Doug and Pete three sales each

This last month, Douglas sold 66 Beecroft Rd, 8 Hull Rd, and 15 Seale Close, while Peter Raco sold 132 Sutherland Rd, 41 Hampden Rd, and 16 Hull Rd!  Quite a month!  As his reward Doug is taking the next week off to go fishing!

Chilworth Reserve Opened Again!

It is with great pleasure that we advise the M2 project has removed the fencing and reinstated the original walk under the M2 flyovers across the Chilworth Recreation Reserve!

Stockland takes hit on residential properties

Stockland's CEO could ditch the group's strategy of focusing on retail, residential and retirement property developments.  The group reports a loss of $147M for the last six months of 2012 including $306M of impairments to asset values in residential projects identified for sale.
Stockland reports residential community lot sales down 6%, with lot prices down on average $4000 to $5000 per lot.
Last week Mirvac wrote down $373M in its residential business!

Raine and Horne Beecroft is gone!

Belle Property took over the corner office in Hannah Street when David Meldrum merged with them.  Belle are now gutting and rebuilding the office.

Great Month for Sales and Rentals

The Ray White Beecroft sales department had a very successful month, selling properties in The Crescent, Hampden Road, Sutherland Road, and two properties in Hull Rd.
The Property Management department leased 11 properties, including one leased for over $1000/wk less than 24 hours after putting it on the net!
After selling a block of land in Chorley Avenue, Ray White Beecroft now has two blocks of land for sale, both on Reecroft Road.  One is a battleaxe block close to Beecroft station, the other is a subdivided property for which the tennis court and swimming pool are now available for development.