i m a g e ®

The Crown Property Group Australia

Weekly Magazine

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Zoran Veleski 0411 350 999 (24/7)

Corporate Office: Shop 22/238 Slade Road, BEXLEY NORTH

Toll Free Number: 1800 70 70 88 Facsimile: 02 9150 5563 Email: zoran@crownpga.com.au

Web: www.crownpga.com.au

welcome

A more recently evolved ‘sister’ property type to the humble duplex – the ‘dual-key’ property will be explored. Dual-key properties are a fairly recent emergence; however they

have existed for decades in places such as Sweden, Japan and the United States. A dual-key property is effectively one main property, with one front entrance door/hallway. The property then has a living room, bathroom, kitchen and one or two bedrooms.

Sounds like any normal property so far; except that a dual key

property has an additional dwelling inside of it. Usually there’s an extra bedroom that has its own door lock. Inside the bedroom is a studio apartment with its own small kitchen and separate bathroom.

Unlike duplexes, dual-key properties enable one space to be shared by two separate parties or tenants. The property may have only one entrance/front hallway, through which all occupants enter. Some dual-key properties have only this as a common area, however most typically have a shared lounge and kitchen. Usually each tenant will actually have separate keys that unlocks only their own bedroom and bathroom spaces. Current

prestige markets are definitely not as advanced in the price cycle as previous highs in 2009 and 2010, there is still some way for that market to reach the top.

We hope you enjoy this edition of image.

Peter Veleski Zoran Veleski Managing Director CEO Business Hours: Monday-Friday: 8:45 am — 6:15 pm

Saturday: 8:45 am — 4:15 pm Sunday: By Appointment

Disclaimer: All information contained herein is gathered from sources we believe to be reliable, However we cannot guarantee its accuracy and any persons should rely on their enquiries. Dimensions are approximate.

ADVERTISING ENQUIRIES GENERAL ENQUIRIES Zoran Veleski Feedback or ideas for the magazine zoran@crownpga.com.au enquiries@crownpga.com.au

ISSUE 336

7TH JUNE 2014

contents

04 interest rate crash course: what’s

the relationship to the property

market?

05 open for inspection

05 rental list

08 experience the feeling

10 registration of purchaser’s interest

11 mortgage calculator

12 stamp duty on conveyances

3

Front Cover :

Vivid 2014 Sydney, Australia

An integral member of the Real Estate Institute of

NSW, REI Accredited in residential property, member

of the residential sales chapter & award winning agent

of most prestigious awards in the industry. Crown

Property Group Australia is keen to ensure that the

end product we all deliver is of the highest standard.

4

INTEREST RATES CRASH COURSE: WHAT’S THE RELATIONSHIP TO THE

PROPERTY MARKET?

RBA Day, has the whole industry pausing to check in at 2.30 – regardless of how sure they are that any change,

or non-change as has most recently been experienced, is

likely to be announced. Until 2.30, it's anyone's guess what could happen - and of course, "anyone" does

indeed guess.

Forecasting, predicting or, indeed, downright guessing

the RBA's next move, is now a favourite pass time of

everyone from economists from the head of our big four banks, to the first home buyer tuning in to the news.

They regularly survey different experts and ask them to

explain their reasoning, which has provided some interesting insight into how the Reserve Bank may

balance the different market forces in their own

decisions.

However, just as it's not always clear when the RBA will

make a change, and what that change might be, it’s also

not always clear what the impact actually is.

Can extended periods of low interest rates really cause a

property bust?

Do lower interest rates actually cause people to jump

into the property market?

The real impact of interest rates is heavily debated. An observer, back in January 2013, argued that interest

rates actually have very little effect on property. And

then, last month, a different observer called interest

rates more important now than ever before.

Pundits like to argue that in theory interest rates have little impact on housing markets, but due to the

deregulation of the Aussie financial system and higher household debt today, this is incorrect, as partly

evidenced by the impact of rate cuts since 2010.

Shifts in interest rates were formerly somewhat limited

in their ability to impact housing markets - since both

lending and deposit rates were strictly controlled - yet today the availability and expectations around the cost of

capital can be a key driver of market sentiment.

