Posts Tagged ‘Glenelg Real Estate Agents’

Quick… watch this Youtube video and be the first to inspect before it’s open to the public…

Come and inspect this stunning three bedroom two story residence executive residence at 45 High Street, Glenelg. Situated in the heart of thriving Glenelg. This residence offers smart, sleek & exceptional living just a few steps away from Jetty Road &, Glenelg Beach.

This property is presented by Monika Bonet, Principal of Raine & Horne Glenelg, your Glenelg Real Estate Agent

Raine & Horne South Australia CEO, Kevin Magee answers the top real estate questions every month including “HOW’S THE MARKET?” in South Australia and “WHAT DOES THAT MEAN FOR ME?” in the process identifying real estate opportunities, clarifying trends and providing property market tips for Raine & Horne members, Buyers, Sellers, Investors (Landlords) & Tenants.

For ongoing & concise property updates, media scoops and tips follow Kevin on Twitter @rhSA_CEO or contact Raine & Horne Glenelg, your Glenelg Real Estate Agents and Glenelg Property Management Experts.

Many Glenelg homeowners are holding off from putting their property on the market as the media continue to report a market downtown and uncertain financial times. But the ‘best time to sell’ is often not what it seems. 

Some people sell to retire and buy something smaller. This blog post does not refer to them. But the majority of sellers at any given time are trading up to a bigger property to house their growing family or reflect their increasing wealth. These home owners will pay more for their next home, than they will get for the one they are selling ….and actually do better when the market is on the decline. The fact that they are spending more money second time round gives them an opportunity to make money on the transaction.

If the reason they think it’s ‘not a good time to sell’ is because they ‘will not get a good enough price’ for their home, then the logical next step is to realise that if the market prevents them from getting the price they want, it will also affect the sellers of the property they are trading up to…and the bottomline net gain remains with the person who is trading up. If you get $603,000 for your home in a cheaper suburb (which has been valued at $670,000), you may feel you are ‘losing’ $67,000 or around 10% of the value of your asset.

But if you (say) buy a more expensive home in a more expensive suburb such as Glenelg, which is (say) valued at $850,000 in the same market. Then the owners of that home will also ‘lose’ 10%, as you also will not be paying more than the current declining market value.

In paying 10% less for the Glenelg Property you will pay $765,000, ‘saving’ $85,000 – thereby ‘making’ $18,000 on the transaction. In other words you ‘saved’  more on the next transaction, than you ‘lost’ on the sale of your current home, so you are ahead by $18,000.

In fact, there are other advantages to trading up in a buyers’ market.

Because prices are stable and properties often take longer to sell, once vendors have sold their original property there is no rush to buy. They can take their time choosing and negotiating their next purchase without having to watch the gap between the price they got for their original property and the price they have to pay for their next one increasing at an alarming rate.

This blog post is brought to you by Raine & Horne Glenelg, your Glenelg Real Estate Agents and Glenelg Property Management Experts.

Adelaide renters are paying $15 a week more compared with this time last year and can expect further rises.

Real Estate Institute of SA figures show the median weekly rent in Adelaide hit $310 in the December quarter, up 5.1 per cent on the $295 weekly median from the 2009 December quarter.

Industry experts attributed the increasing rents to a tight market and interest rate rises.

The rise in weekly rent came despite a 5.5 per cent increase during the past year in the number of properties available for lease.

REISA president Greg Nybo said the rises were to be expected in Adelaide’s rental market, where the vacancy rate had hovered at or below 1 per cent for much of the past year.

“What we are now starting to see is the reality of a very, very tight rental market,” Mr Nybo said.

“When you have so many people looking for a limited product, rents are going to go up accordingly.

“A lot of landlords have also adjusted their rents with increases in interest rates and ongoing price rises for utilities.”

Statewide, the median weekly rent increased 5.5 per cent during the past year to $290. Mr Nybo said the larger statewide increase could be reflective of the state’s expanding mining sector and a mostly strong year for farmers.

