OCTOBER
Insights
reliancere.com.au
TABLE OF
Contents
2 5
WELCOME A message from the CEO Sunil Kumar
ARTICLES Featured articles from the month of October
8
SALES SUMMARY
23
RENTALS ACTIVITY
31
SUMMARY
Featured Sold and On Market listings
Featured Leased and On Market listings
A quick summary of the month
SUNIL KUMAR
CEO/Founder As stage 4 lockdown prepares to come to an end, and we have witnessed the American election and second lockdown in the UK, Australian property searches have increased in October, despite border closures. Reliance teams have continued to achieve excellent results with the reintroduction of onsite inspections. With the promise of a return to office, the focused, high performing teams have been dedicated to the commitment of the utmost professional service to our clients, working to a premium standard. Buyer demand is higher than a year ago. With borrowing costs at new historic lows after the Reserve Bank’s cash rate cut last week, and people restricted in the ways in which they can spend their money, it is anticipated that demand for properties for sale will remain at elevated levels. It is expected that for the remainder of 2020 we will see high levels of demand. The Reliance rental stats remain strong with 49 leased listings and 55 new listings. 79 Routine inspections were also carried out. Our teams continue to thrive in both the virtual and real world, helping prospective buyers and tenants through some difficult and stressful ways to buy and sell. Buyers have remained enthusiastic despite trying environmental times, with a fabulous 85 properties sold and 130 new listings in October. Reliance Real Estate has always thrived for growth. After 5 years of operating out of the Point Cook town centre, we thought it was now our time to grow. What a growth this is for our team and Reliance! We are delighted to announce that in a few short weeks, we will be taking over MICM Point Cook and have a new home located at the Featherbrook shopping centre. The team at MICM Point Cook will become a part of the Reliance network, together we will be able to bring a bigger and better service to the Point Cook community. We would like to thank the Point Cook community and our clients - past and present. We believe our success is your success, passionate about our community we call Point Cook home. We’re about supporting our neighbours and local businesses but most importantly we’re here to help you achieve your property dreams. We remain hopeful of the improving times and as always are committed to our clients. With the easing of restrictions, we look forward to a brighter future for us all.
Sunil Kumar CEO/Founder
FEATURED IN OCTOBER
Articles
FEATURED IN OCTOBER
FUNDINGFORCE.COM.AU
Articles
Beginner’s Guide to Mortgage What is a mortgage? By definition, it is a type of loan offered by the bank or other financial institution that a person can use to finance the purchase of a property, It’s commonly used for buying a home. Collateral Unlike other loans, A mortgage has collateral rights to your home. It means if you don’t pay the bank back on the agreed time they can take possession of your home and sell it in the process called “Foreclosure.” Principal amount & downpayment The amount of money borrowed to buy a home is called “Principal.” You can put down a percentage of the home’s purchase price by giving a down payment to decreased your loan’s principal amount. The lenders have a variety of down payment options that can figure out which one is the best option for you. Interest rate Lenders will give you charges on the loan that you borrowed and the amount is usually expressed as a percentage called “Interest rate.” Amortisation The major parts of your monthly payments are the principal and interest rates. These are the factors for reducing your debts in a process called “Amortisation.” It is a length of time that will take to pay off the loan and own their home entirely. Insurance Aside from a mortgage loan, it is also important to acquire home insurance suggested by the lenders to cover against disastrous events and other incidents that can cause damage or losses from your home. Mortgage broker What is a Mortgage broker? A Mortgage broker like Funding Force has a connection with the primary banks in the country. We serve as the median between you as a borrower and the bank, you’re borrowing with. We will help you to acquire housing loans in a way that we’re the ones who will communicate to the bank until it got approved. We make the process easier for the borrower and all of these services are free because the bank is the one who will pay us by the commission for all of the approved housing loans we offered to them. In Australia, 60 % of housing loans came from Mortgage brokers, this means 2 out of 3 people decided to hire a mortgage broker instead of personally going to the bank. Mortgage brokering is a smart way for you to acquire a housing loan. What are you waiting for? If you want to acquire your dream house, contact us on 03-8372 2018 Under the new laws, your tenant will not be able to stop paying the rent. But they will be entitled to.
