property guide northeast
MARCH 8 - 14
proudly partnering
| 2019
20 Edwards Street, Wangaratta | Stockdale & Leggo
Editorial page 3
We achieved a great result for 35 Tavern Terrace and have a number of other buyers
If you are thinking of selling NOW is a great ‘the girls’ at DPG a call. We’
agents.
Thankyou so much Indi and Jenny for everything you have done for us. I would recommend you to anyone. Your We are soooooo happy and are looking forward to our future endeavours. Girl power forever xxxx
1300 222 262 7 Days a Week district property group
wangarattaDPG.com.au
property guide northeast
OPEN FOR INSPECTION SATURDAY, MARCH 9 1548 Boorhaman Road, Boorhaman
Landmark Harcourts
9:30am - 10am
111 Rowan Street, Wangaratta
Landmark Harcourts
10:30am - 11am
6183 Mansfield-Whitfield Road, Whitfield
Landmark Harcourts
12pm - 12:30pm
54 Cambridge Drive, Wangaratta
Stockdale & Leggo
9am - 9:30am
14 Matheson Street, Wangaratta
Stockdale & Leggo
10am - 10:30am
20 Edwards Street, Wangaratta
Stockdale & Leggo
11am - 11:30am
153 Greta Road, Wangaratta
Stockdale & Leggo
12pm - 12:30pm
5 Ovens Street, Wangaratta
Insite Real Estate
9:30am - 10am
3 Filandra Street, Wangaratta
Insite Real Estate
9:30am - 10am
5 Armstrong Court, Wangaratta
Insite Real Estate
9:30am - 10am
6 Waldara Drive, Wangaratta
Insite Real Estate
10:30am - 11:15am
12 Leishman Street, Wangaratta
Insite Real Estate
11:45am - 12:15am
8 Milnes Creek Drive, Wangaratta
Insite Real Estate
11:30am - 12pm
23 Bowser Crescent, Wangaratta
Morris Bros.
10:30am - 11am
Speak to your agent about listing on realestateview.com.au.
Be seen everywhere.
What a home in 2019 will cost you… Written by | realestateview.com.au in buying …is one of the hardest questions to answer and a question too many are trying to predict. Spend a bit of time looking into market predictions in Australia and you can find someone who can confirm anything you want to believe. Don’t like what figures from the past decade say about house prices? Just broaden your scope to 2030 years and you’re likely to find data to support any hypothesis you want to make. Amid all the predictions and debate, one thing is clear: it is now a buyers’ market. Our weekly clearance rates have been telling you for some time that the honey-sweet days of 80+ per cent clearance rates are not coming back any time soon. A challenge for vendors, but good news for buyers. There are, of course, no surprises here, as markets are cyclical, and a fall in house prices in the major markets was always expected. The extent of these falls is not quite so clear, as many see external forces influencing prices more so than in previous dips. What does this mean for 2019 prices? By the end of December 2018, Sydney house prices were 10.03 per cent lower than the year prior, and Melbourne’s were down 9.12 per cent. Perth also saw falls (-4.32 per cent), while the rest of the country saw modest rises, apart from the high-performing (and beautiful) Hobart, which saw an annual increase of 8.31 per cent for house prices. Let it be said, Australia is finally recognising Tasmania for the jewel that it is, and investors are not being shy in displaying that interest.
Firstly, why have prices across many major Australian markets (especially Sydney and Melbourne) fallen? The answer would and has filled a book or two. It wasn’t just the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (RCMBSFS), but a host of influencing factors. Without going into them in too much detail, and aware that the list extends beyond these: Ėĺ declining international investment in Australian markets; Ėĺ APRA’s macroprudential measures to reduce the share of interest-only loans in the market; Ėĺ a rise in the share of undetached new dwellings being built (apartment buildings vs. detached houses); Ėĺ a decline of credit growth since 2015; Ėĺ international economic and political insecurity; Ėĺ low wage growth; Ėĺ growing underemployment (despite decreasing unemployment). In October 2018, the Bank of England’s chief economist, Andy Haldane, blamed the rise of job insecurity and underemployment for a decade of lost wage growth; Ėĺ buyer adjustment to tighter lending practices Ėĺ higher housing supply in the major markets; Ėĺ consumer insecurity.
