Domain - The Age, March 30, 2019 by Domain Magazines

29 30 MARCH 2019

Lap of luxury Come home to something special

W hat t o se e t h i s We ekend

Hou se of t he We ek

Ma rke t Move s

FIND A FAVOURITE

COASTAL COOL

MORE TO LOVE

Page 6

Page 10

Page 11

Everything you want...

to create your sanctuary

caroma.com.au

CHADSTONE SHOPPING CENTRE | RICHMOND WWW.COCOREPUBLIC.COM.AU

Views to infinity ... and beyond

INDEX

Note from the editor

’m deep in researching where and what to buy for my first home and even as a property editor, these are not simple decisions. One moment I’m looking at bayside houses – the next, I’m hunting inner-city units. An ad for new apartments captures my attention, but look, over there is a renovator’s delight! The market correction presents a red-hot chance to make a real estate debut, so consider the New Living section this week – a first-home buyer special. It’s a 101 guide to boost your confidence, pump up your knowledge and sharpen your options, because having a precise goal will help you stay on track. Advice editor Daniel Butkovich breaks down money matters; Darren Palmer gives styling tips for your first pad; and our cover story highlights suburbs you may not have considered but which we think you should, because lifestyle and affordability can go hand-in-hand these days. Good luck and, may we say, “happy housewarming”, in advance, for when that magic moment finally arrives.

What to see this Weekend

You Wish

Open Home

House of the Week

p10

Market Moves

p11

Open this Weekend

p12

29 30 MARCH 2019

First home buyers | SPECIAL EDITION |

DARREN PALMER

Savvy style guide MODERN HOMES

Designer at the right price

Dreams come true

SUPER SUBURB S LE ADING THE SE ARCH

DOLLARS & SENSE

Understanding the banks

FLIP OVER FOR FIRST-HOME BUYERS SPECIAL EDITION Cover story

Modern Homes

Style with Darren Palmer

Dollars & Sense

p13

Advice

p15

On the Bookshelf

p16

It’s not easy going up against mother nature in

all her windswept glory. Do you try to compete with the rugged beauty of the sandstone cliffs and crashing waves or just fly the white flag? This four-bedroom home in Sydney’s east strikes the perfect balance between showcasing the remarkable scenery and making a bold architectural statement all of its own. The element of surprise is at the heart of the contemporary design by London-based architects Walters and Cohen in collaboration with Sydney studio Collins and Turner. A double-volume gallery entry is lit from above, with no views out. At the very top stair, the magnificent cliff-top setting becomes apparent. Upstairs, open-plan living spaces flow to a terrace and wet-edge pool. Downstairs, find spacious bedrooms and a three-car garage. Other highlights include recycled Jarrah cabinetry and a corten steel sculpture by Christopher Hodges. Sydney Sotheby’s International Realty is quoting a guide of $11 million to $12 million. ELICIA MURRAY

OUR COVER Style and grace in Hawthorn,

Hover your phone camera over

listed by Marshall White p8

the code to see the listing

Editor Emily Power | Deputy editor Jessica Dale | Editorial assistant Hailey Coules | National managing editor Alice Stolz | Senior designer Colleen Chin Quan | Graphic designer Emma Staughton Picture editor Leigh Henningham | Chief executive officer Jason Pellegrino | Residential sales Mitch Armstrong 0438 820 767 | New development sales Monty Hanger 9249 6536 Contact editorial@domain.com.au | Domain is published by Domain Holdings Australia Limited and is printed by Elephant Group (Aust) Pty Ltd, 24c Victoria Street, Windsor VIC 3181.

DOM A IN

WHAT TO SEE THIS WEEKEN D 30

S AT U R DAY

S U N DAY

TOORAK 20 Balmerino Avenue 3

LAST WEEKEND

1 Open your camera and hover your phone over the app code to see the price guide

This niche, semi-detached property has old-fashioned charm in keeping with the streetscapes of Toorak’s riverside top pocket. A walled front garden leads to art deco living and dining rooms, followed by a renovated kitchen with distinctive cabinetry and

Clearance rate

Source: Domain Group

What the agent says

a second living area. Upstairs are two bedrooms, one with an annexed study and one with a city view from the Juliet balcony. “A maisonette is a great alternative to an apartment around here,” the agent says. Expressions of interest: close noon, April 5 Agent: RT Edgar, Antoinette Nido 0419 654 856 Nicholas Hoo

Marshall White

MIDDLE PARK 179 Beaconsfield Parade

Bayside buyers want to be part of a relaxed community close to

the city and within walking distance of Open your camera and

Melbourne’s best

hover your phone over

cafes and

the app code to see the

restaurants.

price guide

Between the Italianate triple arches of this grand Victorian home’s balcony,

Highest sale

the sunset view across the bay is postcard-perfect, which is one reason Beaconsfield Parade properties are rarely available and highly prized. This renovated double-storey terrace is the middle residence of The Elms trio, which adjoins the former Danish Club. Gorgeous period character, a sympathetic renovation, generous spaces and a private courtyard come together as a covetable beachfront abode. Auction: noon, March 30 Agent: Cayzer, Geoff Cayzer 9690 9782

$3,642,500 GLEN IRIS

17 Vincent Street WOW FACTOR

Four-

bedroom home offering superb family living close to top schools. Sold by Marshall White.

DOM A IN

C o m p i l e d b y JACQ UI HAM M E R TO N

KEW

Open your camera and

28 Rowland Street

hover your phone over the app code to see the

price guide

Growing families will be drawn to this

and wine fridge, opens to a covered

English manor-style property in the

al fresco zone, sparkling pool and

sought-after Sackville Ward precinct.

pergola. Proximity to prestigious

There’s plenty of living space across

schools adds to the appeal.

its three levels, as well as a theatre

Expressions of interest: close 2pm,

room, gym and cellar on the lower

April 9

ground floor. The kitchen, complete

Agent: Jellis Craig, Peter Vigano

with Miele appliances, butler’s pantry

0407 301 224

CARLTON NORTH

Open your camera and

CAULFIELD NORTH

Open your camera and

201/520 Rathdowne Street

hover your phone over

1/7 Orrong Crescent

hover your phone over

the app code to see the

price guide

the app code to see the

price guide

Stroll north of Rathdowne Village and

bedroom and terrace on the top floor

Discerning downsizers shedding large

“Having four en suited bedrooms is

Curtain Square to find this modern

and the open-plan living area, two

family homes will be among the mix of

meeting the sophisticated demands

two-level terrace built four years ago

balconies and two bedrooms below,

buyers drawn to this new luxury

of the market today,” the agent says.

where Bubbles Laundromat used to

totalling 190 square metres.

property with pool and spa in a quiet

Expressions of interest: close 5pm,

be. There’s a tree-lined, grassy

Expressions of interest: close 5pm,

crescent. Described as a grand-scale

April 15

median strip out front, tandem

April 8

apartment, it owns the ground floor of

Agent: Kay & Burton, Grant Samuel

parking underneath and private entry

Agent: Nelson Alexander,

a two-level residence built by local

0403 132 095 in conjunction with

via a lift. The one-owner residence is a

Mark Verrocchi 0413 135 935

developer Knight Building Group.

Wilson Agents, Joey Eckstein

lock-up-and-leave pad with the main

0419 419 199

DOM A IN

YO U W I S H

B y J E S SICA DALE & JACQ UI HAM M E R TO N

HAWTHORN 39 Hawthorn Grove 5

Open your camera and hover your phone over the app code to see the price guide

This carefully maintained Hawthorn-brick Victorian home is on 898 square metres of landscaped gardens. Off the foyer and central hallway are the five bedrooms, all with built-in wardrobes. The main includes an open fireplace, walk-in dressing room and marble en suite, while the second largest also has a fireplace and garden views. An extension has added a library/retreat space, a separate living room with open fireplace and an openplan kitchen and dining zone

DEEPDENE

BRIGHTON

with warm timber, stone

3 Parkside Avenue

8 Black Street

benchtops, double ovens and feature lighting. Bifold

doors bring the outside in,

Open your camera and hover

opening to a spacious

When the architectural

your phone over the app code

This heavenly home – Elwin,

your phone over the app code

entertaining area and

romance of the 1920s

to see the price guide

built in about 1888 and set in

to see the price guide

lap pool, as well as an in-

marries today’s smart-living

ground trampoline and

design you get this beauty: a

bungalow on the site,” the

ultimate in a luxury bayside

plus substantial kitchen,

basketball court.

2002 craftsman-built house

agent says. The 1116-square-

address. The property is one

living and dining unfolding to

Number 39 is close to

lush botanic gardens – is the

that’s in a great family spot

metre block permits a pool,

of the last beach estates,

a terrace, gourmet barbecue

trams, cafes, shopping and

opposite Deepdene Park’s

separate studio and carport.

occupying a grand

area and theatre. The indoor

premier schools.

adventure playground. “It’s

Private auction: 11.30am,

2072-square-metres of

pool and spa will impress.

Auction: 2.30pm, April 6

distinguished, generous, in

April 6

north-westerly land.

Expressions of interest:

Agent: Marshall White,

good proportion and

Agent: The Agency,

Entertainers will delight in

close 5pm, April 17

Doug McLauchlan

incorporates some original

Mark Sproule 0408 090 205

the layout, with formal zones

Agent: Buxton, Halli Moore

0418 377 718

fittings from the previous

DOM A IN

0403 777 661

OPEN HOME

In t e r v i e w b y K ATE NAN CARROW Ph o t o b y DANIE L P O CKE T T

“My theory is: if I can’t walk to the beach, I can’t live there.”

With

also a property developer – he did

36, my wife and I had three kids under

D E A N O ’ B R I E N from OBrien Real Estate

shopping centres in Echuca and

the age of two and I realised that

developments in Gisborne. I thought

where I was then was not going to

I’d be in the family business but as I

provide for my family as I wanted to,

got older, things changed and the

so I had to reassess and regroup. I

hotel was sold.

opened OBrien Real Estate in 2010.

Who has inspired your life?

Real estate is stressful – how do

There have been several key mentors.

you deal with the demands?

My father is the first. He is no longer

For me, being brought up in a family

with us. Being a publican, he could

business and in a public environment

ean O'Brien, 44, was born in country Victoria and originally thought he'd take over the family pub, but life took a very different route. He's the director and founder of OBrien Real Estate, which has a large network. He and wife Tarelle have three daughters; Lolah, Siara and Sophie.

really relate to so many people. He

like a hotel, I don’t find dealing with

Where did you grow up?

and went through school together but

believed in young people and inspired

people at all difficult. The time-

I grew up in a small country town,

got together afterwards.

people – he was a very giving man.

balancing act is a bit tougher but I can

When I was at Kilmore there was Ray

leave the phone on silent and be a

Alexandra, in the north east. My family was second-generation owners of the

How does a country boy find a

Carroll, the sports coach, and Brother

husband and father. For a while there,

local hotel.

sense of community in the city?

Doug, our boarding master, and Tony

the business was going amazingly but

It can be quite tough to build that

Noonan who was a teacher and is now

I realised I was on a high and my

Did you go to school there?

community in the city. I’m finding

a horse trainer. They all influenced me

family wasn’t travelling with me. I

I did initially and then I went to

these days that community is where

a lot in the way I thought about

reassessed quickly.

Assumption College at Kilmore and

our kids hang out and a lot of that is

people. They were respectful but

boarded for five years. I played lots of

through the school. They’re creating

expected a lot.

football, tennis and basketball and

our community for us.

Are you in your dream home? Not yet. We lived in St Kilda for nine

How did you get into real estate?

years and then moved to Beaumaris.

What were you dreaming of

I started off as a cadet with another

With the kids, we had to get out of

becoming at 15?

company in 2001 and progressed to

that single-fronted house. I have the

Did you like boarding?

My whole life revolved around the

sales manager and then had a

perfect block of land in Beaumaris

I loved the boarding; I have made so

family business, the hotel, and I

shareholding. By the time I was 35 or

and I’m developing it. We love the

many great mates. I also met my wife

thought I’d be in that. My father was

played for Assumption in the First 18 footy side.

at school. We were in the same year

bayside area. My theory is: if I can’t walk to the beach, I can’t live there.

DOM A IN

HOUSE OF THE WEEK B y LO U SWE E N E Y

Need to know: The property was last sold for $234,000 in 2013 and the highest recorded house price for Cape Woolamai (last 12 months) was $830,000 for 82 The Esplanade in October 2018.

