Property Wizards’ Liz Sterzel has been honoured with the highest accolade in Australian real estate after being recognised as the country’s premier buyer’s agent.

Ms Sterzel was named Australia’s Buyer’s Agent of the Year in the Real Estate Institute of Australia’s (REIA) National Awards for Excellence.

Announcing the winners, REIA President Adrian Kelly said the national Awards recognise the best of the best in Australian real estate. (more…)

Perth real estate has made a fast recovery from the April slowdown, where people were staying home, not sure where things were going and “waiting to see”.

As with so many uncertain periods, many tend to put off making decisions until they get a picture of what might be the way forward.

Well, Perth buyers have come out with their conclusion that it’s OK to take a few steps forward and resume where they left off before the Covid-19 stay-at-home. (more…)

Progress is moving along at a great pace with the child care centre development in Wembley, Perth, put together by Property Wizards.

The Investment

This a commercial property investment Property Wizards acquired for our buyer’s agency clients. After thorough due diligence, we bought the land and arranged contracts for construction of the centre and leasing to a national blue-chip tenant. By creating the investment from scratch, we ensured a high-quality build and an enhanced return for our client’s long-term investment. (more…)

House prices remained stable over April and selling agents are reporting renewed interest in the form of more phone enquiries and viewings, giving us a promising start to May.

This boost in the spirits of West Australians comes about from the lifting of restrictions and good performance in containing the Covid-19 spread, but we are a long way off returning to normal.

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We’re all staying home to keep safe and our hearts go out to those who have lost their jobs and are battling out there.

But what happens if your income is secure and you need to buy a property? It may be a job transfer, buying a first home while rates are so low or just capitalising on good investment opportunities while there is less competition from other buyers.

In an environment of drastic precautions to help stem the spread of coronavirus, the real estate market has come to the party with virtual tours and private viewings, but what else can you do to stay safe and still find the best property?

Here are some tips and tricks to keep you safe when looking for property. (more…)

Before Covid-19 hit, the Perth property market was at the beginning of a rebound, with pent up demand and renewed optimism starting to fuel prices.

This was confirmed by CoreLogic’s Hedonic Home Value Index, with Perth house values up 0.5% for March and 0.9% for the quarter.

But since the coronavirus crisis, the resurgence is on hold, with a decline in active buyers in the market and no upward pressure on prices. (more…)

Property Wizards is delighted to be representing Western Australia as a finalist for the 2020 National Buyer’s Agent of the Year Awards for Excellence.

The awards ceremony has been cancelled due to the Covid-19 virus and the winners are due to be announced this week.

Presented by the Real Estate Institute of Australia (REIA), the Awards for Excellence is the pinnacle of recognition within the real estate profession, indicating that the recipients achieve the highest results for their clients.

After hearing for some time about the many new mining jobs up north, it appears things are starting to take off up there. This is welcome news for Perth property buyers and owners.

It’s reflected in the extensive developments taking place up in Karratha. New flights have been laid on, new FIFO camps are being built and housing availability has fallen to 1.5%. These are sure signs of increasing population and demand.

Property Wizards has been awarded Buyer’s Agent of the Year 2019 at the Real Estate Institute of Western Australia (REIWA) annual Awards for Excellence.

Taking out the top honour in their industry, managing director Liz Sterzel said she was honoured to be recognized by the state’s peak industry body.

“We are thrilled to be acknowledged for the work we’re doing at Property Wizards for our buyer clients,” she said.

“We believe our recipe for success is that we put the buyer’s interests first and continually adapt our buying strategies to the changing property market. This helps our clients tremendously, where they tread a fine line between missing out on a great property and making a disastrous mistake. (more…)

While most Perth property is only just starting to perk up, interest in subdivision and development sites has been building up for the last year. The right sites have a buzz of interested buyers at the home opens.

As an example, a corner triplex site in Greenwood auctioned recently had 9 registered bidders vying for the property in a fierce bidding war. A whopping 61 bids delivered a sale price of $521,000. This was $80,000 over the reserve price! It was by no means a bargain, and there were many hugely disappointed bidders left without a property. (more…)

Today, we’d like to share a stunning development property – a CORNER TRIPLEX SITE.

Corner development sites are hard to come by. The right one is like gold because you can subdivide into STREET-FRONT LOTS without a driveway to the back.

This one ticks all the boxes and that’s why the weekend home open was totally swamped with buyers, mostly developers! (more…)

So, you’ve found the right property. It has everything you’re after and it’s in your price range. The timing is perfect – you’re ready to buy. But, perhaps you’re a little uncertain of how to negotiate your way to the best deal.

Here are 7 insider negotiating strategies to give you the best chance of success and ensure you don’t pay too much. (more…)

If you’ve made the decision to build your new home, you want to tailor it to suit your wants and lifestyle needs. This is where the right builder can help you achieve this, using their trusted expertise and large array of skills.

Here are seven things to consider when searching for the right home builder: 

1. Define your wants and needs

First things first, prior to approaching a building firm you need to have in mind the basics of your home. What size, type, and price range will you go for? From here you can begin to delve into the more detailed aspects of home building, like what materials you want to use, the style and design. (more…)

Mortgage borrowers just received two Christmas in July gifts, with the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia (RBA) both announcing reductions in rates .

What are these gifts and how do they affect you?

Gift 1: APRA are reducing servicing rates!

• What are servicing rates?
• Servicing is the calculation the bank uses to determine how much you can afford to borrow. With APRA reducing the benchmark rate affordability will improve.
• Stay tuned as we expect the banks to roll out the changes in the coming weeks and we will be able to update and help you accordingly.

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Today, we’d like to share a terrific development property with potential to make $220,000*.

It comes with concept DESIGNS DONE for 3 street-front, 3×2 north-facing, hi-spec homes with double garage, and a BUILDER itching to get the designs approved and make you some money.

Total development cost $1.25 million* including $500,000 property price.

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