Federal Government Home Builder Deadline Extended

By Melissa Clarke  |  1 December 2020

The Federal Government has said it will allow applicants for the Federal HomeBuilder grant scheme a further three months, from March 2021 to June 2021, to commence construction.  This comes one month after the WA state government announced a six-month extension of the deadline for when construction can begin on new home builds, from June 2021 to December 2021, giving more people access to the $20,000 WA Building Bonus Grant.

The $25,000 government HomeBuilder grants are available for new home builds where the combined house and land value does not exceed $750,000. The grant is also available for renovations and knock-down rebuilds worth between $150,000 and $750,000, as long as the property’s existing value does not exceed $1.5 million. There are also income caps for the individual or couple applying.

WA Premier Mark McGowan said it was great to see the incentives boosting activity in the industry.

“The Building Bonus in particular has created a surge of activity and the benefits are flowing through to WA workers on building sites across the state,” he said.

Treasurer Ben Wyatt said “The latest figures for our Building Bonus and First Home Owner Grants and for Keystart loans demonstrate demand for building a home and buying an established home are at levels not seen in years”.

So far, the HomeBuilder extension has been well received by industry, with Master Builders Association of WA executive director John Gelavis calling the announcement great news for businesses throughout the sector.

Housing Industry Association executive director Cath Hart called the move ‘a common sense decision’ while also praising Mr McGowan’s support for a further extension HomeBuilder to align with the WA Building Bonus.

“This would mean that consumers have twelve months to start under both schemes and would reduce confusion among consumers and eliminate some of the pressure,” she said.

“HIA will continue making the case to the Federal Government on the need to align the start times for the schemes.”

With these new extensions in mind and land sales now 10 times greater than they were at the same time last year, what better time to find the perfect piece of land. Don’t delay, get in touch with us to find out how we can help you take the next step towards owning your own home.

Contact Andrew Mackenzie, our friendly Estate Sales Manager on 0419 904 790 or andrew@spatialproperty.com.au or visit our website www.spiresbaldivis.com.au

WA new home sales up 91% 

By Melissa Clarke | 1 October 2020 

According to the Housing Industry Association (HIA), Western Australia is leading the country in new home sales, up 91.1% in the first half of this year. 

The HIA’s latest New Home Sales report found WA’s new home sales figures had increased more than anywhere else in Australia over the past three months, as well as over the past six months. 

“The latest data shows a 175 per cent increase in WA’s new home sales over the three months since HomeBuilder and the Building Bonus were announced in early June,” HIA WA executive director Cath Hart said. 

“WA saw an initial spike of 211 per cent in new home sales in June which moderated in July to 17 per cent, before increasing by 11.4 per cent in August.” 

While the surge in new homes was welcomed by industry, Ms Hart said she was concerned consumers could miss out on their grants. 

“We’re going from an historic low to an historic high, and the grants require builders to commence work on-site quickly despite challenges in terms of titled land and labour,” Ms Hart said. 

“This spike of more than 175 per cent compared to the previous quarter has created challenges in securing titled land and labour given both building schemes were launched when WA was at a 20-year low in sales activity” 

The industry is now calling for the Government to extend timeframes to allow for land developers to be given until 30 June 2021 to title lots, as well as giving builders six months to commence after lots are titled. 

This is an important longer-term view ensuring a stable and sustainable pipeline of activity, plus the right mix of skills to deliver, as the state’s home building industry will eventually transition back to normalised averages. 

Government grants are still available to help buyers get into the market, with up to $69,440 available to those that qualify.  First Home Owner Grants of $10,000, the Federal Home Builder Grant of $25,000, Western Australian Building Bonus Grant of $20,000 as well as state Off-the-plan Duty Rebates.   

With this kind of assistance available, why wouldn’t you consider building your dream home? 

Touch base with us today to find out how we can help you take the next step towards owning your own home. 

Contact Andrew Mackenzie, our friendly Estate Sales Manager on 0419 904 790 or andrew@spatialproperty.com.au or visit our website www.spatialproperty.com.au

2 year high for new build lending

By Melissa Clarke | 15 September 2020

According to the Housing Industry Association (HIA) the number of loans to owner-occupiers for the purchase of residential land in WA increased 110% between July 2019 and July 2020.

These housing finance figures reveal lending across Australia for construction of a new home reaching the highest level recorded in 2 years, with finance approvals for the purchase of a block of land now 69.9% higher than in the same month last year.

HIA chief economist Tim Reardon said there had been a tangible improvement in sentiment and confidence in the housing market.

“Most significant, today ’s data shows that there has been a 30 per cent increase in the number of loans issued for the purchase of residential land for the second month in a row,” Mr Reardon said.

“This is the first indication of the impact of HomeBuilder. One of the early decision making stages of building a new home is the purchase of a suitable block of land.”

“The surge in land sales should see a recovery in the number of slabs being poured as early as the December quarter, as customers proceed through the process to design and construct a new home. This will protect employment in the residential building industry and across the economy into 2021.”

But with this surge in lending, there is a huge demand on available land to begin building before the end of the HomeBuilder grant in December 2020. The building and construction industry is calling on the federal government to extend its HomeBuilder grants program for another year to help the sector through the impact of the coronavirus.

Master Builders Australia (MBA) claims the scheme announced in June has been “the most effective government stimulus measure in a decade”.

MBA Chief Executive Denita Warn added “HomeBuilder should be extended for 12 months in the federal budget to help maintain a pipeline of work and be a lifeline for builders and tradies.”

“Our latest forecasts estimate that HomeBuilder is likely to boost new home building commencements by almost 10,000 during 2020-21” she said.

With this in mind, if you are ready to create the home of your dreams, there is no time to waste.

Touch base with us today to find out how we can help you take the next step towards owning your own home.

Contact Andrew Mackenzie, our friendly Estate Sales Manager on 0419 904 790 or andrew@spatialproperty.com.au or visit our website www.spatialproperty.com.au

 

Perth Market holding strong

By Melissa Clarke | 7 August 2020

Recent world news, COVID and other world events, can leave us feeling glum, but the good news is that the Perth market is holding strong and providing fantastic opportunities for new home buyers.

Urban Development Institute of Australia WA (UDIA WA) conducts extensive surveys of the major land developers in Perth to create land market data.  Their recent surveys found Perth achieved 3,322 new lot sales during the June 2020 quarter, the highest quarterly land sales on record since the institute started recording in the 1990’s.

UDIA WA chief executive Tanya Steinbeck said that “while demand has surged, average prices for new land have remained relatively steady at $226,400. Comparative to other capital cities in Australia, Perth remains an affordable and stable option for those looking to enter the market.”

UDIA WA’s survey found there were approximately 7,500 new lots either on the market or under construction, which is good news for buyers, given there has been an influx on demand for properties.

“The good news is there is still a decent level of supply either on the market or under construction to meet continued demand.” Ms Steinbeck said.

