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Stamp duty is a tax on a property transaction that is charged states and territories. The rate will depend on many factors such as the value of the property, if it is your primary residence and your residency status.
Merrifield Real Estate has been managing strata properties since 1989. Since then we have grown to be the largest Strata Management office in Albany, with a diverse portfolio ranging from simple 3 unit sites through to complex tourist residential schemes. One of the most important lessons we have learned along the way is that no two strata schemes are the same, which is why we take an individual based approach for the needs of each strata company we manage.
In 2014 we restructured with the sole purpose of becoming a customer service focussed team. Lee Stonell joined Merrifield Strata with strata management and sales her only priority. Coming from 12 years as a highly successful and award winning sales consultant, Lee has an excellent working knowledge of Albany Real Estate. Lee has a thirst for learning and holds two Bachelor degrees along with a Real Estate and Business Agents Licence and a Triennial Certificate. During Lee’s time at Merrifields she has become a respected professional in Strata Management, with a comprehensive knowledge of all aspects of this speciality. Lee prides herself on providing a superior level of customer service and advice to our clients.
Working alongside Lee is Carly Szczecinski and Nadine Shepherd, who have been working in the real estate industry for a combined total of over 36 years. Carly and Nadine are both experienced strata managers with a broad knowledge of all strata properties within our portfolio. Prior to 2014, Carly and Nadine managed the strata portfolio and today they still maintain excellent working relationships with clients of the agency to assist when required. The approach of having a strata team rather than an individual strata manager has been invaluable in achieving high levels of customer service and satisfaction.
We are currently seeking new strata managements to complement our existing portfolio. If you are seeking a professional, friendly, reliable and honest management team please contact us on 9841 4022 or firstname.lastname@example.org. All discussions will be held in confidence and we are more than happy to meet with the council of your strata scheme if requested.
Having an unrealistic expectation of your property’s value can be very harmful to the potential sale of the property as well as upsetting your selling experience. It is an unfortunate but simple fact … prospective buyers will simply ignore your property, if they perceive it to be overpriced for the current market, its location, size and features. It is therefore essential that you get the price correct from the very beginning, as no amount of marketing will sell a property which is incorrectly priced.
Merrifield Real Estate is a company with a long history, some 80 years to be precise. During this time we have developed a strong relationship with the people of Albany and the Great Southern Region.
2. Industry Strength
As an independent real estate agent, Merrifield Real Estate does not rely on the direction of a head office interstate, which usually comes from association with a large national or international franchised brand name, we are therefore required to work harder and seek strength and knowledge within ourselves.
We do this in part by our membership and involvement with others, such as REIWA, ACCI and WACCI who ensure that we are constantly ahead of the statutory and regulatory changes effecting the real estate industry. We also do this through the creation of a work environment which fosters and values, continuous improvement and team effort.
As part of our industry strength, Merrifield Real Estate regularly hold seminars in the community, to provide members of the general public with information and advice on a variety of real estate topics (these seminars are FREE and we are the only real estate company in the region to give them). We also do things differently to other real estate companies, such as:
• the way we communicate with our clients,
• our advertising methods and
• our research on economic trends and drivers
Our pro-active nature ensures that we are always on the front foot and able to advise our clients correctly for their specific situation, giving them a distinct advantage over our competition.
• REIWA – The Real Estate Institute of Western Australia
• ACCI – The Albany Chamber of Commerce and Industry
• WACCI – The Western Australian Chamber of Commerce and Industry
3. Pre-Registered Clients Database
Merrifield Real Estate is one of the few real estate agencies in the region which actively fosters and grows a client database of pre-registered clients seeking to buy or sell real estate in the region. Our database is ever expanding and a tool which we use to inform, update and market through to a targeted audience. The tool is so effective, that in the last two years we have seen that more than thirty percent of ALL our sales come directly from those people on our pre-registered database.
Word of mouth and referrals are one of our greatest strengths and our biggest compliment. The testimonials we receive are a sign of a job well done and that people have confidence in our staff, our marketing and the systems we employ to get the best for them.
Merrifield Real Estate uses a vast array of methods to advertise and market its client’s properties which include traditional methods such as newspapers, the web and signage but we also employ radio, social media communications and networking. But our greatest strength is no doubt that we give active consideration to your property – we ensure that professional photographs are taken, accurate descriptions are provided and the property’s target market is identified.
Newspapers – The Albany Advertiser is the local newspaper of the region with credibility and consistency in its real estate coverage.
Web – Merrifield.com.au is one of the most current, informative and innovative real estate web sites where people can find all the property information they are looking for.
Radio – Radio reaches virtually everyone everywhere – at home, in the office, car or even while surfing the web.
Social Media – Marketing real estate is generally about telling a story and the many social media outlets available today allow the team at Merrifield to tell your story to a broader audience, in a safe and familiar social media setting such as Facebook and LinkedIn.
Signage – Over 1200mm x 900mm signs are visible and standout when driving around looking for property. Each sign has the office number and sales representative’s mobile number for each contact.
Photography – We employ a local photographer to take photos to a high standard. This enables clients to see various photos of the property and be well informed prior to making an inspection time.
Located at 258 York Street – Albany, the Merrifield Real Estate office is in a prime location, next to the Amcal Chemist (open 7 days) and close to NAB and Australia Post. The easy parking options in the central location make it easy for clients to meet our staff and for passersby to view our prominent window display, which has been rated one of the best in Albany.
7. After Hours Calls
Our office has a phone system that transfers calls after office hours. You can select whom you wish to speak to and your call will automatically be transferred to their mobile phone, making certain that no enquiry gets missed.
