Real Estate FROM COAST TO COUNTRY
By Jo Kennett
OUR AGENT of the Week is Paul McCarthy, licensed agent and principal of Real Estate 2487 at Kingscliff. Paul has more than 30 years experience in real estate sales and has even written a book on property investment. He and partner Heather, the agency’s marketing expert, live in Kingscliff and love everything about the Tweed Coast lifestyle. Known for going the extra mile, they pride themselves on offering a more relaxed, professional service. We caught up with Paul to find out more.
and purchased a property ourselves. Although I didn’t go into the industry immediately after this experience, it planted the seed.
WHAT ARE YOUR THOUGHTS ON THE CHANGES TO NEGATIVE GEARING AND CGT? I’m not in a position as a real estate agent to give financial advice. However, from my 35 years experience in the real estate industry, having seen the good, the bad, and the ugly, these types of changes typically have some effect initially on both buyers and sellers confidence. I’m a great believer that anytime is a good time to WHAT INSPIRED YOU TO buy real estate. It’s not the GO INTO REAL ESTATE? timing of the market but time My wife and I were in the market that counts. trying to buy a property WHAT ABOUT THE on the Gold Coast, from CHANGES TO FAMILY Melbourne, where we had TRUSTS? a contracting business and couldn’t find a real estate A very recent example agent who listened carefully of this was a mother and to what we were looking her two adult children who for. We were presented inspected a property through with multiple properties that us a couple of days prior to didn’t meet our requirements. the budget. Their idea was In frustration we located to place the property in the
Open Homes Saturday, May 30 Raine & Horne Jet
• 415 Tweed Valley Way, South Murwillumbah, 9.30–10am • 629 Tumbulgum Road, Tygalgah, 9.30–10am • 63 Tyalgum Road, Byangum, 10.30–11am • 837 Nobbys Creek Road, Nobbys Creek, 10.30–11am • Panorama Tweed Valley Estate: 2891 Kyogle Road, Kunghur, 11.30–1.30pm
family trust and possible changes to trusts were concerning them. We haven’t heard from them since, so maybe that is the answer. I do believe though, especially in tightly held desirable locations such as Kingscliff and the Tweed Coast where we mainly deal with home owners and to a much lesser degree property investors, the effects on our market should be minimal. WHAT ARE YOU HEARING FROM PEOPLE PLANNING ON BUYING OR SELLING SINCE THE CHANGES WERE ANNOUNCED? There has been some initial hesitation from buyers however that will always be the reaction of most human beings when facing adverse change. An investor I have sold to previously contacted me after the budget in an anxious frame of mind wanting to sell, however once we went over the pros and cons of why he bought in the first place and worked out what his long term goals for buying were, he was much more relaxed, had a chat with
• 1243 Kyogle Road, 12–12.30pm
Tate Brownlee Real Estate
• 4/33 Martinelli Ave, Banora Point, 9–9.30am • 109 Peninsula, Bilambil Heights, 9–9.30am • 59 Banora Blvd, Banora Point,10–10.30am • 3 Elm Pl Riley, Banora Point, 10–10.30am • 30 Beech Lane, Casuarina, 11–11.30am • 22/14 Lorikeet, Tweed Heads South, 11–11.30am
• 9 Banora Blvd, Banora Point, 11–11.30am • 17 Ossa Boulevard, Terranora, 12–12.30pm • 17 Townsend Cres, Terranora, 12–12.30pm • 25 Franklin St, Banora Point, 12–12.30pm
To us it’s More than property, it’s home! Shop 2 /41-45 Murwillumbah Street, Murwillumbah Phone: (02) 6672 2499
his accountant and is now leaving things as they are. DO YOU HAVE ANY PARTICULAR TYPES OF PROPERTY YOU HAVE MORE EXPERTISE OR INTEREST IN? I have sold all types and price ranges of residential properties over the years, including off the plan, to both home owners and property investors. I do enjoy working with investors having been a property investor myself, however I am always pleased seeing the satisfaction of both the buyer and seller at the completion of any successful sale process. CAN YOU TELL US ABOUT THE BOOK YOU HAVE WRITTEN ON REAL ESTATE? I self published a property book back in 2010 on how to purchase investment properties using the equity in your own home with little money or no money down. I also encouraged in the book if you did nothing more than just buy your own home and hold it through to retirement, you would have yourself a very comfortable nest egg.
• 78 Hillcrest Ave, Tweed Heads South,
1–1.30pm • 14 Valley view, Terranora, 1–1.30pm • 13 Clifford Crescent, Banora Point, 2–2.30pm
First National Murwillumbah
• 506 Tweed Valley Way, Murwillumbah, 10–10.30am
• 192 Stokers Road, Stokers Siding, 11–11.30am • 145 Smiths Creek Road, Uki, 11.45–12.15pm • 7 Central Parade, Murwillumbah, 11.45– 12.15pm
DJ Stringer
• 33/5 Island Dr, Tweed Heads, 9–9.30am
Hot property THIS WEEK’S Hot Property is an entertainer’s dream at South Murwillumbah where you can experience waterfront luxury with sweeping cane-field views across to the mountains. 169 Tweed Valley Way is an expansive four bedroom. three bathroom home boasting polished hardwood floors, three metre ceilings, and a chef’s kitchen with premium Miele and Fisher & Paykel appliances. Entertain seamlessly on the wide covered deck with privacy shutters, or enjoy the private ten metre pontoon and jet ski dock. Imagine jumping on your boat and tying up at the nearby Riverview Hotel, the Tumby Tavern or Husk Farm Distillery. Features include an expansive entertainers’ deck, front entry deck capturing lush vistas, and climate-controlled living zones. The luxurious main bedroom features waterfront views, open ensuite, and a walk-in robe. There is a media room with an electric projector screen and multi-zone air conditioning, and electric gated entry to a double auto garage with high clearance and abundant watercraft storage. All this is just a five minute drive to Murwillumbah, 15 minutes to Tweed City and just 20 minutes to the beaches of Kingscliff. This beautiful home is for sale by negotiation with David Stringer at DJ Stringer.
• 7/20 Dutton St, Coolangatta, 10–10.30am • 29 Townsend Cres, Terranora, 10–10.30am • 1/13 Parkland Pl, Banora Point, 11–11.30am • 6/2 Surf St, Bilinga, 11–11.30am • 2/38 Garrick St, Coolangatta, 11–12pm • 6/241 Golden Four Dr, Bilinga, 12–12.30pm
Real Estate 2487
• 3/3 Lorien Way, Kingscliff, 11–11.45am
Tweed Coolangatta Real Estate • 67 Tringa Street, Tweed Heads West, 11–11.30am
• 5/3-5 Barrett Street, Tweed Heads West, 12–12.30pm
95247 Raine & Horne JET 10x6col
AG E N T O F T H E W E E K