“If the job is there and people are moving to the country for employment in mining or agriculture, it’s going to make for limited stock, which again means higher rents,” he said.

Mr Nybo said that with interest rate rises forecast for this year and no sign of demand letting up, similar increases in rent could be expected in 2011.

 Property Investors: Are you getting the right rent for your property in this market?  Find out what rent you should be getting…

Simply enter your property details and we will email you a free appraisal as to what your Glenelg or Western Coastal investment property should be renting for.

 Click here for an appraisal form

This blog post is brought to you by Raine & Horne Glenelg, your Glenelg Real Estate Agents and Glenelg Property Management experts.

Source: Adelaide Now

Watch this Video to hear from Raine & Horne SA’s CEO Kevin Magee, to find out what is happening in the SA Real Estate Market in December 2010.

This blog post and video is brought to you by Raine & Horne Glenelg, your Glenelg Real Estate Agents and Glenelg Property Management Experts

Watch this Video to hear from Raine & Horne SA’s CEO Kevin Magee, to find out what is happening in the SA Real Estate Market in November 2010.

This blog post and video is brought to you by Raine & Horne Glenelg, your Glenelg Real Estate Agents and Glenelg Property Management Experts

The Premier of South Australia, Mike Rann has just released video animation on his Youtube Channel, of the proposed commuter rail services to Flinders University and an underpass at the intersection between Main South and Sturt roads.

These improvements to the transport to Flinders University and Flinders Hospital are among a series of possible improvements outlined in the draft Darlington Transport Study being released for public feedback.

Watch this video for animation of the proposed tram to Flinders Hospital and Flinders University via an extension of the Tonsley rail line;

Watch this video for animation of the proposed underpass at the intersection between Main South Road and Sturt Road and depicting the connection to the proposed duplication of the Southern Expressway;

Source: youtube.com/user/PremierMikeRann

This blog post is brought to you by Raine & Horne Glenelg your Glenelg Real Estate Agents and Glenelg Property Management Experts.

The brand new $128M State Aquatic Centre and the GP Plus Health Care Centre are taking shape at Marion, with the new facilities expected to open early next year.

Project Director Steve Woodrow said it will be a world-class sport and health facility that allows people to get fit by exercise or keep well by visiting a health centre all at the same convenient location.

“The State Aquatic Centre will be FINA compliant and will be capable of hosting major state, national and selected international events”, Mr Woodrow said.

The GP Pus Health Care Centre will offer a broad range of health care services to the community with a range of professionals working together to help people stay healthy. The Marion Domain will also see the development of Adelaide’s first new Community Mental Health Centre to be co-located with the GP Plus Health Care Centre.

The State Aquatic Centre will be operational in early 2011 and has already been successful in attracting a number of major events, including the 2011 Australian Age Swimming Championships, 2012 World Life Saving Championships and the 2012 World Junior Diving Championships.

 Watch this video, to see Premier Mike Rann introduce the project;

 Source: Infrastructure.sa.gov.au

 This blog post is brought to you by Raine & Horne Glenelg your Glenelg Real Estate Agents and Glenelg Property Management Experts.

As summer holidays are just around the corner, Glenelg will be invaded every weekend enmasse by whirring pelotons of men clad in their eye-scorching yellow Peugeot Spandex and lycra, riding upon expensive $3,000 -- $20,000 carbon fibre racing cycles.

These enthusiasts live a Tour de France in their own minds every weekend, racing around Adelaide’s city roads, freeways and pushing steep hill climbs on country roads, stopping only to sip lattes en masse in beachside cafes.

At Tour de France time some of these enthusists even install stationary bikes in front of their TV and follow the le pack from les Pyrenees to Paris -- while still in Adelaide.

Research suggests that over the last decade Australians bought more bikes than cars. We now own about 1.4 million more bikes, compared with 1 million of their fossil-fuelled counterparts. The number of people who choose cycling as their method of commuting has also boomed -- by 2016, 5 per cent of all journeys to work is expected to be by bicycle, up from 0.8 per cent in 2006.