Now is the time to buy, with Government grants available to help home buyers get into the market, with up to $69,440 available to those that qualify.  First Home Owner Grants of $10,000, the Federal Home Builder Grant of $25,000, Western Australian Building Bonus Grant of $20,000 as well as state Off-the-plan Duty Rebates.

With this kind of assistance available, why wouldn’t you consider building your dream home?

Touch base with us today to find out how we can help you take the next step towards owning your own home.

Contact Andrew Mackenzie, our friendly Estate Sales Manager on 0419 904 790 or andrew@spatialproperty.com.au or visit our website www.spatialproperty.com.au

 

 

Land-grab as low rates attract new buyers

By Mackenzie Scott | 14thFeb 2020

The number of Australians buying land has risen steeply as buyers take advantage of affordability. 

Land sales rose 46 per cent in the six months to September across the country, according to the latest data from the Housing Institute of Australia and CoreLogic. The 10,563 lots sold during the period were a substantial turnaround from the March quarter, when sales were the lowest on record. 

The pick-up coincided with the turnaround in the housing market midway through last year, soaring more than 10 per cent in Sydney and Melbourne since June. But the fierce uptake has yet to have as much of an impact on land prices. 

However, CoreLogic’s Eliza Owen warned it may not be long until demand drives prices higher. 

“Demand for land and dwellings has rebounded strongly from June last year, which is also reflected in a 6.7 per cent rebound in national dwelling values over the past seven months,” she said. 

The rebound in the housing market, which has been primarily felt in east coast markets, follows a relaxation in lending standards and record low interest rates. 

The Morrison government’s first-home buyers lending scheme has proven a hit with market – entrants, with more than half of the 10,000 slots already filled.

With low rates attracting buyers, Andrew Mackenzie, Paramount Private Estate Sales Manager, says now’s the time to get into Baldivis, a great family friendly suburb.

Paramount is situated at the southern end of Baldivis Road, and rises westward towards the ocean.  From its elevated position on the ocean-side, Paramount is destined to become Baldivis’ premier land development, with stunning views over bushland and to the hills.

It’s easy to imagine living in a beautiful new home that’s surrounded by parks and natural bushland, only a short distance from great schools, shopping centres and all your amenities.  

Mr Mackenzie added “Paramount offers terrific value for money. Plus, homebuyers at Paramount will also receive a fencing and landscaping bonus, so they can get into their new homes quicker!”.

“A range of quick and easy transport options are also within easy reach, including trains, buses, freeway and bike path. And if it’s recreation you want, Paramount is a short drive away from fishing, swimming, boating, bushwalking and picnics at some of Western Australia’s most beautiful beaches.”

BUY NOW WHILE THESE GREAT SITES ARE AVAILABLE!

Paramount Private Estate Baldivis offers elevated, family-sized blocks with views with 480sqm lots available from $185,000! This is amazingly good value for larger sized lots.

Contact Andrew Mackenzie, our friendly Estate Sales Manager on 0419 904 790 or andrew@spatialproperty.com.au to find out more.

The 5 Best Things to do in Baldivis this school holidays

By Melissa Clarke | January 2020

“I’m bored…” are the words that every parent dreads over the school holidays. So, we have found some awesome activities right in the heart of the beautiful suburb of Baldivis to keep your kids off your back these school holidays.

Top Attractions in Baldivis

  1. Perth Aqua Park

Perth Aqua Park is a huge floating inflatable fun park. It has over 100 different interconnected obstacles. Race your friends down the 3-lane course; get launched from the jumping pillow or blast down the big slides. It’s fun for everyone

https://perthaquapark.com.au/

  1. Baldivis Children’s Forest

The Baldivis Children’s Forest has served the local community as a centre point for environmental education since 2000.  This 20 hectare public park is 50 km south of Perth and has been created and maintained as a bushland reserve by children since it began.  It now hosts multi-award winning educational and conservation programs as well as community events. The Forest has walk trails, information signs, an outdoor classroom, toilets, electric BBQ, picnic areas, amphitheatre and artwork.

https://www.baldivischildrensforest.org.au/

  1. Perth Wake Park

Perth Wake Park is the only cable wakeboard park in Western Australia. The park offers a range of features including a full size main cable, a beginner specific cable, a step up pool for advanced riders, a café, pro shop and hire shop. Riders of any level can come and enjoy the park.

https://perthwakepark.com.au/

  1. Delta Force Paintball Bonneys

Delta Force Paintball has over 25 years experience in providing a paintball day that is unrivalled – we can promise only the best in terms of professionality, customer service and emphasis on fun and safety.

https://www.deltaforcepaintball.com.au/

  1. XLR8 Obstacle Course

XLR8 Obstacle Course is Western Australia’s only purpose built permanent military style obstacle course.  Over this tight and challenging course, many challenging obstacles and muddy races are created for adults and juniors.  It’s the most intense and fun course which is guaranteed to put your body to the test, regardless of your fitness level.

http://www.baldivisfitness.com.au/assault-course/

With all this on offer in Baldivis, Andrew Mackenzie, Paramount Private Estate Sales Manager, says now’s the time to snap up a property in this great family friendly suburb.

Paramount is situated at the southern end of Baldivis Road, and rises westward towards the ocean.  From its elevated position on the ocean-side, Paramount is destined to become Baldivis’ premier land development, with stunning views over bushland and to the hills.

It’s easy to imagine living in a beautiful new home that’s surrounded by parks and natural bushland, only a short distance from great schools, shopping centres and all your amenities.

Mr Mackenzie added “Paramount offers terrific value for money. Plus, homebuyers at Paramount will also receive a fencing and landscaping bonus, so they can get into their new homes quicker!”.

“A range of quick and easy transport options are also within easy reach, including trains, buses, freeway and bike path. And if it’s recreation you want, Paramount is a short drive away from fishing, swimming, boating, bushwalking and picnics at some of Western Australia’s most beautiful beaches.”

BUY NOW WHILE THESE GREAT SITES ARE AVAILABLE!

Paramount Private Estate Baldivis offers elevated, family-sized blocks with views with 480sqm lots available from $185,000! This is amazingly good value for larger sized lots, which makes it easy to understand why they are getting snapped up!

Contact Andrew Mackenzie, our friendly Estate Sales Manager on 0419 904 790 or andrew@spatialproperty.com.auto find out more.

How much does Christmas affect the economy?

By Inspiring Interns | December 2019

When you think of Christmas, you probably think of presents, family, and food. It’s probably quite unlikely that economics comes to the forefront of your mind. But perhaps it should. One of the biggest business implications of Christmas is economic – put more specifically, the massive increase in spending. Generally, Christmas is thought of as very beneficial to the country’s economy. Here’s how Christmas affects the economy.

A boost in production
In the months leading up to Christmas, there’s a huge increase in the need for manufacture. This is particularly prevalent in the toy industry, where the vast majority of sales happen in the lead up to Christmas.  In fact, a lot of the toy industry’s product development and timing is based around the Christmas period in order to maximize profits.

