Provincial New Beginnings

The NEW Provincial Property Magazine summer edition Issue 36 | 2023 new beginnings MAGAZ INE

In 2022 we saw the introduction of interest rate hikes and even with eight interest rate hikes in 2022 Perth's real estate market still rose 2.86% with the median house price increasing from $525,000 to $540,000. So why is this and what does it mean for Perth real estate in 2023? When you take into consideration WA's booming economy, low unemployment figures, continued population growth, low supply and high demand for housing and an average median house price that's approximately $400k-$500k less than Sydney and Melbourne it's not rocket science to predict we have a very robust and encouraging real estate future in front of us. In fact Perth still remains the most affordable capital city by median house price, and while prices have risen in the past two years, in many areas they are still below the previous peak in 2014/15. REIWA predicts the next 12 months is likely to show a moderate growth of between 2-5 % and based on current market expectations, interest rates are anticipated to have minimal impact on the WA market, in contrast to other states. With all this in mind aren't you glad you live in WA in 2023? Provincial Real Estate 'the home of new beginnings' insights & news What is the real estate market going to look like in 2023? In 2022 we saw the introduction of interest rate hikes and even with eight interest rate hikes in 2022 Perth's real estate market still rose 2.86% with the median house price increasing from $525,000 to $540,000. So why is this and what does it mean for Perth real estate in 2023? When you take into consideration WA's booming economy, low unemployment figures, continued population growth, low supply and high demand for housing and an average median house price that's approximately $400k-$500k less than Sydney and Melbourne it's not rocket science to predict we have a very robust and encouraging real estate future in front of us. In fact Perth still remains the most affordable capital city by median house price, and while prices have risen in the past two years, in many areas they are still below the previous peak in 2014/15. REIWA predicts the next 12 months is likely to show a moderate growth of between 2-5 % and based on current market expectations, interest rates are anticipated to have minimal impact on the WA market, in contrast to other states. With all this in mind aren't you glad you live in WA in 2023? Provincial Real Estate 'the home of new beginnings' approximately $400k-$500k less than Sydney an rocket science to predict we have a very robust a future in front of us. In 2022 we saw the introduction of interest rate hikes and even with eight interest rate hikes in 2022 Perth's real estate market still rose 2.86% with the median house price increasing from $525,000 to $540,000. So why is this and what does it mean for Perth real estate in 2023? When you take into considerati n WA's booming economy, low unemployment figures, continued population growth, low supply and high demand for housing and an average median house price that's approximately $400k-$500k less than Sydney and Melbourne it's not rocket science to predict we have a very robust and encouraging real estate future in front of us. In fact Perth still remains the most affordable capital city by median house price, and while prices have risen in the past two years, in many areas they are still below the previous peak in 2014/15. REIWA predicts the next 12 months is likely to show a moderate growth of between 2-5 % and based on current market expectation , int rest rates are anticipated to have minimal impact on th WA m rket, in contrast to other states. With all this in mind aren't you glad you live in WA in 2023? P vincial R al Estate 'the home of new beginnings' insights & news What is the real estate market going to look like in 2023? insights & news What is the real estate market going to look like in 2023?

green with envy Feature property 4 2 2 1722 L M N O VISTAS & VOGUE 78 Basildon Road Lesmurdie From $1.3m Well suited to families and entertainers and those who appreciate the dress circles of Lesmurdie, this is a lifetime opportunity to capitalise on a premiere hill side position with all the hard work done and heavy investment complete. Its proud and commanding elevation on the high side of Basildon Road provides the most advantageous and uninterrupted views of the city and beyond. Ben Ciocca | 0411 113 117 ben@provincialrealestate.com.au scan for more

