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On Friday 24th July we celebrated National Property Managers Day recognising the amazing efforts of residential and commercial property managers across Australia during the COVID-19 pandemic. Property managers have been dealing with issues around tenants and property owners who have lost income ...
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Introducing ...We are excited to announce the growth of our Sales Team and would like to introduce you to our newest Property Consultants.Peter Taylor rejoins our agency to focus on the Commercial/Industrial market and is very well connected with his community involvement in the Chamber of Commer...
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The past 3 months during Covid-19 have been a roller coaster ride in managing rental enquiry and leasing. We are pleased to report that the vacancy rate is going down and the number of properties leased is going up. It has been a challenge conducting viewings due to the various levels of Covid r...
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Builders, construction companies and developers have welcomed the Federal Government’s $25,000 HomeBuilder scheme as a stop-gap for the struggling industry and a “catalyst” for hesitant homeowners to take action in the COVID climate. The government’s $680 million cash inj...
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Buying a new home or investment should be a fun experience!! We're committed to helping you find your new home or investment. We've been doing it since 1985 and in that time we've helped many people achieve their property dreams. So we think it's fair to say we know a thing or two about buying a...
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The Western Australian government has launched a new service that aims to help tenants and landlords resolve COVID-19 tenancy issues. This week, the McGowan government announced that it had created a free conciliation service to assist renters and landlords reach agreement about coronavirus-rela...
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Australia's well planned exit path from the COVID-19 epidemic will likely return life as close to pre-coronavirus as possible, barring international travel, by September. By most estimations the economy will be back firing by then and unemployment will be falling. In most industries, job securi...
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Whilst we have experienced unusual and unprecedented times recently due to the global pandemic, Western Australia has been one of the least affected in Australia which has fortunately had limited impact on the property market.After an initial slow, we have since seen more interest from serious bu...
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Did you know there are two potential values for your property? There is the market value (an appraisal from a licensed Real Estate Agent) and the bank value (completed by a licensed Valuer). Market value is essentially the price that the property is anticipated to sell for in the current market....
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Aren't these photos testament to just how great it is to be able to do business from anywhere!! Whether it's initially viewing a property online, taking a walk through (we have 3d viewing experiences too) or researching market history - as consumers we want information readily available at our...
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People eventually move out of rental properties that’s just the way the business works. You need to know when to start looking for new tenants so your property is never left vacant for too long. Ideally, you want the next tenants to move in the day your property is available to avoid any l...
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The WA Give has announced a new package to support tenants, landlords and the construction industry in the Covid-19 pandemic with full details available here. Details about the Residential Rent Relief Grant Scheme are available on this link. Residential tenants and landlords The WA Government h...
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The WA Government has passed new laws to offer greater protection for small commercial tenants who are in financial distress resulting from restrictions imposed to combat the COVID-19 pandemic. The legislation aims to help to protect small business tenants from a range of prohibited actions, whil...
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As the hardships of Coronavirus make themselves felt across Australia, both tenants and landlords can expect to have to share the load. First National Real Estate is doing everything it can to make access to government support as easy as possible. Tenants who have lost their job If a tenant has...
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Rental pressures have remained modest across most areas of Australia, with the national rental index up 0.3% over the month and 1.2% higher over the March quarter, according to CoreLogic. However, significant challenges related to Coronavirus lay ahead. The past twelve months has seen rental rat...
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Despite the escalating Coronavirus crisis in March, housing values continued to rise throughout the month, by 0.7%, (according to CoreLogic) however, the rate of capital gain began to slow in the second half of the month as confidence started to wane and social distancing measures were tightened....
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As much as Covi-19 is having an unpredicted toll on the Real Estate industry, there are still lots of buyers in the market due to the recent drop in Australian interest rates to a historical low of 0.25%. This means there is still a demand for real estate, people still need to buy, and still ...
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Have an opinion on the concept designs for a proposed new boating facility at Entrance Point? Have your say by taking the quick and easy survey. The Shire of Broome is progressing long-awaited plans for a new boating facility, with a public consultation period now open. The Broome Boating Facili...
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Following last nights announcement regarding the latest developments regarding Covid-19 there has been considerable confusion caused by some media channels. It has been reported that “inspections are no longer permitted to be provided” but in reality the announcement only referred to ...
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The Prime Minister on Friday advised that the National Cabinet would consider introducing new rules potentially preventing the eviction of tenants for a period. States and territories will be responsible for implementation of any such rules. An announcement is considered imminent, however in ...
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With the intent of flattening the ‘COVID-19 Curve’ and ensuring our hospital is well placed to assist those in need we are making further changes. Times have changed quickly and we are now finding an increasing number of occupiers refusing to allow access to our staff and service prov...
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Last Friday evening we were recognised for outstanding achievement at First National Real Estate’s General Excellence and Marketing Awards (GEM), held at Crown Perth. The awards recognised the best of First National’s Western Australia agents throughout 2019, with the top 10 individu...
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Given the spread of Coronavirus (COVID-19) and its declaration by the World Health Organisation (WHO) as a public health emergency, First National Real Estate Broome is taking considered action to ensure the safety, health and well-being of our people and clients. Real estate is a business where...
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We are Broome's property management experts, delighting property investors since 1985. If you find this article helpful or enjoyable, please subscribe or share it with someone else who may benefit. The level of cleanliness of a rental property is crucial for both landlords and tenants. As a land...
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We are now 2 months into the new year already and we are pleased to report we are continuing to see improvements in the Broome rental market. REIWA (Real Estate Institute of WA) analysis shows Broome rentals had stabilised with a quarterly improvement in the median price up 1.4%. This means a Bro...
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It was supposed to be a new mine worth half-a-billion dollars, built in the west Kimberley and employing local Indigenous people. But now Sheffield Resources has announced the majority of local employees for their prospective Thunderbird mine will lose their jobs. The proposed mineral sands mine...
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Congratulations! Once you’ve reached this stage it means you’ve found a rental property you are interested in and need to apply. With competition in the rental market quite high, it’s important you get your application right from the start and submit one you are proud of. The a...
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Seven of WA's nine regional centres recorded an increase in median weekly rent according to reiwa.com’s December 2019 quarter data, with the largest increase of $128 to $620 per week recorded in Karratha. The only two regional areas that didn’t see an increase were Albany that ...
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Not only has the push for climate change made its mark on the streets of Australian capital cities but suburban and regional Australian real estate markets are now seeing the force of climate change consciousness with an influx of local home buyers and renters seeking properties that are environm...
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Authorities in Broome are cracking down on Airbnb and other sharing economy accommodation, telling owners to stop operating or face enforcement action. This week, hosts were bewildered to receive letters from the Shire of Broome giving them until the end of January to pull the pin on their "unaut...
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There have been some recent changes to the Residential Tenancies Act as of 1/1/2020 that we need to advise you of. The two main ones that will affect the majority of owners are: We can no longer charge the tenant for the special water meter reading fee (current charge from Water Corporation is...
