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16 April 2018
By portermathewsblog


Hayden Groves via therealestateconversation.com.au

The REIWA has come out in support of the WA state government’s plans to improve housing affordability by increasing housing diversity and density.

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The Real Estate Institute of Western Australia supports a State Government plan to improve housing diversity and density to boost housing affordability.

REIWA President Hayden Groves said housing affordability remains one of the more challenging issues affecting West Australians.

“REIWA believes that access to secure and appropriate housing is essential to the success of communities and the prosperity of our state.

“REIWA is committed to ensuring everyone wins in property and will work alongside the WA Government to ensure the Affordable Housing Action Plan makes a positive impact to the lives of West Australians,” Mr Groves said.

Minister for Housing; Veterans Issues; Youth, Peter Tinley outlined the strategic plan this week, which promotes a ‘connected city’ by ensuring the needs of our diverse population are met.

“REIWA would like to congratulate Minister Tinley and the WA Government on this initiative that will promote a connected, sustainable and accessible property market into the future,” Mr Groves said.

The McGowan Government aims to deliver affordable homes as part of its METRONET vision and is currently developing its Affordable Housing Action Plan for release in mid-2018.

REIWA will work alongside the Government during the development of the action plan which focuses on:

  • Connection between people, place and home;
  • Real and enduring affordability for those on low-to-moderate incomes;
  • Earlier and more connected housing and support services;
  • Creation of diverse precincts that will include options for low-income earners; and,
  • Diversity of options to meet diversity of need.

REIWA sits on the METRONET industry board and will work closely to advocate the delivery of affordable housing stock and the creation of METROHUBS.

REIWA will continue to actively support Government in ensuring all Western Australian’s have access to affordable housing through collaboration with the private sector.

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06 April 2018
By portermathewsblog


Best Home Decorating Apps
Image Source: POPSUGAR Photography / Julia Sperling

Home decorating is a hefty investment. Whether you’re renovating or rearranging a room, shopping for a new piece of statement furniture, or designing a new home, there’s always plenty of what ifs to consider. Where to put the lounge? Will it even fit? Ivory or eggshell? It’s a process that can make the best of us question our decision-making abilities.

Of course, like any educated 21st-century citizen would do to make life easier, you turn to apps. And of course, like any 21st-century dilemma, there are plenty of technological solutions for it. Below, we’ve found the five best apps to help you in whatever decorating rut you may find yourself in.

For Inspiration and Ideas

For Inspiration and Ideas

Try: Houzz Interior Design Ideas, Free on iOS and Google Play

Browse through countless photos for inspiration, use the sketch feature to bring your dream room to life, or find a local home professional to help you out with all your decorating needs. The app’s also got a nifty product section to make sourcing products easy.

For Colour Selection

For Colour Selection

Try: Color911, $5.99 on iOS

Whether you want to create a colour scheme for a room, or can’t decide what shade of turquoise will match your throw pillows, Color911 makes colour selection easy. Choose and download from more than 100 colour themes, or build your own custom palette library from photos.
For Collecting Measurements

For Collecting Measurements

Try: Photo Measures, $10.99 on iOS and $4.99 on Google Play

Love the look of a couch but aren’t quite sure if it’ll fit in the space you have? Photo Measures takes the guesswork out of this and allows you to snap photos of every room and draw measures on it. Record and save everything from your living room space to bookshelf width.

For Room Planning

For Room Planning

Try: Mark on Call, $4.49 on iOS

Who said floor plans were intimidating? Mark on Call is like having a personal interior designer at your fingertips, allowing you to map out each room to precision. Enter your room and furniture dimensions and you can rearrange pieces until your heart’s content, even with your skin or finish of choice.
For Real-Time Visualisation

For Real-Time Visualisation

Try: IKEA Catalogue, Free on iOS and Google Play

The app’s 3D and augmented reality feature allows you to visualise what pieces of furniture will look like in your home, meaning hassle- and worry-free shopping. You can even pull pieces directly out of current catalogues, or choose from iconic IKEA pieces in the library.

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26 March 2018
By portermathewsblog


via popsugar.com.au

Money-Saving Tips For Decorating Your First ApartmentImage Source: Studio McGee

Sure, graduation and your first job are huge steps towards adulthood, but what’s the true sign that you’ve officially made it? When you get the keys to your very own apartment. Moving into your first (or second) place is a big deal, but we all know it can come at a high price. It was a rude awakening the day we realised our Pinterest-fuelled dreams didn’t exactly fit our budget. But don’t give up hope! Having an apartment that’s chic and affordable is totally possible. The key is knowing the tricks and hacks that will help you save money without skimping on style. That way, you’ll save your money for what’s really important . . . the housewarming party.