suburb spotlight Population: 6,970 Median Age: 47 No. of dwellings: 2,936 Key Facts Named from an Aboriginal word meaning ‘home in the forest’, Kalamunda is a residential and parkland suburb only 20kms from Perth. What once was known as a quaint little village in the Perth Hills is now regarded as a hot spot for fresh food markets, cafes and restaurants, large shopping and medical hubs, Water Fun Park and the utopian family place to live only a 30 minute drive from the CBD. Kalamunda is also considered the heart hub of the 6076 postcode with its surrounding neighbours Lesmurdie, Gooseberry Hill, Walliston, Bickley, Carmel, Bickley, Piesse Brook & Pickering Brook. Schools: Kalamunda Primary & Kalamunda Senior High School Surrounding Schools: Mazenod College, St Brigids College, Kalamunda Christian Primary, Lesmurdie High School. Lesmurdie Primary, Falls Road Primary, Mary’s Mount Primary, Gooseberry Hill Primary, Wallistion Primary, Pickering Brook Primary, Carmel Adventist College Highest Property Price achieved in 2022 - (to be supplied) Source core Logic and Reiwa Lesmurdie Highes Source History and the Love for Lesmurdie Neighbouring Kalamunda is one of Perth’s largest metropolitan suburbs Lesmurdie occupying 13.6 square kilometres and only 19kms from Perth’s CBD. What once was an area closely tied to the logging industry back in the late 1800’s and early 1900’s has now become a lifestyle housing haven for families and those who appreciate nature and wide open spaces combined with convenience and amenities. The name Lesmurdie was derived from Mr Archibald Sanderson, a Perth journalist who fell in love with the area reminding him of his rural retreat back in Banffshire, Scotland which he named ‘Lesmurdie’. The suburb now is one of Perth’s most popular and sought after Hills suburbs to live in with it being the closest hills suburb to Perth, offering a plethora of fantastic primary and upper schooling both public and private, two shopping precincts, renown sporting facilities including Ray Owen Recreatio Centre and only a 5 minute drive to the bustling township of Kalamunda. In addition to the many amenities Lesmurdie has to offer is its housing options and natural ttractions a e also abund nt. From Palatial Escarpment Manors, cute leafy country cottages to rural estates there is so much choice for a variety of families and lifestyle seekers. Lesmurdie’s surrounding natural environment is the core attraction for both residents and vi itors showcasing its stunning natura bushland reserve , Lesmurdie Falls, countless walking and mountain bike trails and of course the people that live here valuing a mindset of community and a protective love for its natural fauna and flora. ‘Lucky to Live in Lesmurdie’ is an understatement and one that should be not taken for granted.

GROWTH RATES YTD QTR 5 YRS 10 YRS 1 YR The Provincial Prediction for Lesmurdie With a huge shift in mindset largely due to Covid more and more people are discovering and seeking the blessed lifestyle of the Kalamunda hills – large blocks, friendly people, great schooling only 30 minutes to Perth and a short drive to the new Forrestfield train station makes this one hot property area for families and future investing. Ben Ciocca Director Provincial Real Estate Kalamunda 12.0% 2.6% 3.1% 22.5% 1.1% 0.3% 3.5% 1.4% Perth Metro Region 1.7% 1.6% 3.5% 5 YRS CPI R R RS GROWTH RATES YTD QTR 5 YRS 10 YRS 1 YR The Provincial Prediction for Kalamunda Over the last two years Covid has awakened a new mindset in buyers locally, interstate and nationally. Our unique lifestyle here in Kalamunda and surrounding hills suburbs has been rediscovered by buyers that would not necessarily ever have considered a move to the hills before. More and more people are leaving the city burbs and shoulder to shoulder lifestyl s for a spacious, natural and embracing new beginning for themselves and their families. What isn't to love about Kalamunda we are only 30 minutes drive to Perth's CBD, we have just about all the amenities you could ask for in our adorable village, fantastic schooling, large lifestyle blocks, gorgeous bushland reserves, walking and wine trails on our door step, the new Forrestfield Train station minutes away and of course Kalamunda's close knit community. Yes interest rates and inflation has increased however we must remember that Perth is still one of the lowest median house prices in Australia, coupled with low unemployment, mining is taking off and according to a recent West Australian survey 1 in 10 Australians are considering about moving to Perth. With all this in mind along with a yearning for people to change their families lives and head for the hills, our future looks bright. Ben Ciocca Director Provincial Real Estate Kalamunda -0.7% 2.6% 3.9% 17.5% 1.3% 0.6% 4.9% 0.3% Perth Metro Region 1.8% 1.9% 5.2% 5YRS AT D YR CPI field train future Key Facts Population: Largest ge Group: No of Dwellings: 8,473 Aged 0 -18 (32.1%) Approx. 2,300 Growth Rates 1 Yr 5 Yrs 10 Yrs Lesmurdie 8.8% 5.4% 2.6% Perth Metro 2% 1.3% 1.2% Median House Price: $740k 2BR 3BR 4BR $650k $665k $790k Average Sale Time on Market: 25 days Median rent $450 pw 2BR 4BR $450pw $635pw Schools: Lesmurdie Primary School, Falls Road Primary School, Lesmurdie Senior High School, Mazenod College, St Brigids College Surrounding Schools: Kalamunda Christian Primary, Mary’s Mount Primary, Gooseberry Hill Primary, Wallistion Primary, Pickering Brook Primary, Carmel Adventist College SOURCE: REIWA & CORELOGIC