Recent Sales $550,000 10 Kendall Avenue, January

Resort to an ocean escape

ape Woolamai sits on the south-eastern edge of Phillip Island with the spectacular ocean beach its stunning drawcard. This attractive property features plenty of briny-themed references in the form of reclaimed beach timbers. We love the posts dotting the garden walkway making it look like a lowlevel jetty. Excellent stuff. This cool path passes a terrific outdoor shower concealed by tall palms and timbers as well as a paved outdoor entertaining area with builtin barbecue and seating. Step up to the pavilion that forms the front of house. The entry proper rolls you into a superb dining area where the crisp white peaked roof holds six skylights that illuminate the communal areas. Grey timber floors run across to the stone-bench kitchen where the white cabinetry is offset by darker units and timber accents. Head past the dining area to the fabulous sunken lounge where you

DOM A IN

CAPE WOOLAMAI

$320,000 7B Ocean Reach, January $470,000 37 Lantana Road, December 2018

What the agent says

134 Vista Drive 5

Private sale Agent: Judith Wright Stockdale & Leggo, Jaime Morris 0408 367 310 Open your camera and hover your phone over the app code to see the price guide

get to hunker down on those cool coastal nights in front of a fireplace. Bifold glass doors reveal the garden and a sparkling swimming pool, but before you get outside there’s a terrific passage that runs north of the dining and living rooms leading onto two bedrooms; one has a small, nicely configured en suite. Further along, the central bathroom features a black and white bath, timber vanity and open glass shower.

A lounge room with double glass doors comes before bedroom three and then at the end of the passage, the main bedroom. Another picture window offers those sparkling pool views and the room includes a bright en suite and walk-in wardrobe. Behind the large garage there’s a smartly sited studio/guest’s quarters with its own en suite. Sea, serenity and style combine to make this place pretty irresistible.

Jaime Morris

Judith Wright Stockdale & Leggo

From the moment you walk through the gate you’ll feel like you’ve been whisked away to a tropical resort; leave behind the chaos of your busy Melbourne life.

M A R K E T M OV E S B y MAL JAM E S

Changing gears in a new market

love the inner-Melbourne property market right now. I love where it is heading short term and how it will be reacting, possibly in the medium term and almost certainly in the longer term. The current statistics and trends express that the market is experiencing a significant price decline, as the market drivers of the past decade have all been changed by governments or are proposing to be changed.

With these drivers going or gone, our housing market has been left without key upward drivers. I feel right now that this is not a bad thing, as it allows each property transaction to find its own level and its own position in the scheme of things. Three cheers! As a community, we may well have dodged a very difficult time. The market can be classed as a good market because it is more stable, even though it is declining in price and turnover overall. Agents, sellers and buyers are all gradually coming to terms with the new paradigm.

ISTOCK

What were some of these drivers? ■ Offshore money input ■ Easy credit by banks without due diligence ■ Population explosions in inner suburbia

What’s to like? 1. The new pace of decision making – it is suiting many buyers and some sellers. 2. This market rewards good processes – more than the 2015 to 2017 market, in which there were a lot of “scorched-earth negotiations”.

3. The inner-Melbourne market is again becoming a realm for home buyers and home sellers. Welcome back to the housing forefront, mums and dads. 4. Now, as a buyer, seller or renovator, you have time to think things through and make the right decisions for your future.

“Three cheers! As a community, we may well have dodged a very difficult time.”

What is a normal market? A declining market is not a bad thing. A rising market is not a bad thing. And you can happily exist in the 2019 market, be you a buyer or seller. In order to survive 2018, we, and other buyer/seller agents had no choice but to become more efficient, more flexible and most importantly, more frugal. Mal James is the founder of James Buyer Advocates.

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DOM A IN

OPEN THIS WE E KE N D 30

S AT U R DAY

Address

Beds

Sat Sun Price $000s

Agent

AUCTIONS Houses and Apartments *

3BR

1.00

1.35M-1.45M

Biggin & Scott

ALBERT PARK 7 Oâ&#x20AC;&#x2122;Grady St

4BR

2.00

POA

Cayzer

21 Inverness Av

5BR

1.00

POA

Jellis Craig

32 Railway Av

2BR

1.00

POA

Marshall White

5/22 Valentine Gr*

2BR

12.30

POA

MW ONE

ARMADALE

3BR

1.30

POA

Marshall White

4 Jordan St

4BR

12.30

POA

Marshall White

70 Dixon St

4BR

9.30

POA

Marshall White

12 Hyslop Pd

4BR

2.30

POA

13 Hedgeley Av

3BR

11.00

POA

Jellis Craig

15 Beaver St

4BR

11.30

POA

Marshall White

2C Paxton St

4BR

10.30

POA

Marshall White

6 Dundonald Av

3BR

12.00

POA

Jellis Craig

6/21 Ardrie Rd*

2BR

11.00

POA

Biggin & Scott

77 Repton Rd

3BR

12.30

POA

Marshall White

1BR

12.30

NPD

RT Edgar

179 Beaconsfld Pd

3BR

12.00

POA

Cayzer

4/267 Beaconsfld Pd*

2BR

11.00

POA

Cayzer

2BR

12.30

5BR

11.00

1.4M-1.5M Nelson Alexander

2106/31 Spring St*

3BR

12.00

1.5M-1.65M Nelson Alexander

MIDDLE PARK

45 Walter St

2BR

11.30

880-950 Nelson Alexander

ASHBURTON 4BR

12.30

POA

Marshall White

BLACKBURN SOUTH 0BR

12.00

POA

Woodards

2C Aberdeen Rd

2BR

10.00

680-748

Woodards

BRIGHTON 155 Cochrane St

4BR

1.00

NPD

HS BRIGHTON

4/8 Manor St*

2BR

11.00

NPD

Hodges

58 Were St

1BR

11.00

POA

Marshall White

6/72 Roslyn St*

2BR

12.30

POA

MW ONE

60 Were St

5BR

1.30

POA

Marshall White

BRIGHTON EAST 3BR

10.30

POA

Marshall White

BRUNSWICK EAST 5BR

11.30

POA

Collins Simms

4BR

11.00

POA

Fletchers

BURWOOD EAST CAMBERWELL 1/1 Bellett St*

2BR

11.00

POA

Fletchers

1285 Toorak Rd

4BR

1.00

POA

Jellis Craig

2/247 Highfield Rd*

2BR

10.00

POA

MW ONE

159 Mont Albert Rd

4BR

2.30

POA

Marshall White

41 Maling Rd

3BR

12.30

POA

Marshall White

769 Rathdowne St

3BR

12.30

1.65M-1.8M Nelson Alexander

8/19 McIlwraith St*

2BR

10.00

700-750 Nelson Alexander

CANTERBURY

CARLTON NORTH

DONCASTER 15 Carawatha Rd

4BR

11.00

1M-1.1M

Woodards

ESSENDON

141 Errol St

1.00

1.5M-1.65M Nelson Alexander

12.00

1.28M-1.4M Nelson Alexander

6 Meaker Av

CLIFTON HILL

19 Newry St

3BR

10.00

POA

Jellis Craig

99a Henry St

3BR

11.00

POA

Biggin & Scott

RICHMOND 3BR

10.00

POA

Jellis Craig

111/1 Marmion Pl*

3BR

10.00

POA

Jellis Craig

3/14 Johnson St*

2BR

11.00

700-770

Biggin & Scott

ELWOOD

32 Rowena Pd

2BR

12.00

1.1M-1.2M

Biggin & Scott

56 Green St

2BR

11.00

950-1.04M

Biggin & Scott

69 Gardner St

3BR

11.00

POA

Jellis Craig

292 Park St

3BR

3.00

POA

MW ONE

90 Smith St

2BR

1.00

POA

Cayzer

22 Lynedoch Av

4BR

5/212 Alma Rd*

2BR

4BR

11.00

1.4M-1.5M Nelson Alexander

33 Ellis Rd

3BR

2.00

POA

Jellis Craig

6 Rosedale Rd

6BR

1.30

POA

Marshall White

3BR

3.00

GLENROY 720-790 Nelson Alexander

HAMPTON 10 Lansdown St

5BR

10.30

POA

Marshall White

2 Hastings St

4BR

12.30

POA

Marshall White

HAWTHORN 2BR

10.00

POA

MW ONE

4 Hugh St

5BR

11.00

NPD

Noel Jones

5 Tower Pl

5BR

12.30

POA

Marshall White

HAWTHORN EAST

3BR

2.00

1M-11M

Hodges

14 Bradford Av

4BR

12.00

NPD

Kay & Burton

4 Walmer St

5BR

12.00

POA

Jellis Craig

Biggin & Scott

3.30 10.00

NPD

Gary Peer

POA

MW ONE

2BR

12.00

POA

MW ONE

5BR

3.00

1.65M-1.815M

RT Edgar

2 Wannon Ct

4BR

2.30

POA

Marshall White

7D Woorigoleen Rd

3BR

10.30

POA

Marshall White

WEEKEND OPEN FOR INSPECTIONS Houses and Apartments *

53 Barrett St

2BR

2.00

POA

Cayzer

19 Moorhouse St

5BR

11.30

POA

Jellis Craig

959 High St*

3BR

2.00

POA

Marshall White

ARMADALE

Kay & Burton

4BR

11.30

5BR

1.15

POA

Marshall White

1BR

1.00

320

Lucas RE

3BR

10.45

POA

Marshall White

3BR

10.45

800-880 Nelson Alexander

FITZROY 187a Victoria Pd

1.1M-1.2M Nelson Alexander

10 Beatrice St

5BR

1.30

POA

Marshall White

4 Rix St

4BR

1.00

POA

Marshall White

39 Hawthorn Gr

5BR

10.45

POA

Marshall White

6 Kooyongkoot Rd

5BR

3.00

NPD

Kay & Burton

KEW 28 Rowland St

5BR

12.15

POA

Jellis Craig

45 Moleswort St*

4BR

2.30

POA

Jellis Craig

55 Argyle Rd

5BR

2.00

POA

Jellis Craig

MALVERN EAST 18 Bent St

3BR

11.00

POA

Marshall White

56 Clarence St

5BR

12.00

NPD

Kay & Burton

66 Ardrie St

5BR

2.00

POA

Jellis Craig

MIDDLE PARK 248 Beaconsfield Pd

5BR

12.15

POA

Marshall White

64 Harold St

4BR

2.00

NPD

Greg Hocking

64 Nimmo St

5BR

12.00

NPD

Kay & Burton

18/184 Albert Rd

4BR

1.00

POA

Marshall White

240 Moray St

3BR

1.00

NPD

Greg Hocking

4BR

2.00

POA

RT Edgar

4BR

12.30

NPD

Gary Peer

SOUTH YARRA ST KILDA EAST 22 Lynedoch Av

3.00

TOORAK 4BR

1.30

POA

Marshall White

BRIGHTON EAST 5BR

10.15

POA

Marshall White

CAMBERWELL 5BR

3.45

4BR

10.00

POA

Marshall White

CARLTON NORTH 76 Garton St

7a Joyce St

47 Kensington Rd

BRIGHTON 70 Esplanade

NPD

SOUTH MELBOURNE

ALBERT PARK

19 Waterloo St

KEW

POA

TOORAK

58b Baird St

HIGHETT

1.00

SURREY HILLS

75a Primrose St

Noel Jones

3BR

ST KILDA EAST

72 Rossmoyne St

11.00

HAWTHORN

SOUTH YARRA

4/9 Middlesex Rd*

1.00

GLEN IRIS

SOUTH MELBOURNE

1/11 Rockley Rd*

4BR

DOCKLANDS

3 Fraser St

1.18M-1.28M Nelson Alexander

Marshall White

45 Campbell Rd

154 Mary St

3.30

POA

690-750 Nelson Alexander

DEEPDENE

4BR

2M-2.2M

10.30

371 Wellington St

54 Cooper St

1.00

3BR

PRAHRAN

THORNBURY

10.30

CAULFIELD NORTH 1/7 Orrong Cr*

1.4M-1.5M Nelson Alexander

3BR

Collins Simms, sits in the coveted Northcote High school zone.

OAK PARK

2.00

4BR

1.5M-1.65M Nelson Alexander

3BR

4BR

11 Netherlee St

1.00

3BR

18 Clydebank Rd

11 Viewbank Rd

4BR

20 Candy St

780-850 Nelson Alexander

GLEN IRIS

This trendy warehouse conversion in Brunswick East, listed by

110 Charles St

1.30

22 Noyes St

Agent

NORTHCOTE

3BR

10/39 Riversdale Rd*

Sat Sun Price $000s

840-890 Nelson Alexander

NORTH MELBOURNE

11b Woodvale Gr*

59 Becket St

Beds

MOONEE PONDS 19 Norfolk St

19 Neil Ct

10 Tarwarri Pl

Address

MALVERN EAST

44 Moonee St

122 Victoria St

Agent

16 Evandale Rd

20 Myross Av

13 Sunlight Cr

Sat Sun Price $000s

MELBOURNE

ASCOT VALE

5 Boyle St

Beds

MALVERN

ABBOTSFORD 32 Albert St

Address

S U N DAY

3M-3.25M Nelson Alexander

15A Woodside Cr

3BR

12.00

POA

RT Edgar

19 Albany Rd

4BR

1.00

POA

RT Edgar

19 Clendon Rd

4BR

4.00

POA

Marshall White

2/212A Kooyong Rd*

3BR

11.00

NPD

Kay & Burton

20 Balmerino Av

3BR

1.00

POA

RT Edgar

4 Heyington Pl

4BR

11.00

NPD

Kay & Burton

4A Burnie St

4BR

2.00

POA

RT Edgar

SPH, 40 Mathoura Rd*

3BR

10.45

POA

Marshall White

*Denotes unit / townhouse / apartments

DOM A IN

ALBERT PARK

64 Nimmo Street Middle Park

EXPRESSIONS OF INTEREST

4.5

CONTACT

VIEWING

kayburton.com.au DOM A IN

ALBERT PARK

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Australiaâ&#x20AC;&#x2122;s home of property. 14

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ALBERT PARK

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ALBERT PARK

ALBERT PARK 7 O’Grady Street

AUCTION TODAY

SENSATIONAL SPACE AND QUALITY IN THE HEART OF ALBERT PARK Totally transformed beyond its classic Victorian façade, this delightful home oﬀers a wonderful lifestyle with high end quality and natural light, Euro laundry, heating and zoned cooling, security system, polished timber ﬂoors and a premium Bayside location.