Regardless of who is right or wrong, it doesn’t stop the

first Tuesday of the month being of fascination across

the country and something that may have at least some impact on sentiment, if nothing more material.

The Reserve Bank has been on hold for an extended period of time. Having plotted the last 27 meetings

(since February 2012, the first meeting for that year)

including today’s, we’re in one of the lengthier periods of stability.

The last interest rate increase was November 2010, when a 25 basis point change increased the cash rate to 4.75 from

4.50. 10 meetings of no change ensued until one year

later, November 2011, the rate cutting cycle began, bringing the rates back to 4.50 and then to 4.25 after the

December meeting.

The other decisions are visible in the graph above, bringing

us to our record historic low interest rate of 2.50. In May,

RBA governor Glenn Stevens said that it is likely the most prudent course of action to have a long period of interest

rate stability.

This low, and the general direction of the rates from the

banks on offer being historically low as well, basically means that you can potentially aggressively pay down your

principal to give yourself some later breathing room and

build some equity, with extra repayments or even by retaining your usual rate of repayment that you had prior

to any decrease.

CANTERBURY, 46 Cooks Avenue

Rent: $570 p/w Property: HOUSE Open For Inspection: Thursday 5th June 5:30-6:00pm, Saturday 7th June 1:00-1:30pm & By appointment

EASY LIVING Available Now This delightful home provides three large bedrooms with built-in wardrobes in the second and third while the main has a walk in wardrobe

and ensuite. The main living areas provide separate lounge and dining rooms, and good size kitchen with gas cooking. The home also

has an internal laundry and internal access to the double lock up garage, the main bathroom has separate bath tub and shower. The

back yard is easy to maintain and enjoy.

SELLING NOW Suburb Address Bed Bath Toilet Car Legend Price Wednesday Saturday Sunday By Appointment

Bardwell Park Shops 1&2/46 Slade Road 0 0 1-2 2-4 • $275,000 EACH

Bexley 5/17-19 Eddystone Road 2 1 2 1-2 • $695,000 - $745,000

OPEN FOR INSPECTION as of Saturday 24th May 2014

•apartment •house •townhouse/villa •duplex/semi/terrrace

•land •commercial ▪auction this week

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LEASING NOW

BANKSTOWN, 17/170 Greenacre Road Rent: $420 p/w Property: UNIT Open For Inspection: By appointment GREAT UNIT Available Now This large two bedroom unit - with built-in wardrobe in the main, large living / dining area, good quality kitchen with room for a dining table, good size bathroom with bathtub, internal laundry and double tandem lock up garage. the property also provides large balcony and security intercom.

2 1 2 1

3 2 2 3

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VIEW: By Appointment

SELLING NOW: Private Treaty

Shop 1 (LOT 15) $275,000 GST inclusive &

Shop 2 (LOT 16) $275,000 GST inclusive

OUTGOINGS: COUNCIL: $ 296 p/q* WATER: $ 137 p/q* STRATA: $ 270 p/q*

AREA SIZE: Shop 1 (LOT 15): Total 55sqm* Shop 2 (LOT 16): Total 42sqm*

LEGEND: *Approximately

AGENT:

STREET FRONT SHOP OR OFFICE Shops 1 & 2 / 46 Slade Road, BARDWELL PARK

Style & Location: Situated on busy Slade Road & Exposure to 1000’s daily, you will find 2 shops side by side, walking distance to Railway station, Public transport & Bardwell Park RSL Club.

Main Rooms: Open or partitioned area & modern kitchen.

Additional Features: Two car spaces each, W.C. amenities, patio, remote control security shutters.

Summary: Great opportunity for investors or business owners alike. Suits number of uses e.g. professionals, finance, solicitors, tax accountants, medical, showroom, beauty saloon, etc. why pay rent when you can own your own.

