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Sep 28, 2023
Unlocking the Secrets of Successful Home Buying: Why Engage a Buyers Agent in Perth?
Are you on the hunt for your dream home in Perth? The real estate market in Western Australia's capital can be a rollercoaster ride, with fluctuating prices, competitive bidding, and a multitude of choices. It's easy to feel overwhelmed and uncertain about making the right decision. That's where a Buyers Agent comes in as your trusted ally in this real estate adventure. In this blog post, we will delve into the compelling reasons why engaging a Buyers Agent in Perth is a game-changer and how it can benefit you as a purchaser. Local Expertise: When it comes to real estate, location is everything. Perth's neighborhoods can vary significantly in terms of property values, lifestyle, and future growth potential. A Buyers Agent in Perth possesses an in-depth knowledge of the local market, enabling them to guide you towards neighborhoods that align with your preferences and budget. Access to Off-Market Listings: The best properties in Perth often sell before they even hit the market. Buyers Agents have access to exclusive off-market listings, giving you a competitive advantage. These off-market opportunities can help you secure a property that perfectly suits your needs, without the intense competition found in the public listings. Negotiating Power: One of the key benefits of hiring a Buyers Agent is their negotiation skills. They act as your advocate, negotiating on your behalf to secure the best possible deal. Whether it's price negotiations or contract terms, their expertise can save you thousands of dollars and provide peace of mind throughout the process. Time Savings: Searching for a home can be a time-consuming process. A Buyers Agent takes the burden off your shoulders by conducting extensive research, attending property viewings, and shortlisting homes that meet your criteria. This saves you countless hours, allowing you to focus on your daily life. Objective Advice: Emotions often run high when buying a home. Buyers Agents offer objective advice, helping you make informed decisions based on market data, property evaluations, and your personal goals. This ensures you don't make impulsive choices that you may later regret. Industry Connections: Buyers Agents have a vast network of industry connections, including real estate agents, mortgage brokers, and property inspectors. They can recommend trusted professionals to help facilitate a smooth buying process and ensure you're working with the best in the business. Cost-Effective Investment: While you may think hiring a Buyers Agent is an additional expense, their services can actually save you money in the long run. Their expertise in identifying value and negotiating favorable terms can result in a more cost-effective investment. Engaging a Buyers Agent in Perth is not just a wise choice; it's a strategic investment in your future. Their local expertise, access to off-market listings, negotiation skills, and time-saving abilities can transform your home buying journey into a stress-free and successful experience. When you partner with a Buyers Agent, you gain a trusted ally who is dedicated to helping you find the perfect property at the best possible price. So, if you're ready to embark on your home buying journey in Perth, consider enlisting the services of a Buyers Agent and unlock the secrets to your dream home. Contact Mi Casa Property Boutique today to learn more about how our Buyers Agent services can benefit you and lead you to the doorstep of your dream home in Perth.
Sep 14, 2023
Renovate for profit or Renovate to retain?
The Benefits of Boutique Real Estate Services: Elevate Your Property with Mi Casa In the bustling real estate market of Perth, Australia, there's a growing demand for personalised, boutique services that go beyond the traditional. At Elevate by Mi Casa, we recognise this shift and are proud to lead the way. Homeowners and investors alike are no longer seeking just a transaction; they're looking for a partnership, a guiding hand that truly understands their unique needs and aspirations. That's why we've introduced our specialised renovation services. Whether you're looking to renovate for profit or to retain, we have a service tailored just for you. 1. Personalised Approach: At Elevate by Mi Casa, we pride ourselves on offering a personalised service. Unlike larger firms where clients might feel like just another number, our boutique approach ensures a more tailored experience. This means understanding your specific needs, preferences, and long-term goals. 2. Renovate for Profit: The Perth property market is dynamic, and to stand out, properties need to be showcased in the best possible light. Our 'renovate for profit' service is designed for those looking to sell their property. By making strategic renovations, we can transform properties to appeal to the current market trends, thereby maximising the potential return on investment. This service is not just about making a property look good; it's about understanding the market, the potential buyers, and making changes that will drive up the property's value. 3. Renovate to Retain: Not everyone is looking to sell. Some homeowners have found their forever home but wish to make it truly theirs. Others might have recently purchased a property and want to make changes before moving in. Our 'renovate to retain' service is perfect for these homeowners. Whether it's a simple facelift or a complete overhaul, we ensure that renovations align with your vision and enhance the property's long-term value. 4. Expertise and Knowledge: With Elevate by Mi Casa, you're partnering with experts. We understand the local market, the latest design trends, and have a network of trusted professionals to get the job done. This expertise ensures that renovations not only look good but are also functional and add real value to the property. 5. Cost-Effective Solutions: One might think that personalised services come with a hefty price tag, but with Elevate by Mi Casa, that's not the case. With our in-depth knowledge of the market and a vast network of professionals, we often find cost-effective solutions without compromising on quality. 6. Peace of Mind: Renovating a property, whether for profit or personal use, can be stressful. By choosing Elevate by Mi Casa, you can have peace of mind knowing that experts are handling every aspect of the project, from planning to execution. The real estate landscape in Perth is evolving, and at Elevate by Mi Casa, we're at the forefront of this change. Our personalised approach and specialised renovation offerings set us apart. Whether you're looking to maximise profits or create your dream home, we have a service tailored just for you. So, the next time you think of renovating, consider the benefits of partnering with a team that truly cares about your vision and goals. Elevate your property with Mi Casa.