INSIGHTS REPORT OCTOBER
PAGE 5
FEATURED IN OCTOBER
RELIANCERE.COM.AU
Articles
How do Online Auctions work? All precautions are being taken here at Reliance to ensure the health & safety of both our staff & clients. Due to the pandemic, we are doing things a little differently while still providing you with above and beyond service Thanks to online programs and apps like Zoom, we have the technology to allow for online Auctions. We are here to help, below you’ll find some of our FAQ, answered! How would Purchasers Bid? Purchasers will receive a comprehensive e-mail outlining how you can register to bid, and how you can participate in the process on auction day. What are the options buyers can participate in the auction? There are multiple ways. You can register to bid and ‘attend’ the auction via zoom, where you can watch the auctioneer in action.. you can also visit a link that allows you to watch the bids as they progress, which can be done in conjunction with either of the two options outlined above. The auction rules will be read out as normal by the auctioneer and can also be accessed by bidders when they register. The Vendor’s Statement/Section 32 can be requested from the agent for your review prior to the auction as normal. How do Purchasers sign a contract if I’m the successful bidder? We are fully equipped with offsite auction contract signing, which means our vendors and purchasers can sign contracts from anywhere in the world! Deposit and residual amounts are automatically calculated, as well as settlement terms. You will receive the contracts via e-mail to sign and an executed copy is automatically sent to our office, the vendor, purchaser and each party’s conveyancer. How do I pay the deposit if I’m successful? You will need to ensure that you have a daily EFT limit of at least $10,000 prior to the auction. In the case you are the successful bidder, you will be required to pay a $10,000 deposit immediately after the auction, with the balance payable ASAP. You will then need to immediately email a copy of the deposit receipt to the agent. How do I make a bid? If you are interested in making a bid on a property, you have 3 options [1]Un-mute yourself and vocalise your bid, [2]Use the chat function to submit a bid, and [3]If the auctioneer nominates a rise, put your hand up so it is visible on the screen After the Auction Once the property has been sold, we politely ask all parties to leave the chat session, apart from the winning/ highest bidder. Once all other participants have left the online auction, the next steps will be discussed and the contract of sale will be prepared and emailed to the purchaser for signing via Docusign/Adobe. The deposit is then to be paid via an EFT transfer to the Reliance Real Estate Trust Account
INSIGHTS REPORT OCTOBER
PAGE 6
FEATURED IN OCTOBER
Sales
RELIANCERE.COM.AU
SELECTION OF
Recently Sold No.
Address
Bed Bath Car
1
33 Yuille Street, Melton
3
1
2
11 Gembrook Street, Manor Lakes
4
2
2
2/10/2020
$554,000
3
19 Guthrie Drive, Melton South
4
2
2
3/10/2020
$200,000
4
2 Patricia Place, Melton West
6
2
2
8/10/2020
$480,000
5
54 Fairhaven Boulevard, Melton West
4
2
2
9/10/2020
$495,000
6
12 Pepper Tree Court, Caroline Springs
4
2
2
11/10/2020
$628,000
7
3/33 Keeper Street, Sunbury
3
1
1
11/10/2020
$375,000
8
9 Hopbush Avenue, Sunbury
5
2
5
12/10/2020
$880,000
2
Date 1/10/2020
Price $390,000
9
34 Riverside Concourse, Cobblebank
4
2
2
13/10/2020
$570,000
10
33 Principal Drive, Wyndham Vale
5
2
2
13/10/2020
$620,000
11
12 Buloke Avenue, Manor Lakes
4
2
2
15/10/2020
$745,000
12
24 Strawberry Road, Kurunjang
4
2
2
15/10/2020
$570,000
13
11 Beauview Court, Kurunjang
3
2
2
16/10/2020
$460,000
14
39 Ludo Circuit, Truganina
4
2
2
16/10/2020
$655,000
15
81 Wembley Avenue, Strathtulloh
4
3
2
19/10/2020
$540,000
16
28 Festival Street, Diggers Rest
4
2
4
20/10/2020
$680,000
17
3 Grindall Way, Point Cook
4
2
2
20/10/2020
$588,000
18
1/6 Mingos Court, Werribee
3
2
1
20/10/2020
$425,000
19
024 Strawberry Road, Kurunjang
4
2
2
21/10/2020
$570,000
20
41 Budburst Drive, Sunbury
4
2
2
22/10/2020
$650,000
INSIGHTS REPORT OCTOBER
PAGE 8
RELIANCERE.COM.AU
SELECTION OF
Recently Sold No.