Looking at last year’s trends, and with little having changed since then, buyers should expect to see prices in Melbourne and Sydney in 2019 continue to fall, as they have been declining at an accelerating rate. However, the diversity of house price trends across the country show that 2019 will be a mixed bag for house prices. There is increased capacity for negotiation for buyers, due to the increase in supply, so even in markets that are seeing increasing rates, make sure to research supply in the area as well as average days on market to inform how you negotiate your price. Projections of further RBA cash rate cuts in 2019/20 also reveal the potential for a slowdown to the price falls we have seen, as investors become more confident to enter the market, while buyers become more accustomed to tighter lending from the big four banks. Prices may be influenced by a change of government this year, as possible changes to negative gearing and stamp duty concessions for new builds have been a policy point sold by Labor in the lead up to an election. Prices are unlikely to ‘crash’ across the national market, especially due to the
performance of cities and regional areas outside of Melbourne and Sydney. With this in mind, buyers who are looking at 20-30 year investments may not necessarily benefit from waiting to see where the bottom of the fall ends up, as any rise to interest rates may offset an advantage they can wrangle if they secure themselves fixed-rate loans. House prices have fallen most within the higher deciles of the market in both Melbourne and Sydney, but buyers in these major markets should be aware of significant upcoming supply for apartments expected for 2019/20, and the influence these may have on lowering dwelling values in these lower deciles. In other words, it is a great time to buy. For those buying within the lower price range, there may be a greater incentive to buy rather than wait as prices may not fall to such a degree as in more expensive markets. As always, do as much research as you possibly can to understand local and national markets, so that you can confidently enter negotiations.
Feature Listing | property guide northeast
Renovated home in school precinct CLOSE TO SCHOOLS, SPORTING FACILITIES AND SHOPS IS THIS STANDOUT HOME THAT IS SET ON A 559M2 BLOCK. Situated in Wangaratta’s popular West End is this charming renovated family home offering a great start for any first home buyer or investor situated close to schools, sporting facilities and shops. Comprising of a spacious lounge room and
generous meals/dining area leading to a new north facing Alfresco timber deck on a 559m2 block, this brick home is a real standout. For your comfort the home has evaporative cooling and gas heating.
3 Agent | Phone | Price | Location |
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Stockdale & Leggo 5722 2336 $280,000 20 Edwards Street
Contact Bernard Ivone - 0428 522 572 74 Standish Street Myrtleford Ph: 5752 2232 Fax: 5752 2144 www.paullscollard.com.au Email: myrtleford@paullscollard.com NEW LISTING - THE GREEN ROOM - SUSTAINABLE LIFESTYLE LIVING An award winning solar passive home set on 7.19 hectares of land rejuvenated using permaculture design principals with the main focus being on water retention on farm. Keeping the original footprint the home has been totally renovated and reorientated to maximise the north sun, low toxic products and finishes have been used as well as recycled materials and it has been double glazed throughout. Victorian Ash clad the home features; an open plan living area with polished floor boards and every window a picture frame, ducted evaporative cooling, a Nectre Bakers oven, gas cook top and electric oven, built in robes and a centrally located bathroom with a large walk in shower recess. There is also a spacious laundry/mudroom and separate office. The living area opens to a North facing outdoor entertaining area. Plenty of shedding including open bay storage, raised floor feed sheds and 2 fox proof chicken runs with housing. A great deal of thought has gone into the reenergizing the land with the construction of swales and berms to make the best use of rainfall, connecting dams and the planting of native tree belts. The soils have been aerated using biodynamic preparations – activated rock dust, lime, Nutri-soil and worm juice have been applied to balance the soil and feed microorganisms. Tree Lucerne has been established to supplement fodder for livestock and act
VACANT RURAL ALLOTMENT NEW LISTING Only a few kilometres out of Myrtleford, 5,202 square meters of land with a current planning permit for a dwelling, short walk to the Ovens River, good views of the Ovens Valley easy access to the Rail Trail and just over 1km from the Ovens Hotel. Power, water and septic system available this block is ready to be built on, a flat block for reduced building costs. A very rare find.
as wind breaks along with 1,000 native trees and acacias. An extensive orchard includes many citrus, fruit and nut trees. Plenty of water storage with 136,000 litre rainwater tank off the home plus a further 20,000 litres and 2 dams for livestock. This is a very good opportunity of capitalising on some very careful and
calculated planning by the current owners. A very comfortable, environmentally friendly home with low running costs, well established surrounds, a school bus stop 250 meters from the front gate, access to the Rail Trail and easy commuting distance to Myrtleford, Beechworth or Wangaratta.