Black Friday and Cyber Monday
Once purely an American tradition, Black Friday and Cyber Monday have been gaining globally in recent years. The Friday and Monday following American Thanksgiving now make up one of the biggest shopping weekends in the calendar. Not only do people spend a lot at this time in the lead up to Christmas, but it’s essentially the biggest weekend for discounts in retail, too.

Temporary work
Many retailers and food and drink establishments require more staff to deal with the busier period in the lead up to Christmas. This is predominantly true for larger companies, who need to take on an abundance of staff to deal with online orders in particular. This leads to an economic boost, with businesses increasing their profits and temporary workers finding themselves with a little extra cash to spend.

Spending increases
What’s uniquely interesting about the Christmas period is that spending increases in pretty much every industry. Food and drink, consumer goods and homewares, plus entertainment all get a Christmas boost. Even industries like cinemas and pubs can reap the benefits of our spend-happy culture during this period.

Lessened productivity
Those who work in an office job will likely recognize the slowing down of productivity as Christmas approaches. The abundance of events and parties, alongside the increase in distractions and decrease in motivation, can mean that non-consumer based businesses can find December a bit of a struggle.

Christmas Day
The actual day of Christmas is one of the least economically important days of the year – most people don’t shop at all on this day. In fact, the majority of big businesses aren’t even permitted by law to open on Christmas day. There is a slightly increasing trend for afternoon online shopping for those who want to get in on the January sales early.

Boxing Day sales
Contrary to some expectations, the period immediately after Christmas doesn’t reflect a prompt drop in spending. This can be mostly attributed to the Boxing Day and January sales. Although these sales have taken a slight hit thanks to the growth of Black Friday and Cyber Monday, they are still some of the premier shopping events in the UK & Australia. Many take them as an opportunity to spend their Christmas money, or as a sort of “last hurrah” in terms of holiday excess.

January cutbacks
Post-Christmas, the vast majority of people experience a bit of metaphorical belt-tightening. The excesses of Christmas are over, and pretty much everyone has overstretched themselves. January is one of the lowest periods in terms of spending, as everyone beings reigning themselves in following the Christmas hysteria.

This year, Andrew Mackenzie, Paramount Private Estate Sales Manager, is hoping to make your Christmas even more special, by providing you with the opportunity to snatch up some prime reality here in Baldivis, just a short drive from the ocean.

Paramount is situated at the southern end of Baldivis Road and rises westward towards the ocean.  From its elevated position on the ocean-side, Paramount is destined to become Baldivis’ premier land development, with stunning views over bushland and to the hills.

It’s easy to imagine living in a beautiful new home that’s surrounded by parks and natural bushland, only a short distance from great schools, shopping centres and all your amenities.

Mr Mackenzie added “Paramount offers terrific value for money. Plus, homebuyers at Paramount will also receive a fencing and landscaping bonus, so they can get into their new homes quicker!”.

“A range of quick and easy transport options are also within easy reach, including trains, buses, freeway and bike path. And if it’s recreation you want, Paramount is a short drive away from fishing, swimming, boating, bushwalking and picnics at some of Western Australia’s most beautiful beaches.”

BUY NOW WHILE THESE GREAT SITES ARE AVAILABLE!

Paramount Private Estate Baldivis offers elevated, family-sized blocks with views with 480sqm lots available from $185,000! This is amazingly good value for larger sized lots, which makes it easy to understand why they are getting snapped up!

Contact Andrew Mackenzie, our friendly Estate Sales Manager on 0419 904 790 or andrew@spatialproperty.com.auto find out more.

Perth reinstated as a regional city in a bid to boost population

By REIWA | 16 Nov 2019

According to the ABS, WA was the only state to record a negative net migration figure in 2016-17. Of the 13,384 people who came to WA, we lost 550 more to other states.

There is no doubt that the recent housing boom on the east coast was linked to an increase in population, placing a high demand on property prices. This is why the main lever to help boost WA’s economy is population growth.

Our state needs migrants to fill demand for housing, increase housing construction, create jobs and stimulate economic growth. We must encourage more people to come to WA and ensure those that migrate here, are here to stay.

With this in mind, it is pleasing to see as of the 16 November, the Federal Government will reinstate Perth’s status as a regional city which will align with Adelaide, Darwin and Hobart, and help to boost population growth in WA.

The program provides special visas to international skilled workers and students who move to regional areas of Australia. It is aimed at reducing the congestion in major cities such as Melbourne and Sydney by encouraging people towards regional areas.

Placing Perth on the RMS will help increase population growth, which leads to jobs and economic growth.

Andrew Mackenzie, Paramount Private Estate Sales Manager, is happy to hear about this announcement and looks forward to seeing the positive effect on the market.

Paramount is situated at the southern end of Baldivis Road, and rises westward towards the ocean.  From its elevated position on the ocean-side, Paramount is destined to become Baldivis’ premier land development, with stunning views over bushland and to the hills.

It’s easy to imagine living in a beautiful new home that’s surrounded by parks and natural bushland, only a short distance from great schools, shopping centres and all your amenities.

Mr Mackenzie added “Paramount offers terrific value for money. Plus, homebuyers at Paramount will also receive a fencing and landscaping bonus, so they can get into their new homes quicker!”.

“A range of quick and easy transport options are also within easy reach, including trains, buses, freeway and bike path. And if it’s recreation you want, Paramount is a short drive away from fishing, swimming, boating, bushwalking and picnics at some of Western Australia’s most beautiful beaches.”

BUY NOW WHILE THESE GREAT SITES ARE AVAILABLE!

 Paramount Private Estate Baldivis offers elevated, family-sized blocks with views with 480sqm lots available from $185,000! This is amazingly good value for larger sized lots, which makes it easy to understand why they are getting snapped up!

Contact Andrew Mackenzie, our friendly Estate Sales Manager on 0419 904 790 or andrew@spatialproperty.com.auto find out more.

House prices set to boost following RBA’s interest rate cut

By Richard Holden | 4 Oct 2019

With the Reserve Bank of Australia cutting official rates to 0.75 per cent on Tuesday, there has been a wave of commentary about the move boosting housing prices.

There are two parts to assessing this claim. First, do rate cuts drive up property prices? Second, is that all they do?

Do rate cuts drive up property prices?

Economists have a precise answer to this question, and a more practical one.

The precise answer is that all assets — stocks, bonds, property, stamps, vintage baseball cards, you name it — can be priced using what is known as the Stochastic Discount Factor (SDF).

This says that in pricing an asset you should factor in all the future cash flows the asset will generate (rent or dividends or capital gains) and then translate those returns into today’s money, adjusting for the riskiness of those cash flows.

An easier way to think about how rate cuts might affect property prices — consistent with the asset-pricing approach — goes like this.

People look at how much money they can borrow based on what they can afford to pay back. An interest rate cut boosts their borrowing power.

Even though the major banks have only passed on about half of the Reserve Bank’s latest cut (owner-occupied mortgage rates have been cut by 13-15 basis points), that’s enough to give a household with an income of $150,000 about another $12,000 to $14,000 in borrowing power.

