Ocean Grove Real Estate Update July 2017

Ocean Grove Real Estate Update July 2017

  Ocean Grove Real Estate Update Here is a quick snapshot of the Ocean Grove Real Estate Market…   Medium Price up 10%: Unprecedented demanded in a number of price brackets has produced some incredible results over the past 12 months and has fuelled the increase in the median price by over 10%. Demand: Overall, Ocean Grove property in all segments is performing extremely well in the current market. Demand is particularly strong for “Old Ocean Grove”. With land in this area rarely becoming available, developers and savvy investors are snapping up these large blocks in this Residential Growth Zone. This leafy area also continues to be in hot demand for family buyers, looking for close proximity to Ocean Grove Primary School and within walking distance to the main street. Quality new family homes in Kingston & Oakdene Estates within the $550,000 – $750,000 range are also in high demand for families seeking a smart, low maintenance lifestyle and investors looking to capitalize on the strong rental returns. For first home buyers and those seeking potential with a keen eye for renovation, “Old Collendina” still provides the best of both worlds for those not wanting to pay premium price but still be within walking distance to the beach! Off Market Transactions: The last 12 months has shown a trend towards agencies selling homes “off market” (10% of Hayden Real Estate’s last 100 sales did not get listed on realestate.com.au.) Having a large accessible database of willing buyers is an important factor for this type of transaction. Engaging our clients through our bi-weekly podcast, email, SMS and social media, means that they can view the property before it hits the market. First...
Hayden Real Estate Ocean Grove Wins Agency of The Year

Hayden Real Estate Ocean Grove Wins Agency of The Year

Hayden Real Estate wins Agency of the Year in the RateMyAgent 2016 Agent of the Year Awards Hayden Real Estate has won the Agency of the Year award in the RateMyAgent 2016 Agent of the Year Awards.  The awards, which are the largest real estate awards in Australia, recognise those agents and agencies that have ranked the highest based on customer reviews and feedback.   “It is gratifying to have some recognition for the team. Our guys all work really hard to get great results and it is fantastic to be rated so highly by our clients.” – Hugh McKewan, Director, Hayden Real Estate Ocean Grove. The RateMyAgent Agent of the Year Awards compare over 26,000 agents and agencies across the country.  They highlight the leading real estate agents and agencies in each suburb, city and state across Australia, and on a national level. “The RateMyAgent Agent of the Year Awards are the only awards which use verified customer reviews and feedback, so they’re an honest gauge of the customer service an agent has provided,” said RateMyAgent CEO & Co-Founder, Mark Armstrong.  “These awards are the only industry awards to put sellers’ needs first, using customer reviews as a leading indicator of an agent’s success over 2016.” The awards, which are in their third year, are the only major customer choice awards for the real estate industry in Australia.  Rather than being judged by industry peers, the awards are calculated based on the reviews that customers provide on the RateMyAgent website. About ratemyagent.com.au | Agent of the Year Awards ratemyagent.com.au is Australia’s No. 1 real estate agent ratings and statistics...
State Revenue Office Calculator – Pensioner Exemption or Concession

State Revenue Office Calculator – Pensioner Exemption or Concession

This calculator will determine your Duty Payable after taking into account the pensioner exemption or concession, inclusive of the Principle Place of Residence reduction. Current (from 1 July 2012) threshold for Pensioner Exemption or Concession A full exemption applies where the value of the land and dwelling is not more than $330,000 per eligible applicant. Partial concession applies where the value of the land and dwelling is more than $330,000 but less than $750,000 (on a sliding scale). No exemption or concession is available where the value of the land and dwelling is more than $750,000. This calculator can be used to determine the duty where an eligible pensioner purchases a fractional interest in a property, irrespective of whether the eligible pensioner purchases with another person who is eligible or not. CALCULATOR...
Lots 1-5 Smithton Grove, Ocean Grove – SOLD

Lots 1-5 Smithton Grove, Ocean Grove – SOLD

Commercial Land For Sale Lots 1-5 Smithton Grove, Ocean Grove  Fantastic commercial allotments in the heart of the Ocean Grove business hub SOLD!     Comparable sales in Ocean Grove Industrial estate (of which there are only a few!) 56 Grubb Road        – 664 m2      –  $605,000  (2016) Main Road frontage with a showroom/factory 39 Smithton Grove  – 1338m2      –  $402,000 PLUS GST (2013) land 41 Smithton Grove   – 1335m2     –  $377,000 PLUS GST (2013) land with Knock down...