Autumn 2012 Property Guide Issue 125
MARKET REPORT
It’s autumn time in Victoria and the prevailing market conditions are steady. We are pleasantly surprised by the number of people seeking to secure a property in the inner west and anticipate a busy season ahead.
2012 has started off well as the market is looking in a better condition than it did a year ago. Last year we experienced a slowing economy, turbulence in interest rates and sensationalism from the media of a “property bubble.� This year it is a different story as signs of a stronger economy signals positive news for buyers and we are enthused for a healthy autumn selling period with solid buyer demand. Housing is more affordable than it was a year ago as prices are below their peak in nine out of ten suburbs and following two interest rate cuts the cost of borrowing is also lower. The REIV reported house prices in Melbourne dropped 6.1 per cent in the year to December, behind only Brisbane, down by 6.7 per cent and Adelaide, down 6.4 per cent. With these interest rate cuts we are
seeing more people selling their properties, interest is at an all-time high and the market is looking stable. Compton Green is proud to be servicing the western suburbs. The west of Melbourne has affordable and a diverse range of stock available, all which has shown steady capital growth. Purchasing a property in this region is a smart choice because of the close proximity to the CBD and the fact our prized municipalities have some of the best infrastructure in Melbourne. With a high level of customer enquiries the Compton Green team is busy working hard. Our vibrant team is 100 per cent committed, always striving to achieve exceptional results and the results speak for themselves. We continuously receive endorsements from our clients who appreciate our
unsurpassed level of customer care. As we look ahead there are many exciting plans for 2012. Our State Of The Market Information Evening in September will provide local residents with an in-depth understanding of the current property market trends on both a local and state level. Last year our State Of The Market Information Evening was a great success as 200 people attended so I am expecting it will be an impressive turnout once again this year. We wish you all the best in your search or sale and look forward to assisting all our existing and new clients in making their change possible. Adrian Butera Director Auctioneer & OIEC 0409 099 791 adrianb@comptongreen.com.au
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Property Directory Suburb Address
Amenities
Price
Yarraville
Bed 3 | Bath 2
$790,000-$840,000
Martin Rankin 0421 605 271 Martin Rankin 0421 605 271
81 Tarrengower Street
Page
Yarraville
3 Severn Street
Bed 2 | Bath 1
$529,000
Yarraville
60 Newcastle Street
Bed 2 | Bath 1
$570,000-$630,000
14 & 15
Yarraville
24 Maryston Street
Bed 3 | Bath 1 | Car 2
$650,000-$675,000
Martin Rankin 0421 605 271
Yarraville
23 Lennox Street
Bed 3 | Bath 3 | Car 2
$1,050,000 plus
Yarraville
84 Hamilton Street
Bed 3 | Bath 1 | Car 2
$750,000
Yarraville
24 Cecil Street
Bed 2 | Bath 1 | Car 2
Yarraville
32, 32A & 32B Ballarat Street Bed 2+ | Bath 1
4 Dee Gibson 0416 091 369
$550,000-$575,000
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Price Upon Application
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Williamstown
5 Vulcan Grove
Bed 3 | Bath 3 | Car 2
$1,160,000
Colin Rich 0414 397 164
Williamstown
2/33 The Strand
Bed 3 | Bath 3 | Car 2
$1,750,000
Dee Gibson 0416 091 369
Williamstown
5/2 Techno park Drive
Bed 2 | Bath 1 | Car 1
$159,000
Williamstown
44 Railway Place
Bed 3 | Bath 1 | Car 2
$900,000 plus
Colin Rich 0414 397 164 John Galea 0405 564 669
Williamstown
83 Park Crescent
Bed 3 | Bath 2 | Car 2
$879,500
Williamstown
34 McGuire Street
Bed 4 | Bath 2 | Car 2
$1,300,000-$1,400,000 Brad Carlin-Smith 0466 605 522
Colin Rich 0414 397 164
Williamstown
6 Lemmon Street
Bed 3 | Bath 1
$650,000
Steele Sexton 0403 557 711
Williamstown
5/74 Kororoit Creek Road
Bed 3 | Bath 2 | Car 2
$795,000
Colin Rich 0414 397 164 Steele Sexton 0403 557 711
Williamstown
4-18 Ferguson Street
Bed 1 | Bath 1
$214,000
Williamstown
3 Dalagarno Street
Bed 2 | Bath 2 | Car 2
Price Upon Application
Williamstown
36 Chandler Street
Bed 4 | Bath 2
$1,100,000-$1,160,000
Tarneit
78 Damask Drive
Bed 3 | Bath 2 | Car 2
$345,000
John Galea 0405 564 669 Susie O’Neill 0417 755 450
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Sunshine West
75 Nicholson Parade
Bed 3 | Bath 2 | Car 2
$390,000
Spotswood
39 Reed Street
Bed 3 | Bath 1
$789,000
Huss Saad 0413 364 769
Seddon
7 Pole Street
Bed 3 | Bath 2
$770,000-$830,000
Huss Saad 0413 364 769
Seddon
17 Hobbs Street
Bed 3 | Bath 1 | Car 2
$1,050,000 plus
Martin Rankin 0421 605 271
Seddon
7 Bayview Road
Bed 2 | Bath 1
$670,000-$700,000
Martin Rankin 0421 605 271
Seddon
14 Austin Street
Bed 4 | Bath 2
$830,000-$870,000
Martin Rankin 0421 605 271
