Blog

Welcome to some of my more informal insights into the world of Real Estate. Here I’ll introduce some of the hot topics within the industry and add some of my tips to help you make the most of your career in this business.

Next Stop - The Hills District

Monday, October 16, 2017

There are dozens of great reasons to love living in The Hills district, not least of which is the fact that it’s a booming area for investors. Unfolding before our eyes over the last few years has been a project that will ensure the area continues to grow for some time to come: the Sydney Metro Northwest rail link.  Read more

There are dozens of great reasons to love living in The Hills district, not least of which is the fact that it’s a booming area for investors. Unfolding before our eyes over the last few years has been a project that will ensure the area continues to grow for some time to come: the Sydney Metro Northwest rail link.

History proves that nothing brings a suburb, no matter how remote from the CBD, closer to the main game like the good old railroad, and even though the link is not completed, the impact of the $8.3 billion project on population and price in The Hills has been enormous.  People are now clamouring to live in the area. The infrastructure to accommodate such growth is vigorous and visionary.

The “priority precincts” allocated by the State government have been earmarked for townhouses and high-rises. Those whose homes need to be cleared for the rail project stand to make up to three times the market value for their properties.

The buying activity of state-of-the-art developers like Toplace (2400 units at West Pennant Hills) and Sekisui House (1300 prestige apartments adjacent to the Castle Hill Country Club along Spurway Drive) has meant that many residents have had, or will have, their lives transformed by the unexpected windfall. Overall, thanks to all this activity, median prices have leapt over 100% in the last five years!

It’s exciting to contemplate the future of The Hills district. You should be excited, because you are living in exactly the right place. For the next twenty years, growth is assured, and that growth will only accrue to the growing status and privilege of living in the most sought-after area of Sydney.

So to our valued customers and friends in The Hills District: be optimistic about the property market in the area. To investors: be excited about the boundless possibilities presented to you by The Hills District. To everyone: now is the time to get into The Hills area!   

The potential downfalls of using a low fee agent or service such as Purplebricks

Friday, October 13, 2017

A common belief is that choosing a low fee agent or utilising a service such as purple bricks will save you money when selling your home. I explain why this belief is a fallacy and how it could actually cost you tens of thousands of dollars. Read more

A common belief is that choosing a low fee agent or utilising a service such as purple bricks will save you money when selling your home. I explain why this belief is a fallacy and how it could actually cost you tens of thousands of dollars.

2017 REINSW Awards for Excellence

Monday, October 09, 2017

Proud of the Harcourts Hills Living Read more

Proud of the Harcourts Hills Living team for being nominated for Real Estate Agency of the Year - Medium at the annual REINSW Awards for Excellence Gala Dinner.  We didn't win this year but we are all hungry and determined to succeed next year! 
 

Is the Sydney housing market softening?

Saturday, September 23, 2017

Sydney's housing market appears to be softening // Andrew is back in this weeks' market update to discuss the impact this is having on buyers and sellers. Read more

Sydney's housing market appears to be softening // Andrew is back in this weeks' market update to discuss the impact this is having on buyers and sellers.


Q&A with Tom Panos

Wednesday, August 30, 2017

Tom Panos & Andrew Drane discuss success in the real estate industry. Read more

Tom Panos & Andrew Drane discuss success in the real estate industry.

// The mindset of a successful agent // Characteristics of a great agent vs an average agent // What agents need to do in a changing market // Fee discounting – is it a viable strategy?

If you are a real estate agent, or thinking about starting your career in real estate, this is a MUST WATCH.

 

Mortgage Stress in Australia?

Tuesday, August 29, 2017

Mortgage Stress is the hot topic in the news this week - an interest rate rise of 0.5% will see 1/3 of Australians no longer able to afford their mortgages. Andrew provides his input on this topic in this week's update.

 Read more

Mortgage Stress is the hot topic in the news this week - an interest rate rise of 0.5% will see 1/3 of Australians no longer able to afford their mortgages. Andrew provides his input on this topic in this week's update.

The Hills are even more alive than ever!

Sunday, August 27, 2017

The Hills are even more alive than ever!  Read more

The Hills are even more alive than ever!