• Additional internal garden, full-width deck • Upstairs main bedroom with ensuite and private deck, third bedroom • Double garage via Little O’Grady Street at rear

• Classic Victorian façade • 272m2 allotment (approx.) • Flexible 3/4 bedroom, 2 bathroom layout • Ground ﬂoor featuring a ﬁreside lounge • Sleek, open-plan kitchen View Sat 1.30-2pm Auction Saturday 30 March at 2pm Contact Michael Szulc 0417 122 809 Simon Carruthers 0438 811 601

ALBERT PARK 53 BARRETT STREET

EXCEPTIONAL OPPORTUNITY Perfectly positioned in one of Albert Park’s most tightly held tree-lined streets, this charming Victorian comprises: Two double bedrooms, spacious light-ﬁlled living and dining room, kitchen with glazed aspect to North facing paved courtyard. Car access from Barrett lane. • Two street frontages • In good condition, yet oﬀers an outstanding opportunity for further improvement (STCA) • AAA location close to Victoria Avenue, beach, Gasworks, schools and public transport View

Sat 2-2.30pm, Tues & Thurs 12.45-1.15pm Saturday 6 April at 1pm Auction Simon Carruthers 0438 811 601 Contact Michael Szulc 0417 122 809 Jason De Stefano 0413 292 666

Albert Park 03 9699 5999 16

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Port Melbourne 03 9646 0812

MIDDLE PARK 352 Danks Street

GRAND FAMILY HOME, PERMIT APPROVED FOR NEW YORK STYLE WAREHOUSE Magniﬁcent two-story family residence set on approx. 526 sqm of land surrounded by lush gardens. • Five bedrooms and three bathrooms • Separate elegant dining room • Well equipped new kitchen, stone benchtops • Delightful large open plan family room • Garden with alfresco entertaining area • Permit approved for three bedroom warehouse and inground pool

For Sale View Sat 1-1.30pm or by appointment Contact Andrew Turner 0408 211 281 Geoﬀ Cayzer 9690 9782

cayzer.com.au

ALBERT PARK

MIDDLE PARK 102 Armstrong Street

Get in the know, before you bid

WORTH WAITING FOR! Free-standing, double fronted home with a frontage of approx. 12 metres. Offers outstanding scope to renovate/extend if desired (STCA). Light-filled formal dining/ sitting room (OFP) to north-facing paved courtyard. 50 metres to Middle Park beach, short stroll to Armstrong Street shops. Car parking via front crossover. For Sale View Sat 12.45-1.15pm, Tues 12-12.30pm & Thurs 1.30-2pm Contact Simon Carruthers 0438 811 601 Geoff Cayzer 9690 9782 Jordan Gravestein 0448 250 193 Albert Park 03 9699 5999

Port Melbourne 03 9646 0812

cayzer.com.au

Australia’s home of property.

GREG HOCKING HOLDSWORTH

64 Harold Street, Middle Park This stunning architecturally designed home offers subtle sophistication set on approximately 450sqm of private landscaped gardens and courtyards with a swimming pool as its focal point. All but rebuilt to the highest standards, no expense has been spared in this exquisite, award-winning, 4 bedroom, 3 bathroom design by Coy Yiontis Architects.

www.64haroldstreetmiddlepark.com.au

Albert Park 8644 5500

Auction Inspect Contact

A4 B3

240 Moray Street, South Melbourne

Sat 13th April at 11.30am Sat 2-2.30pm Wed 6.30-7pm Simon Gowling 0422 234 644 Greg Hocking 0418 329 961 Max Mercuri 0431 043 723

Masterfully designed to maximise natural light, this inner city residence provides ingenious family living. Features open plan living, stainless steel kitchen with Smeg appliances, multi level lightwell with maneuverable roof, main bedroom with private balcony, walk in robes and ensuite, two additional bedrooms, flexible study and living space, bathroom with rain shower, garage with laundry facilities and excellent storage.

A3 B2 C1 D1 Auction Price Inspect Contact

Sat 6th April at 12.30pm $1,300,000 - $1,400,000 Sat 1-1.30pm Wed 5.30-6pm Callum Richardson 0488 504 889 Peter Zervas 0405 682 173

www.240moraystreetsouthmelbourne.com.au

greghocking.com.au DOM A IN

ABBOTSFORD - ARMADALE

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704/4 Acacia Place Abbotsford

EXPRESSIONS OF INTEREST VIEWING

CONTACT

kayburton.com.au 18

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Australiaâ&#x20AC;&#x2122;s home of property.

BALWYN - BRIGHTON

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CAMBERWELL

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CARLTON - CLIFTON HILL

1/7 Orrong Crescent Caulfield North

4.5

EXPRESSIONS OF INTEREST

VIEWING CONTACT

Everything you need to find your next home

CONJUNCTIONAL WILSON AGENTS

kayburton.com.au

Australiaâ&#x20AC;&#x2122;s home of property. DOM A IN

ELWOOD

AUCTIoN Saturday

Elwood 1 Moore Street

An Elwood oasis with designer style Plunge into a designer lifestyle in a prized pocket of beachside Elwood with this beautifully renovated 2-bedroom Victorian ﬂaunting exceptional al fresco style. Custom designed to showcase resort style living and entertaining with a plunge pool set in lush gardens. Close to Tennyson Street cafés, Brighton Road tram, parkland and schools. Auction: Sat 30th March 10.00am Guide: Contact Agent Inspect: Sat 9.30-10.00

Contact: Sam Gamon 0425 702 574 Rhianna Hoyle 0408 100 583

Find a home loan before you buy If you’re searching for a home, it’s important to find a home loan that’s right for you before you make an offer. Domain Loan Finder compares rate options from over 35 Australian lenders and our home loan specialists will guide you through the process and negotiate on your behalf to find you a great deal.

Speak with a home loan specialist at domain.com.au/loanfinder Digital Home Loans Pty Ltd (ACN 619 694 156) trading as Domain Loan Finder is a credit representative (Credit Representative Number 500208) of Auscred Services Pty Ltd (ACN 164 638 171), Australian Credit Licence 442372.

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ELWOOD

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EAGLEMONT - FITZROY

14b Somme Parade Edithvale 4 B 2 b 2 C

When only the best will do – pure beachfront luxury! Meticulously crafted, luxury beachfront designed by Jarchitecture, oﬀering unrivaled coastal views & direct beach access. Quiet cul-de-sac position. Expression of Interest Closing Thursday 18th April (unless sold prior) Price $2,400,000 - $2,500,000

Inspect Saturday 10.45 - 11.15am Contact Daniel Wright 0414 788 828 Michelle Cahir 0404 012 654

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Australia’s home of property. 24

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FAIRFIELD

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GLEN IRIS - HAWTHORN

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HAWTHORN

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HAWTHORN

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HAWTHORN

EOI CLOSING THURSDAY 6 Kooyongkoot Road Hawthorn

EXPRESSIONS OF INTEREST

CONTACT

4.5

VIEWING

JELLIS CRAIG

kayburton.com.au DOM A IN

MALVERN - MALVERN EAST

56 Clarence Street Malvern East

5 AUCTION

CONTACT

kayburton.com.au 30

DOM A IN

3.5

MOONEE PONDS - POINT LONSDALE

Auction Sat 6th April at 10.30am

-------------------------

10 Hotham Street MOONEE PONDS price

$1,460,000-1,600,000 Buy Now Private Negotiation

view

Inspections by appointment only

contact

Belinda Fischer 0421 560 140

Can you picture your family here? Built in 1907 this timeless home has all the modern family wishes granted whilst maintaining the unique character and charm from yesteryear. - Brilliant prime family location - Beautifully renovated 4 bedroom ensuite home

- Refrigerated cooling & ducted heating - Private study

- Multiple living zones

- Close to Maribyrnong River Trail

- Spacious & stylish kitchen

- Short stroll to tram 57 & 82

- Light filled interior spaces

- Moonee Ponds train station

- Impressive 11' decorative ceilings & leadlight windows

- Puckle Street & Union Road shops and cafes

- Snuggle by the open fireplace - Timber decked entertainment area

- Short drive to Highpoint Shopping Centre

- Beautiful inground salt water heated pool with water feature

- CBD Airport & Citylink - Near parklands

- Off street parking with garage

- Elite schools

PARKVILLE 20 Wimble Street The captivating faĂ§ade of this Victorian residence reveals rich rewards within from a flexible two-level interior and private garden to a stunning separate self-contained studio & secure rear parking. Includes hydronic heating & air-conditioning.

Inspect Saturday 1.30-2.15pm Or Thursday 12-12.30pm

-------------------------

Contact Nicholas Corby 0418 512 978 Joscelyn Creese 0459 954 331

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286 Queens Parade Fitzroy North

-------------------------

Part of the Marshall White Group

- 17 Solar panels

1098 Heatherton Rd Noble Park Prominent Medical Centre - 1000m2 RGZ First time offered & leased to National tenant, Eastbrooke Medical Centres with current return of $65k PA net. 3yr lease to 2021 plus 3 x 5 year options. Large reception & waiting area, 6 consult rooms, pathology and treatment rooms. Multiple storage & office space. 11 car park plus rear doctors parking. Heart of Noble Park fronting busy Heatherton Rd. Residential Growth Zone which offers high density underlying land value with future versatility. Premium investment opportunity! In-room Auction Wednesday 10th April @ 6.30pm Venue: Sandown Regency Motor Inn - 477 Princes Hwy Noble Park Ray White Noble Park 42 Douglas Street, Noble Park

Allison Grant 0417 377 307

57 Nye Road

Everything you need to find your next home Australiaâ&#x20AC;&#x2122;s home of property.

Surrounded by 2 glorious acres, bordered by renowned vineyards, rolling pasture and stunning Swan Bay, this architecturally designed six bedroom, four bathroom residence is the essence of Bellarine excellence. Wonderful wine, great golf, superb surf and Point Lonsdale cafes all within such easy reach.

View: Saturday 10.30-11.00am

Private Auction: Saturday 13th April Contact: Emma Pierson 0409 182 310 Jock Langley 0419 530 008 Office 9864 5300

abercrombys.com.au DOM A IN

PRAHRAN - ST KILDA EAST

GaryPeer.com.au

Auction this Sunday 3:30pm

22 Lynedoch Avenue, St Kilda East

Family perfection in a prized location 22LynedochAvenueStKildaEast.com

DOM A IN

This grand scale family focused residence showcasing impeccable quality & presenting an astonishing amount of space is an oasis of contemporary style. Boasting a flexible floorplan, this fabulous home features a formal lounge/ dining room with access to two courtyards, a gourmet kitchen & an expansive casual living/dining domain opening out to a garden, heated pool & two decked areas for spectacular indoor-outdoor living & entertaining.

4/5

Auction Sun 31 Mar 3:30pm

Inspect

Sat 12:30-1:00pm Sun from 3:00pm

Contact

Darren Krongold Sally Zelman Daniel Fisher

0438 515 433 0412 294 488 0409 797 560

THORNBURY - TOORAK

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Easily fit property search into your life Kick off your property search by simply starting a shortlist. In just a few taps you can share your shortlist, view upcoming inspections and see what is available or off the market, all in one spot.