They thus spend more and, because there is a limited supply of properties, this pushes prices up. So, yes, lower interest rates do tend to boost property prices.

Is that all rate cuts do?

Boosting property prices is not all that rate cuts do.  Higher prices for new dwellings help developers. They often lead to an increase in construction jobs as developers anticipate better conditions for selling properties.

New property construction has a number of other effects, too, such as changing the average quality of the rental stock and spurring more retail spending (because those new homes need to be furnished).

Perhaps even more important is the pseudo-psychological effect of existing homeowners feeling wealthier when house prices go up. This can lead to increased consumer spending — and this can have a big economic effect, given consumer spending accounts for about 60 per cent of GDP.

This “wealth effect” is part of the reason why federal treasurer Josh Frydenberg is happy to see property prices again on the rise.

Andrew Mackenzie, Paramount Private Estate Sales Manager, is happy to see the positive signs in the market.

“Paramount offers terrific value for money. Plus, homebuyers at Paramount will also receive a fencing and landscaping bonus, so they can get into their new homes quicker!”

Paramount is situated at the southern end of Baldivis Road, and rises westward towards the ocean.  From its elevated position on the ocean-side, Paramount is destined to become Baldivis’ premier land development, with stunning views over bushland and to the hills.

It’s easy to imagine living in a beautiful new home that’s surrounded by parks and natural bushland, only a short distance from great schools, shopping centres and all your amenities.

A range of quick and easy transport options are also within easy reach, including trains, buses, freeway and bike path. And if it’s recreation you want, Paramount is a short drive away from fishing, swimming, boating, bushwalking and picnics at some of Western Australia’s most beautiful beaches.

BUY NOW BEFORE THE MARKET BOUNCES BACK!

Paramount Private Estate Baldivis offers elevated, family-sized blocks with views with 480sqm lots available from $185,000! This is an amazingly good value for larger sized lots, it’s no wonder we’re selling so many!

Contact Andrew Mackenzie, our friendly Estate Sales Manager on 0419 904 790 or andrew@spatialproperty.com.aubefore they’re all sold out!

‘Now’s the time to buy’: Demand for lending bounces back as market recovers

By Ellen Lutton | 9 Sept 2019

Buyers are being urged to make the most of property prices, with September ABS figures showing a strong uptick in new lending.

Data from the Australian Bureau of Statistics released in early September showed total lending to Australian households for dwelling purchases (those excluding refinancing) rose 5.1 per cent over the month of July – the highest month-on-month jump in over five years.

The last time mortgage lending grew by that much was in September 2013, which was also around the time when property prices began a strong upward momentum, said Domain research analyst Eliza Owen.

“As we expected, the finance space is back,” Ms Owen said. “What these lending figures show us is how much the finance space has changed off the back of the re-election of a Coalition government, and successive cash rate cuts.”

 

 

The strong increase in home loans was the strongest leading indicator yet that a recovery was underway, said Maree Kilroy, economist for BIS Oxford Economics.

“The appetite for residential property has increased, which is what we expected,” she said. “We’ve had all these changes that were designed to encourage housing demand, and they have.

“The churn has been initiated, these changes don’t work in isolation, they work together, so that’s why we’re seeing the lending numbers have increased so strongly.”

Real estate agents across the capital cities reported buyers were back in the market literally the day after the federal election result came in.

Miriam Sandkuhler, chief executive and buyers’ advocate at Property Mavens, said property buyers should note that investors and homebuyers were back in the market “in a big way”.

“We are going to see some strong auction results ahead of us. Short supply of good quality and affordable stock could result in a mini-boom if more vendors sit tight and watch the market, rather than list their properties for sale,” she said.

Keiran Whaley, director at Jellis Craig Ivanhoe, said: “From a buyer’s perspective, there is no better time to buy, because prices are still 10 to 15 per cent off their peak.”

“The bounce-back has been amazing and I’d say very similar to what happened after the GFC, in that it [the market] was off one week, and on the next.  If we get the listings coming into the spring selling season, things could definitely pick up substantially.”

Andrew Mackenzie, Estate Sales Manager at Paramount Private Estate Baldivis, said he too was positive about the market with strong sales in the first stage at Paramount.

Mr Mackenzie also said, “Paramount has something to suit all buyers with prices starting at $156,000”.

 

 

 

Paramount is situated at the southern end of Baldivis Road, and rises westward towards the ocean.  From its elevated position on the ocean-side, Paramount is destined to become Baldivis’ premier land development, with stunning views over bushland and to the hills.

It’s easy to imagine living in a beautiful new home that’s surrounded by parks and natural bushland, only a short distance from great schools, shopping centres and all your amenities.

A range of quick and easy transport options are also within easy reach, including trains, buses, freeway and bike path. And if it’s recreation you want, Paramount is a short drive away from fishing, swimming, boating, bushwalking and picnics at some of Western Australia’s most beautiful beaches.

 

BUY NOW WHILE LAND IS STILL AVAILABLE!

Paramount Private Estate Baldivis offers premium lots from 375sqm through to 544sqm, from as little as $156,000!

Come and check out our huge range of block sizes, including sought after larger lots.  Plus, the views at Paramount are terrific too!  The best in Baldivis!!

 

Contact Andrew Mackenzie, our friendly Estate Sales Manager on 0419 904 790 or andrew@spatialproperty.com.au before they’re all sold out!

 

Housing market to stabilise?

By Ericka Pingol | 29 Aug 2019

The much-anticipated stabilisation of new homes in the Western Australian property market is on the horizon, according to the Housing Industry Association (HIA).

Evidence indicates that the market is heading towards the supply of new homes meeting—rather than exceeding—demographic growth requirements.

The easing of market conditions had given rise to a situation where monetary and fiscal stimulus is possible without fear of overheating house prices, according to the association’s chief economist, Tim Reardon.

“If economic activity improves, the credit squeeze dissipates, home prices stabilise, and the recent stimulus measures take hold, the supply of new work into the pipeline will soon reach its low point. All indications are that this stabilisation will occur and prevent a more significant downturn,” Reardon said.

The HIA sees demand for new detached homes holding up with only a 9% contraction in starts over the year.

The apparent resilience is due to the lag between the sale and commencement of housing constructions, giving the impression that contemporary market conditions are stronger than is the case.

Meanwhile, the unit market continues to contract rapidly, with starts now 41.8% lower than last year. A further 12% decline is predicted for 2019-2020, before a gradual improvement in 2021-2022.

Despite the continued decline of apartments under construction, there is a silver lining in the form of a “convergence of conditions” within the building industry, according to Reardon.

“We no longer have a boom in east-coast capital cities and stagnating markets elsewhere. Interest rates, income taxes and lending restrictions have all been eased in an effort to support activity and economic growth. State and Australian government investment(s) in infrastructure are also important to support labour market growth. These measures are now supporting activity in housing markets across the economy,” he said.

Andrew Mackenzie, Estate Sales Manager at Paramount Private Estate Baldivis said, “we too are seeing positive signs in the market, with sales to date being much stronger than anticipated.”