Call Jeremy Stewart 0439 940 976, Colin Montefiore 0428 936 631, Kevin Marshall 0408 936 380 or Kyle Sproxton 0438 880 439 NOW to discuss how we may be of assistance to you.
1. Maximising Your Return
Once your property has been leased, we monitor the market and indicate when rent reviews may be required to ensure your property achieves its maximum return to you.
2. Highest Quality Applicants
The Merrifield – Property Management Team are focused on finding the best tenants possible for your investment property. We look for qualified individuals who will respect your investment property, are reliable and are looking for a long term lease (if appropriate). We provide confidence and peace of mind when it comes to your investment property …we do not just lease your property to the first applicant who may come along!
3. Recognised As Experts
The Merrifield – Property Management Team are trained and supported members of the Real Estate Institution of Western Australia (REIWA), the Western Australian Chambers of Commerce & Industry (WACCI) the Albany Chambers of Commerce & Industry (ACCI) and Kay Geldard trainer, we are regularly attending functions and upgrading both our skills and knowledge.
4. Detailed Property Inspection Reports (PCR)
As part of our service, we carefully record and photograph every detail of your investment property, to ensure that you are not held responsible for any damage caused by a tenant. Further, we provide you with copies of our property inspection reports for your information and records.
We promote your property on www.merrifield.com.au, www.realestate.com.au, www.rentfind.com.au and www.homehound.com.au websites, we broadcast on RadioWest to listeners in the Great Southern and Wheatbelt and we utilise our database of existing clients and potential tenants to find you an appropriate tenant. Advertising in the local Albany Advertiser newspaper and on our large window display at the Merrifield’s prominent York Street location also ensures your investment property reaches an audience far and wide!
Merrifield Real Estate has been established for over 80 years and manages properties throughout the Albany region. Our long relationships with many clients is a testament to our successful track record, in the specialty of property management.
7. Reliable Tradespeople
We constantly refine our selected tradespeople, monitoring both their performance and costs. We also require ALL our tradespeople to provide evidence of their professional indemnity insurances and appropriate licensing documents, so as to ensure that only qualified and professional tradespeople are admitted onto your investment property.
8. Property Viewings
Each client viewing of your investment property is attended by one of our highly trained, property management staff, so as to assess and qualify any potential tenants, as quickly as possible. Under no circumstance do we hand out keys to potential tenants for private viewings.
Potential tenants are required to pass our “100 Point Check” and complete a written application form. We also check references and search a number of tenancy databases such as National Tenancy Database (NTD) and TICA, to ensure ALL potential tenants are of the highest calibre.
Looking to buy an Investment Property, or looking for a new Property Manager?
Then call either Lisa Dunham 0417 750 425, Ashton James 0407 423 712 or Kylie Tschabotar 0448 574 411 or contact a member of the Property Management Team on (08) 9841 4022
Work out how much you’ll need to cover your loan. You can alter the loan amount and term, interest rate and repayment frequency to suit your specific requirement.
Make a list of the features you most desire in a property, including your ‘must have’ features such as number of bedrooms, en-suites and garage as well as the ‘nice to have’ features, such as large garden, swimming pool etc. Also consider factors such as purpose (home, investment or business premises), location, lot size, close to schools, shops, recreational facilities etc.
We also suggest that you take a moment to think about the lifestyle you are hoping to achieve through the new purchase. Imagining your new property and the changes it may bring to your life, this will help clarify what is ‘essential’ and what is ‘a nice to have’ attributes.
Although a reputable real estate agent is the most appropriate person to provide you with unbiased advice regarding the sale of your property and its true value in the market place, it always pays to be informed. Do some research for yourself, looking at similar properties to your own, be that online, in the newspaper or in the shop-front windows of the numerous real estate agents. Look for properties that are similar to your own, matching location, size and features. This process will give you a realistic view of the market and the potential value of the property.
Buying your First Home is the dream of most Australians. The First Home Owners Grant [FHOG] is a grant system provided by the Commonwealth Government and administered by the various State Governments. The grant is intended to assist first-time home buyers with the opportunity to enter the market and buy their first home.
In Western Australia the government provides eligible first-time home buyers up to $15,000 towards buying and building your first home. The grant is not means tested but you need to be eligible. Here are the major eligibility grounds:
No idea how much you can afford? This calculator takes into account your salary, expenses and the sort of loan you’re after. Find out your borrowing capacity.
As well as the FHOG, the State Government of Western Australia provides eligible First Home Buyers with the First Home Owner Rate, which offers concession to stamp duty. First home buyers in WA do not pay stamp duty on properties up to the value of $430,000, an if the property is valued between $430,001 to $600,000 it will attract a concessional rate on stamp duty. Considering stamp duty on a $250,000 property is some $7,000, the saving to first home buyers can be substantial and help someone get into their first home sooner.
For more information, contact the Western Australian Department of Housing
If you have any enquiries concerning the First Home Owners Grant Scheme or the First Home Owners Rate, please feel free to call us at Merrifield Real Estate. We are always willing to help.
This is best done in person so the agent can obtain sufficient information from you to find an appropriate property to your needs and in your price range. It also allows you the opportunity to ask the agent any questions and for them to give you helpful advice. You can however register online with many agents via a ‘property request form’ or a ‘buyer’s wish list form’. The process will not result in an in-depth assessment of your exacting needs but it can be a start.
If you want to get in touch and talk about your ‘wish list’ simply enter your details on our contact us page… Go There NOW
Also remember, when meeting with your agent, talk about any extra costs you may need to budget for as part of the buying process, such as stamp duty, pest control, building inspections and settlement costs.