Serai Residences Construction Update

Welcome to this month’s construction update for Serai Residences

We’re pleased to share the latest progress and key milestones achieved over the past few weeks and those that are upcoming.

As works continue to progress on site, it’s really all about concrete. With many associated works occuring, such as preparing formwork, placing the reinforcing steel and installing services, but what most people see is the concrete.

Works completed through July and August

• Installation of drainage and services under the lower basement carpark

• Installation of retaining walls along the western boundary

• Installation of retaining walls along the north side of the lower basement carpark

• Footings and columns for the lower basement carpark

• Concrete slabs for the lower basement carpark

• Concrete cores for the lifts and stairs in the lower basement carpark

• First half of the concrete slabs for the upper basement carpark

Check out the images below showcasing the progress onsite, video footage around site coming soon!

Upcoming works through September and October

• Complete concrete in the upper basement carpark

• Concrete cores for the lifts and stairs in the upper basement carpark and ground level

• Progress concrete structure, slabs and services across the ground level

• Start concrete structure, slabs and services across level one

• Continue boundary retaining works

The team are looking foward to seeing the building structure raise about the fence line and make rapid progress upwards from there.

More sunshine and less rain will be a welcome change for the on site team.

Contact

If you have any questions regarding the above

Please contact Stephen Vitale

 0416 095 906 or stephen@serai.com.au at a time convenient to you.

serai.com.au

MYKA Private VIP Viewing Appointments Now Available

VIEWING TOWER EXPERIENCE

Meet with MYKA selling agent Stephen Vitale

This Saturday the 14th of September

9am-10am

on-site at 194 The Esplanade, Brighton Beach

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With Grand Launch scheduled for this spring, now is your opportunity to secure your residence prior to public launch.

Panoramic ocean views from the viewing tower

Make sure to secure your private VIP viewing appointment by contacting

Stephen Vitale on +61 416 095 906

or click the link below to email your availability.

At these exclusive viewings, you will not only have the opportunity to visit the site and experience the first-hand views from the viewing tower, you will have the opportunity to secure your first preference before MYKA is offered to the open market at our impending Grand Launch.

SECURE YOUR EXCLUSIVE PRE-LAUNCH OPPORTUNITY

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Refined coastal living, without equal.

Gary Dempsey Developments presents MYKA, an unparalleled collection of absolute beachfront residences, in a league of its own. In arguably the best position on the metropolitan coastline, these curated residences provide uninterrupted ocean views from the north to the south, where the beach and dunes unfold directly from your doorstep.

A visionary and award-winning developer.

Founded in Western Australia in 1987 by master builder and developer Gary Dempsey, Gary Dempsey Developments has a hard-earned and well-deserved reputation built on the award-winning delivery of high-end properties in some of Perth’s most sought after coastal and riverside locations. The company’s second project in Scarborough, MYKA embodies a genuine love for the area and an innate understanding of sophisticated coastal living.

Life by the Ocean.

A matter of steps to the golden sands of Brighton Beach, MYKA residents will relish an invigorating waterfront lifestyle with the best of the coastline at their fingertips. Awaken each day to the sound of crashing waves as the sun rises gently over the horizon. In the evenings, enjoy some of the best sunsets in all of Australia from the comfort of your balcony.

Architecture + Interiors by DKO.

Recognising the importance of sustainability and the fragile nature of the Australian landscape, DKO designs sustainable buildings that respect the sites, embellish the lands and create benefits for the communities that inhabit them. DKO’s enviable reputation has developed through the meticulous planning of living environments and the integration of internal and external living spaces, all of which embody the needs of the contemporary lifestyle.

Dreaming of Owning a Vineyard Property in the Magical Margaret River Region?

not a dream, but a reality!

Your very own Vineyard Property, an option you may not have considered while on the hunt to purchase in the WA property market. Offering a chance to live the relaxed and naturally picturesque lifestyle that Margaret River offers. Known best for its craft breweries, boutiques, vast array of delicious dining options, surrounding wineries, and natural beauty spanning from the coast to the hinterland.

Margaret River is not just a Region, It’s a lifestyle.

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Check out these exquisite Vineyard Properties we have on Market in the Margaret River Region.