Australia’s home of property. DOM A IN

TOORAK

DOM A IN

TOORAK

DOM A IN

TOORAK

28A St Georges Road Toorak 3

3.5

PRIVATE SALE VIEWING CONTACT

2/212A Kooyong Road Toorak 3

3.5

EXPRESSIONS OF INTEREST VIEWING CONTACT

EOI CLOSING TUESDAY kayburton.com.au 36

DOM A IN

TOORAK

4 Heyington Place Toorak 4

EXPRESSIONS OF INTEREST VIEWING

CONTACT

EOI CLOSING TUESDAY 4 Theodore Court Toorak 3

2.5

EXPRESSIONS OF INTEREST VIEWING CONTACT

EOI CLOSING TUESDAY kayburton.com.au DOM A IN

TOORAK

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dŚŝƐ ďĞĂƵƚŝĨƵů ĂŶĚ ĞůĞŐĂŶƚ ĚŽƵďůĞ ƐƚŽƌĞǇ ďƌŝĐŬ ϰ ďĞĚƌŽŽŵ͕ ϰ ďĂƚŚƌŽŽŵ ƌĞƐŝĚĞŶĐĞ ŝƐ Ă ĨĂŵŝůǇ ŚŽŵĞ ŽĨ ĞǆĐĞůůĞŶƚ ƉƌŽƉŽƌƚŝŽŶƐ͕ ǁŝƚŚ ƐƚƵŶŶŝŶŐ ĨŽƌŵĂů ĂŶĚ ŝŶĨŽƌŵĂů ůŝǀŝŶŐ ǌŽŶĞƐ ŽĨĨĞƌŝŶŐ ǀŝĞǁƐ ŽĨ ƚŚĞ ƉƌŝǀĂƚĞ ŐĂƌĚĞŶ ĂŶĚ ŝŶ ŐƌŽƵŶĚ ƉŽŽů͘ ^ŝƚƵĂƚĞĚ ŵŝŶƵƚĞƐ͛ ǁĂůŬ ƚŽ ƚŚĞ zĂƌƌĂ ZŝǀĞƌ͕ dŽŽƌĂŬ sŝůůĂŐĞ ƐŚŽƉƐ ĂŶĚ ƌĞƐƚĂƵƌĂŶƚƐ͕ ƚƌĂŶƐƉŽƌƚ ĂŶĚ DĞůďŽƵƌŶĞ͛Ɛ ĨŝŶĞƐƚ ƉƌŝǀĂƚĞ ƐĐŚŽŽůƐ͘ >ĂŶĚ ƐŝǌĞ ϱϬϬŵϮ ĂƉƉƌŽǆ͘

ĞƐƉŽŬĞ͕ ďĞĂƵƚŝĨƵůůǇ ƌĞŶŽǀĂƚĞĚ ĂŶĚ ĞǆƚĞŶĚĞĚ ůŝŐŚƚ ĨŝůůĞĚ ĨĂŵŝůǇ ƌĞƐŝĚĞŶĐĞ ŽƉĞŶŝŶŐ ƚŽ ǁĞƐƚ ĨĂĐŝŶŐ ƌĞĂƌ ŐĂƌĚĞŶ ǁŝƚŚ ƐĞƉĂƌĂƚĞ ƐĞůĨ ƌĞƐŝĚĞŶĐĞ ŽƉĞŶŝŶŐ ƚŽ ǁĞƐƚ ĨĂĐŝŶŐ ƌĞĂƌ ŐĂƌĚĞŶ ǁŝƚŚ ƐĞƉĂƌĂƚĞ ƐĞůĨͲ ĐŽŶƚĂŝŶĞĚ ĂƉĂƌƚŵĞŶƚ͕ ĨĞĂƚƵƌŝŶŐ ůĂƌŐĞ ŵĂŝŶ ƌŽŽŵƐ ĂŶĚ ĞǆĐĞůůĞŶƚ ƐĞƉĂƌĂƚĞ ĨĂŵŝůǇ ĂĐĐŽŵŵŽĚĂƚŝŽŶ͕ ƐŝƚƵĂƚĞĚ ŝŶ ƚŚŝƐ ŚŝŐŚůǇ ƐŽƵŐŚƚͲ ĂĨƚĞƌ ůŽĐĂƚŝŽŶ ǁŝƚŚŝŶ ƐŚŽƌƚ ƐƚƌŽůů ƚŽ ŚĂƉĞů ^ƚƌĞĞƚ ĂŶĚ dŽŽƌĂŬ sŝůůĂŐĞ͕ ƐĐŚŽŽůƐ͕ ŽŵŽ WĂƌŬ ĂŶĚ ƚƌĂŶƐƉŽƌƚ͘ >ĂŶĚ ϳϭϬŵϮ ĂƉƉƌŽǆ͘ ϰϳŬĞŶƐŝŶŐƚŽŶƌŽĂĚͲƐŽƵƚŚǇĂƌƌĂ͘ĐŽŵ yWZ ^^/KE^ K& /Ed Z ^d DŽŶĚĂǇ ϭϱƚŚ Ɖƌŝů Ăƚ ϭϮ͘ϬϬƉŵ ;hŶůĞƐƐ ^ŽůĚ WƌŝŽƌͿ s/ t ^ĂƚƵƌĚĂǇ Θ dŚƵƌƐĚĂǇ Ϯ͘ϬϬͲϮ͘ϯϬƉŵ :ĞƌĞŵǇ &Žǆ Ϭϰϭϴ ϯϯϵ ϲϱϬ ͮ :ĂĐŬ ĚŐĂƌ ϬϰϮϴ ϮϮϮ ϰϯϬ

ϰĂďƵƌŶŝĞƐƚƌĞĞƚͲƚŽŽƌĂŬ͘ĐŽŵ h d/KE ^ĂƚƵƌĚĂǇ ϲƚŚ Ɖƌŝů Ăƚ ϭϮ͘ϬϬƉŵ ;hŶůĞƐƐ ^ŽůĚ WƌŝŽƌͿ s/ t ^ĂƚƵƌĚĂǇ Θ tĞĚŶĞƐĚĂǇ ϭϮ͘ϬϬͲϭϮ͘ϯϬƉŵ dŝŵ tŝůƐŽŶ Ϭϰϭϵ ϳϮϲ ϳϲϵ ͮ ŶƚŚŽŶǇ 'ƌŝŵǁĂĚĞ Ϭϰϭϴ ϯϴϮ ϮϮϲ 38

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COAST & COUNTRY - TOORAK

$ :RRGVLGH &UHVFHQW 7RRUDN

%DOPHULQR $YHQXH 7RRUDN

^ƚƌŝŬŝŶŐ͕ ĞůĞǀĂƚĞĚ ĂŶĚ ůŝŐŚƚ ĨŝůůĞĚ ŶŽƌƚŚͲǁĞƐƚ ĨĂĐŝŶŐ ĂƌĐŚŝƚĞĐƚƵƌĂůůǇ ĚĞƐŝŐŶĞĚ ƚŽǁŶ ƌĞƐŝĚĞŶĐĞ͕ ďŽĂƐƚŝŶŐ ĞŶŽƌŵŽƵƐ ĂŵŽƵŶƚƐ ŽĨ ŶĂƚƵƌĂů ůŝŐŚƚ͕ ůĞĂĨǇ ŽƵƚůŽŽŬ͕ ĞǆĐĞůůĞŶƚ ĨůŽŽƌ ƉůĂŶ ĂŶĚ ŐƌĞĂƚ ŝŶĚŽŽƌͬŽƵƚĚŽŽƌ ůŝǀŝŶŐ͘ /ĚĞĂůůǇ ƐŝƚƵĂƚĞĚ ŝŶ ƚŚŝƐ ƋƵŝĞƚ ĐƵůͲĚĞͲƐĂĐ ůŽĐĂƚŝŽŶ͕ ǁŝƚŚŝŶ ƐŚŽƌƚ ǁĂůŬ ƚŽ dŽŽƌĂŬ ĂŶĚ ,ĂǁŬƐďƵƌŶ sŝůůĂŐĞ ƐŚŽƉƐ ĂŶĚ ƌĞƐƚĂƵƌĂŶƚƐ͕ ŶĞĂƌďǇ ŽŵŽ WĂƌŬ ĂŶĚ ƚƌĂŶƐƉŽƌƚ͘ >ĂŶĚ ƐŝǌĞ ϮϯϵŵϮ ĂƉƉƌŽǆ͘ ϭϱĂǁŽŽĚƐŝĚĞĐƌĞƐĐĞŶƚͲƚŽŽƌĂŬ͘ĐŽŵ yWZ ^^/KE^ K& /Ed Z ^d &ƌŝĚĂǇ ϭϮƚŚ Ɖƌŝů Ăƚ ϭϮ͘ϬϬƉŵ s/ t ^ĂƚƵƌĚĂǇ Θ dŚƵƌƐĚĂǇ ϭϮ͘ϬϬͲϭϮ͘ϯϬƉŵ :ĞƌĞŵǇ &Žǆ Ϭϰϭϴ ϯϯϵ ϲϱϬ ͮ :ĂĐŬ ĚŐĂƌ ϬϰϮϴ ϮϮϮ ϰϯϬ

tŝƚŚ ĐŝƚǇ ǀŝĞǁƐ ĂŶĚ ƐƵƉĞƌďůǇ ŶĞƐƚůĞĚ ǁŝƚŚŝŶ Ă ŶŽƌƚŚǁĞƐƚ ƉƌŝǀĂƚĞ ŐĂƌĚĞŶ͕ ƚŚŝƐ ĐŚĂƌŵŝŶŐ ĚŽƵďůĞ ƐƚŽƌĞǇ ϯ ďĞĚƌŽŽŵ ŵĂŝƐŽŶĞƚƚĞ ƉƌĞƐĞŶƚƐ Ă ƌĂƌĞ ŽƉƉŽƌƚƵŶŝƚǇ ŝŶ ĂŶ ĞůŝƚĞ ůŽĐĂƚŝŽŶ͘ ^ƵƉĞƌďůǇ ƉŽƐŝƚŝŽŶĞĚ ǁŝƚŚŝŶ ĞĂƐǇ ǁĂůŬŝŶŐ ĚŝƐƚĂŶĐĞ ƚŽ dŽŽƌĂŬ sŝůůĂŐĞ͕ ^ŽƵƚŚ zĂƌƌĂ dĞŶŶŝƐ ůƵď͕ ƉƵďůŝĐ ƚƌĂŶƐƉŽƌƚ͕ ŽŵŽ WĂƌŬ ĂŶĚ 'ůĂŵŽƌŐĂŶ͘ ϮϬďĂůŵĞƌŝŶŽĂǀĞŶƵĞͲƚŽŽƌĂŬ͘ĐŽŵ yWZ ^^/KE^ K& /Ed Z ^d &ƌŝĚĂǇ ϱƚŚ Ɖƌŝů Ăƚ ϭϮ͘ϬϬƉŵ ;hŶůĞƐƐ ^ŽůĚ WƌŝŽƌͿ s/ t ^ĂƚƵƌĚĂǇ Θ dŚƵƌƐĚĂǇ ϭ͘ϬϬͲϭ͘ϯϬƉŵ ŶƚŽŝŶĞƚƚĞ EŝĚŽ Ϭϰϭϵ ϲϱϰ ϴϱϲ ͮ :ĞƌĞŵǇ &Žǆ Ϭϰϭϴ ϯϯϵ ϲϱϬ

260 & 265 Old Moorooduc Road Tuerong 3

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kayburton.com.au DOM A IN

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>K^/E' d,hZ^ z

4XRJXH %OXII $YHQXH )OLQGHUV ƋƵĂůůǇ Ăƚ ŚŽŵĞ ŝŶ dŚĞ ,ĂŵƉƚŽŶƐ ĂƐ ŝƚ ŝƐ ŝŶ ƚŚŝƐ ĞǆĐůƵƐŝǀĞ &ůŝŶĚĞƌƐ ĐƵůͲĚĞͲƐĂĐ͕ ƚŚŝƐ ƐƉĞĐƚĂĐƵůĂƌ ŚŽŵĞ ŽŶ Ă ŚĂůĨ ĂĐƌĞ ;ĂƉƉƌŽǆͿ ƐŚŽǁĐĂƐĞƐ ƵŶŝŶƚĞƌƌƵƉƚĞĚ ƌƵƌĂů ĂŶĚ ďĂǇ ǀŝĞǁƐ ĂŶĚ ŝƐ ŽŶůǇ ŵŽŵĞŶƚƐ ƚŽ ƚŚĞ ďĞĂĐŚ͘ >ƵǆƵƌŝŽƵƐ͕ ǇĞƚ ǁĂƌŵůǇ ǁĞůĐŽŵŝŶŐ͕ ƚŚĞ ĨŝǀĞ ďĞĚƌŽŽŵ ŚŽŵĞ ƐƉĂŶƐ ƚǁŽ ĨůĞǆŝďůĞ ůĞǀĞůƐ͕ ǁŝƚŚ ŝŶĚƵůŐĞŶƚ Ăů ĨƌĞƐĐŽ ŽƉƚŝŽŶƐ ĞŶĐŝƌĐůŝŶŐ ĂŶ ŝŶǀŝƚŝŶŐ ƉŽŽů ĂŶĚ ƐƉĂ͕ ǁŝƚŚ ǁŝĚĞ ƚŝŵďĞƌ ĚĞĐŬƐ ĂŶĚ ƉƌŝǀĂƚĞ ŶŽƌƚŚĞƌŶ ŐĂƌĚĞŶ͘ ŽŵƉƌĞŚĞŶƐŝǀĞůǇ ĂƉƉŽŝŶƚĞĚ͕ ŝƚ ĂůƐŽ ŽĨĨĞƌƐ ĂŝƌͲĐŽŶĚŝƚŝŽŶŝŶŐ͕ ƚǁŽ ĚŽƵďůĞ ŐĂƌĂŐĞƐ͕ ŝŶƚĞƌŶĂů ůŝĨƚ ĂŶĚ ŵƵĐŚ ŵŽƌĞ͘ ƌƚĞĚŐĂƌ͘ĐŽŵ͘ĂƵ yWZ ^^/KE^ K& /Ed Z ^d dŚƵƌƐĚĂǇ ϰƚŚ Ɖƌŝů Ăƚ ϯ͘ϬϬƉŵ ;hŶůĞƐƐ ^ŽůĚ WƌŝŽƌͿ sĞŶĚŽƌ ĨŝŶĂŶĐĞ ĂŶĚ ĨůĞǆŝďůĞ ƚĞƌŵƐ ĂǀĂŝůĂďůĞ ƚŽ ĂƉƉƌŽǀĞĚ ƉƵƌĐŚĂƐĞƌƐ s/ t ^ĂƚƵƌĚĂǇ Θ ^ƵŶĚĂǇ ϭ͘ϬϬͲϭ͘ϯϬƉŵ WĂƵů ƌŵƐƚƌŽŶŐ Ϭϰϭϴ ϲϮϰ ϵϲϮ ͮ DŝĐŚĂĞů WĂƌŬĞƌ ϬϰϮϴ ϱϰϬ ϱϬϬ

