Spring 2011 Property Guide Issue 108
MARKET REPORT
Well it’s spring time in Victoria and we can hardly believe Christmas is just around the corner. In the world of Real Estate we are often heard saying that it’s never dull and from the winter activity we have seen and judging from the level of current enquiry, this again rings true for the upcoming spring into summer seasons.
Around the globe it appears that a second GFC type event may be inevitable and whilst stock markets display never before seen volatility, the Australian dream of owning your own patch of dirt is again at the forefront of investors and occupiers visions alike. If you believe what you read and hear in the media that the dream is becoming more and more remote for many Australians, at Compton Green we continue to be pleasantly surprised by the level of enquiry and number of people seeking to secure a property in the inner west of Melbourne. With banks having recently displayed signs of easing the pain on borrowers by reducing fixed rates on their respective products, we are additionally encouraged by the responsibility shown by the RBA by holding rates. This move promotes confidence in those seeking borrowings to secure the property they desire. This of course has also been fuelled by the banks and independent lenders, eager to gain market share through their attempts to sway you from your current institution.
At Compton Green we are about to introduce some of the most significant changes to the business that it has seen since its inception in 1926. The most significant being the name change from Compton & Green to Compton Green and the removal of the ruby red which has sat along side the distinctive green since the beginning. In addition to the name change you will notice we have a fresh logo that symbolizes our commitment to the environment reflected in the leaf shape incorporating the appearance of the C and the G. The message that we convey is that we understand that real estate transactions represent significant “change” for those involved. Whether you are buying or selling, we feel we can facilitate the “change” the best way we know how through the conscientious abilities of our team. The change also flows from the recent take over by Adrian Butera and myself as Directors from Chris and Jill Angourias whom both devoted some 40 plus years to supporting change within the community.
The Compton Green family operating from two locations being Yarraville and Williamstown is devoted to facilitating change whether it is residential sales, property management or commercial property management and strives to continue to be industry leaders. Lastly, it’s my great pleasure to inform you that Adrian Butera again represented the state of Victoria in the Australasian Senior Auctioneers Competition this year held at the Sofitel Melbourne. Adrian with his distinctive call style, flawless counting and commanding performance was successful in making it through to the final round. It is a true testament to an Auctioneer and real estate leader boasting more than 20 years experience. Adrian continues to push himself to perform at his best and avails himself to be regularly judged by his peers in the industry. We wish you all the best in your search or sale and hope your change is a great experience. Brad Carlin-Smith Director 0466 605 522 bradc@comptongreen.com.au
6&7
17
3
10&11
16
20
4&5
9
18&19
8
14&15
12&13