Address
Bed Bath Car
Date
Price
21
11 Precious Road, Diggers Rest
3
2
1
24/10/2020
$470,000
22
55 Hawkstone Road, Manor Lakes
4
2
2
26/10/2020
$565,000
23
7 Clarendon Avenue, Craigieburn
3
2
1
26/10/2020
$512,000
24
1 Dumbarton Circuit, Melton West
3
2
6
26/10/2020
$545,000
25
36 Lady Penrhyn Drive, Wyndham Vale
4
2
2
27/10/2020
$560,000
26
7 Flora Way, Tarneit
4
2
2
27/10/2020
$700,000
27
25 Brooksby Circuit, Melton West
4
2
2
27/10/2020
$440,000
28
7 Brooksby Circuit, Harkness
4
2
2
27/10/2020
$440,000
29
73 Kirkton Drive, Kurunjang
3
2
2
27/10/2020
$416,000
30
11 Phillip Drive, Wyndham Vale
3
2
2
27/10/2020
$460,000
31
5 Topiary Street, Truganina
4
2
2
27/10/2020
$675,000
32
1/7 Djerriwarrh Court, Kurunjang
4
3
4
28/10/2020
$895,000
INSIGHTS REPORT OCTOBER
PAGE 9
Sell your home Off-Market with Reliance Appoint your Reliance Agent to launch your Off-Market Selling Campaign.
Over 100 Reliance agents built our buyers database with 60,000+ buyers from all other property related marketing e.g open homes, online portal enquiries.
All other Reliance agents are notified of your property for maximum buyer exposure throughout the network.
Bulk communication is made with all matching potential purchasers via email, SMS & telephone. VIP viewings and private inspections are conducted.
Offers and interest are received & reviewed.
Property is sold or valuable market intelligence is gained for open market release.
INSIGHTS REPORT OCTOBER
PAGE 10
SUBURB IN THE SPOTLIGHT
RELIANCERE.COM.AU
The History of Caroline Springs
Photo Credit: Victorian Places – Caroline Springs Lake Caroline Springs is a residential area which is 22km north-west of Melbourne, Victoria and is located with the City of Melton. In 1998 Caroline Springs was a development by Lend Lease Corporation and they forecasted that it could potentially grow the population to the area to about 23,000. Caroline Chisholm is the 19th-century philanthropist who established multiple shelters for emigrants which is now the Western Freeway it was only fitting that Caroline Springs was named after her. In 2004 Caroline Springs saw the opening of its very own shopping centre called CS Square. The centre was only small and was outgrowing the growth in the area it was then in March 2019 that the centre did a 45 million expansion and now featuring over 75 retailers. In the early years of Caroline Springs, it was a very affordable area as the main source of transport was by car. Caroline Springs is now home to multiple bus lines to and from the area as well as opening Caroline Springs Railway Station on the 29th January 2017. Fun Facts: • First Post Office opened on the 8th August 2005 • 5 star hotel owned by Mercure group opened in August 2009 costing $40 million to build • Home to Caroline Springs a new hotel & entertainment complex West Waters opened in 2013 • On the 15th May 2002 discussions began to develop the game of football to the area and formally naming it Caroline Springs Football Club • Simon Perry a Melbourne sculptor, made what is now enjoyed by locals at the Lake Caroline Reserve the “On Tap” in 2007
INSIGHTS REPORT OCTOBER
PAGE 11
RELIANCERE.COM.AU
SELECTION OF
Just Listed No.
Address
Bed Bath Car
Date
1
14 Spirit Avenue, Point Cook
4
2
2
1/10/2020
Contact agent
2
19 Hazel Street, Melton South
3
1
1
2/10/2020
$390,000-$415,000
3
1/9 Rivercoast Road, Werribee South
3
2
2
2/10/2020
Contact agent
4
20 Jourama Road, Truganina
3
2
2
2/10/2020
$590,000-$620,000
5
4 Maidenhair Drive, Point Cook
5
2
2
2/10/2020
$760,000-$800,000
6
100 Malibu Boulevard, Point Cook
4
2
2
4/10/2020 $790,000-$830,000
7
45 Galilee Boulevard, Harkness
4
2
2
5/10/2020 $569,000-$599,000
8
32 Spearmint Boulevard, Manor Lakes
4
2
2
5/10/2020
Contact agent
9
1 Moonie Court, Werribee
4
2
4
5/10/2020
Contact agent
10
10 Cardell Street, Maddingley
5
2
2
5/10/2020
Contact agent
11
1/78 Westmeadows Lane, Truganina
3
2
1
5/10/2020
Contact agent
12
3 Holly Green Circuit, Truganina
3
2
2
5/10/2020
Contact agent
13
6 Chandler Street, Werribee South
4
2
2
6/10/2020
14
22 Snowy Road, Weir Views
4
2
2
6/10/2020
Contact agent
15
5 Joyous Street, Wyndham Vale
5
3
2
6/10/2020
Contact agent
16
9 Bolcarra Grove, Truganina
4
2
2
7/10/2020 $690,000-$720,000
17
44 Aitken Avenue, Hoppers Crossing
3
2
2
8/10/2020
Contact agent
18
6 Champion Court, Truganina
3
2
2
8/10/2020
Contact agent
19
52 Constantine Drive, Point Cook
3
2
2
9/10/2020
Contact agent
20
19 Perennial Drive, Kurunjang
3
2
1
9/10/2020
Contact agent
INSIGHTS REPORT OCTOBER
Price
$699,000
PAGE 12
RELIANCERE.COM.AU
SELECTION OF
Just Listed No.
