Autumn 2012 Property Guide Issue 120
MARKET REPORT
It’s autumn time in Victoria and the prevailing market conditions are steady. We are pleasantly surprised by the number of people seeking to secure a property in the inner west and anticipate a busy season ahead.
2012 has started off well as the market is looking in a better condition than it did a year ago. Last year we experienced a slowing economy, turbulence in interest rates and sensationalism from the media of a “property bubble.� This year it is a different story as signs of a stronger economy signals positive news for buyers and we are enthused for a healthy autumn selling period with solid buyer demand. Housing is more affordable than it was a year ago as prices are below their peak in nine out of ten suburbs and following two interest rate cuts the cost of borrowing is also lower. The REIV reported house prices in Melbourne dropped 6.1 per cent in the year to December, behind only Brisbane, down by 6.7 per cent and Adelaide, down 6.4 per cent. With these interest rate cuts we are
seeing more people selling their properties, interest is at an all-time high and the market is looking stable. Compton Green is proud to be servicing the western suburbs. The west of Melbourne has affordable and a diverse range of stock available, all which has shown steady capital growth. Purchasing a property in this region is a smart choice because of the close proximity to the CBD and the fact our prized municipalities have some of the best infrastructure in Melbourne. With a high level of customer enquiries the Compton Green team is busy working hard. Our vibrant team is 100 per cent committed, always striving to achieve exceptional results and the results speak for themselves. We continuously receive endorsements from our clients who appreciate our
unsurpassed level of customer care. As we look ahead there are many exciting plans for 2012. Our State Of The Market Information Evening in September will provide local residents with an in-depth understanding of the current property market trends on both a local and state level. Last year our State Of The Market Information Evening was a great success as 200 people attended so I am expecting it will be an impressive turnout once again this year. We wish you all the best in your search or sale and look forward to assisting all our existing and new clients in making their change possible. Adrian Butera Director Auctioneer & OIEC 0409 099 791 adrianb@comptongreen.com.au
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Property Directory Suburb Address Yarraville 102 Wembley Avenue Yarraville 4/175c Stephen Street Yarraville 3 Severn Street Yarraville 100 Pentland Parade Yarraville 310 Nicholson Street Yarraville 84 Hamilton Street Yarraville 3/185 Francis Street Yarraville 24 Cecil Street Williamstown 5 Vulcan Grove Williamstown 2/33 The Strand Williamstown 5/2 Techno park Drive Williamstown 39 Sandpiper Place Williamstown 29 Power Street Williamstown 42 Pasco Street Williamstown 83 Park Crescent Williamstown 37 Park Crescent Williamstown 7 Panama Street Williamstown 54A Morris Street Williamstown 107 John Street Williamstown 23 Giffard Street Williamstown 4-18 Ferguson Street West Footscray 117 Sunshine Road West Footscray 55 Hansen Street West Footscray 26 Hampton Parade West Footscray 6 First Street Tarneit 3 Mirror Place Tarneit 27 Kirrama Street Tarneit 78 Damask Drive Sunshine West 75 Nicholson Parade Sunshine 48 Station Place Seddon 13 Pentland Parade Seddon 172 Pilgrim Street Seddon 24/294 Nicholson Street Seddon 52 Hamilton Street Seaholme 16 High Street Point Cook 36/39 