Features:

- EXPOSURE TO 1000's DAILY * WHY PAY RENT WHEN YOU CAN OWN YOUR OWN

- OPEN OR PARTITIONED AREA & MODERN KITCHEN

- GREAT OPPORTUNITY FOR INVESTORS OR BUSINESS OWNERS A LIKE

- PATIO - SECURITY SHUTTERS

- SUIT PROFESSIONALS, FINANCE, SOLICITORS, ACCOUNTANTS, MEDICAL,

SHOWROOM, BEAUTY SALON etc

MOVING SYDNEY..

1800 70 70 88 24 hrs– 7 DAYS enquiries@crownpga.com.au

www.crownpga.com.au

All information contained herein, is gathered from sources we believe to be reliable. However, we cannot guarantee it’s accuracy and any interested persons should rely on their own enquiries.

Peter Veleski 0404 222 700

(24/7)>

Zoran Veleski 0411 350 999

(24/7)>

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BUYERS INFORMATION

SHOPS 1 - 2 2 - 4

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All information contained herein, is gathered from sources we believe to be reliable. However, we cannot guarantee it’s accuracy and any interested persons should rely on their own enquiries.

VIEW: Saturday 12:00 – 12:30pm, Sunday 11:00 – 11:30am & Wednesday 6:00 – 6:30pm SELLING NOW: “Sale by AGREED DATE” Offers Close Tuesday 17th June 2014 by 5pm or unless sold prior BUYERS GUIDE: $695,000 - $745,000 OUTGOINGS: COUNCIL: $ 285 p/q* WATER: $ 325 p/q* STRATA: $ 302 p/q* AREA SIZE: Total: 199sqm*

LEGEND: * Approximately

AGENT:

Style & Location: Stunning single level full brick & tile home offering a secure, convenient, quiet, tranquil & peaceful location. Moments’ drive to Westfield’s Hurstville & Sydney International Airport. Stroll to public transport, parks, school & Bexley shopping village.

Main Rooms: The residence offers 2 gracious size bedrooms, light filled open floor plan, large modern bathroom, Tasmanian oak timber kitchen with granite bench top & gas cooking.

Additional Features: Contemporary secure living, a gated housing estate that fuses urban flair and sophistication Single lock up garage with internal access & additional car space in front of garage (subject to strata), built-in wardrobes, internal laundry with external access & 2nd WC, no common walls, European floor tiles (no carpet throughout), split system air conditioners, video intercom, small boutique complex of eight, huge sun-kissed northerly aspect L shape courtyard with fishpond, undercover entertaining area & landscaped gardens. Single remote control to both front gate and garage roll-a-door. Keeping of small pets is subject to the approval by the owner’s corporation.

Summary: Move straight in, all the work is done – you just need to unpack! Don’t judge a book by its cover... if you do, that would be your first mistake. Not coming to the Open Home would be your second! .

Peter Veleski 0404 222 700

(24/7)>

Zoran Veleski 0411 350 999

(24/7)>

1800 70 70 88 / 24 hrs - 7 DAYS www.crownpga.com.au enquiries@crownpga.com.au

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BUYERS INFORMATION

VILLA 2 1 1-2 2

STEP INSIDE & BE PREPARED TO BE SURPRISED (small pets allowed, no common walls, area size 199sqm, strata $302 p/q)

5 / 17 - 19 Eddystone Road, BEXLEY

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Experience The Feeling

Sold is the feeling of success, moving on,

opening new doors & changing lives. Sold is

a moment of joy when new horizons open &

the next stage of your life’s journey begins.

Sold is what we at Crown Property Group

Australia achieve. Premium results that not

happen by chance.

Premium results. Premium reputation.

Premium feeling in the world.

Sold

Your Success

Is Our Success

1800 70 70 88 / 24hrs - 7 DAYS

Services: Selling | Buying | Leasing | Market Appraisal | Project Marketing | Commercial, Industrial & Retail | Business Agent, Finance, Strata Agent, Valuations & Financial Planning Arranged | Property Management

www.crownpga.com.au ®

MOVING SYDNEY..

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All information contained herein, is gathered from sources we believe to be reliable. However, we cannot guarantee it’s accuracy and any interested persons should rely on their own enquiries.