Aug 8, 2023
The Settlement Journey: A guide for homebuyers
The Settlement Journey: A Guide for Homebuyers Buying a home is a significant milestone in anyone's life, and for first-time buyers, it can be both thrilling and overwhelming. The settlement process, in particular, may seem complex and time-consuming. To ease the burden and help you navigate this journey with confidence, we have put together this informative timeline. Here's a step-by-step guide to what is required from you, the purchaser, when buying a house. Step 1: Making the Offer When you find a house that captures your heart, approach the sales agent and request an Offer Form or Contract of Sale. Take your time to carefully review the document, ensuring that all special conditions are included, and any changes are initialed. Most importantly, remember to nominate your chosen settlement agent as your Conveyancer on page 2 of the Contract of Sale. Step 2: Congratulations! Your Offer is Accepted The seller has accepted your offer, and now it's time to ensure all the conditions outlined in your offer are met for the smooth settlement of the transaction. Start by paying the deposit to the Selling Agent's trust account. Additionally, promptly send the Contract of Sale to your settlement agent. If your offer included conditions for a timber, pest, or building inspection, take immediate action to arrange these inspections and send us the results for verification. For those who have included a finance clause, waste no time in commencing your finance application with your broker. Keep us informed of your progress and let us know when you receive finance approval. Don't forget to plan your final inspection with the Selling Agent and set up new gas and electricity accounts in preparation for the move. Step 3: Securing Finance Approval Once you have received finance approval, it's time to take the following steps: Sign all settlement documents Sign all bank contracts Prepare your funds for settlement At this point, you can entrust your settlement agent to handle the settlement process on your behalf. Step 4: Settlement Day On the day of settlement, relax and let your settlement agent handle the intricacies. They'll ensure all necessary steps are taken care of so that you can focus on the excitement of owning your new home. Once settlement is complete, you can collect the keys from the sales agent and embark on your new journey as a homeowner. The home buying journey, especially the settlement process, can be complex, but with careful planning and the right guidance, it can also be an exciting and rewarding experience. By following this handy timeline and relying on the expertise of your settlement agent, you can confidently navigate the settlement journey and soon call yourself a proud homeowner. Congratulations on taking this important step towards securing your dream home!
