Tuesday, March 31, 2009

Biggest lift in home prices in 16 months;Credit growth poised to recover (CommSec Economics)

CommSec have just released this incredible report supporting the fact property is performing well in Australia.


Click here to open the Article


It is way too soon to celebrate but it is extremely good news for property owners to see this type of news rolling out.



Enjoy the read,



Kind Regards




Anthony Toop, Managing Director.


www.toop.com.au


© Toop Real Estate Group

Ever considered resort style living?

For generations South Australian’s have holidayed by the beach during the long Summer months - pitching tents, pulling up their caravan or purchasing their own beachside shack just to get their slice of the golden beaches and rolling surf.
Along Adelaide’s metropolitan coastline, Glenelg has been known as a sea-side resort since the mid 1800s and while it remains a draw card for locals and tourists alike, the skyline has certainly changed over the years.
Today amidst the villas, row cottages and terrace houses you’ll find groups of single storey units, double storey flats and luxury high rise apartment complexes such as The Pier and Holdfast Shores - adding a further lifestyle dynamic to this already strong beachside destination.
Apartment living, while not for some, can be a fantastic option for many.
Ever thought that living in a resort would be nice? Well the newer apartment developments offer just that – with a gym, pool and even restaurant facilities, you couldn’t find yourself in a more convenient situation. Put this with a low maintenance, lock up and leave lifestyle, cosmopolitan Jetty Road just a stone’s throw away, plus some spectacular sea views and you’ll be the envy of friends and family in your new home.
For investors there are short and long term gains to adding a beachside property to your rental portfolio.
Traditionally seaside properties, especially those with views, have attracted a higher rent with a stronger yield in the short term while achieving a better capital growth in the long term, as opposed to suburbs further away from the coast. These properties are also being seen as a great alternative to the ‘beach shack’ by semi retirees who are investing first, with the view of a lifestyle change later on.
With all this in mind, why wouldn’t you consider a ‘sea change’?
Toop&Toop’s team of Glenelg sales specialists are holding an apartment expo this weekend, Saturday 28th & Sunday 29th March, where you’ll have an opportunity to view some of the fabulous properties we have available along the coast.
Want to know more? Go to www.glenelgexpo.toop.com.au or call our Glenelg team on 8294 8888.


Mandy Wurth, General Sales Manager

http://www.toop.com.au/


© Toop Real Estate Group


RP Data - Rismark Hedonic Property Value Indices release Mar 09

More information about the market’s performance from the leaders in Date, RP Data. This report was released only a few minutes ago…I will look over it over the next few days.

RP Data-Rismark Hedonic Property Value Indices release Mar 09 (PDF)



Anthony Toop, Managing Director.


http://www.toop.com.au/


© Toop Real Estate Group

Friday, March 27, 2009

Investor Signposts: Week Beginning March 29 2009

Another Gem report for property owners, they surely have a point, property is looking very good at present.



Those of you with questions about interest rates need to read the report, it covers this very well.



This is a summary of the CommSec report with Investor sign posts, easy read and loaded with great information.



Important Information
The summary and attached report has been prepared without taking account of the objectives, financial situation or needs of any particular individual. For this reason, any individual should, before acting on the information in this report, consider the appropriateness of the information, having regard to the individual’s objectives, financial situation and needs and, if necessary, seek appropriate professional advice. In the case of certain securities Commonwealth Bank of Australia is or may be the only market maker


Investor Signposts: Week Beginning March 29 2009 (PDF)



Enjoy the read



Anthony Toop, Managing Director.


http://www.toop.com.au/


© Toop Real Estate Group

Adelaide’s Mad March

Adelaide’s Mad March is nearly behind us and what a month it has been, both in and out of Real Estate.
Most of you following the market would have read in last Saturday’s Advertiser of our ‘Leabrook Estate’ sale seeing 10 registered bidders in a marathon auction culminating with a sold under the hammer at $3,305,000 and setting the benchmark for top end sales, not seen for a long time. Note: If you have a top end property, we need to hear from you as there are plenty of buyers active at the moment.
My view is that Adelaide people basically are getting tired of all the negative news and want to get on with their lives. It seems sensible to hold back on any big decisions for a while but ultimately we are not getting any younger and life will pass us by if we are not careful. The sun still rises in the east, and sets in the west... and your home is so important in providing a sanctuary for family and friends, particularly in times of change.
A report released here in Adelaide this week by CLEMENGER BBDO is a fantastic and worthwhile read. It is 10 pages of fascinating Adelaide research on “The financial crash and the rise of the family.” To me this document simply puts into print what Adelaidian’s intuitively know, it reinforces the way we are feeling and outlines the implications these feelings have on the way we do business with each other.
I have contacted my good friend Kim Boehm MD of CLEMENGER BBDO who has made the report available to our readers so click on

The Financial Crash and the Rise of the Family (PDF)

and treat yourself to this read.

Any real estate questions?www.asktoopie.toop.com.au

Anthony Toop, Managing Director.


www.toop.com.au


© Toop Real Estate Group

Friday, March 20, 2009

Who are the people in your neighbourhood?

