Sunshine, a suburb in Melbourne's west, is undergoing a remarkable transformation, positioning itself as a potential second central business district for the city. With a visionary $143 million investment from Brimbank Council, Sunshine's main street of Hampshire Road has shed its tired facade and embraced a vibrant new identity. Thanks to this rejuvenation, complete with modern walkways, cycle paths, and lush green spaces, Sunshine is rapidly becoming a lively hub that captures the imagination. While challenges persist, such as limited job opportunities for highly skilled workers and a scarcity of medium-density development, the suburb boasts a solid foundation for future growth. Institutions such as the Victoria University campus, the recently upgraded Sunshine Hospital and courts, and the government offices for VicRoads, EPA, NDIS, and Rail Services Victoria have laid the groundwork for Sunshine's rise to prominence. One individual who has played a pivotal role in nurturing Sunshine's growth is Steven Tabban, the Vice President of the Sunshine Business Association and an esteemed philanthropist. As the owner of several successful businesses in the area, including his role as Director of Create Vic Real Estate, Tabban has made significant contributions to the Sunshine community, demonstrating his unwavering commitment to its betterment. Tabban's dedication to Sunshine shines through his support for community events and initiatives. From funding the Sunshine Lantern Festival, a dazzling celebration of culture and diversity, to promoting artistic talent through the Sunshine Short Film Festival, Tabban's philanthropy breathes life into the community, fostering unity and a sense of belonging. In addition to his altruistic endeavors, Tabban has been a driving force in empowering local youth through education and employment opportunities. His establishment of the Tabban Youth Scholarship program has provided much-needed financial support to ambitious young individuals pursuing higher education. Furthermore, Tabban has offered apprenticeships and employment opportunities within his businesses, offering valuable pathways to success for the youth of Sunshine. Tabban's advocacy extends to the crucial realm of infrastructure development, with a particular focus on transportation. His resolute support for the proposed airport rail link demonstrates his forward-thinking approach, recognising the immense value of improved connectivity for the western suburbs. Tabban's vision extends further, as he calls for the redevelopment of Sunshine station, envisioning a transport "super-hub" that would enhance accessibility and unlock the region's untapped potential. In conclusion, Steven Tabban's unwavering commitment to the Sunshine community has left an indelible mark on the suburb's trajectory. His philanthropic contributions, support for education and employment opportunities, and advocacy for robust infrastructure have elevated Sunshine's potential as a thriving economic center. With passionate individuals like Tabban leading the way, Sunshine is poised to become a catalyst for growth, unlocking new job opportunities and driving progress throughout Melbourne's western suburbs.
Want to increase the worth of your property? Find home renovation ideas that will increase the value of your house. Leading Sunshine, Victoria Real Estate company Create Real Estate offers helpful information on property appraisal, valuation, and management in areas like Sunshine, Sunshine North, Braybrook, Albion, and Sunshine West. Introduction: When it comes to homeownership, your home is both a place to live and a wise financial investment. Strategic home renovation projects can be a wise choice if you're thinking about selling your home or just want to raise its value. Create Real Estate, a trusted real estate agency serving Sunshine, Sunshine North, Braybrook, Albion, and Sunshine West, specialises in helping homeowners maximise their property's potential. This blog post will discuss various home improvement initiatives that can greatly raise the value of your home. Kitchen Renovation: It is well known that a modernised kitchen may significantly increase the value of your home. The kitchen is often referred to as the "heart of the home." Think about renovating cabinets, getting new appliances, adding new paint, and putting new countertops. By creating an appealing and functional space, potential buyers will be drawn to your property. Bathroom Remodeling: Bathrooms are another key area that can significantly influence a property's value. Upgrading fixtures, installing energy-efficient features, improving lighting, and enhancing the overall aesthetic appeal can make a big difference. Additionally, incorporating ample storage space can be a valuable addition. Curb Appeal Enhancement: First impressions matter, and your property's curb appeal sets the tone for potential buyers. Invest in landscaping, paint the front door, replace the mailbox, and make sure the lawn is well maintained to improve the front of your home. These modest adjustments can significantly raise the value and desirability of your house. Energy-Efficient Upgrades: In today's world, where environmental consciousness is on the rise, energy-efficient features are highly sought after. Consider upgrading to energy-efficient windows, insulation, LED lighting, and appliances. These upgrades not only reduce utility bills but also make your property more appealing to eco-conscious buyers. Additions