Sullivan & Co Real Estate | Property

Sullivan & Co Real Estate

Phone: +61 413 167 607

Add/Update information

Reviews

Tags

• Property
• Businesses
• Estate agent

25.01.2022 Property is only going one way.

24.01.2022 Sullivan & Co in conjunction with Bensons property group are proud to bring you this outstanding investment opportunity only 5km from the CBD. Offering 5 year rental guarantees, luxurious amenities, outstanding views of Flemington race course. 1 & 2 bedroom apartments available.

22.01.2022 A couple of weeks ago I ran into a guy I know to say hi to. He had a look in his eye that he was about to break down and cry. Normally I’d say hi and walk on. That day was different, I stopped turned around and called out his name. He stopped in his tracks He didn’t say a word I just put my arm around his shoulders and he let it all out. Can I fix his problems no, can I advise him on what to do no, but can I reassure him that there’s always someone here that he can call upon and talk to yes. We are now great mates and he will know this is about him. Not for what I did for him but for what he and the experience has done for me. Be there for your mates, be there for your friends, and in some cases just be there. #ruok #beyondblue #melbre #investments #newconstruction #2020bringiton #family #loyalmates #financialplanners #townhouses

20.01.2022 What are your property and finance goals, and could refinancing help you achieve them? Refinancing your home loan essentially means changing your existing loan for a new one, and in most cases, with a new bank. The two main reasons people look to refinance their home loans are either to get a better rate or to increase their existing loan to withdraw some equity. Here are the latest 4-year fixed rates the big four banks are now offering customers. ... Commonwealth Bank 1.00% p.a. interest rate reduction to 1.99% p.a. (comparison rate 3.66% p.a.) Westpac Bank 0.80% p.a. interest rate reduction to 1.99% p.a. (comparison rate 3.29% p.a.) NAB 0.81% p.a. interest rate reduction to 1.98% p.a. (comparison rate 3.69% p.a.) ANZ 0.40% interest rate reduction to 2.29% p.a. (comparison rate 3.77% p.a.) However, there are some factors you should consider first. For example, while refinancing into a mortgage loan with a lower interest rate can save you money each month, be sure to look at the overall cost of the loan. For instance, if you have 10 years left to pay on your current loan and you then stretch out the payments into a new 30-year loan, you may end up paying more in interest overall to borrow the money and be stuck with 20 extra years of mortgage payments! Similarly, don't ignore the closing costs and fees associated with refinancing. For example, if it will take three years to recoup the expenses of a refinance and you plan to sell within two years, that means that despite the lower monthly payments, you are not saving any money at all. Take home message, do your homework first! Source: The Federal Reserve Board. "A Consumer's Guide to Mortgage Refinancings." https://www.federalreserve.gov/pubs/refinancings/ Accessed Nov. 16, 2020. #refinancing #realestate #realestateagent #rba #financegoals #homeloans #homeloanrefinance #refinanceyourhome #propertyinvestment #realestategoals #firsthomebuyer #downsizing #remorgagethehouse #melbourne #melbournesnorth #cashrate #interestrates #interestratesarelow #thebigfour #newbuild #realestateadvice #houseandland #australianproperty #realestatenews #research

20.01.2022 Buying real estate off the plan means purchasing a property that hasn’t yet been built. Benefits of buying off the plan - Secure property with low initial capital outlay: Typically you only have to pay a deposit to the developer and then pay the remaining balance on completion of the property. This means you will have more time to save before settlement while the property is being built.... - Increase in Property Value: If the market experiences growth, the property you purchase off the plan today may increase in value when you settle two years later. - Tax Advantages: If you’re buying off the plan as an investment and plan to lease your new home to renters, you may be eligible for thousands of dollars worth of tax deductions. - Seven Year Builders Guarantee: New builds in Australia come with a 7 year builders guarantee which means structural or interior building faults must be repaired by the builder. Risks to buying off the plan Like all decisions, you need to consider not only the positive aspects, but potentially unfavourable factors too. If you’re buying the property as a place to live, unexpected delays in construction could mean you are unable to move into the property as planned. However, in most off-the-plan contracts there is a safety net for buyers, called the sunset clause. This allows you to cancel the contract if developers have not met construction requirements. There is also a risk that a developer goes bankrupt. It’s worth checking the clauses in the terms and conditions of your contract; will you get your money back and what guarantees do you have? Finally, interest rates could increase before you settle on the property which is problematic if you want to fix the term of the loan at the current interest rate. Recommendations: - Research the past projects of the developer. - Visit the property site and check the location / amenities. - Research the market conditions and speak to an expert regarding property prices. - Enlist a Solicitor or Conveyancer to check the terms of the agreement to ensure you are protected. If you have any further suggestions, please share in the comments...