VIEW: Saturday 9:45 – 10:15am

SELLING NOW: OUTGOINGS: COUNCIL: $ 529 p/q* WATER: $ 240 p/q*

AREA SIZE: 15.255m* X 41.27m* = 619.7sqm*

LEGEND: * Approximately

AGENT:

HUGE POTENTIAL LAND SIZE 619sqm* 106 Holt Road, TAREN POINT Style & Location: Presenting unlimited potential this triple fronted home on the high side of the Road with a prized North Westerly

aspect on the desirable Taren Point Peninsula. Set in a prestige’s address surrounded by up – market waterfront homes. Currently a single level 3 bedroom home in live able condition. Perfectly located in a tranquil & serene area, it promises easy care living & close reach of village shops, deep water frontage, Hawkesbury & Taren Point Reserve, school, bowling club, childcare & City bus. 5 - 10 minute drive to Sylvania Southgate shopping Centre & Westfield’s Miranda.

Main Rooms: 3 gracious size bedrooms, separate living & dining area, original kitchen & bathroom.

Additional Features: Driveway to garage & carport, external laundry, sitting room, built-in robes, in ground pool, landscaped gardens,

Local Housing zone land, and potential duplex site subject to council approval. This is a property for everyone, investors, home occupiers, developers, builders and renovators.

Summary: Make this a family project. Add your own touches & you have a home to be proud of. This is a property of unlimited possibility

bound by your imagination, here for updating, restoring, extending or even creating a two storey home of your dreams (subject to council approval). Ideal to live in now and develop later. Potential and position like this is rarely available now days so don’t miss out!

Peter Veleski 0404 222 700

(24/7)>

Zoran Veleski 0411 350 999

(24/7)>

1800 70 70 88 / 24 hrs - 7 DAYS www.crownpga.com.au enquiries@crownpga.com.au

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BUYERS INFORMATION

HOUSE 3 1 2 2

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Sold

Your Success

Is Our Success

1800 70 70 88 / 24hrs - 7 DAYS

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Registration of Purchaser’s Interest

Property Address_______________________________________________________________

What do I do? The first step is to put your best offer forward to the property consultant. This offer is one that you believe is the correct value of the property, in accordance with other homes you have seen. From here, be prepared to negotiate. We suggest that placing a reasonable offer is a very good place to start sale proceedings. Once the offer has been submitted, our property consultant will do their foremost to negotiate a sale agreeable to both parties. In the past, it was the seller’s and agent’s opinions that mattered; now it’s your turn. You have a simple way of negotiating your dream home, which you would have previously missed.

NAME ___________________________________________________________________ ADDRESS ___________________________________________________________________ __________________________________________________ POSTCODE _____________ TELEPHONE: HOME ______________________________ WORK ______________________________ MOBILE______________________________ EMAIL ___________________________________________________________________ I would like to submit the following offer on the above property $______________________ Authorisation ________________________________________ Date_____________________

ABN 65 102 296 113

Shop 22/238 Slade Road, Bexley North NSW 2207 Ph: 1800 70 70 88 Fax: 02 9150 5563

www.crownpga.com.au

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HOME LOAN REPAYMENT GUIDE

HOW TO CALCULATE MONTHLY LOAN REPAYMENTS

Choose the ratio applying to the relevant interest rate and term of the loan. Then multiply this by the number of thousands of dollars required to be borrowed. E.g. If your loan is for $265,000 and the interest rate is 6.50% over 25 years, then the following calculation will give you the monthly loan repayment.

265 x 6.75 = $ 1,788.75 amount of ratio monthly loan from loan in thousands table repayment

COMPLIMENTS OF

Call anytime for a COMPLIMENTARY MARKET APPRAISAL

Zoran Veleski CEO, Crown Property Group Australia M: 0411 350 999 24/7

D: 02 9336 3899 F: 02 9150 5563 E: zoran@crownpga.com.au

All information contained herein, is gathered from sources we believe to be reliable. However, we cannot guarantee it’s accuracy and any interested persons should rely on their own enquiries.

