Spring 2011 Property Guide Issue 103
MARKET REPORT
Well its 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
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Property Directory Suburb Address Amenities Yarraville 49 Wembley Avenue Bed 3 | Bath 2 Yarraville 1/32 Severn Street Bed 2 | Bath 1 | Car 1 Yarraville 5 Hughes Street Bed 3 | Bath 1 | Car 1 Yarraville 25 Hood Street Bed 4 | Bath 2 | Car 2 Yarraville 14 Cecil Street Bed 4 | Bath 2 Yarraville 4/34-36 Ballard Street Bed 3 | Bath 2 | Car 2 Yarraville 14 Adeney Street Bed 3 | Bath 1 | Car 2 Williamstown 1/54 Yarra Street Bed 2 | Bath 1 | Car 1 Williamstown 47A Victoria Street Bed 3 | Bath 2 | Car 2 Williamstown 3/24 Twyford Street Bed 2 | Bath 1 | Car 1 Williamstown 2/33 The Strand Bed 3 | Bath 3 | Car 2 Williamstown 12/4 Techno Park Drive Rooms 3 | Bath 1 | Car 1 Williamstown 15/1 Syme Street Bed 1 | Bath 1 | Car 1 Williamstown 49 Smith Avenue Bed 4 | Bath 2 | Car 2 Williamstown 42 Pasco Street Bed 5 | Bath 3 | Car 6 Williamstown 37 Park Crescent Bed 2 | Bath 1 | Car 2 Williamstown 42 Paas Place Bed 3 | Bath 2 | Car 3 Williamstown 173 Osborne Street Bed 3 | Bath 2 | Car 2 Williamstown 228A Melbourne Road Bed 3 | Bath 1 | Car 2 Williamstown 53 Melbourne Road Bed 3 | Bath 2 | Car 2 Williamstown 20 Maclean Street Bed 3 | Bath 2 | Car 1 Williamstown 18A Hannan Street Bed 3 | Bath 2 | Car 2 Williamstown 36 Hanmer Street Bed 3 | Bath 1 | Car 1 Williamstown 2/4 Florence Street Bed 2 | Bath 1 | Car 1 Williamstown 13 Charles Street Bed 3+ | Bath 2 | Car 2 Williamstown 21 Chandler Street Bed 3 | Bath 2 | Car 3 Williamstown 67 Cecil Street Bed 3 | Bath 2 West Footscray 41 Ormond Road Bed 3 | Bath 1 | Car 2 West Footscray 55 Gwelo Street Bed 5 | Bath 3 | Car 3 West Footscray 114 Cross Street Bed 3 | Bath 1 | Car 3 Tarneit 3 Mirror Place Bed 4 | Bath 2 | Car 2 Tarneit 27 Kirrama Street LAND Tarneit 78 Damask Drive Bed 3 | Bath 2 | Car 2 Sunshine West 75 Nicholson Street Bed 3 | Bath 2 | Car 2 Spotswood 16 Watt Street Bed 2+ | Bath 1 | Car 4 Seddon 2/28 Hobbs Street Bed 2 | Bath 1 | Car 1 Newport 99 William Street Bed 3 | Bath 1 | Car 2 Newport 6A Severn Street Bed 4 | Bath 2 | Car 2 Newport 2/29 Schutt Street Bed 1 | Bath 1 | Car 1 Newport 1/24 Newcastle Street Bed 2 | Bath 1 | Car 1 Newport 45/132-136 Mason Street Bed 3 | Bath 2 | Car 2 Newport 191 John Liston Drive Bed 3 | Bath 2 | Car 2 Newport 40A Graham Street Bed 4 | Bath 3 | Car 2 Newport 9 Farm Street Bed 4 | Bath 2 | Car 3 Newport 32-34 Clyde Street Bed 3 | Bath 1 | Car 4 Newport 11 Charlotte Street Bed 3 | Bath 1 | Car 3 Newport 66 Alma Terrace Bed 3 | Bath 1 Maribyrnong 32 Dale Street Bed 3 | Bath 2 | Car 2 Maidstone 22/8 Crefden Street Bed 2 | Bath 1 | Car 1 Maidstone 5/6 Crefden Street Bed 2 | Bath 1 | Car 1 Maidstone 14/4 Crefden Street Bed 1 | Bath 1 | Car 1 Kingsville 162 Williamstown Road Bed 3 | Bath 1 | Car 1 Kingsville 38 Williamstown Road Bed 3 | Bath 1 | Car 1 Kingsville 157 Chirnside Street Bed 3 | Bath 1 | Car 2 Footscray 10 Raleigh Street Bed 3 | Bath 1 | Car 1 Footscray 22 Maddock Street Bed 2 | Bath 1 | Car 2 Footscray 24 Jamieson Street Bed 3 | Bath 1 | Car 2 Brooklyn 3/50 Conifer Avenue Bed 2 | Bath 1 | Car 1 Braybrook 317 Ballarat Road Bed 2 | Bath 1 | Car 3 Altona North 4 Prentice Street Bed 3 | Bath 1 | Car 6 Altona North 2/2 May Street Bed 2 | Bath 1 | Car 1 Altona North 23 Hearn Street Bed 3 | Bath 2 | Car 2 Altona North 2/79 Hansen Street Bed 2 | Bath 1 | Car 1 Altona 102/115-117 Pier Street Bed 2 | Bath 2 | Car 1
