First National Property Magazine December 2023

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JANUARY JULY 2023 2024


WHAT DOES 2024 LOOK LIKE FOR YOU?

Start your property conversation today.

Front Cover: 175-181 A’Beckett Road, Narre Warren North Inside Cover: 39 Foott Road, Beaconsfield Upper

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FEATURED HOME

81 Oakview Lane, Nar Nar Goon

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SOLD - BUNYIP

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THE DECADE AHEAD | 2024-2034

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LEASED IN DECEMBER

Leasing Statistics For December 2023

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This breathtaking, custom built luxury residence presents the pinnacle

in contemporary design.

24 Oakrind Rise, Officer (featured on the cover), could just be Timbertop’s finest!

81 Oakview Lane NAR NAR GOON


Featured HOME This exquisite resort-style residence seamlessly blends elegance, comfort and entertainment for the ultimate lifestyle experience. Nestled amidst a tranquil botanical oasis, this expansive property boasts four bedrooms, three bathrooms, a tennis court, a sparkling pool, and an expansive outdoor entertainment area, surpassing all expectations. Three expansive living areas provide ample space for relaxation and entertainment while the gourmet kitchen is a chef’s dream with sleek countertops, butlers pantry and an underground cellar. This remarkable property offers a unique blend of luxury, comfort, and entertainment, creating the perfect setting for crafting lasting memories with loved ones.


SOLD 3 Haynes Close, Bunyip

Contact Todd McKenna 0418 391 182 neilsonpartners.com.au

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BERWICK SELF STORAGE UNITS solutions for all of your storage needs...

• Ranging in size from 4sqm to 34sqm • Competitive rates • Short or long term lease • Modern, clean units • 24 Hour video surveillance

Flynn McKenna 0499 999 162

• Easy access

Shannon Hynd 0499 980 100

9705 4888 100 ENTERPRISE AVENUE BERWICK neilsonpartners.com.au - 7 -


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BERWICK SELF STORAGE UNITS solutions for all of your storage needs...

• Ranging in size from 4sqm to 34sqm • Competitive rates • Short or long term lease • Modern, clean units • 24 Hour video surveillance

Flynn McKenna 0499 999 162

• Easy access

Shannon Hynd 0499 980 100

9705 4888 100 ENTERPRISE AVENUE BERWICK neilsonpartners.com.au - 23 -


THE DECADE AHEAD | 2024-2034 Fact: Victoria is growing faster than any other state in Australia with more than 10 million people expected by 2051. Fact: There are not enough homes being built for those residents to live in. Fact: The cost of renting or buying a house is the highest it’s been in decades. This issue remains a hot topic, surrounded by enormous debate on how to make it more affordable.

The State Government has recently released its housing statement, outlining a 10-year plan for the industry, claiming it will boost housing supply and push prices down. The blueprint details an ambitious goal to address the housing needs in Victoria and support the projected population explosion. Centered on supply shortfall, the objective is to construct 2.24 million new homes by the year 2051, along with an annual target of 80,000 new homes for the coming decade. The statement is organised into five sections, each containing various initiatives aimed at bolstering housing availability across all market segments: 1. GOOD DECISIONS MADE FASTER 2. CHEAPER HOUSING CLOSER TO WHERE YOU WORK

3. MORE SOCIAL ,HOUSING This breathtaking custom built luxury 4. LONG TERM HOUSING PLAN

residence presents the pinnacle 5. PROTECTING RENTERS’ RIGHTS

in contemporary design.

Whilst all of these make an interesting read, we were particularly interested in what was being put forward in relation to protecting renters’ rights.

24 Oakrind Rise, Officer

Victoria already has some of thejust strongest (featured on the cover), could be

rental protections in the country with more than Timbertop’s 130 reforms introduced in 2021 including minimum standards, bond reforms and annual rent increases. Reactions to the latest overhaul have ranged from exceptionally positive to harsh criticism.

finest!

Some of the proposed changes include: •

Restrict rent increases between successive fixed-term rental agreements

Ban all types of rental bidding

Establish Rental Dispute Resolution Victoria

Introduce a portable rental bond scheme

Extend notice of rent increase and notice to vacate periods to 90 days

Introduce mandatory training and licensing for real estate agents, property managers owner’s corporation managers and conveyancers

Make rental applications easier and protect renters’ personal information

Deliver a Rental Stress Support Package

To learn more and to read the State Governments Housing Statement document visit neilsonpartners. com.au and take a look at our latest news blog.

81 Oakview Lane NAR NAR GOON

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LEASED IN DECEMBER

CLYDE NORTH

CLYDE NORTH 72 CASTI LLO AVE 4

/ 2

15 GUE LL L ANE

$670 PW / 2

3

8/4 0 ARMY ROAD / 1

/ 2

BE ACON SFI E LD

PAKE N HA M

2

/ 2

$ 52 0 PW

/ 1

14 L ANCASTE R WAY

$ 3 4 0 PW

4

/ 2

$6 5 0 PW

/ 2

Featured HOME This exquisite resort-style residence seamlessly blends elegance, comfort and entertainment for the ultimate lifestyle experience.

Nestled amidst a tranquil botanical oasis, this expansive property boasts four bedrooms, three bathrooms, a tennis court, a sparkling pool, and an expansive outdoor entertainment area, surpassing all expectations. Three expansive living areas provide ample space for relaxation and entertainment AVERAGE VACANCY ONLINE VIEWS APPLICATIONS while the kitchen is a chef’s dream with sleek countertops, butlers pantry R Agourmet TE R E Cand EIVED an underground cellar. This remarkable property offers a unique blend of luxury, comfort, and entertainment, creating the perfect setting for crafting lasting memories with loved ones.

0.89%

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5,588


WHAT DOES 2024 LOOK LIKE FOR YOU?

Start your property conversation today.

neilsonpartners.com.au


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Neilson Partners

NARRE WARREN

BERWICK

neilsonpartners.com.au

PAKENHAM


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