3XUYHV 5RDG $UWKXUV 6HDW

3DUN $YHQXH 'D\OHVIRUG

ĞĐĞĂƐĞĚ ƐƚĂƚĞ Ͳ Ăůů ƉƌŽĐĞĞĚƐ ĚĞĚŝĐĂƚĞĚ ƚŽ ĐĂŶĐĞƌ ƉƌĞǀĞŶƚŝŽŶ ĐŚĂƌŝƚŝĞƐ͘ KŶ ϯ͘ϱ ĂĐƌĞƐ ;ĂƉƉƌŽǆͿ ŽĨ ƚƌĂŶƋƵŝů ďƵƐŚ ĞŶǀŝƌŽŶƐ͕ ƚŚŝƐ ĞŶĐŚĂŶƚŝŶŐ ĐŽƚƚĂŐĞ ŽĨĨĞƌƐ ĂŶ ŝĚǇůůŝĐ ĞƐĐĂƉĞ Žƌ ƌĞŶŽǀĂƚŝŽŶ ƉŽƚĞŶƚŝĂů ;^d Ϳ͘ ,ŝŐŚůŝŐŚƚĞĚ ďǇ ĂŶ ŝŶǀŝƚŝŶŐ ůŽƵŶŐĞ ĂŶĚ ĚŝŶŝŶŐ ǁŝƚŚ ĐŽƐǇ ŽƉĞŶ ĨŝƌĞ ĂŶĚ &ƌĞŶĐŚ ĚŽŽƌƐ ƚŽ ƚƌĞĞĚ ƐƵƌƌŽƵŶĚƐ͕ ƐĞƉĂƌĂƚĞ ŬŝƚĐŚĞŶ ǁŝƚŚ ŵĞĂůƐ͕ ƚŚƌĞĞ ďĞĚƌŽŽŵƐ ĂŶĚ Ă ƐƚǇůŝƐŚ ŵŽĚĞƌŶ ďĂƚŚƌŽŽŵ͘

dŽƉŚĂŵ ,ŽƵƐĞ ŝŶ ϮϬϭϵ ǁĂƐ ĂǁĂƌĚĞĚ ϵ͘ϵͬϭϬ ďǇ ŽŽŬŝŶŐ͘ĐŽŵ ďĂƐĞĚ ŽŶ ŐƵĞƐƚ ƌĞǀŝĞǁƐ ĂŶĚ ĂůƐŽ ǀŽƚĞĚ ηϭϭ ŝŶ ƚŚĞ sŝĞǁ ZĞƚƌĞĂƚƐ ƚŽƉ ϱϬ ƵƐƚƌĂůŝĂŶ ZŽŵĂŶƚŝĐ 'ĞƚĂǁĂǇ WƌŽƉĞƌƚŝĞƐ͘ ƌĐŚŝƚĞĐƚƵƌĂůůǇ ĚĞƐŝŐŶĞĚ ŽŶĞ ďĞĚƌŽŽŵ ǀŝůůĂ ƉƌŝǀĂƚĞůǇ ƐŝƚĞĚ ǁŝƚŚŝŶ Ă ƐƚƵŶŶŝŶŐ ŐĂƌĚĞŶ ŵŝŶƵƚĞƐ ĨƌŽŵ ƚŚĞ ĐĞŶƚƌĞ ŽĨ ĂǇůĞƐĨŽƌĚ͘

ƌƚĞĚŐĂƌ͘ĐŽŵ͘ĂƵ h d/KE ^ƵŶĚĂǇ ϭϰƚŚ Ɖƌŝů Ăƚ ϭ͘ϬϬƉŵ ;hŶůĞƐƐ ^ŽůĚ WƌŝŽƌͿ s/ t ^ĂƚƵƌĚĂǇ Θ ^ƵŶĚĂǇ ϭϮ͘ϬϬͲϭϮ͘ϯϬƉŵ ^ĂŵĂŶƚŚĂ DŽĨĨĂƚƚ Ϭϰϯϭ ϳϬϮ ϴϯϴ ͮ ^ĂŵƵĞů DĐEĞŝůĂŐĞ Ϭϰϭϲ ϲϮϳ ϭϭϬ 40

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ƌƚĞĚŐĂƌ͘ĐŽŵ͘ĂƵ yWZ ^^/KE^ K& /Ed Z ^d dƵĞƐĚĂǇ ϯϬƚŚ Ɖƌŝů Ăƚ ϱ͘ϬϬƉŵ ;hŶůĞƐƐ ^ŽůĚ WƌŝŽƌͿ s/ t ^ƵŶĚĂǇ ϭϮ͘ϬϬͲϭϮ͘ϯϬƉŵ ĞǀĞƌůĞǇ ,ŝŐŐƐ Ϭϰϰϴ Ϯϳϭ ϮϮϮ ͮ ZŝĐŬ >ĂŶĚĞƌ ϬϰϬϴ ϱϳϭ ϰϴϱ

COAST & COUNTRY

1RUPDQE\ 5RDG 6RUUHQWR ƌĐŚŝƚĞĐƚ ĚĞƐŝŐŶĞĚ ƚŽ ĐƌĞĂƚĞ ƐƚǇůŝƐŚ ůƵǆƵƌǇ ǁŝƚŚ Ϯ ƐĞůĨ ĐŽŶƚĂŝŶĞĚ ůŝǀŝŶŐ ǌŽŶĞƐ ŝŶ Ă ƵŶŝƚĞĚ ŚŽŵĞ ĞŶǀŝƌŽŶŵĞŶƚ͕ ƚŚŝƐ ĞǆĐůƵƐŝǀĞ ϰ ďĞĚƌŽŽŵ ƉůƵƐ ƐƚƵĚǇ ƌĞƐŝĚĞŶĐĞ ŝƐ ǁŝƚŚŝŶ ƉĂĐĞƐ ŽĨ ƚŚĞ ďĂĐŬ ďĞĂĐŚ ƌŽĐŬ ƉŽŽůƐ ĂŶĚ ƚŽǁŶ ĐĞŶƚƌĞ͘ ŶũŽǇŝŶŐ ϯϲϬ ĚĞŐƌĞĞ ǀŝĞǁƐ ŽǀĞƌ ƚŚĞ ĐŽĂƐƚĂů ƉĂŶŽƌĂŵĂ͕ ƚŚĞ ůĂǇŽƵƚ ďŽĂƐƚƐ Ϯ ƐƉĂĐŝŽƵƐ ůŝǀŝŶŐ ĂƌĞĂƐ ĂŶĚ Ă DŝĞůĞͬ^ŵĞŐ ŬŝƚĐŚĞŶ ǁŝƚŚ ǀĂƐƚ ƐƚŽŶĞ ŝƐůĂŶĚ Ͳ ǁŚŝůĞ ŵƵůƚŝƉůĞ ƐůŝĚŝŶŐ ŐůĂƐƐ ĚŽŽƌƐ ŽƉĞŶ ƚŽ ĂŶ ĂƌƌĂǇ ŽĨ ĚĞĐŬƐ ĂŶĚ ĂŶ ĞǆƉĂŶƐŝǀĞ ŽƵƚĚŽŽƌ ĞŶƚĞƌƚĂŝŶŝŶŐ ĂƌĞĂ͘ &ůŽŽĚĞĚ ŝŶ ƐƵƉĞƌď ŶĂƚƵƌĂů ůŝŐŚƚ ƚŚƌŽƵŐŚŽƵƚ͕ ĂŵŽŶŐ ƚŚĞ ŝŶĐůƵƐŝŽŶƐ ĂƌĞ Ă ƐĞĐŽŶĚ ŬŝƚĐŚĞŶ͕ ϯ͘ϱ ďĂƚŚƌŽŽŵƐ͕ ĨŝƌĞƉůĂĐĞ͕ ĂůĨƌĞƐĐŽ ƐŚŽǁĞƌ͕ ĚŽƵďůĞ ŐĂƌĂŐĞ ĂŶĚ ǁŝŶĞ ĐĞůůĂƌ͘ >ĂŶĚ ƐŝǌĞ ϭϮϬϳƐƋŵ ;ĂƉƉƌŽǆͿ͘ ƌƚĞĚŐĂƌ͘ĐŽŵ͘ĂƵ h d/KE ^ƵŶĚĂǇ ϳƚŚ Ɖƌŝů Ăƚ ϭϮ͘ϬϬƉŵ ;hŶůĞƐƐ ^ŽůĚ WƌŝŽƌͿ s/ t ^ĂƚƵƌĚĂǇ Θ ^ƵŶĚĂǇ ϭϮ͘ϬϬͲϭϮ͘ϯϬƉŵ WĂƚƌŝĐŝĂ ůůŝƐͲ:ŽŶĞƐ ϬϰϬϯ ϭϭϴ ϰϲϬ ͮ /ůǌĞ DŽƌĂŶ Ϭϰϯϵ ϴϰϬ ϱϱϬ

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COAST & COUNTRY

linkpropertymornpen.com.au

BIRREGURRA - WINCHELSEA SOUTH “WARGOONA” - Outstanding Productive Birregurra District Property Close to Lorne, Aireys Inlet, Anglesea and Torquay, 12km Birregurra, 45km Geelong, convenient to Otways. 56 The Shuntoff Grantville

Beds

Baths

Car

This stunning property has expansive views of the Bass Coast and rolling hills to the east. Set on a manageable 2.47 acres approx., the home is contemporary and well-appointed offering 4 bedrooms, 3 bathrooms, study and double lock up garage. There is a solar heated IG pool, solar power, and a separate games room/shed. Offering privacy and seclusion the home is set amongst rolling lawn and a boutique orchard of persimmon apricot and pears. Only a few minutes drive from the shops and beach and commutable distance from Melbourne, this is the ultimate lifestyle property.

Auction Sun 14 April 12:00pm Contact Lisa Fraser-Smith 0400 760 101 Inspect Sat and Sunday 2-2.30 pm

1,276 ACRES / 516 HECTARES – BEEF CATTLE – PRIME LAMBS – LANDBANK – INVESTMENT • Outstanding highly productive, attractive, arable, well drained country featuring highly responsive sandy and volcanic loam soils, mature shelter plantations, improved pastures, excellent fencing, central laneways and abundant water supplies. Delightful outlook to Otways, Mt Gellibrand and surrounds • Substantial well-appointed, light filled BV homestead in an attractive, private established setting • Comprehensive suite of operational improvements. Top class cattleyards, excellent shedding, 3 stand woolshed, sheepyards and horse facilities • "Wargoona" is a blue ribbon farming property offering exceptional investment potential, huge productive versatility and magnificent locality • Information Memorandum available. Inspection by appointment with agents FOR SALE BY EXPRESSIONS OF INTEREST closing Friday 3rd May at 4pm Contact: Michael Stewart 0418 520 467 Brian Wood 0427 131 000 Gerard Bohan 0400 005 541

charlesstewart.com.au

56-60 Bromfield Street, Colac

5231 5400

www.charlesstewart.com.au 89 Thompson Street, Hamilton

03 5571 9400

REVERSION OPPORTUNITY

DARNUM

VARIOUS PROPERTIES – WESTERN VICTORIA 4375AC – 1770HA (APPROX)

To be offered as 5 separate properties

Clarke B Balmoral 1440.59ac – 583ha Linke Gringegalgona 1078.09ac – 436.3ha Willows Melville For Forest 286.64ac – 116ha Stevos Melville For Forest 411.89ac – 166.69ha Palmer Mirranatwa 1157.59ac – 468.47ha All the properties offer significant opportunities for redevelopment and reversion and are located in a range of locations from the Victoria Valley in the heart of the Grampians to the Dundas tablelands between Hamilton and Balmoral.