Mr. Mackenzie also said, “Paramount represents amazing value for homebuyers.  At $172,000 for bigger, elevated 450sqm blocks and views to the hills, Paramount offered terrific value for money. Plus, homebuyers at Paramount will also receive a fencing and landscaping bonus, so they can get into their new homes quicker!”

 

Paramount is situated at the southern end of Baldivis Road, and rises westward towards the ocean.  From its elevated position on the ocean-side, Paramount is destined to become Baldivis’ premier land development, with stunning views over bushland and to the hills.

It’s easy to imagine living in a beautiful new home that’s surrounded by parks and natural bushland, only a short distance from great schools, shopping centres and all your amenities.

A range of quick and easy transport options are also within easy reach, including trains, buses, freeway and bike path. And if it’s recreation you want, Paramount is a short drive away from fishing, swimming, boating, bushwalking and picnics at some of Western Australia’s most beautiful beaches.

BUY NOW BEFORE THE MARKET BOUNCES BACK!

Paramount Private Estate Baldivis offers 450sqm premium, elevated, family-sized blocks with views starting from as little as $172,000! This is an amazingly good value for larger sized lots, it’s no wonder why we’re selling so many!

Contact Andrew Mackenzie, our friendly Estate Sales Manager on 0419 904 790 or andrew@spatialproperty.com.au before they’re all sold out!

Homebuyers can now borrow more! — Michael Roddan | July 2019

Tens of thousands of prospective home buyers are set to flood the housing market after financial regulators removed the shackles from lenders, allowing borrowers to super-size their loans.

Under the shake-up — unveiled yesterday by the Australian Prudential Regulation Authority (APRA) — borrowers will be able to access mortgages 14 per cent larger in a move experts say will reignite the housing boom.

UBS economist Carlos Cacho said households on an income of $200,000 a year could boost their loans by an extra $150,000 to $1.25 million if they gained a leading market interest rate.

Mr Cacho said for households on a combined income of $125,000 a year, maximum loan sizes would jump by $90,000 to $765,000 while the typical household, on a combined income of $85,000, would be able to secure an extra $30,000 in their loans.

Under the new rules, lenders will be free to offer bigger loans to borrowers who previously couldn’t clear a hurdle requiring them to manage mortgage repayments, if interest rates were to rise above a hypothetical minimum of 7 per cent. As part of the new “go easy” attitude to financial regulation, the banking sector will have the freedom to set their own interest rate floor to assess customers.

The new floor will be set at 2.5 per cent above the banks’ standard variable rates, a move that will help funnel customers into larger loans.

Josh Frydenberg said the overhaul would allow borrowers to establish a foothold in the property market and welcomed the decision from APRA to adjust its guidelines on home loan applications.

“APRA’s changes will make it easier for home buyers to obtain a loan by lowering the minimum interest rate against which applicants must be assessed.  This is further good news for home buyers and the property market.”

Cameron Kusher, an analyst at real estate research firm Core­Logic, said borrowing was “going to become a little more accessible”, although banks would remain cautious about lending to risky customers.

Property developers said APRA’s decision was sensible and would help lift construction and create jobs.

Master Builders Australia chief economist Shane Garrett said the restrictions were “one of the factors” that sparked falls in house prices. Dumping the requirement was “great news at a time when the potential exists for a recovery in new home building”, he said.

Property Council of Australia chief executive Ken Morrison said the measure was put in place at a time when house prices were booming.

“This is a sensible decision that reflects the reality of the current interest rate environment and housing market conditions,” he said.

The rate cuts are expected to add a jolt of confidence to the property market, which has been buoyed by the surprise Coalition victory. The passage of Scott Morrison’s personal income tax cuts this week is also expected to boost consumer spending and help revive the economy.

The Prime Minister has proposed a string of measures to encourage banks to lend more vigorously, including interventions to help bring down interest rates for small business borrowers, fewer restrictions on property investors, and a first-home buyers’ scheme that will help a small number of borrowers access loans.

Andrew Mackenzie, Estate Sales Manager at Paramount Private Estate Baldivis, said the news was a great result for homebuyers.

“We have already seen a pick-up in the market since the federal election, which has been great for interest in Paramount.  And now with interest rates dropping again for the second time this year, tax relief for middle income earners and this announcement by APRA, we should see even more positive sentiment flowing through.”

Mr Mackenzie went on to say, “the first land release at Paramount represents amazing value for homebuyers.  At $172,000 for bigger, elevated 450sqm blocks and views to the hills, pricing is not only very competitive, but it also offered terrific value for money. Plus, on top of the excellent pricing, Paramount will also provide homebuyers with fencing and landscaping bonuses, so they can get into their new homes quicker!”

 

Paramount is situated at the southern end of Baldivis Road, and rises westward towards the ocean.  From its elevated position on the ocean-side, Paramount is destined to become Baldivis’ premier land development, with stunning views over bushland and to the hills.

It’s easy to imagine living in a beautiful new home that’s surrounded by parks and natural bushland, only a short distance from great schools, shopping centres and all your amenities.  

A range of quick and easy transport options are also within easy reach, including trains, buses, freeway and bike path. And if it’s recreation you want, Paramount is a short drive away from fishing, swimming, boating, bushwalking and picnics at some of Western Australia’s most beautiful beaches.

THE BEST TIME TO BUY IS NOW BEFORE PRICE RISES NEXT YEAR OR SOONER!

Paramount Private Estate Baldivis offers 450sqm premium, elevated, family-sized blocks with views starting from as little as $172,000!  This is amazingly affordable, no wonder we’ve now sold over 25% of Stage 1!

Contact Andrew Mackenzie, our friendly Estate Sales Manager on 0419 904 790 or andrew@spatialproperty.com.au before they’re all sold out!

Budget to Boost Housing Affordability

Treasurer Josh Frydenberg’s budget has been welcomed by the building and construction sector, with the Housing Industry Association saying, “its new initiatives will have a positive effect on housing affordability”, and the Master Builders Association saying, “it will promote economic growth.”

HIA chief economist Tim Reardon said “income tax cuts would provide a significant boost to housing affordability, combining with modest wage growth to increase households’ disposable income.”

“The combined impact will boost household consumption faster than an interest rate cut and assist in offsetting the credit squeeze,” he said.

“The improved fiscal outlook presented in the budget and these new measures should improve confidence among consumers when making home building and renovating decisions.”

Mr Reardon said the federal government’s increase in infrastructure spending would also play an important role in providing employment opportunities as the new home constructions sector cooled across the country.

“The increased incentives in training apprenticeships are significant and necessary as the industry has faced significant skills shortages over the past decade,” he said.

“These incentives more than double the existing federal government incentives over the term of an apprenticeship.”

The Master Builders Association backed the budget’s focus on small business, skills and infrastructure.

MBA national chief executive Denita Wawn said, “the government’s commitment to return the budget to surplus would boost confidence that the national economy was back on track, and provide builders with the incentive to invest, create jobs and hire more workers.”