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By the time buyers are certain that house prices have returned to growth, which usually takes at least three or four months, the price of an average home may have risen by twenty to thirty thousand dollars or more. For those that are ready to buy now, our recommendation would be to not hold back.
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Broome residents have voted overwhelmingly in favour of a $110 million floating jetty for the town which could help triple the number of visiting cruise ships and aid the oil and gas industry.
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As you may already be aware there has been an increase in crime activity so we please ask if you are going away we strongly recommend you have a friend stay or a neighbour keep an eye on your property and report and suspicious activity. The police have provided us with a handy checklist to help e...
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The Shire of Broome Annual Electors Meeting was held at the Shire Offices and although due to commence at 4:00 pm was delayed to allow a large attendance to register and try and find some space in Chambers, it was standing room only at the end with numbers still outside in the hall.
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Cyclones are a part of life for people in Broome and have the potential to threaten lives and cause large-scale destruction. The official cyclone season lasts from November to April. Here are some tips to help you familiarise yourself particularly if you're new to town. Before a cyclone Dur...
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Sometimes we find owners spend too little time assessing the skills of their property manager and need to look beyond fees when choosing who will manage their investment portfolio. Property Managers frequently manage real estate portfolios exceeding the value of most financial advisors yet rarely...
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Your next investment property may actually be more affordable than you think if property depreciation is correctly claimed. Investors will usually consider the potential rental return of the property, the property’s location in proximity to local services and facilities, local employment dr...
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Housing affordability has improved across the country seeing the highest percentage of first home buyers in the marketplace in eight years, according to research from the Real Estate Institute of Australia. REIA President Adrian Kelly said the September quarter 2019 edition of the REIA Housing Af...
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Planning is well underway on Broome’s annual community Christmas celebration in Chinatown with the event happening on Friday 6 December from 4pm to 8pm.
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Sales activity has improved in the September 2019 quarter, with five of Western Australia’s nine regional centres recording an increase of more than 19 per cent.
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The Broome Waste Management Facility will take household rubbish for free on the last weekend in October and first in November to help prepare the town for cyclone season.
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It is very important that you vote in the Shire Council election this Saturday.Many of the candidates have refused to endorse or support the Kimberley Marine Service Base, even in principle.This type of development will provide Broome with a much-needed economic boost. We ask you to please e...
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Congratulations to our Property Management team who were recently recognised in REIWA's top performers.In fact we were the ONLY Broome agent mentioned and we were competing against a much larger demographic with a lot of other agents.This is the first time that REIWA have ever produced figur...
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Laws to allow renters to fix furniture to walls to prevent death or injury to children from toppling furniture have passed through State Parliament. The Consumer Protection Legislation Amendment Bill 2018 amends the Residential Tenancies Act and means landlords must allow tenants, who submit a re...
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Further upgrades are coming to Chinatown following the announcement by WA Premier Mark McGowan of $11.95 million in funding towards Stage Two of the Chinatown Revitalisation Project. The Shire of Broome has also committed $3.6 million to the project, with $800,000 this financial year all...
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A private Western Australian company has gained state government approval to develop a floating wharf and onshore terminal at the port of Broome, targeting oil and gas services and cruise ships as its main customers.The $110 million project will be constructed and funded by Kimberley Marine Suppo...
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Recently we asked ourselves is the pen-and-paper approach to completing business agreements slowing us down? Our Agency is all about regularly updating our systems and procedures to remain as efficient and productive as we can to offer the best service we can.Traditionally, getting a signature on...
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Some exciting accolades in our office the last couple of months. We knew our sales team were kicking goals but being recognised by the Real Estate Institute of Western Australia just shows the hard work both are putting in. Congratulations! The first months in the real estate business are su...
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First National Real Estate Broome is a family business and has been managing properties for over 30 years. Our manager of Property Management, Charmaine Snow has been with our agency for 20 of those years and we are really proud of our team and the service we provide. We are the leading Leasing A...
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The wheels are in motion on the first stage of the new BRAC 1 Youth Bike Precinct as construction gets underway. The new facility is being created on vacant land off Frederick St between Broome Recreation and Aquatic Centre and the Boulevard shopping centre and is being undertaken in stages as f...
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By making small changes to your rental property, you can make it much more appealing to tenants. When your property experiences a vacancy, it’s the perfect time to make some basic improvements that can add value and appeal.Before you startObviously major renovations are out of the question ...
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Edwina recently made the seachange from Adelaide to Broome and luckily for us, has started Enhanced Property Styling. She has years of experience in the creative industry and visual merchandising and offers a free quote service for anyone interested. Enhanced Property Styling prides it&rs...
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The decline in property prices continued in the June quarter and will most likely mark the bottom of the cycle, according to the latest research from the Real Estate Institute of Australia.REIA President Adrian Kelly said REIA Real Estate Market Facts for the June 2019 quarter show weighted avera...
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One of the most common mistakes made by property investors when completing their annual tax return is confusing repairs, maintenance and improvements. According to the Australian Taxation Office (ATO), repairs are considered work completed to fix damage or deterioration of a property, such a...
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At this point in time, consumers have more access to whatever we want than ever before. Maybe it’s the digital revolution that has given us a greater sense of entitlement, along with a sharper impatience for a quick hit. Maybe we just panic buy, because we get overwhelmed with the sheer vol...
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Are you one of those people who rush through an open home, thinking about where you’ll put the sofa and how you can renovate? If so, then you are probably also the one filled with regret before the ink has even dried on the contract. It’s always exciting to see a new property, but it&...
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When a new baby arrives, a whole new level of domestic geography is revealed to unsuspecting new parents. Innocent cupboards become death traps and doorways and drawers potentially become dangerous guillotines for small fingers.Here’s our list of top tips that you can refer to now or save f...
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If you’re thinking of buying, selling or renting you may already have an agent or be familiar enough with those in Broome to choose one. However, that may not always be the case – too much time may have passed since you last interacted with the agent, the market may be too different n...
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There are a lot of things to consider when selling your property, but few of us realise as we go through our ‘To Do’ list, just how many of those action items are actually huge misconceptions. When researching dos and don’ts, the best strategy is to pay attention to advice that ...
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It's important to clean your air conditioner to maintain good air quality in your home. Filters inside air conditioners are designed to catch dust and microbes, but if not cleaned regularly they can clog up and collect moisture and even mould. That's not good for you or for your air conditioner...
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Millennials and younger first home buyers may not yet have seen the urgency but we are urging them to get off the sidelines and seize their opportunity to buy now, before the Morrison Government’s First Home Loan Deposit Scheme starts on 1 January 2020.We have record low interest rates and ...
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Organising, planning and budgeting for an office or retail fit out can seem overwhelming but with these helpful tips you'll be ready to go in no time.1. Consider employees / friends or familyAsk your staff, family or friends for their opinions on your ideas so that they can provide advice on area...