and Conversions: Consider adding a room if you have extra space, or making an existing area more useful. Extra living space increases your house's value and adaptability, whether it's a media room, guest bedroom, or home office. Smart Home Technology Integration: Integrating smart home technology can give your property a modern touch. Install appliances like voice-activated assistants, security systems, smart thermostats, and lighting controls. These additions can raise your property's total worth by appealing to tech-savvy purchasers. Conclusion: A smart method to raise the value of your house is to invest in home improvement projects. Create Real Estate Agency, a leading real estate agency serving Sunshine, Sunshine North, Braybrook, Albion, and Sunshine West, understands the local market and can provide expert advice on property appraisal, valuation, and property management. By focusing on key areas like the kitchen, bathroom, curb appeal, energy-efficiency, additions, and smart home technology, you can significantly enhance the desirability and market value of your home. Remember, improving your property doesn't just benefit you in the present, but it also serves as a long-term investment for the future. Start planning your home improvement projects today and enjoy the increased value and satisfaction they bring. Are you prepared to start your quest to become a prosperous real estate investor or locate the ideal rental property? Contact Create Real Estate, your go-to real estate company for property management, real estate valuation, and more. We also handle commercial real estate, commercial management, and property sales. Let's create your path to financial freedom in Sunshine and the surrounding suburbs! To learn more, visit the Create Real Estate website at https://createvic.com.au/. https://www.youtube.com/watch?v=BAt0dVupJ1E
Property valuation is an essential aspect of the real estate process. Whether you're buying, selling, or just curious about the market value of your property, understanding how property valuation works is critical. This comprehensive guide will give you insights into the process, especially if you're based in Sunshine, Sunshine West, Sunshine North, Albion, or Braybrook. Understanding Property Valuation A property valuation offers an independent and objective assessment of a property's market value. Property valuers are licensed professionals who draw on extensive training and a deep understanding of the property market. They consider various factors, including the size of the property, location, condition, and recent sales of similar properties in the area. Property valuers often use methods like analyzing sales data, considering market trends, and conducting physical inspections of the property. While valuations are useful for various purposes, including buying or selling property, mortgage lending, taxation, and insurance, they're also necessary for legal proceedings. The Role of Real Estate Agents in Property Valuation While real estate agents are not property valuers, they play a critical role in the property valuation process. Real estate agents, like us at Create Real Estate, assist clients in buying, selling, and renting properties. We also offer property appraisals as part of our services. This is where we estimate the likely selling price of a property in the current market, using our knowledge of recent sales and current market conditions. At Create Real Estate, we've been providing real estate services, including property valuations and appraisals, in Sunshine and surrounding. Our team of experienced real estate professionals are well-versed with the local market conditions and trends, and we're committed to providing accurate and reliable services to our clients. Difference Between a Property Valuation by a Valuer and a Real Estate Agent There are a few key differences between property valuations provided by a valuer and a real estate agent. While property valuers are independent and provide an objective assessment of the value of a property, real estate agents may have a vested interest in selling a property and may be more subjective in their approach. Also, property valuers charge a fee for their services, whereas real estate agents work on a commission basis. Both professions require licensing and certification, but the requirements and training differ for each. Conclusion Understanding property valuation can make your real estate journey in Sunshine, Sunshine North, Sunshine West, Albion, or Braybrook smoother and more informed. Whether you require a formal valuation for legal or financial purposes or an agent's appraisal to guide your buying or selling price, it's crucial to work with professionals like us at Create Real Estate. We're not just a real estate agency; we're part of the community, actively working in 3020 and the surrounding area. We provide property valuation services and work with people who can do sworn valuations or bank valuations. In most instances, a trusted real estate agency's valuation suffices, providing a comprehensive and reliable assessment of a property's market value. For more information or to schedule a property valuation or appraisal, visit our website https://createvic.com.au/. We're here to guide you through the real estate market with confidence. Table of Sources:
Property Valuers or Real Estate Agents? | Acumentis |
Create Real Estate | Domain.com.au |
Create Real Estate | |
Create Real Estate | Commercialrealestate.com.au |