Undeniably cycling has arrived as the new men’s sport and has overtaken golf. So why has cycling boomed in Adelaide particularly for men?

In Adelaide the effect of the “Tour Down Under” and the “Lance Effect” has ignited the popularity of cycling for men, who have reacted to the excitement of the racing, and the environmental, health and practical benefits of pedal power.

The “Lance Effect” refers to the influence Lance Armstrong has had on the popularity of cycling worldwide. Armstrong’s popularity was evident in Adelaide last year when he sent out a tweet inviting people to come ride with him and Australian cyclist Robbie McEwan. Over 5,000 people showed up, creating chaos.

Lance has done this also in Los Angeles, Glasgow and Dublin, and he has been continually shocked by the overwhelming response that his messages evoked.

Cycling has now reached a fundamental turning point in popularity. Ten years ago bike riding was a specialist activity, but now bike riding is a mainstream activity.

Governments also understand that cycling is a good thing to back. For instance, the SA Government is including a bike plan in its transport blueprint and 30 year plan, and has put a lot of money into specialised bike infrastructure and the State Government is aligned into a national cycling strategy.

Although Australians now own more bikes than cars, many of us still intend to ride to work/shop/end of our driveways but never do – and this is one of the principal reasons why many of us are found looking wistfully (or resentfully) at cyclists from cars and buses.

Do you want to get aboard the cycling revolution?

If you would like to get fit and get involved in the cycling revolution this summer you don’t have to buy an avanti carbon fibre racing cycle and squeeve into lycra to enjoy this sport…

Just visit SA.gov.au to find Adelaide’s bicycle routes and maps, road rules and safety, education programs and more general information about cycling.

This article is brought to you by Raine & Horne Glenelg, your Glenelg Real Estate Agent and Glenelg Property Management experts.

Raine & Horne is thrilled to be involved with this year’s production of the Nine Network Australia’s The Block 2010 -- this year with two agents representing vendors on the series.

The first series of The Block aired in 2003, and quickly became the highest rating television series of all time. The second series ran in 2004 and was Channel Nine’s highest rating series for the second year running. Now, in 2010 the series is back and it is proving, yet again to be one of Australia’s most loved television shows.

Four couples are challenged to renovate their apartments in just eight weeks with a budget of $80,000 including $30,000 in cash from the Commonwealth Bank, $20,000 from Freedom Furniture, $15,000 from Freedom Kitchens and a $15,000 voucher from Reece.

Each week the couples present a room to the judges in order to win additional cash to go toward their budget. But in the end, it’s the buying public that will decide the winner when the four apartments are auctioned. The result; the couples will all keep the profit made from their apartment sale and the winners, the couple who make the most money at Auction, win the grand prize of $100,000.

The fantastic news for Raine & Horne is that two out of the four apartments in The Block are to be sold by Raine & Horne agents. The apartments, located on New South Head Road, Vaucluse, are to be auctioned in late November 2010. We offer our congratulations and full support to Mary Anne Cronin from Bondi Beach and Michael Pallier from Double Bay -- our representing agents.

Angus Raine, Raine & Horne CEO is really excited about the 2010 series.

“Raine & Horne has been involved in a previous series of The Block and are delighted to be involved again. It’s a fantastic series for the industry, generating the biggest audience in Australian television history, as well as genuine interest in both renovating and real estate. In addition, I’m confident that the Raine & Horne offices from Bondi Beach and Double Bay will do a brilliant job for their vendors. They are both members of Raine & Horne’s exclusive Chairman’s Club, they’re top performing, highly respected and professional”.

“With Raine & Horne being appointed on not just one apartment but two, it demonstrates the company’s prominence as a true superbrand in the marketplace.”

“The team at Raine & Horne wishes our teams every success.”

Watch The Block 2010 – Wednesdays at 7.30pm on Channel Nine

This article is brought to you by Raine 7 Horne Glenelg your Glenelg Real Estate Agents and Glenelg Property Management Experts.