Rosabrook Estate

This divine property located in the Rosa Brook hamlet, just 14 minutes from the Margaret River township, sits on a spacious 19.75 hectares of total land. With 6.4 ha vineyard area with approximately 5,46 ha currently in full production, growing premium wine grapes. Plantings include Chardonnay (2.71ha), Sauvignon Blanc (2.03ha), Pinot Gris (0.28ha) and Cabernet Sauvignon (1.39ha).

Buildings feature a character rammed earth homestead that could be utilised as a cellar door and four multi-purpose and pump sheds. Improvements consist of three spring and catchment fed dams of approximately 27Ml capacity covering just over 2.0 ha with a 20 Ml groundwater licence.

Click here for further information

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Shovel Gate Vineyard - Under Contract

- Now Under Contract -

Offered for sale for the first time in almost 25 years, Shovel Gate Vineyard is a fully operational vineyard situated in the renowned Margaret River wine region in Western Australia. The vineyard areas are leased on a long term agreement leaving the homestead and grazing paddocks available for the owner’s exclusive use. The estate could be further developed to create an attractive cellar door, winery, function centre and wedding venue. This unique property is a perfect holiday farm providing income, accommodation and grazing paddocks to run a few sheep, cows or even a horse or two whilst enjoying the view over the vineyard.

30.35 ha total land area
17.39 ha of premium vineyard
1.0 ha of dam area of approximately 40ML capacity
Substantial 5 bedroom homestead
Machinery/Storage and pump sheds

Click here for further information

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Worgan Road Estate

13 Worgan Road, Margaret River

39.6395 ha total land area
20.2 ha of premium vineyard
2.4 ha of dam area of approximately 66ML capacity

Situated on the corner of Worgan Road and Bussell Highway, a prime location with a 430 metre Bussell Highway frontage, this premium property is the ideal location for a multitude of tourism options. A very tidy property with a large water feature, premium vineyard, renovated settler’s cottage and large multi-purpose shed, is located in the Metricup hamlet, just 14 minutes from the Margaret River township. Vineyard plant and equipment available by negotiation.

Click here for further information

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For further information or to arrange a private inspection please contact:

Mike Calneggia

+61 419 963 474

mike@boutiquepropertyandadvisory.com
www.boutiquepropertyandadvisory.com

MYKA Brighton Beach VIP Pre Release Registration Now Available

Pre-release VIP private viewing appointments for MYKA Brighton Beach are now available.

Standing proud on the ocean shores of Brighton Beach, MYKA is an unmatched collection of absolute waterfront residences, without equal. In arguably the best position on the metropolitan coastline, these curated residences provide uninterrupted ocean views from the north to the south, where the beach and dunes unfold directly from your doorstep. Moments to one of Perth’s most vibrant precincts and yet still undeniably private, MYKA is designed to take full advantage of this unrivalled location.

Click here to register your interest.

Perth's property momentum appears set for an extended run

Perth's red-hot property market is showing no signs of slowing down, with suburbs across all price ranges experiencing rapid capital growth increases. Perth’s capital growth outpaced all capital cities in the past year and is 11 per cent above national average, achieving a record dwelling median of $703,502, with no sign of a slowdown.

Since the onset of Covid, property prices in Perth have increased 56 per cent, or by a median $253,624, with the ongoing upward trend buoyed by high immigration, low supply, and despite growth, ongoing affordability.

CoreLogic’s March Home Value Index recorded a monthly, quarterly and annual dwelling value rise nationally of 0.6, 1.6 and 8.8 per cent, but for the same periods, fast-paced Perth values grew more than all capitals at 1.9, 5.6 and 19.8 per cent.

Median house and unit values are between $100,000 to $150,000 lower than national averages ($833,854, $640,162), where Perth’s record house median is $735,276 and for units $495,360.

Compared to Sydney’s median $1.4 million, Perth is a remarkable $680,000 less, and almost $200,000 less than Melbourne’s $900,000, and lower than Canberra and Brisbane by $228,000 and $175,000 respectively.