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Landlords should check their Landlord Protection Policy as it will depend on the cover of the individual policy if they can claim this or not. If a tenant has legally been able to cease their lease under Domestic Violence Laws, it is unlikely that the Rent Default section could be enacted.Some In...
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Deductions for repairs, maintenance and improvements are matters the Australian Taxation Office pay particular attention to on annual tax returns. For this reason, it is important that landlords understand the difference. Repairs Repairs are considered work completed to fix damage or deterior...
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Corelogic’s national rental index held firm in May and was up 0.4% over the past 12 months. The Darwin and Sydney rental markets remain as the largest drag on national rental growth, with rental rates falling 5.2% and 2.9% respectively over the past twelve months. Hobart rents are risi...
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Is an interest-only loan right for you? New banking regulations mean you need to be careful. Amid the credit crunch that is dragging on house prices, it is tempting for borrowers to seek out interest-only loans to minimise their repayments and maximise the amount of capital they can access.P...
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With tax time fast approaching, here are four commonly asked questions you should be asking yourself to ensure you are maximising yields from your investment property.1. What deductions am I entitled to? As a property investor, you’re entitled to a range of tax deductions. These includ...
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If you are looking for a way for your home or investment to stand out from the crowd then you need to consider drone photography. In additional to professional photographer Taryn Yeates is now offering CASA licensed and insured Commercial Drone Photography as well. Taryn and her partner Tim (w...
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Life just got so much easier for you and us with an instant online booking system now available.We are thrilled to launch online bookings for all our sales and rental properties making life so much easier for our clients. As you scroll through our website now you're able to select the red book in...
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Residual current devices (RCDs) save lives!New legislation came in November 2018 that requires all electrical installations in new residential builds after 1 January 2019 to comply with new wiring rules. For existing residences, at least two RCDs must be fitted to protect all power and light...
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The Broome property market is very much still a buyer’s market with many Owners seeking market appraisals in an environment where buyers have the choice of many properties to choose from and compare within their budget and description range. Buyers are predominantly compromised of owner/occ...
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Recent changes to WA Residential Tenancy Act have come into effect on April 15th 2019 and gives tenants the ability to vacate a lease with seven day’s notice in cases of domestic or family violence. To end a tenancy due to Family and Domestic Violence a tenant will need to ...
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As we enter Broome's busier months now is a great opportunity to consider leasing a commercial property for a pop up shop and to test the market. Enjoy the flexibility of your owning business without having to commit long term, particuarly if you enjoy escaping over the wet season.We have some gr...
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The Australian Labor party is going to the federal election with a risky housing tax policy that will exacerbate already falling house prices, force up rents and threaten the broader economy. Labor’s strategy to halve the capital gains tax discount and restrict negative gearing to new ...
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The Broome rental market is slowly stabilising again after the wet season. Last week we leased 10 properties in one week and more than 80 properties overall in the past 12 weeks. That is on average 1 property per day.While leasing activity is slightly down from this time last year tenants a...
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Congratulations to our Manager, Charmaine Snow who just celebrated 19 years of continued service with our Agency.Charmaine is one of those people who truly fit the definition of “Awesome” and “Extraordinary”By combining dedication and exceptional customer service wit...
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In a slower market you may consider tightening your purse strings when it comes to advertising your property. Whilst decreasing your advertising spend can be tempting when the market is not at its peak, investing in that little bit extra upfront can actually pay off in the long run.How? ...
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I am the Leasing officer at First National Real Estate Broome and my main focus is leasing properties to quality tenants. I handle all of our rental enquiries, phone, internet and email and arrange viewings when required. I offer an immediate service where potential tenants are able to count...
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If you've been considering buying or selling in Broome but aren't sure about the current market how beneficial would it be to have an experienced, qualified valuer working for you?Earlier this year Fraser joined our Sales Team as a Property Consultant coming from an extensive background as a Qual...
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When an investor starts claiming depreciation, they can reduce their tax liability. This is because depreciation essentially lowers their taxable income, meaning they may be able to put more money back in their pocket at tax time. For many investors, the additional savings depreciation ...
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Sheffield Resources’ Thunderbird Mineral Sands Project is located midway between Derby and Broome. All key permitting has been secured, financing is on track and the Project is construction ready. Thunderbird promises the people of the Kimberley intergenerational local emp...
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If you are influenced by popular opinion, then you’ll probably be sitting on the real estate side-lines right now, at least as far as property investment is concerned. General sentiment is that the Australian property market is ‘crumbling around our ears’ or ‘falling at re...
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To make sure your renovation adds value to the property, you first need to know the fastest and least expensive methods to multiply every dollar you spend on your renovation. Renovating areas that increase first impressions, ie kitchen and bathrooms, painting, floors and gardens helps add va...
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Following the West's Article "Storm clouds loom over North West insurance hikes" have you noticed a difference in your policy prices?The original article reported that building and contents insurance renewals trickling into Broome have sent residents into a panic, with some policie...
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Like them or hate them, New Years Resolutions may or may not be something you choose to participate in but they are a great time to at least reflect on what you've achieved and what you plan to do this year. The WA economy is looking very positive for 2019 which is great news for the propert...
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After 10 years in the doldrums Western Australia’s property market is showing signs of life. The end of the largest mining boom in Australia’s history was swiftly followed by a severe downturn in the property market, with property prices falling in Perth and plumm...
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Did you know that, on average, one young child dies from drowning in a portable pool in Australia every year? In addition to those fatalities other children will be hospitalised and some left with severe brain damage.As portable pools – also known as wading, paddling, inflatable or kiddie p...
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REIWA’s 2019 outlook indicates the WA property market should remain stable in the New Year, with some notable improvements expected in the Perth rental market. REIWA President Damian Collins said market conditions throughout 2018 had been fairly subdued, with the most significant impro...
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Much of the marketing and advertising in real estate previously has been about blasting consumers and hoping to attract as many potential buyers or tenants as possible. In fact there are still quite a few agents using this approach.Marketing mediums have changed dramatically over the years &ndash...
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Don't just take our word for it - in part one, Australia’s leading experts in home buying share their top tips and pieces of advice to remember when buying your first home. Create a definite list of all of the things your property MUST have. Take this list with you when searching for hom...
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In this past week we have had a flurry of rental properties hit the market that has made our vacancy rate a bit skewed. At the beginning of Dec our vacancy rate was 4.45% but is now nudging slightly above 5%.The lowest our vacancy rate has been this year was in July just above 1% and was the best...
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Where has this year gone? Hard to believe we are already starting our Christmas festivities and considering changes for the New Year. Hopefully you’ll be able to enjoy some form of a relaxing break over Christmas and celebrations with family or friends. So before the heat hits too much...
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Who doesn't wish for a cleaner environment this Christmas?? We are helping Toxfree spread the message for correct recycling. They have been finding a high number of contamination found in the Front Lift Recycle Bins throughout Broome.To help ensure recycling is contamination free from waste,...