PRICE REDUCED - MORE THAN MEETS THE EYE Being handy to the schools and in a quiet area of town this property would make a very good first or family home or one to add to your investment portfolio. Polished floor boards on entry and through to the lounge which also has a wood heater and R/C A/C, an open plan kitchen/dining room with a walk in pantry, dishwasher and electric cooking, 3 bedrooms, 2nd A/C in the hallway, bath and separate shower plus a large renovated laundry with plenty of storage. Off the back porch is a shade sail covered paved entertaining area which overlooks the back yard. A lock up garage with workshop area, carport, wood shed and garden shed make up the balance of the improvements. A very neat, low maintenance property that has been renovated over recent years it represents good value and has a surprising amount of space.
$320,000 j/19d12610-v61/10-19
JUST LISTED
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BALTIMORE PARK
Worland Road St Johns Village
ESTATE
For Sale by Tender
STAGES 6, 7 & 8
CONSTRUCTION NOW COMPLETE
ONLY 9 LOTS LEFT!
GreenямБeld Commercial Development Opportunity Situated at the intersection of Lindner and Worland Roads, Wangaratta, this 5-acre property presents a once-in-a-lifetime opportunity in Wangaratta for greenямБeld commercial development.
s 0RICED FROM s !LL SERVICES AVAILABLE s 4ITLED AND READY TO BUILD ON
Tenders Close 11 March 2019 Please contact the Commercial Sales Team at Insite Real Estate for Tender information.
Selling? We are!
SOLD - Cribbes Road
CREEK MIST
SOLD - Murdoch Road
ESTATE
STAGE 1 s %XCITING NEW DEVELOPMENT
SOLD - Flanagan Street
s 6ARIOUS SIZES
SOLD - Orwell Street
s !LL SERVICES AVAILABLE s #ONSTRUCTION ALMOST COMPLETE
SOLD - Louisiana Avenue
Trevor MORRIS Mobile:
0428 349 406
Connor TAIT Mobile:
0490 057 329
s 0RICED FROM
SOLD - Silverwood Grove
Jonathan GREEN Mobile:
0407 835 293
Angelo POMPONIO Mobile
0409 640 119
(03) 5721 7995
72 MURPHY ST, WANGARATTA
insiterealestate.com.au
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$325,000
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5 Ovens Street, Wangaratta | OPEN Sat 9th Mar | 9.30am-10am
CBD residential! Develop now or later.
For sale. Buyer range $295,000 to $325,000
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6 Waldara Drive, Waldara | OPEN Sat 9th Mar | 10.30am-11.15am
$179,000
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For Sale. Buyers Range $849,000 to $869,000
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$549,000
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$293,000
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Trevor MORRIS Mobile:
0428 349 406
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8 Milnes Creek Drive, Wangaratta OPEN Sat 9th Mar | 11.30am-12pm
NEW PRICE
$433,000
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$323,000
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$264,000
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0490 057 329
0407 835 293
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0409 640 119
$379,000
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Jonathan GREEN Mobile:
$357,000
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Easy living or solid investment
Connor TAIT Mobile:
5 Armstrong Court, Wangaratta OPEN Sat 9th Mar | 11.30am-12pm
Grand home in a grand location
3
12 Leishman Street, Wangaratta OPEN Sat 9th Mar | 11.45am-12.15pm
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$309,000
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(03) 5721 7995
72 MURPHY ST, WANGARATTA
insiterealestate.com.au
FOR INFORMATION ON HOW YOU CAN ADVERTISE IN THE
property guide northeast
PLEASE CONTACT 03 5723 0100 or email sales@nemedia.com.au E/01D08987/3517
WANTED
Excellent presentation NUMBER 54 Church Street, Glenrowan, is strikingly presented throughout the three bedroom home. Located on a generous 790m2 site, the light and airy traditional ranch style dwelling comes with high ceilings, two split system air conditioning units, gas ‘log’ heater, ceiling fan, electric heat panels and ducted evaporative cooling. The rear timber floored and covered elevated deck is a great relaxation space. The chattels which include vertical blinds, drapes, security screens and carpets have been well maintained. In addition to the main carport is a garage/storage shed, second carport and a small garden shed. This is an excellent home package with lots of appeal at an affordable price
Land for lease or agistment. Local family recently returned to North East area are seeking land for lease or agistment. Any size considered, short or long term. Phone Cathy (03) 5727 6317.