19.01.2022 COMING SOON - AMAZING BRAND NEW 1 & 2 BEDROOM APARTMENTS FOR RENT IN THE HEART OF HEIDELBERG. Register your interest to [email protected] as these will not last! @ Heidelberg, Victoria, Australia

17.01.2022 How to maximise the value of a property when refinancing A property is typically viewed as three interrelated elements. 1. Land Location, position, aspect, size, dimension and topography are all considered by thevaluer. They are looking for all the pros and cons across these variables. 2. Dwelling Age, size, construction, layout, accommodation, condition, utility. Again, thevalueris wandering through your home and taking in what a typical buyer would consider a plus..., and a minus. 3. Ancillary (or site) improvements Fencing, landscaping, driveway, pool, shed, and any other extra constructions separate from the dwelling. Preparing for a residential property valuation when refinancing your home loan is essential because as many as 1 in 7 home owners* are unsuccessful in refinancing their mortgage due to the value of their property decreasing. Here are some tips to help you prepare for your valuation: Tidy up. First impressions are lasting impressions! It is a good idea to tidy, declutter, repair and finish any half-completed renovations. This will display your property’s full potential. Some key areas: * Mow & tidy your lawn * Clean bathrooms and kitchen these areas can add value to a house * Vacuum * Take out the rubbish Lastly, always provide good lighting. Bank instructions are to provide a minimum of five photo’s in a valuation report usually kitchen, bathrooms, living, and exteriors. So, it is best to present these areas spick and span! Provide Documentation. Dig out some paperwork, including, building plans, council rates notice and/ or land tax valuations. It also can’t hurt to provide the valuer with a list of your property features, just in case they miss something! Know your area, the market and track local comparable sales. Provide the valuer with anyrecent sales figures for nearby property’s. Try to collect evidence of this for example a copy of sold properties or real estate agents contact details. It’s also worth sharing a list of any community developments in the area, e.g., public transport and/ or amenities. *source: ABS

17.01.2022 Check out one of our latest projects in Eden Gardens, Wollert, Victoria *2, 3 and 4 bedroom townhouses *Only minutes from Aurora town centre ... Contact Adrian for more details at [email protected] / 0413167607 Melissa at [email protected] 3/85 Highpark Drive Wollert, Wollert, Vic 3750 https://www.realestate.com.au/property-townhouse-vic-woller

16.01.2022 Property Market: Research Insights The global health pandemic may have forced us to restrict movement (and thus business practices), however, from a property perspective we are already seeing a strong and steady recovery. Data from the Australian Bureau of Statistics (ABS) released on Monday 2nd November showed between August 2020 and September 2020 the number of dwellings approved for construction nationally increased by 15.4%. Annually (September 2019 to September 2020) ...this represents an 8.8% increase. The ABS recorded a 9.7% jump in approval for houses between August 2020 and September 2020, and a 23.4% increase in unit and apartment approvals. On an annual basis (September 2019 to September 2020) this represents 20.7% increase for houses and a -12.1% decline for unit and apartment approvals. I’m sure other Victorian realestate agents will agree, in that residential property enquires and sales increased in the September quarter 2020, and a lower cash rate will no doubt propel this even further. The ABS has already reported positive new loan commitments, with a 5.9% increase for mortgages in September 2020. Further, Owner-occupier loans increased by 6.0% from August 2020 to September 2020, whilst investor loans increased by 5.2%. Annually (September 2019 to September 2020) this is a 33.8% increase for owner-occupiers and a 4.2% increase for investors. The recent enactment of measures by the Reserve Bank of Australia (RBA) is further expected to have a positive effect on the property market... Stay tuned for our next update! #propertymarket #research #investment #investmentproperty #rba #interestrate #economics #realestate #realestateinvesting #realestateinvestor #cashrate #australianpropertymarket #australianpropertyinvestors #realestatenews #melbourne #victoria #realestateadvice #newbuild #houseandland #turnkey #northofmelbourne