Steven Tabban | Heraldsun.com.au |
"The Million Dollar Real Estate Team" by Chris Watters and Bradley Pounds offers a practical blueprint for real estate agents who aspire to transition from individual contributors to leaders of a high-performing team. The book draws on Watters and Pounds' real-world experiences to provide actionable insights on how to scale a real estate business, focusing on three key areas: team building, business systems, and financial management. Team Building: The authors emphasize the importance of assembling a team of diverse talents and skills. They argue that a well-rounded team is the foundation of any successful real estate business. The book provides guidance on how to identify, recruit, and retain talent. The key takeaways here are to clearly define roles within the team, establish a culture that promotes collaboration and professional growth, and ensure team members are aligned with the business's vision and goals. Action steps: 1. Identify gaps in your team and recruit to fill those gaps with individuals possessing the necessary skills and attributes. 2. Establish clear roles and responsibilities within the team. 3. Create a team culture that promotes collaboration, professional growth, and alignment with the business's vision and goals. Business Systems: Watters and Pounds highlight the significance of implementing robust business systems to ensure the smooth operation of the real estate business. They provide practical advice on how to establish efficient processes for lead generation, client management, transaction coordination, and more. Action steps: 1. Evaluate and streamline current business processes for efficiency. 2. Implement systems for consistent lead generation and client management. 3. Establish a solid process for transaction coordination to ensure seamless closings. Financial Management: Lastly, the authors underscore the importance of sound financial management. They discuss how to manage cash flow, optimize profit margins, and reinvest in the business to sustain growth. Action steps: 1. Regularly review and manage your cash flow. 2. Seek ways to optimize profit margins, such as negotiating better terms with vendors or reducing unnecessary expenses. 3. Reinvest a portion of profits back into the business to fuel growth, such as investing in marketing or team development. In conclusion, "The Million Dollar Real Estate Team" is a valuable guide for real estate agents aspiring to grow their businesses. By applying the principles and action steps outlined in the book, agents can not only enhance their operations but also inspire their teams to achieve higher levels of performance.
In this weekly market update, Steven Tabban, the Director of Create Real Estate, provides valuable insights into the current state of Victoria's property market. Despite ongoing concerns about the rental crisis and the recent rate rise by the Reserve Bank of Australia (RBA), the market remains highly active. This update highlights the increasing rental prices, dropping vacancy rates, shifting buyer demographics, and the strong performance of the auction market in Victoria. Rental Crisis Persists: One prominent issue in Victoria's property market is the continuing rental crisis. Steven Tabban emphasises the sustained trend of rising rental prices and decreasing vacancy rates. Despite previous discussions on this matter, little progress has been made in addressing the rental affordability challenge. Rate Rise and Purchasing Market: Despite the recent rate rise implemented by the RBA, which was expected to cool off the purchasing market, the demand for properties remains high. Contrary to predictions, buyers are still entering the market with great enthusiasm. However, there has been a noticeable shift in buyer demographics, with investors taking the lead over first home buyers. First homebuyer purchases have decreased by 20% compared to the same period last year, while investors have been capitalising on this opportunity. Unemployment Rate and Rental Prices: The unemployment rate and rental prices play a significant role in driving investor interest in the property market. The combination of a robust job market and soaring rental prices has created an appealing environment for investors. These factors contribute to the attractiveness of property investments, making them an appealing asset class for those seeking steady returns. Auction Clearance Rate: The auction market in Victoria has continued to thrive, with another strong week of performance. The auction clearance rate has consistently remained below 80%, indicating high demand and competitive bidding. This trend further underscores the robust nature of Victoria's property market and the strong interest from potential buyers. Conclusion: In conclusion, the current state of Victoria's property market is characterised by a persistent rental crisis, rising rental prices, and declining vacancy rates. Despite the recent rate rise, the purchasing market remains active, with investors driving the market more than first home buyers. The auction market continues to exhibit strength, with high clearance rates. For those interested in real estate and investing, Create Real Estate encourages following their updates, liking their content, and engaging with their valuable insights. Note: The content of this blog post has been based on the provided information and does not reflect the personal opinion or endorsement of the author or Create Real Estate.