It’s exciting to contemplate the future of The Hills district. To put it succinctly: you are living in exactly the right place. For the next twenty years, growth in the area is assured, and that growth will only accrue to the growing status and privilege of living in the most sought-after area of Sydney. Real estate and all the activity surrounding it is, to the economic environment, a bit like the frog in the natural environment. Its health is a critical indicator of that environment’s broader well-being. In our district, real estate markets have never been heartier.

All the vital signs are there. We at Harcourts Hills Living are experiencing record auction clearance rates. People are clamouring to live in Sydney’s fastest-growing area – the area you are lucky enough to live in already - and the infrastructure to accommodate such growth is vigorous and visionary. You only need to look around you to notice that.

The latest exhilarating development is the recent presence of the state-of-the-art Japanese builder, Sekisui House. Sekisui House has already transformed parts of Queensland, especially Brisbane and surrounds, with innovative residential and commercial construction projects that have a strong environmental focus and understanding of the Australian lifestyle. This respected Japanese builder has acquired 8.1 hectares of land adjacent to the Castle Hill Country Club along Spurway Drive, with the intention of constructing 1300 prestige apartments. This development, in the Norwest Business Park, only minutes from the future Norwest rail link, will appeal to a broad range of potential buyers. We are confident the new train link will drive a boom in the population of The Hills for the next two decades at least.

We always knew the future of The Hills, for residents and for investors, was assured, but this exciting new development only confirms that the area’s potential is being noticed, even by overseas interests. Large international developers don’t commit to such projects unless they recognise that there’s an enormous future in it, and that demand will be high. All the planets are lining up!

So to our valued customers and friends in The Hills District: be optimistic about the property market in the area. To investors: be excited about the boundless possibilities presented to you by The Hills District. To everyone: now is the time to get into The Hills area. Keep your finger on the pulse of the market by watching prices, observing the activities of developers like Sekisui House and, where possible, attending auctions. We at Harcourts Hills Living have several going every weekend. Come along and see for yourself how the market is faring.

No matter what you choose to do, we at Harcourts Hills Living wish you all the best in your Hills adventure, and look forward to sharing it with you.     

June Quarter Sydney market snapshot

Wednesday, August 09, 2017

What has happened to Sydney property prices and housing affordability in the June quarter? Why have we seen a rise in apartment prices despite the fear of oversupply? Andrew has the answers. Read more

What has happened to Sydney property prices and housing affordability in the June quarter? Why have we seen a rise in apartment prices despite the fear of oversupply? Andrew has the answers.

It’s in the jeans!

Tuesday, August 08, 2017

Harcourts Hills Living are great believers in getting involved in their community. Most of the staff are locals in The Hills District, and most of them have children.  Read more

Harcourts Hills Living are great believers in getting involved in their community. Most of the staff are locals in The Hills District, and most of them have children.

This year, the local real estate agents embraced the “Jeans for Genes” fundraising campaign. On Friday, 4 August, Australians showed their support for the cause by wearing their favourite denim gear. The staff at Harcourts Hills Living didn’t hold back, in the office or out visiting clients!  

The Jeans for Genes cause is not just about community; it’s personal. Harcourts Hills Living’s owners, Andrew and Melinda Drane, have three children of their own.

“In business, you often hear about the power of engaging with a community, and the need for responsible corporate citizenship”, says Andrew. “But this issue transcends business. If there’s one area of life we should all feel strongly about, it’s children. A lot of our staff have kids. There’s no cause more important than that of giving children a great start to life by identifying and preventing, or curing, birth defects and genetic diseases.”

Andrew knows from personal experience what it’s like to deal with childhood conditions that come on without warning. “We’ve got children of our own, and we’ve had our own issues. Nothing makes you feel more helpless than seeing your child go through something that only the right drug or proper treatment can relieve them of. This cause is close to our hearts.”   

Next year, they have something even bigger in store. “We want to enable people who don’t have employment or who work from home to participate in Jeans for Genes day, and will have prizes for the biggest donation and best outfit.” 

The genius of jeans has rubbed off! Harcourts Hills Living staff intend to continue supporting the campaign all through the month of August.

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