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Are you weighing up the benefits of using a property manager? If you think you’ll be able to handle managing your investment property on your own, we recommend you consider the value a property manager brings.A property manager will save you a lot of time and hassle. They can also help you ...
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We are living longer. Marrying more. Divorcing more. Subsequently, we have complex webs of financial and family arrangements.As we go through life, traumatic events can happen. When a loved one passes away, all those complications can suddenly bubble to the surface. Consequences for dec...
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Perth Now reports that QANTAS has announced it will extend it’s discount on airfares for residents of several regional WA towns. A trial of the residents’ fare program began in November 2017, with airfares to nine regional cities in Australia discounted by 10 to 30 per cent for f...
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Today officially marks the first day of the wet season ... lucky for us we are still enjoying beautiful Broome balmy weather. We had a great October in both our Sales and Property Management teams which are great signs for our market. In Sales we had 5 properties go Under Offer,...
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In the spirit of keeing moving day as stress free as possible we've come up with some handy tips to help get you through.If you haven't yet found the right property we have a great selection of properties for buying or renting. In fact our VIP alert system ensures you'll be the first to know of a...
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With a very strong link between job creation, housing demand and property prices now is a great time to bag yourself a Broome Bargain. The Thunderbird project alone will make a significant contribution to our economy and to communities throughout the Kimberley. There has been positive news...
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Would you like to know what's happening in Broome's Sales & Rental Market? Our latest Broome Activity Report is a great way to keep up to date with what's happening in your local market. Find out what properties have sold and for what price as well as a Property Management Update.Would y...
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While the market in Sydney and Melbourne is now seeing the downside of their market, over on the other side of the country ie the “West Coast Eagles” side we are finally seeing some real positive signs. Competition is still the name of the game when it comes to rent levels but th...
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Sheffield Resources Limited (“Sheffield”, “the Company”) (ASX: SFX) is pleased to advise that the Australian Government’s Department of the Environment and Energy has granted environmental approval for the Thunderbird Mineral Sands Project (Thunderbird) under the Env...
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A recent article from Business News Western Australia details approx 130 billon dollars worth of major projects under way or in the pipeline across the mining, oil and gas, transport and construction sectors in WA. The top 20 projects alone are worth about $101 billion, with the top 10 ongoi...
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A well-managed investment property can offer distinct advantages, including income and capital growth. Many investors are able to use their investment property to reduce the tax payable on their assessable income. Property is also an important component of an entire investment portfolio, particul...
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Other than Broome being a great holiday destination what you probably don’t know is there is more to the town than tourism. Recently there have been some very favourable announcements about the area and we believe the market is certainly showing signs of recovery. The vacancy rate...
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We are now starting to see the vacancy rate start to creep up from 1.5% to now over 3% which means the rental supply of property is more than the demand for rental properties. This increase is mainly due to the fact that the rate of enquiry is now significantly reduced and furthermore as we exper...
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The Commonwealth Bank's leading economist believes Broome and the Kimbertey are ideally placed to reap the bene­fits of a sustained growth period that will put upwardpressure on house prices and increase rental demand. The Broome Advertiser last month revealed residential renta...
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In the most recent newsletter released by North West Finance they gave a wrap up of the current market in Australia. For Western Australia they reported:PERTHPatience might be the key to Perth’s market, which looks like it is finally bottoming out after sliding with the resources secto...
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Construction is set to get underway on the first sub-project in a range of exciting upgrades coming to Broome’s popular Town Beach area. The first stage of the Town Beach Project is the construction of a new rock revetment seawall to address the significant environmental and safety threat ...
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Looking for accurate information about what's happening in your local market? Recent information prepared by REIWA for the June Quarter for the Broome Urban Area suggests that sales activity has experienced declining trends during the June 2018 quarter. Listings for sale in the Broome u...
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To many, Broome is a fabulous tourist destination, with a great lifestyle, balmy weather, unique pioneering history and pearling industry. Yet there is a lot more to Broome than just tourism… Broome is fast becoming the destination of choice for industry and commerce and is the regional ce...
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A voluntary recall is underway of unsafe components of gate latches for swimming pool fences which can cause the gate to be locked in an open position, posing a potential drowning risk for children. The strike component is being recalled, contained in the following latches: SafeTech...
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Read the Growing Broome liftout from the Broome Advertiser and find out what's happening around town. Giving valuable insight about what's in the pipeline for Broome.f you've been unsure about whether now is a good time to buy or sell, have a read and see what you think of Broome's future.&n...
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There is no argument that the rental market in Broome for the past 6 months has picked up pace and appeared to have stabilised. This demand saw the vacancy rate drop to a low of 1.6% with more than 202 properties leased by our agency for the past 7 months. Rental days-on market fell from 60...
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I’m sure we’ve all heard the expression “can’t see the wood for the trees”. Well that saying cannot be truer when it comes to the Home Loan market. Whilst we have a plethora of technology at our finger prints that we think makes our life easier - do...
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Already in the thick of the tourism season, now is a great time to reflect on how the market is moving. After a prolonged recovery in the WA housing market, green shoots are starting to appear and confidence in the local market is growing. WA is now tipped to lead the way in the property price...
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Calculate depreciation deductions before purchasing property.Investors often question what the real cost will be to hold a property they are considering purchasing. It is important to ensure that their purchase provides them with the maximum cash return. There’s a myriad of expert advi...
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Whether you’re considering buying your own home or investment, purchasing at the wrong time can directly affect your overall profitability. While purchasing in a rising market can influence your outlay, selling in a slowing market can also diminish your returns. When is a good time?Kno...
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HOT OFF THE PRESS - our Broome Market Update Report (April to June 2018 edition). This is a great way for you to read on a quarterly basis what's happening in Broome's local market.
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Things look like they are improving at last in the Broome rental market. For the past few years Investors have had it tough in a highly competitive rental market with rental prices down from as much as $100 per week. Broome was not alone with this downward movement as the pattern followed a simil...
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When deciding whether to renovate for profit or sell, more homeowners than usual are choosing to invest more into the property they already own. The prospect of trying to jump up a level to something else and risk not finding the right place has some homeowners erring on the side of caution. ...
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We would like to introduce you to John Foley from our sales team.John joins us with an extensive background at Branch management level with a major bank as well as sales and marketing experience. He is looking forward to the opportunity to utilise his skills in assisting clients in their rea...
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Introducing a new mobile pool service business committed to making your life easier - Poolwerx.Jeff has been a licensed plumber and gas fitter for over 25 years and felt this business would be a great fit for his skills and experience. Poolwerx is offering residential and commerical mob...
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According to the West Australian a developer is proposing to build a $100 million floating wharf at the Port of Broome for cruise ships and oil and gas vessels. Kimberley Marine Support Base has struck a deal with the Kimberley Port Authority to develop a business case for the pr...