Address
Bed Bath Car
Date
Price
21
13 Conteve Way, Truganina
4
2
2
12/10/2020
$630,000-$670,000
22
21 Trinacria Court, Deer Park
2
1
1
12/10/2020
$370,000-$380,000
23
6 St Patricks Place, Tarneit
4
2
10
12/10/2020
Contact agent
24
34 Licina Road, Brookfield
4
2
1
12/10/2020
Contact agent
25
1 Chapel Street, Point Cook
3
2
2
12/10/2020
Contact agent
26
593 Elizabeth Drive, Sunbury
5
2
3
12/10/2020 $545,000-$585,000
27
54 Rhonda Crescent, Truganina
4
2
2
13/10/2020
Contact agent
28
65 Millbrook Drive, Wyndham Vale
3
2
2
13/10/2020
Contact agent
29
11 Matheson Avenue, Wyndham Vale
4
2
1
13/10/2020
Contact agent
30
9 Lancaster Drive, Point Cook
5
2
4
13/10/2020
Contact agent
31
1/4 Brazil Court, Melton West
3
2
1
14/10/2020 $409,000-$429,000
32
87 Caitlyn Drive, Harkness
4
2
2
14/10/2020 $539,000-$569,000
33
19 Tristania Drive, Point Cook
4
2
2
15/10/202
34
12 Perkins Avenue, Hoppers Crossing
3
1
4
16/10/2020
35
35 Woolshed Drive, Truganina
4
2
2
36
25 Raleighs Road, Melton
3
1
2
19/10/2020
$410,000
37
112 Yuruga Boulevard, Point Cook
4
2
2
20/10/2020
$800,000
38
10 Horan Way, Weir Views
5
2
2
20/10/2020 $490,000-$520,000
39
4 Portland Avenue, Truganina
3
2
1
20/10/2020 $430,000-$450,000
40
4 Gallop Court, Truganina
3
2
2
20/10/2020
INSIGHTSREPORT REPORTOCTOBER SEPTEMBER INSIGHTS
$750,000-$780,000
Contact agent
16/10/2020 $760,000-$790,000
$540,000-$570,000
PAGE PAGE 18 13
RELIANCERE.COM.AU
SELECTION OF
Just Listed No.
Address
Bed Bath Car
Date
Price
41
84 Grassbird Drive, Point Cook
4
2
2
20/10/2020
Contact agent
42
7/3-11 Retford Close, Werribee
3
1
1
20/10/2020
Contact agent
43
147 Marquands Road, Truganina
5
2
2
21/10/2020
Contact agent
44
11 Stretton Drive, Brookfield
4
2
2
21/10/2020
$670,000
45
23 Guthrie Drive, Melton South
4
2
2
21/10/2020
$499,000-$515,000
46
271 Princes Highway, Werribee
4
2
2
21/10/2020
Contact agent
47
20/51-55 Tullidge Street, Melton
3
2
2
21/10/2020
$359,000-$379,000
48
24 Chartwell Avenue, Truganina
3
2
2
21/10/2020 $550,000 - $570,000
49
24 Becontree Crescent, Strathtulloh
3
2
2
22/10/2020 $420,000-$450,000
50
40 Springbrook Parkway, Cobblebank
4
2
2
22/10/2020
51
21 Liverpool Street, Point Cook
4
2
2
22/10/2020 $840,000-$870,000
52
7 Reynolds Place, Melton South
4
3
2
22/10/2020 $460,000-$480,000
53
9 Josebury Road, Tarneit
3
2
2
23/10/2020
54
4 Yaringa Street, Tarneit
4
2
2
23/10/2020
55
43 Tilley Drive, Maddingley
3
2
2
23/10/2020 $480,000-$500,000
56
11 Pavey Street, Tarneit
4
3
2
23/10/2020 Contact agent
57
9 Rosewater Street, Manor Lakes
5
3
2
24/10/2020 Contact agent
58
26 Aviation Drive, Diggers Rest
4
2
2
25/10/2020 $645,000 - $675,000
59
5 Cabarita Street, Truganina
4
2
2
25/10/2020
$600,000 - $630,000
60
14 Komodo Drive, Tarneit
3
2
2
26/10/2020
Contact agent
INSIGHTSREPORT REPORTOCTOBER SEPTEMBER INSIGHTS
Contact agent
Contact agent Contact agent
PAGE PAGE 18 14
RELIANCERE.COM.AU
SELECTION OF
Just Listed No.