1. Upgrading your wall art? Don’t spend a fortune

Image Source: Domino

Building up an art collection doesn’t have to be crazy expensive. If you can’t bare white walls, there are plenty of websites that specialise in affordable art.

2. Add Something Old


Image Source: Melanie Acevedo for Domino

Add character and save cash by buying your decor secondhand, a trick from former Bachelorette star Jillian Harris. Local thrift stores and flea markets are all full of fun and practical finds that won’t cost a fortune.

3. DIY When You Can

Image Source: Dana Miller / House*Tweaking

If you’re up to the challenge, take on a DIY project — the beautiful results might surprise you. This bar cart is actually an inexpensive Ikea kitchen cart that was repurposed with green paint, wood stain, a bottle opener, and a towel bar.

4. Think Long-Term, Not Just For Now

Image Source: POPSUGAR Photography / Adrian Busse

Since it is likely you’ll be moving around for the next few years, pick items that can travel with you. Avoid oversize furniture and be sure to invest in pieces you’ll love for years to come.

5. Master the Art of Paint

Image Source: POPSUGAR Photography / Adrian Busse

Even the grungiest flea market piece has potential to be beautiful. A fresh coat of bright paint can make all the difference and will help your space look dressed up, even though you’re on a budget.

6. Do Double-Duty


Image Source: Matthew Williams via LABLstudio

Short on space and money? Make sure the few pieces you do invest in can serve more than one purpose. This coffee table doubles as extra seating when guests come to visit.

7. Make the Mattress Your Splurge

Image Source: POPSUGAR Photography / Adrian Busse

Money is tight when you’re moving into a new place, but the one thing you should never skimp on with quality is your mattress. Not only will it get a lot of use, but going cheap can lead to back pain and health issues. Check out these tips for buying a quality mattress.

8. Raid the Garage

Image Source: POPSUGAR Photography / Lisette Mejia

If you have relatives nearby, get busy exploring the garage or attic for handy items you can commandeer for yourself. Things like silverware, old furniture, or art could make their way into your stylish studio.

9. Get Creative With Storage

Image Source: POPSUGAR Photography / Adrian Busse

Yes, your first apartment is probably pretty tiny, but use organisation to your advantage. While you can keep big items tucked away in a box under the bed or in your closet, keep jewellery, makeup, and other small collectables stored out in the open.

10. Buy Budget-Friendly Essentials

Image Source: POPSUGAR Photography / Adrian Busse

No adult should have to live with paper plates and sheets for curtains, but if you’re worried about all the little things adding up, there are ways to get what you need while staying on budget. Shopping for affordable apartment essentials means that you can squeeze everything you need into your budget.

 

 

 

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19 March 2018
By portermathewsblog


via domain.com.au

Getting your foot into the door isn’t cheap, but sometimes it’s where the money is spent that comes as a shock to first-home buyers.

It’s not over once the deposit has been saved and the winning offer made. Experts have identified five areas where hidden costs might be lurking, and how a buyer can avoiding paying more than they need to.

1. Pre-purchase research

Anna Porter, a property valuer and principal at strategic property investment company Suburbanite, said budgeting for pre-purchase inspections is important.

“There’s a whole range of reports you can get – you can spend $5000 just on due diligence,” she said.

 What could look like a minor issue may cost more in the long run.
 What could look like a minor issue may cost more in the long run.Photo: Erin Jonasson

Not doing the research can prove costly. Mortgage Choice CEO John Flavell said it was vital to conduct proper pest and building inspections.

“It is a small amount to pay for peace of mind and it can help you to avoid buying a property with structural faults or insect infestations,” he explained.

CM Lawyers head conveyancer Alex Sapounas said that trying to avoid buying quality building reports was also a common error.

“Unfortunately there’s no fallback position with major structural flaws.”

Strata reports were also very important, he said, particularly regarding special levies and changes to the standard bylaws.

 

2. Conveyancing fees

Some first-home buyers are surprised to discover they need to engage a conveyancer, or are alarmed by the price.

Rules around conveyancing vary from state to state, but Mr Sapounas said first-home buyers should be talking to a conveyancer at the start of the buying process.

Mr Sapounas said some buyers didn't even have the contracts reviewed prior to bidding at auction.
Mr Sapounas said some buyers didn’t even have the contracts reviewed prior to bidding at auction.