281 LITTLE MOE RIVER ROAD

Arguably one of the best dairy operations to be marketed in West Gippsland

• Absolute blank canvas ripe for redevelopment • Well balanced with a range of soil types suitable for both cropping and grazing • Located in 650mm + rainfall belt • T To be offered on a ‘stumps in’ basis Remarks:- Strong commodity prices and low existing grazing/ cropping land supply make inspection of these properties a must for those commencing or expanding their agricultural base.

For Sale by Expression of Interest Closing Tuesday April 30th at 1:00pm Inspections strictly by appointment Andrew Dufty

0419842929

240 hectares* of river flats and sandy loam soils in 5 titles. Fantastically located within minutes to the Princes Highway and 110 kms* south east of Melbourne. Some of the notable features of this outstanding property include: • Great balance of summer and winter country • Centrally located 42 stand rotary dairy, 15000 litre vat capacity • Central laneway system servicing 57 paddocks, quality pastures and fencing throughout • Secure water system from the Little Moe River, good shedding • Comfortable 4-bedroom weatherboard home Darnum is renowned as a strong and reliable dairying area due to consistent mean rainfall of 1030mm* per annum, allowing strong carrying capacities. Supported by the townships of Warragul, Yarragon and Darnum. * approx. For more information or a private inspection contact John Patterson on 0413 565 408 Warragul 5623 4744 alexscott.com.au

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COAST & COUNTRY

eldersrealestate.com.au ‘TIMBOON HOUSE’ 320 Old Geelong Road, Camperdown, South West VIC | 3 HA / 7.5 AC • Grand bluestone residence and converted stable accommodation (Circa 1850’s) • Sympathetically renovated with stunning original features and modern comforts • Large established English garden complemented by an expansive lawn area, orchard and stunning mature trees • 2.5 km from the historic town of Camperdown, approximately 1 hour to Geelong, Ballarat and the Great Ocean Road, 2 hours to Melbourne CBD • A beautiful family residence, guest house accommodation or reception venue (STCA) Agents remarks: ‘Timboon House’ is one of the most stunning and beautifully maintained historic lifestyle properties in our region. The main residence along with the stables are in outstanding condition, the surrounds preserved to perfection and there is endless potential to be creative.

Expressions of Interest

Closing Wednesday 24th April, 5.00pm Open for inspection Sat 30th March, 1.00pm – 1.45pm Venue Elders Camperdown Rob Rickard 0407 354 025 Elders Camperdown 03 5593 7500 eldersrealestate.com.au/20495199

Flinders Island, TAS | 13.9 AC

• 13.9 ac of absolute beach frontage to the picturesque Tanners Bay • Comfortable 3 bedroom home set in an established garden setting • Extensive outdoor entertaining area enjoying uninterrupted ocean views • Private boat ramp and hiking trail • Ideally suited to a range of recreational and lifestyle pursuits • Easily accessible via Launceston (35 minute* flight) and Melbourne (1 hour* flight)

For Sale

Inspections by appointment Michelle Hirchfield 0409 151 799 michelle.hirchfield@elders.com.au Elders Tasmania eldersrealestate.com.au/20312403 *Denotes approximately

Get in the know, before you bid Trentham 2160 Trentham Falls Road 21.8Ha (54 Acres)

In the heart of Victoria’s select Macedon Ranges and Spa Country

An outstanding Trentham red volcanic soil small farm vacant acreage in prime location. Ideally suitable for cattle, sheep, horses or most things you may want to grow. Power supply available at property, flat to gently undulating topography, some native trees, cypress/pine trees & excellent sites for building of your dream residence subject to Council permit (STCA). Auction Saturday 13 April at 11am Agent on Site Sat 30 March 3.30-4pm or by appointment

keatings.com.au

Reserve Price $875,000 John Keating 0419 880 444 or Peter Wood 0408 866 774

83 High Street, Woodend

(03) 5427 2999

Everything you need to find your next home Australia’s home of property.

Australia’s home of property. DOM A IN

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One of Australia’s Best Kept Secrets

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DARREN PALMER

Savvy style guide MODERN HOMES

Designer at the right price DOLLARS & SENSE

Understanding the banks

Dreams come true

SUPER SUBURB S LE ADING THE SE ARCH

61 BRAND NEW COMPLETED APARTMENTS

HUGE SAVINGS FOR FIRST HOME BUYERS & WHITE GOODS PACKAGE FOR ALL PURCHASERS

1 BED, 1 BATH, 1 CARPARK $365,000

2 BED, 2 BATH, 1 CARPARK $545,000

• Stunning views of the CBD • Proximity to parks, schools & retail • Easy access to the Eastern Freeway

3 BED, 2 BATH, 2 CARPARK $799,000

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READY TO MOVE IN MARCH 2019! VISIT GARNET DISPLAY APARTMENTS THIS SAT & SUN 12-4PM 164-170 MANNINGHAM ROAD, BULLEEN DAMIAN STONEY 1300 888 770 | GARNETBULLEEN.COM.AU

Actual 1 bedroom kitchen

Artist Impression

A FFO R DA B L E LUXU RY W I T H I N A V I B R A N T N E W CO M M U N I T Y. B o u t i q u e re s i d e n c e s c o n n e c te d to re s o r t s t y l e a m e n i t i e s . M - C i t y w i l l of fe r re s i d e nt s t h e l u x u r i e s of a p o o l , te n n i s c o u r t , B B Q a n d l u s h g a rd e n s a s w e l l a s t h e c o nve n i e n c e of eve r yd a y s h o p p i n g a n d e nte r ta i n m e nt a n c h o re d by Wo o l w o r t h s , K m a r t a n d V i l l a g e C i n e m a s . M - C i t y w i l l b e a l i fe s t y l e d e s t i n a t i o n fo r l o c a l re s i d e nt s a s w e l l a s t h e w i d e r c o m m u n i t y. 1 b e d , 1 b a th $ 3 8 0 , 0 0 0

2 b e d , 2 b a th $ 572 , 0 0 0

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Display suite located at Corner Cambro Rd and Princes Hw y, Clay ton. Open Tuesday — Sunday | 12pm — 4pm | 1300 888 7 70 | M-CIT Y.COM.AU

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ARTIST’S IMPRESSION

A BOTANIC STORY “Melbourne Square continues the city’s tradition of providing grand open parklands and lush green spaces for its people.” Dr Perry Lethlean, FAILA. T.C.L, Landscape Architect

MELBSQUARE.COM.AU 1300 888 770

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2 bedroom - $628,900* 3 bedroom - $946,400* Penthouse - $1,855,800*

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FIRST HOME BUYERS | SPECIAL EDITION |

C OV E R S T O RY B y K ATE NAN CARROW

Searching for the next best thing

EDDIE JIM

eing an aspiring first-home buyer is tough, especially in times of tighter lending and for those who don’t have a credit line with the bank of mum and dad. But falling house prices now provide more bang for buyers’ bucks and today’s search comes with slightly less frenzy than during the boom. The trick for first-home buyers is to search beyond their dream suburbs – yes, it’s painful – and look for the next best thing, remembering that where first-home buyers go, life follows. So here’s a compass twirl of Melbourne’s best options for first-home buyers – north, south, east and west.

Post Office Hotel in Coburg keeps it cool in the new dining hall space.

The south If you like St Kilda, Elwood and Elsternwick, try Mordialloc, Edithvale and Frankston. You will be surprised how good the cafes, transport and beaches are. In Mordialloc, two-bedroom units and apartments within walking distance of the station and beach are still available for below $500,000. Ray White’s Greg Scherwinski, who has been selling in Mordialloc for 30 years, laughs about how young all the locals are now. He says first-home buyers are drawn to the infrastructure, the beach, the creek and the palm trees. And the cute village shopping centre now hums with cafes and bars. “It’s got an Elwood vibe.” He says the recent softening of prices means young buyers can get a larger place for their hard-saved

dollars or they can now look a couple of suburbs closer in. “We’re seeing a lot of that; people who were looking a bit further out can now look two or three suburbs further in,” he says. Further south, Edithvale is the quieter cousin to Frankston or Mordialloc and has a smaller mix of apartments and townhouses below $600,000, but it has its own beautiful beach and wetlands and great access to trains and EastLink. In Frankston, which is undergoing significant government investment and getting livelier by the day, it’s still possible to buy a house for less than $600,000.

“First-home buyers are drawn to the infrastructure,

The north

the beach, the creek and the palm trees.”

If you like Collingwood, Fitzroy and Clifton Hill, try Coburg, Fawkner or Reservoir. Like their slightly southern counterparts, Coburg, Fawkner and Reservoir have an industrial heart and history but they come with more affordable apartments, new medium-density townhouse developments and, particularly in Fawkner, even some houses – it’s a chance to put down roots. Barry Plant agent Marc Romeo says the middle north’s big appeal is the range of properties to choose from. “There are no houses available in Reservoir under $600,000 but first-home buyers have a lot of options with townhouses and apartments. And they’re able to select a bit bigger and a bit better now,” he says.

A little further west in Coburg and Fawkner, there’s great access to Sydney Road’s cafes and bars, and the Merri Creek bike and walking path connects to other suburbs; maybe the ones you were originally dreaming of. If it all sounds a bit like adapting to being a bit further north than you thought, well it is. In Fawkner, it is still possible to buy a house for less than $650,000 (including the occasional 1950s brick ones) and while it’s much tougher in Coburg, there are good townhouses and apartments within first-home buyers’ ranges – including some three-bedroom townhouses for under $600,000.

Mordialloc beach is a real drawcard for those looking to buy in the suburb.

OUR COVER Grey Gardens in Chewton, Victoria. Photography Caitlin Mills; styling Annie Portelli; production Lucy Feagins, The Design Files. Visit greygardens.com.au

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The west

ELIANA SCHOULAL

If you like Yarraville, Seddon and Williamstown, try Maribyrnong, Altona and Spotswood.

Popular Hawthorn Common is in the thick of the action on Burwood Road, close to bustling Glenferrie Road shopping.

Altona was once dismissed as too industrial but today it is appreciated for its village feel. A hop north-east is Spotswood, which has the occasional bargain apartment along with easy access to Yarraville, but buyers may find they get the best choice a little further north in Maribyrnong. This riverside suburb has seen a lot of development over the past decade and Biggin & Scott’s Simon Gray says, as the market has eased, he’s selling to young buyers who had been renting in Kensington or Docklands but now felt they could buy. “We’re selling two-bedroom townhouses in the mid-high $500,000s and apartments anywhere from $400,000-$550,000.” He says the townhouses are popular because they allow buyers to stay put if they have children. The Maribyrnong River, running and cycle tracks and access to Highpoint Shopping Centre are the big drawcards, he says, “and the closer to the tram the stronger the prices”. Back at Altona, there is a lot of medium-density development, with many smart three-bedroom townhouses available for those buyers who can inch towards $700,000 but plenty of smaller properties available below $600,000. The mix of a village centre, train access and a local beach is a winner for buyers. Cafes, like the popular Bezirk, and waterfront bike paths don’t hurt, either.

The east They’ll be a bit less congested and while there are fewer apartments to choose from, you’ll be surrounded by these affluent areas’ top-quality infrastructure. Hawthorn is probably the most popular of the three for younger buyers – Swinburne University and the Glenferrie Road precinct is lively with everything from cheap noodle bars to the cute rooftop bar at the Lido cinema. And the area has many apartments – with about 80 listed on Domain under $600,000 – ranging from old to new. Add great transport links, access to riverside cycling paths and good shopping, and it’s a winner for younger buyers.

Malvern and Caulfield North are similarly prestigious suburbs and, for those first-home buyers with a bit more cash to splash, they offer some great buys. Caulfield North, in particular, has some mid-century gems that are large and stylish with sought-after period features. Those close to Dandenong Road have good tram access but the gems are dotted far and wide. Malvern wins on access to transport and shops but its apartments are harder to find, with slim pickings under $700,000. Some might find Malvern a bit stuffy, but if it’s a nightlife you’re after, Chapel Street and St Kilda are close by and it’s also worth looking in neighbouring Armadale, which has more apartments.

LUIS ENRIQUE ASCUI

If you like South Yarra, Windsor and Richmond, try Hawthorn, Malvern and Caulfield North.

Picturesque Maribyrnong River.

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FIRST HOME BUYERS | SPECIAL EDITION |

MODERN HOMES B y K ATE J O N E S

Eight Homes offers 22 designs in its lifestyle range: Chana, left; Wollert, bottom left; Sakushi, top right, and Coby, bottom right.