Address
Bed Bath Car
Date
Price
61
4 Ixora Crescent, Manor Lakes
4
2
2
26/10/2020
$510,000-$550,000
62
1 Rialto Street, Point Cook
4
1
1
26/10/2020
$740,000-$760,000
63
38 Seagrass Crescent, Point Cook
4
2
2
21/10/2020
$765,000
64
4 Antonio Drive, Melton South
5
2
2
26/10/2020
$550,000-$570,000
65
12 Crilly Street, Tarneit
4
3
2
26/10/2020
Contact agent
66
1/20 Mermaid Crescent, Wyndham Vale
3
2
2
26/10/2020
Contact agent
67
9 Scarborough Crescent, Harkness
6
2
2
26/10/2020
Contact agent
68
5 Kevin Court, Melton South
4
2
2
26/10/2020
$550,000-$570,000
69
43A Claremont Crescent, Hoppers Crossing
3
2
2
27/10/2020
Contact agent
70
4 Guthrie Drive, Melton South
4
2
2
27/10/2020
$530,000-$560,000
71
39A Darlingsford Boulevard, Melton
4
2
2
27/10/2020
$479,000-$509,000
72
13 Dianella Street, Point Cook
4
2
2
28/10/2020
$700,000 - $740,000
73
63 James Melrose Drive, Brookfield
3
2
2
28/10/2020
$440,000-$470,000
74
8 Barnsbury Road, Wyndham Vale
3
2
2
28/10/2020
Contact agent
75
17 Hazel Street, Melton South
3
2
2
29/10/2020
Contact Agent
76
19 Horatio Street, Point Cook
4
3
2
29/10/2020
$820,000-$860,000
77
2/4 Legana Court, Werribee
2
1
1
30/10/2020
Contact agent
78
22 Spring Drive, Hoppers Crossing
3
2
4
30/10/2020
$479,000-$519,000
79
57 Roehampton Drive, Strathtulloh
4
2
2
31/10/2020
$530,000-$550,000
INSIGHTSREPORT REPORTOCTOBER SEPTEMBER INSIGHTS
PAGE PAGE 18 15
SUBURB IN THE SPOTLIGHT
RELIANCERE.COM.AU
The History of Gisborne
Photo Credit: Wikipedia – Gisborne Fountain
Gisborne is a suburb about 54km north-west of Melbourne, Victoria. It is located within the Macedon Ranges Shire and is also the largest town within the shire. Gisborne is known for its country lifestyle and all its history. Dja Dja Wurrung and Wurundjeri Aboriginal people were the original inhabitants of the area and still to this day are still active in the area. It wasn’t until the 24th March 1837 that Gisborne was first settled upon by European George Hamilton. In 1840 a gentleman Henry Fyshe Gisborne, Commissioner of Crown Lands set up in Gisborne to assist with the suppression of Aboriginal resistance. It was later on in 1851 when Gisborne was surveyed and was named after him. Gisborne Railway Station is serviced by V/Line and is a two-sided platform station. The railway was first built in 1861 and services both Gisborne and the New Gisborne areas. As well as having a train service the area Heritage Listed Sites: • The Gisborne Mains Homestead – Brooking Road, Gisborne • Gisborne War Monument – Brantome Street, Gisborne • Macedon House – 1 Kilmore Road, Gisborne • Gisborne Shelter Shed – Melbourne Road & Hill Street, Gisborne Fun Facts: • Gisborne first became a shire in 1871 • Towns first Catholic Church was first built in 1875 • Gisborne became apart of the Macedon Ranges Shire in 1995 • Gisborne first post office opened on the 22nd March 1850 • The Gisborne’s Court House and lock-up was first built in 1858 and is still standing today • Gisborne’s Pioneer Park first opened on Australia Day 1997 • In 1840 the first public building in the district was called Travellers’ Rest Hotel but later renamed the Bush Inn in honour of Henry Fyshe Gisborne.
INSIGHTS REPORT OCTOBER
PAGE 16
Auctions are back!