He said it was common to see first-home buyers making mistakes that could cost far more in the long run than the $1500 to $2000 conveyancing fee.

Many did not understand the difference between pre-approval and actual approval, how much of a deposit they need, and when they could pull out of the purchase of a property.

“A lot of first-home buyers don’t even have the contract reviewed prior to auction,” he said.

3. Government and bank fees

Mr Flavell identifies stamp duty, the property transfer fee, and mortgage registration fee as government costs new buyers need to know about.

When it comes to home loans there’s the loan application fee, ongoing bank fees and the lender’s property valuation to consider.

A slowing market might impact whether on not a buyer opts for LMI, or a 20 per cent deposit.
A slowing market might impact whether on not a buyer opts for LMI, or a 20 per cent deposit. Photo: Dominic Lorrimer

Another potential expense is Lender’s Mortgage Insurance – LMI – which protects the lender from losing money if the borrower defaults on their loan, and the sale of the property doesn’t cover the money owed.

Generally, it’s a condition of borrowing with less than a 20 per cent deposit, and the cost can be included in the loan amount.

Analysis from financial comparison site Canstar shows that first-time buyers who opt for a 10 per cent deposit and LMI as opposed to taking longer to save a 20 per cent deposit could also wind up paying more overall.

It depends on the growth in property values, with 3.83 per cent annual growth being the break-even point for a $500,000 purchase. If growth is slower, buyers could be better off saving the 20 per cent deposit, but if the market moves faster, LMI is outweighed by capital gains.

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4. Moving in, and moving tenants in

Ms Porter said first-time investors often don’t plan for professional cleaning fees.

“When a vendor moves out, there’s not a requirement for how clean the apartment has to be,” she said.

If the property is left in a passable condition, but not clean enough to meet the standards of a rental property, it might require a professional cleaner, and a $500-plus outlay.

Dixon Advisory’s head of advice Nerida Cole explained there could be quite a big “gap in expectation” for new buyers, in terms of what they’re prepared to live with compared to what a tenant expects.

“If you want to have a good tenant, you want to make sure property is presented well.”

When a vendor moves out, there's not a requirement for how clean they need to leave the property.New homeowners may be left to foot the cleaning bill when the vendor moves out. Photo: Steven Siewert

She added that the early period can be a pressure point for investors who expect to receive rent straight away.

“There can be a bit of a delay in the cash flow coming in from the rent. Up front there’s the property manager costs, the campaign to get a tenant – but you are paying interest from day one.”

Owner-occupiers also need to manage expectations and expenses. “It might take you two years to furnish the house properly, rather than racing in and trying to make it look like a Vogue magazine.”

5. Landscaping and repairs

Ms Porter recommends keeping aside $4000 for $5000 as a maintenance slush-fund.

“You can buy a property and suddenly the hot water dies, or the airconditioning dies and you have to replace it,” she said.

Ms Cole said the cost of upkeep for a backyard can come as a surprise for buyers upgrading from an apartment.

“Plant trimmers, lawnmowers, it does add up. When you’re a new home buyer, you don’t have much cash up your sleeve.”

There can be some surprises in moving from an apartment to a free-standing house with a backyard.

There can be some surprises in moving from an apartment to a free-standing house with a backyard.

Landscaping can also be costly, especially for new builds. Ram Venkatagiri, from Financial Quotient, says that the price of structures like retaining walls can come as a shock to some buyers.

“Sometimes they cannot be determined by the builder at outset, until they perform site works after the building contract has been entered into,” he said.

He noted that blinds, curtains and security grilles aren’t always included in the price of a house and land package, adding thousands to the overall cost.

 

 

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09 March 2018
By portermathewsblog


via popsugar.com.au


Image Sources: Laura Metzler and Homepolish

The way Shannon Smith transforms a bare apartment into a cosy home might cause you to confuse her for a magician, or an interior design fairy godmother at the very least. The Homepolish interior designer can do wonders to a space no matter how tight the budget or small the square footage.

The secret to creating a stunning home, she says, is to focus on three things when decorating. “I am a firm believer that you don’t need a lot of stuff to make your space feel finished. If you consider these three things — texture, colour, and scale — you can make any space feel cosy.”

Keep reading to hear what Shannon has to say about approaching each.

  1. Texture: The More The Merrier


    Image Sources: Laura Metzler and Homepolish

    “Add texture with area rugs, drapery, vintage pieces, or natural fibers,” Shannon advises.

