We are proud to present our quarterly newsletter which covers important information for all our amazing clients.
Please see our highlights for each story. Click on the links to read more about the stories that interest you.
1. What has been happening in the West End?
2.What has been happening in property management and in the overall rental market
And check out our rental property of the month...
3 .How is the sales market going in Port Hedland?
And check out our sale property of the month...
4 .Everything Commercial!
5 .Question and answer with our lovely Finance Manager/Commercial Consultant – Leah
Wonder what Leah is most passionate about and where she originates from?
Read all about in our little interview with Leah Taylor.
6 .Tips & hits for tenants/owners/investors
7 .Check out some relevant articles we found interesting about the current market
Town Of Port Hedland – Town’s annual pre-cyclone season green waste clean
REIWA - Renovating vs building: the pros and cons
REIWA - Which is more efficient for your home? Gas vs electricity
REIWA - Knowing the role of your real estate agent when selling
REIWA - Tips on how to save money when you move
ABC News – Two speed economy for Port Hedland
https://www.abc.net.au/news/2020-08-28/port-hedland-two-speed-economy-pandemic-hard-border/12593994
Pilbara ABC News – Port Hedland dust zone
https://www.facebook.com/ABCPilbara/videos/370148237711707
REIWA – Extension of the residential emergency rental laws
REIWA- How a ban on rent increases will impact tenants in the long run
8 .Contractor of the month – Allday Building Maintenance
Read more about our chosen contractor, and hear about what special offers they have on for Hedland Property Shop clients
9 .Any special being offered to our tenants/owners/investors
Read more to found out what Hedland Property Shop is offering if sign a 2 year management authority in October.
10 .Send us your reviews and testimonials
Feedback is always wanted. Read more to find out how to send us your feedback and follow us on Facebook.
What has been happening in the West End?
By Jim Henneberry – Director
Interested in what's happening in the West End, check out ABC News: Ore-ful Dust: Pollution controversy over booming iron ore port
- click on the link and watch the video
https://www.abc.net.au/landline/ore-ful-dust:-pollution-controversy-over-booming/12659750?nw=0
Check out the West End Gazette report. If you have any question please contact Jim to discuss.
- click on the link to read report
What has been happening in property management and in the overall rental market?
By Jemma Lions - Senior Property Manager
What’s happening in town:
Throughout Port Hedland we have seen the vacancy rate stay low, on average there are 58 properties advertised for rent across port and south Hedland which is very low in relation to previous quarters.
HSP – What’s been happening:
We have been busy in Property Management this quarter, focusing on some of our marketing material such as ownership and tenancy handbooks to hand out with new tenants and prospective owners. We have seen a very busy quarter for leasing with 32 properties leased. We have seen out average weekly rent amount increase again which is great.
The vacancy rate for the agency has dropped to under 2% which is great! We are still trying to grow our portfolio to keep up with the demand from prospective tenants, we have companies looking for executive style properties at the moment and there is not much on the market, if you have a property you would like an appraisal on please do not hesitate to give Jemma a call on 0429 200 452.
We have all been shocked by the government’s decision to extend the emergency period due to COVID-19, REIWA have emailed out to advise they are disputing the emergency period extension, please see link below.
We have had to regroup and adapt to this one, which we have. It will be interesting to see where our rental prices are sitting come March next year as having 12 months without rent increases will have a big impact on the rental market.
For tenants struggling, if affected by COVID-19 the grant scheme has been extended aswell, please see link below for that one.
Residential Rental property of the month
47 Styles Road, Port Hedland
4X2 executive style property
Pool
Well maintained yard
$1400 per week
We took this property over as a new management from another agency, we were able to source a tenant without advertising due to list of prospective tenants we have through the agency. We were able to get the desired rent and a 12 month lease to secure this one. The property was leased with one week of a management authority being signed.
How is the sales market going in Hedland?
By Victoria Thoegersen – Residential Sales Consultant
The real estate market in Hedland has well and truly started to improve over this past quarter! Port Hedland has been noted by Property Valuers Herron Todd White to be past the start of recovery, and we have been mentioned to be in a rising market in both their August and September reports.
This past quarter I have put a total of 8 properties under offer, with 6 of them listed within this same quarter. We had 12 properties that formally sold, and 7 new listings. So it has been quite a few busy months for me in and out of the office.
Stock is sitting very low with a total of 91 listings advertised for sale in South Hedland. 50 of these properties are being advertised as being under offer. So there are only 41 listings available for sale.
36 properties are advertised in Port Hedland for sale, with 10 marked as being under offer. That leaves 26 listings available for prospective buyers, which is quite a shortage given the amount of buyers that we have contact us for available properties.
The median sale price in Port Hedland is now sitting at $430,000, which is an increase from last quarter. There has been no movement in the median sale price for South Hedland which is still sitting at $200,000. (Statistics from https://www.realestate.com.au).
If you have been thinking of selling, then now would be a good time to get in touch with me to receive an updated sale appraisal for your property.
You can get in touch with me direct on 0400 993 200 or Victoria@propshop.com.au. Alternatively you can call the office on 08 9173 5555.
I look forward to be hearing from you!
Residential Sale property of the month
1, 2 & 3/ 15 Kingsmill Street, Port Hedland
Can be purchased together or separately and the price has been reduced to $399,000 each.