RELIANCERE.COM.AU
SALES TEAM
Meet Our
AJ
Aarti Puri
Abhi Elawadhi
Abhishek Parashar
Ajay Nain
Akash Choudhary
Akhil Kansal
Deepak Walia
Dhruv Chaudhary
Gurmit Singh Aiden
Divyesh Waghela
Harry Patel
INSIGHTS REPORT OCTOBER
Donna Carson
Glenda Del Pilar
Inder Vasu
Jd Patel
PAGE 18
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SALES TEAM
Meet Our
Jessica Leng
Kamlesh Kamani
Kanan Patel
Karan Vejrani
Kaydee Singh
Mavi Singh
Meenu Mehndiratta
Michael Tran
Mick Vashisht
Milan Neotane
Moonah Ahmed
Mukesh Kumar
Nam Duy Tran (danny)
Namneet Walia
Karan Kapoor
Jimmy Gill
INSIGHTS REPORT OCTOBER
PAGE 19
RELIANCERE.COM.AU
SALES TEAM
Meet Our
Nik Behl
Nirav Parikh
Nitesh Rana
Pratik Shah
Prince Dhir
Priya Chowdary
Raj Pratap
Rajbir Bains
Ravi Khepar
Rakesh Neotane
Ravi Gupta
Ruban Kaur
Sagar Singh
Sandy Rana
Seemaa Kaur
Rushita Vagdhan
INSIGHTS REPORT OCTOBER
PAGE 20
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SALES TEAM
Meet Our
Shubham Rana
Sunil Kumar
Socorro Gomez
Sushant Peshin
Swati Rana
Taney Jain
Tejveer Singh
Varun Vagdhan
Vik Monga
Vikas Rana
Vee Sharma
INSIGHTS REPORT OCTOBER
PAGE 21
FEATURED IN OCTOBER
Rentals
OUR OCTOBER
RELIANCERE.COM.AU
Leased Properties Compare our results with other local agencies..
CAROLINE SPRINGS
POINT COOK
OTHER AGENCIES
OTHER AGENCIES 5
10
15
20
MELTON
TARNEIT
OTHER AGENCIES
OTHER AGENCIES 5
10
15
20
WERRIBEE
SUNBURY
OTHER AGENCIES
OTHER AGENCIES 5
10
INSIGHTS REPORT OCTOBER
15
20
5
10
15
20
5
10
15
20
5
10
15
20
PAGE 23
OUR OCTOBER
RELIANCERE.COM.AU
Median Rent CAROLINE SPRINGS
POINT COOK
OTHER AGENCIES
OTHER AGENCIES $300 $350 $400 $450
$300 $350 $400 $450
MELTON
TARNEIT
OTHER AGENCIES
OTHER AGENCIES $300 $350 $400 $450
$300 $350 $400 $450
WERRIBEE
SUNBURY
OTHER AGENCIES
OTHER AGENCIES $300 $350 $400 $450
INSIGHTS REPORT OCTOBER
$300 $350 $400 $450
PAGE 24
PROPERTY MANAGEMENT TEAM
Meet Our
Ashlee Sciberras
Bansari Raval
Deepthi Yedla
Isha Monga
Matthew Buller
Nikki Kaur
Rahul Mandhan
Samantha Grima
Sanchit Walia
Serene Lai
Vita Wibianty
Tyra Suemai
INSIGHTS REPORT OCTOBER
PAGE 25
RELIANCERE.COM.AU
SELECTION OF
Recently Leased No.
Address
Bed Bath Car
Date
Price
1
18 Guidance Way, Tarneit
1
1
1
1/10/2020
$240 Per week
2
17 Chorley Street, Strathtulloh
4
2
2
2/10/2020
$420 Per Week
3
8 Watagan Street, Tarneit
4
2
2
5/10/2020
$420 Per Week
4
6 Stannifer Street, Tarneit
4
2
2
5/10/2020
$390 Per Week
5
29 Greenleaf Circuit, Tarneit
4
2
2
5/10/2020
$380 Per Week
6
654 Armstrong Road, Wyndham Vale
4
2
2
5/10/2020
$400 Per Week
7
25 Iluka Drive, Werribee
3
2
2
5/10/2020
$350 Per Week
8
11 Patchouli Street, Truganina
3
2
1
5/10/2020
$390 Per Week
9
46 Willmott Drive, Hoppers Crossing
4
2
2
6/10/2020
$390 Per Week
10
8 Tangelo Terrace, Werribee
4
2
2
6/10/2020
$380 Per week
11
10 Rockson Drive, Truganina
4
2
2
7/10/2020
$410 Per Week
12
58c Tom Roberts Parade, Point Cook
3
2
2
7/10/2020
$395 Per Week
13
13 Yamada Street, Truganina
4
2
2
7/10/2020
$410 Per Week
14
Unit 82/27 Turva Avenue, Tarneit
2
1
1
7/10/2020
$330 Per Week
15
1 Bottlebrush Drive, Hoppers Crossing
3
1
2
7/10/2020
$340 Per Week
16
16/2 Rockgarden Drive, Truganina
3
2
2
7/10/2020
$370 Per Week
17
44/27 Turva Avenue, Tarneit
2
1
1
7/10/2020
$330 Per Week
18
3/44 Fitzroy Street, Altona Meadows
2
1
1
8/10/2020
$370 Per Week
19
66 Westcott Parade, Rockbank
3
1
2
8/10/2020
$350 Per Week
20
130 Morris Road, Hoppers Crossing
4
2
9/10/2020
$350 Per Week
INSIGHTS REPORT OCTOBER
PAGE 26
RELIANCERE.COM.AU
SELECTION OF
Recently Leased No.