3 1 2
Agent Morris Bros Real Estate Phone 5721 2014 Price $255,000 Location 54 Church Street, Glenrowan
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$729,000
2
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791m2
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$335,000
2
1
600m2
ĉČ 1%"0,+ 1ķ +$ / 11
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$239,000
1
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561m2
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$280,000
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$172,000
1
1/90 Sisely Ave, Wangaratta
Family living at its best
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45.4m
5722 2336
964m2
$285,000 Lot 18 Wonga Park Dr, Wangaratta
$149,000
Last remaining!
Build your dream home
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697m2
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First home buyer or savvy investor
2
$189,000
1
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554m2
Ď 2/(" ļ &))0 )ķ +$ / 11
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25.8m
4041m2
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333m2
$265,000
403m2
1
964m2
3
559m2
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WANGARATTA HAS BEEN NAMED TOP 3 IN THE PROPERTY MARKET IN VICTORIA, GREAT TIME TO SELL!
Ĵ ű Ĵ Ĵ E18d05583-v116/1019
wangaratta.landmarkharcourts.com.au
If you’re not in the North East Property Guide, you’re not in the market. The region’s best property guide located inside your local paper every week and online anytime.
property guide northeast
j/01d08975/35-17
PROUDLY SUPPLYING QUALITY MATERIALS AND SERVICES TO NORTH EAST VICTORIA AND SURROUNDS
STEEL
DOWNGRADE STEEL
GATES
CHEAPEST PRICE
STAR POSTS
20X20 UP TO 200X200 RHS
FENCING WIRE
NO ORDERS TOO BIG OR SMALL
RUBBER
1M UP TO 3M IN WIDTH 6MM UP TO 25MM IN THICKNESS
WE ARE NOW DELIVERING THROUGHOUT THE NORTH EAST CUT-TO-SIZE DELIVERED TO SITE
HUGE RANGE IN NEW AND DOWNGRADE STEEL SUPPLYING ROOFING AND FENCING PRODUCTS Frasca’s Belting, Steel & Engineering
Brand new in Baltimore Estate
OVER 10K’S IN STOCK
THERE’S nothing quite like a new home, and this one, in popular Baltimore Estate, is now ready and waiting for new owners to enjoy. Step inside and you will be impressed by the size and layout of this home with its wide formal entrance, huge master bedroom with walk-in robe and ensuite, spacious living areas, glistening new appliances and ducted heating and cooling throughout. It is a terrific home for the family needing space and comfort in one of Wangaratta’s premier residential locations. With both double and single electric roller doors there’s ample under cover parking for your vehicles, boat/trailer, or additional storage under roof. The 849 square metre block (approx.) also has provision for side access to the backyard. Full colorbond fencing is included, leaving only some rear landscaping of your choice to complete the property. Landscape options are available by the vendor. Don’t build, buy this one.
4 2 3
Agent Insite Real Estate Phone 5721 7995 Price $469,000 Location 3 Filandra Street, Wangaratta
0458 589 210 41 Gibson Street, Wangaratta ethan@frascas.com.au frascas.com.au
Naughtin’s
Bundalong
v106d00175-v52/1019
RURAL FENCING
ENGINEERING
Î
BELTING
MorrisBros
All properties listed on: www.realestateview.com.au www.domain.com.au www.realestate.com.au www.wangarattaproperty.com.au
Available 7 Days
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ENDEARING ELEGANCE WITH CONVENIENCE
SHORT WALK TO CBD
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$219,000
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$255,000
‘YOUR SUPER’ INVESTMENT
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5 RHONDA COURT
OFFERS CONSIDERED
All Services available Wide tree lined Street Best Allotments in Wangaratta
$309,000
$$125,000
$190,000
$625,000
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MorrisBros
$579,000
YOUR REIV AGENT
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$359,000
BILLABONG OUTLOOK
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NEW RELEASE.