Property Directory Suburb Address Yarraville 1/32 Severn Street Yarraville 14 Murray Street Yarraville 15 Hawkhurst Street Yarraville 260 Francis Street Yarraville 3/185 Francis Street Yarraville 14 Cecil Street Yarraville 65 Bellairs Avenue Yarraville 14 Barnet Street Yarraville 14 Adeney Street Williamstown 59 Yarra Street Williamstown 47A Victoria Street Williamstown 2/33 The Strand Williamstown 12/4 Techno Park Drive Williamstown 15/1 Syme Street Williamstown 49 Smith Avenue Williamstown 14 Railway Terrace Williamstown 42 Pasco Street Williamstown 37 Park Crescent Williamstown 2 Panama Street Williamstown 42 Paas Place Williamstown 173 Osborne Street Williamstown 15/53 Morris Street Williamstown 228A Melbourne Road Williamstown 20 Maclean Street Williamstown 52/115 Kororoit Creek Road Williamstown 20 Hannan Street Williamstown 18A Hannan Street Williamstown 36 Hanmer Street Williamstown 2/4 Florence Street Williamstown 13 Charles Street Williamstown 67 Cecil Street West Footscray 18 West Street Tarneit 3 Mirror Place Tarneit 27 Kirrama Street Tarneit 78 Damask Drive Sunshine West 75 Nicholson Street Spotswood 16 Watt Street Spotswood 2A Birmingham Street Seddon 28 Hamilton Street Seddon 13 Charles Street Seddon 1 Chapman Street Point Cook 36/39 Astley Crescent Newport 2/144 Woods Street Newport 99 William Street Newport 6A Severn Street Newport 2/29 Schutt Street Newport 34 Salisbury Street Newport 83 River Street Newport 5/24 Newcastle Street Newport 191 John Liston Drive Newport 9 Farm Street Newport 213 Douglas Parade Newport 32-34 Clyde Street Maidstone 22/8 Crefden Street Maidstone 5/6 Crefden Street Maidstone 14/4 Crefden Street Kingsville 162 Williamstown Road Footscray 22 Maddock Street Brooklyn 3/50 Conifer Avenue Braybrook 317 Ballarat Road Altona North 4 Prentice Street Altona North 2/2 May Street Altona North 23 Hearn Street Altona North 2/79 Hansen Street Altona Meadows 117 Waratah Drive Altona 102/115-117 Pier Street
2
Amenities Bed 2 | Bath 2 | Car 1 Bed 4 | Bath 2 Bed 8 | Bath 4 | Car 4 Bed 2 | Bath 1 | Car 2 Bed 1 | Bath 1 | Car 1 Bed 4 | Bath 2 Bed 4 | Bath 1 | Car 2 Bed 3 | Bath 2 Bed 3 | Bath 1 | Car 2 Bed 4 | Bath 2 | Car 2 Bed 3 | Bath 2 | Car 2 Bed 3 | Bath 3 | Car 2 Rooms 3 | Bath 1 | Car 1 Bed 1 | Bath 1 | Car 1 Bed 4 | Bath 2 | Car 2 Bed 2 | Bath 1 Bed 5 | Bath 3 | Car 6 Bed 2 | Bath 1 | Car 2 Bed 2 | Bath 1 | Car 1 Bed 3 | Bath 2 | Car 3 Bed 3 | Bath 2 | Car 2 Bed 2 | Bath 1 | Car 1 Bed 3 | Bath 1 | Car 2 Bed 3 | Bath 2 | Car 1 Bed 2 | Bath 2 | Car 1 Bed 4 | Bath 2 | Car 3 Bed 3 | Bath 2 | Car 2 Bed 3 | Bath 1 | Car 1 Bed 2 | Bath 1 | Car 1 Bed 3+ | Bath 2 | Car 2 Bed 3 | Bath 2 Bed 2 | Bath 1 | Car 2 Bed 4 | Bath 2 | Car 2 LAND Bed 3 | Bath 2 | Car 2 Bed 3 | Bath 2 | Car 2 Bed 2+ | Bath 1 | Car 4 Bed 3 | Bath 1 | Car 2 Bed 2 | Bath 1 Bed 4 | Bath 2 Bed 3 | Bath 1 | Car 2 Bed 2 | Bath 2 | Car 1 Bed 2 | Bath 2 | Car 1 Bed 3 | Bath 1 | Car 2 Bed 4 | Bath 2 | Car 2 Bed 1 | Bath 1 | Car 1 Bed 2 | Bath 1 | Car 2 Bed 3 | Bath 1 | Car 1 Bed 3 | Bath 2 | Car 1 Bed 3 | Bath 2 | Car 2 Bed 4 | Bath 2 | Car 3 Bed 3 | Bath 1 | Car 2 Bed 3 | Bath 1 | Car 4 Bed 2 | Bath 1 | Car 1 Bed 2 | Bath 1 | Car 1 Bed 1 | Bath 1 | Car 1 Bed 3 | Bath 1 | Car 1 Bed 2 | Bath 1 | Car 2 Bed 2 | Bath 1 | Car 1 Bed 2 | Bath 1 | Car 3 Bed 3 | Bath 1 | Car 6 Bed 2 | Bath 1 | Car 1 Bed 3 | Bath 2 | Car 2 Bed 2 | Bath 1 | Car 1 Bed 4 | Bath 2 | Car 2 Bed 2 | Bath 2 | Car 1
Price Page $550,000 Martin Rankin 0421 605 271 $850,000-$950,000 6&7 $750,000-$825,000 18 & 19 $485,000-$520,000 3 $349,000 Huss Saad 0413 364 769 $699,000 Martin Rankin 0421 605 271 $950,000-$1,050,000 Martin Rankin 0421 605 271 $890,000-$950,000 10 & 11 $539,000 Martin Rankin 0421 605 271 $900,000-$960,000 Susie O’Neill 0417 755 450 $1,600,000 Dee Gibson 0416 091 369 POA Dee Gibson 0416 091 369 $114,500 Colin Rich 0414 397 164 $329,000 Tino Parisi 0425 755 655 $950,000-$1,020,000 Tino Parisi 0425 755 655 $500,000-$550,000 16 $3,300,000 Tino Parisi 0425 755 655 $549,000 Tino Parisi 0425 755 655 $520,000 Steele Sexton 0403 557 711 $880,000 Brad Carlin-Smith 0466 605 522 $1,200,000 Colin Rich 0414 397 164 $390,000-$420,000 Steele Sexton 0403 557 711 $650,000 Susie O’Neill 0417 755 450 $1,050,000 Susie O’Neill 0417 755 450 $280,000-$320,000 Huss Saad 0413 364 769 $1,200,000-$1,300,000 Susie O’Neill 0417 755 450 $1,125,000 Colin Rich 0414 397 164 $950,000 Colin Rich 0414 397 164 $430,000 Steele Sexton 0403 557 711 $1,050,000 Tino Parisi 0425 755 655 $920,000-$960,000 Brad Carlin-Smith 0466 605 522 $370,000-$400,000 Martin Rankin 0421 605 271 Offers from $355,000 Robert