REGAL GRANDEUR WITH A SPLASH OF EXOTIC - PREPARE TO BE WOWED! Offers from $1.5m 2 Crocus Road Kalamunda David Farrant 0455 155 021 5 2 2902 5 L N M O STUNNING CITY VIEWS $980k - $1m 24 Brie Brie Kalamunda Joanne Pottinger 0419 903 548 5 4 2486 2 L N M O TWICE AS NICE! - TWO HOMES IN ONE OR THE EXPANSIVE ENTERTAINER Low $1m's 30 Andrew Street Kalamunda Ben Ciocca 0411 113 117 4 4 1222 3 L N M O CONTEMPORARY RETREAT ON PRETTY WHEELWRIGHT ! from $769,000 12 Wheelwright Road Lesmurdie Pamela Abraham 0409 581 008 4 1 1414 2 L N M O

TICKING ALL THE BOXES - IN THE HEART OF THE ORANGE VALLEY High $700's to Low $800's 23 Patricia Road Kalamunda Ben Ciocca 0411 113 117 4 4 1802 2 L N M O GENEROUS BESPOKE QUEENSLANDER - LIFESTYLE 2.5 ACRES! NOW! $1,275,000 148 Holden Road Roleystone David Farrant 0455 155 021 4 2 9999 3 L N M O EUROPEAN ESSENCE ON THE ESCARPMENT All offers from $1m - $1.1m presented 3 Maxine Court Lesmurdie Ben Ciocca 0411 113 117 3 4 2059 3 L N M O 'JACARANDA PARK' :: PRETTY & LEAFY WITH TOP LOCATION ! from $499,000 14/22 Canning Road Kalamunda Pamela Abraham 0409 581 008 3 1 282 1 L N M O

SITTING PRETTY! Low to Mid $700's 19 Gloucester Road Kalamunda Ben Ciocca 0411 113 117 4 2 1047 2 L N M O THE HOLY GRAIL OF KALAMUNDA PROPERTY - PRIME RESIDENCE OR BUSINESS? Mid $900's 26 Central Road Kalamunda Ben Ciocca 0411 113 117 3 9 1176 1 L N M O RARE LAND ! 923SQM GREEN TITLE WITH WIDE 33M FRONTAGE ! low to mid $400,000s 29 Coral Road Kalamunda Pamela Abraham 0409 581 008 923 O FAMILY FIRST - GREAT LOCATION! $659,000 - $699,000 16 Petunia Street Kalamunda Joanne Pottinger 0419 903 548 4 1 1088 2 L N M O