  2. Colour: Layer Three


    Image Sources: Laura Metzler and Homepolish

    “Layer colour in your space to add depth, even if it’s neutral,” she says. “I always try to choose three colours — a light colour, a dark colour, and something in between — and scatter them throughout the space.”

  3. Scale: Go Big, or Go Home

Image Sources: Laura Metzler and Homepolish

“Large art pieces, leaning floor mirrors, and big area rugs accentuate the height of the ceilings or the width of a room,” explains Shannon. “If you are worried about living in a small space, focus particularly on this tip as it will usually make your space feel larger.”

 

 

 

 

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26 February 2018
By portermathewsblog


We are proud to announce that we won 2 awards as the “AGENCY OF THE YEAR” in the RateMyAgent 2018 Agent of the Year Awards.  The awards, which are the largest real estate awards in Australia, recognise those agents and agencies that have ranked the highest based on customer reviews and feedback.

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RAVEEN LIYANAGE WON THE THE AWARD FOR THE “AGENCY OF THE YEAR FOR MADDINGTON”

 

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HASI KODAGODA WON THE THE AWARD FOR THE “AGENCY OF THE YEAR FOR BECKENHAM”

Nick

NICK MITCHELL WON THE THE AWARD FOR THE “AGENCY OF THE YEAR FOR FORRESTFIELD”

The RateMyAgent Agent of the Year Awards compare over 32,000 agents and agencies across the country.  They highlight the leading real estate agents and agencies in each suburb, city and state across Australia, and on a national level.

“The RateMyAgent Agent of the Year Awards are the only awards which use verified customer reviews and feedback, so they’re an honest gauge of the customer service an agent has provided,” said RateMyAgent CEO & Co-Founder, Mark Armstrong.  “These awards are the only industry awards to put sellers’ needs first, using customer reviews as a leading indicator of an agent’s success over 2017.”
Our team was also,

  • David Quadros – No 1 agent by recommendation in Ascot
  • David Quadros – No 3 agent by recommendation in Belmont.
  • Greg O – No 1 agent by recommendation in Belmont.

Click below to find out

View our  RateMyAgent profile here.

https://www.ratemyagent.com.au/real-estate-agency/porter-matthews-metro-ak795/sales/reviews

 

 

 

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26 February 2018
By portermathewsblog


via popsugar.com.au

5 Design Trends That Need to Be on Your Radar If You're Renovating in 2018Image Source: GIA Bathroom & Kitchen Renovations

 

In 2018, interior style is all about rejecting conformity to a particular “look” and embracing imperfections. Individual touches have never been so big and anything with a touch of whimsy gets full marks. Basically, 2018 is bringing about the death of monochrome and minimalism and the rise of eclectic hygge-ness.

Here Houzz Australia zone in on what that all means exactly — with a community of 1.5 million design and reno professionals, they seemed the right people to ask.
1. Handcrafted Wall Treatments

Handcrafted Wall TreatmentsImage Source: Suzi Appel Photography

Whether tribal or handmade-looking, tiles that add a handcrafted touch to an otherwise sleek and modern kitchen are on the rise. It takes modern kitchens, which were on the verge of looking like spacecrafts, back to that "heart of the home" space. Bang on for the hygge trend.
Image Source: Space Craft Joinery / Jonathan VDK

Whether tribal or handmade-looking, tiles that add a handcrafted touch to an otherwise sleek and modern kitchen are on the rise. It takes modern kitchens, which were on the verge of looking like spacecrafts, back to that “heart of the home” space. Bang on for the hygge trend.

2. Cabinetry With Personality

Cabinetry With PersonalityImage Source: Woods & Warner

Houzz has seen a rise in cabinetry and handles that give a room character. Oversized and elongated wooden knobs work in kitchens or bedrooms.
Image Source: Kyal and Kara and Wideline Windows & Doors

Houzz has seen a rise in cabinetry and handles that give a room character. Oversized and elongated wooden knobs work in kitchens or bedrooms.

3. Anti Mass-Manufactured Furniture

Anti Mass-Manufactured FurnitureImage Source: Decus Interiors / Justin Alexander

Linen bean bags, curvy lines and puffy sofas culminate to make a non-uniform, more organic living space. This means mixing an eclectic selection of seating and tables in your living areas.
Linen bean bags, curvy lines and puffy sofas culminate to make a non-uniform, more organic living space. This means mixing an eclectic selection of seating and tables in your living areas.

