Thursday, September 28, 2006

Spring has Sprung!

Our auctioneering team made up of Mike Rogers, Peter Fried, Phil Harris, Tim Thredgold and Anthony Toop were put to the test last weekend to auction a record of eighteen properties, achieving a clearance rate of 77.8%, well above recent industry averages.
This was our biggest weekend of auctions for the year with $7,939,000 worth of property sold, We see it as an indication of the strength of the property market in Adelaide. It was a great weekend for our vendors and our auctioneers. Spring has certainly got out of the starting blocks well. Its an exciting time of the year and this was certainly a true reflection from our results last weekend.
This weeks AFL football finals generally marks the starters gun for release of Spring stock. The big issue for Adelaide’s market relates to the availability of having sales and rental stocks. If we do not see a significant influx of houses for sale and rental within the first two weeks of October, prices are likely to begin another growth cycle. The market is currently being starved of properties and yet demand remains strong.
This has capped off an amazing week for us, and it doesn’t stop here, we are now looking forward to the 13th October to see how we go with the REISA Awards.
So for all of us here at Toop&Toop - Happy house hunting!


Anthony Toop, Managing Director.


www.toop.com.au


© Toop Real Estate Group

Tuesday, September 19, 2006

Finalists of the REISA Awards

Last Wednesday 6th of September
the Finalists of the REISA Awards were announced.
Toop&Toop are very proud to annouce that we are finalists
in the following categories:
Alex McGregor-Reid - Rookie of the Year
Peter Veitch - Salesperson of the Year
Len Allington – North Local Residential Salesperson of the Year
Anne Einarson – Hills Local Residential Salesperson of the Year
Phil Harris – East & CityLocal Residential Salesperson of the Year
Peter Brown – East & City Local Residential Salesperson of the Year
Golden Grove - Medium Agency of the Year
Norwood - Large Agency of the Year
Norwood - Large Property Management Agency of the Year
Corporate Marketing Campaign of the Year
Innovation of the Year
Website of the Year

We are very excited to be part of this years awards
and are very proud of our representation from our Sales Team.
We wish them the very best of luck.

We would also like to wish Phil Harris all the best as he is off to New Zealand
next week to compete in the Australasion Auctioneer Awards.


Anthony Toop, Managing Director.


www.toop.com.au


© Toop Real Estate Group

Spring tips for gardeners with “The Conservatory”

With Spring upon us, now is the time to plant magnificent Magnolias including the sensational new varieties “Black Tulip” and “Vulcan” with their rich crimson flowers, what a magnificent centre piece for any garden. Camellias and Azaleas are in full bloom and along with Weeping Cherries, herald the arrival of Spring.
We are looking forward to spending more time outdoors after a cold winter so make your garden your own personal paradise. After a relatively dry winter it is important to prepare for the warm, dry season ahead.
Perfect partners for the success of your garden applied now include:
• Compost and Rapid Raiser Organic Fertiliser
• Sudden impact for roses and lawns
• Phostrogen liquid fertilizer for herb seedlings and all garden beds
• Check watering systems - are they timed to water deeply?
• Matching is the key to gardening success, prepare to conserve precious water by applying mulch to all garden beds now.
• Rediscover the joys of gardening and recap the fruits of your labour.
Happy Spring gardening from all the team at Toop&Toop and The Conservatory Garden Centre (Unley Road).


Anthony Toop, Managing Director.


www.toop.com.au


© Toop Real Estate Group

Monday, September 04, 2006

$10m sale could be within sight

RHIANNON HOYLE
REAL ESTATE EDITOR
IT'S only a matter of time before an Adelaide property cracks the $10 million mark, according to our leading real estate professionals.
The top end of the market has never been hotter, with figures from the Real Estate Institute of SA showing 195 residential properties sold for more than $1 million in the past financial year.
It was a substantial jump from the previous year, where 160 $1 million-plus properties were sold - 27 of these in the Colley Terrace development.
Toop&Toop managing di­rector Anthony Toop said with Perth, Brisbane, Mel­bourne and Sydney all selling in the $10 million market, it couldn't be too long before an Adelaide home followed.
Adelaide's most expensive home sits at $5.3 million for the former Springwood Park home of bankrupt winemaker Andrew Garrett.
"When it comes to million dollar properties they are no longer a surprise sale like they would have been a few years ago," Mr Toop said.


"Perth in particular used to have very few top end sales but now are recording your $10 million and $15 million sales. Surely it's not too far off for SA. For the prestige of our property market, it's im­portant to see the top end continue to perform." Prov­ing this prestige market is very active, Toop&Toop have 396 active million dollar buyers on their system. Real Estate Institute president Mark Sanderson said an in­crease in interstate buyers had been one of the drivers behind much of the activity in the top end of the market. "If this trend continues we should expect to see the cur-rent barriers broken through," he said
Taken from The Advertiser

As quoted by the article 195million dollar homes were sold in South Australia last year. Of those 195 Toop&Toop sold 39 $1million dollar properties, 7 $2 million dollar properties and 2 $5 million dollar properties. Of those properties Toop&Toop hold the record for the highest $2 million property sold at auction, and the highest property ever sold (over $5 million dollar).We hold 24% of the market share for $million plus properties sold in South Australia in the last 12 months.At Toop&Toop we understand luxury homes, not any agent can sell them, not every buyer can afford them, but we know how to showcase them to find the buyer who can.

Anthony Toop, Managing Director.


www.toop.com.au


© Toop Real Estate Group