Morrison Kleeman: Winter Magazine

NEWS WINTER 2022

CELEBRATING OVER 3O YEARS OF SERVICE IN THE NORTH EASTERN SUBURBS The outlook for buying, selling and investing in 2022

Winter

Market Report Welcome to Winter 2022!

After 11 years, the Reserve Bank of Australia (RBA) has recently announced an increase with the official cash rate by 25 basis points to 0.35 per cent in response to increasing inflation pressures.

With this newly announced interest rate increase, the property market has slowed down slightly with property price growth dropping by 0.1 percent from last month. Some predicted in 2020 that there will be a 30 percent property price reduction, however this was not the case and the market proved itself to be resilient and stronger.

Economist Cameron Kusher mentions that the market at this point continues to favour sellers compared to buyers, however we are swinging back towards a more balanced market as stock levels have increased.

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

The key drivers of demand still remain strong, with unemployment levels reaching historic lows and international migration returning.

Suburb

House Median Price

Eltham

$1,290,000

Eltham North

$1,250,000

Diamond Creek

$1,100,000

There has been great news for first home buyers as the government is now allowing the access of superannuation for a home loan alongside stamp duty exemption.

From 1st July 2022, the amount of eligible contributions that can count towards your maximum releasable amount across all years will increase from $30,000 to $50,000.

Doreen

$757,000

Greensborough

$1,000,000

Lower Plenty

$1,440,000

Mernda

$697,000

Montmorency

$1,160,000

Watsonia

$975,000

Suburb

Unit Median Price

Eltham

$690,000

If you are thinking of getting into the property market, now is a good time!

Melbourne is well known to be one of the most resilient states when it comes to buying, selling, renting and investing.

Eltham North

N/A

Diamond Creek

$745,000

Doreen

$535,000

Greensborough

$690,000

Lower Plenty

$731,000

Mernda

$425,000

Montmorency

$815,000

Watsonia

$758,000

Contact the team at Morrison Kleeman for any real estate advice.

Source: CoreLogic, PropTrack and REIV

Notable Local Writer: Elizabeth Deich

Marketing Coordinator: Laura Priddle

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 Locals PEOPLE AND PLACES OF NOTE IN THE DIAMOND VALLEY

RAW PAWZ

Y

ou would be forgiven if you thought peanut butter, red velvet and bone broth gummies were made for human consumption. If it wasn’t for waggytail ‘Norman’ sitting front and center on the fun and bold packaging, you may be tempted to dig in yourself.

Providing a range of canine superfoods that are packed full of essential vitamins and minerals, and made in Australia from 100% human grade ingredients with absolutely no nasties, Raw Pawz is bringing the health and wellness movement to our four-legged friends.

Founders and local sisters Michele (Mish) and Alana Scarce are super passionate about all thing’s health, wellness, and clean eating. Having grown up in the leafy suburbs of Nillumbik, they have their mum to thank for instilling the “importance of home-grown food, cooking from scratch and nothing going to waste” and the effect this has on health, wellness and living your best life. After meeting this delightful duo who are as fun and bold as their product’s packaging, you are left with a definite case of ‘I want what she’s having’.

Knowing the incredible benefits that fresh food and gut health have on our mind and body, the duo looked to adopt the same healthy eating habits and gut health principles with their ever-so-important four-legged family members.

“When we began researching, we couldn’t believe the correlation between humans and pets.”

Pets following a fresh food diet with a rotation of supporting supplements to ensure the right dose of vitamins and minerals, yields the same benefits as it does for humans; it improves brain energy and mental function, aids overall digestion, improves skin and the shine on coats (hair in the human case), acts as an antiinflammatory, builds strong bones, improves immunity and ultimately increases the quality of overall gut health and wellbeing. Which in dog terms also equates to fewer visits to the vet and “making pooches happy, their owners happy and living a longer and happier life.”

With this discovery came the fun of creating formulas with the perfect blend of ingredients that were not only nutritious but so delicious that even the fussiest of pooches would devour.

