Jane's Update - March

Advice for a market that many are struggling to understand.
By Jane Elvin
By Jane Elvin

Welcome to our latest edition of the Village News and welcome to another unknown market that many are struggling to understand.

One of the most common questions I am being asked at present is “Should I be buying in this market?”

There is nothing wrong with “window shopping”, in fact we encourage it and love to see you at our open homes whether you are ready to buy or not. You can also register to bid at an auction without having to raise your paddle. If you do want to purchase and you do want to purchase well, you must be in the market and in the market means you must be watching the market and keeping updated with the prices. My best advice is, and I will bring a football analogy in is “get out of the stands & onto the sideline at least .... and then run onto the field when the time is right!”. I have seen a couple of auctions go quite cheaply, ones I meant to register for and keep an eye on but got too caught up in business. One recently should have been a $1m+ sale but went for $850,000.That was a great buy for someone that’s for sure and it’s easy to say,“I would have paid that”, when unfortunately, you didn’t’, you were in the “stands” waiting to see the results rather than be part of the results.

As always, whether now is the right time to sell or buy will depend on your circumstances. If you are selling and buying in the same market its all relevant, if your properties value is sitting below expectation, chances are you will also be buying below that vendors expectation.

One thing is for sure regardless of the market, we do live in the most amazing community, and I couldn’t imagine living anywhere else.

I also do a weekly property email – “Not All About Property” – where I try and cover insights in the market and lots of other topics that are not just property related. If you would like to subscribe to that send me a text or an email with details.I promise not to spam you!

MEET OUR TEAM

Camille Huxham, Property Manager

HOW LONG HAVE YOU BEEN WORKING WITH JANE? AND HOW DID YOU GET YOUR START THERE?
I started with Jane at LJ Hooker Annerley/Yeronga/Salisbury in January, 2017. I had known Jane through the St Sebastian’s school community as our boys were in the same year level. Jane heard through the community grapevine that I was between jobs and called to see if I would like to work part-time in a support role at the office. I am now fulltime.

WHAT DO YOU ENJOY MOST ABOUT YOUR JOB?
No two days are the same which can be challenging.You can never plan a perfect day but it also keeps you on your toes and busy. I really enjoy the interaction with tenants and owners - I do like to chat. Living locally not only means work is an easy commute, but I know the area as I have raised my family here so leasing properties and managing them comes naturally.

WHAT ARE THE CHALLENGES?
Expectations for both landlords and tenants and managing those. My job is to keep all parties happy and negotiate the best outcome when needed which I hope is one of my strengths.

WHAT DO YOU LIKE TO DO AT THE WEEKENDS?
Nothing very exciting! I have no exciting hobbies, as long as I am active because I don’t sit still all that well. I can always seem to fill a weekend, there is always a sporting endeavour to go watch.There is also a pile of laundry from my two boys to get through.

FAVOURITE HOLIDAY DESTINATION?
Anything coastal! I love the beach plus a good trip. I have a wonderful group of friends who love to camp and road trip.
Our favourite spot for coastal camping is Sandon River at Easter - always a laugh. We have been holidaying in this spot off and on since our children were toddlers.

WHAT JANE SAYS ABOUT CAMILLE
Camille is one of those rare people that is the first in the office, she works hard for her entire shift, she is very routined down to her 5 almonds she eats per day! I constantly receive emails and calls from landlords and tenants alike raving about Camille. I had
a client recently that is based interstate ring me to tell me that in their many years of owning investment properties and dealing with multiple property managers, Camille is head and shoulders above any of them.That’s exactly what I think also!

 

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Village News Yeronga
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From Yeronga, Fairfield, Yeerongpilly
Annerley & Salisbury

Jane Elvin - LJ Hooker Annerley/Yeronga/Salisbury

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