Tucked just inside the NSW border, Jerrabomberra offers a unique blend of spacious living, modern amenities, and a warm, welcoming community.

Once humorously referred to as “Queanbeyan Heights,” Jerrabomberra has now carved out its own distinct identity within the Queanbeyan area.

This charming suburb boasts streets lined with picture-perfect homes, leading to scenic wetlands, nature reserves, and numerous parks. Some of the most sought-after locations in Jerra, as locals affectionately call it, provide elevated views of Canberra and the surrounding mountains.

Ben Mills from Jonny Warren Properties highlights Jerrabomberra’s appeal, noting its ideal mix of country-town charm and city convenience.

“It’s a very tight community with the benefits of having the city on its doorstep,” as shared by Ben.

“And within Jerra, the local shops are pretty much in the centre. So, no matter where you live, it’s a good 15 to 20 minute walk. You can take a walk with the family and chat about the week or the weekend and go get your coffee or your milkshake and then walk home.”

This family-oriented vibe is a significant draw for residents. The local primary school has a waiting list, and the newly opened Jerrabomberra High School adds to the suburb’s attractiveness. Ben Mills and his wife moved to Jerra five years ago.

“As soon as we were looking to have kids and settle down, Jerra was just a no brainer,” he says.

For everything real estate around the Queanbeyan area, give Ben Mills a call at Jonny Warren Properties.

Source: Jerrabomberra: The ‘tight community’ where pretty homes meet wetlands and parks

When Canberra Raiders centre Matt Timoko began his journey to purchase his first home in Canberra, he was taken aback by the amount of time and effort involved.

“I didn’t really realize how hard it was looking for houses; I had no experience doing that,” he said.

“The more I started to look, the more overwhelming the process became.”

Despite this, the New Zealand international successfully became a homeowner earlier this year with the assistance of a buyer’s agent.

After months of going solo, Matt found his future home within about four weeks with professional help.

Buyer’s agents are increasingly becoming the secret weapon for many Canberra buyers—not just NRL players. Busy families and those relocating from interstate or overseas are also finding value in outsourcing their property purchases.

What is a Buyer’s Agent and How Do They Work?

Buyer’s agents are licensed real estate professionals who represent the interests of the buyer, unlike traditional real estate agents who work for the seller.

They typically offer a variety of services, such as:

• Finding and short-listing properties
• Inspecting homes
• Bidding at auctions
• Negotiating private treaty sales on behalf of buyers

Buyer’s agents often have access to properties that regular buyers might not find, including pre-market or off-market sales.

Their fee structures can vary; some charge a fixed fee, while others work on a commission basis, usually charging between 1.5% and 3% of the purchase price.

Generally, buyer’s agents operate as independent businesses and are not affiliated with real estate agencies.

The Rise of the Buyer’s Agent

A newcomer to the Canberra property scene is making waves in the market.

Fyshwick-based real estate agency Jonny Warren Properties has launched a new buyer’s agency division, led by Ben Power.

Benny the Buyers Agent explains that while he will show clients properties listed for sale through Jonny Warren if they are suitable, he has no obligation to do so.

“Essentially, I still work independently under the Jonny Warren brand, and I’ll source the best property for my client from any sales agent out there,” he says.

Who’s Using Buyer’s Agents?

Since launching the Jonny Warren Buyer’s Agency in May, Benny has worked with a variety of clients, including a retired woman from regional NSW who is relocating to Canberra.

“It’s the first time she’s ever bought a property,” he says.

Benny notes that high-profile individuals, like his client Matt Timoko, see value in the service. “They like privacy sometimes or they’re just not available on the weekends,” he says.

He’s also assisted busy families, international buyers and people who are unwell or unable to physically attend property viewings.

What to Look Out for When Using a Buyer’s Agent

Buyers can verify if a buyer’s agent holds a current real estate license by checking the ACT public register.

A good buyer’s agent will have a clear policy on handling conflicts of interest if they arise.

This can help buyers understand how the agent would handle situations such as having two clients looking for the same type of property.

Under ACT legislation, an agent must disclose if they receive any rebate, discount, commission, or benefit for referring a buyer to a service provider, such as a developer or a sales agent. The nature and value of any benefit must also be disclosed.

The journey to homeownership can be challenging, but with the right support, it becomes much more manageable. The rise of buyer’s agents like Benny Power at Jonny Warren Buyers Agency, has provided a valuable resource for many, including busy professionals, relocating families, and high-profile individuals. Their expertise and dedication ensure that clients find the best possible property to suit their needs and budget.

If you want the ‘secret weapon’ on your side when purchasing property, please get in touch.

Contact Information:

• Email: benny@jonnywarren.com.au
• Phone: 0438 867 822

Source: Canberra Times –  The secret weapon that helped a Raiders star buy his first home

Easter is traditionally associated with a slowdown in the property market, agents in Canberra are anticipating an unexpected upswing that could make April one of the most busiest months of the year.