Affordable designs open doors for buyers

uilding her very own home has been Sarah Sanderson's dream since she was just 10. Her childhood dream came true this year when she and her five-year-old daughter moved into their fourbedroom home in Cobblebank, near Melton South. “The house is beautiful, it's everything I had dreamed of,” Sanderson says. “We love it.” The first-home buyer spent $219,000 on the house by Eight

A RT I ST I M P R E SS I O N

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Homes. It includes upgrades such as a walk-in pantry and alterations to the laundry, so Sanderson's cat could enjoy some extra space. She also converted the fourth bedroom into a hobby room and a place to indulge her love of restoring antique furniture. But one of Sanderson's favourite spaces is the al fresco area, which is adjacent to the bedroom and provides the perfect space for a morning cup of tea.

“I'd been looking for years and really wanted something versatile so I went to every builder, but this was the one that ticked all the boxes,” she says. Sanderson's home is the Coby, one of 22 designs offered in the lifestyle range by Eight Homes. This range includes single and double-storey designs, all with a focus on floor plans that maximise space. There is also a selection of designs to choose from in the 21 range, which has been created specifically for

“First-home buyers like our streamlined process

smaller land lots. It features eight single-storey and eight doublestorey designs all suited to 21-metredeep lots. All designs by Eight Homes are geared to offer affordability, especially for first and second-home buyers, says state sales manager Luke Veith. “First-home buyers like our streamlined process and price combined with our designs,” he says. “Owning your first home couldn't be easier with Eight Homes – we offer a low deposit of $3888 with nothing to pay until the slab stage.” Veith says Eight Homes gives buyers a fixed-price quote before they receive the contract, which puts many people at ease.

and price combined with our designs.” “We're completely transparent, so you know exactly what you're getting up front so there are no surprises later,” he says. With Melbourne's market turning to favour buyers, first-home buyers are finally finding they have a window of opportunity. House prices dropped 8.4 per cent over the year to the December quarter, eclipsing a 4.1 per cent fall in the year to the December 2011 quarter.

At a glance Eight Homes Viva 2-17 Base price from: $160,900 Exterior width: 11030mm Exterior length: 15820mm

Zui 2-24 Base price from: $228,900 Exterior width: 9830mm Exterior length: 13530mm

Coby 2-24 Base price from: $192,900 Exterior width: 11150mm Exterior length: 22310mm

Tempo 4-29 Base price from: $206,900 Exterior width: 12230mm Exterior length: 24350mm

Chana 4-41 Base price from: $306,900 Exterior width: 12350mm

JOHN DONEGAN

Exterior length: 21950mm

Sarah Sanderson at her dream home in Cobblebank, above.

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FIRST HOME BUYERS | SPECIAL EDITION |

STYLE

B y DARRE N PALM E R

How to make a home A complete bed look You spend a third of your life asleep so you might as well enjoy it. A complete bed look isn’t just getting a good bed cover, though that’s an important start. You should allocate as much of your budget to get your bed looking and feeling as designer and luxurious as possible. Invest in a statement bed or bedhead and at least one set of high-quality fitted and flat sheets. Decorative cushions on the bed tell an important story about style and mood, and the bedcover is the icing on the cake.

An adaptable sofa Here’s a few tips on how to master the adaptable sofa. Don’t get an L-shaped lounge that can only be configured as left or right chaise as that restricts you should you need to move it or move house. If you like that modular look, get a truly modular sofa, one with corner pieces and extension pieces in between. An ottoman in the same fabric and size is a great addition as it can become a temporary coffee table with the addition of a tray. It can also open up an array of configuration choices should you need to change the sofa’s layout.

JESSICA HROMAS

Five things to splurge on in your first property

Allocate as much of your budget to get your bed looking and feeling as luxurious as possible.

SEEING IS BELIEVING 1 Bed From $420k | 2 Bed From $650k 2 Bed + Study From $935k

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DEVELOPMENTS

Actual apartment 8

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Five things to save on in your first property Art Art tells a story, creates a mood and can simply elevate a room. You need to buy art that is in line with your financial situation, but remember that the better the art the more likely it is that it will increase in value. That means buying limited-edition prints or finding paintings by artists you love, or that have an established or emerging good name. Most of all, though, buy art that makes your heart race and makes you feel something. These things give returns that far outweigh the possible financial benefits. Flowers Flowers are a luxury spend purely because they’re not exactly necessary. They will immediately transform a room and add drama, colour and interest. You can style a great room without flowers, and you certainly don’t need to budget for fresh flowers each week. But, if you have a special occasion at home a few bunches of the right flowers in the right places will light up any space.

Lamps You don’t need to splurge on lamps in terms of their cost, but you should invest in lamps for almost every room. You need lamps in lounge rooms to sit on side tables or consoles to give you sculptural impact and nuanced light sources. You need standing lamps next to reading chairs to give purpose and context as well as a functional and directional light source. You need lamps on bedsides for a variation of height and a controllable personal light source for each occupant of the bed. In short, you need lamps in your life.

Rugs Rugs don’t need to be expensive to be good, but they do need to be the right size. Don’t scrimp on the scale of your rug but feel free to buy low cost and synthetic fibre rugs – especially if you have kids and pets – as they’re more robust, easily cleaned and replaceable. Cushions You needn’t splurge on cushions simply because there are many great, cost-effective options in the market. Investing in two or three for a couch and up to three for each of your home’s beds will not break the bank, but they will add a lot of much-needed colour, texture, pattern and interest and can easily be stored away and rotated.

Decor items As with cushions, there are myriad choices for great decor items in the market and they are absolutely necessary to fill out vignettes on coffee tables, consoles, bedsides and shelves, but they don’t need to be expensive to do their job, they just need to work with the mood and colour scheme. Books Shelves need books but if you’re not an avid reader you can visit op shops and buy used books to flesh them out. Coffee table books that are well produced are expensive and I would absolutely recommend investing in one or two that make a big statement. HomeSpace by Darren Palmer

Potted plants Succulents, orchids, cacti and bromeliads all give back more than they cost. A small outlay on small potted plants will give life and interest for a long time.

(Murdoch Books, RRP $39.99). For more style tips from interior guru Darren Palmer visit: domain.com.au/living/design

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Artist impression

The best place for your first place is Burwood Brickworks.

The Garden Apartments at Burwood Brickworks offer modern design and the perfect lifestyle balance. With an abundance of amenity, cross the vibrant urban plaza to enjoy a plethora of cafÃ©s and restaurants, shop in an entirely sustainable shopping centre, visit the 2000sqm rooftop urban farm and relax in 2.5 hectares of green space. This is a lifestyle precinct like no other. 90% SOLD AFFORDABLE ENTRY POINTS WITH PRICES STARTING FROM $390,000 FOR ONE BEDROOM RESIDENCES AND $520,000 FOR TWO BEDROOM RESIDENCES THOUGHTFULLY DESIGNED FLOORPLANS MAXIMISE LIGHT AND VIEWS

Call 13 38 38 or visit BurwoodBrickworks.com.au

Prices and availability subject to change without notice. Purchasers should rely on their own enquiries and the Contract for Sale. Images are indicative/artists impressions and are conceptual only.

FIRST HOME BUYERS | SPECIAL EDITION |

GREEN LIGHT FOR LIFEST YLE B y K ATE FARRE LLY

Sustainable and affordable with lifestyle convenience – the Burwood Brickworks has everything first-home buyers are looking for.

Burwood Brickworks

hen it comes to buying your first home in Australia’s most cosmopolitan city, you’d be forgiven for thinking you’ll have to compromise on location to meet your budget. And with Melbourne’s inner east currently sporting the city’s highest median apartment price at $608,088, you may have thought the best developments were out of reach for first-home buyers. But with one-bedroom apartments starting at $390,000 and twobedders at $520,000, first-time purchasers have already snapped up 24 apartments in new Burwood development Burwood Brickworks’ first release, and are expected to be front and centre for the second release of apartments in early 2020. “It’s an affordable starting point for first-home buyers,” says Sarah Bloom, general manager of residential Victoria at Frasers Property Australia. “The feedback we’ve been getting is that Burwood Brickworks offers a great entry point into an established market.

At the lower price points, there’s the option for a one-bedroom or twobedroom apartment, and first-home buyers can get the grant and buy within their existing locale.” Set in an inner-ring suburb that’s well serviced by transport, Burwood Brickworks will include apartments across six buildings, semi-detached and freestanding houses, a small number of vacant lots, 2.5 hectares of open parkland and a retail centre anticipated to be the world’s most sustainable shopping centre.

Bloom says the development is popular with local owner-occupiers who want to stay in a suburb they know and love and take advantage of both existing infrastructure and the additional amenity to be introduced by Burwood Brickworks. “The combination of parkland and a retail centre that will include cafes, restaurants, a cinema and prominent retail chains means everything you need is on your doorstep,” says Bloom.

“We’ve been awarded a 6-Star Green Star Communities rating, and walkability is a key element of that,” she says. “By virtue of the integrated nature of the development residents will be able to walk across the urban plaza to the retail centre for their shopping and entertainment needs.” Burwood Brickworks’ focus on sustainability is another drawcard for first home buyers. Dwellings will optimise sunlight and views and deliver cost-saving efficiencies through renewable energy sources, while an urban farm and greenhouse will top the retail centre. Dr Stephen White, CSIRO’s Energy Efficiency Domain Leader, says the appeal of sustainability is “a bit of a no-brainer”. “You get a more comfortable house to live in so who wouldn’t want that?” he says. “When we look at the sorts of things people are looking for, they want good natural daylight, good ventilation, to be naturally warm in winter and cool in summer where you don’t have to run the airconditioning all the time.” A national survey conducted by White revealed that 67 per cent of respondents would like an energy efficient home, and their inclination to purchase a property strengthened when the sustainable features of a home were well-documented. The benefits to first home buyers include a reduction in power bills, a sense of contributing to the health of the planet and the chance to live in healthier homes. “The younger generation is more attuned to the idea of sustainability, they’re more conscious of the environment,” says Bloom. “So they’re excited by the concept of the shopping centre which will truly be a world first and a real destination in its own right. It’s a very attractive component, particularly when you’re living in an apartment as a millennial. They like eating out; they like being in close proximity to all that rich amenity.” burwoodbrickworks.com.au

IN PARTNERSHIP WITH

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FIRST HOME BUYERS | SPECIAL EDITION |

DEVELOPMENT SPOTLIGHT

The future of urban village living

ast Brunswick Village, a forthcoming master-planned project just six kilometres from the CBD, is designed to appeal to first-time home buyers who love the location and lifestyle of Melbourne’s trendy inner north. “The culture and vibrancy of East Brunswick is a natural fit for firsthome buyers, who have often spent several years renting and sharehousing in the inner north,” says Mario LoGiudice, director of East Brunswick Village (EBV) developer Banco Group. “We want people to be able to live where and how they want to live, and we believe what we’re offering at East Brunswick Village enables this.” Located on Nicholson Street, EBV will comprise mid-rise buildings, each with only five or six storeys. But LoGiudice says EBV is “so much more than apartments” – tree-lined walkways and a bike path will run through the precinct, linking EBV to the amenities of wider Brunswick and Brunswick East. A retail hub and restaurant alley will serve as a place for EBV residents and the public to gather. The retail offerings include a marketstyle Coles supermarket, artisan bakery, chemist, yoga studio, health spa, bike repair store and cafes. And residents will have access to 2300 square metres of shared communal spaces – such as vegetable

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gardens, a library, games room and rooftop barbecue area – intended to encourage interaction, giving the development a village-like feel. “We are creating a village that incorporates all the benefits of Melbourne’s best inner-city communities,” Lo Giudice says.

“I think of EBV as a microcosm of East Brunswick. It’s exciting, it’s creative, it’s diverse, and Brunswick is like that too – it’s one of Melbourne’s most inspiring and liveable suburbs.” Younger generations of home buyers are particularly interested in

reducing their carbon footprint and protecting the environment, says LoGuidice, so EBV has made sustainability a design priority. Each building will aim to achieve a 7.5star rating from the Nationwide House Energy Rating Scheme (NatHERS). The master-plan also includes a number of initiatives designed to reduce greenhouse gas emissions and help residents save on their energy bills. Residents will have solar panels on the roof of each building, plus double-glazed windows, rainwater tanks, electric car charging stations and a food-waste recycling program. EBV will have one, two and threebedroom apartments available, all with unusually high ceilings and an interiors palette that continues the theme of bluestone and recycled timber. Construction on the site has already commenced, with stage one expected to be completed late this year. “We think well-thought-out urban villages like EBV are the future of urban living, and we’re not talking about the distant future; we’re talking in the next two, or five or 10 years’ time,” says LoGuidice. “First-home buyers want to live well, they want to live healthy and happy lives in a place they can call home, and we think that place is EBV.” IN PARTNERSHIP WITH

FIRST HOME BUYERS | SPECIAL EDITION |

DOLL ARS & SENSE B y DANIE L B UTKOVICH

f you’re a first-home buyer, your budget will be based on how much money you can borrow, so it’s wise to speak to a bank, lender or mortgage broker at the beginning of your home-buying journey. Even if you don’t have a lot of money saved, they will be able to advise on how much you need for a deposit for the kind of properties you are interested in, giving you a goal. Lenders can also help you realign your expectations, as your ideal suburb or property type may be more expensive than you can afford.