Kreskas 0432 447 018 $239,500 Robert Kreskas 0432 447 018 $379,500 Robert Kreskas 0432 447 018 $390,000 Susie O’Neill 0417 755 450 $560,000 Tino Parisi 0425 755 655 $450,000-$500,000 20 $550,000-$620,000 4&5 $850,000 plus Huss Saad 0413 364 769 $800,000-$850,000 Martin Rankin 0421 605 271 $310,000-$320,000 Robert Kreskas 0432 447 018 $450,000-$470,000 9 $765,000 Susie O’Neill 0417 755 450 $690,000 Huss Saad 0413 364 769 $249,000 Robert Kreskas 0432 447 018 $560,000-$610,000 17 $560,000-$590,000 8 $480,000-$530,000 14&15 $720,000 Tino Parisi 0425 755 655 $915,000 Colin Rich 0414 397 164 $650,000-$690,000 Susie O’Neill 0417 755 450 $1,050,000 Colin Rich 0414 397 164 $385,000 Robert Kreskas 0432 447 018 $369,500 Robert Kreskas 0432 447 018 $339,500 Robert Kreskas 0432 447 018 $550,000 Dee Gibson 0416 091 369 $509,000 Huss Saad 0413 364 769 $379,000 Colin Rich 0414 397 164 $498,000 Aaron Kelly 0408 501 098 $630,000 John Galea 0405 564 669 $295,000-$325,000 Tino Parisi 0425 755 655 $627,000 Colin Rich 0414 397 164 $430,000-$460,000 John Galea 0405 564 669 $590,000-$615,000 12 & 13 $459,000 Brad Carlin-Smith 0466 605 522
Yarraville 260 Francis Street The success of this inviting two bedroom home is perhaps best reected by the fact that it has never been sold since being built some 64 years ago. Classically comfortable spaces accompanied by northerly rear aspects, garage and ample storage enable new owners to settle in before considering options for updating and further extending, STCA. Wembley Primary School zoning, proximity to local village shops and easy access to Cruickshank Park ensure next generation will be as pleasing as those that preceded it Features
Bed 2 | Bath 1 | Car 2
Enquire
txt FRA260 to 0429 306 075 for open times
For Sale
$485,000-$520,000
Contact
Aaron Kelly 0408 501 098 & Rob Kreskas 0432 447 018 Yarraville 9314 1188 or visit comptongreen.com.au
3
Seddon 28 Hamilton Street
‘LATROBE’ – Quintessential Seddon Style
4
This free standing, two bedroom Edwardian home has instant appeal and creates ideal first impressions. Inside, the period styling is complemented with bright, renovated living/dining areas which retain high ceilings and include an open-plan kitchen featuring stone bench-tops and European appliances. Outside, a generous north westerly garden offers significant appeal of its own to a charming example of Seddon character, comfort and convenience close to Gamon Street and vibrant village life Features
Bed 2 | Bath 1 |
Enquire
txt HAM to 0429 306 075 for a price guide & open times
Auction
10am Saturday 26th November on location
Contact
Huss Saad 0413 364 769 & Martin Rankin 0421 605 271 Yarraville 9314 1188 or visit comptongreen.com.au
5
Yarraville 14 Murray Street
An Icon – Adopted And Adapted
6
Originally a Federation era Salvation Army Hall, this beautiful building is imbued with a strong sense of history. Inside, the spectacular dimensions have been architecturally transformed to fulfil a range of roles - residential, commercial or a brilliant balance of both. A huge central living/dining or working space accompanied by a stylish open-plan kitchen and a charming private courtyard is surrounded by two flexible offices, separate studio, four bedrooms and modern bathroom. Memorable - and only moments from Yarraville village. Features
Bed 4 | Bath 2 |
Enquire
txt MUR to 0429 306 075 for a price guide & open times
Auction
11am Saturday 26th November on location
Contact
Susie O’Neill 0417 755 450 & Adrian Butera 0409 099 791 Williamstown 9397 1600 or visit comptongreen.com.au
7
Newport 83 River Street This charming three bedroom Victorian represents a smart start to family life close to village shopping and Newport station. Renovated living/dining areas featuring polished floorboards, air-conditioning and efficient gas fire are accompanied by an open-plan kitchen stylishly equipped with stainless steel Baumatic oven and dual drawer dish-washer. Options for giving the bathroom a contemporary makeover and adding a further extension (STCA) reflect long term prospects which are as enticing as the current day appeal. Off street parking Features
