Autumn 2012 Property Guide Issue 123
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
Amenities
Price
Yarraville
Bed 2 | Bath 1
$529,000
Martin Rankin 0421 605 271 Martin Rankin 0421 605 271
3 Severn Street
Yarraville
310 Nicholson Street
Bed 4 | Bath 2 | Car 2
$1,175,000
Yarraville
23 Lennox Street
Bed 3 | Bath 3 | Car 2
$1,050,000 plus
Yarraville
84 Hamilton Street
Bed 3 | Bath 1 | Car 2
$750,000
Page
12 Dee Gibson 0416 091 369
Yarraville
24 Cecil Street
Bed 2 | Bath 1 | Car 2
$550,000-$575,000
Yarraville
2 Adeney Street
Bed 2 | Bath 1 | Car 2
$395,000
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Williamstown
5 Vulcan Grove
Bed 3 | Bath 3 | Car 2
$1,160,000
Colin Rich 0414 397 164 Dee Gibson 0416 091 369
3
Williamstown
2/33 The Strand
Bed 3 | Bath 3 | Car 2
$1,750,000
Williamstown
5/2 Techno park Drive
Bed 2 | Bath 1 | Car 1
$159,000
Williamstown
44 Railway Place
Bed 3 | Bath 1 | Car 2
$900,000 plus
Williamstown
83 Park Crescent
Bed 3 | Bath 2 | Car 2
$879,500
Colin Rich 0414 397 164 Steele Sexton 0403 557 711
Colin Rich 0414 397 164 10 & 11
Williamstown
6 Lemmon Street
Bed 3 | Bath 1
$650,000
Williamstown
5/74 Kororoit Creek Road
Bed 3 | Bath 2 | Car 2
$795,000
Williamstown
87 Hannan Street
Bed 2 | Bath 1 | Car 1
$730,000-$760,000
Steele Sexton 0403 557 711 Steele Sexton 0403 557 711
Colin Rich 0414 397 164
Williamstown
4-18 Ferguson Street
Bed 1 | Bath 1
$214,000
Williamstown
36 Chandler Street
Bed 4 | Bath 2
$1,100,000-$1,160,000
Williamstown
32 Chandler Street
Bed 4 | Bath 1 | Car 1
$1,100,000-$1,200,000 Brad Carlin-Smith 0466 605 522
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Tarneit
3 Mirror Place
Bed 4 | Bath 2 | Car 2
$355,000
Tarneit
78 Damask Drive
Bed 3 | Bath 2 | Car 2
$345,000
John Galea 0405 564 669
Sunshine West
75 Nicholson Parade
Bed 3 | Bath 2 | Car 2
$390,000
Susie O’Neill 0417 755 450 Huss Saad 0413 364 769
Spotswood
39 Reed Street
Bed 3 | Bath 1
$789,000
Seddon
7 Pole Street
Bed 3 | Bath 2
$790,000-$850,000
Seddon
24/294 Nicholson Street
Bed 2 | Bath 1 | Car 2
$419,000
Robert Kreskas 0432 447 018
8&9 Huss Saad 0413 364 769
Seddon
17 Hobbs Street
Bed 3 | Bath 1 | Car 2
$1,050,000 plus
Seddon
7 Bayview Road
Bed 2 | Bath 1
$670,000-$700,000
Martin Rankin 0421 605 271 6&7
Seddon
14 Austin Street
Bed 4 | Bath 2
$830,000-$870,000
Martin Rankin 0421 605 271 Huss Saad 0413 364 769
Seddon
87 Alexander Street
Bed 3 | Bath 2
$680,000-$740,000
Seddon
14 Alexander Street
Bed 4 | Bath 1 | Car 2
$790,000-$840,000
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Seddon
4 Acton Street
Bed 2 | Bath 1 | Car 1
$620,000-$680,000
Susie O’Neill 0417 755 450
Seaholme
16 High Street
Bed 3 | Bath 2 | Car 2
$865,000
Seaholme
14 Cambridge Street
Bed 3 | Bath 2 | Car 2
$770,000-$820,000
Martin Rankin 0421 605 271 Nathan Johnson 0410 331 032
Point Cook
36/39 Astley Crescent
Bed 2 | Bath 2 | Car 1
$315,000
John Galea 0405 564 669
Newport
5 Revo Street
Bed 3 | Bath 1 | Car 11
$410,000-$450,000
Susie O’Neill 0417 755 450
Newport
1 Peel Street
Bed 3 | Bath
$1,200,000
Newport
26/4 Mason Street
Bed 2 | Bath 1 | Car 1
$520,000-$580,000
Newport
119 Mason Street
Bed 2 | Bath 1 | Car 1
$475,000-$505,000
Newport
10 Jack Street
Bed 3 | Bath 1 | Car 1
$458,000
Susie O’Neill 0417 755 450 John Galea 0405 564 669
Newport
45 Graham Street
Bed 3 | Bath 2 | Car 3
$635,000
Newport
1/101 Blackshaws Road
Bed 2 | Bath 1 | Car 1
$340,000 - $360,000
Maidstone
84 Norfolk Street
Bed 3 | Bath 2 | Car 2
$519,000
Brad Carlin-Smith 0466 605 522 Susie O’Neill 0417 755 450 Dee Gibson 0416 091 369
4&5 John Galea 0405 564 669
Maidstone
22/8 Crefden Street
Bed 2 | Bath 1 | Car 1
$370,000
Kingsville
105 Queensville Street
Bed 3 | Bath 1 | Car 1
$640,000-$670,000
Nathan Johnson 0410 331 032
John Galea 0405 564 669 Martin Rankin 0421 605 271
Kingsville
70 Chirnside Street
Bed 3 | Bath 1 | Car 1
$660,000-$690,000
Footscray
6/1 Saltriver Place
Bed 3 | Bath 2 | Ca1
$680,000-$730,000
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Footscray
26A Chatham Street
Bed 2 | Bath 1
$380,000-$420,000
Huss Saad 0413 364 769
Docklands
1502/90 Lorimer Street
Bed 2 | Bath 2 | Car 2
$1,020,000
Altona North
9 Third Avenue
