NEW Showcase Property Websites –Exclusive To Jeff Jones Real Estate

We have been in development now for about 6 months and gone back to the drawing board a few times but we finally made it this week!

A little background first. Everyone understands the importance of online marketing for properties.

Unfortunately most agents are happy just to offer the properties on the big portals (realestate.com.au, domain.com.au, etc) but I’ve always been frustrated by the restrictions they put on the marketing.

1. What if we wanted a video front and centre?
2. We spend a lot of time and effort getting photos just right, why can you only view them at 800x600 resolution? This is 2012!
3. Buyers want more information to make an informed decision? It’s hard to highlight body corp details, rates info on most of the portals.

So we came up with a solution.

Our first couple of properties have come online with their own dedicated sites, not a new concept but I don’t think it’s been done properly before. Check these out.

lislestreet.com
rochdaleavenue.com

Where Does The Real Estate Market Sit As 2012 Closes?

Yes we have another month to go but I have seen Christmas trees up so thought it was a reasonable time to have a look at the 2012 market. Let’s have a look at some of the latest data coming through on Greenslopes.

The number of properties for sale continues to fall slightly suggesting property owners are holding on to their homes rather than selling. Looking around the neighbourhood renovation work always seems to be taking place with people happy to add capital value to their dwellings.

In contrast sales volume remains steady but at levels not seen consistently since the mid 1990’s. What does this mean? As a property seller your chance of selling increases. Buyer numbers are constant but with less properties available your chances of selling are better. Certainly we have seen very reasonable selling times with average days on market sitting at 34 days for the second half of 2012.

Let’s look a little more long term.

The above graph shows the annual change in median sale prices over a 10 year period.

As at June 2012 we have seen a 8% per annum change in median price over 10 years, not a bad return for property investors. The crystal ball told us to jump out of the market in 2008, enjoy 14% per annum returns over 10 years and buy back in again now so if you have done that well done and next time let us all in on the secret!

Now for the very good news for investors. Let’s have a look at median asking rents.

As you can see the graph shows a consistent rise in rents and that is exactly what we are seeing. Over 70% of our lease renewals are attracting a rent increase and demand is still very high. Clearly there is still a strong desire to live in the inner city

So where to from here? I see steady sailing for 2013. Investors and owner occupiers are both active in the market and with interest rates at good levels. I predict a slight increase in sales volume and median sale price.

Matt Jones  |  0402 023 176
Greenslopes #1 Selling Agent

Renovate Here, A1 Location

If you’re in the mood for renovating, 42 Holland Street, Greenslopes is the place to do it.

You won’t find a better location, literally surrounded by some of Greenslopes finest homes.

The home, crammed with character features, is a surprisingly spacious 2 bedroom home, extended and improved over the years but ready for a new lease of life.

What an opportunity, I expect this home to generate a lot of interest so you had better move quick. Call me on 0424 149 026 to arrange a viewing.

Matt Jones
42 Holland Street, Greenslopes
$615,000

Fabulous Tarragindi Home :: Plenty Of Extras Here

This is your chance to get in first on what will undoubtedly be a sought after property.
Just look what you get at 41 Rochdale Avenue, Tarragindi.
:: 20 year old brick construction
:: Heaps of improvements including upgraded bathrooms
:: An amazing outdoor entertaining area complete with pool and spa
:: 3 excellent bedrooms, main featuring walk in robe & ensuite
:: A quiet street in a great location, just minutes from everything
:: Brilliantly maintained and absolutely spotless throughout



No open inspections just yet but again if you are super keen we can organise an early viewing. Let me know ASAP, I can’t see this hanging around.
41 Rochdale Avenue, Tarragindi. $645,000
Matt Jones 0424 149 026
Lots more information and photos at rochdaleavenue.com

Here’s A Home That Offers You A Little More

Located at the end of a cul-de-sac, 31 Lisle Street, Tarragindi is a beautifully maintained, three-bedroom family home offering space and convenience, whilst being only seven kilometres to the city.

The spacious living and dining areas feature attractive polished timber floor boards, recessed ceiling lights and a varied colour palate.
The dining room offers the space for casual entertaining with easy access to the kitchen through a large opening in a colourful feature wall.

The polished floorboards flow through to the galley kitchen which features ample built-in storage and classic design, with tiled splash backs along the benches.

Windows along one side of the kitchen offer plenty of light and views out to the back, while an extended bench on one side has a built-in breakfast bar.
On the other side, is a stainless steel oven, bench-top electric stove and built-in range hood.
The generously proportioned main bedroom has a walk-in wardrobe, while the other two bedrooms feature built-in wardrobes and large windows.
The bathroom offers separate bath and shower, quality fittings, terracotta-look tiled floors and attractive wooden blinds on the windows.

Downstairs, the home also offers plenty of additional living space with a huge rumpus opening out to well-maintained gardens in the back yard.
Priced at $590,000, our first open inspections won’t be until 24 November but there is an opportunity to inspect sooner so if this looks good let us know ASAP. We expect a lot of interest on this one.
Matt Jones 0424 149 026
http://lislestreet.com/

Buy At The Bottom Of The Market :: Cheap 1 Bedroom Unit

3/15 Cedar Street, Greenslopes is a renovated 1 bedroom unit, situated in a great location in a small block of just 5 units.

There are some great improvements including a quality, near new kitchen.

Priced at $248,500 and definitely worth a look, first inspection this Saturday, 17 November at 10.20.

Entry Level Unit Buying–Best Value In Coorparoo

At just $329,000 1/46 Nicklin Street, Coorparoo is one of the cheapest units on offer in the neighbourhood.

Look what's on offer:
:: Ground floor entry on an elevated allotment
:: A bright, airy, light filled living area with space for a lounge suite and dining table
:: 2 bedrooms well located away from the living space
:: Direct access to the unit from the garage
:: Current tenants pay $330 per week until February 2012

First inspections are this Saturday, 17 November at 11:40am.

Our Last FREE Investment Seminar for the year is on next week

 

Our FREE Property Landlord Workshop will keep you on track. A must attend for all investment property owners, find out what lies ahead. 

Topics include:

• Risk management
• Investment property holding costs and tax benefits
• Pool safety legislation
• Water consumption and charging
• Smoke alarms
• Landlord insurance
• Your rights and responsibilities
• Latest news
• Q&A

In addition there will be a mini trade fair with booths sponsored by businesses pertinent to property investing. Limited to only 100 guests, the event is sure to book up fast, so don't delay to reserve your seat.

Date: 15 November 2012
Venue: Nice Event Space. 433 Logan Road, Stones Corner
Time: 6:00pm for a 6:30pm start
NB: Catering will be provided at this event

More information & bookings here

Changes To Strata Laws In Qld

A bill to amend the Body Corporate and Community Management Act was introduced to parliament in September

The principal objectives of the bill are to:

• remove the requirement for bodies corporate to undertake a process to adjust contribution schedule lot entitlements to reflect the original entitlements prior to any, and all, relevant orders of a court, tribunal or specialist adjudicator;
• establish a process for contribution schedule lot entitlements that were adjusted pursuant to the 2011 reversion process to be changed to reflect the lot entitlements that applied to the scheme prior to the application of the reversion process;
• remove certain disclosure requirements for sellers of lots in community titles schemes and;
• provide jurisdictional consistency for the resolution of disputes about contribution schedule lot entitlement adjustments.

The bill can be viewed at:  http://www.legislation.qld.gov.au/Bills/54PDF/2012/BodyCorpOLAB12.pdf`

Chris Gray discusses the changes on Sky news  http://youtu.be/yb-K1pHLnDE