Astley Crescent Newport 99 William Street Newport 2/29 Schutt Street Newport 22 Percy Street Newport 1 Peel Street Newport 10 Jack Street Maidstone 84 Norfolk Street Maidstone 22/8 Crefden Street Maidstone 14/4 Crefden Street Maidstone 5/6 Crefden Street Kingsville 23 Empress Avenue Kingsville 70 Chirnside Street Kingsville 10 Chirnside Street Kensington 70 Hardiman Street Footscray 12/53 Whitehall Street Footscray 104 Macpherson Street Docklands 1502/90 Lorimer Street Brooklyn 3/50 Conifer Avenue Altona North 9 Third Avenue Altona North 3/83 Marion Street Altona North 1/61 Kyle Road Altona North 117 Fifth Avenue Altona 304/117 Pier Street Altona 102/115-117 Pier Street Altona 1/13 David Street
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Amenities Bed 3 | Bath 2 | Car 2 Bed 1 | Bath 1 | Car 1 Bed 2 | Bath 1 Bed 2 | Bath 1 Bed 4 | Bath 2 | Car 2 Bed 3 | Bath 1 | Car 2 Bed 1 | Bath 1 | Car 1 Bed 2 | Bath 1 | Car 2 Bed 3 | Bath 3 | Car 2 Bed 3 | Bath 3 | Car 2 Bed 2 | Bath 1 | Car 1 Bed 4 | Bath 2 | Car 2 Bed 3 | Bath 1 | Car 2 Bed 4 | Bath 2 | Car 6 Bed 3 | Bath 2 | Car 2 Bed 2 | Bath 1 | Car 2 Bed 2 | Bath 1 | Car 1 Bed 3 | Bath 2 | Car 1 Bed 3 | Bath 1 | Car 1 Bed 4 | Bath 2 | Car 3 Bed 1 | Bath 1 Bed 3 | Bath 2 | Car 2 Bed 3 | Bath 1 | Car 2 Bed 3 | Bath 2 | Car 3 Bed 4 | Bath 2 | Car 4 Bed 4 | Bath 2 | Car 2 Land Bed 3 | Bath 2 | Car 2 Bed 3 | Bath 2 | Car 2 Bed 3 | Bath 1 | Car 2 Bed 3 | Bath 1 Bed 3 | Bath 1 | Car 1 Bed 2 | Bath 1 | Car 2 Bed 4 | Bath 2 | Car 1 Bed 3 | Bath 2 | Car 2 Bed 3 | Bath 2 | Car 1 Bed 3 | Bath 1 | Car 2 Bed 1 | Bath 1 | Car 1 Bed 4 | Bath 2 | Car 4 Bed 3 | Bath 1 Bed 3 | Bath 1 | Car 1 Bed 3 | Bath 2 | Car 2 Bed 2 | Bath 1 | Car 1 Bed 1 | Bath 1 | Car 1 Bed 2 | Bath 1 | Car 1 Bed 3 | Bath 1 | Car 1 Bed 3 | Bath 1 | Car 1 Bed 4 | Bath 2 | Car 1 Bed 2 | Bath 1 Bed 2 | Bath 2 | Car 1 Bed 2 | Bath 1 Bed 2 | Bath 2 | Car 2 Bed 2 | Bath 1 | Car 1 Bed 3 | Bath 1 | Car 2 Bed 4 | Bath 2 | Car 2 Bed 3 | Bath 2 | Car 1 Bed 3 | Bath 1 | Car 5 Bed 3 | Bath 2 | Car 2 Bed 2 | Bath 2 | Car 1 Bed 3 | Bath 2 | Car 2
Price Page $550,000-$575,000 12 & 13 $465,000 Traci Charles 0425 717 489 $550,000-$575,000 6&7 $450,000 Huss Saad 0413 364 769 $1,100,000-$1,200,000 Martin Rankin 0421 605 271 $720,000-$760,000 14 $349,000 Huss Saad 0413 364 769 $550,000-$575,000 Martin Rankin 0421 605 271 $1,160,000 Colin Rich 0414 397 164 $1,750,000 Dee Gibson 0416 091 369 $159,000 Colin Rich 0414 397 164 1,800,000 Nathan Johnson 0410 331 032 $729,000 16 Price Upon Application Nathan Johnson 0410 331 032 $879,500 Colin Rich 0414 397 164 $515,000 Nathan Johnson 0410 331 032 $500,000 Steele Sexton 0403 557 711 $750,000 Steele Sexton 0403 557 711 $735,000 Brad Carlin-Smith 0466 605 522 $1,000,000-$1,100,000 Susie O’Neill 0417 755 450 From $214,000 Steele Sexton 0403 557 711 $495,000 Huss Saad 0413 364 769 $440,000-$470,000 15 $610,000-$650,000 Traci Charles 0425 717 489 $750,000-$800,000 Martin Rankin 0421 605 271 $355,000 Robert Kreskas 0432 447 018 $259,000 Robert Kreskas 0432 447 018 $345,000 Robert Kreskas 0432 447 018 $390,000 Susie O’Neill 0417 755 450 $479,000 Colin Rich 0414 397 164 $660,000-$710,000 10 & 11 $520,000 Martin Rankin 0421 605 271 $419,000 Huss Saad 0413 364 769 $850,000-$890,000 Martin Rankin 0421 605 271 $790,000-$840,000 Martin Rankin 0421 605 271 $315,000 Robert Kreskas 0432 447 018 $745,000 Traci Charles 0425 717 489 $249,000 Robert Kreskas 0432 447 018 $790,000-$840,000 Traci Charles 0425 717 489 $1,200,000 3 $490,000 Susie O’Neill 0417 755 450 $480,000 plus John Galea 0405 564 669 $385,000 Robert Kreskas 0432 447 018 $339,500 Robert