Serai Development: A Premier Opportunity in North Fremantle

Date: 15th February 2024

Discover an unparalleled living experience at Megara's Serai development in North Fremantle. This prime location offers breathtaking views from the Swan River to the Indian Ocean, making it a rare and unique opportunity for prospective homeowners.

Location and Residences

Nestled in the unique location of North Fremantle, Serai boasts 97 meticulously designed residences, including apartments, townhouses, and penthouses. Ranging from one to four bedrooms, these residences are priced from $699,000 to $14 million.

Visionary Design and Luxurious Amenities

Architect Felipe Soto's vision for Serai draws inspiration from Italy's Amalfi Coast and seamlessly integrates with the local landscape. Divided into Bay Residences, Shore Residences, and Townhouses, each unit reflects its natural surroundings. Serai offers a range of luxurious amenities, including a hotel-style lobby, firepit with river views, barbecue area, games room, outdoor cinema, watercraft storage, yoga room, gym, steam room, sauna, and a heated pool.

Sustainable Living

Prioritising sustainability in Serai's design, Megara is aiming for an average 7-star NatHERS energy rating. Above the 5-star industry standard. The emphasis on energy-saving practices, such as high ceilings, full-height glazing, efficient appliances, double glazing, smart metering, smart lighting, numberplate recognition, keyless entry, and EV charging provisions, ensures a green and eco-friendly living environment.

Now Under Construction

Construction of Serai commenced in late November and is on track for completion by early 2026. Despite challenges in the construction industry, Megara's track record of successful projects ensures that Serai will be delivered with the promised quality and attention to detail.

The Allure of North Fremantle

North Fremantle, with a current median unit price of $855,000* [REIWA.COM.AU], is a sought-after suburb offering a rich historical tapestry, character, and waterfront location. The vibrant hub of Fremantle, excellent connectivity to Perth CBD, and beachside living make North Fremantle an attractive choice for buyers.

Perth's Property Market

Perth's property market is experiencing a surge, with an 8.48% price increase across all suburbs in the past year [PropTrack]. Serai, with its strategic location and high-quality offerings, aligns perfectly with the growing demand for apartments in Perth. 

Apartments, Townhouses and Penthouses Now Selling

Seize the opportunity to be part of the Serai community, where visionary design, luxurious amenities, and a prime North Fremantle location come together to create an exceptional living experience.

For more information explore the Serai website, visit the Serai Display Suite, or book a private appointment with Boutique Property Managing Director Stephen Vitale.

Stephen Vitale    |          sales@serai.com.au

Display Suite       |        Shop 1C, 460 Stirling Hwy, Peppermint Grove

Display Suite       |        Wednesday          4pm – 6pm

                                      Saturday              10am – 1pm

Maraboo Island SOLD OUT and now under construction

We are very excited to announce that Maraboo Island Coogee is now sold out and under construction. We cant wait to see this spectacular development come to life.

Perth Market Snapshot for the week ending 29 August 2021

Sales activity increased eight per cent in Perth last week, with REIWA members reporting 931 transactions. 

This increase can be attributed to a three per cent increase in house, a 23 per cent increase in unit sales and an 18 per cent increase in vacant land sales. acant land sales declined 19 per cent during the week.  

Properties for sale

There were 8,503 properties for sale in Perth at the end of last week, which is in line with the previous week. 

A closer look at listing stock levels shows house, unit and land listings were all stable over the week. 

Last week's total figure is three per cent higher than four weeks ago and 21 per cent lower than a year ago.

Perth rental market

REIWA members reported there were 2,379 properties for rent in Perth at the end of last week, which is six per cent less than the previous week.

Last week's rental listings figure is 11 per cent lower than four weeks ago and 26 per cent lower than the same time last year. 

Leasing activity increased five per cent in Perth last week, with REIWA members reporting 804 properties leased. 

View our Perth Market Snapshot graphic for a complete breakdown of the past week. 

Perth is currently Australia's fastest growing major market

CoreLogic data revealed that Perth’s home value index lifted 1.6 per cent in January and 3.8 per cent compared to three months ago, currently making it the fastest growing major market in Australia. 

REIWA President Damian Collins said reiwa.com data supported these findings, with Perth’s median house price increasing to $490,000 in January. 