Bed 3 | Bath 1 | Car 1
Enquire
txt RIVE to 0429 306 075 for a price guide & open times
Auction
12pm Saturday 26th November on location
Contact
John Galea 0405 564 669 & Rob Kreskas 0432 447 018 Williamstown 9397 1600 or visit comptongreen.com.au
8
Newport 2/144 Woods Street One of only four, this bright modern townhouse matches generous indoor proportions with equally attractive outdoor dimensions. Separate living and large kitchen/dining zones deďŹ ne downstairs areas; open-plan kitchen overlooking courtyard expanses created with entertaining in mind. A downstairs bedroom with semi ensuite bathroom accommodates in style.Appealing upstairs main bedroom featuring a city skyline view with ensuite. Secure carport. Close to parks and Challis Street shops. Month to month tenancy, currently returning $17,940pa Features
Bed 2 | Bath 2 | Car 1
Enquire
txt WOO to 0429 306 075 for a price guide & open times
Auction
2pm Saturday 26th November on location
Contact
John Galea 0405 564 669 & Rob Kreskas 0432 447 018 Williamstown 9397 1600 or visit comptongreen.com.au
9
Yarraville 14 Barnet Street
Double Fronted Living in a Single Fronted Classic on 403 sqm(approx.) 10
The extended spaces of this 3 bedroom, 2 bathroom Edwardian and the substantial sized garden combine to oer dramatic dimensions ideally situated moments from Gamon Street and Yarraville village. A central living area and huge family living/dining domain illustrate the impact of size and are complemented by an open-plan kitchen of equally impressive proportions, further enhanced by stone bench-tops. Amidst the deep landscaped garden is an entertaining pavilion, beautifully designed to make the most of the north westerly rear aspects. Features
Bed 3 | Bath 2 |
Enquire
txt BAR to 0429 306 075 for a price guide & open times
Auction
3pm Saturday 26th November on location
Contact
Martin Rankin 0421 605 271 & Donna Waters 0408 372 482 Yarraville 9314 1188 or visit comptongreen.com.au
11
Altona Meadows 117 Waratah Drive
Created To Ensure Contemporary Success
12
Designed to take maximum advantage of a generous allotment’s north facing rear aspect, this exceptional 4 bedroom, 2 bathroom home’s flexible, family friendly dimensions appreciate an elite Altona Meadows address. Large, light-filled living and dining areas surround an open-plan granite kitchen while an additional living area, equally successful as a home theatre, complements the indoor-outdoor impact of a fabulous al fresco entertaining zone. Low-maintenance landscaping, decking with integrated spa, secure double garage. Enjoy! Features
Bed 4 | Bath 2 | Car 2
Enquire
txt WAR to 0429 306 075 for a price guide & open times
Auction
1pm Saturday 3rd December on location
Contact
Rob Kreskas 0432 447 018 & John Galea 0405 564 669 Yarraville 9314 1188 or visit comptongreen.com.au
13
Newport 5/24 Newcastle Street
Unequivocally One Of A Kind
14
Already defined as a Newport icon, this outstanding property is the only 3 bedroom, 2 bathroom residence in the ‘COFFEE HOUSE TERRACES’. Soaring ceilings and polished floorboards frame inviting downstairs dimensions including a large living area and bright separate kitchen/dining featuring dark granite benches and designer storage. Upstairs a main bedroom with walk-in robes and ensuite, two further bedrooms, each with built-in robes, and a sky-lit central bathroom. Allocated lock up garage, close to Mason Street shops and the station. Features
Bed 3 | Bath 2 | Car 1
Enquire
txt NEWC to 0429 306 075 for a price guide & open times
Auction
1pm Saturday 3rd December on location
Contact
Huss Saad 0413 364 769 & Nathan Johnson 0410 331 032 Williamstown 9397 1600 or visit comptongreen.com.au
15