Seddon
87 Alexander Street
Bed 3 | Bath 2
$670,000-$730,000
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Seddon
14 Alexander Street
Bed 4 | Bath 1 | Car 2
$770,000-$820,000
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Seddon
4 Acton Street
Bed 2 | Bath 1
$620,000-$660,000
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Seaholme
16 High Street
Bed 3 | Bath 2 | Car 2
$855,000
Seaholme
14 Cambridge Street
Bed 3 | Bath 2 | Car 2
$770,000-$820,000
Point Cook
36/39 Astley Crescent
Bed 2 | Bath 2 | Car 1
$315,000
Newport
121 Woods Street
Bed 3 | Bath 1 | Car 2
$650,000-$690,000
Newport
5 Revo Street
Bed 3 | Bath 1 | Car 1
$420,000-$460,000
Newport
1 Peel Street
Bed 3 | Bath 1
$1,175,000
Newport
26/4 Mason Street
Bed 2 | Bath 1 | Car 1
$490,000-$530,000
Newport
119 Mason Street
Bed 2 | Bath 1 | Car 1
$475,000-$505,000
Newport
10 Jack Street
Bed 3 | Bath 1 | Car 1
$445,000
Martin Rankin 0421 605 271 Nathan Johnson 0410 331 032 John Galea 0405 564 669 Brad Carlin-Smith 0466 605 522 Susie O’Neill 0417 755 450 Brad Carlin-Smith 0466 605 522 Susie O’Neill 0417 755 450 Dee Gibson 0416 091 369 Susie O’Neill 0417 755 450
Newport
3B Home Road
Bed 3 | Bath 2 | Car 2
$800,000-$880,000
Maidstone
22/8 Crefden Street
Bed 2 | Bath 1 | Car 1
$370,000
Brad Carlin-Smith 0466 605 522
Kingsville
105 Queensville Street
Bed 3 | Bath 1
$620,000-$650,000
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Footscray
6/1 Saltriver Place
Bed 3 | Bath 2 | Car 1
$680,000-$730,000
Steele Sexton 0403 557 711 Martin Rankin 0421 605 271
John Galea 0405 564 669
Footscray
360 Barkly Street
Bed 3 | Bath 1 | Car 4
$625,000-$675,000
Docklands
1502/90 Lorimer Street
Bed 2 | Bath 2 | Car 2
$1,020,000
Altona North
11 Sixth Avenue
Bed 3 | Bath 1 | Car 5
$450,000-$465,000
John Galea 0405 564 669
Altona North
30 Macdonald Avenue
Bed 4 | Bath 3 | Car 4
$609,000
John Galea 0405 564 669
Altona
304/117 Pier Street
Bed 3 | Bath 2 | Car 2
$520,000
Brad Carlin-Smith 0466 605 522
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Traci Charles 0425 717 489
Ask Sasha... Here at Compton Green, we want you to receive a superior level of client care. We are pleased to welcome Sasha Foord, our Business Development Manager. Highly recognised as the area’s leading Property Manager, Sasha will provide you with the most professional level of expertise. Her extensive experience, abundance of local knowledge and a long history of delighted clients means rest assured, you’ll receive only exceptional service and results. Sasha Foord 0417 612 303 sashaf@comptongreen.com.au
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Yarraville 23 Lennox Street Claiming position in a leading Yarraville location, this renovated & extended Californian Bungalow offers remarkable family living. Beautifully presented, this timeless residence has an uplifting sense of light and space. Comprising: three spacious living areas, tranquil garden, three bedrooms (BIR’S, two ensuites), stylish kitchen. Features: Tasmanian Oak floorboards, heating, cooling, off street parking. Seconds to Yarraville village, schools, parks. Easy access to CBD via Westgate, Footscray & Dynon Roads. Features
Bed 3 | Bath 3 | Car 2
Enquire
txt LEN to 0429 306 075 for a price guide & open times
Auction
10am Saturday 2nd June on location
Contact
Martin Rankin 0421 605 271 & Huss Saad 0413 364 769 Yarraville 9314 1188 or visit comptongreen.com.au
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Yarraville 24 Cecil Street Showcasing beautiful period detail, this Victorian is the perfect place to call home. Conveniently located, this residence is close to the Yarraville village, transport and schools. Spacious open plan lounge/dining/kitchen adds further appeal to the two large bedrooms, huge bathroom with integrated laundry and spacious kitchen. Features: ceilings roses, timber oors, rear access, dishwasher, o street parking, heating, cooling. Features
Bed 2 | Bath 1 | Car 2
Enquire
txt CEC to 0429 306 075 for a price guide & open times
Auction
11am Saturday 2nd June on location
Contact
Martin Rankin 0421 605 271 & Huss Saad 0413 364 769 Yarraville 9314 1188 or visit comptongreen.com.au
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Williamstown 36 Chandler Street Beauty in the detail! Superior quality and excellent value is on offer with this renovated 4 bedroom family home all decked out with extra polish and style. Large open living spaces leads out to massive outdoor rear deck for entertaining, north facing yard and rear ROW available for car access. Features: Gas hydronic central heating, plantation window shutters, Queensland spotted gum timber flooring. A quiet tree lined street, short walk to Williamstown Shopping Center, The Strand foreshore and in Williamstown North and St. Mary’s School zone. Features
Bed 4 | Bath 2 |
Enquire
txt CHAN to 0429 306 075 for a price guide & open times
Auction
12pm Saturday 2nd June on location
