IN SHORT……..

· Interest rates are at an all time LOW so SELL SELL SELL

· With great tax breaks for investors,  building a portfolio is a stable investment.

· Owner’s have taught us that there are   RESPONSIBLE    tenants with pets out there who prefer long term commitments.

· PLEASE PLEASE PLEASE check up on your Building’s Insurance Policy to ensure up to date coverage and adequate value for your Property.

 

Time is flying by. There are now only 3 months left in this financial year, not long to      organise a Tax Depreciation package for your Investment properties.  With interest rates lower than ever, now is the perfect time to add to your Investment Property Portfolio, and although the market has softened a little, plenty of great tenants are still out there looking for clean, fairly priced homes in all of Perth’s suburbs.  Advertising content is crucial to attract prospective tenants and minimise vacant periods, but most importantly, securing the right people for your property means that your Property Management Team is      available to show vacant properties AFTER office hours when people have finished work. Our willingness to show Tenants vacant Properties after hours and at Weekends is just one of the reasons that

V L Property Partners are a cut above the rest!

THINKING OF SELLING???

 

Dear Clients,

 

REIWA statistics from 2008 showed over 18,000 properties for sale in Perth… a bad time to sell. By June 2012 there were 13,291      properties for sale… slowly improving but not much better. Now in 2014 there are 10,051 properties for sale in Perth. This means that combined with the historically low interest rates available,  families wishing to upgrade or   downsize are in the enviable position of being able to achieve a great price for their Property.  One major reason for this is the first home   buyers entering into home ownership. This group of purchasers have had a great impact for sometime now, resulting in a large reduction of the properties available today.

 

We can’t predict the future, but right now we know that market forces are in the Sellers   favour. How long these circumstances last is in the lap of the Gods, so it does feel that the time to SELL IS NOW.  

 

We at V L Property Partners pride ourselves on our regular personal contact with all our Clients, Investors and Tenants.  Our goal is to keep your best interests at heart at all times. 

 

With selling in mind we are pleased to         Introduce our newest staff edition

 

Lauren Thumwood

 

Who is looking forward to the additional      commitment to property sales. So please do not hesitate to contact our office if you would like up to date information on the Current    Market Value of your home or Investment property. Our knowledge and expertise in the Real    Estate Market is our FREE service to our       VALUED clients.

   CHIT CHAT NEWSLETTER

             ISSUE NINE MARCH 2014

      04007 40225

     www.vlpp.com.au

We would like to wish all Clients, Investors and Tenants a happy, safe and enjoyable Easter Holiday.

 

Warmest Regards

 

V L Property Partners

REIWA REAL FACTS

Week ending 26 March 2014. Real Facts is also available on REIWA’s iPhone app.

Median Rent: $460 p/wk

Vacancy Rate: 4.1%

 

Source: www.reiwa.com.au

PROPERTY SALES FOR PERTH

Last Week

 

 

 

House

Units

Land

Total

659

167

72

898

4 weeks ago

 

 

914

Same week last year

 

 

974

TOP SELLING SUBARBS

North of River

 

South of River

 

Dianella

12

Como

14

Landsdale

11

Baldivis

13

Scarborough

11

Gosnells

13

PROPERTY LISTED FOR PERTH

Sales

Last Week

 

 

 

House

Units

Land

Total

6,691

2,022

1,338

10,051

4 weeks ago

 

 

9,207

Same week last year

 

 

8,467

Rentals

Listed for Rent

4,965

4 weeks ago

4,982

Same week last year

3,157