GENERATIONAL ESTATE From $1.5m 15 Crump Lane Maida Vale Ben Ciocca 0411 113 117 5 8 12844 3 L N M O DELECTABLE HILLS STARTER OR DOWNSIZER IN THE PICTURESQUE BICKLEY VALLEY From $699k 81 First Avenue Bickley David Farrant 0455 155 021 3 1 5320 1 L N M O EXCLUSIVITY. OPPORTUNITY. VALUE. From $500,000 Each Lot 2&3 / 1 Tillbrook Street Darlington Jasmine Fyfe 0448 064 680 3320 O COOL PAD - HOTTEST VALUE! High $600's 19 Peet Road Kalamunda Ben Ciocca 0411 113 117 4 1 425 2 L N M O

FANTASTIC FAMILY HILLS STARTER WITH VILLAGE CONVENIENCE From $675k 8 Robusta Road Kalamunda David Farrant 0455 155 021 4 2 2023 2 L N M O TITLE ISSUED :: VACANT LAND :: PRIZED PARKLAND SUPER ZONE ! From $199,000 Lot 2/23 Warren Road Maida Vale Pamela Abraham 0409 581 008 400 O DOUBLE THE OPPORTUNITY? - TWICE THE EXPOSURE? - DOUBLE INCOME POTENTIAL? $695k for Multi Lot! 6 Helena Street Midland Ben Ciocca 0411 113 117 3 384 2 L M O TREASURED TOWNSHIP TOWNHOUSES Mid to High $300's each 2, 3, 5/32 North Street Midland Ben Ciocca 0411 113 117 3 2 2 L N M

season sensations Summer 23 David's Easy Peasy Bacon & Egg Pie • 2 sheets of Puff pastry • 6 - 8 slices cooked bacon (fried or grilled) • 8 eggs (reserve one yolk for brushing pastry) • 4 teaspoons milk or 4 teaspoons double cream • 1 onion (not too big - optional) • Desired amount of grated cheese such as tasty cheddar • Optional - Seasoning, tomato and corn ingredients method • Leave the pastry out for 20 minutes at least to stop it from tearing when using. • Cut the rinds of the bacon and chop bacon. (or leave whole) • Whisk eggs putting one yolk to the side. • Whisk in the milk or cream. • Chop onion (optional) • Lay one sheet of pastry in a casserole dish and make sure it comes just over the sides of the dish. • Prick the base with a fork. • Sprinkle the onion all over the base. • Mix the bacon (if chopped, if not lay bacon rashers over egg) in with the egg mixture. • Pour into the dish. • Sprinkle over your choice of cheese (grated cheddar works well) • Cover with other sheet of pastry and crimp together and cut of any excess pastry. • Decorate the top if you want (brush with egg for colour) • Cook for approximately 25 minutes at 180C in preheated oven • Great options to add to you're pie would be sliced tomato and/or corn plus you choice of seasonings such as cracked pepper

Fall in love with autumn! It’s the perfect time of year for hearty salads, slow-cooker favourites, one-pot wonders and other quick and easy warming dinner recipes that say a gentle farewell to summer. Samantha Lambert Provincial Real Estate I have fond memories as a child, growing up in New Zealand of my parents regularly making this pie. It's a great snack year round served hot or cold. It's simple, quick and asy to prepare. It's batable whether this dish is Australian or New Zealand. Being a Kiwi I'll claim it as originating in New Zealand, along with Russell Crowe.

what’s on Up and coming Events in the Hills Visit: Kalamunda.wa.gov.au for more information CREATING HABITAT GARDENS BY RACHEL GREEN • 16 February 2023 : 10.00am to 11.00am • 24 February 2023 : 11.00am to 12.00pm • High Wycombe Library 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 BUSH FOOD AND THE SIX NOONGAR SEASONS • 21 February 2023 6.00pm to 7.30pm • 27 February 2023 2.00pm to 3.30pm • Lesmurdie Library 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 KALAMUNDA FARMERS MARKET • Every Sunday morning 8.00am to 12.00pm KALAMUNDA NIGHT MARKETS • 4th Friday of the month - 5.00pm to 9.00pm • 24 February 2023 • 24 March 2023 • 28 April 2023 • Food, Market Stall, Local Business and Entertainment • Stirk Park 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 MORNING MUSIC: ARIA SCARLETT • 05 April 2023 : 10.00am to 12.00pm • Kalamunda Performing Arts Centre • kalamunda.wa.gov.au/kpac