Jun 30, 2023
Applecross Real Estate: A Treasure Trove for Perth Homebuyers
For homebuyers seeking an enviable lifestyle in one of Perth's most popular real estate destinations, Applecross Real Estate offers a particularly enticing option. This charming suburb is a treasure trove, featuring a bustling café culture, esteemed educational institutions, and much-loved local attractions, each contributing to the allure of owning a property in Applecross. Let's dive into some of these lifestyle offerings. Applecross Cafés: A Treat for the Tastebuds The café scene in Applecross is a coffee connoisseur's dream come true. Our recent article titled Applecross Cafés - absolutely spoilt for choice! paints a picture of the area's rich café landscape. From your daily caffeine dose to social outings with friends, the variety of cafés in Applecross is sure to elevate your coffee experiences. A property in Applecross brings you closer to this café cornucopia, enhancing your lifestyle with an array of culinary delights. Applecross Schools: Securing a Bright Future An investment in Applecross real estate extends beyond owning a stunning home; it's also an investment in quality education. Our post titled Opportunities: Applecross Real Estate and Local Schools emphasises the suburb's reputable schools, both state and private, that cater to diverse educational needs. For families, a home in Applecross offers an opportunity to secure an outstanding educational future for their children, adding immense value to their property investment. Goolugatup Heathcote Reserve: Applecross's Green Heart For families seeking recreational spaces you simply cannot go past Goolugatup Heathcote Reserve as one of Perth's favourite playgrounds with sweeping views across the Swan River. In our post Goolugatup Heathcote Reserve: A Family Centred Playground in Applecross, we explore this picturesque oasis offering a wide range of activities, rich history, and natural beauty. Buying property in Applecross means this serene and verdant sanctuary is practically in your backyard. The appeal of Applecross real estate goes beyond beautiful properties. It's an investment in a vibrant lifestyle that includes a thriving café scene, top-tier schools, and abundant natural beauty, all within a short drive to the Perth CBD. Contact Mi Casa to find out how we can help secure your dream home here and invest in a lifestyle that is as diverse as it is enriching.
May 25, 2023
Exceptional Education Opportunities: Applecross Real Estate and Local Schools
Looking to buy a new home in Applecross? Aside from the leafy streets, majestic views and close proximity to the Perth city Applecross and neighbouring suburbs are home to some of Perth’s most prestigious schools that cater to a diverse range of educational needs. In this article, we will explore a number of renowned state and private schools and highlight the exceptional educational opportunities they offer to families in the Applecross area. Investing in Applecross real estate not only means securing a beautiful home but also ensuring your family's educational future. All Saints' College Website: https://www.allsaints.wa.edu.au/ All Saints' College, located in the heart of Applecross, is an esteemed co-educational Anglican school offering education from Pre-Kindergarten to Year 12. Founded in 1981, the college has established a strong reputation for its holistic approach to education, fostering the development of students' academic, social, physical, and spiritual dimensions. All Saints', students benefit from a supportive and nurturing environment, where their individual needs and aspirations are prioritized. The college places great emphasis on academic excellence, with a comprehensive curriculum that covers a wide range of subjects, including STEM, humanities, languages, arts, and sports. Aquinas College Website: https://www.aquinas.wa.edu.au/ Located adjacent to Applecross, Aquinas College is a prestigious Catholic boys' school renowned for its long-standing tradition of academic excellence and holistic education. Founded in 1938, Aquinas College has consistently maintained its position as one of Western Australia's leading secondary schools. Aquinas College places a strong emphasis on character development, fostering leadership qualities, and promoting values such as integrity, respect, and service to others. The school encourages students to participate in a variety of extracurricular activities, including sports, music, drama, art, and community service programs. Aquinas also offers a range of enrichment programs, including academic competitions, cultural exchanges, and international study tours, providing students with unique opportunities for personal growth and development. Applecross Senior High School Website: https://applecross.wa.edu.au/ Applecross Senior High School is a highly regarded public co-educational institution catering to students from Year 7 to Year 12. With a focus on academic excellence, the school provides a comprehensive curriculum that encompasses a wide range of subjects, including mathematics, sciences, humanities, languages, arts, and vocational education. The school's commitment to fostering holistic development is evident through its extensive extracurricular offerings, including music, drama, sports, clubs, and community service programs. Applecross Senior High School equips students with the skills and knowledge needed to thrive in their chosen pathways beyond high school. Ardross Primary School Website: https://www.ardrossps.wa.edu.au/ Ardross Primary School, a leading public primary school, prioritizes the growth and well-being of its students from Kindergarten to Year 6. The school focuses on creating a nurturing and supportive environment, encouraging students to develop a love for learning and explore their individual strengths. Ardross Primary School offers a well-rounded curriculum that emphasizes literacy, numeracy, STEM, humanities, arts, physical education, and digital technologies. With a dedicated team of educators, the school fosters academic excellence while also promoting personal growth, resilience, and social responsibility among its students. Mount Pleasant Primary School Website: https://mountpleasantps.wa.edu.au/ Mount Pleasant Primary School is another highly regarded public primary school situated in Applecross. With a strong emphasis on fostering positive relationships and inclusive practices, the school provides a safe and supportive environment for students from Kindergarten to Year 6. Mount Pleasant Primary School's curriculum focuses on literacy, numeracy, STEM, humanities, arts, physical