Kreskas 0432 447 018 $365,000 Robert Kreskas 0432 447 018 $540,000-$600,000 Huss Saad 0413 364 769 $670,000-$690,000 Martin Rankin 0421 605 271 $885,000 Robert Kreskas 0432 447 018 $570,000-$610,000 Steele Sexton 0403 557 711 $370,000 - $400,000 4&5 $480,000-$550,000 8&9 $1,020,000 Traci Charles 0425 717 489 $379,000 Colin Rich 0414 397 164 $515,000 Nathan Johnson 0410 331 032 $520,000-$570,000 John Galea 0405 564 669 $450,000-$470,000 Martin Rankin 0421 605 271 $549,000 John Galea 0405 564 669 $520,000 Brad Carlin-Smith 0466 605 522 $459,000 Brad Carlin-Smith 0466 605 522 $690,000 Huss Saad 0413 364 769
Newport 1 Peel Street Attain your dream of living the ultimate bay side lifestyle by securing this home situated in a spectacular position. It comprises of three large bedrooms including two mezzanine bedrooms and the master bedroom features built-in-robes and has private access to the deep rear garden. The lounge room ows to the spacious kitchen and accesses the outdoors. Features: Baltic pine oorboards, ceiling roses, heating, two bedroom bungalow, shed. Land size 718sqm approx. Features
Bed 3 | Bath 1 |
Enquire
txt PEE to 0429 306 075 for open times
For Sale
$1,200,000
Contact
Brad Carlin-Smith 0466 605 522 & Nathan Johnson 0410 331 032 Williamstown 9397 1600 or visit comptongreen.com.au
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Footscray 12/53 Whitehall Street
Contemporary Style Awaits
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This apartment is exceptionally positioned to make the most of Footscray’s proximity to the CBD. An open plan living/dining area is accompanied by a balcony and well-appointed kitchen. Two bedrooms are generously proportioned and one has BIR’S while the master has an ensuite and WIR’S. Features: under cover security car park, separate study, laundry, intercom, air conditioning and heating. Features
Bed 2 | Bath 2 | Car 1
Enquire
txt WHI to 0429 306 075 for open times
Auction
10am Saturday 14th April 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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Yarraville 3 Severn Street
Superbly Positioned
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Move straight in and enjoy this beautifully presented home which is situated minutes away from all amenities. It comprises two lounge/dining areas, open plan kitchen which enjoys a pleasant outlook of the garden, sparkling bathroom, two bedrooms with double BIR’S. Features: timber oors, air conditioning, heating, side access, large laundry and shed. Features
Bed 2 | Bath 1 |
Enquire
txt SEV to 0429 306 075 for a price guide & open times
Auction
11am Saturday 14th April on location
Contact
Martin Rankin 0421 605 271 & Huss Saad 0413 364 769 Yarraville 9314 1188 or visit comptongreen.com.au
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Footscray 104 Macpherson Street
Old World Charm
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Retaining its authentic charm, this delightful Victorian residence is bound to impress. A classic hallway incorporates two bedrooms (one with built-in-robes and the other has built-in-drawers). At the heart of the home is a lounge area and open plan dining room/kitchen. Features: gas appliances, external darkroom, workshop, rear access. Features
Bed 2 | Bath 1 |
Enquire
txt MACP to 0429 306 075 for a price guide & open times
Auction
1pm Saturday 14th April 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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Seddon 13 Pentland Parade
A Captivating Edwardian Home