“Master Builders welcomes the government’s announcements on new investment in skills, infrastructure and small business because they are targeted at what’s needed to strengthen the economy,” she said.

“The government deserves credit for heeding Master Builders’ call for the instant asset tax write-off scheme to be increased and expanded.

“Thousands of small business builders in communities around the country will benefit from the increase to $30,000, but more importantly the significant expansion of the eligibility threshold to $50 million annual turnovers.”

However, Ms Wawn said, “the MBA was nonetheless concerned about the government’s forecasts of a 7 per cent decline in housing investment across Australia.”

“This reinforces the need to ensure that all housing investment incentives remain intact,” she said.

CoreLogic head of research Tim Lawless said: “while Mr Frydenberg reiterated that housing affordability was a key priority for the government, there was very little in the budget directly focused on the sector.”

“It looks like the government is content to see housing affordability improve organically via lower housing prices that could act as a contagion to weaker household consumption and a sharper than expected fall in residential construction,” Mr Lawless said.

“While this may seem a bit passive, it’s clear housing affordability has improved substantially since the last budget due to lower housing values in the most expensive cities as well as the lowest mortgage rates since the 1960s and a subtle rise in incomes.”

Dan Wilkie – Business News

Andrew Mackenzie, Estate Sales Manager at Paramount Private Estate Baldivis said, “I’m very excited by this latest budget. The property sector in WA has been hit hard by the downturn and both families and businesses have been doing it tough.”

“By keeping interest rates the lowest they have ever been, reducing income and company tax, increasing the instant asset write-off to $30k for small business and funding more apprentices, we should see this trickle-down into the local, WA economy because of everyone benefits.”

“Plus, with property prices in Perth being the lowest they have been for a while, now’s the perfect time to buy. Buyers should head down to Paramount Private Estate and have a look at what’s on offer – Bigger, elevated blocks with views to the hills and very close to schools, shops, amenities, recreation and transport.”

 

 

 

 

 

 

Paramount is situated at the southern end of Baldivis Road and rises westward towards the ocean. From its elevated position on the ocean-side, Paramount is destined to become Baldivis’ premier land development, with stunning views over bushland and to the hills.

It’s easy to imagine living in a beautiful new home that’s surrounded by parks and natural bushland, only a short distance from great schools, shopping centres and all your amenities.

A range of quick and easy transport options are also within easy reach, including trains, buses, freeway and bike path. And if it’s recreation you want, Paramount is a short drive away from fishing, swimming, boating, bushwalking and picnics at some of Western Australia’s most beautiful beaches.

Don’t miss out – 25% ALREADY SOLD! This first release from Paramount Private Estate Baldivis is selling quickly!

For more information please contact our friendly Estate Sales Manager, Andrew Mackenzie on (08) 6555 2060 or andrew@spatialproperty.com.au.

Kangaroos at Baldivis Estate Media Statement

Spatial Property Group (the Company; or Spatial) appreciates the matter of culling a ‘mob’ of kangaroos at its Paramount Estate in Baldivisi’s a sensitive issue for many people.

As an Australian company that’s based in Perth for many years, our people have grown up enjoying the outdoor lifestyle, from swimming at the beach in summer, to bushwalking and exploring many of our wonderful natural landscapes.

We absolutely understand the importance the kangaroo has in our culture and its proud heritage that is unique only to Australia.

Therefore this is not a statement to convince people against changing their beliefs, rather it’s structured to help educate people about the thorough process and work that have been undertaken to reach this environmental decision.

Timeline of key facts and milestones

1. In 2010 Spatial Property Group was appointed to manage the development of approximately 90ha of land in Baldivis about 40km south of Perth CBD

2. The land was historically a family farm that has reared a variety of animals from pigs, to chickens, cattle and even ostriches – it has always been privately owned

3. As part of the development process, a Fauna Management Plan (FMP) was required to ensure the integrity of the fauna would be reasonably maintained during construction

4. Since the project commenced a mob of approximately 100 kangaroos have moved to site due to development of the surrounding land as they were pushed off those properties

5. The FMP included a component to manage the kangaroos on site that they either be moved on or removed entirely to ensure the safety of workers and future residents

6. In early 2017, the original FMP was successfully completed and lodged with the relevant authorities, then Department of Environment and the City of Rockingham (CoR) to commenced stage-1 development

7. In the FMP the method agreed to manage the kangaroos was to slowly clear them by pushing them to the Baldivis Tramway nature corridor adjacent to the site to use as a migration corridor

8. However, during the stage-1 development we were advised by the CoR that they were no longer happy with the approach outlined in the FMP and they would not allow this to occur for any further stages of the development

9. We believe this decision may be as a result of one of the remaining kangaroos being hit by a car on the nearby Baldivis Road and causing a motor vehicle accident– after a meeting with CoR we were asked to address the situation and complied by erecting a temporary fence

The fence has ensured the kangaroos have remained on the site

-Almost 12 months later in early 2018, we agreed to produce an updated version of the FMP and therefore commissioned the expertise of kangaroo management, Perth-based Doctor Graham Thompson of Terrestrial Ecosystems

-Doctor Thompson is considered the preeminent and best Kangaroo management person in the State, he analysed the situation and produced a new recommendation on managing the kangaroos effectively in the updated FMP

-The recommendation was conducted in direct consultation with the approving authority the Department of Biodiversity, Conservation and Attraction(DBCA)

-Collectively, all parties agreed the most effective method would be to cull the kangaroos, as the ‘push them on’ or ‘dart and relocate’ scenarios both had several problems with conflicting territories, critical resource availability and low survival rates of the relocated animals

-The new recommendation was drafted and included in anupdated version of the FMP and was submitted and approved by the relevant authorities in October 2018

-To date the cull is yet to be carried out as the advice recommends the animals are put under duress in the hotter months of summer.

Conclusion

We understand the CoR and local community groups are seeking to have the animals relocated, however this defies independent and expert advice, in particular the detailed and rigorous process that has been adhered to and sanctioned by the government departments.

The advice received is that kangaroos that are darted, sedated and relocated, are likely to die a slow death due to starvation or to be easily predated upon by foxes, wild dogs, other kangaroo mobs, or to be killed on roads and tracks.

New parks and playgrounds make Baldivis even more perfect for families

Baldivis is already well renowned for the quality and quantity of its new parks and playgrounds.

There are so many to choose from, which means your kids should never get bored… we wish!

You can find out where most of these beautiful parks and playgrounds are located by visiting:

Even better, Baldivis has just seen the opening of four new parks and playgrounds.

This is great news for everyone living or looking to live in Baldivis because it will not only bring families closer together but help them better connect with their local neighbourhood.

Plus, with school holidays on until the first week of Feb, these four new parks will give you and your kids plenty more to do to pass away the time and have lots of fun while doing it!

These stunning new parks and playgrounds include:

Perth Aqua Park

Perth Aqua Park is a huge floating inflatable fun park. It has over 100 different interconnected obstacles.