Address
Bed Bath Car
21
47 Hollington Crescent, Point Cook
3
2
2
22
5/45 Hatchlands Drive, Deer Park
2
1
23
10 Allen Street, Laverton
3
24
20 Labero Drive, Tarneit
25
Date
Price
9/10/2020
$375 Per Week
1
11/10/2020
$360 Per Week
1
2
12/10/2020
$330 Per Week
4
2
2
13/10/2020
$380 Per Week
2/8 Don Avenue, Hoppers Crossing
2
1
1
13/10/2020
$330 Per Week
26
15 Roosevelt Way, Point Cook
3
2
1
15/10/2020 $360 Per Week
27
32 Galvin Street, Altona
3
1
1
16/10/2020 $300 Per Week
28
59 Cuttlefish Circuit, Tarneit
4
2
2
16/10/2020 $420 Per Week
29
14 Alberfeldie Drive, Truganina
4
2
2
16/10/2020
$380 Per Week
30
24 Conservation Way, Weir Views
5
2
4
16/10/2020
$375 Per Week
31
7 Aniseed Close, Point Cook
4
2
2
22/10/2020 $430 Per Week
32
8 Colonial Circuit, Tarneit
4
2
2
22/10/2020 $420 Per Week
33
1B Meek Street, Werribee
2
2
1
22/10/2020 $340 Per Week
34
Unit 1/70 Anderson Road, Sunbury
2
1
1
26/10/2020 $350 Per Week
35
13 Ajax Street, Truganina
4
2
2
26/10/2020 $400 Per Week
36
19 Bellview Drive, Rockbank
4
2
2
27/10/2020 $380 Per Week
37
4 Sleeth Court, Melton West
4
2
2
27/10/2020 $420 Per Week
38
28 Vilnius Way, Truganina
3
2
1
28/10/2020 $370 Per Week
39
16 Shady Street, Werribee
4
2
2
28/10/2020 $370 Per Week
40
Unit 1/122 Shaws Road, Werribee
2
1
1
29/10/2020 $290 Per Week
INSIGHTSREPORT REPORTOCTOBER SEPTEMBER INSIGHTS
PAGE 27 18 PAGE
SUBURB IN THE SPOTLIGHT
RELIANCERE.COM.AU
The History of Hoppers Crossing
Mossfiel Primary School, Hoppers Crossing – Photo Credit: house.speakingsname.com
Hoppers Crossing is a suburb in the south-west of Melbourne, Victoria and is located within the City of Wyndham. The suburbs name originated from local residents of the area, Stephen Hopper. Hoppers Crossing only had a general store up until 1963. It wasn’t until 1983 where we saw the suburb opening its own shopping centre which included a Target, Safeway but now known as Woolworths and only 10 other retailer stores. The first primary school to open in the area was Mossfiel Primary School which opened in 1970 and is still open to this day. The red river gum of the Werribee River Valley is the reason for the school uniform colours which are now green and gold. Hoppers Crossing railway station first opened on the Werribee line on the 16th November 1970 which was located on the western side of Old Geelong Road. In 1980 proposals were made for the station due to stationary trains blocking the level crossing, the station was relocated eastern side of the crossing in 1983. Land began to be subdivided in 1963 by former shearer Baden Powell. The first blocks sold all those years ago sold for only six hundred dollars. Powell was a very dedicated Richmond fan so many of the street names were named after former Richmond Football players. Fun Facts • According to the 2016 Census, the population of Hoppers Crossing was 38,701 • First Post Office opened on the 2nd June 1975 • Australian triple Olympian Russell Mark calls Hoppers Crossing home • Skeleton Creek has been home to many native reptiles such as tiger snakes, brush • tail possums and striped skinks just to name a few.
INSIGHTS REPORT OCTOBER
PAGE 28
RELIANCERE.COM.AU
SELECTION OF
Just listed No.
