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Welcome to O’Meara Property
Partly Cloudy 26°
12 Stockton Street
Nelson Bay, NSW 2315
t: 02 4980 4400
f: 02 4984 1606
9/1 Trafalagar, Nelson Bay,
Unit For Sale
Great buying for someone requiring a wheelchair friendly, ground floor serviced apartment in a Nelson Bay resort. Featuring 2 bedrooms, 2 bathrooms, spa bath, kitchenette, air-conditioning and balcony plus the added bonus of a restaurant and pool in the complex. Close proximity to Shops, Marina, Boat ramp and RSL. Seize the opportunity now.
1/9 Yawl, Corlette,
Duplex / Semi Detached For Lease – $290
Freshly painted and recarpeted three bedroom home in a quiet location in Corlette. Low maintenance yard with large under cover outdoor entertaining area, second toilet in the adjoining single garage.
Many home buyers get all excited when they find a property they like, make an offer and get it accepted all in a short time frame. They think all their Christmases have come at once. Or do they?
After the initial exultation, many buyers spend sleepless nights wondering if they have made the right choice. After all, it was a bit too easy wasn’t it? Maybe they have paid too much? Surely they must have missed something. Something must be wrong with the property.
Buyers’ remorse is not uncommon, and is based on self-doubt stemming from the stress involved in spending so much money on a transaction home owners undertake (usually) only a few times in a lifetime.
Buyers should always put in place the necessary checks (building and pest reports for example) but those who get their longed-for property purchase wrapped up quickly should think themselves lucky that they struck a motivated and realistic vendor when so many have an inflated sense of what their property is worth.
12 James, Nelson Bay,
House For Lease – $255
Two bedroom home located on a large block in a quiet cul-de-sac at Little Beach. The home has polished boards and a large balcony upstairs and a carport and storage area downstairs.
1/24 Swordfish, Nelson Bay,
Duplex / Semi Detached For Lease – $350
Peacefully positioned three bedroom duplex in the Seabreeze Estate. The property has all the living areas downstairs (with a split system air conditioner) along with the main bedroom and ensuite featuring a corner spa bath. Upstairs are the other two spacious bedrooms (both with built-ins) and main bathroom. The home is surrounded by manicured gardens and lawn and features a single lock up garage at the front.
8/138 Magnus, Nelson Bay,
Offices For Lease
Approximately 38 sqm of upstairs commercial/office space in CBD area. The property would be suited to either office space, beauty therapy or hairdressing.
183 Sandy Point, Corlette,
House For Lease – $370
Three bedroom family home located short walk to Corlette Beach. This property is currently being re-painted, carpeted and getting new blinds installed. The home also has an pergola at the rear, good sized yard and a single lock up garage.
3 Compass, Salamander Bay,
House For Lease – $350
Neat and tidy three bedroom home located in a quiet residential area at Salamander Bay. The property has built-ins in all bedrooms, 3 way bathroom, split system air conditioner in the living areas, back entertaining area and a single lock up garage.
There are many variables that affect the sale price of a property. Not all homes that look the same sell for the same price. Even when they seem to be equal (size, condition, features), some homes just seem to sell for more. What is the difference?
A young recent arrival from France rented an apartment in Sydney. She complained that the property had no light and was dull all day and of course, never got any sun. She said she had made sure to choose a property that faced south so why was this happening? The look of consternation on her face when she realized that southern hemisphere rules regarding aspect are different from northern hemisphere ones was the best demonstration anyone could hope to see of the importance of that elusive variable that has a demonstrable impact on the sale price of homes – aspect.
Unfortunately, many people whose homes are not ideal in terms of aspect overlook this when setting the asking price of their homes. There aren’t many buyers who come from overseas bringing with them northern desirability criteria for aspect. Most buyers have northerly aspect on their wish list, and will only drop it from the list if the price is right.
Most tenancy agreements state that the owner of the rental property is obliged to conduct ‘urgent repairs’ as they arise. What constitutes an ‘urgent’ repair and what happens when landlords try to ‘save money’ by refusing to carry it out?
Throughout Australia and New Zealand, landlords as well as tenants are subject to residential tenancy legislation. For example, in NSW landlords have to keep the property in good condition, they are obligated to lodge the bond with the Rental Bond Board, and there is a limit to the amount of bond that can be charged.
Urgent problems are usually defined as those that radically reduce the tenant’s ability to live in a property, such as a dangerous electrical fault, or serious infestation leading to large-scale structural damage.
A rental property owner who does not see to urgent repairs is asking to pay more for repairs in the long run as tenants have the right to hire qualified trades people to carry out urgent work and send the bill to the owner of the property. It is unlikely that a tenant will shop around for the best price, since ultimately the cost is legally payable by the owner.
Always remember to check with an experienced local property manager to make sure you are complying with all governing legislation and regulations.