Area Map

Area Profile

Eastwood Area Profile

The size of Eastwood is approximately 5 km². It has 22 parks covering nearly 5% of the total area. There are 6 schools and 4 childcare centres located in Eastwood.
The population of Eastwood in 2001 was 14,380 people. By 2006 the population was 15,758 showing a population growth of 10% in the area during that time.
The predominant age group in Eastwood is 20 - 29 years.
Households in Eastwood are primarily couples with children and are likely to be repaying over $2000.00 per month on mortgage repayments.
In general, people in Eastwood work in a non-specific occupation.
In 2001, 66% of the homes in Eastwood were owner-occupied compared with 68% in 2006.
Currently the median sale price of houses in the area is $825,000.


Epping Area Profile

The size of Epping is approximately 7 km². It has 19 parks covering nearly 6% of the total area. There are 5 schools and 4 childcare centres located in Epping.
The population of Epping in 2001 was 17,854 people. By 2006 the population was 19,369 showing a population growth of 8% in the area during that time.
The predominant age group in Epping is 40 - 49 years.
Households in Epping are primarily couples with children and are likely to be repaying over $2000.00 per month on mortgage repayments.
In general, people in Epping work in a professional occupation.
In 2001, 69% of the homes in Epping were owner-occupied compared with 70% in 2006.
Currently the median sale price of houses in the area is $1,015,000.


Marsfield Area Profile

The size of Marsfield is approximately 4 km². It has 20 parks covering nearly 23% of the total area. There are 3 schools located in Marsfield.
The population of Marsfield in 2001 was 9,718 people. By 2006 the population was 11,381 showing a population growth of 17% in the area during that time.
The predominant age group in Marsfield is 20 - 29 years.
Households in Marsfield are primarily sole parent and are likely to be repaying over $2000.00 per month on mortgage repayments.
In general, people in Marsfield work in a non-specific occupation.
In 2001, 59% of the homes in Marsfield were owner-occupied compared with 61% in 2006.
Currently the median sale price of houses in the area is $905,000.


From RP Data

Legal Side in Selling and Buying Real Estate

Legal Side in Selling and Buying Real Estate


1. Agency Agreement

“Agency agreements are a contract between the property owner and the agent.” It is a legal document you would sign with a real estate agency for selling your property.

2. Contract for the Sale of Land

Composition of a contract for the sale of land
(1) Standard Part ( first 12 pages) is for every
property transaction. First page covers the
property transaction brief.
(2) Special conditions
(3) Title Search
(4) Strata Search
(5) Sewage Diagram
(6) 149 Planning Certificate
(7) 66 W – no cooling off clause
(8) Smoke Alarms Requirement

3. Stamp Duty
On purchasing a property, most of buyers need to pay two stamp duties. First one is for the purchasing of the property; second one is on the loan they borrowed. First home buyers enjoy favourable policy in purchasing properties for a certain amount.

If you don’t need to borrow money, you would not need to pay stamp duty on mortgage

Please check stamp duty against relevant policies from
State Revenue Office of NSW

4. Tax on Capital gain

• For your prime home, you don’t pay tax for capital gain when your property is sold.
• For your investment property, you need to pay tax for capital gain. 50% of the capital gain is taken as personal income.

Please consult your solicitor, accountant regarding the application of your own situation.

May Ma
Licensed Real Estate Agent/Justice of Peace
0434 996 678

Property Presentation Highlights

Property Presentation Highlights

First impression is crucial; it has never been left for a second chance. It affects directly buyers’ purchasing decision. To maximise the instant appeal of your home, you might work with the following tips to make your property most attractive:

Outdoor/Gardens
• Pay extra attention to have a welcoming entrance
• Make the entry clean and clear
• Make sure the front gate work and not very rusty or dirty
• Take away/tidy all distracting stuff from the appearance
• Mow the lawn a few days before inspection
• Clean the pool and the surrounding area
• Put few plants to create a nice feeling
• Repair rusty roof gutters if it gets rusty or broken

Living Areas
• Keep living room open and bright to show the best advantage and emphasize the space appeal
• Store away the cluttered stuff, make living room neat and tidy
• Light the area with adequate light and replace not-working bulbs
• Clean the windows/doors
• Vacuum clean the dust of all areas
• Rearrange the furniture to make it look open

Kitchen and Bathrooms
• Show the value of your home by enhancing the kitchen and bathroom
• Give it a through clean
• Put away the cheap odd utensils
• Put few decorative utensils and a bowl of fresh fruits
• Leave bench top clean and clutter free
• Don’t cook before the inspection, smoking odour can add unpleasant impression
• Clean the bathroom, clean and scratch off the stains in bath tub, shower case, vanity, toilet, and tile walls
• Put away the old towels or cleaning cloth
• Put new towels and face towels of the same colour
• make bathroom really attractive, a scent candle creates a very nice feeling too

Bedrooms/Study
• Make all beds, hang away all the clothes
• Cover the bed with a lovely newish cover and make it tidy
• Curtains should be open or neatly arranged
• Keep bedside lights on if the room is dark

Pets
• Take your pets with you, some buyers do not feel very comfortable with pets
• Put away the dishes of the pets and clean the stain on the floor
• Pets never stay inside

Overall
Create nice home ambience is very important.
Put few pot plants, flowers, play beautiful music, keep the lights on, keep the curtains open or neatly arranged, and open the doors for spacious feeling

The Golden Rule of presentation is 3 Cs
Clean
Clutter free
Colour – either few simple neutral colours or colours in harmony

The more attractive your property is, the more ready the buyers are going to buy, and the better result you will achieve. Your hard work before open home/inspection will never be done in vain. They add value to your property.

May Ma
Licensed Real Estate Agent/Justice of Peace
0434 996 678