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Price Page $639,000 Martin Rankin 0421 605 271 $520,000-$550,000 Martin Rankin 0421 605 271 $510,000-$560,000 Huss Saad 0413 364 769 $990,000-$1,100,000 Robert Kreskas 0432 447 018 $720,000-$749,000 Martin Rankin 0421 605 271 $529,000 Huss Saad 0413 364 769 $500,000-$550,000 Martin Rankin 0421 605 271 $355,000-$365,000 Nathan Johnson 0410 331 032 $1,600,000 Dee Gibson 0416 091 369 $419,000 Susie O’Neill 0417 755 450 POA Dee Gibson 0416 091 369 POA Colin Rich 0414 397 164 $329,000 Tino Parisi 0425 755 655 $950,000-$1,050,000 15 $3,300,000 Tino Parisi 0425 755 655 $549,000 Tino Parisi 0425 755 655 $880,000 Brad Carlin-Smith 0466 605 522 $1,200,000 Colin Rich 0414 397 164 $590,000-$650,000 Susie O’Neill 0417 755 450 POA Susie O’Neill 0417 755 450 $1,100,000 Susie O’Neill 0417 755 450 $1,150,000 Colin Rich 0414 397 164 $950,000-$990,000 Colin Rich 0414 397 164 $430,000 Steele Sexton 0403 557 711 $1,050,000 Tino Parisi 0425 755 655 $795,000 16 $1,021,000 Brad Carlin-Smith 0466 605 522 $529,000 Colin Rich 0414 397 164 $559,000 Aaron Kelly 0408 501 098 $430,000-$470,000 Robert Kreskas 0432 447 018 Offers from $355,000 Robert Kreskas 0432 447 018 $255,000 Robert Kreskas 0432 447 018 $379,500 Robert Kreskas 0432 447 018 $390,000 Susie O’Neill 0417 755 450 $599,000 Tino Parisi 0425 755 655 $460,000-$490,000 Martin Rankin 0421 605 271 $720,000-$790,000 Susie O’Neill 0417 755 450 $725,000 Huss Saad 0413 364 769 $249,000 Robert Kreskas 0432 447 018 $470,000-$500,000 Nathan Johnson 0410 331 032 $550,000-$590,000 6&7 $690,000-$730,000 3 $750,000 John Galea 0405 564 669 $850,000-$900,000 12 & 13 $950,000-$1,050,000 11 $595,000-$645,000 4&5 $810,000 Susie O’Neill 0417 755 450 $650,000 plus Robert Kreskas 0432 447 018 $385,000 Robert Kreskas 0432 447 018 $355,000-$365,000 10 $339,500 Robert Kreskas 0432 447 018 $550,000 Dee Gibson 0416 091 369 $500,000-$550,000 Martin Rankin 0421 605 271 $580,000-$620,000 8&9 $835,000 Huss Saad 0413 364 769 $500,000-$550,000 14 $505,000 John Galea 0405 564 669 $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 $459,000 Brad Carlin-Smith 0466 605 522
Newport 191 John Liston Drive Designed so that generous indoor spaces are divided into distinctive zones, the inviting downstairs domains of this 3 bedroom, 2 bathroom home are complemented by a beautifully landscaped outdoor backdrop. Large living/entertaining area, open-plan kitchen/dining and additional living space flows seamlessly to the courtyard’s private proportions, luscious landscaping and automatic weather sensor awning. Ducted heating, reverse cycle cooling, solar panel power and double garage. Moments from public transport, shops and eating spots. Features
Bed 3 | Bath 2 | Car 2
Enquire
txt JOHN to 0429 306 075 for a price guide & open times
Auction
10am Saturday 5th November on location
Contact
Tino Parisi 0425 755 655 & Nathan Johnson 0410 331 032 Williamstown 9397 1600 or visit comptongreen.com.au
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Newport 11 Charlotte Street
A Surprise Packet!