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The Minister for Planning has commissioned an independent review of the planning system to identify ways to make it more efficient, open and understandable to everyone.The Green Paper outlines the challenges in the planning system and proposes five key reform areas. Feedback is sought from the co...
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MULTI-MILLION DOLLAR LOCK DEVELOPMENT FOR DERBY? Exciting news in the West Kimberley today, with the revelation that shire presidents have been briefed on early-stages planning for a lock system to permit bulk exports and military ships to dock in Derby. The ABC understands businessmen Kerry St...
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While many investors spend a lot of time and effort carefully researching property to find a great investment, some ignore the role that a professional property manager can play in preserving the capital value and maximising its income. Too many landlords choose their property manager on fee...
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Sheffield Resources Limited (“Sheffield”, “the Company”) (ASX: SFX) has advised that it has signed a binding Port Access Agreement (Agreement) with the Shire of Derby-West Kimberley in Western Australia.The Agreement spans a minimum of 20 years of planned production and pr...
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Affordable airfares between Perth and Broome along with several multimillion dollar projects are welcome news for our town, particularly the prosperity of the Real Estate market. Now is a great time to reflect on your existing property portfolio and your goals for the future or take the plunge to...
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Have you heard about Harvey Norman's new furniture and bedding store open at 1/26 Clementson Street?To help celebrate the opening they are offering an additional 5% off - just mention First National to score yourself a discount.They carry a large range of lounges, dining & occasional furnitur...
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What a great way to welcome a Friday with news Qantas is offering affordable flights to Broome. Aimed at luring West Australians away from Bali, Qantas will use a 180 seat Airbus 320 which normally flys in and out services to mine sites but sits idle from Friday to Sunday. It will operate da...
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The 2018 Budget had no measures that specifically address housing supply and affordability, according to the Real Estate Institute of Australia (REIA).“Whereas housing affordability was a centre piece of the 2017 Budget there was nothing in this year’s Budget that directly addressed t...
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With the start of the North West's dry season come beautiful warm days and cooler nights, perfect for exploring the Gibb River Road. Station stays and campsites are now open and ready to welcome visitors, tour operators are setting out on their Gibb itineraries, and the gorges...
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COMPETITION TIME!! Mothers Day is fast approaching and we know we have some very special Mums in our community who would to WIN a Voucher to the Aarli Bar To Enter: Simply like/ follow our Page (First National Broome) on FACEBOOK, AND Tag a friend in this post ...
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When we last looked at the investment market we reviewed a number of key changes brought about by the Australian Prudential Regulatory Authority‘s (APRA) review of the Banking system & the level of exposure to the residential investment market in particular the high level of interest on...
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When living regional it's so important to keep dollars in our own town as much as possible. When you shop with a small business, your money is going to a family that just like you, shops locally, pays a mechanic to fix their car, eats out at local restaurants and supports other local in...
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Commencing this May 2018 fly direct from Singapore to Broome, with SilkAir. Flights and holiday packages are available for a limited period from Tuesday 22 May. With a flight time of around 4 hours, travellers will be enjoying the beautiful weather and one of Australia's best be...
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A measure to prevent unscrupulous developers from exploiting GST, which was first mentioned during Budget 2017–18, has been enacted. From 1 July of this year, those who buy new residential buildings or subdivisions of residential land must pay the GST of the purchase price to the ATO,...
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SOURCE Smart Property Investment by Sasha KarenNew data by a property analyst and buyer’s agency business has found 40 affordable areas set for growth across Australia where investors can get more bang for their buck and faster than most areas to boot. Propertyology’s analy...
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We are pleased to be celebrating the end of the cyclone season. The month of May is officially the beginning of the Dry Season and hopefully the end of the adverse weather conditions. Our office is only starting to get back to normal after a very challenging start to 2018. yclones cause a lo...
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The latest Herron Todd White review (April 2018 edition) is now available (view full pdf here). It's a great resource to see what else is happening around the country in the market particularly the property clock giving you a snapshot of where locations are estimated in the property cycle. U...
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Australians are always looking for new ways to maximise their investment in their superannuation funds. This is why so many decide to set up self-managed super funds (SMSF), then look for innovative ways to get the best return possible. Buying property through an SMSF has been possible in t...
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The property industry is calling on the WA Government to not burden West Australians with unfair taxes, as a means of budget repair, following yet another disappointing GST carve up. REIWA President Hayden Groves said while the Institute understands the WA Government is facing another diffic...
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Put simply depreciation increases an investor's cash return for residential and commercial property. One of the main challenges for investors is managing cash flow for their investment. Tax depreciation schedules assist in maximising your cash return from an investment property. As a build...
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Prepare yourself with as much information on the Broome market and investing in property as you can. Many websites exist with good calculators, blogs and market reports.It’s a good idea to speak with your local Agent and discuss your specific property goals and fina...
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While the vacancy rate has crept up again to 4.76% we are still more conscious than ever that we must do our best to avoid higher vacancies for our owners. We completely understand a property sitting empty means no rental income and do everything we can do bring a great tenant to you. We dif...
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As Courtney C Stevens said “if nothing changes, nothing changes. If you keep doing what you're doing, you're going to keep getting what you're getting.” As the end of February approaches and we realise we have already used two of the twelve months available to us ... it...
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In case you have been away on an extended holiday to Antarctica and missed it all, Broome has broken the all-time annual record for rainfall. More than 1500mm of rain has fallen from a severe tropical low and three cyclones (Hilda, Joyce and Kelvin) which has left Broome and the Kimberley d...
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On average, Australian property owners will hold an investment property for 8 – 1o years. This tends to be slightly longer than the amount of time it has taken historically for the market to to complete a full cycle of growth, which is then followed by a period of adjustment. Of course, the...
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Just as expected the market is changing locally here in Broome. We have experienced more sales and an increase in buyer activity so if you're keen to buy at today's prices please get in touch. REIWA (Real Estate Insitute of Western Australia) REIWA President Hayden Groves announced Broo...
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Two books I HIGHLY recommend are 'Rich Dad, Poor Dad' and 'Why the Rich are Getting Richer' both written by Robert Kiyosaki. If you like the idea of financial freedom and to understand how to make real estate work for you these books are such an easy to read resource that provide so muc...
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As 2018 kicks off with a great start to local Real Estate activity in Broome we have many vendors and landlords asking where they should be spending their marketing budget?Being in Broome we are unique when compared to capital cities and other area's of the east coast particularly when we conside...
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It's no secret that when it comes to marketing a property online, the options are endless with a few websites holding majority of the audience not to mention our pockets at ransom.What if we told you for a fraction of the price of the more expensive web portals you could reach your target audienc...
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One of my new year's goals this year has been to reduce excess spending!! It's amazing how the little extras can creep in and form habits without you even knowing. In fact what's been a surprise is how our whole family has embraced the change and are all looking at ways of saving money. What a gr...
