MK Summer News 2022

SUMMER 2022

CELEBRATING OVER 31 YEARS OF SERVICE IN THE NORTH EASTERN SUBURBS

The outlook for buying, selling and investing in 2022

Market Report

Welcome to Summer: It’s been worth the wait.

As we approach the end of the year, the word on everyone’s lips right now is “rain”. It has been an unusual Spring across Australia with record breaking rainfalls along the East Coast testing even the most stoic of people. However, they say there are no rainbows without rain, and we look forward to an exciting and busy end of the year when we can showcase our suite of properties with gardens that have thrived during this wet spell.

On Cup Day, the Reserve Bank announced a further 0.25 basis points interest rate hike in its’ rate tightening cycle. BIS Oxford

WELCOME TO THE SUMMER EDITION OF THE MORRISON KLEEMAN PROPERTY REPORT.

senior economist Sean Langcake suggests there could be relief in sight, predicting the RBA was “near the summit” of rate increases, with just two more 0.25 percentage point hikes by the end of the year.

PropTrack senior economist Eleanor Creagh said rapidly rising interest rates have rebalanced the housing market from last year’s extraordinary levels of growth.

In signs that the market is gradually gaining momentum again, there were 2,155 auctions held across the combined capital cities in the last week of October, rising above 2,000 for just the third time since late June. Closer to home, there

were 1,141 homes taken to auction in Melbourne this week, the busiest auction week since the city has seen since the week ending 19th June.

As the city gears up to celebrate the festive season, we can sense a resurgence in the property market. Whether its resort-style luxury, or low maintenance living, our range of stunning new listings suit every lifestyle and we look forward to a highly successful Summer.

If you are thinking of selling or would like some real estate advice or assistance contact the team at Morrison Kleeman to experience the MK difference today!

Copyright Morrison Kleeman – Views expressed by contributors in this publication are not necessarily endorsed by Morrison Kleeman. No responsibility is accepted by Morrison Kleeman or the editor for the accuracy of the information contained in the text and/or the advertisements. The information contained within is general in nature only and should not be relied upon. Specific professional advice should be sought if the reader intends to consider the information provided further. No reproduction or transmission is permitted without the prior written permission of Morrison Kleeman. If your property is exclusively listed with another agent, please disregard this communication.

Notable Local Writer: Liz Montanaro

Marketing Coordinator: Laura Priddle

Project Manager: Amanda McGibbon

Notable Locals

PEOPLE AND PLACES OF NOTE IN THE DIAMOND VALLEY

ST HELENA

DEGANI ST HELENA

Manysay, “it takes a village to raise a child”, but I say it takes a really good café to grow a village. For the locals in St Helena, Degani is just that café.

Since 2019, business partners and cousins, Kosta and Peter, have been serving delicious coffee from their popup Degani coffee cart in St Helena marketplace and winning the hearts of locals. Plans to move into a permanent store were temporarily put on hold with the onset of COVID and two years of intermittent lockdowns. Whilst the pandemic brought uncertainty to many businesses, Kosta and Peter kept their coffee cart open, serving coffee and getting to know the network of locals who found themselves house-bound during Melbourne’s restrictions. Over time their coffee-cart became a social meeting place, and the pair enjoyed meeting the partners, children, family, and friends of their regular customers. They built such a close rapport with the local community that their plans to open their own Degani Cafe are now back in full swing.

Kosta and Peter are the perfect partnership of professionalism, warmth, and enthusiasm. Kosta and Peter have a combined fourteen years’ experience as baristas. Peter makes me a latte while Kosta shares the secret of brewing the perfect coffee. Premium roasted coffee beans and the expertise of the barista are essential. Even more so is achieving the perfect coffee extraction, not too fast and not too slow. It boils down to how well the beans have been grounded, which affects the flow of water into the cup. Kosta explains the process with the expertise of a scientist. But it’s this precision and knowledge that leads to the best results and the best coffee.

“It’s a balancing act”, Kosta says “but it all comes out gracefully in the end”. My latte is both graceful and utterly delicious. The duo set themselves high standards, and it’s this attention to detail that makes their coffee is so good. “Ultimately”, says Kosta, “if it’s not good enough, we don’t serve it”.

The new Degani store presents plenty of exciting opportunities for Kosta and Peter. Firstly, there is the new San Remo F18 coffee machine

on order from Italy. Typical of most Italian engineering, it’s high-tech and a beauty. Then there is the beautiful stone and timber fit-out, with bench seating inside and dedicated table seating out front. The new kitchen will deliver a modern, seasonal breakfast and lunch menu, with plenty of GF and vegan options. As well as a range of delicious salads and focaccias, expect to see chicken parmas, steak sandwiches, burgers, and gourmet pastries. In terms of treats, there will be the cabinet of gorgeous macaroons, cakes, and sweet and savoury pastries that Degani is famous for.

Work is underway for a mid-November opening. Degani St Helena will be open Monday to Sunday. Check website for opening hours.

Degani St Helena

5/214 Aqueduct Rd, St Helena VIC 3088

www.degani.com.au stehelena@degani.com.au

Facebook: @DeganiStHelena

Notable Locals

LATROBE GOLF PARK

Golfis booming. Since the pandemic, its growth in popularity in Australia has been phenomenal. Figures recently released by the Golf Council of Australia found that an astounding 9 million Australians have expressed an interest in golf. Latrobe Golf Park is the ultimate golf destination for those wanting to try golf and have fun.