Setting up a full home laboratory in Alana’s hallway closet full of herbs, powders and petri dishes, the pair

created and tested thousands of formulas. Mish’s daughter Adele was assigned as head gummy maker, Alana’s fun loving Groodle Lenny acting as ‘sensory evaluator’ as well as the local dog parks providing the perfect spot for market research.

Fast forward 12 months, and the range is made up of the highest quality ingredients that have been sustainably and ethically sourced from all over the world. A nutrition label is included on every pack so you know exactly what’s inside. Offering 4 different gummies, 3 sprinkles, 3 organ powders and the cutest silicon molds, the range is designed for both fresh feeders and kibble fed pooches.

“The sprinkles are the perfect option for those who are time poor, and the making of the DIY gummies are a fun activity for the whole family.”

Available from major online pet retailers including Petmarket and Habitat, and in store at your local PETstock. Raw Pawz is changing and extending the lives of our precious pooches one gummy, sprinkle and organ powder at a time.

Website: www.rawpawz.com.au Instagram: @rawpawz_ Facebook: @RawPawz.Co Email: connect@rawpawz.com.au

Notable Locals PEOPLE AND PLACES OF NOTE IN THE DIAMOND VALLEY

and Reception Centre. “We are so

incredible backing from the Council,

appreciative that the Council have offered

Sponsors, other Rotary Clubs, Montsalvat

us this fabulous venue and we have

and Natasha Hall who is our Masterful

such wonderful sponsors like Morrison

Brand PR community member. More than

I

Kleeman to help make this event more of a

anything I am proud of Rotary Eltham. This

f Victoria is known for its world class

success.”

is a fully run Rotary Club event by Rotarian

art, then Nillumbik Shire is at the

Covering mediums such as painting,

epicentre.

printmaking, photogravure, ceramics, glass

Having the largest artist community in

and sculpture, prizes will be awarded for

Victoria, many of the forefathers of the

standout pieces across 6 categories to be

artworld have either come from or come

judged by an esteemed judge. This show

With plans already in place to make this

to Nillumbik to immerse themselves in

will also feature People’s Choice Awards.

an annual event for the local community

the native bushland and the creative

To further support the artists, each of the

and art buyers, plus a vision to have a

community. This area has provided the

400 pieces of artwork will be for sale.

more collaborated artist presentation in the

perfect backdrop and canvas for creativity

Invitations have been extended to local

future, this event is set to reaffirm Nillumbik

for over 100 years.

dignitaries, gallery directors as well as

on the art world map. “We would love

corporate and art investors. “Being able to

people to walk away with a wow factor

support the artists in this way is incredibly

realising the talented Art History that arose

important.”

from Nillumbik”.

the date in September for their much-

The Art Show commences on the evening

So put the date in the diary and immerse

anticipated inaugural selective Art Show.

of Thursday 1st September at 7pm with

yourself in the Artist Capital of Victoria.

Gaining insight from the most successful

a spectacular Gala Opening. Tickets will be available for purchase via TryBooking.

“We invite every art lover to attend; all are

Rotary Art Shows throughout the state, “the biggest shock from so many has been

“What is so fantastic about the Gala night

why has the Rotary Club of Eltham not

is every person who purchases a ticket

done this before given the fact we are the

has the opportunity to be an art critic

artist capital of Victoria if not Australia,”

and vote for a particular artwork for the

shares Eltham Rotarian Brenda Ibels,

People’s Choice Award, plus all those who

E: admin@elthamartshow.org.au

“I don’t think the area itself realises the

attend have first choice of everything for

(for general enquiries, sponsorship

enormity of the art compilation…it is such

sale.” Light cocktail food and beverages

enquiries and to become a “Friend of

an integral part of the area”.

are to be served alongside the awards,

the Eltham Art Show”)

with Montsalvat’s General Manager, Lyndel

W: elthamartshow.org.au

INAUGURAL ROTARY ELTHAM ART SHOW

Recognising the area as being one of the major historical art regions, the Rotary Club of Eltham has established and set

Showcasing a fully curated selection of over 400 artworks by artists who have an

Wischer invited to open the show.

association with Nillumbik, the exhibition

“I am proud of putting this show on the

will take place at the Eltham Community

road for the artists. We have received

volunteers who support the community in so many ways and I truly believe an Art Show like this could not happen without the Rotary Club.”

welcome!”