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Ready to move right into, you won’t need to lift a finger!Substantially renovated throughout, this home features 2 main bedrooms with additional separate teenagers retreat. Bonus of fully renovated, reverse cycle air conditioned studio/retreat/office with a mezzanine for storage, internet wiring and feature timber bifold doors which open up to a huge timber deck. Off street parking for up to 3 vehicles and a secure remote garage. Within walking distance of a host of local amenities. Land area – 556m2 (approx.) Suitable for development STCA. Features
Bed 3 | Bath 1 | Car 3
Enquire
txt CHAR to 0429 306 075 for a price guide & open times
Auction
11am Saturday 5th November on location
Contact
Colin Rich 0414 397 164 & Steele Sexton 0403 557 711 Williamstown 9397 1600 or visit comptongreen.com.au
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Newport 45/132-136 Mason Street
The Outside Comes In – And Vice Versa!
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Bright interior spaces and landscaped outdoor dimensions enjoy a seamless, successful relationship on the ground floor of this exceptional townhouse. Above, 3 bedrooms, 2 with balconies, 2 bathrooms and central study zone maintain the message of indoor-outdoor enjoyment. Light-filled living and dining areas each open to elegant courtyards and complemented by a central kitchen fitted with stone benches and stainless steel appliances. Ample storage, secure garage. Immediate access to Newport Lakes Park. Ideal – inside and out! Features
Bed 3 | Bath 2 | Car 2
Enquire
txt MASO to 0429 306 075 for a price guide & open times
Auction
12pm Saturday 5th November on location
Contact
Tino Parisi 0425 755 655 & Huss Saad 0413 364 769 Williamstown 9397 1600 or visit comptongreen.com.au
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Kingsville 157 Chirnside Street
The Perfect Kingsville ProďŹ le
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An Edwardian image, period features, inviting proportions and attractive modern elements – enjoy all the attributes that make a Kingsville address so appealing. This 3 bedroom home’s light-filled living room’s reverse cycle heating/cooling, polished floorboards and original high ceilings set the standard for bright central dining. Well designed kitchen with island bench, stainless steel appliances, AEG dish-washer. Ducted heating. Outside, low-maintenance ease defines an entertaining backdrop, convenient right-of-way to garage. Features
Bed 3 | Bath 1 | Car 2
Enquire
txt CHI to 0429 306 075 for a price guide & open times
Auction
2pm Saturday 5th November on location
Contact
Martin Rankin 0421 605 271 & Donna Waters 0408 372 482 Yarraville 9314 1188 or visit comptongreen.com.au
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Maidstone 5/6 Crefden Street Contemporary lifestyle in a fabulous location with a courtyard makes this architecturally designed two bedroom apartment almost too good to be true. Large proportions, modern kitchen and security coded entrance are just a few features of this apartment. Ready to occupy or lease with proven high returns means this opportunity should not be overlooked. Inspections will not disappoint. Features
Bed 2 | Bath 1 | Car 1
Enquire
txt CREF to 0429 306 075 for a price guide & open times
Auction
10am Saturday 12th November on location
Contact
Rob Kreskas 0432 447 018 & John Galea 0405 564 669 Yarraville 9314 1188 or visit comptongreen.com.au
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Newport 32-34 Clyde Street Huge Development Site! Land area 1250m2 approx. The Space you’ve always wanted but never available. Rarely do sites of this size come on the market and now the opportunity exists for the astute developer to purchase this magnificent site to create a quality townhouse development –STCA. Measuring 25m x 50m on 2 lots – Close to Newport lakes, shops, transport and Altona Gate Shopping Centre. Features