education, and languages. The school promotes student engagement through various extracurricular activities, including music, visual arts, sports, and community involvement, allowing students to explore their interests and talents beyond the classroom. St. Benedict's School Website: https://stbenedicts.wa.edu.au/ St. Benedict's School is a prominent Catholic primary school that caters to students from Pre-Kindergarten to Year 6. Guided by the teachings of Jesus Christ, the school fosters spiritual, academic, and personal growth in a caring and inclusive environment. St. Benedict's School offers a comprehensive curriculum that integrates faith, learning, and life skills. In addition to core subjects, the school provides opportunities for students to engage in religious education, music, physical education, and extracurricular activities that promote teamwork, creativity, and social responsibility. Applecross Primary School Website: http://www.applecrossps.wa.edu.au/ Applecross Primary School is a highly regarded public primary school that focuses on developing well-rounded students from Kindergarten to Year 6. The school's curriculum emphasizes literacy, numeracy, STEM, humanities, arts, physical education, and languages. Applecross Primary School promotes a positive and inclusive learning environment, fostering the academic, social, emotional, and physical development of its students. The school encourages students to participate in a range of extracurricular activities, including music, sports, clubs, and community initiatives, nurturing their interests and talents outside of the classroom. Investing in Applecross real estate not only grants access to a remarkable living environment but also ensures that your family has access to quality education. These outstanding local schools contribute to the fabric of the community, equipping students with the skills, knowledge, and values necessary to thrive in an ever-changing world. With a commitment to excellence, these schools make Applecross an ideal destination for families seeking a well-rounded and enriching educational experience.
Mar 30, 2023
WA Property market update 2023
We are pleased to share with you some insights and resources on the WA property market, particularly on how it will be affected by the recent interest rate rise. According to our CEO Cath Hart, the WA property market has strong local market fundamentals that will cushion the impact of the interest rate rise. WA's economy is strong, unemployment is low, there is population growth, and affordable housing options are available. All these factors will continue to support the market in the long term. While other states have already seen a significant decline in property prices, we remain optimistic about the WA market. As Ms. Hart explained, history shows that WA's property market is often out of cycle with the east coast, and that the current situation is not an exception. One reason for WA's resilience is the subdued effect of the COVID pandemic on the property market, which means there has been less of a correction compared to other capitals that saw dramatic increases in property values. We encourage you to seek local sources of information, particularly from REIWA, to better understand the market. Our agents have specialised knowledge of the WA market and are in touch with what is happening in their respective areas. While the interest rate rise will have some impact, it is not the only factor that affects the property market. We predict that there will be a period of adjustment, but we are maintaining our expectation of low to moderate growth over the course of the whole year in the range of 2-5%. If you're thinking of buying or selling a property, don't hesitate to contact our agents who can provide you with personalized advice based on your specific needs. Stay updated on the latest WA property news by subscribing to our newsletter.
Dec 20, 2022
Will underground power increase property prices in North Perth?
In news for prospective buyers of real estate, and existing homeowners in North Perth, Mt Hawthorn, West Perth, and Leederville, new work is coming to install underground power. The City of Vincent announced last Friday, 16th December, that it is working together with the State Government and Western Power to install unground power to more than 10,000 properties by the end of 2028. The work is a part of the Network Renewal Undergrounding Program Pilot. As noted in a previous article on Hilton Property Prices, similar works have been thought to have a positive impact on property prices, almost certainly once the works are complete. Whilst it can be difficult to determine exactly how property prices are affected by infrastructural work there are a number of factors that have a positive impact. According to Western Power Some of these factors include: improved public safety fewer disruptions from storm damage a more aesthetically pleasing street scape reduced tree pruning, and therefore larger trees reduced maintenance and operating costs improved opportunities for emerging technologies On the City of Vincent website Mayor Emma Cole mentioned, “We are excited to bring underground power benefits to Vincent,” “This is the most affordable option for underground power that has been offered to the City and property owners. “Our dream of flourishing tree canopies is being brought to life thanks to this once-in-a-generation opportunity. “Through the ongoing underground power rollout throughout Vincent, streetlights will be replaced with bright energy-efficient LED lights so that our community can safely walk and exercise in their neighbourhoods in the evenings.” Four stages of underground power roll out. Following the signing of a Memorandum of Understanding with Western Power in May 2022 a commitment was made to commence work in areas where ageing power lines presented a greater risk. Phase 1 is targeting North Perth/Mount Lawley, North Perth/Mount Hawthorn and Perth/Highgate. A rolling fund has been established in the 2022-23 budget that contains a 7.3% rate rise to assist with current and future projects In July 2022 Western Power committed to five more underground power projects in Perth, Highgate, Mount Hawthorn, North Perth, Leederville and West Perth as part of the future NRUP. Primary equipment sites have been selected for the installation of electrical infrastructure including mounted transformers and other equipment for distributing electricity. Artwork and vegetation screening are being considered as options to reduce the visual impact of the primary equipment sites. Read more on the City of Vincent website.