Dates: Gala Opening; Thursday 1st September, Public Viewing; Friday 2nd – Sunday 4th September

A: Eltham Community and Reception Centre; 801 Main Road Eltham VIC

MK Property Management Recently Leased A SELECTION OF OUR LEASED PROPERTIES

1/286-288 St Helena Road, Greensborough $720 per week

205 Flaxen Hills, Doreen $460 per week

7 Glen Katherine Drive, St Helena $850 per week

6/200 Gordons Road, South Morang $410 per week

18 Tekin Terrace, Doreen $450 per week

1/42 Beaconsfield Road, Briar Hill $435 per week

2 Emerald Court, Greensborough $405 per week

LG02/27 Arthur Street, Eltham $440 per week

4/63 Crookston Road, Reservoir $395 per week

LUKE BETHERAS Business Development Manager 0437 644 052 lbetheras@morrisonkleeman.com.au Luke is a dedicated professional known to provide a friendly and welcoming approach to his valued client base. Luke places a great emphasis on building strong, long term relationships with his investors, landlords and tenants. Luke’s goal is to maximise the return of his client’s investment properties and to provide quality service that is second to none. Exceptional Service is Luke’s forte,

entering the industry in 2011 with experience in all facets of Real-estate including Business Development, Property Management and Sales. Having grown up in the North Eastern suburbs and living locally, Luke has an extensive knowledge of the Whittlesea and Diamond Valley area. In his spare time Luke enjoys playing tennis, keeping active and spending time with friends and family.

If you have an investment property that Luke could assist you to manage, please don’t hesitate to contact him and find out more about the MK Difference today.

Recent Sales A SELECTION OF OUR SOLD PROPERTIES

4 Hazelton Drive, Doreen $815,500

47 Eucalyptus Road, Eltham $1,270,000

2/33 Vermont Parade, Greensborough $702,500

3 Curlew Court, Yallambie $1,257,000

13 Starling Street, Montmorency $1,235,000

15 Haven Lane, Diamond Creek $762,000

16 Tindal Court, Greensborough, $1,320,000

127 Painted Hills, Doreen $568,000

86 Wallaroo Way, Doreen $740,000

2/19 Warwick Road, Greensborough $655,000

2 Ibera Court, Eltham North $1,210,000

10 Everard Street, Diamond Creek $1,200,000

121 Pitt Street, Eltham $1,610,121

7 Jindalee Avenue, Yallambie $1,110,000

135 Thompson Crescent, Research $1,395,000

108/27-29 Arthur Street, Eltham $1,080,000

Craig Parker

Ciaran Brannigan

Rocco Montanaro

Peter Kleeman

Graham Morrison

Gayle Blackwood

Alvy Buffon

Lucas Peressini

Nick Dinakis

Sash Buncic

Sam Pope

James Morrison

James Bird

Luke El Moussalli

Malcolm Perkins

Mark Walker

Kate Cameron

Scott Hardiman

Rhys Burke

Marilyn McGibbon

Sylvia Voelker

Julie Cortese-James

Samantha Kilby

Lucy Brocksopp

Phil Di Battista

Joanne Fitzmaurice

Amanda McGibbon

Luke Betheras

Laura Priddle

Claire Gorst

Town Square, 20 Commercial Place ELTHAM VIC 3095 Phone 9431 2444 Fax 9431 2650

2/86 Grimshaw Street GREENSBOROUGH VIC 3088 Phone 9435 7666 Fax 9435 7677

MORRISONKLEEMAN.COM.AU

3/101 Hazel Glen Drive DOREEN VIC 3754 Phone 9717 8780 Fax 9717 8816