Who are the people in your neighbourhood? The green grocer who recommends you the crunchiest apple in season; the passionate butcher who wakes up everyday to create and sell his famous stuffed chicken rolls; the husband & wife who run the newsagency and the bubbly barrista at the corner cafe… everywhere you go in South Australia you find these unique characters who together create a local community… your neighbourhood.
Then there are the people who recognize that your suburb isn’t just made up of houses… it’s created with homes.
The family owned real estate company who strive to get you the ultimate result when selling, want to find your family their ideal next home, help you manage your investment property or find a relative a place to rent.
While many things have evolved since we opened our doors for business in 1985, we’re still the same independently owned, local family business – just a bit bigger!
At Toop&Toop we are now, more than ever, your local real estate agency. With 5 offices spread across metropolitan Adelaide, from North to South and East to West, plus our Fleurieu team at Victor Harbor we look after the homes… and characters who create your community.
So, if you’re ever looking for real estate advice we’re just a stone’s throw away and happy to help. With almost 130 staff, there’s sure to be an individual in the Toop family who you’ll feel right at home speaking with.

Anthony Toop, Managing Director

 
www.toop.com.au <http://www.toop.com.au>

 
© Toop Real Estate Group

More rate cuts..the only question is when?

Today we broke the record for the highest residential sale at auction with the sale of Statenborough Estate under the hammer for $3,305,000…to get a look at it go to www.27statenborough.toop.com.au or click the link.

As part of our Inside Story site we have posted this interesting report as it has commentary in regards to the interest rate discussions by the Reserve Bank. The relevant minutes from the Bank are in this report.


RBA Board Minutes - 20 march 2009


Enjoy the read.

Anthony Toop, Managing Director.


www.toop.com.au


© Toop Real Estate Group

Thursday, March 19, 2009

Property Pulse by RP Data

Property Pulse is an excellent publication by RP Data and is really used by most of us as an inside industry report on what is happening in the market. We are subscribers to the information and have been given approval to share it with you.

Have a look into the current auction market around Australia but the most interesting information in this report is the coverage of the National Rental market.

PropertyPulse_190309.pdf


As reported in the press, my take on this is that SA has greater potential to see rents continue to grow and as covered in my weekly column, Adelaide property sits in a very good place to weather the Global Financial Storm.

Enjoy the read and do not forget to send any queries to www.asktoopie.toop.com.au


Anthony Toop, Managing Director.


http://www.toop.com.au/


© Toop Real Estate Group

Friday, March 13, 2009

Drawcard month for SA

Drawcard month for SA If you thought the festive season was busy, think again!
Right now South Australia’s event calendar is at its peak. Adelaide’s biggest motor race for 11 years in a row, the Clipsal 500 is just around the corner, The Fringe Festival with The Garden of Unearthly Delights is in full flight and WOMADelaide has just finished! We’re experiencing the ‘Festival Season’.
While this is a perfect time for locals to be out and about experiencing the Arts scene and V8 cars at their best, the real win for SA is these events are a huge draw card for interstate and overseas visitors.  This is fantastic as it gives our local economy a boost and very importantly, exposes your property to a lot more potential purchasers who are out and about, getting to know our great state.  
Many vendors are often hesitant to advertise their property when big events are on, thinking purchasers will have ‘better things to do’. The reality is that people are out and about, not home doing chores, so make the most of it!
While a lot of the boys will be at Clipsal next weekend, the girls will be out doing the initial house hunt. If more cars on the road and heavier traffic is frustrating you during this time look at the positive side… your home is potentially being viewed by more buyers driving past.
There’s no time like the present to put your home on the market. Over the next few weeks show off your property to all the locals enjoying their weekends, and the visitors who are thinking of an investment or an interstate move. After all, what better way to fill in time before going to see a Fringe show than looking through a property?


Mandy Wurth, General Manager Sales

www.toop.com.au <http://www.toop.com.au>

 
© Toop Real Estate Group

Friday, March 06, 2009

A Positive Experience

A Positive Experience Selling or buying a home is a very daunting task for many individuals. Often the reason for the change is emotionally driven and the process is stressful or frustrating.
At Toop&Toop we strive to make every transaction a positive real estate experience. We’re in the business of helping people to find the property that’s right for them – so for us, service is everything.
Over the years we’ve implemented a number of innovations to make house hunting that little bit easier and improve even further the service we provide to you, our clients. To begin with every home has its own home on toop.com.au so you can go directly to the source of information, regardless of whether you’re on your PC or Mobile eg. www.68Buxton.toop.com.au. By registering as a buyer or renter with VirtualAgentR you’ll be informed of new properties that meet your criteria before they hit the market through SMS or email.
We’ve even implemented a system to help you plan your day of open inspections, PropertyNavTM will put the properties you want to see in order of inspection time and load the directions on how to get there directly into your navigation system. Plus you can view the properties surrounding areas from Google Streetview.
With all these innovations, we still believe that classic people to people contact remains the strongest form of client service. So, for those of you who aren’t into technology and gadgets we’ve developed Client Concierge as your one stop shop when it comes to assistance and referrals to help you navigate the way through your Real Estate transaction.
One of our missions at Toop&Toop is to provide service to our clients of a standard unmatched in real estate. As our clients your experiences allow us to continually improve our services - without this we would be unable to grow and develop as a business. Your feedback is invaluable to us and we invite you to provide us with this. Just call Client Concierge on 8332 8888 to share your thoughts so that we can continue to strive to provide you with the ultimate Real Estate experience.


Mandy Wurth, General Manager Sales
 
 
www.toop.com.au <http://www.toop.com.au>
 
 
© Toop Real Estate Group