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Solar rebates shine

In the news this week, government rebates drop power bills by 21 per cent; building approvals leap; and we look into real estate easements

A GREAT SUCCESS STORY

I was engaged by an interstate buyer to Evaluate and Negotiate on their behalf on this beautiful property in Flagstaff Hill.

I initially coordinated with the agent to inspect the property ensuring I took in every bit of the 460m2 dwelling and 1271m2 allotment.

I created a video for my client and created a property report, suburb report and comparable sales report.

The agent was quoting under $1.5m for this property however knowing this current market in this location and basically working in this market 24/7 I advised my client that we would need to be at or very close to $1.6m to have any chance.

I had also coordinated Johnny Koritsa from Leading BPI to do a building and pest inspection if we were successful.

With over 6 offers submitted I was thrilled to learn that we were successful offering $1.6m. The closest offer was only $15k under our offer.

The building and pest inspection came back positive with only minor maintenance issues, and we secured the property.

We then coordinated a conveyancer to handle the sale to settlement for my client.

Clearly, it pays to engage a Buyer’s Advocate. We know the market!!

Urgently Required – Cash Buyers Waiting

We have been retained by the following clients to locate suitable real property to satisfy their unique situation if you feel you can assist, please call me on 0477 000 798 or email me buyer@watermanpa.com.au  Matt O’Donoghue 

PROPERTIES WANTED

NOTE: All our purchases are pre-approved ready to go.

Belair/Flagstaff Hill/Happy Valley and surrounding suburbs

3-4 bedroom, 1 bathroom minimum 600m2 dwelling

Budget  up to $850k

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Morphett Vale/Aldinga and surrounding suburbs

3 bedroom, 1-2 bathroom minimum 700m2 with potential to add granny flat

Budget up to $750k

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Suburbs approximately 20klm from CBD

Investor looking for a dwelling with multiple bedrooms or two adjacent dwellings.

Budget up to $1.2m

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North Adelaide

Client looking for owner occupier 3 bedroom townhouse or unit in or around Gover St.

Budget up to $1.4m

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North Adelaide/Norwood/ Kensington/CBD

Client looking for 3 bedroom townhouse or dwelling .

Budget up to $1.6m

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If you have something that may be of interest, call us today, our client is ready to purchase.

NOTE: All our purchases are pre-approved ready to go.

Matt O’Donoghue

Buyer Agent

0477 000 798

Sun’s shining on solar homes

Demand for home batteries and solar systems has jumped due to subsidy schemes and the considerable savings that households are experiencing, new research shows.

The ACCC’s latest Electricity Inquiry Report has revealed that the Australian Government's Cheaper Home Batteries Program is making batteries more affordable and providing more households an opportunity to lower their electricity bills.

Read more

Apartment approvals soar

Approvals to build new apartments jumped by one third in June, according to data released this week by the Australian Bureau of Statistics (ABS).

The latest figures show that the total number of dwellings approved rose 11.9 per cent in June to 17,076, seasonally adjusted. The result was the highest level since August 2022.

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Picking up the pieces

This week (4th-10th August) is Keep Australia Beautiful Week, with the theme ‘Picking up the Pieces … It Starts with Us’, and a focus on preventing litter and preserving the environment.

Will you take up the ‘10min Pick Up Pieces Challenge’, join a Landcare volunteer group, or reduce waste at home? There are so many ways you might help out…

Read more

Understanding real estate easements

It is quite common for a property to have an easement running through, or over, it. So, what is an easement and what does it mean for property owners?

Read more

Now that’s bizarre!

We are all familiar with Australia’s iconic animals, so this year, as part of Science Week 2025, scientists are hoping to introduce us to the more bizarre animals who share our continent.

Whether you’re drawn to the Giant Cuttlefish, with its parrot-like beak and doughnut-shaped brain, the short-finned eel that can travel overland, the gentle seagrass-eating dugong or the pasty white Turtle Frog with its weightlifter forearms, be sure to check out all ten bizarre critters and vote for your favourite at https://www.abc.net.au/news/science/2025-08-01/science-week-underrated-australian-animal-vote/105582104 by Friday, August 15. Image: Velvet Worm (Latty lab)

Materials prices barely change

For those thinking of building or renovating their home, there was good news this week that prices of home building materials have barely changed over the past two years.

The latest CPI figures show that home building materials have continued to experience only modest cost increases, up by just 1.6 per cent in the 2024/25 financial year.