End of Financial Year Report “Wellington Gardens”

It’s that time of year again! James Edmundson from Harcourts City Residential has prepared your 2010-2011 End of Financial Year Report for Wellington Gardens We hope you enjoy it and look forward to your feedback.

Building Details & Particulars Age Registered in 1993 Developer Becton www.becton.com.au Zoning Capital City Zone Schedule 2 - http://tinyurl.com/23clunr Apartments Variety of 1,2 and 3 bedroom units and Mezzanine townhouses. Facilities The development has a great sense of community which is encouraged by the facilities of 2 outdoor heated swimming pools, a recently renovated gymnasium & access to the ‘Lord Wellington Club’. An onsite caretaker ensures the grounds remain clean & tidy & a dedicated team of gardeners can be seen on the grounds most days of the week. The extremely well kept grounds and amazing gardens are certainly a stand out feature for buyers & owners alike. Owners Corp. The Knight Alliance P.O Box 678 Malvern  VIC  3144 Ph: 9509 3144 theknight@theknight.com.au www.theknight.com.au And Accord OCM 2, 868 Malvern Rd, ARMADALE, VIC, 3143 Phone: (03) 9824 6373 Fax: (03) 9824 6235 www.accordbodycorporate.com.au/

BENCORP OCM Pty Ltd 71 Palmerston Crescent SOUTH MELBOURNE P O Box 173 SOUTH YARRA   VIC   3141

Phone  +61 3 9696 4811

Fax       +61 3 9696 4855

Email   info@bencorpocm.com.au Council City of Melbourne P.O Box 1603 Melbourne VIC 3001 Ph: 9658 9658 enquiries@melbourne.vic.gov.au www.melbourne.vic.gov.au Water City West Water Locked Bag 350 St Albans Road Sunshine  VIC  3020 Ph: 131 691 www.citywestwater.com.au Reported Sales Financial Year 2010-2011 201 Wellington Parade South
Month

Apartment

Beds

Size m2

Car

Price
MAR 11

45

3

128

1

$805,000
211 Wellington Parade South
Month

Apartment

Beds

Size m2

Car

Price
DEC 10

34

2

92

2

$765,000
OCT 10

30

3

132

2

$880,000
JUL 10

74

3

142

2

$945,000
6 Wellington Crescent
Month

Apartment

Beds

Size m2

Car

Price
MAR 11

2

3

$1,150,000
1 Wellington Crescent
Month

Apartment

Beds

Size m2

Car

Price
APR 11

2

2

89

2

$750,000
What’s My Property Worth? http://jamesedmundson.harcourts.com.au

Buyer Profiles The most common buyer profile buying in the Gardens have been Emotional Investors & Owner Occupiers Use this link for a full description of these buyer profiles and others we often work with throughout the inner city - http://tinyurl.com/289vdhm James Says Do Not Miss……. The gardens in Spring, when the ornamental pear trees come into bloom Wellington gardens is at it’s best. What our Vendors say…….
“Thank you again for all your assistance over the past few weeks. You have been able to assist us in achieving a result that we are extremely happy with. The whole process we have felt as if we were your only client and that the result was as important to you as us. Your service and professionalism has been amazing so we appreciate the assistance, again……. We could not have been happier with the process”.
Andrew – Recent Vendor For more testimonials from past, present and potential clients from both sale & leasing please visit - http://cityresidential.harcourts.com.au/Home/Our-Team/Testimonials/10330 Reported Rentals
Month