Williamstown 14 Railway Terrace Scope to re-vitalize period proportions and replace previous renovations with contemporary counterparts mean this free-standing Victorian will produce a hugely rewarding outcome close to Nelson Place, Shelley Beach and bike paths through parkland. Two double bedrooms lead to central living and dining areas, sky-lit kitchen and serviceable bathroom. Live in or lease out while plans proceed to enhance and extend, STCA. Outdoor areas and access to a rear lane complement a project loaded with powerful potential. Features
Bed 2 | Bath 1 |
Enquire
txt RAI to 0429 306 075 for a price guide & open times
Auction
11am Saturday 10th December on location
Contact
Susie O’Neill 0417 755 450 & Adrian Butera 0409 099 791 Williamstown 9397 1600 or visit comptongreen.com.au
16
Newport 34 Salisbury Street This bright two bedroom home demonstrates that the elements of success aren’t elaborate, they’re simple. All that’s required is a single level floor-plan, modern, low-maintenance spaces, lots of light and a great location. Here, it all comes together! North-facing living/dining areas incorporate an open-plan kitchen and are complemented by a separate central dining domain. Spacious, sparkling bathroom. Sunny terrace, established rear garden, side drive, carport and garage/storage add extra assets close to shops and transport. It’s that simple! Features
Bed 2 | Bath 1 | Car 2
Enquire
txt SAL to 0429 306 075 for a price guide & open times
Auction
1pm Saturday 10th December on location
Contact
Susie O’Neill 0417 755 450 & Adrian Butera 0409 099 791 Williamstown 9397 1600 or visit comptongreen.com.au
17
Yarraville 15 Hawkhurst Street
This Home Takes “Large” To A New Level!
18
‘Generous’ won’t do, ‘spacious’ doesn’t describe it, even ‘large’ can’t come close - this home is huge! Extended so that all the advantages associated with two residences are discovered under one roof, this landmark property offers eight, yes, eight bedrooms and four bathrooms including an upstairs main bedroom/parents’ retreat of palatial proportions. Dual living/dining domains, each with its own open-plan kitchen, deliver total flexibility. For sale on a single title, further complemented by off street parking, moments from Wembley Primary School Features
Bed 8 | Bath 4 | Car 4
Enquire
txt HAW to 0429 306 075 for a price guide & open times
Auction
12pm Saturday 10th December on location
Contact
Aaron Kelly 0408 501 098 & Rob Kreskas 0432 447 018 Yarraville 9314 1188 or visit comptongreen.com.au
19
Spotswood 2A Birmingham Street The substantial living spaces of this ideally positioned townhouse are complemented by kitchen/dining area before revealing a low-maintenance northerly courtyard. Three upstairs bedrooms with built-in robes surround a central bathroom, downstairs a laundry and powder room. Ducted heating. Secure garage and an additional car space. Close to Spotswood station and cafes, beneďŹ t from the area’s current evolution, including the introduction of a local supermarket/retail precinct. Tenanted month to month, returning $15,648pa. Features
Bed 3 | Bath 1 | Car 2
Enquire
txt BIR to 0429 306 075 for a price guide & open times
Auction
3pm Saturday 10th December on location
Contact
John Galea 0405 564 669 & Adrian Butera 0409 099 791 Williamstown 9397 1600 or visit comptongreen.com.au
20
11
how green is your investment? Goes Green is an exciting initiative developed by Compton Green, your local real estate agent for over 80 years. Because houses are our business, we concentrated on water saving measures and other ‘green’ concerns, soon realising our research may help our landlords (and subsequently, their tenants). By developing a simple checklist and plan for improving the ‘green’ credentials of properties under our management, we believed we could create real benefits for all involved. Hence, Goes Green was born. Now we direct our attention to all landlords to make them aware of all the areas we can assist them in improving their homes. Goes Green aims to help our environment, save money for the tenant and add value to our landlords investment.
To find out how to green up your investment property contact your local Compton Green office or visit goesgreen.com.au