Nov 4, 2022
Perth home values show resilience in October
Perth Property Market October Review CoreLogic’s Perth home value index decreased 0.2 per cent in October, the smallest decline out of all capital cities in Australia. REIWA CEO Cath Hart said the Perth property market continues to be resilient compared to other states and credits the strong Western Australian economy, resources sector and housing affordability. “It is pleasing to see Perth home values were relatively stable in October. To put things into perspective, Brisbane’s home value index declined 2.0 per cent and Sydney’s declined 1.3 per cent,” Ms Hart said. “The main drivers for this are the low level of stock and our affordability, with Perth median house prices the cheapest of any capital city - there is nothing in the Perth property market right now indicating that house prices will fall drastically any time soon.” The top performing suburbs for house price growth in October were Quinns Rocks (up 3.6 per cent to $570,000), Warnbro (up 2.5 per cent to $410,000), Hamilton Hill (up 2.2 per cent to $595,000), Currambine (up 1.9 per cent to $655,000) and Butler (up 1.9 per cent to $420,000). The other suburbs to record strong house price growth were Pearsall, Rockingham, South Perth, Stirling and Padbury. Listings for sale in October There were 8,169 properties for sale on reiwa.com at the end of October. This is almost identical to last month’s figure of 8,155 and is 5.9 per cent lower than levels seen a year ago. “We are still experiencing a housing and labour shortage concurrently, which is resulting in good outcomes for sellers but competitive conditions for those wanting to buy,” Ms Hart said. “With the population continuing to grow this is adding pressure on an already strained housing market, and it will remain this way until we have more housing stock. This demand for housing is expected to keep market conditions strong.” Time on market The median time to sell a house was 15 days during October. reiwa.com data revealed the fastest-selling suburbs in October were Camillo and Golden Bay (five days), followed by Safety Bay, Warnbro, Langford, Orelia, Carlisle, Huntingdale (six days) with Seville Grove and the only north of the river suburb Padbury recording a median of seven days to sell. “We are still seeing Perth houses being snapped up at a remarkable rate, with no indication of it slowing down despite interest rate rises,” Ms Hart said. “In a balanced market the median time to sell a home would be 30-40 days, so a median of 15 days really means prospective buyers should have all their ducks in a row to avoid missing out,” Ms Hart said. Perth rental market Median rent price Perth’s median rent price was $500 per week during October, which is $5 more than September. “Rents will continue to rise in Perth while there is a rental shortage. We urgently need more investors in the market to help provide housing and ensure we keep rents affordable,” Ms Hart said. Median leasing times in October It took a median of 15 days to lease a rental during October. Suburbs recording the fastest median leasing times were Hamilton Hill and Hammond Park (seven days), followed by Quinns Rocks (eight days), then Port Kennedy, Coolbellup, Carlisle, Aveley, Beckenham, Applecross (10 days) and Nollamara (11 days). Listings for rent There were 1,658 properties for rent on reiwa.com at the end of October, down 3.8 per cent from September, and 23 per cent lower than October 2021. “The rental shortage remains a critical issue for the WA rental market. We have been working with the Government to achieve a sensible outcome to the RTA Review that updates the legislation without scaring off existing owners and would-be investors, as this would add even more pressure to the WA rental market at the worst possible time,” Ms Hart said. “Whilst the rental shortage continues to produce significant challenges for many West Aussies, we must not forget how resilient our property market is. We have one of the strongest economies in the world, and the most affordable housing market in the country. These strong demand factors coupled with the low supply suggest that any large price falls predicted for the east coast will just not be the case for WA.” Realising the potential of your property For more information follow this link to the REIWA website