Contact
Colin Rich 0414 397 164 & Steele Sexton 0403 557 711 Williamstown 9397 1600 or visit comptongreen.com.au
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Seddon 14 Alexander Street Sitting on a block of 447m2 (approx) this residence oers an exciting opportunity for development potential (STCA). With excellent rear access to Lily Street, this home is bound to appeal to the astute buyer. Immediately welcoming, this home has four bedrooms, two large kitchen/dining areas and lounge room. Features: heating, cooling, dishwasher, two garages (remote) and rear access. Only a short stroll to transport, parklands, Seddon village. Features
Bed 4 | Bath 1 | Car 2
Enquire
txt ALE to 0429 306 075 for a price guide & open times
Auction
1pm Saturday 2nd June on location
Contact
Huss Saad 0413 364 769 & Martin Rankin 0421 605 271 Yarraville 9314 1188 or visit comptongreen.com.au
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Seddon 87 Alexander Street
Timeless Period Appeal Meets Modern Style
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Perfectly blending contemporary zest with period charm, this Victorian leaves a lasting impression. Situated in the heart of Seddon, this renovated home is footsteps away from schools, Seddon village, transport. The interior features Baltic pine floorboards, pressed metal ceilings and ornate fireplaces. A welcoming hall has three bedrooms (master with WIR, ensuite), formal dining leading to a light-filled kitchen/living area. Features: two living areas, cooling, heating. Features
Bed 3 | Bath 2 |
Enquire
txt ALEX to 0429 306 075 for a price guide & open times
Auction
11am Saturday 9th June on location
Contact
Huss Saad 0413 364 769 & Martin Rankin 0421 605 271 Yarraville 9314 1188 or visit comptongreen.com.au
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Williamstown 3 Dalgarno Street Explore all possibilities this property presents and add your own personal touch (approx 513m2). Located in a leading Williamstown position, this is an exciting opportunity to finish the renovation of this home. The versatile floorplan leaves it up to the buyer to create their own vision. Features: dual front crossover, side access, timber floors, backyard, glimpse of bayside views, double garage. Close to shops, schools, The Strand. Features
Bed 2 | Bath 2 | Car 2
Enquire
txt DAL to 0429 306 075 for a price guide & open times
Auction
11am Saturday 16th June on location
Contact
John Galea 0405 564 669 & Grant Sutherland 0418 390 185 Williamstown 9397 1600 or visit comptongreen.com.au
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Seddon 4 Acton Street This striking home is bound to impress as it exudes personality, warmth and timeless style. Perfectly positioned in a tree-lined cul-de-sac, this residence features an impressive interior. With an open floor plan, this home showcases sleek entertaining and relaxation spaces. Comprising: lounge room, designer kitchen/dining room, two bedrooms (BIR’S), newly renovated bathroom. Features: north facing backyard, timber floors, heating, cooling. Close to Yarraville & Seddon villages, transport, schools. Features
Bed 2 | Bath 1 |
Enquire
txt ACT to 0429 306 075 for a price guide & open times
Auction
12pm Saturday 16th June on location
Contact
Susie O’Neill 0417 755 450 & Traci Charles 0425 717 489 Yarraville 9314 1188 or visit comptongreen.com.au
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Kingsville 105 Queensville Street
An Edwardian Family Dream
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This is an exciting opportunity to purchase an unforgettable Edwardian perfectly set in Kingsville. Promising excellent family living, this home strikes the right balance between practicality, comfort and charm. Graced with period detail, this residence features baltic pine oorboards, ceiling roses and beautiful ornate ďŹ replaces. Comprising: three bedrooms, welcoming lounge room and open plan kitchen/dining room that opens onto an alfresco outdoor area and lush established gardens. Features Enquire
Bed 3 | Bath 1 | txt QUE to 0429 306 075 for a price guide & open times
Auction
1pm Saturday 16th June on location
Contact
Nathan Johnson 0410 331 032 & Martin Rankin 0421 605 271 Yarraville 9314 1188 or visit comptongreen.com.au
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Yarraville 60 Newcastle Street
Edwardian Excellence
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Spacious light-ďŹ lled rooms, captivating charm and a prime address combine to give this residence a special appeal. This home is situated in a quiet, cul-de-sac close to everything that makes Yarraville popular. Retaining all the beauty of a bygone era, this residence features two large bedrooms, welcoming family room and spacious kitchen. Features: self-contained bungalow with separate gas & electricity, baltic pine oorboards, separate laundry. High rate of rental return. Features
Bed 2 | