Wednesday, 23 August 2023

Rockin’ Rosebery – Why more and more people want to call this uber cool suburb home



With some of Sydney’s hippest retail, its central urban location, vibrant atmosphere and charming character due to the successful amalgamation of old and new, Rosebery is giving ‘It List’ suburbs like Surry Hills, Redfern, Alexandria and Marrickville a run for their money. Radically transformed in the last decade from a relatively unpopular residential address amid mass industrialisation to one of the coolest places to live in Sydney, Rosebery is a must-see for home-hunters and visitors alike.

It's atmospheric, eclectic, and vibrant with a great sense of community, tons of local facilities and aesthetically pleasing streetscapes populated with heritage homes and architecturally attractive residential developments. Its central position offers a lot of flexibility for visiting other popular parts of Sydney, with the CBD, Newtown, Marrickville, Surry Hills, Redfern, Bondi, Tamarama, Coogee and Maroubra all pretty close as is Sydney Airport.



Adding exponentially to Rosebery’s hip factor, The Cannery is an uber cool converted warehouse complex that attracts Sydneysiders from far and wide. It houses the best providores, tastemakers and buzzing brands that Sydney has to offer. The lineup includes dining destinations 5th Earl, Three Ducks, Elf & Taco, Banh Zeo Bar, Da Mario, Zeus Street Greek and Frenchie’s Bistro and Brewery. And for the sweetest treats, you’re spoiled for choice with glorious Gelato Messina, Black Star Pastry and Frenchie’s Bakery and Patisserie.

This is just the start - enjoy The Cannery’s Archie Rose Distilling Co, Drink Hive, Wholefoods House, Deli Republic and Red Spoon House. Take a coffee break at Welcome Dose then shop up a storm in Zimmerman, The Academy Brand and Papinelle. Need a haircut? You’ll look your best after a visit to Dapper Don Barbershop or Jyle Frame Hair. Don’t miss the markets on the first Saturday and Sunday of the month. And just across the road, you’ll find the best designer outlet shopping in Sydney including Zimmerman, Springcourt, Camilla and Marc, Sambag, Sandler and Dunning Avenue.



Young professionals love to live here due to the lively, socially oriented atmosphere that’s rich in a plethora of fantastic restaurants, street dining, pub life, artisan stores, boutiques. Local institutions, Lakes Hotel and Rosebery Hotel offer a great place to grab a pint. And professionals make the most of the suburb’s relative closeness to the CBD and the fact that they can purchase a modern designer apartment with outstanding facilities from where to base their busy lives.

With a reputation for being a safe suburb and with loads of family friendly resources, Rosebery is also ideal for young families who are coming to live here in droves. It’s a highly walkable and bikeable suburb as a whole, being largely very flat and easy to navigate and has great childcare centres and activities for the little ones. For everyday essentials, there’s a local IGA, Woolworths Metro, and Eastlakes Shopping Centre and Gardeners Road offers amenities galore, with most of Sydney’s best homeware stores and all manner of services.



And for those with pets, Rosebery offers Turuwul Park, numerous nature strips, trees galore, good pet care/veterinary facilities and a great dog culture. Turuwul Park is well equipped with basketball court, small kids play equipment and other fitness amenities.

To enjoy all the attractions of this fantastic suburb on a daily basis, based in an architecturally sublime, luxuriously designed apartment, contact the Cramer team today to learn about the Rothschild development.


Emma Chappell
Head of Sales & Marketing
Tel 02 8302 1500
emma@cramerproperty.com








Thursday, 17 August 2023

To Invest or Not to Invest, That is the Question - Part 1

Part 1 of Property Investment in High Interest Rate Environments 


With the RBA cash rate cycle of 12 interest rate rises since May 2022, many property investors are hesitant to expand their portfolio and would-be investors can be forgiven for thinking now is not the time to take the plunge into their first investment property. However, there are a number of factors at play that dictate whether or not now is a good time to invest for any individual. 

Recently economic and finance gurus, Arjun Paliwal of InvestorKit and Redom Sayed of Confidence Finance, released a whitepaper that offers some sage and welcome advice that is worth having a closer look at. Titled ‘5 x Rules for Investing in High Interest Rate Environments,’ the paper does a great job of unpacking the key rules for investing in property. 

The rule both experts believe is the most important, is that the individual investor’s situation matters far more than the market. They believe that each investor must take into consideration where they are at from a financial perspective as understanding your finances and extrapolating those numbers for different rate environments will dictate your readiness to buy. 


Top of the list for Investment Principles 101 is Are you Saving Money? If so, what are you currently doing with those savings? If you are investing in cash, this will not deliver the same returns and growth of other asset classes in the long term, where other forms of investment, including property investment are well suited for those in it for the long haul. Also moving assets away from cash almost always compensates better for fluctuations in inflation. 

Demonstrating a consistent savings profile over time will give you the ability to handle the curve balls that will inevitably be thrown your way, such as increases in interest repayments and unforeseen maintenance expenses. If you are saving 25% or more of your net income, and this is still the case in the current interest and cost of living environment, Paliwal and Sayed believe you are in an excellent position to consider property investment. 


Most property investors invest with mortgage debt – the most common Loan to Value being 80%. How you will be able to service your loan in the current high-rate environment will be a great indicator of your suitability for property investment. It is easy to show serviceability during positive cash flow times where low interest rates can generate high investment yields of 5, 6 or even 7%, however if you can show loan serviceability in the current rate environment, things are looking good for your suitability to invest in property. 

If you are considering an investment property, Cramer offer a range of architecturally superb properties with outstanding amenities in fantastic locations. To learn more, contact Emma Chappell today.

Emma Chappell
Head of Sales & Marketing
Tel 02 8302 1500
emma@cramerproperty.com

Disclaimer: This information and any content provided is general in nature and should not be taken as investment advice. Cramer Property are not liable for actions taken based on this content. Always seek advice from relevant professionals such as legal, financial and accounting experts.

Monday, 7 August 2023

What is a scullery and is it a luxury for only the very rich?



À la mode’ in the grand designs of prestige houses, a kitchen Scullery is rarely an option for most. Previously known as a Butler’s Pantry, apartment owners can only dream of having this luxury. Until now. Innovative, high-end developer, TOGA, have taken this much-coveted luxury and ingeniously incorporated it into a select few apartments in their new landmark development, Surry Hills Village. 



The SHV Scullery will allow fortunate residents to keep their main kitchen in a pristine state, putting messy jobs and dishes to the side until they have time to attend to them. With clutter being the enemy of any beautiful home, this extra space means a stream-lined aesthetic will be far easier to achieve. And the end result of mess-free entertaining of family and friends will have you showcasing your glorious apartment at its best. 

But there are more benefits than just improved aesthetics. Having a Scullery means there will be no more issues with not enough cupboard space. These handy home additions give you the extra storage space to organise your kitchen fantastically so there is no more necessity to squirrel items away in the depths of an already overfull cupboard. 


The Scullery is an incredibly versatile space, giving you the option to dress it as a bar when entertaining, thus creating a purposeful, organised and attractive space for drink preparation and self-service. Alternatively, the Scullery enables you to take care of all the noisy kitchen jobs such as blending, food processing, grinding coffee, etc, in a dedicated space separate from the living area, which is incredibly convenient when living in an open plan design. 


Esteemed interior architects, BKH Interiors, have created these splendid Sculleries in a select few of the exquisite apartments of Surry Hills Village, optimising both form and function. They are highly practical additions to these most elite of apartments and have been designed to be streamlined and beautiful despite their utilitarian purpose. 

To discover the exclusive Surry Hills Village Scullery apartments, please contact Emma Chappell of Cramer Property for more information or to organise an inspection of this outstanding development.





Friday, 28 July 2023

Sydney Housing Crisis Looms as Property Prices Begin to Rise Again and Rents Soar



After what seemed like endless months of Sydney property price drops and converse interest rate rises, it seems the tide has turned. There are a number of factors contributing to the shift in market sentiment, not least of which is the housing and rental crisis that looms large across our city. And the chief factor that has contributed to this crisis is demand heavily outweighing supply. 

Appearing before Senate Estimates, Reserve Bank governor Philip Lowe said housing supply was one of the biggest challenges facing the country. Currently there are 5.2 million people who call Sydney home, a number which is constantly increasing with immigration gaining momentum following the pandemic-induced immigration lull coupled with large numbers of people who made a sea/tree change out of Sydney (again induced by the pandemic) and are now looking to move back. By the middle of this century projections show Sydney will have 10 million inhabitants and if there is not enough property to house everyone now, things are only going to get worse. 




Building approvals have fallen to their lowest levels in a decade. The Australian Bureau of Statistics showed a decline for the first three months of 2023, and in NSW total approvals fell by 34% compared to the same quarter in 2022, but hardest hit were units and high-rises where Development Approvals dropped by a staggering 50%. Senior economist with the Housing Industry Association (HIA) Tom Devitt said “The first quarter of 2023 saw the lowest number of total building approvals since 2012 in NSW and nationally. 

Until more housing comes into the pipeline, it will mean more bad news for availability and affordability, according to Mr Devitt. "These approval numbers suggest this housing is not going to be built so this sort of conflict between demand and supply is only going to have negative implications. This imbalance will see the affordability and rental crisis deteriorate further."

Ongoing interest rates rises — in June 2023 the Reserve Bank of Australia (RBA) announced its 12th in 13 months — coupled with the increase in the cost of construction and labour supply are being blamed as the main drivers of the decline in approvals. "Over the course of the pandemic there's been an incredible increase in construction costs," Mr Devitt said. "Some of those constraints have eased recently, but now the number one constraint is labour, builders trying to get their hands on skilled tradespeople."

These concerns resonate with Brian Seidler, Executive Director for the Master Builders Association NSW. He says the ABS's data is "most unfortunate" for the industry. It's the cost of labour that will really challenge the industry and those that invest in the industry." According to CoreLogic, apartment prices in Sydney could soon outperform houses, again driven by the city’s tight rental market, supply issues and an expected surge in immigration.


Wicks Place Marrickville

These factors explain why investors and house hunters alike are flocking to buy apartments in new developments, as the scarcity factor is already weighing on the market. And it’s well-located, family-friendly apartments in Sydney's inner suburbs that are performing most strongly due to this increasing demand from investors and owner-occupiers (particularly First Home Buyers as rents are becoming untenable). Unit rents are not only surging (up 14.8% over the year to April), they’re growing significantly faster than house rents (8.4%).

If you are looking to purchase a property either as an investor or owner occupier, Cramer have an outstanding selection of properties in superbly designed, fantastically located, master planned developments, some very near completion.


Wednesday, 19 July 2023

Grand European Architecture and Mediterranean Flair Comes to Rosebery!

Tuscany Architecture

The Sydney suburb of Rosebery has had a very interesting history, coloured with Racecourses, WWII army camps, European migrants, tram lines and glorious gardens. In fact, up until the 1990s, garden competitions were held with great pride and Rosebury is still known as ‘The Garden Suburb” to this day.

As one wanders the streets of Rosebery, you cannot fail to notice the elements of Mediterranean architecture of the local houses, inspired by the homelands of the Italian and Greek populations who have lived in and loved this suburb. 

   Trams on Rothschild Street, Rosebery c1950                                      
Sutherland Street, Rosebery





Fast forward to 2023, the magnificent new Rothschild development is bringing grand European architecture and Mediterranean flair to this fabulously central suburb. Replete with Grecian pillars and Roman arches, this exquisitely crafted development showcases celebrated Candelapas Architects’ design at its finest. This divine collection of apartments spans across two buildings and offers multiple outdoor areas, lush landscaping, a communal music room and superior ground level retail. 


The Rothschild, Rosebery


The Rothschild, Rosebery

Each apartment’s luxurious interior features classic contemporary design, sleek lines, wide timber floorboards, stone detailing, European appliances and an expansive sense of space and light. Life in The Rothschild will mean home is your sanctuary while you have a vibrant urban buzz outside your door.




The Rothschild, Rosebery

The glorious communal outdoor areas have been inspired by the French Hotel Beauvais, with an impeccably landscaped olive grove at its centre, creating a communal oasis that stimulates the senses. The upmarket retail includes a brand new restaurant and café make living in the moment even more possible. And to top it all off, there is a blissful rooftop area that takes in Sydney City in all its glory, beautiful both by day and night.


The Rothschild, Rosebery

Step outside and within walking distance you have the fantastic Cannery, East Village Shopping Centre, Woolworths Metro Rosebery and Wholefoods House. And with Sydney CBD and UTS an 8 minute drive, 6 minutes to Moore Park Supacentre, 9 minutes to the Entertainment Quarter, 11 minutes to the University of Sydney and Broadway shopping centre, and great beaches and parks not far off, you’ll be living your best life at the resplendent Rothschild.

To discover more about these impeccable apartments, please see our listings below:




Tuesday, 18 July 2023

Discover Rosebery - Sydney’s Gateway to Amazing Eats, Brilliant Bars and Sensational Shopping


Three Blue Ducks

It’s time to adjust your radar to include the pulsating suburb of Rosebery as a centre point for all things food and fun. Surrounded by exciting eateries, eclectic shopping and must-do activities, Rosebery easily accesses the best of Sydney’s food, drink and shopping scene. 