1. Local Expertise in Sunshine North, 3020: Brenda Ngan isn't just a real estate agent; she's a Sunshine North specialist. Her in-depth knowledge about the locality, the demographic, and the market trends in postcode 3020 is unrivaled. When you're looking for a real estate agent who knows your area inside out, Brenda is the obvious choice. 2. Proven Track Record: Brenda Ngan is the Number 1 Sale Agent in Sunshine North, and the numbers prove it. Over the last 12 months, she received 38 reviews, all reflecting her exceptional service. More impressively, she led the sale of 17 properties with a median sold price of $755k, all while maintaining an average of 17 days advertised. This performance outshines even the closest competition, who received 28 reviews in the same period and sold 15 properties as lead agent, with a slightly lower median sold price of $750k and a significantly longer median advertising period of 47 days. 3. Detailed Property Appraisal: Brenda offers comprehensive property appraisals, taking into account every detail of your property and the current market conditions in Sunshine North. This ensures you understand the real value of your property and can make informed decisions about selling. 4. Marketing Expertise: Brenda Ngan doesn't just list your property; she strategically markets it. She uses a combination of traditional and digital marketing techniques to ensure your property gets maximum exposure to potential buyers. 5. Exceptional Negotiation Skills: As Sunshine North's Number 1 Sale Agent, Brenda's negotiation skills are top-notch. She advocates for her clients' best interests, ensuring they get the best possible deal on their property. 6. Personalized Service: Brenda treats each client's property as if it were her own. She provides personalized service, tailoring her approach to meet your unique needs and goals. 7. Transparent Communication: Brenda believes in open and honest communication. She keeps you informed throughout the entire sales process, ensuring you're never left in the dark. 8. Professional Network: With Brenda, you're not just getting a real estate agent; you're getting a network. Her connections within the industry can provide valuable exposure for your property and facilitate smoother transactions. 9. Dedication to Client Satisfaction: Brenda Ngan is dedicated to ensuring her clients are completely satisfied with their real estate experience. She goes above and beyond to meet and exceed expectations. 10. Part of Create Real Estate: Brenda is a proud part of Create Real Estate, a firm renowned for its professionalism and commitment to excellence in the real estate industry. Don't just take our word for it; see for yourself why Brenda Ngan is the top choice for real estate in Sunshine North. Visit realestate.com.au and look up Brenda's impressive portfolio. In conclusion, if you own a property in Sunshine North, 3020, and are considering selling, don't leave it to chance. Trust Brenda Ngan, Sunshine North's Number 1 Sale Agent, to deliver results that exceed your expectations. Get started today with a professional property appraisal, and let Brenda help you create your real estate success story.
In the bustling suburb of Sunshine, Victoria 3020, the real estate market is as diverse and dynamic as the community itself. Whether you're looking for a retail space, an office, a development opportunity, or something else entirely, there is a variety of property types and real estate agencies available to meet your needs. Here, we profile four prominent real estate agencies in Sunshine, VIC 3020, outlining their offerings and performance to help you make an informed decision. 1. Create Real Estate Located at 262 Hampshire Road, Create Real Estate is a versatile player in the Sunshine real estate market, with a portfolio that includes retail, industrial, office, development, and other properties. Notably, they have a significant presence in the consulting and showrooms space. Create Real Estate has a track record of 23 properties for sale, 14 for lease, 39 sold, and 94 leased. If you're looking for a real estate agency with a wide range of properties and a proven track record, Create Real Estate is worth considering. 2. Douglas Kay Estate Agents Just a short distance away, at 280 Hampshire Road, you'll find Douglas Kay Estate Agents. This agency is well-versed in managing industrial, retail, office, and development properties, among others, including showrooms and consulting spaces. Douglas Kay Estate Agents have 9 properties listed for sale, 13 for lease, 22 sold, and 55 leased. With their reliable performance and diverse property portfolio, Douglas Kay Estate Agents offer solid options for your real estate needs in Sunshine, VIC. 3. Biggin & Scott Sunshine Located at 3/473 Ballarat Road, Biggin & Scott Sunshine is a key player in the office, industrial, retail, and showrooms sectors. They also offer consulting services and development opportunities. With 2 properties for sale, 2 for lease, 1 sold, and 17 leased, Biggin & Scott Sunshine may have a smaller portfolio, but their focus on quality service and diverse property types ensures they deliver results for their clients. 