Each property FEATURES:
3x1
Tiled throughout
Split system air-con throughout
Ocean views and direct beach access
- 1/15 Kingsmill Street, Port Hedland
This unit was recently leased for $500 per week.
2/15 Kingsmill Street, Port Hedland
This unit is currently rented for $475 per week.
- 3/15 Kingsmill Street, Port Hedland
This property is currently rented for $475 per week.
Everything Commercial
By Leah Taylor Accounts/Commercial sales & leasing
BUSY QAURTER FOR COMMERCIAL!!!
Things are finally looking up, vacancies are dropping and the market is staying at a steady rate.
This quarter I have done up
- 5 new lease (4 of them have been in the last 2 weeks)
- 3 offers on listed commercial properties
- 1 accepted offer on a commercial property in the West End
- 1 sold property in Wedgefield - 21 Harwell Way
80% of our new lessee’s are businesses coming to set up shop from out of town. Keep an eye out for the following;
Physiological Training – Have expanded into the building next door at 2/6 Anderson. Claire will be turning this space into a Pilates studio over the coming months. Ring her to find out how you can be inline to get a membership. Claire has over 15 year’s experience working across a variety of settings and provides a dynamic physiotherapy service for the Port Hedland community. As one of the female practicing therapists in town, specialises in Women’s Health as well as pre- and post-Pregnancy care.
Physiological Training
Claire – 0417 488 072
admin@physiologicaltraining.com.au
Coldpoint Refrigeration - Specialising in commercial and industrial refrigeration technologies. Providing specialist services for all commercial and industrial applications, including concrete cooling solutions. With trade experience of in excess of 36 years, providing refrigeration and air conditioning services in Karratha for past 24 years. Now one of the largest Daikin dealers regionally for West Australia. They have just moved in to 2 Stocker Street, Port Hedland and are ready to give competitive quotes today!
Coldpoint Refrigeration
Jimmy - 08 9144 2700
hedland@cprefrigeration.com.au
***Hedland Property Shop is looking for more Commercial stock***
Please call me today for a free sale or leasing appraisal!!!
Leah Taylor – 0429 905 211
Meet lovely Leah!
-What is your position with Hedland Property Shop?
Finance Manager/Commercial Consultant
-How long have you worked with the real estate business for?
3 Years in November 2020
-Where are you from?
Walpole, WA
-What is your biggest hope for our town?
For residents to be proud to call the Pilbara home.
-What is your favourite part about your career?
Working with an incredible team who shares the same passion as me to do their job to the best of their ability.
-What inspire you to succeed?
My beautiful daughter, Kelsea ???? I want her to know that you only get to where your going through hard work and respect for others.
-What are you most passionate about?
Helping establish new businesses in town. This can be in the form of being a Hedland Property shop creditor, introducing them to the right people around town or finding them the perfect commercial property!
-What is your favourite thing about the Pilbara?
The people!
-What makes you smile?
If you know me, you would know…Everything ????
-Tell us 3 things you cannot live without?
Family, friends and Friday drinks ????
Quarter 2 tips & hints for tenants/owners/investors
- It’s time to give your air con unit filters a clean! Turn the air con unit off. Lift up the cover and pull out the filters. A great tip is to wash them in the shower. Turn the filter upside down a spray the shower over the filter to wash any fluff. Let dry in the sun. Once dry, slide filter back into air-con unit and clip the cover back down.
Port Hedland & Real Estate market articles for July-September 2020
9 News – New home buyer scheme
REIWA - Residential Tenancies Act 2020 COVID-19 Response
Town of Port Hedland - Portside pop-ups projects
Town of Port Hedland - 2020/2021 Annual Budget
ABC News - Buyback scheme
https://www.abc.net.au/news/2020-06-12/port-hedland-house-buyback-to-go-ahead/12344866
REIWA - Settlement for moving in and out of regional areas
Australian Mining - Port Hedland expansion set up WA job opportunities
Australian Mining - Pilbara Minerals well – prepared for post-coronavirus recovery
The West Australian - Eastern state-based FIFO workers offered incentives to move to WA
Australian Mining - BHP investigates raising Port Hedland export capacity
https://www.australianmining.com.au/news/bhp-investigates-raising-port-hedland-export-capacity/
Australian Government The Treasury - Home Builder Grant
Gov - Apply for the first home owner grant
Contractor of the month
Allday Building Maintenance
Allan Day: 0414 597 174 & allday63@gmail.com
-Handyman
Allan at Allday Building always priorities our work orders and is great to work with. We would definitely recommend him for all property handyman works -" jack of all trades".
Any specials being offered?
If you sign up a 2 year management authority with us in October 2020, you will receive 3 months of free management fees. Speak with Jemma or Leah for me details on (08) 9173 5555.
Send us your reviews and testimonials
We love your feedback on any of the services we provide; send your review and testimonials to reception@propshop.com.au
Our most recent testimonial: "Thank you for all your help Jemma" from our tenant - Sharon Gosling.
Find us on Facebook! Like us! Follow us! We will keep up to date with our properties, office and the Port Hedland community! https://www.facebook.com/hedlandpropertyshop
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We are proud to present our quarterly newsletter which covers important information for all our amazing clients. Please see our highlights for each story. Click on the links to read more about the st