Bed 3 | Bath 1 | Car 4
Enquire
txt CLY to 0429 306 075 for a price guide & open times
Auction
1pm Saturday 12th November on location
Contact
Steele Sexton 0403 557 711 & Colin Rich 0414 397 164 Williamstown 9397 1600 or visit comptongreen.com.au
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Newport 9 Farm Street
Relaxing Family Sanctuary
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An inspiring choice for families in this sought after pocket of Newport. On a block 595m2 (approx.) with plenty of yard space and side driveway for excellent car access. Parkland with walking and bicycle tracks, Newport Park, The Strand waterfront, Newport Station. Close to schools and shopping. Comprises 4 double bedrooms, main with ensuite, huge open plan living to outdoor decking for entertaining. Wide entrance hall, modernised kitchen with stainless steel appliances. Features polished timber oors, ducted heating and cooling, open ďŹ re place. Features
Bed 4 | Bath 2 | Car 3
Enquire
txt FAR to 0429 306 075 for a price guide & open times
Auction
2pm Saturday 12th November on location
Contact
Colin Rich 0414 397 164 & Steele Sexton 0403 557 711 Williamstown 9397 1600 or visit comptongreen.com.au
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Footscray 22 Maddock Street This beautifully built c1931 home in a quiet, peaceful cul-de-sac setting is complemented by impeccably presented spaces and a garden backdrop of generous proportions. Today’s 2 bedroom floor-plan features a bright, inviting living room, separate kitchen/dining spaces which meet every modern need. Central bathroom and separate laundry. Under-cover entertaining, garage/storage and a welcoming garden define delightful outdoor dimensions suggesting options to further extend this fabulous first home. Features
Bed 2 | Bath 1 | Car 2
Enquire
txt MAD to 0429 306 075 for a price guide & open times
Auction
3pm Saturday 12th November on location
Contact
Huss Saad 0413 364 769 & Martin Rankin 0421 605 271 Yarraville 9314 1188 or visit comptongreen.com.au
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Williamstown 49 Smith Avenue Benchmark beauty, unforgettable elegance and a location that could hardly be closer to parks and bike paths by the bay enhance the undeniable appeal of this refined 4 bedroom plus study residence. Substantial formal entertaining spaces, light-filled living/dining accompanied by a sparkling contemporary kitchen. North-facing courtyard in which perfect privacy and a captivating trompe l’oeil mural transport you to the Mediterranean. Sumptuous downstairs suite. Fabulous family bathroom. Ducted heating. Double garage. Divine! Features
Bed 4 | Bath 2 | Car 2
Enquire
txt SMI to 0429 306 075 for a price guide & open times
Auction
12pm Saturday 19th November on location
Contact
Tino Parisi 0425 755 655 & Martin Rankin 0421 605 271 Williamstown 9397 1600 or visit comptongreen.com.au
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Williamstown 21 Chandler Street Move in immediately and enjoy this clean and neat 3 bedroom 2 bathroom residence or a great opportunity to modernise and design your contemporary dream home! North facing, light ďŹ lled and spacious on a corner allotment (380m2 approx). Walking distance to schools, station and The Strand Waterfront. Consisting of 3 large bedrooms (BIR’s & master bedroom with ensuite), spacious lounge/dining room, central bathroom, separate laundry, kitchen/meals area with gas appliances & dishwasher. Features double garage, gas heating, evaporative cooling. Possible new home site STCA. Features
txt CHAN to 0429 306 075 for open times
For Sale
$795,000
Contact
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Bed 3 | Bath 2 | Car 3
Enquire
Steele Sexton 0403 557 711 & Colin Rich 0414 397 164 Williamstown 9397 1600 or visit comptongreen.com.au
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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