Big drop in available rentals in Perth

amanda — Tue, 28 Feb 2012 02:36:32 +0000

Article by Russell Quinn, PerthNow, February 15th 2012

THE rental squeeze in Perth continues with the number of properties available for lease falling almost 20 per cent in the past two months.

The head of the Real Estate Institute of Western Australia believes recent data suggests rents are steady in Perth and that talk of rental crisis was exaggerated.

But the availability of suitable rental accommodation across Perth has fallen dramatically with 500 dwellings coming off the rental roll.

“The more notable feature is an 18 per cent fall in the number of properties available for lease from 2,800 at the end of December to 2,300 in mid February,” REIWA president David Airey said.

Preliminary data from REIWA’s January survey show the quarterly vacancy rate for the three months to January sitting at 2.5 per cent, the same rate as the revised figure for the December quarter of last year.

“The percentage of metropolitan rental properties available for lease was unchanged over the three month period as a whole but did fluctuate a little for each calendar month,” Mr Airey added.

“We did see the vacancy rate in December lift a bit to 2.8 per cent but this has subsequently fallen to 2.3 per cent for the month of January.”

Median rents in the three months to January remained unchanged from the December quarter, with units and villas renting for around $380 per week and houses renting for about $420 per week.

Mr Airey said that it was possible the vacancy rate might tighten further during this quarter, but the situation was nothing like the March quarter of 2007 which saw the vacancy rate plummet to just 0.8 per cent.

Mt Hawthorn Terrace Style Apartments

amanda — Tue, 21 Feb 2012 00:25:06 +0000

The team at Pulse is thrilled about 2 upcoming projects in Mount Hawthorn. Plans are currently with council for terrace style apartments close to the train station and the buzzing lifestyle amenities that Mt Hawthorn has to offer. We’ve received a large number of sales enquiries for this unique product, once approvals are received we will be in a position to release information packs.

4 Sold in Popular Innaloo Development

amanda — Tue, 21 Feb 2012 00:13:47 +0000

4 of the 6 units at our development on Langley Place in Innaloo are under offer. The builder is working on the finishing touches as the project is only a few weeks away from completion. The development looks amazing. The designer has successfully created a spacious complex and used natural light to entice you into the living areas of each home. The location is excellent, positioned on top of the hill at the end of a small cul-de-sac overlooking Yuluma Park. Each unit offers a unique floor plan ideally suited to first home buyers or those wanting a low maintenance home or investment property.

Please contact Pulse for details of the remaining units admin@pulseps.com.au

Progress so far:

Port Hedland Townhouse Project Now Complete!

amanda — Mon, 20 Feb 2012 10:02:49 +0000

The townhouses on Kingsmill St Port Hedland are now complete and look amazing. We carried out the final inspection last week, the tenants moved in this week and the property’s are due to settle early March. We are delighted with the outcome of this project which was delivered on time and to budget. Big thanks to the CWD build team and Scribe Design for all their efforts delivering another quality product for Pulse.

We are now on the look out for another exciting project in the Pilbara, please contact us if you know of any.

Some photo’s of the stylish townhouses below:

Stylish Geraldton Home

amanda — Wed, 23 Nov 2011 07:32:02 +0000

Pulse has completed another home in Glenfield Geraldton! This property is currently available for purchase, a great investment or home for the family.

This 4×2 spacious home features:
241m2 under the main roof
Great outdoor entertaining backyard
Dedicated area to watch the ocean from the frontyard
Home theatre
Large master with his & her WIR’s
Ducted air conditioning
Fully landscaped and reticulation
Window coverings
Colourbond roofing

Industrial Subdivision

amanda — Wed, 23 Nov 2011 06:47:14 +0000

Pulse is currently managing the subdivision of an 8330m2 industrial property in Forrestfield. With assistance from the friendly team at Vision Surveys we’ve lodged an application to subdivide the property into two lots. We expect to have a response early next year. The property is unique given its central location to the transport corridor of the Perth metro area and it’s one of the few remaining properties that contains large hard stand areas ideally suited to logistic and mining related businesses.

Innaloo Project Moving Quickly

amanda — Wed, 23 Nov 2011 05:45:23 +0000

The units at 4 Langley Place Innaloo are now at lock up with trades starting on internal fit outs and fixings. Unit 1 is sold, the remaining 5 are still available however with the recent strong level of enquiry they are not expected to last long. Prices start from $499,000.

These homes are located in a prime elevated position over looking Yaluma Park near Innaloo Sportsman Club. Close to Innaloo and Karrinyup shops, cafes, Scarborough Beach and transport. Ideal for first home buyers, downsizers and investors.

Pulse is extremely pleased this project is tracking on time and on budget, below are photos of the development:

Port Hedland 4×2′s For Sale – 11% Return

amanda — Wed, 23 Nov 2011 04:39:27 +0000

New Luxurious 4 X 2 Executive Townhouses
These fabulous 2 storey homes are currently under construction and are almost complete, soon to be ready to occupy. Located on Kingsmill Street one of the best streets in Port Hedland, close to the Town Centre, and only a short stroll to the beach and the Port Hedland Yacht Club. The townhouses feature a large open plan kitchen, dining and living areas which lead to a classy outdoor alfresco area. A laundry, store and powder room are also located downstairs. The four spacious bedrooms are on the second floor. The main bedroom has its own private balcony for enjoying the sea breeze and taking in the ocean views and comes complete with an ensuite and walk-in robe.

Features:
4 large Bedrooms
Main bedroom with ensuite and walk-in robe
Upstairs Balcony with Ocean Views
Spacious Linen Closet
2 Toilets upstairs
Powder room downstairs
Modern Kitchen quality stone benchtops
Large open-plan Living and Dining area
Undercover Alfresco
Double Carport and covered Entry
Secure Lock-up Storage Room
Separate Laundry and discreet Clothes Line
Complete with all turn key items including air conditioning, window treatments, landscaping and…show more retic
Built by the highly regarded CWD
212.5m2 Total Building Area
95 m2 Upstairs Area
117.5 m2 Ground Floor Area

These homes will provide ideal Executive level family sized accommodation and will be highly sought after. They are a Rock-Solid Investment in one of the best areas in Port Hedland. Currently available to purchase at $1,390,000 each, estimated rent of $2,950 per week providing an 11% return!

South Hedland Subdivision Approval!

amanda — Wed, 23 Nov 2011 04:30:00 +0000

WAPC have conditionally approved the survey strata subdivision of our clients property on Pedlar St, South Hedland. David Purcell, our valued client, was delighted to receive news of the approval. Based in Queensland, David contracted Pulse to manage the approval process on his behalf.

“Employing Pulse to manage the subdivision approval of my property was a good move, I had peace of mind knowing they were handling everything, especially given I live on the other side of the country,” David said.

The process was managed in a timely manner, both David and Pulse are very pleased with the results.

Pulse hopes to work with David on the next stage on the subdivision process so that titles can be issued and construction begin.

Karratha Display Under Offer

amanda — Mon, 14 Nov 2011 03:02:34 +0000

This magnificent display home located in Baynton West Karratha is now under offer. The superbly built 4×2 plus home theatre (or 5th bedroom) is estimated to fetch $2,150 per week in rent, a great cash flow investment opportunity for the buyer.

This beautiful home features an open plan design, large alfresco and landscaped backyard, quality fixtures & fittings, tiled throughout, air conditioning & ceiling fans. Located in a brand new estate, surrounded by quality display homes, a highly sort after address.

Pulse Property Solutions