About Us
ELDERS PENRITH - PROPERTY MANAGEMENT
Elders Real Estate Penrith is one of the most respected property management departments in the region.
With our rentroll increasing at a rapid rate are proud of the service standards we can provide to you.
We would like to point out some success keys that our department service standards are based on.
In a nut shell - we require a tenant to ensure that their rent payments are made on time - and the property is well maintained.
This is done in 5 key ways:
• Careful Tenant Selection - Potential tenants must pass a 100-point identification check, and we also check recent landlord track history, confirm employment details. Finally we also check their details against a large National Tenant Default Data Base. We will never place a tenant without first consulting you.
• Proper Tenancy Set Up - Apart from issuing the tenant with the appropriate information and legal forms, we also spend quality time with your tenant- fully informing them on our expectations- before they get the keys.
• Strict Rent Control - If a tenant does not pay their rent when it is due - we will personally follow up the matter with the tenant as quickly as possible. We believe that this type of follow up is the only effective way to solve this problem. We do not send standard reminder letters as this method we have found to be ineffective.
• Regular Inspections - Regularly inspecting the property every 3-4 months ensures that the tenant is meeting their obligations. You will be supplied with a room-by-room report and also photos of your property.
• Concise Final Inspection - Once we are aware that your tenant is vacating the property, we supply them with a detailed guide as to our expectations of how we would like the property returned. The bond will only be refunded once all expenses outstanding are paid (if any).
If you don't feel as though your current Agent is working in your best interest, contact Elders Penrith on 4733 8888 for futher information.
With over 170 years experience, ELDERS is a name you can TRUST!
SPOTLIGHT ON PENRITH
The city of Penrith is a major centre of Sydney, situated 50km west of the CBD at the foot of the Blue Mountains.
With a population of more than 170,000 people, Penrith has good rail, bus and major road access.
The local government area covers 407 square kilometres in total.
Penrith is home to the well known Penrith Panthers Rugby League Club and several other sporting clubs as well as the Penrith Lakes, flooded quarries which are now recreational lakes. The local economy comprises a mix of sports and recreation, tourism and retail and there are a number of new developments and expansions underway in the region.
According to local Elders Principal Linda McVicar, although buyer activity slowed down in the second half of last year it increased significantly in the early part of 2009, particularly in the first home buyer segment. Linda predicts the Penrith property market will continue to be strong due to its proximity to Sydney and relative affordability.
LGA Penrith
Current median house value as at Nov 09 $332,000
Current median unit value as at Nov 09 $242,500
Capital growth % yr to Sept 09 Houses 2.1%
Capital growth % yr to Sept 09 Unit 2.6%
Ave annual capital growth/10 years 8.6%
Ave annual capital growth/10 years 6.8%
Median rental yield - Houses 5%
Median rental yield - Units 5.5%
If the name “McVicar” rings a bell then it’s quite possible that your familiarity was triggered by this family’s successful history in business in Warragamba & Silverdale. The “McVicar” family name goes back more than 50 years and is widely recognised and respected in the entire community.
Venturing into real estate, the dynamic father & daughter duo Gordon & Linda McVicar both achieved a Diploma in Real Estate Business Management and opened their first office in Warragamba in 2005, they have since relocated their office to 348 High Street, Penrith.
Principal, Linda McVicar says “The relocation to Penrith was a must! This was done to gain greater exposure & opportunities for all residents in the area. After surveying the general public in Penrith, we were amazed at how many people had never heard of Warragamba, Silverdale or surrounding suburbs, we found when people think of an affordable western suburb they think Penrith! We now have the opportunity to direct homebuyers to an area which is family friendly & very affordable”
Today Elders Real Estate Penrith is owned and operated by the Father and Daughter team. Gordon brings a wealth of business knowledge, past real estate success and experience to the company, while Linda adds energy, innovative marketing ideas and is leading the way in the Nepean with cutting edge technology & social media. Together this dynamic duo and their team of real estate professionals are focused on building and developing a family owned and operated real estate agency which focuses on excellence in customer service.
Highly motivated with youth & enthusiasm on their side, Gordon & Linda’s experience and high level of Local knowledge combined with the support of Elders - the most respected brand in the industry, is why they believe choosing Elders is choosing Success!
So whether you’re considering buying, selling, renting or need advice you can Trust, call Gordon & Linda and their ‘results driven’ team on 4733 8888 for all your property needs.
ELDERS REAL ESTATE
Elders are the oldest real estate agents in Australia established in 1839 and now recognised as the dominant rural real estate agents throughout Australia.
Building on its highly regarded brand image, the real estate business diversified into new markets selling residential and lifestyle property.
In recent years, the real estate agent network has expanded to nearly 400 offices operating in all capital cities and major regional centres across the country. At the end of the 2004 financial year, Elders real estate agents sold nearly $5 billion in property through its entire network lifting sales turnover by almost 13% over the previous corresponding period.
At Elders we have an extensive network of real estate agents operating internationally and have established affiliated real estate agents operating in New Zealand and USA etc.
We have an extensive team of experienced, professional real estate agents throughout Australia who are committed to providing an outstanding real estate service for clients.
Elders:
- Has one of the most recognised and respected brand names in Australia
- Presents Australia's only national Rural Property Album each month. Featuring Australia's finest farming and pastoral (ranches) properties, the album is keenly sought by all Australian and international investors
- Presents a national Residential Property Album
- Offers prime media placement for your property that no other agent can match
- Has an in-house financial arm ready to accommodate approved purchasers
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