9635 1555
* Double carport and storage space
f 02 9891 5862
Open for Inspection e westmead@ljh.com.au
rd th
Saturday 3 , 10 , 17th September 2011 at 12.30pm to 1pm.
Contact: Nadia Rafidi LJ Hooker Wentworthville
P: 9635 1555 M: 0403 475 994 p 02 9631 1555
E: nrafidi.westmead@ljh.com.au f 02 9631 6525
e wentworthville@ljh.com.au
Disclaimer
Disclaimer. This newsletter does not necessarily reflect the opinion of the publisher. It is intended to provide general news and information only. While every care has been taken to ensure the accuracy of the information
it contains, neither the publishers, authors nor their employees, can be held liable for inaccuracies, errors or omission. Copyright is reserved throughout. No part of this publication can be reproduced or reprinted without
the express permission of the publisher. All information is current as at publication release and the publishers take no responsibility for any factors that may change thereafter. Readers are advised to contact their
financial adviser, broker or accountant before making any investment decisions and should not rely on this newsletter as a substitute for professional advice.