The Cannery

First stop on our Rosebery tour is The Cannery, an old can factory conversion housing the best providores, tastemakers and buzzing brands that Sydney has to offer. The line up includes dining destinations 5th Earl, Three Ducks, Elf & Taco, Banh Zeo Bar, Da Mario, Zeus Street Greek and Frenchie’s Bistro and Brewery, and for the sweetest treats, glorious Gelato Messina and Black Star Pastry. 


Black Star Pastry


Take time to browse Cannery’s Archie Rose Distilling Co, The Drink Hive, Wholefoods House, Deli Republic and Red Spoon House. Take a coffee break at Welcome Dose then shop up a storm in Zimmerman, The Academy Brand and Papinelle. Don’t miss the markets on the first Saturday and Sunday of the month. And just across the road, you’ll find the best designer outlet shopping in Sydney including Zimmerman, Springcourt, Camilla and Marc, Sambag, Sandler and Dunning Avenue. 


Archie Rose Distilling Co.

Another great place to shop and eat is the East Village Shopping Precinct. Visit Taste Growers Market, Zetciti Asian Supermarket and Source for the healthiest groceries then head across to Dogue for your precious pup. Feeling a bit peckish again, eat your way around Asia at East Phoenix, E-Dragon Dumpling Bar, Mataland, P’Nut Street Noodles, Sharetea, Sushi Square and Taisho Japanese BBQ. Enjoy a pastry at Bowen Street Bakery or indulge your chocolate craving at Oliver Brown. There’s even a magical, free, jungle-themed play space for the kids. 


Sushi Train

Still feeling Japanesey? Call me biased, but it’s my favourite cuisine. Try out the Sushi Train on Botany Road. Or if you are in the mood for Italian, Lucio Pizzeria or Cicco, where you can sample the most glorious pizzas and a comprehensive array of delectable Italian fare. Then head across to the radiant Village Crown pub for a drink and great vibes. Or for something completely different, head to the Manhattan Superbowl at the Newmarket Hotel, a retro-themed 10 pin bowling alley where you’ll be certain to have a fun-filled night out on the town. 


Manhattan Superbowl

Finally, looking for a way to burn off all that food, visit the incredible Gunyama Park Aquatic and Recreation Centre, a world-class facility with the largest pool complex built in Sydney in more than 20 years. This fantastic facility has a 50m pool and 25m pool plus kids’ water park and hydro pool, a fully equipped indoor gymnasium and synthetic outdoor, multi-purpose sports field where you can enjoy soccer, touch, rugby or a friendly kick around. 


Gunyama Park Aquatic and Recreation Centre

Want to live near all the action in your brand new, architecturally superb designer apartment, then check out The Rothschild, Rosebury:





Wednesday, 14 June 2023

The Best of Marrickville 2023



Marrickville's popularity continues to soar - there's always something new to discover. We've updated The Cramer Guide to the Best of Marrickville for 2023 and we've got some fabulous new additions - with heaps of new eateries, breweries and leisure spaces - here's our top 5 new places to discover!





1. Messina HQ
Messina’s new headquarters in Marrickville is four times the size of their previous home at Rosebery and took more than two years to create, is a factory, decor wonderland and one-stop creamy-things-in-cones shop.


2. Alex n Rolls
The owners of this inner-west hole-in-the-wall begin preparing its succulent pork at 3am each morning. Their banh mi has been compared to one in Vietnam that Anthony Bourdain called the best in the world with many believing it to be better.



3. 12 Taps

12 Taps Beer Bar, is a gathering place for beer explorers & food lovers alike. So find great conversation, drink the best craft beers, cheer on your favourite team, and start making memories!



4. Creative Corner Studios
From Kids Classes to Hens Parties - just down the road in Dulwich Hill, this Art Studio has a range of classing from drawing and painting or making your own resin cheeseboard or coasters - perfect for your new pad!


5. Mobius Distilling Company
This one didn't quite make the map as they currently don't have a cellar door - but the finest of Gins, mixers and liquors are created in Marrickville - find a selection of their range at Titus Jones purchase online here to enjoy at home!

Contact Emma Chappell emma@cramerproperty.com.au to learn more about Wicks Place in Marrickville and to obtain your Cramer Guide to Marrickville printable PDF so you can explore the neighbourhood today!