Lesmurdie Gooseberry Hill Kalamunda our recent awards Lesmurdie Kalamunda David Farrant Property Consultant david@provincialrealestate.com.au 0455 155 021 Pamela Abraham Property Consultant pamela@provincialrealestate.com.au 0409 581 008 Joanne Pottinger Property Consultant joanne@provincialrealestate.com.au 0419 903 548 Jasmine Fyfe Property Consultant jasmine@provincialrealestate.com.au 0448 064 680 our team Ben Ciocca Principal / Licensee ben@provincialrealestate.com.au 0411 113 117 Samantha Lambert Office Manager samantha@provincialrealestate.com.au 9293 2200 Dani Guy Reception / Administration sales@provincialrealestate.com.au 9293 2200 Hayden Marijanich Public Relations New Beginnings Magazine Distributor Liz Ciocca Trust Accounts / Financial Administration

9293 3308 9293 0329 9293 0060 9293 2848 9293 4455 9293 3022 9293 1756 9293 2993 9257 1811 9293 3023 our distributors Kalamunda Coffee Club | Kalamunda Centro Kalamunda Patisseri | 37 Haynes St Haynes St Larder | 2a Haynes St Golden Eagle Restaurant | 1 Barber St Mead Medical | 37 Elizabeth St Stirk Medical | 8 Canning Rd Kalamunda Newsgency & Lottery Centre | 43 Haynes St The Best Drop Tavern | 18 Haynes St Teamwork Hair Design | Unit 4/3 Canning Rd Jack & Jill | 18B Haynes St Old Mates Café | 42 Haynes St 9293 3023 Maida Vale Hills Family Medical Practice | 266 Kalamunda Rd 9454 5544 Aqua Tots Swimming School | 221 Gooseberry Hill Rd 9454 5440 9291 4444 9291 5169 9291 9199 9291 6685 9293 3663 9293 3333 9293 4345 9291 8210 Lesmurdie Village Pizza Kitchen | Sanderson Rd King & Spoon Café | Sanderson Rd Crystal Brook Dental Health Centre | Marri Cres IGA Lesmurdie Road | 241 Lesmurdie Road Shops Gooseberry Hill Embers | 5 /169 Railway Road Embers Wood Fired Pizza | 169 Railway Rd Pere Bakery | 169 Railway Rd Walliston Wally Deli | 55 Grove Rd Darlington Little Nook Café | 2 Montrose Avenue The Hive Café | 1 Beenong Road 0480 182 678 9252 0062

Printed on recycled paper complimentary appraisal & gift pack provincialrealestate.com.au P: 9293 2200 @ProvincialRealEstateKalamunda INTERESTED TO KNOW WHAT YOUR HOME IS VALUED AT? Call 9293 2200 and receive a complimentary, no obligation and comprehensive property appraisal. Each property appraisal receives our Free Guiding Gift pack along with our extensive local knowledge and award winning expertise. Printed on recycled paper complimentary appraisal & gift pack provincialrealestate.com.au P: 9293 2200 @ProvincialRealEstateKalamunda INTERESTED TO KNOW WHAT YOUR HOME IS VALUED AT? Call 9293 2200 and receive a complimentary, no obligation and comprehensive property appraisal. Each property appraisal receives our Free Guiding Gift pack along with our extensive local knowledge and award winning expertise. To celebrate our new look we are inviting you to find out what your home’s value is and receive a limentary Provincial Promo Pack for the first 50 peo le. No obl gations jus f e, friendly comprehensive roperty appraisal from the Provincial Team! Call 9293 2200 to book your appointment Disclaimer, no responsibility or loss occasioned to any person acting or refraining from action as a result of the material in this publication can be accepted by Provincial Real Estate

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