Bed 3 | Bath 1 | Car 2
$548,000
Traci Charles 0425 717 489 Nathan Johnson 0410 331 032
Altona North
11 Sixth Avenue
Bed 3 | Bath 1 | Car 5
$450,000-$465,000
John Galea 0405 564 669
Altona North
30 Macdonald Avenue
Bed 4 | Bath 3 | Car 4
$570,000-$590,000
John Galea 0405 564 669
Altona
3/34-36 Upton Street
Bed 2 | Bath 1 | Car 1
Price Upon Application
Altona
304/117 Pier Street
Bed 3 | Bath 2 | Car 2
$520,000
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Colin Rich 0414 397 164
Brad Carlin-Smith 0466 605 522
Yarraville 2 Adeney Street Holding irresistible appeal for renovators, first home buyers and builders (STCA), this is a prime opportunity to secure a residence located for uttermost convenience. Situated on a corner block, this home is in close proximity to a range of parks, schools and shops. Comprises: two large bedrooms, bathroom, walk in laundry. Features: Baltic pine floorboards, air conditioning, heating, off street parking. Features
Bed 2 | Bath 1 | Car 2
Enquire
txt ADE to 0429 306 075 for open times
For Sale
$395,000
Contact
Huss Saad 0413 364 769 & Adrian Butera 0409 099 791 Yarraville 9314 1188 or visit comptongreen.com.au
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Newport 1/101 Blackshaws Road
Leading Location, Lifestyle Of Ease
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Representing an unbeatable opportunity for first home buyers, owner occupiers or investors, this home provides light-filled, low-maintenance living. Located for utmost convenience, this property has easy access to transport, Newport Lakes and CBD. This home comprises of open plan lounge/ kitchen/ dining room & two bedrooms with BIR’S. Timber floors, new carpets and a freshly painted interior add further appeal. Features: cooling, heating, garage and private rear yard. Features
Bed 2 | Bath 1 | Car 1
Enquire
txt BLA to 0429 306 075 for a price guide & open times
Auction
1pm Saturday 12th May on location
Contact
Nathan Johnson 0410 331 032 & Brad Carlin-Smith 0466 605 522 Williamstown 9397 1600 or visit comptongreen.com.au
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Seddon 7 Bayview Road
A Graceful Victorian Residence
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The inviting spaces of this beautiful two bedroom Victorian convey classical comfort throughout. Located in one of Seddon’s most sought after streets, this home is bound to impress. Rich with period detail, this residence features: timber floors, ornate fireplaces and stunning ceiling roses. Comprising: welcoming family room, lightfilled kitchen/dining/entertaining area, tranquil garden. Features: heating, cooling, dishwasher, separate laundry, alarm. Close to shops, transport, Yarraville & Seddon villages, CBD. Features
Bed 2 | Bath 1 |
Enquire
txt BAYV to 0429 306 075 for a price guide & open times
Auction
10am Saturday 26th May 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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Seddon 7 Pole Street
Timeless Treasure
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Harmoniously combining heritage originality with modern comfort, this Victorian residence is a rare find. The master bedroom has been designed to perfection as it features WIR’S, ensuite and French doors provide access to the enclosed patio. Two bedrooms (BIR’S) make way to a spacious open plan family room. Features: polished floorboards, cooling, heating, designer kitchen, walk-in pantry, tranquil garden. Close to transport, shops, schools. Features
Bed 3 | Bath 2 |
Enquire
txt POL to 0429 306 075 for a price guide & open times
Auction
12pm Saturday 26th May 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 44 Railway Place
Well Worth The Eort
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“Glenvale”, Full of Character & Endless Potential. This double fronted Victorian home is appealing today and even more so tomorrow. Graced with period detail, including: high ceilings, original fireplaces and three double bedrooms. The yard is perfect for children or for a designer’s inspiration to extend (subject to council approval.) Walking distance to Williamstown Beach, schools, transport. Side driveway access for off street parking. Land size: 547m2 approx. Features