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Broome is set to benefit from four return flights to Singapore in May and June this year. A partnership between Broome International Airport, the Shire of Broome, SilkAir and Australia’s North West Tourism.The four return services will operate on the 22 May, 26 May, 29 May and 2 June 2018. ...
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Broome’s rental market has certainly presented its challenges in recent years so it is pleasing as we start the 2018 new year to see our leasing activity remains strong. This is despite two cyclones within the first two weeks of Christmas. Our Property Management Team have been very bu...
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Sometimes we have all the right intentions as the New Year begins. Lose weight, buy a home, upgrade my home, invest instead of spending, get healthy - the list goes on and on. In fact how many of these resolutions have carried over from one year to the next? As your local Agent we want to le...
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You may have heard that last year Facebook was testing a dual newsfeed, one that was speculated to entirely separate Business Page content from that of your friends and family. Now, a decision affecting all publishers has been announced and we asking you to ensure you don't miss our regular tips ...
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Announced in the Federal Budget in May, the First Home Super Saver Scheme (FHSSS) aims to help Australians save for a first home through voluntary contributions into their superannuation fund. If you’ve never owned property in Australia or are experiencing financial hardship the scheme all...
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The question on a lot of people’s minds at this time of year is “what is 2018 going to look like for property?”WA is tipped to be a good investment choice overall with some suggesting sooner rather than later. If you have been considering purchasing a first home or investment or...
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One of the most important elements when choosing the real estate agent to represent you is ‘trust’.An agent offering you the lowest commission rate and/or the highest appraisal is not necessarily the best option. To make your selection easier, take the advice of the professionals: &nb...
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While most people were still feeling relaxed after the Christmas break the residents of Broome were placed on Yellow Alert on Wednesday due to a tropical low hovering off the coast. This tropical low became named as Cyclone Hilda as it crossed the coast of Broome last night. Cyclone Hilda l...
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If the last quarter of 2017 is anything to go by then we are looking forward to a very positive 2018.Our leasing team leased 70 properties from the 1st October through to mid December 2017. Well-presented properties were in high demand with some having multiple applications. Compared to the same ...
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It's not easy saving for your first home however individuals will be able to apply to withdraw voluntary contributions made to super after 1 July 2017 for a first home deposit. Voluntary contributions include undeducted (non-concessional) personal contributions, deducted (conc...
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Moving out of your property can be very stressful. You are required to leave a rental property in the same state that you moved in - minus fair wear and tear. It is our intention of returning your security deposit as promptly as we can once you have fulfilled your agreement with us. In order to ...
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Choosing the right estate agency to manage your investment property is one of the most difficult tasks you’ll face as a landlord. We appreciate you have a choice, assume you’ll talk to several agencies and want to win your business! On a daily basis, we demonstrate to o...
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An agent’s local experience and advice will help you establish a realistic expectation of your property’s market value. They’ll also know the most effective way of reaching all potential purchasers.Selling any property can be a complex task but the right real...
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There comes a time in life when you need to move on. Whether you’re changing jobs, retiring, or just need a change of scenery, one thing is certain when it comes to the sale of your home - your key objective is to determine the best, most realistic price for your home and to achieve it in t...
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Commercial property represents a secure, sound, form of long-term wealth creation, yet despite being extremely popular with international investors, too many overlook its investment advantages, such as regular income and capital growth. With a bright outlook, buying a comme...
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LOOKING FOR A RENTAL? Our aim is to make renting your new home as easy as we can which is why along with easyBondPay we also offer a VIP alert service. Instead of having to spend all your free time looking for the ideal property to rent we can automatically notify you of any properties ...
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Keeping abreast of a changing market can be your winning edge in property. Any number of tiny advantages can easily swing an investment from detrimental to wildly profitable. Whether buying, selling or renting your property the market can be so attuned to changes that people are more likely to fi...
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Every year almost 50,000 marriages in Australia end in divorce, and an even greater number of relationships break down. A relationship breakdown can be one of the most stressful events in a person’s life, particularly if it is not amicable and there are children involved. It can leave you ...
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In our experience, we have learned that the best price comes from the best preparation. As your Real Estate partner it is our intention to help you maximise your price and to make the sale of your property an enjoyable and rewarding experience. It's important that we keep our eyes on the pri...
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It wasn’t so long ago that people used to say if you own your own property you’d be right for life but times have changed. Everyone needs an investment plan and some way of looking forward in their vision to the future. The question we all have to ask ourselves is, how am I going to ...
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If you are about to list your property for sale you must read these 101 tips to make sure you maximise your buyers experience and get the best result.There are two rules we recommend above anything else. No clutter or odours. Your property must be kept clean and clutter-free. Clear and tidy al...
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As at 15th November 2017, the legislation has been passed and all proposed changes are now in full effect. That means if you’re a property investor, you need to know what you now can and can’t claim. There are still dollars to be claimed by Australian property investors it's jus...
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If you’re a little unsure if the markets moving we’ve had 8 properties go under offer since the beginning of October. Traditionally January is always a very busy month so why not make this one Christmas you’ll remember and secure your new home or investment soon. If y...
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Depending on your certain circumstance will affect the answer to this. Are you looking to buy your own home and settle for a long period of time? Are you looking to buy something that you want to make improvements to in the hope to sell and buy bigger within the next few years? Are you looki...
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This is a fantastic full time opportunity for anyone who loves to keep busy at work and offer exceptional customer service. Ideally you will be good with numbers including banking and creditor processing but we are open to training someone special with initiative and who enjoys working in a suppo...
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In Broome we've seen downward pressure on prices over the past three years and if people have not needed to sell they have held off and as a result sales volumes in the Broome region have been low. As we move into a transition market we are seeing more sales with downward pressure on listing sto...
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Will finding a career that you’re passionate about make your entire life feel like one big tropical holiday? As most motivational posts will have us believe aren’t we all searching for an ultimate lifestyle where we love going to work and bound out of bed feeling happy all the time? &...
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The old saying of nothing stays the same forever can certainly be applied to Home Loan lending and specifically Investment lending by the Banks in 2017. Early in the year the Australian Prudential Regulation Authority (APRA) announced new measures around residential mortgage lending in order...
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First National Real Estate makes it two years at the top. Whether you’re a buyer, seller, landlord or tenant, dealing with estate agents can be a stressful time – unless you find a really good one. There to help facilitate your next big move, real estate agents should be able to make ...
Read MoreOften we are asked about the correct placement and clearance of gas bottles. It is very important that cylinder positioning and maintenance meets the Australian Standards.The Dept of Mines, Industry Regulation and Safety (formerly Dept of Commerce) notes the following about LP Gas (LPG stands for...
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Attending an Industry conference offers a great opportunity for Agents to improve their service to better provide for clients. Improving best practices, seeking the latest advice and making connections with experts in the field are all reasons why the team at First National Broome make it a prior...
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How many of us could never leave Broome because of the weekends spent fishing with your kids or mates? After a hard week at work there's nothing better than getting out on the ocean, away from it all and catching your own dinner and soaking up the picturesque landscape. Which is why I felt e...