15.01.2022 Why purchasing off the plan can be advantageous 1. Stamp Duty Savings. Off-the-plan purchases may be eligible for an off-the-plan concession. To be eligible, the property must either be your principal place of residence or first-home purchase. To access the off-the-plan concession the dutiable value of the home must be $750,000 or less for first home buyers, or $550,000 or less for home buyers. Additionally, at least one purchaser must use the property as their home for a ...continuous period of twelve months, starting within twelve months of possession of the property. 2. Lower Maintenance. Older properties often come with maintenance. However when you build a new home, maintenance is minimal. Of course if you do experience significant issues that arise within seven years, this should be covered under the builders warranty free of charge! 3. Lower Utility Expenses. The Australian Building Code require properties to meet stringent energy efficient requirements of a 6-star energy rating. This means your home will be fitted with power-saving systems across gas, water and electricity, enabling cost effective solutions for owner occupants and future tenants alike. 4. Allows Time to Save. When buying off the plan, you only require a 10% deposit, and the balance of the purchase price at settlement once the construction is complete. With greater savings, you won't need to borrow as much and therefore your loan repayments will be lower! 5. Potential Capital Gains. When buying off the plan you are buying at today's price. This can mean that you own a property that's worth more than you paid for it by the time of settlement. One of our recent projects at Eden Gardens Estate, in metropolitan Melbourne, is currently working in collaboration with Edgepoint Homes. Highpark residence consists of 11 full turnkey townhouses is selling fast and set to commence construction early 2021. For more information, or to book an appointment, please contact Adrian. Phone: 0413 167 607 https://edengardensepping.com.au/ Edgepoint Homes https://www.edgepointhomes.com.au

12.01.2022 A beautiful selection of 51 apartments to be released in early 2020 in Smith Street, Collingwood. Register your interest now to reserve the best apartments with city views. Call Adrian Sullivan on 0413167607 or email [email protected]

12.01.2022 The recent 5km radius placed on Melbourne has certainly made us value community and open spaces more than ever before Discover the benefits of Eden Gardens Estate in Wollert, within walking distance to all amenities, including a range of open spaces with parks, reserves, and picnic facilities. For more information, please phone Adrian 0413167607. #wollert #edengardenestate #melbournenorth #epping #melbournehomes #houseandland #firsthomebuyers #downsizers #melbournehome #lovewhereyoulive

10.01.2022 The Government HomeBuilder grant has been extended If you wish to apply for the full $25k, you must get in before December 31, 2020. Otherwise, for new build contracts signed between 1 January 2021 and 31 March 2021: - Eligible owner-occupier purchasers will receive a $15,000 HomeBuilder; and ... - The property price caps for new builds in New South Wales and Victoria have been increased to $950,000 and $850,000 respectively. All other States and Territories, $750,000. The construction commencement deadline has been extended from three months to six months for all eligible contracts signed on or after 4 June 2020. This is in addition to the cost of stamp duty being slashed by up to 50 per cent in Victoria! Good news heading into Christmas... 2021 is looking bright! If you are looking to sell or purchase property in Melbourne and surrounding suburbs, please contact Adrian for more information. Ph: 0413 167 607 Source: https://ministers.treasury.gov.au//homebuilder-success-see #firsthomebuyersgrant #federalgovernmentgrant #homebuyers #firsthomeowner #family #downsizing #realestateeducation #realestate #property #propertyinvestment #newbuild #australianproperty #houseandland #edengardens #offtheplan #realestatenews #turnkey #turnkeyprojects #melbourne #victoria #australia #letussellyourhome

08.01.2022 At Sullivan and Co. Real Estate we are privileged to not only be able to work alongside some very talented builders and architects, but also support individuals and families to find their ideal design, whether it be for an investment or their forever-home. Located near our recent project Eden Gardens Estate, Wollert are many builders @bentleyhomesaust @burbankliving @dennisfamilyhomes @lentinihomes One question we receive regularly is, what is turnkey? Turnkey simply m...eans a home that is ready for immediate use. Buying a turnkey home literally means that once the building is completed, you can turn the key in the front door and start living there straight away, with no further work required. If you’re a first home buyer you may have a pretty strict budget. Purchasing a turnkey home can help avoid budget blowouts because absolutely everything you need is included in the price. This means that you can actually move into a completed home without having to run around to fill in all the missing gaps. Imagine moving into a home with a small family that doesn’t have any fencing... In keeping with our theme of supporting businesses through lockdown, we have selected to showcase Luxton Homes given they comprise Turnkey homes and impeccable reviews: https://www.productreview.com.au/listings/luxton-homes Please don’t hesitate to contact Adrian Sullivan if you would like any further information. He and the team understand that purchasing property can be stressful, but an approach to mitigate stress is education. At no cost, we can educate based on your needs, style and budget. Phone: 0413 176 607 Email: [email protected] https://edengardensepping.com.au/ #melbournenorthbuild #melbournenorthside #supportlocalbusiness #edengardensestate #turnkey #wollert #houseandland #epping #craigieburn #mernda #wallan #mickleham #donnybrook

06.01.2022 Is there a better way to to wake up to a Melbourne sunrise than this. LibertyOne by Bensons property group is one of Melbournes finest investment opportunities offering 5 year rental guarantees and unsurpassed luxury only 5km from the CBD. Call Adrian Sullivan on 0413167607 for further details.