4. Sweeney Estate Agents Sunshine Based at 4a/282 Hampshire Road, Sweeney Estate Agents Sunshine focuses on retail, industrial, and consulting properties. They have 3 properties for sale, 1 for lease, and have successfully leased 5 properties. Sweeney Estate Agents Sunshine may have a more focused offering, but their expertise in their chosen sectors ensures a tailored and effective service. In conclusion, Sunshine, VIC 3020 is home to a variety of real estate agencies each with their unique offerings and strengths. Whether you're looking to buy, sell, lease, or develop a property, these agencies offer a wealth of opportunities. As always, do your research and choose the agency that best fits your real estate needs. Good luck with your property journey in Sunshine, VIC 3020! Source: https://www.commercialrealestate.com.au/findanagent/sunshine-vic-3020/
Welcome to our monthly real estate update for Sunshine, Victoria 3020. Let's dive into the key figures, trends, and property sales that made headlines in May 2023. Property Sales A total of 17 properties changed hands this month, ranging from houses to units. The highest sale was achieved by two properties: 159 Morris Street and 17 Parsons Street, both sold for a whopping $1,100,000. The lowest sale of the month was a unit at 1/136 Wright Street, sold for $310,000. Other notable sales include: - 36a Lynch Street, sold for $741,000. - 12 Thomson Street, sold for $890,000. - 29/112-116 Anderson Road, sold for $801,000. Top Agents The number one agent for the past three years in Sunshine, Victoria 3020 is Brenda Ngan, followed by Peter Kay. It's worth noting that there's a 29 sale difference between the first and second place, demonstrating Brenda Ngan's strong performance in the local real estate market. Median Property Prices & Growth The median price for houses in Sunshine, Victoria 3020 over the past 12 months (May 2022 - April 2023) was $845,000. This represented a slight decline in growth of -3.8% from the previous year. For apartments and units, the median price was significantly lower at $403,000 for the same period. This segment of the market experienced a substantial decrease in growth, down by -33.6%. Rental Market Despite the decline in property prices, the rental market in Sunshine has been steadily growing. The median weekly rental price for houses rose by 5.3% over the past 12 months to $400 per week. Apartments and units also saw an increase, with the median weekly rental price going up by 4.5% to $345 per week. Source of Information All property data and information presented in this update has been independently sourced from www.realestate.com.au and www.domain.com.au. Conclusion While property prices have seen a slight dip in Sunshine, Victoria 3020, the rental market is proving to be robust with a steady growth rate. This suggests that Sunshine could be an ideal spot for investors looking for rental returns. As always, if you're considering buying, selling, or renting in Sunshine, it's important to seek professional advice tailored to your specific needs and circumstances. Stay tuned for next month's update as we continue to keep an eye on the trends in Sunshine's real estate market. Disclaimer: This article provides general information only and may not reflect the market conditions at the time of your reading. We recommend seeking professional advice before making any property decisions.
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Create Real Estate | For expert real estate services in Melbourne's western suburbs |
Create Real Estate Blog | For more tips and advice on property sales |
Property flipping is an enticing strategy for real estate investment, particularly in the flourishing market of Melbourne's western suburbs. As your go-to experts at Create Real Estate, we're here to navigate you through the process, highlighting both the potential risks and rewards.
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Create Real Estate | For expert real estate services in Melbourne's western suburbs |
Create Real Estate Blog | For more tips and advice on property sales |
An open house is a critical part of selling a property, especially in the vibrant real estate market of Melbourne's western suburbs. As your trusted advisors at Create Real Estate, we're here to offer expert tips to ensure your property stands out and leaves a lasting impression.
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Create Real Estate | For expert real estate services in Melbourne's western suburbs |
Create Real Estate Blog | For more tips and advice on property sales |
In the dynamic world of real estate investment, new opportunities are emerging that allow even the most novice investors to enter the market. One such opportunity is real estate crowdfunding, a revolutionary way to invest in property. As your trusted real estate advisors at Create Real Estate, we are here to guide you through the ins and outs of this innovative investment strategy.
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Create Real Estate | For real estate services and insights in Melbourne's western suburbs |
Create Real Estate Blog | For additional information on local real estate trends and strategies |