Jonny Warren of Jonny Warren Properties shares insights into the market anticipated for the month. 

“The market is set to be busier next month than it was at the same time last year.” says Jonny. 

“We’re seeing strong enquiry from potential buyers and a lot of activity at the lower end, particularly for properties under $1 million,” he said.

“In the last week alone, we have sold 11 properties between the prices of $600,000 and $950,000.

“Factors such as reduced borrowing capacity are driving the increase in demand for properties in this price range.”

Meanwhile, MARQ Property’s Sam Taylor has noted an increase of investor interest in the market after a period marred by rate hikes and uncertainty.

“There are definitely more investors back in the market compared to the same period last year,” as said by Sam.

Despite a general lull in consumer sentiment as indicated by a dip in the Westpac Melbourne Institute Consumer Sentiment Index, the perception of the housing market’s attractiveness has slightly improved. 

This comes even as many continue to grapple with the challenges of affordability. The index fell by 1.8% in March to 84.4 from February’s 86, yet assessments on the timeliness of buying a house edged higher.

The index’s recent dip serves as a somber reminder of the persistent cost-of-living pressures, despite previous months’ slight improvements offering a glimmer of hope.

Recent figures from the Australian Bureau of Statistics (ABS) show a gradual relaxation in inflation rates. The monthly Consumer Price Index (CPI) rose by 3.4% in the year to February, with the rate of annual inflation holding steady at 3.4% for the third month in a row. “Housing costs, having increased by 4.6%, were the primary drivers of the February annual rise,” stated Michelle Marquardt, head of prices statistics at the ABS.

In the face of these economic indicators, the post-Easter period is poised to be an especially active time for the Canberra property market.

Source

JWP proudly drew jersey Number #14 during the Jersey Sponsor Event, a number that will be sported by Danny Levi and Jordan Martin. 

The partnership with the Raiders opens opportunities for community involvement in 2024. JWP is excited to continue offering clients Raiders game tickets and merchandise, alongside running competitions that bring fans closer to the action.

Moreover, the tradition of hosting Game Day events will carry on, including memorable halftime shows that have become a staple during home games.

Jonny Warren Properties have always been about more than just selling homes and telling their stories; JWP has demonstrated its community support through various initiatives, such as organising a charity golf day for Camp Quality in 2021 and sponsoring the ACT Brumbies Super W team in 2022. We are looking to continue this tradition of giving back, with plans to support even more local causes in 2024.

Here’s a couple of the amazing things we’ve done with the community in 2023: 

• Canberra Raiders 2023 – Round 5 Raiders vs Panthers
• EVOLVE – Building Resilience, Connections and Sustainable Growth
• Ben Mill’s Community BBQ Event – St. Greg’s Primary, Queanbeyan
• Sienna Sewter’s Jonny Warren Properties x Mimi’s Pit Stop BBQ Day
• STEPtember 10,000 Steps Challenge
• Christmas Colouring-in Competition

Looking for a real estate agency that puts the community first? Get in touch with Jonny Warren to discover how you can benefit from our expertise! Fill out our contact form, call us at 0431 797 891, or email jonny@jonnywarren.com.au today.

This significant rise positions Canberra’s unit market as one of the biggest surges in the country, as revealed in the latest Domain House Price Report.

Throughout the year leading up to December 2023, the average price for apartments grew from $567,557 to an impressive $625,597.

This consistent upward trend has led to a peak in unit prices, effectively recouping the $45,000 loss recorded during the 2022 market downturn, and signaling a strong recovery.

Currently, unit prices are now standing roughly $13,000 (or 2.2%) higher than the last peak observed in the quarter ending in June 2022.

This surge in unit prices has significantly closed the gap between the cost of apartments and houses, narrowing it to the smallest margin seen in over three years, the report details.

Jonny Warren from Jonny Warren Properties provided insights into the Canberra apartment market’s growth this 2024.

“We’re seeing a lot of demand for apartments with owner-occupiers the most active, making up 65% of our sales,” Jonny said.

“About 60% of these are first-home buyers. Our open for inspections are also attracting high numbers.”

Jonny highlighted a recent JWP team win, a three-bedroom apartment on Forbes Street, Turner, which sold for $735,000, and a two-bedroom apartment in Queanbeyan that went under offer within just two days of listing.

This downturn positions Canberra as the capital city furthest from its housing price peak, contrasting with other cities that are at record highs or have already embarked on a recovery trajectory.

If you’re looking to navigate Canberra’s real estate market, Jonny Warren Properties stands ready to guide you through every step. Whether you’re a first-time buyer or looking to invest, our expertise and personalized approach ensure you find the perfect property to call home. Contact us today!

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