06.01.2022 Supporting local business from home during lockdown One of our recent projects at Sullivan & Co Real Estate - Eden Gardens - is located in Wollert, 40-minutes’ drive from Melbourne CBD. In promoting some of the businesses in Wollert and surrounding areas, here are our tips to support local community while social distancing: ... 1. Order supplies online. We still need to eat and maintain personal hygiene. Consider restocking from these local businesses: @govitaepping @auroragrocery @bangn.body @hamarabazaar_aurora 2. Support your mental health through keeping active. Evidence shows that regular exercise can have a profoundly positive impact on our mental health and wellbeing. Consider participating in an online class from these local businesses: @plentyvalleypilates @f45_training_eppingvic @f45_training_craigieburn @leading_edge_fitness 3. Learn something new - art making - or try a different cuisine. Consider some of these local businesses: @bluestonecaferestaurant @diletto_epping @stationcafe134 @urbantadkaamelbourne @bubblesartstudio @laksartclass 4. During these times, you might know someone who is in isolation. Let them know that you are thinking of them by simply posting a gift - or plan ahead for Christmas! Consider some of these local businesses: @_butterfly_books @shadygumgarden @somuchgraze We invite you to tag any local businesses in the comments to show your support. #melbournenorthside #edengardenestate #houseandland #supportlocalbusiness #wollert #epping #craigieburn #mernda #wallan #mickleham

05.01.2022 Despite the lockdown in place across Melbourne, Eden Gardens Wollert, has almost sold - with only 5 lots remaining in Stage 1a. With schools, health services, and transport links all within a stones throw, it's an ideal location for both the growing family or downsizer. Blocks remaining start from $339,950 and range in size from 390m2 to 467m2 ... #landsalesvictoria #wollert #edengardenestate #melbournenorth #epping #firsthomebuyer #downsizers #houseandland #auroratowncenter

05.01.2022 Breaking News The Reserve Bank of Australia has cut the official cash rate - lowering it by 15 basis points to a new record low of 0.10%. According to the RBA Governor, Philip Low, The board decided on a package of further measures to support job creation and the recovery of the Australian economy from the pandemic.... In response, banks and lenders may announce adjustments to their interest rates in response to this historic drop! Time to check whether you are getting a competitive deal with your lender. #interestrate #cashrate #melbourne #rba #lowinterestrates #negotiation #property #propertyinvestment #realestate #realestateagent #realestateinvesting #realestateinvestor #realestatenews #realestateadvice #realestategoals

05.01.2022 We decided that today we would shift our focus away from work, to acknowledge what many may be feeling as a result of lockdown in Melbourne. While we at Sullivan & Co Real Estate have been fortunate enough to continue working, the global pandemic has been mentally challenging. Self-isolating and/or working from home can have negative effects on our wellbeing are you feeling tired, drained, disorientated and forgetful? This may be COVID Brain! (https://www.abc.net.au//are-y...ou-suffering-from-c/12672546) The good news is there are resources we can adapt for the current situation to support our wellbeing, particularly if stuck at home and/or feeling stressed. Flinders University researchers have developed wellbeing activities. STREAM consists of six strategies to help you cope: S is for Social networking: "Try and socialise as much as possible. It's really important people keep in touch with others and engage socially as much as possible, whether that's through digital means or telephone." T is for Time out: "Don't spend your whole day watching ABC News getting updates on the Victoria situation. Turn the damn thing off and start talking to yourselves about what's real and what's actually happening." R is for Relaxation: "Do some relation exercises, whether it's walking, mindfulness, yoga, breath exercises or even watching your favourite Netflix programs." E is for Exercise and entertainment: "Do things that give you a sense of mastery and a sense of pleasure. Do a little bit of exercise and up the ante or read a book." A is for Alternative thinking: "This is not like any other situation any of our generation has ever faced. But you know what? Have a chat to your grandmother, who may have been there during other pandemics. There is such wisdom in those people and there is such a sense of perspective in the older generation." M is for Mindfulness: "Do stuff for other people and be mindful of other people's needs. Ring up that friend who you know doesn't have family or that friend who you know has just had a relationship breakup. There is great achievement and a great sense and a great sense of self in helping others.