Race your friends down the 3-lane course; get launched from the jumping pillow or blast down the big slides.

It’s fun for everyone; kids or adults, sporting teams looking for fun and fitness, corporate groups seeking a team building activity or end of year function idea, or anyone looking for some fun as an individual or with a group.

Visit https://perthaquapark.com.au/ to find out more.

Perth Wake Park

Perth Wake Park is the only cable wakeboard park in Western Australia.

The park offers a full-size main cable, a beginner specific cable, a step-up pool for advanced riders, a café, pro shop and hire shop.

Riders of any level can enjoy the park. They have lessons and introduction sessions on their specific beginner system and the main lake filled with obstacles for the advanced riders to enjoy.

With a large veranda overlooking the main lake and a beach to relax on, Perth Wake Park is a great place to hang out and watch friends and family ride.

Entry into the park is also free for spectators.

Visit https://perthwakepark.com.au/ to find out more.

Monster’s World Adventure Park

Monster’s World Adventure Park is a new, $1 million adventure park that has just opened in Baldivis.

The park features a ‘monster’s world’ with timber play equipment, including balance logs and steppers, stone boulders, timber climbing stacks and musical play equipment such as thongophone and log chimes.

There is a monster’s nest with an 8m-high climbing tower, a crossing rope bridge, a 9m slide and ascending structures through the dry creek bed to create a mystical and mysterious playground.

Monster’s World Adventure Park can be found here.

Steamrail Adventure Playground

A new $1m train-inspired park has opened in Baldivis.

The park on Heartwood Boulevard features two flying foxes, swings and a 12m slide, as well as a life-size train.

Children playing at the park will be transported back to an era of steam trains, which is a celebration of Baldivis’ rich heritage with trains and timber milling.

Other features include a tall tower reminiscent of an old steam train water stop tower, plus and a large train climbing structure.

Picnic facilities, shade structures and large trees overlooking the central play space will provide enjoyment to children of all ages and abilities for hours on end.

Steamrail Adventure Playground can be found here.

In the last ten years, the population of Baldivis has exploded. From a quiet suburb south of Perth to a new thriving community with so much to offer!

Baldivis is a semi-rural suburb and is fast becoming a hub for families, as more people choose to make Baldivis their home, and it’s not hard to see why!

Being only 15 minutes to gorgeous Safety Bay and Secret Harbour beaches, a short drive or bus ride to the Warnbro train station and less than an hour to Perth CBD, Baldivis is the perfect location for those wanting a quieter lifestyle while still being close to the action. It is a great spot for families, as there is a huge choice of landscaped parks, playgrounds and other fantastic features. There is a Tramway that runs through the suburb that is now a protected nature reserve and Baldivis Children’s Forest is a great spot to take the kids and learn about conservation while getting out into nature.

If you have just moved to the area and you want to meet new people and become a part of the community, you can head along to Daintree Park and join in a FREE group fitness class “Live Life Get Active!” What better way to meet your neighbours, create a social network and add the side benefit of getting fit!

Paramount is situated at the southern end of Baldivis Road, and rises westward towards the ocean.  From its elevated position on the ocean-side, Paramount is destined to become Baldivis’ premier land development, with stunning views over bushland and to the hills.

It’s easy to imagine living in a beautiful new home that’s surrounded by parks and natural bushland, only a short distance from great schools, shopping centres and all your amenities.

A range of quick and easy transport options are also within easy reach, including trains, buses, freeway and bike path.

And if it’s recreation you want, Paramount is a short drive away from fishing, swimming, boating, bushwalking and picnics at some of Western Australia’s most beautiful beaches.

Paramount Private Estate Baldivis will have its own set of parks, playgrounds and recreation facilities within the next few years, but in the interim, you can enjoy all Baldivis has to offer within a few minutes’ drive.

Don’t miss out on this first release from Paramount Private Estate Baldivis! For more information please contact our friendly Estate Sales Manager, Andrew Mackenzie on (08) 6555 2060 or andrew@spatialproperty.com.au .

PREMIER Mark McGowan has this message for West Australians: buy a house now because the good times are coming back.

House price rise is on the cards says WA Premier Mark McGowan, as economy and confidence keeps improving.

Mr McGowan tipped a turnaround in the long-declining property market and a jolt to stagnant wages would follow hot on the heels of renewed business investment.

“It is actually a good time to buy (a house),” he said.  I would encourage people. Prices are low, yet economic activity is picking up and so that will inevitably be followed by (demand for) housing.

Exactly one year after The Sunday Times heralded early signs of life for WA’s stagnant economy, the results are in — and they are conclusive.

Data released on Friday showed the State’s domestic economy expanded 1.1 per cent in 2017-18, a remarkable turnaround after plummeting 7.1 per cent in 2016-17 and four consecutive years of decline.

Nearly every month this year has brought news of renewed activity in the mining sector.

Rio Tinto, Fortescue Metals Group and BHP have all announced new workforce-hungry iron ore projects and the State now boasts seven lithium mines, with a second $1 billion lithium processing plant on the way near Bunbury.

Mr McGowan said he had not felt more confident about WA’s economic prospects since sweeping to power early last year.

READ MORE

The best views in Baldivis are ready and waiting for you

Paramount Private Estate Baldivis is finally ready and waiting for you to visit!

You will enjoy some of the best views in Baldivis with fantastic bush and hill aspects from these perfectly located and elevated lots.

Andrew Mackenzie, Estate Sales Manager at Paramount recently spent the day with photographer, blogger and social media expert, Kira DeSpain viewing, enjoying and photographing the newly released and elevated Stage 1 blocks.

He said that, “Until recently, it was quite difficult to access these superb lots at Paramount.  However, construction is now finished, and access is very easy.”

Andrew went on to say, “Spending the morning at Paramount made me appreciate even more just how amazing the land here is. It will be hard to find a better value block with these types of views anywhere else in the suburb.”

He also said that, “Pricing at Paramount is very sharp.  With the blocks being larger and elevated with views, it’s no wonder we’ve had such strong interest.”

Kira DeSpain, who was engaged by Paramount to take photos and videos of Paramount said, “I’ve not spent much time in Baldivis, but after driving around the suburb with Andrew, I found the blocks at Paramount to be the nicest.

Not only were they elevated, but you could see how well the entire estate was planned around the elevation to ensure the views of the hills and bush were maximised.”

Paramount is situated at the southern end of Baldivis Road, and rises westward towards the ocean.  From its elevated position on the ocean-side, Paramount is destined to become Baldivis’ premier land development, with stunning views over bushland and to the hills.

It’s easy to imagine living in a beautiful new home that’s surrounded by parks and natural bushland, only a short distance from great schools, shopping centres and all your amenities.

A range of quick and easy transport options are also within easy reach, including trains, buses, freeway and bike path. And if it’s recreation you want, Paramount is a short drive away from fishing, swimming, boating, bushwalking and picnics at some of Western Australia’s most beautiful beaches.