Address
Bed Bath Car
1
90 Bruckner Drive, Point Cook
4
3
2
5/10/2020
2
Unit 2/21 Red Robin Road, Truganina
3
2
1
6/10/2020
$370 Per Week
3
10 Denali Road, Truganina
4
2
2
6/10/2020
$430 Per Week
4
6 Shield Road, Point Cook
3
2
2
6/10/2020
$380 Per Week
5
15/2 Rockgarden Drive, Truganina
2
1
1
6/10/2020
$340 Per Week
6
7 Parrot Drive, Weir Views
3
2
1
7/10/2020
$330 Per Week
7
11 Granya Street, Tarneit
3
2
2
7/10/2020
$410 Per Week
8
Unit 2/30 Harrow Place, Truganina
3
2
1
8/10/2020
$350 Per Week
9
12 Archie Street, Tarneit
3
2
2
8/10/2020
$350 Per Week
10
8 Kilpatrick Street, Tarneit
4
2
2
9/10/2020
$400 Per Week
11
30 Exford Road, Melton South
4
2
2
9/10/2020
$310 Per Week
12
26 Wagner Drive, Werribee
4
2
2
12/10/2020
$365 Per Week
13
22 Augusta Way, Strathtulloh
4
2
2
13/10/2020
$380 Per Week
14
9 Creswick Drive, Point Cook
3
2
1
14/10/2020
$390 Per Week
15
18 Barramunga Street, Tarneit
4
2
2
15/10/2020
$410 Per Week
16
1 Harriet Street, Werribee
4
2
2
16/10/2020
$370 Per Week
17
276D Sayers Road, Truganina
4
2
2
19/10/2020
$430 Per Week
18
13 Lucas Terrace, Taylors Hill
3
2
1
19/10/2020
$400 Per Week
19
12 Gazley Court, Altona Meadows
3
2
2
20/10/2020
$380 Per Week
20
7 Zetland Way, Tarneit
4
2
2
20/10/2020
$430 Per Week
INSIGHTSREPORT REPORTOCTOBER SEPTEMBER INSIGHTS
Date
Price $450 Per Week
PAGE 29 18 PAGE
RELIANCERE.COM.AU
SELECTION OF
Just listed No.
Address
Bed Bath Car
Date
Price
21
51 Newforest Drive, Aintree
4
2
2
21/10/2020
$430 Per Week
22
43 Mapleton Boulevard, Melton South
2
1
1
21/10/2020
$340 Per Week
23
2B Sedgefield Avenue, Truganina
4
2
2
22/10/2020
$380 Per Week
22/10/2020
$420 Per Week
24
2 Airfield Grove, Point Cook
4
2
2
25
Unit 5/66 Duncans Road, Werribee
2
1
1
26/10/2020
$310 Per Week
26
12 Tributary Way, Weir Views
4
2
2
27/10/2020
$400 Per Week
27
41 Jupiter Drive, Truganina
4
2
2
27/10/2020 $460 Per Week
28
26 Meighen Circuit, Melton South
4
2
2
27/10/2020
$380 Per Week
29
2/49 Ivanhoe Avenue, St Albans
2
3
2
27/10/2020
$400 Per Week
30
12 Havelock Place, Wyndham Vale
2
1
1
28/10/2020
$300 Per Week
31
1 Champion Court, Truganina
3
2
2
28/10/2020
$370 Per Week
32
3 Virk Street, Thornhill Park
4
2
2
28/10/2020 $400 Per Week
33
41/27 Turva Avenue, Tarneit
3
2
2
29/10/2020 $370 Per Week
34
684 Tarneit Road, Tarneit
4
2
2
29/10/2020 $390 Per Week
35
1/24 Tyler Crescent, Tarneit
2
1
1
30/10/2020 $345 Per Week
36
25 Hilda Drive, Brookfield
3
2
2
30/10/2020 $370 Per Week
37
20 Grace Street, Melton South
3
2
2
30/10/2020 $320 Per Week
INSIGHTSREPORT REPORTOCTOBER SEPTEMBER INSIGHTS
PAGE 30 18 PAGE
PROPERTY MANAGEMENT
RELIANCERE.COM.AU
Summary 49
LEASED PROPERTIES
$401 55 79
AVERAGE LEASE PRICE PER WEEK
NEW LISTINGS FOR LEASE
ROUTINE INSPECTION
INSIGHTS REPORT OCTOBER
PAGE 31
RELIANCERE.COM.AU
SALES
Summary 85
SOLD PROPERTIES
$643K 77
AVERAGE SALE PRICE
PROPERTY APPRAISALS
130
NEW LISTINGS
INSIGHTS REPORT OCTOBER
PAGE 32
RELIANCE HQ 10/22-30 Wallace Avenue Point Cook VIC 3030 (03) 8372 2018 hq@reliancere.com.au