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First National Real Estate has been presented with Canstar Blue’s ‘Most Satisfied Customers – Real Estate 2017’ Award, the second year in a row the organisation has won the prestigious industry acknowledgement. It was also awarded ‘Most Satisfied Customers – Sm...
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Buying an affordable house just got more difficult as housing supply under the $400,000 mark dries up in Captial Cities.Research by CoreLogic shows that a decade ago, 62.4% of all house sales and 68.9% of unit sales were priced below $400,000. Almost 17% of all house sales and 28.4% of all u...
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The median house price across Australian capital cities has continued to rise with the weighted average median prices increasing by 1.8 per cent for houses and 2.6 per cent for other dwellings, according to the latest research from the Real Estate Institute of Australia.REIA Real Estate...
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Repost from original article https://thewest.com.au/news/regional/charity-golf-fundraiser-a-swinging-success-ng-b88576135z First National Real Estate Broome’s Francine Steedman, Lana Ziverts, Vicki Beattie, Lee Anderson and Rachael Abernethy at First National Real Estate Broome&rs...
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Repost of original article https://thewest.com.au/news/wa/state-to-feed-off-ichthys-when-gas-giant-reigns-ng-b88574431zWoodside Petroleum’s Pluto and Chevron’s Gorgon and Wheatstone brought an LNG construction boom to the Pilbara. But when Japanese energy company Inpex nine years...
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Broome’s Daffodil Day fundraising efforts have topped previous years’ thanks to the team at First National Real Estate Broome, the Broome Florist and our generous community!!! On Friday 25th August the First National team were selling fresh daffodils, raffle tickets (for ham...
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With a very succesful start to our 'why rent when you can buy' campaign we've been successfully selling properties in the middle price bracket. We now have some very serious buyers but with no suitable properties to purchase. If you're considering selling, know of someone who may be interested in...
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Broome’s Real Estate market is showing strong signs of improvement. Properties priced realistically are being snapped up and there’s been an increase in enquiries. Our team at First National Real Estate Broome has sold 8 properties so far this month; they include 6 houses, a unit and...
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Daffodil Day is a special day in our events calendar and we’ve been proudly supporting it for over 15 years. It was originally an initiative of our First National network but our Agency decided to continue the tradition and make it a part of our annual calendar of fundraising events. W...
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For many looking for that idyllic place to retire or a seachange after the kids have flown the coop, Broome is a popular choice for people from all parts of Australia. Situated on the North East coast of the Kimberley region of WA, this historic pearling community has blossomed into the ideal pla...
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The latest housing finance figures released today by the Australian Bureau of Statistics (ABS) show that first home buyers are returning to the market as finance approvals for investor housing trend downward, according to the Real Estate Institute of Australia (REIA).“The proportion of firs...
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This prompted a number of property investors to contact BMT Tax Depreciation to discuss how they might be affected. Understandably so, as the last major changes to depreciation legislation were made by the government in the mid 1980’s. The main concerns investors had were about the im...
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One of our many duties as a real estate agent is to ensure only ‘fit and proper’ persons are entering our client’s homes and places of business. In Western Australia, a person must be appropriately licensed or an apprentice working under a licensed plumber in order to carry out ...
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The popularity of a lock-and-leave lifestyle is growing rapidly and why wouldn’t it with the ability to turn off the lights, lock the front door and leave for extended periods of time without worrying about property maintenance. The team at First National Real Estate Broome want to assure y...
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The Broome property market has continued to improve with respect to activity however median prices in all areas are have varied little.Most activity in the housing market in being generated by owner/occupiers and first home buyers taking advantage of in many cases the below replacement ...
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The Broome rental market has shown some consistency in the past quarter which is a positive sign giving owners some relief. The amount of rental stock in the Broome region has reduced by approx. 50% and the median rent price is remaining steady.There has been relief for older properties...
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Whether you're looking to buy your first home, upsize, sell or invest, there are plenty of changes you can make to reach your property goals this new financial year. ‘At First National Real Estate, we're encouraging all of our customers to make (and keep) a property-related goal.&rsquo...
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One of the reasons investors often miss out on deductions at tax time is because they don’t seek expert advice. Quantity Surveyors are recognised under Tax Ruling 97/25 as one of a few professionals with the knowledge necessary to estimate construction costs for depreciation purposes. To d...
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Although we are not expecting the legislation to be finalised anytime soon, we have been talking with government with the aim of developing fair policy which covers all the necessary factors. Many investors who have contacted us have asked how they will be affected. The proposed changes won&rs...
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Changes to Form 1AA Residential Tenancy Agreement, Information sheets and Form 1CForm 1AA, the prescribed tenancy agreement, has been amended in a number of ways. One significant change is that it will no longer need a witness signature. This will allow a lessor or a tenant to sign and send the F...
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Kerb pick-ups scrapped The pre-cyclone kerbside rubbish collection has been abolished by the Shire of Broome as part of cost-cutting measures aimed at holding rates increases to 1.75 per cent. No provision was made for the service in the 2017-18 budget, passed at an ordinary...
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Broome Shire President, Ron Johnston, says Council’s vision for the year ahead will feature a range of transformative projects including work getting underway on implementing the Town Beach Precinct Master Plan ($6.9M), Chinatown Revitalisation Project ($10.9M), BRAC 1 Youth Bike Precinct (...
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The team at First National Real Estate Broome would like to invite YOU to become involved in their Kyle Andrews Foundation Charity Golf Day being held on the afternoon of Friday 1st September at the picturesque Broome Golf Club. It’s a great afternoon of fun and fundraising and this y...
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Source: The West Australian The world’s biggest floating facility and a feat of engineering, Shell’s 488m-long Prelude FLNG platform has begun its journey to the North West. Prelude was towed from Samsung Heavy Industries’ shipyard in Geoje, South Korea yesterday morning, be...
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First National Real Estate WA members were presented with their General Excellence and Marketing (GEM) Awards for the January to March quarter for 2017. The GEM Awards recognise hard work and teamwork, and Principal Mr Griffiths said “it’s great to see it’s not on...
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On 9 May 2017, the Government announced proposed changes to the foreign resident capital gains withholding (FRCGW) rate and threshold. The changes will apply to contracts entered into on or after 1 July 2017: for real property disposals where the contract price is $750,000&...
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The 2017 Budget has recognised the need to address housing supply and affordability through a number of complementary measures, according to the Real Estate Institute of Australia (REIA).“The boost to infrastructure spending, measures to improve housing supply, the extension of small busine...
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It has been a very successful first quarter for the Sales Team at First National Broome. Principal, Allan Griffiths has provided an objective view of what is happening in Broome from research comparing the March 2016 quarter to the same 3 months this year.Their team have been leading the pack in ...
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The Building Commission released an e-letter on 28 November 2016 to remind building industry practitioners about interconnection of smoke alarms and the new Australian Standard for smoke alarms. This industry bulletin serves as a further reminder about those requirements that are applicable from...