Don’t miss out on this first release from Paramount Private Estate Baldivis! For more information please contact our friendly Estate Sales Manager, Andrew Mackenzie on (08) 6555 2060 or andrew@spatialproperty.com.au .

$56million Baldivis District Sporting Complex Announced

Paramount baldivis is one of Perth’s fastest growing suburbs, and with further growth forecast in the area, it’s essential that the infrastructure can deliver sport and recreation facilities to the local community.

Artist impression of the Baldivis District Sporting Complex

With a larger percentage of young families and children than the rest of the metro area, the demand for sustainable sporting and recreation opportunities is essential for health and social development for those living in Baldivis.

The Baldivis District Sporting Complex will cater to a large number of community sports, providing a mix of indoor and outdoor facilities including nature play and youth recreation opportunities.

It will be able to adapt to participation trends and will engender community pride and health and wellbeing benefits.

How will the $56million be spent?
  • • Active Reserves – $21m
    Four ovals and new junior and senior sports pavilions
  • • Outdoor Sports Centre – $8m
    Development of a range of hard courts and associated infrastructure
  • • Indoor Sports Complex – $18m
    Development of a range of indoor sports and recreation facilities
  • • Youth Recreation and Fitness Space – $2m
    Dedicated facility for young people and the community to recreate and keep fit
  • • Specialised Centre* – $8m
    Development of cycling track and pavilion
    * Note: The development of a specialised centre for cycling is shown within the City’s 2017-2027 Community Infrastructure Plan as a final stage of the Baldivis District Sporting Complex project.

Located only 6km from Paramount Private Estate Baldivis.

The new Baldivis District Sporting Complex will be located at the corner of Eighty Road and Kendall Boulevarde, Baldivis.

There will be three entry points, with the main entry being via a new roundabout that will be built at Kendall Boulevard and the other two being slip roads into the complex.

Paramount residents will be a short 7min drive from the new Baldivis District Sporting Complex, or they can take the 564, 566 or 567 bus.

How will the project benefit the community?

The district level sporting and recreation reserve will service residents of Baldivis (north and south) and will provide for district and regional level competitions for the Rockingham population in general.

Estimated jobs will the project create:

  • • Construction phase (stage 1) – 744 jobs
  • • Overall project – 2,000 jobs
  • • Ongoing:  30-50 ongoing full and part-time jobs

When will the project be delivered?

The new Baldivis District Sporting Complex will be delivered in a few stages from 2021/22, with the 2022/23 financial year being the year that every stage officially opens to the public.

This means if you purchase land at Paramount in the next year or so, you will be perfectly placed to take advantage of this fantastic new facility.

Where and when can I hear more about the new Baldivis District Sporting Complex?

If you are interested, there will be a community presentation and information/Q&A session of the master plan on:

  • • Tuesday, 16 October, 6.30-7.30pm at Mary Davies Library and Community Centre, Baldivis.
  • • Registrations for this information session are essential on (08) 9528 0333 or customer@rockingham.wa.gov.au

Additionally, you can provide comments on the Share Your Thoughts page until Wednesday 31 October rockingham.wa.gov.au/Our-city/Share-your-thoughts

To see the full draft master plan, please click here.

For more information about Paramount Private Esate Baldivis please visit https://paramountbaldivis.com.au/

Or contact Andrew Mackenzie on 0419 904 790 or email him at andrew@spatialproperty.com.au

Paramount Private Estate Baldivis — Construction Update October

Exciting news, the civil construction work is almost complete for Stage 1.

All the limestone retaining walls are now installed, structures are going up and the blocks are now defined. Some more good news!  Those interested in the home sites will be able to have access to the site in mid-October.

You can see from our updated drone footage how work is coming along as well as how the Paramount Private Estate is set up in the middle of a beautiful area that is easily assessable by the road. This is truly an impressive feat in creating these home sites while keeping to the highest levels of sustainable practices.  As part of our approach to sustainable development, we create home sites, services and spaces that are a natural reflection of their environment.

There are the various home site sizes available that will work with your choice of an apartment, villa, townhouse or house. In the near future, you will be able to either purchase a home site or speak with one of our builders and work with them to help create your new home.

As part of the construction process, Spatial Property Group and their partner Wormall Civil are undertaking a massive earthmoving program to develop the site.  In excess of 300,000m3 of sand is being transported locally with the approval and help from authorities such as City of Rockingham, Main Roads WA and Department of Transport to ensure the infrastructure being used will have little or no impact on the local Baldivis community and its surrounding environment.

Living in a beautiful new home surrounded by parks and natural bushland, a short distance from great schools, shopping centres, all your amenities, and a range of quick and easy transport options is Paramount. As is fishing, swimming, boating, bushwalking and picnics at some of Western Australia’s most beautiful beaches, only a short drive away from where you’ll be living.

Don’t miss out on this first release from Paramount Private Estate Baldivis! For more information please contact our friendly Estate Sales Manager, Andrew Mackenzie on (08) 6555 2060 or andrew@spatialproperty.com.au.

 

Paramount Private Estate Baldivis – Construction Update July 13, 2018

Stage 1 Coming Soon

The long-awaited Stage 1 release of Paramount Private Estate Baldivis is almost here.

This first release from #Baldivis newest estate will feature 42 lots, ranging in size from 370sqm – 559sqm.

There will be something for everyone with a wide range of configurations, prices and sizes to suit everything from a big, #family #home with generous back yard to compact, low-maintenance lots ideal for those looking to #downsize or #firsthomebuyers wanting to get established in the #property market.

In the future you will see modern #townhouses, #apartments, an integrated #retirement village, a local #shopping centre and primary #school.  Stage 1 will be located just a stone’s throw away from a future #park and a short walk from 4ha of proposed future playing fields.  #ParamountBaldivis is perfectly positioned to enjoy the #outdoors, plus there’s a range of #shops, #entertainment options and #restaurants on your doorstep, all ready and waiting for you.

And if you have a few spare minutes, watch our most recent #drone video showing an amazing #engineering feat currently underway at #ParamountEstate #Baldivis.  We’ll be updating these monthly.

As part of the construction process, @SpatialPoperty Group and their partner @WormallCivil are undertaking a massive #earthmoving program to develop the site.  In excess of 300,000m3 of sand is being transported locally with the approval and help from authorities such as #CityofRockingham, #MainRoadsWA and #DepartmentofTransport to ensure the infrastructure being used will have little or no impact on the #local #Baldivis #community and its surrounding #environment.

@SpatialProperty Group adheres to the highest levels of #sustainable practices. As part of our approach to #sustainable development, we create #homesites, #services and spaces that are a natural reflection of their #environment.

The #parks, public open spaces and #bushland that will be developed and maintained at #ParamountBaldivis will ensure people of all ages will be able to enjoy their #lifestyle now and in #future generations.

Don’t miss out on this first release from Paramount Private Estate Baldivis! For more information please contact our friendly Estate Sales Manager, Andrew Mackenzie on (08) 6555 2060 or andrew@spatialproperty.com.au