RATE P.A 15 20 25 30

4.50% 7.65 6.33 5.56 5.07

4.75% 7.78 6.46 5.70 5.22

5.00% 7.91 6.60 5.85 5.37

5.25% 8.04 6.74 5.99 5.52

5.50% 8.17 6.88 6.14 5.68

5.75% 8.30 7.02 6.29 5.84

6.00% 8.44 7.16 6.44 6.00

6.25% 8.57 7.31 6.60 6.16

6.50% 8.71 7.46 6.75 6.32

6.75% 8.85 7.60 6.91 6.49

7.00% 8.99 7.75 7.07 6.65

7.25% 9.13 7.90 7.23 6.82

7.50% 9.27 8.06 7.39 6.99

7.75% 9.41 8.21 7.55 7.16

8.00% 9.56 8.36 7.72 7.34

8.25% 9.70 8.52 7.88 7.51

8.50% 9.85 8.68 8.05 7.69

Corporate Office: Shop 22/238 Slade Road BEXLEY NORTH NSW 2207 AUSTRALIA MOVING SYDNEY...

Services: Selling | Buying | Leasing | Market Appraisal | Project Marketing | Business, Finance & Valuations Arranged | Commercial, Industrial & Retail | Property Management

1800 70 70 88 / OPEN 7 DAYS www.crownpga.com.au

®

1800 70 70 88 / 24hrs - 7 DAYS

Services: Selling | Buying | Leasing | Market Appraisal | Project Marketing | Commercial, Industrial & Retail | Business Agent, Finance, Strata Agent, Valuations & Financial Planning Arranged | Property Management

www.crownpga.com.au ®

MOVING SYDNEY..

Consideration not exceeding

$

Duty

100,000 1,990

110,000 2,340

120,000 2,690

130,000 3,040

140,000 3,390

150,000 3,740

160,000 4,090

170,000 4,440

180,000 4,790

190,000 5,140

200,000 5,490

210,000 5,840

220,000 6,190

230,000 6,540

240,000 6,890

250,000 7,240

260,000 7,590

270,000 7,940

280,000 8,290

290,000 8,640

300,000 8,990

310,000 9,440

320,000 9,890

330,000 10,340

340,000 10,790

350,000 11,240

360,000 11,690

370,000 12,140

380,000 12,590

390,000 13,040

400,000 13,490

410,000 13,940

420,000 14,390

430,000 14,840

440,000 15,290

450,000 15,740

460,000 16,190

470,000 16,640

480,000 17,090

490,000 17,540

500,000 17,990

510,000 18,440

520,000 18,890

530,000 19,340

540,000 19,790

550,000 20,240

560,000 20,690

570,000 21,140

580,000 21,590

590,000 22,040

Consideration not exceeding

$

Duty

600,000 22,490

610,000 22,940

620,000 23,390

630,000 23,840

640,000 24,290

650,000 24,740

660,000 25,190

670,000 25,640

680,000 26,090

690,000 26,540

700,000 26,990

710,000 27,440

720,000 27,890

730,000 28,340

740,000 28,790

750,000 29,240

760,000 29,690

770,000 30,140

780,000 30,590

790,000 31,040

800,000 31,490

810,000 31,940

820,000 32,390

830,000 32,840

840,000 33,290

850,000 33,740

860,000 34,190

870,000 34,640

880,000 35,090

890,000 35,540

900,000 35,990

910,000 36,440

920,000 36,890

930,000 37,340

940,000 37,790

950,000 38,240

960,000 38,690

970,000 39,140

980,000 39,590

990,000 40,040

1,000,000 40,490

+ $5.50 for every $100 or part

Sta

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Value of Property Rate of Stamp Duty From 10 May 2007

up to - $500 000 NIL

$500 001 - $600 000 $26.10 per $100 or part thereof above $500 000

Homes valued up to $500,000 are stamp duty free for first home buyers and discounts on stamp duty are available on homes valued between $500,000 and $600,000.

Rate of Stamp Duty For First Homebuyers

Disclaimer: All information contained herein is gathered from sources we believe to be reliable, However we cannot guarantee its accuracy and any persons should rely on their enquiries. Calculation of Stamp Duties are approximate.

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