Located in Plenty Rd Bundoora, Latrobe Golf Park is an Adventure Mini Golf Course and Indoor TrackMan Golf Simulator Centre that makes golf a total adventure for golfers of all abilities. It is pure golf heaven. As well as a great venue for experienced golfers to perfect their game, it provides the perfect entry point for budding golfers because it offers a golfing experience unlike regular golf clubs. Its relaxed and welcoming environment allows people to feel welcome and included, regardless of skill or age. Whether it’s playing mini golf, practicing with a golf simulator, or hosting a corporate function, Latrobe Golf Park makes golf fun in so many ways.

Firstly, they have Trackman 4 Golf

simulators. Ever wanted to play golf at St Andrews? Not down the road, but in Scotland, the spiritual home of golf? These simulators can make it happen, transporting golfers away from Plenty Rd Bundoora to any one of its 120 virtual golf courses. They are extraordinarily realistic. What’s more, the simulator technology tracks and displays the full trajectory of each golf shot and then stores the data giving golfers all the information they need to improve their game. Rather than smashing balls at a driving range, golfers can practice with feedback, making the experience much more rewarding. It’s so effective that coaches at the Golf Park use the simulators for their coaching sessions. And because the venue is licenced, this is the perfect day or night out with friends or workmates.

Then there are the two 36 hole minigolf courses. An impressive 6m tall giraffe gazes over the lush green minicourses which are dotted with streams, boulders, caves and bridges. It feels like a small safari park with its menagerie of animal and bird sculptures. A chimpanzee lounges on a park bench, whilst an elephant spouts

water in a nearby pond. With a huge, shaded outdoor eating area, this is the perfect venue for a kid’s party, work function or date night.

For time poor commuters needing a quick caffeine fix, Latrobe Golf Park also has a drive thru coffee called the Early Birdie. As well as great coffee, the café serves a range of herbal teas, milkshakes, smoothies and iced drinks. You can grab an egg and bacon roll, filled croissant, muffins, cookies or a banana bread without leaving the car. Whether it’s to improve your golf game, or organizing a Christmas function with work or friends, the Latrobe Golf Park has a range of function packages that will cater to your needs.

Latrobe Golf Park 906 Plenty Rd, Bundoora VIC 3083

www.latrobegolfpark.com.au 03 9470 4481

Facebook: @LatrobeGolfPark Instagram: @latrobegolfpark

About the Team

What Our Client’s Say About Us

Ben’s professionalism and dedication has been first class throughout the process of leasing my property. Living overseas adds an extra level of concern when owning a rental property. Ben’s regular communications via email and updates to my family in Melbourne have been much appreciated, putting my mind at ease throughout the entire journey. I highly recommend Ben’s services as a property manager, his commitment to the job has far exceeded my expectations.

– Scott

Luke was very professional. Answered all our queries and gave honest feedback on our investment property. He always returns calls in a timely manner. Would strongly recommend.

– Nicole

Carla is very personable, is an exceptionally good communicator, and always responds in a timely manner. She ‘project manages’ my property very well and is sensible in her approach to get things done. Carla is a great asset to MK, as are the other people I have had interaction with.

Ainsley is so helpful and on top of everything I know she is just a phone call away and we don’t need to worry about a thing! Would highly recommend her! Thanks so much Ainsley Garth!

– Jess

Cathy had been a pleasure to have as our rental manager, she always takes my calls and gets things done in a timely manner. With the COVID situation she has always kept us in the loop which put us at ease regarding rent received. I have felt very comfortable approaching Cathy for any concerns I have as she always takes the time to find me a solution.

– Helen

Excellent Service! I was very pleased! as a first time owner with the support and guidance I received to lease out my property. Rachael was professional, friendly, efficient and her knowledge was outstanding. I am very happy with the results we achieved and look forward to working with Rachael and the team at Morrison Kleeman.

– Sarah

Tanya is a conscientious and helpful property manager. I have felt like she manages the property as if it was her own. I also see that she manages the tenants well too. Tanya is professional in all the aspects of her role and I am happy to recommend her to any prospective clients. I feel I can trust in Tanya to take care of all matters.

– Reymond

I have two properties with Morrison Kleeman & if I was to purchase another, it would only be in an area covered by MK - I’m that pleased with the service! Natalie Lamers has guided me through a number difficult tenant/property issues and I’m 100% satisfied with all of the outcomes. Her expertise, attention to detail and follow up is excellent… Natalie’s patience & professionalism is exceptional - before phoning me with a potential issue, Natalie’s always got a handful of solutions ready for consideration. I’m happy to be contacted by any prospective landlord to share my positive experiences with Natalie.

– Nick

Natalie Lamers

Cathy Louw

Sarah Olsen

Hanna Omar Ben Seivers

Rachael

Angelotti

Carla Baglieri

Luke BetherasAngela

Button Tanya Eiken Ainsley Garth

Alvy Buffon

Joanne Fitzmaurice

Marilyn McGibbon

Rocco Montanaro

Sam Pope

James Bird

Nick Dinakis

Scott Hardiman

Craig Parker

James Morrison

Claire Gorst

Sash Buncic

Sylvia Voelker

Gayle Blackwood

Kate Cameron

Samantha Kilby

Ben Castles

Laura Priddle

Rhys Burke

Graham Morrison

Mark Walker

Ciaran Brannigan

Julie Cortese-James

Luke El Moussalli

Peter Kleeman

Lucas Peressini

Shaun O’Rourke

Amanda McGibbon

Phil Di Battista

Malcolm Perkins