Perfect West End location Great size for a townhouse 445m2 approx.
ARLINGTON PARK
$269,000
44A ARLINGTON PARK AVE
Perfect Location Opposite West End Playground. Retain existing tenanted home. Two sets services connected. Great opportunity for young builder.
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$900,000
DUNLOP STREET TOWNHOUSE ALLOTMENT
CORNER PROPERTY S.T.C.A
$205,000
LOW MAINTENANCE LIVING
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$599,000
SUBDIVIDABLE WEST END
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$389,000
$249,000
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$690,000
Morris Bros. Office - 5721 2014 Olivia Hutchinson − 0407 869 231 enquiries@morrisbros.com.au Brett Goodwin − 0408 574 966 29 Rowan Street, Wangaratta Kate Morris − 0409 259 388
A piece of history IT is very easy to fall in love with this beautiful property. The charming thee bedroom Federation style red brick home was once the residence of the butter factory manager. The period detail within has been lovingly maintained over the years, including polished oorboards, wide hallways, high ceilings, bay windows, picture rails, leadlight doors and ornate ďŹ re surrounds. Windows are large, allowing plenty of natural light, especially in the formal lounge and sunroom. The kitchen, meals and dining/living areas are all adjacent, and there is both gas and combustion heating and cooking. Outside wide verandahs provide the perfect opportunity to take in the gardens and creek outlook. There aer also ďŹ ve water tanks, town water, and ample shedding on the property. All of this and more in walking distance to the primary school, train station and post ofďŹ ce.
3 1 1
Picture perfect in Peechelba THIS family home offers plenty for those looking for that perfect lifestyle property. The lovingly maintained home boasts two separate living areas and an open plan kitchen and dining, with a separate study area off the formal lounge. Bedrooms two and three have built-in robes, the master bedroom has a walk-in robe and large ensuite. There is a wet bar off the dining and meals area and adjacent to a handy storage room. Other features include blackwood timber kitchen with gas stove top, electric oven, breakfast bar and pantry adjacent to an enclosed sunroom with a scenic outlook to a lagoon style dam. There is also a bore, two good sized sheds both with concrete slab, power and 4.2kw solar. Evaporative cooling and ducted heating provides comfort all year round. Raised garden beds are ready for the gardening enthusiast within a secure yard. Rural living, a handy location between Wangaratta and Yarrawonga.
Agent Garry Nash & Co. Phone 5722 2663 Price $350,000 Location 165 Anzac Road, Springhurst
3
Agent Landmark Harcourts Real Estate
2
Phone $440,000
2
Price 5722 9444 Location 111 Everitt Road, Peechelba
property guide northeast
j/14d11675-v2/35-17
Call 03 5723 0100
Email: sales@nemedia.com.au
Established 1954
Roof²[ (03) 5725 7250 0428 579 429 Marcus info@wheelersfreight.com.au wheelersfreight.com.au
Roof repair and restoration All work guaranteed
31d21721-v9/2918
Servicing to and from Melbourne, Benalla, Wangaratta, Myrtleford, Bright, Mount Beauty, Mount Hotham, Falls Creek
www.arboressence.com.au
06D09376-V9/1616
ALL FREIGHT
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A1Cleaning Septic Tank
Servicing Wangaratta & District Phone 1300 907 509 OR 0418 131 509
Fully qualified roof tiler
Local, well known tradesman
0428 218 271 E/31D54449/4518
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Call 03 5723 0100 TODAY!
j/14d11881/28-16
Clearing Sales
Residential
Land Sales
Private Sale
For Lease
For Sale
n01D08991/3517
Call Stephen Ackerly and the team on
(02) 6056 0588 (03) 5721 5774
New Estates Rentals
Rural
Regional Coverage = over 25,000 Readers
Advertise: (03) 5723 0100
New Developments
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property guide northeast
k/31d17713-v5/27-15
COVERING WANGARATTA AND NE VICTORIA Call Darren on
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