To find out more visit the article below.

https://reiwa.com.au/about-us/news/perth-is-currently-australia-s-fastest-growing-major-market/?utm_source=Pardot&utm_medium=email&utm_campaign=reiwa.com%20newsletter

Why November marks a turning point for the economy (and house prices)

The Australian economy is now in recovery mode with almost all economic data showing a faster rebound than expected in the wake of the coronavirus crisis.

According to the latest Australian Bureau of Statistics data, the number of people employed in Australia grew by 178,800 in October despite economists predicting a 27,500 drop. Retailers are expecting a big Christmas with retail trade up 7.3% compared to October last year, even with continued declines in Victoria.

To find out more visit the article below.

Perth houses selling 27 days quicker in September

According to the latest reiwa.com data, houses in Perth are selling 27 days faster in September compared to one year ago, taking a median of 28 days to sell rather than 55 days.

REIWA President Damian Collins said it is pleasing to see the established market doing well.

“While the data shows we are seeing improvements, agents on the ground have reported high levels of interest in residential property and multiple offers being put forward on some new listings,” Mr Collins said.

Why are we seeing this trend?

“In September there was a 20 per cent decrease in the number of properties for sale on reiwa.com compared to the previous year. This combined with low interest rates and a return to stronger population growth explains why we are seeing houses sell at a quicker rate.

“While the market overall is on the improve, some suburbs are going better than others, with the top 10 selling suburbs in September all selling well under Perth’s median of 28 days.”

“With low stock levels and faster selling days, we can expect the median sale price to start increasing over the coming months. For those who are looking to sell, now might be the time to contact your local REIWA agent,” Mr Collins said.

Clifton & Central: The Story

Watch this video to hear the story and vision behind Clifton & Central directly from developer Tim Willing

https://www.cliftonandcentral.com/ourstory

Clifton + Central Display now open!

We are extremely excited to announce that the Clifton + Central Mount Lawley display is now open! To book a private appointment email stephen@boutiqueproperty.co or call 0416 095 906

Positive market movement for the WA Property Market

REIWA has released data confirming the number of transactions for property sold in the first 2 weeks of May exceeded total number for April 2020. This is a positive sign for the Perth property market. You can read the full article here

Client Testimony

A wonderful testimony from our client James Anderson. We strive to go above and beyond to provide the best possible service to our clients.

“We were introduced to Stephen and Boutique Property Co through a mutual friend. We were looking for an Agent who was attentive, honest and able to sell our property both quickly and for a good result. Stephen was all of the above and pivotal in achieving an excellent result. Our property was listed quickly and presented well through Boutique’s presentation, signage and presence. The lines of communication were always clear, we were kept up to date regularly and made to feel comfortable. The honest advice was not pushy and Stephen took the time to listen to us. Offers on the property were negotiated clearly, Stephens advice proved to be true and the sale went through very smoothly.  We really appreciated Stephen's laid back but professional approach. We have continued to stay in Contact with Stephen and will ask him to be our agent again.” James Anderson

Perth Property Prices Edge Up

Perth’s subdued property market is seeing a glimmer of hope as house prices rebound for the second quarter in a row for the first time since 2014, a new report shows. House prices edged up by 0.7 per cent to a median $537,013 in the December quarter, the Domain House Price Report reveals. 

SISKAS Apartments now under construction

Siskas the final building within the highly successful Taskers waterfront development is now under construction! Architecturally designed and crafted by leading Western Australian builder and developer Gary Dempsey, Siskas at Taskers offers unrivalled river views, resort-style facilities, extensive private gardens and inimitable design and building technology. It is undoubtedly the finest apartment development in the Western Suburbs

Perth Property Prices Predicted To Rebound: 2020 Forecast

Glimmers of hope are ahead for Perth’s property market with prices predicted to rebound in 2020, according to Domain’s property price forecast

“A number of fundamental drivers of prices suggest a turnaround for Perth,” Mr Wiltshire said.

“Annual population growth is predicted to increase to 1.5 per cent in 2020 (from 0.9 per cent in 2018), interest rates are lower, the Australian dollar has fallen, the mining outlook is now ​much stronger​, there is ​a growing demand for workers​ and unemployment is expected to fall.