Bed 3 | Bath 1 | Car 2
Enquire
txt RAI to 0429 306 075 for a price guide & open times
Auction
3pm Saturday 26th May on location
Contact
John Galea 0405 564 669 & Colin Rich 0414 397 164 Williamstown 9397 1600 or visit comptongreen.com.au
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Yarraville 23 Lennox Street Claiming position in a leading Yarraville location, this renovated & extended Californian Bungalow offers remarkable family living. Beautifully presented, this timeless residence has an uplifting sense of light and space. Comprising: three spacious living areas, tranquil garden, three bedrooms (BIR’S, two ensuites), stylish kitchen. Features: Tasmanian Oak floorboards, heating, cooling, off street parking. Seconds to Yarraville village, schools, parks. Easy access to CBD via Westgate, Footscray & Dynon Roads. Features
Bed 3 | Bath 3 | Car 2
Enquire
txt LEN to 0429 306 075 for a price guide & open times
Auction
10am Saturday 2nd June 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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Yarraville 24 Cecil Street Showcasing beautiful period detail, this Victorian is the perfect place to call home. Conveniently located, this residence is close to the Yarraville village, transport and schools. Spacious open plan lounge/dining/kitchen adds further appeal to the two large bedrooms, huge bathroom with integrated laundry and spacious kitchen. Features: ceilings roses, timber oors, rear access, dishwasher, o street parking, heating, cooling. Features Enquire
Bed 2 | Bath 1 | Car 2 txt CEC to 0429 306 075 for a price guide & open times
Auction
11am Saturday 2nd June 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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Williamstown 36 Chandler Street Beauty in the detail! Superior quality and excellent value is on offer with this renovated 4 bedroom family home all decked out with extra polish and style. Large open living spaces leads out to massive outdoor rear deck for entertaining, north facing yard and rear ROW available for car access. Features: Gas hydronic central heating, plantation window shutters, Queensland spotted gum timber flooring. A quiet tree lined street, short walk to Williamstown Shopping Center, The Strand foreshore and in Williamstown North and St. Mary’s School zone. Features
Bed 4 | Bath 2 |
Enquire
txt CHAN to 0429 306 075 for a price guide & open times
Auction
12pm Saturday 2nd June 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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Seddon 14 Alexander Street Sitting on a block of 447m2 (approx) this residence oers an exciting opportunity for development potential (STCA). With excellent rear access to Lily Street, this home is bound to appeal to the astute buyer. Immediately welcoming, this home has four bedrooms, two large kitchen/dining areas and lounge room. Features: heating, cooling, dishwasher, two garages (remote) and rear access. Only a short stroll to transport, parklands, Seddon village. Features
Bed 4 | Bath 1 | Car 2
Enquire
txt ALE to 0429 306 075 for a price guide & open times
Auction
1pm Saturday 2nd June 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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Footscray 6/1 Saltriver Place Live by the River-what a lifestyle! This bigger than normal, bright and light ďŹ lled, spacious townhouse is located right on the banks of the Maribyrnong River and only a short drive to Melbourne CBD. First level includes 2 generous sized bedrooms, laundry, bathroom and an extra large balcony with 180 degree views of the city, perfect for nights and all year round entertaining. Second storey boasts huge master bedroom complete with en suite, walk in robes and another large balcony – perfect to relax and enjoy the views! Features
Bed 3 | Bath 2 | Car 1
Enquire
txt SALT to 0429 306 075 for a price guide & open times
Auction
2pm Saturday 2nd June 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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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