How much can I borrow? Lenders calculate a maximum loan amount based on your income, savings, assets, expenses and credit history.

Although lenders will tell you the maximum amount you can borrow, this doesn’t necessarily mean you should borrow up to your limit, because mortgage repayments are higher for bigger loans. Compare your after-tax income with your estimated ownership costs, as well as general household expenses, such as groceries, bills, transport, schooling and leisure. If there is only a small amount left over for non-essential purchases like dining out or holidays, you might want to consider a smaller loan. Alternatively, think about whether you can cut back on expenses and live more frugally as a home owner until your income rises.

How much do I need for a deposit? ISTOCK

Set a first-home buyer budget

It’s wise to “stress test” your finances before committing to a large loan. Ask your lender what your repayments would be if interest rates rose by 2 per cent, and calculate how much money you would need to have set aside to make your mortgage repayments for a few months if you lost your job. Being ready for the worst will ensure you land safely on your feet if or when it does happen. Tip: Closing credit card accounts or reducing credit limits can boost your borrowing capacity.

The deposit is the amount of money you contribute from your savings towards the purchase. The typical deposit is 20 per cent of the purchase price, although it’s possible to buy a home with a deposit as low as 5 per cent. Buying with a larger deposit allows you to take out a smaller loan with smaller repayments, and you’ll generally get a better interest rate. A bigger deposit also means you’ll start your home-ownership journey with more equity, which is important when it comes time to upgrade further down the track. If your deposit is less than 20 per cent, you may have to pay lender’s mortgage insurance (LMI). This protects lenders in case you default on your loan. The cost is generally added to your loan as a lump sum, but you’ll also pay interest on that amount over the life of the loan.

Tip: In a rising market, it may be more economical to pay LMI rather than wait and save the full 20 per cent, because property prices might increase faster than you can save.

How do I save faster? Saving a property deposit has never been easy and requires discipline, usually at a time when you’re finally earning a decent salary and have more money to spend. The first thing you need is a goal. Once you have determined how much you need for a deposit, research any government incentives that could give you a boost. Transferring money to a highinterest savings account that is separate from your everyday account makes it a little bit harder to access that money, meaning you won’t be as tempted to take it back out again. Having a set portion of your salary paid into this account gives you a clear idea of how much you are saving, and further reduces temptation. Also think about ways you can increase your income to save faster. Tip: Write a list of all your small monthly expenses, including eating out, takeaway coffees, drinks at the pub and entertainment. Cutting back on spending here can save you hundreds of dollars a month. Daniel Butkovich is Domain’s National Advice Editor. This information is general in nature and does not take personal financial circumstances into account, and you should seek advice for your own situation.

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FIRST HOME BUYERS | SPECIAL EDITION |

CELEBRIT Y HOMES B y AM E LIA BARN E S

For first-home buyers from all walks of life, the decision to buy is life-changing. These household names explain how they scrimped and sacrificed to secure the keys to their very first home, and share their advice.

RAY MESSNER

STEVE BROWN

CHANNEL NINE

‘I had to make a lifestyle change’

Adam Liaw

Shaynna Blaze

Matt Wilson

Cook and author

Interior and homewares designer

Neighbours actor and Mazda ambassador

Liaw first entered the property market in his home town of Adelaide as a recent law graduate. The year was 1999 and he had saved enough to buy an inner-city terrace. Renovations were necessary before moving in just to bring it up to a liveable state. “It was a bit of a death trap when we moved in there, to be honest,” Liaw says. Liaw lived in the house with friends who rented off him while he paid the mortgage. He jokes: “Rather than blowing all my cash on fun things, I thought I should debilitate myself with a mortgage. “The romance of having a mortgage wasn’t the most fun thing in the world for a 21-year-old guy. I wasn’t making a lot of money at that point, so a fair chunk was going into paying a mortgage.” Liaw sold the property after two years for about $215,000 – an approximate $80,000 return. “I think your first house is a lot more about numbers than it is about emotion,” Liaw says.

While she’s best known for her house flipping and styling advice on The Block and Selling Houses Australia, Shaynna Blaze’s own property history is surprisingly limited, having lived in the first home that she bought in 1987 for almost 15 years. The property was a suburban cottage with a ’70s interior including tacky wallpaper and dated carpet. While it wasn’t perfect, Blaze saw its potential. “Trying to find [the right] price point was our big motivator, and that was literally the only place,” she says. Blaze went on to renovate the home in stages, adding practical details when financially possible such as wardrobes, a laundry and updating the kitchen. “I put on a very big deck on the back part of it. We sat out there every night and watched the sunset, it was so divine,” she says. “My kids have got the best memories there.”

The experience of buying a home is far more recent for Wilson, having just signed the papers for a Mornington Peninsula property in early March. While initially hesitant to buy so far from work in Melbourne, Wilson was persuaded to move by veteran Neighbours star and Mornington Peninsula resident Ryan Moloney. “It’s absolutely perfect for myself and my wife. We love the location and everything that’s around it.” Wilson and his wife Jessica had been carefully budgeting in the lead-up to buying while keeping a close eye on the changing market. “I had to make a lifestyle change to nestle down and start saving. But my now-wife, she works in finance, so she assigned me a budget and allocated nearly every single dollar. Once you’ve got that in place ... it’s pretty easy to save then,” he says. His advice to other budding home owners is to thoroughly research areas you’re interested in.

Home is

Artist impression

not a place 14

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FIRST HOME BUYERS | SPECIAL EDITION |

A DV I C E

B y DANIE L B UTKOVICH

DG FRANK MAIORANA

Price and location Working out your budget by speaking to a lender or broker is the first step in the process, according to First Home Buyer Buddy co-founder Lisa Baxter. “That’s then going to determine what kind of property you can buy,” she says. Baxter recommends creating a list of needs, wants and non-negotiables in your ideal home, minimising time wasted inspecting unsuitable properties. These two steps will reveal which areas have houses within your price range, and suburbs available if you target apartments. Properties closer to the city centre cost more because proximity to highincome employment is a key factor that affects values. Apartments are often concentrated in inner-ring suburbs, near train lines or close to shopping hubs, while outer suburbs are more likely to have houses within first-home buyer budgets. Access to lifestyle attractions and employment are major factors for first-home buyers, according to

more adaptable for young families, who quickly grow out of apartments, according to Baxter. “Generally people will stay in houses a little longer than they will in an apartment or townhouse.”

ouse or apartment? That’s the choice faced by many firsttime buyers. But the decision between these two types of properties is often actually about location and budget. In most areas, apartments are much cheaper than houses, but prices vary across cities. Your budget might afford a spacious three-bedroom house in some suburbs, but in others it might only buy you a tiny onebedroom apartment.

The choice is yours buyer’s agent Lauren Goudy from Rose and Jones. “If you can afford an apartment in a better location than a house, it’s definitely worth considering,” she says. Buyers who don’t need a large house and yard, Goudy says, will be better off buying a well-located apartment due to strong price growth in sought-after areas. Banks sometimes have stricter lending policies for apartments in high-density areas, according to First Home Buyers Australia director Taj Singh. “Some of the lenders will actually blacklist certain suburbs where they’ve either lent too much or they feel the suburbs are going to see an oversupply in apartments.”

Typically, this means larger deposits of up to 30 per cent are required, but restrictions don’t usually affect houses. Practicalities and planning Owners of houses are responsible for maintaining the building, gardens and lawns on the block. Apartments suit time-poor buyers because owners corporations maintain common property. Houses usually have higher council rates and insurance, and cost more to heat and cool. Apartments have strata fees that cover management of the complex, including shared facilities such as pools or gyms. Proximity to neighbours means privacy and noise can be issues for apartment dwellers, while houses are

Artist impression

Land and development The key benefit of owning a house is actually the land underneath it, because land appreciates in value as the population increases. Buildings, on the other hand, depreciate through wear and tear, and need to be constantly maintained or replaced. Houses have greater potential because renovations, extensions or a rebuild can enhance the property value of the property. Apartment owners share in the land their complex occupies, and it’s not possible to extend or rebuild but you can renovate cosmetically. In-between options To balance size and affordability, consider a townhouse, duplex or villa. Normally attached on one or more sides and sometimes strata titled, these options are cheaper than free-standing houses. Singh says lenders view townhouses more favourably than units. “Some townhouses actually give you your own block of land and while they are subject to strata fees, they’re nowhere near as high as units.” Daniel Butkovich is Domain’s National Advice Editor. Want to know more? Get the inside word at domain.com.au/advice

Eight Exemplary Homes. No.1 Bryson Avenue, Brighton. onebryson.com.au Justin Follett — 0405 996 822 Emma Coleman — 0459 996 822

it’s a

Display Suite at Follett & Co. 274 Bay Street, Brighton

feeling. DOM A IN

FIRST HOME BUYERS | SPECIAL EDITION |

ON THE BOOKSHELF Wo r d s b y E MILY P OWE R

Why good things come in packages

STOCKSY

ou have your deposit, or are well on the way, but what should you buy? Can you have capital growth and lifestyle? Both are achievable, but it’s important to accept that waiting for a new-found area to flourish around you is essential. Enter the idea of “rightsizing”. This is property parlance for buying the most appropriately sized home for your stage of life. It was coined as an alternative phrase to “downsizing”. But it should also become the mantra of the first-home buyer. Right-sizing, says Sally Capp, now Melbourne lord mayor and former executive director of the Victorian division of the Property Council of Australia, “is about transition, not about downgrading your life or your

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accommodation”. There are more rungs on the property ladder now than there used to be, Capp says, compared to the era in which our parents were buying. Then, they likely purchased the home where they would raise children and remain for decades to come. Where you work is still a leading criterion for deciding where to buy, rather than how many children you might have, or getting a “footprint” in a leafy suburb where you aspire to live in a decade. Hand in hand with that is prioritising education (your future children’s schooling), medical services, libraries and familyfriendly parks. These could all be considerations for life’s next phase. But for the complete package, now, more buyers are looking to purchase ...

ENQUIRE 9 822 9000 C ONNEC T @ FA SHAM. C OM. AU FA SHA M. C O M. AU

A house-and-land package Must have: A realistic time frame for infrastructure, such as schools, transport and shopping, to be dripfed into the new estate, making living in this developing area easy and enjoyable. Why? This is the most affordable way to buy a house that meets your criteria with fewer size and design compromises, and five-figure national grants for first-home buyers who build or buy new. There are positives and pitfalls to buying on the urban lip; the cookiecutter, Legoland approach of these projects has evolved, and these days there are environmentally friendly builds designed by leading architects, some along the coast, as well as the ever-popular zones on the outskirts of cities. The property spruik “Just a short stroll to ... ” has never carried more weight. Even the Heart

Foundation is weighing into the planning stage of these communities, sharing guidelines to help make these growth zones – sometimes called “greenfield estates” – more phys-ed friendly. This is a positive step because new estates have long been mired in the need for cars. Research by RMIT has found that good planning and design requirements for new estates are well-connected bike and walking paths, public transport connections and destinations where residents can meet. So, you don’t need to live close to the city to get a daily dose of exercise and relish verdant spaces. But you should look at the amenities on offer, such as parks, cafes, football ovals, schools, public transport and shops. Community groups exist in these new estates to advocate for better amenities.

This is an edited extract from How to Buy a Home: From Debt to a Deposit, by Emily Power. Published by Penguin Books, RRP $29.99

Get in touch with them during your search and find out what the developer has promised that has been delivered, and what has been delayed or overlooked. You can also contact your state’s planning department to check the status of amenities that the developer and government are promising for your chosen housing estate. You may buy the house already constructed, from a selection of designs, or buy the plot of land and wait for the property to be built. A technical difference between buying an established home

and a house-and-land bundle is the way the mortgage is configured. With an established home, you’ll have a single loan, but with a package deal, you’ll take out a separate construction loan, paid to you in increments, to pay for each stage of the build of your dream home. In some cases, these loans can be rolled into one. First-home buyers can also score a grant, and/or stamp duty savings. Be mindful that if you’re eligible for a low-deposit deal by a housing estate developer that sale contracts have been known to be offered to firsthome buyers for as little as a $2000 deposit – you will need to be certain that you can make the repayments, and budgeting ahead is smart. Just because you can buy inexpensively doesn’t mean repaying this house over the next three decades is going to be a walk in the master-planned park.

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