Adding value to your property (realestateview.com.au)

increase your asking price.

Here’s a few helpful pointers.

What does it mean and

how can you do it? Any reasonable vendor will

want to get the highest price for

their house come open or auc-

tion day. It’s a no- brainer. But

how can you add value to

yours? Or more specifically-

how can you add value on a

budget? As an agent, I stress to

my clients the importance of

educating themselves to buy,

but this also applies to selling.

While you need to consider the

risks of over capitalisation it is

true that simple, yet inexpen-

sive changes to the appearance

of your home can significantly

speculative exercise in bo-

gyman economics". The

Australian Government Re;

think Better tax, better Australia

discussion paper, released on

Monday, includes a section on

page 64 that discusses the im-

pact of negative gearing,

which is when the mortgage

interest repayments exceed

the rental income allowing the

landlord to claim a tax deduc-

tion. The paper admits "it does

allow more people to enter the

market than those who might

have had the equity alone to

do so. Purchasers can make

bigger investments in proper-

ty by borrowing".

Despite the property market

surging in Sydney and Mel-

bourne and negative gear-

ing again in the spotlight,

most experts are against

changing the policy as the

Government released a dis-

cussion paper on possible

tax reforms. "Surely, it's the

evil property investors that

have made the Aussie

dream increasingly unaf-

fordable to many?" says

AMP chief economist Shane

Oliver. "So let's kill them off

by, say, restricting negative

gearing to new dwellings.

"Sounds like good old com-

mon sense, but it's actually

simplistic nonsense.

"However, another expert,

Louis Christopher, manag-

ing director of SQM Re-

search, thinks it could actu-

ally be a good idea. "By al-

lowing negative gearing on

new residential properties

and off-the-plan develop-

ments, we are providing a

proper tax benefit to where

it is justified and needed

most: the construction and

development of new dwell-

ings." Others, such as the

Domain Group senior econo-

mist, Dr Andrew Wilson, isn't

keen on making such a

change, describing it as "a

Property investors’ use of negative gearing contentious (Domain)

Just Real Estate Today

Short points of Interest

• Australian households have the largest debts in the world.

• ‘Uninhabitable dump sells

for $1.803 million.

• China’s 57 storey sky-scraper built in just 19

days.

• New Melbourne apartment tower to be built, 200 metres tall but only 12

metres wide.

• Rent a Queensland castle

for just $550 a week.

• Under quoting has become a culture of the real estate

industry (Auction).

April 2015

Inside this issue:

Adding value to your

property

1

Property investors’ use of

negative gearing conten-

tious

1

Sale of the Month 2

For Sale 2

Our Team 3

For Rent Berwick 3

For Rent Berwick 3

Our People —

Steve Kustreba

4

New water rating for

replacement appliances

4

Interesting quotes 4

Just News

increase your asking price.

Here’s a few helpful pointers.

Think: Who are my buyers?

Value lies in the kitchen, bath-

room and garden. This is be-

cause they are usually the most

cost- heavy and time consum-

ing part of the house to alter.

When preparing your house

for sale, consider your target

buyers- who are they and what

are they looking for in a prop-

erty? While it is not unreasona-

ble to want to maintain the

home’s ‘personality the more

neutral in colour and design

your home is, the higher your

chances of attracting a wide

range of buyers. Small altera-

tions like retiling your bath-

room or giving a new coat of

paint can lift a room. It may also

be worthwhile investigating

second hand bathrooms and

kitchens. Remember- beauty is

in the eye of the beholder, so

while you may think your fuch-

sia pink wallpaper looks great,

others may not.

Think: How can I enhance my

outdoor space?

Much of the external changes to

your property such as garden-

ing, yard grooming or mainte-

nance can be done yourself.

Building a balcony or deck can

also be a simple yet cost effec-

tive additional to the outside of

your property, extending the

overall entertaining space of

your home. This is particularly

attractive when selling in warm-

er months such as spring or

summer. While building a pool

can seem like a logical option if

you have the means and space

to do so, this isn’t always an

appealing aspect to potential

buyers (ie; if buyers are in

search of low maintenance )

*

Experience &

Integrity with

a Passion

for Excellence If your thinking of selling, our professional sales team at Just Real Estate in Berwick

can help. Call us now for a free market appraisal, you may be pleasantly surprised!

9707 3322

13 Honeydew Street,

OFFICER

SOLD $320,000

This BRAND NEW home in the

Aspect Estate was sold after just

one Open for Inspection. Value

for money was at the forefront of

the purchaser’s mind. Proof

again that the property market is

still strong. It offers 4 bedrooms,

open plan lounge /modern kitch-

en & dining, fes and family bath-

room, ducted heating, a single

garage and fully landscaped gar-

dens.

If you are searching for a similar

property contact us at

JUST REAL ESTATE in Berwick on

9707 3322

We may have just the

right home for you

For Sale

SALE OF THE MONTH

Family Ready on 692 m2

Doveton - Offers over $360,000

5 Capella Close

Situated in a quiet court offering 3 bedrooms with a

bungalow/4th bedroom & a double garage. Room for

a caravan or boat & close to schools, and shops.