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There’s been a few changes to the Qantas schedule for the direct flights from the East coast capitals this year. We’ve tried to summarise this as best as possible below: Sydney - Broome The Saturday service commences 8th April and runs until 14th October The Tuesday...
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As Mother’s day is fast approaching we will be taking this opportunity to remind busy mums to take care of themselves. If you know a busy mum that deserves a pamper pack this mothers day - simply tag them in our facebook competition. The lucky mum with the highest number of likes will WIN t...
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We are pleased to report the Broome market is starting to pick up some pace. Rental vacancies have fallen with in excess of 130 properties being leased by our Agency since the beginning of this year and this represents an increase of 30% of properties leased by First National Broome. This is a va...
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First National Real Estate’s Western Australian agents were presented with their General Excellence and Marketing Awards at the Perth Flying Squadron Yacht Club, when Australia’s largest network of independent agents hosted its state awards dinner on Friday night.The awards brought re...
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The principal of First National Real Estate Broome, Allan Griffiths says local community fears of an Australian housing bubble are the result of media speculation, based on overseas analysis, that fails to account for Australia’s unique market circumstances.‘The Organisation for Econo...
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In our last Broome Activity Report we said 2017 had started with a bang! We are pleased to report this trend is continuing with the Broome rental market starting to buzz with excitement with a steady flow of enquiry being received. Tenants are still negotiating hard however there are strong signs...
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Wow another year has begun and with the most positivity we’ve seen for some time. January and February are usually very quiet with not too many sales but not this year. We have seen a great number of sold properties to start 2017, the best we’ve seen in a few years. The Buyers ar...
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Congratulations to Charmaine Snow who celebrates her 17th year representing First National Real Estate Broome. Charmaine’s contribution and commitment to the agency coupled with her standard and quality of work are of the highest standard at all times. Principal, Allan Griffiths said &...
Read MoreFirst National Real Estate has seen a 38 per cent rise in website visitors and a marked improvement in the quality of leads to property agents following an overhaul of its inbound marketing strategy. The not-for-profit, member-based group has more than 350 offices across Australia, and also oper...
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Happy 2017 and welcome back to a beautiful Broome Wet Season. We can honestly say it is a pleasure to see the rain in such abundance bringing life to the town washing away the dust and negativity. This is a great start to the year and we believe it will be the same for the real estate market.&nbs...
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We are just a few weeks into 2017 and have already leased 27 properties (50% units, 50% houses). This is a wonderful result compared to last year which was initially slow to get going as we had only leased 19 for the same period so we have got off to a good start. This is despite a huge volume of...
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Local heroes lauded on Australia Day Released 26 January 2017 Lee Anderson, Seth Lovell and the Broome Sports Association have been recognised with Community Citizen of the Year Awards during Australia Day celebrations in Broome. Broome Shire President, Ron Johnston, presented the accolade...
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As with the last update we have continued with good news in the industrial leasing with strong leases again being achieved. However we need your help. Our stock is low and demand is higher than we can accommodate. If you have anyone in your circle of friends with an empty industrial p...
Read MoreThis is a report provided by the Real Estate Institute of Western Australia (REIWA) for the past 12 months of leasing activity in Broome.A GOOD property management agent can become one of your greatest assets. They will make critical decisions on your behalf so it is important to do your homewo...
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‘The median dwelling value in Australia for the end of 2016 was $615,000 - an increase of 10.9 per cent through the year, according to a CoreLogic RP Data report from January 3. New Zealand didn't perform too differently, with the median house value in December 2016 sitting at $627,905, hav...
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First National Real Estate Broome are pleased to say that their Property Management team have excelled in what was a very challenging 2016. Every member of their team works tirelessly to make sure your property investments return the absolute best that is possible, and last year ended with some a...
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There must be something in the water as November is traditionally a quite month so we are excited to say that the last few months have been very busy for our Property Management team. In our marketing we promoted that we had leased 30 properties in 30 days as it has a nice sound to it though we d...
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We are really pleased to say the consistency from the third quarter has continued into this last quarter too. Sales numbers have remained similar to the last and there has been an even spread over all the areas of Broome. The pricing has also remained consistent and what we have seen is redu...
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Our Property Management Department Manager, Charmaine (or “Charlie” as we like to call her) knows all too well the difference a dynamic team can make to your investment property. As an owner you want to know your property is being well cared for, maintained and your rental returns max...
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If you’re thinking of selling but can’t decide whether to list with an agent this year or early in the New Year, First National Real Estate Broome says there are some unusual factors to consider as 2016 draws to a close. ‘In my experience, this is the time of year when peop...
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Although residential property prices and market conditions remain favourable as the festive season approaches, First National Real Estate Broome’s principal, Allan has advised homeowners to avoid the six most common mistakes people make when pricing their home. ‘Australian dwelli...
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We've recently sold the most expensive residential sale since January 2014 and before that it was 2012. If you'd like an up to date opinion on what's happening in the Broome market we are here to help. You might be interested in buying, selling or even renting a new home - our friendly team are ...
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he dawn of a new era is upon us — one of full immersion into the digital world. It’s an era that will be founded upon the technological revolution that’s been silently brewing for more than a decade. Our once-dreamed-up reality of uniting the digital world with the physical...
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Broome’s vacancy rate is now above 5% (and climbing as we head towards the end of the tourist year). We have been closely monitoring the days on market of each rental property. The average days on market is 45 days though this varies for a host of reasons. The average days on ma...
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It seems that Tenants seeking to “break their lease” happen more at the end of the tourist season due to varied reasons for them i.e job transfer, reduction in work hours, moving back home due to a change of plan. A Break Lease is when a tenant makes the choice to vacate even th...
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The First National Pet Friendly search feature clearly labels properties where pets with good references will be considered by the landlord. At the same time, the new feature better serves the interests of landlords by opening up a large market of potential customers who are socially respon...
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So it really feels like the shift to positivity in our lovely town is continuing. The market for the last quarter has been really consistent and looks like it is continuing in this mode as we leave the race season and start entering the wet. There has not been any change in the fact that pro...
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From 1 July 2016, all state and territory revenue collection agencies will need to collect and report information to the ATO about all transfers of freehold or leasehold interests in real property located in their state or territory. Agencies must lodge a Real Property Transfers Report (RPTR) to ...
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With every real estate agent claiming to be the best it can be extremely difficult to make the right choice. Scratch the surface however and you’ll discover a dramatic difference in each estate agent’s core objectives, experience, ethics and results. First National Real Estate Broome ...
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Customer satisfaction research and ratings agency, Canstar Blue, has announced First National Real Estate the winner of its 2016 ‘Most Satisfied Customers’ award, following customer research about the experience of homeowners, tenants and landlords with Australia’s largest real ...
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11 Napier Terrace, Broome
PO Box 1130, Broome WA 6725 WA 6725
