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LAND SIZE: 713M2 (SOURCE RP DATA)
BOOKLET CREATED BY SUSAN PARKES
PARKES & PARTNERS REAL ESTATE 02 4666 0000
1 COLO PLACE, CAMPBELLTOWN
FOR SALE $680 - $740,000
Huge Rumpus Room - Set on a 713m2 block
Perfectly located just 3.3kms to Campbelltown CBD. Walk to local
primary school and shops. Set in a sought after cul de sac, this single
level brick veneer 4 bedroom home has a formal lounge and a
beautifully renovated kitchen with loads of cupboards, Caesar stone
benchtops and dining room off the kitchen which will make your daily
cooking a breeze. There are three bedrooms to the front of the home,
family bathroom, large extension with a fantastic rumpus room with
bar and rear yard. The home could be easily be converted into in law
accommodation as the main bedroom with built in robes and ensuite is
located just behind the rumpus room. Lovely front and rear yard with
covered pergola and side access, single garage and lots of extras:
Ducted Airconditioning, Dishwasher, Rangehood, Remote Garage door,
Ceiling Fans, Walk-in Linen Cupboard,
The suburb of
Campbelltown
Newly idenitifed as a regional city centre in the state government’s Metropolitan Strategy,
this suburb acts as the capital of the Macarthur Region which sprawls across more than
3000 square kilometres where Sydney city meets rural countryside.
Campbelltown is expected to play a major role in servicing new greenfield developments in
the region, with the population of the local government area set to grow from 150,000
people to 230,000 by 2031. Council wants to focus on health and education business park
developments to increase employment options in the area. More mixed-use developments
are also under consideration.
Home to an expansive University of Western Sydney campus, TAFE, a major hospital and
the Macarthur Square shopping centre, Campbelltown is well-placed to meet the needs of
residents. Free-standing homes currently outnumber medium and high density offerings by
a ratio of about two to one, with prices ranging between $300,000 and $600,000. Unit
prices in older buildings start at an affordable $230,000, and from $320,000 for a one-
bedder in a new development.
About
Susan Parkes
Energetic, highly organised and a great communicator, Sue
Parkes is passionate about the area she lives and works in.
Sue has lived in the Macarthur area, her specialist area for
over 20 years. This gives her an unrivalled understanding of the local property market and
a rare insight into the community. Sue points out that “like most people, my home is my
most significant asset, but it’s much more than an investment; it’s where I was raised. I
know that people have a lot of emotion tied to their homes. That’s why I pay so much
attention to understanding my client’s needs when they approach me to buy or sell a
home”.
As a long-time resident, Sue has a deep appreciation of Macarthur’s cultural diversity and
of its growing sophistication. She appreciates all the factors which make the entire region,
an increasingly attractive destination for families, including its lush parklands, large
suburban blocks and sizable homes.
Sue brings a depth of knowledge, integrity and openness to the task of buying or selling
residential property. She says that she “strives to deliver the kind of service I would
demand if I were buying or selling a home”. In practise, this means that Sue’s clients
receive expert property advice grounded in honesty and transparency. She is tireless in her
pursuit of the best possible outcome for her clients, whether buying or selling.
Known for her enthusiasm, Sue
possesses excellent follow through
skills. Passionate about Real Estate is
an ideal fit for Sue. As she observes, at
its best, real estate is focussed on
providing outstanding customer
service. This is what it’s all about, and
this focus facilitated by systems and
processes that make the business of
buying and selling property efficient
and effective.
6 Steps to
Buying a House
Purchasing a residential real estate can be a very exciting process; however, it can also be a
confusing time for the prospective buyer. As you may already be aware, different agencies
usually have different sets of rules and standards, so we would like to inform you of the
general buying process.
Property owners receive all types of interest- some genuine, some not. Some people
submit offers to test the possibility of sale, but do not actually stay true with their offer.
This can lead to frustration and concern for the owners as they try to assess who is actually
a genuine buyer. The best way to present a strong offer in any property is to follow the
steps below that allow you to understand what is required in preparation.
Allowing you to put forward your strongest purchasing proposition to the agent, all offers
must be presented to the owner in writing and all purchase details correct for the filling in
the contract for signing.
Step 1. Provide the agent with your full details such as:
The actual purchase price you will be paying for the property
The method by which you choose to pay the 10% deposit
The settlement period that you require or the vendor has stipulated
The name of your bank or financial lending institution
Any special conditions or request that you may have so that we can inform the
vendor
Step 2. Confirm your time frame available to do an investigation
Find out if the property has a deadline on it such as an auction or other offers from
interested parties
Step 3. Decide if you are going to obtain a Pest and Building Report
Before you purchase any property in particular a new home it is important that you
receive a copy of a pest and building report form a qualified inspector. Please note that
this report is a complete list of defects of the home, and is very different from the feature
brochure that you receive on the home, and most times misinterpret the report, eg. The
home is 34 years old and is in need of new roof tiles. Roof tiles last approximately 35 years
and need replacing on every home of that age.
The point to remember here is that all homes at one time or another require maintenance,
and that this is known as a capital improvement.
Step 4. Notify your bank of your purchase address and details.
A pre-approval of finance from your bank or lending institution needs to be in place before
safely proceeding with your property purchase, however many banks will approve you in
principle yet may require a valuation. Don’t be alarmed if your bank or lending institution
requests a valuation by a registered valuer. This is normal practice of lending institutions,
which confirms the agreed sale price. If you are intending to buy at Auction, all the above
mentioned must be in place. Auction day is final. If you turn up to bid and you are the
highest bidder past the reserve price, (On market price) you are the instant owner awaiting
settlement of the property.
Step 5. Don’t forget to include stamp duty funds into your final numbers
Step 6. Meet with the agent and provide all details for sign off with the owner.
Once agreement on price, settlement conditions, etc has been reached with the vendor
the sale can proceed. An exchange of contracts is the only way to actually buy or sell real
estate. This is achieved by signing the contract of sale which is the processed by the agent
with all legal parties.
In Summary:
Preparation is the key. Understanding the steps of sale and have everything in place,
which is imperative to reaching property goals. Whether you are considering purchasing
this property or another in the near future in need of advice, feel free to contact myself or
any of our team with questions that you may have.
About our office
We are conveniently located at the Bradbury Village Shopping Centre right next door to
FoodWorks.
We have a large window display and our location means that we have a lot of people
walking past our office who are interested in selling, buying and leasing. We also have
ample free parking.
Notes