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This beautiful Edwardian home perfectly showcases the intricate craftsmanship of its era. A classic hallway incorporates three generous bedrooms and ows to the lounge room which has a warm ambience. A standout area of the home is the incredibly spacious open kitchen/dining/family room. Features: immaculate bathroom, dishwasher, ducted heating, insulated roof, alarm system, backyard and rear access. Features
Bed 3 | Bath 1 |
Enquire
txt PENT to 0429 306 075 for a price guide & open times
Auction
2pm Saturday 14th April 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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Yarraville 102 Wembley Avenue
Contemporary Class
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Enjoy living the lifestyle in this contemporary home within walking distance to shops, Wembley Primary School and parkland. Comprising three large bedrooms serviced by a central bathroom, master with ensuite, spa and balcony. Downstairs features spacious lounge and the open plan kitchen/family area ows out to the courtyard. Features: powder room, double garage, study, heating/cooling. Great access to the CBD via Westgate, Footscray & Dynon Roads. Features
Bed 3 | Bath 2 | Car 2
Enquire
txt WEM to 0429 306 075 for a price guide & open times
Auction
11am Saturday 21st April on location
Contact
Martin Rankin 0421 605 271 & Brad Carlin-Smith 0466 605 522 Yarraville 9314 1188 or visit comptongreen.com.au
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Yarraville 84 Hamilton Street Brilliantly situated in a convenient location, this home is bound to capture your heart. With an art deco feel and generously proportioned living spaces, this residence oers a tranquil environment. It comprises an open plan living room/dining/kitchen, three bedrooms with BIR’S and bathroom. A peaceful backyard and timber deck is perfect for entertaining. Features: cooling, heating, dishwasher, garage. Features
Bed 3 | Bath 1 | Car 2
Enquire
txt HAM84 to 0429 306 075 for a price guide & open times
Auction
12pm Saturday 28th April on location
Contact
Dee Gibson 0416 091 369 & Huss Saad 0413 364 769 Yarraville 9314 1188 or visit comptongreen.com.au
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West Footscray 55 Hansen Street Set in a convenient location, this single level Californian Bungalow is ideal for couples and families looking to renovate their dream home (STCA). Features: well presented garden in front and backyard, gas heaters, high ceilings, separate study and o street parking. Exceptionally located in close proximity to Melbourne CBD, public transport, schools and Yarraville/Footscray shopping precinct. Features
Bed 3 | Bath 1 | Car 2
Enquire
txt HAN to 0429 306 075 for a price guide & open times
Auction
1pm Saturday 28th April on location
Contact
Steele Sexton 0403 557 711 & Colin Rich 0414 397 164 Yarraville 9314 1188 or visit comptongreen.com.au
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Williamstown 29 Power Street Nestled peacefully in a tree lined street, this home is an idyllic place to raise a family. A hallway incorporates three bedrooms with built-in-robes and the master bedroom has access to a central bathroom. At the heart of the home is a spacious family room and functional kitchen with stainless steel cooktop. Features include: dishwasher, ducted heating, split system air conditioning, single car garage, side access, laundry and courtyard. Features
Bed 3 | Bath 1 | Car 2
Enquire
txt POW to 0429 306 075 for open times
For Sale
$729,000
Contact
Nathan Johnson 0410 331 032 & Brad Carlin-Smith 0466 605 522 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