04.01.2022 Do Black Friday Deals Exist in Realestate?.. Yes! Eden Gardens Townhouses With a six-star energy rating and full turnkey, these architecturally designed homes take pride of place within the stunning Eden Garden estate, Wollert (Melbournes north). ... With only six townhouses remaining, these homes are the perfect choice for first home buyers, investors, families and downsizers alike. And now, if you BUY BEFORE DECEMBER 15, 2020, YOU WILL RECEIVE A $10,000 AIRCONDITIONING UPGRADE. Don’t forget you may also be eligible for the $25,000 HOMEBUYERS GRANT. This is in addition to news earlier this week announced in the state budget that the cost of STAMP DUTY WILL BE SLASHED BY UP TO 50 PER CENT IN VICTORIA. The full 50 per cent discount will only apply to new build homes valued up to $1 million. For more information, or to book an appointment, please contact Adrian, 0413 167 607. #realestateblackfriday #blackfriday2020 #realestate #melbournesnorth #turnkey #offtheplan #edengardens #townhouse #melbourne #victoria #newbuild #propertyinvestment #firsthomebuyer #downsizing #family #houseandland #wollert #australianproperty #realestatenews

03.01.2022 Changing lifestyle expectations and demographics is leading to significant growth in demand for townhouses We often get asked questions about the range of residential dwelling types what are they and what is the best value for money? While there is no single answer as we all have unique circumstances, combing data from the Australian Bureau of Statistics (ABS), let us summarise why townhouse dwellings are in demand.... The first is demographics. Australia’s population is growing rapidly. Going forward, the expectation is that there will be sustained growth in one and two person households. The ABS projects that between 3.0 and 3.5 million people could be living alone in 2041. This is up from 2.3 million in 2016, representing an increase of 32% and 53% respectively. The second factor, is lifestyle. Owners and renters place a major value on retail, entertainment, social and other amenities. For many, demanding occupations and lifestyle preferences leave little time for home maintenance and gardening. Mowing the lawn, once a regular tradition in suburban Melbourne, has been replaced by a coffee at the local café and smashed avocado for brunch. The third factor is design. Creative, efficient and savvy architecture both inside and out can provide townhouses with an attractive and contemporary appearance while also maximising available space. What’s more, with home building blocks decreasing in size, there is often little difference in outdoor living space when compared to some townhouse constructions. Likewise, community parks for recreation are often within easy access. The fourth and fifth factors are policy and pricing respectively. With urban growth, it is a given that land prices will continue to rise especially where population growth has been robust (e.g. Melbourne). https://www.realestate.com.au//clyde-wollert-among-suburb/ With a growing demand for low-maintenance living, a townhouse might just meet your requirements! For more information, please contact Adrian. Phone: 0413 167 607 Email: [email protected] https://edengardensepping.com.au/

03.01.2022 Only 4 weeks left before the grant is reduced to $15,000

01.01.2022 The pandemic is making people reconsider city living As work becomes less tied to the office or disappears completely, the pandemic is fundamentally changing the appeal and necessity of inner city living. There are not too many suburbs that tick so many boxes, but Eltham, only 20km north-east of Melbourne, is proving to be a winner with a range of home buyers. Eltham offers a wide range of recreational pursuits and children adorethe ever-popular Diamond Valley Miniature Ra...ilway in Eltham Lower Park, in addition to the recent opening of a 2.5 million dollar regional playspace in Nilumbik, which comes complete with a tram cafe! Of course, Eltham is also the gateway town to the wonderful wineries and accommodation that defines the Yarra Valley. A fun fact, Eltham is also home to a historic wooden railway trestle bridge, built in 1902, that is the only wooden trestle bridge still in use in Melbourne's electric railway network. A recent homely review for Eltham was titled: "Prettiest Suburb in Melbourne". If you are out and about this cup weekend, why not drive out to Eltham and see for yourself! We have tagged some of our fav local eateries and experiences that you may also enjoy while visiting! If Eltham has sparked your interest, or you are already living in the area and looking for another property, we may have one for you! 2/2 Zig Zag Road, Eltham, Vic 3095 https://www.realestate.com.au/property-townhouse-vic-eltham For more information, or to book an appointment, please contact Adrian. Phone: 0413 167 607 #eltham #elthamtown #melbournefoodie #diamondcreektramproject #tramcafe #realestate #treechange #homebuyers #propertyinvestment #property #australian #australianpropertymarket #cafesofmelbourne #melbournetoeat #melbournetodo #diamondcreek #montmorency #briarhill #greensborough #nillumbik