4. Brass Is Still the Metal of Choice

Brass Is Still the Metal of Choice
Image Source: GIA Bathroom & Kitchen Renovations

Houzz are seeing no signs of the metallic trend abating. Copper and gold will still be coveted in 2018, but they predict brass will take the cake.
Image Source: GIA Bathroom & Kitchen Renovations

Houzz are seeing no signs of the metallic trend abating. Copper and gold will still be coveted in 2018, but they predict brass will take the cake.

5. Dual-Material Benchtops

Dual-Material BenchtopsImage Source: Art of Kitchens Pty Ltd.

Kitchen counters and islands that are a mix of marble, concrete or wood rose to popularity on this season of The Block, and that was just the beginning.

 

 

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13 February 2018
By portermathewsblog


via www.domain.com.au

More Perth properties may soon be sold under the hammer.More Perth properties may soon be sold under the hammer. Photo: Peard Real Estate

With the Perth property market in a state of recovery, agents are predicting auctions will rise in popularity in favour of the traditional offer and acceptance sales method.

While latest Domain Group auction data revealed there were 180 auction listings in Perth in November, with a clearance rate of 30 per cent — in comparison to Sydney data for the same month of 4,187 listings with a clearance rate of 55 per cent — there were signs more homes will be sold under the hammer in Perth in 2018.

Domain Group data scientist Nicola Powell said a seasonality effect was obvious when looking at auction data for Perth, where there tended to be more homes for auction in the spring months.

Auctioneers expect to be busier in Perth this year.Auctioneers expect to be busier in Perth this year. Photo: Dan Soderstorm

She said auctions were ingrained in the Sydney and Melbourne vendor market, and as the Perth property market began to recover, auction conditions might improve.

JLL buyers advocate Lachlan Delahunty said “auction” seemed to be a foreign word in WA.

“However, we should start to get comfortable with the process, as it will soon hit our shores,” he said.

“Properties sold under the hammer signify only three per cent of Perth property. Unfathomable when comparing that to the likes of Melbourne and Sydney with clearance rates of 80 to 90 per cent.

“Hot markets attract auctions – like bees to honey, as we have seen in Sydney in the early stages of last year.

“However, this form of selling is certainly no place for a soft market, which Perth has experienced in recent years, recording clearance rates as low as 30 per cent in the final parts of 2017.”

Mr Delahunty predicted if the WA market continued to improve during the first few months of this year, properties in coastal and blue chip suburbs would start to see the benefits of a bidding frenzy.

LJ Hooker national auction manager David Holmes said auction volumes in Perth remained steady and almost unchanged: 1973 in Perth last year, compared to 1964 in 2016.

“Perth is still a long way off the auction volumes of the eastern states – Melbourne recorded more than 50,671 auctions last year (a 19 per cent increase year on year) with Sydney notching 40,281 (a 16 per cent increase),” he said.

“However, at the end of 2017 and already in 2018, our offices have fielded more inquiries from sellers about the opportunities to auction their properties. LJ Hooker Kalamunda Foothills auctioned four times as many properties in 2017 than they did the previous year and expect to hold even more in 2018.

“Data has indicated a shift in the Perth market, with the first positive price recorded in the last quarter for a long time. When markets begin to recover, that’s when auctions rise in popularity as buyers openly compete to determine what new market value is.”

Rob Druitt, First National Real Estate Druitt and Shead principal and auctioneer, said auctions were on the rise in Perth, with buyers becoming more savvy in their understanding of the process.

“It’s unlikely in the short to medium term that we will catch up to the like of Melbourne or Sydney, however, as our market improves we are likely to see more auctions,” he said.

Mr Druitt said there were many benefits to selling and buying at auction.

“For the sellers, it is a quicker sale process and if the property is worth more than we all think, they will achieve it,” he said.

“For the buyers, in what is becoming a more competitive market place for certain types of properties, if they are organised, they have a genuine opportunity to buy the property in an open fair forum as opposed to properties selling off the market or quickly with multiple offers.

“For the market, it is good as it helps to genuinely set the market value of property and provides immediate feedback to the market on sales evidence and interest.

“Also, if the property doesn’t sell on the day of auction it will come on the market post-auction and is available to conditional buyers.”

Acton auctioneer Boyd Fraser said the benefits of auctions included a compressed campaign for 21 days and a 50 per cent chance of selling under the hammer on the day.

“Both buyers and sellers are in the same forum so transparency in the process is guaranteed. There is a significant difference in the number of days on market,” he said.

Western suburbs were popular areas for auctions, but other standout areas included Spearwood, Hamilton Hill and Coogee, Mr Fraser said.

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