Apartment

Bedrooms

Bath

Car

Rent P/Week

JUN 11

53/211

2

2

NC

MAY 11

31/1

2

1

$550

FEB 11

1/211

2

2

$600

JAN 11

2/201

2

1

$460

DEC 10

15/211

3

1

$790

DEC 10

15/1

2

1

NA

NOV 10

22/8

2

2

NA

OCT 10

16/201

2

1

$475

SEP 10

26/2

2

2

$540

AUG 10

73/1

2

2

NA

JUL

70/1

2

1

NA
What’s My Property Worth? - http://jamesedmundson.harcourts.com.au What our Landlords say…….
“Harcourts City Residential were terrific. I had a vacant Melbourne City apartment in a prime location for three months with my previous Melbourne city agent. I then spoke to James Edmundson from Harcourts City Residential. As soon as speaking to Dionne, I knew her professionalism and helpfulness would ensure my apartment would be tenanted very soon. Not only did Dionne find me tenants within 10 days, Dionne was able to market my apartment at the market price (which was my asking price) and not a much lower price that my previous agent had my apartment advertised at .Thank you Dionne and Harcourts City Residential my stress is finally over.”.
Antonio – Landlord For more testimonials from past, present and potential clients from both sale & leasing please visit - http://cityresidential.harcourts.com.au/Home/Our-Team/Testimonials/10330

Referral Partners:

Mortgage Express:

Mortgage-Express

Mortgage Express is a mortgage broking company that has been in operation for over 10 years. With access to over 30 lenders and 300 loan products, we believe we can source mortgage finance that will be tailored to best suit your needs. Mortgage Express implements the latest technologies and software to give you comprehensive comparisons of the very best options in the market place. We help you understand the features of each loan ideal for you so you can make an educated and informed decision. Whether it be first home mortgage finance, subsequent mortgage finance requirements, refinancing of an existing facility, commercial or investment finance, or just a general enquiry, Email us to have your local broker contact your today cityresidential@harcourts.com.au Lexus Conveyancing

lexus

Lexus provide conveyancing services to the Melbourne property market. They represent clients purchasing or selling real estate property in all areas of Melbourne including the inner city and outer suburbs and also country Victoria. Lexus Conveyancing are a highly organised, efficient and professional property conveyancing service. Email us today for more information or to have a Lexus consultant call you cityresidential@harcourts.com.au Real Property Matters

real property matters

Depreciation schedules are an essential tool for investors to make sure you’re getting the maximum tax benefits from your property investment. Real Property Matters are experts in this field and have a range of innovative, market leading tools adding additional value to this important service. As a client of Harcourts you’ll receive a special rate and additional services; email us so we can ensure you get the Harcourts special rate. cityresidential@harcourts.com.au

Helpful Links:

Foreign Investment Review Board – FIRB

Recent change in legislation has affected foreigners purchasing property in Australia. It’s important to be aware of any restrictions that may be placed on you when considering purchasing property in Australia if you’re not an Australian or New Zealand Citizen. You can seek further information from the FIRB website –http://www.firb.gov.au/content/real_estate/real_estate.asp State Revenue Office – SRO

The State Revenue Office are responsible for the calculation and collection of Stamp Duty and also govern the First Home Owners Grant FHOG among other things. State Revenue Office Stamp Duty Calculator http://tinyurl.com/33f99jc First Home Owners Grant – FHOG Information – http://tinyurl.com/3ybukne Application – http://tinyurl.com/36ahvjg Australian Tax Office – ATO

From Capital Gains Tax to allowable deductions you’ll find lots of helpful information on the ATO website or contact your qualified accountant. http://www.ato.gov.au/

James Edmundson

Sales Consultant – Harcourts City Residential Ph: 03 9664 8100          Mob: 03 9664 8116 E: james.edmundson@harcourts.com.au MHC_9554_300dpi_HS *Harcourts City Residential has gathered this information to provide an interesting read for apartment owners and prospective purchasers. Harcourts City Residential may not have concluded any or all of the transactions noted; rather we’ve gathered as much market information as possible on ALL transactions to be as conclusive as possible. Information contained herein is gathered from a range of sources including but not limited to; The Age Property Results, The Herald Sun Property Results, Valuer General Information & Agents own investigations. All efforts are made to verify the accuracy of the information provided. The information is not to be relied upon or used in dealings with third parties and people should make their own investigations regarding their own property or personal circumstances. Opinions offered are just that, our opinions & observations and should not be treated as advice or fact. If your property is exclusively listed with another agent please disregard this communication

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Stephanie Mackay
admin@melbourneharcourts.com.au 03 9664 8101 03 9664 8100
Over the course of six years, she gained valuable experience in various roles within the industry, including marketing, administration, and accounts for a franchise overseeing 12 offices across the North Island.

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