Brand New Townhouses

Berwick - Priced from $670,000 to $725,000

42 Buchanan Road

6 brand new townhouses, 3 beds, 2 bathrooms &

dble gge’s. 1 x 27sqs, 4 x 25 sqs and 1 x 20sqs.

Located in ‘Olde Berwick”.

Immaculate Porter Davis Home

Berwick - Offers over $495,000

20 O’Connell Street

Located in the ‘Chase’ estate, 4 bedrooms, main has

FES & WIR, high celings, floating floors, modern

kitchen, 2 living areas, al-fresco & dble gge. 27 sqs

Investors or First Home Buyers

Pakenham - Offers over $285,000

1 Samchelle Place

Located on the north side of Pakenham on a low

maintenance block. Offers 3 bedrooms, living-dining-

kitchen, split system air con and single garage.

36 Squares in Berwick Springs

Narre Warren South - $675,000

6 Mercy Court

Experience the Tropical feel with Palms and a fantas-

tic swimming pool, 4 beds + study, 3 living zones,

great views, dble gge and a block of 793 sq mtrs.

Berwick Village Investment

Berwick - $750,000

96A High Street

Positioned in High Street, recently renovated, currently

tenanted at $35,076 per annum linked to CPI, 99 sq

mtrs of floor space, entrance from street level.

*

If your thinking of leasing or selling your property, our professional team at Just Real

Estate in Berwick can help. Call us now for a free market appraisal, you may be pleasantly

surprised! 9707 3322

OUR TEAM For Rent

Great Location

CLYDE NORTH $415 per week 31 Frankland Street

Live opposite the lake in Cascades on Clyde, 4 bedroom Fairhaven home, fes, living area with views of the lake, modern kitchen with s/

s app’s, family room, al-fresco & dble garage. Available Now!

For Rent

PAKENHAM $280 per week 59 Annecy Way

Stunning new 3 storey townhouse with luxury fixtures and fittings. Situated in Cardinia Lakes, family room, large open-plan kitchen/ meals with S/S appliances, 2 beds, main bathroom, split system air

con, panel electric heating & sgle gge. Available: 2nd April, 2015

Experience &

Integrity with

a Passion

for Excellence

Barry Erlenwein

Gail Erlenwein

Steve Kustreba

Stephen Lamb

Kim Williams

Robin Lafferty

Marja Frederickson

Sue James

*

If you are thinking of LEASING your investment property with a different agency then speak

to our Property Management Team at Just Real Estate in Berwick, they have the passion

and local experience to make a difference. 9707 3322

Interesting quotes!

The best investment on earth is earth.

In investing what is comfortable is rarely profitable.

Know what you own and know why you own it.

A bank is a place that will lend you money if you can prove that you don’t need

it.

New water rating for replacement appliances (Consumer Affairs Victoria)

Our People

STEVE KUSTREBA

PROPERTY CONSULTANT

Steve is a highly qualified motor

mechanic & musician, he has 26

years experience in running his own

very successful business . Steve always

treats people with honesty & respect,

his people communication skills are

second to none. Steve has studied

real estate for years & is currently

pushing his further education to get

to the top of his field. Steve is a big

believer in logic and is a common

sense family man. He has lived in

city of Casey with his family for near-

ly 30 years and has built several high

quality properties as a private build-

er, great experience to have when it

comes to detail to sell your property.

Steve’s passion & determination to

succeed along with his warm, mellow

sales approach will ensure you are

looked after the best you can be.

Call Steve on 0417 366 336

JUST REAL ESTATE

22 Gloucester Avenue

BERWICK

Vic 3806

Phone : 9707 3322

Email : berwick@justrealestate.com.au

A new water efficiency standard now

applies to water appliances that are

replaced in rental properties and Cara-

van Parks. Replacement appliances

must have a minimum rating of 3 stars

under the Water Efficiency Labelling

and Standards Scheme.

The changes under the Residential Ten-

ancies Amendment (Prescribed Rating

for Replacement Water Appliances)

Regulations 2014:

* Require that when a water appliance,

fixture or fitting supplied by the land-

lord or caravan owner needs to be re-

placed, the replacement must have a

minimum efficiency rating of 3 stars

MAXIMUM EXPOSURE! We are very proud of our office in Berwick. We are situated along Gloucester Avenue in a prime

position for our sellers and property investors. Come in and meet our friendly and professional

staff to discuss any of your real estate needs.

under the national, compulsory Water

Efficiency Labelling and Standards

Scheme. *Apply to tenants and caravan

park residents who replace water appli-

ances as part of a urgent repair. *Make

special provision for premises where the

age, nature and structure of the plumb-

ing means that a three-star appliance

cannot work. In these limited cases, a

one or two-star appliance is permitted.

If a landlord or caravan owner installs a

replacement water appliance, fitting or

fixture that does not meet the minimum

efficiency rating (except for the limited

exception above) the tenant or resident

can issue a breach of duty notice.

Experience &

Integrity with

a Passion

for Excellence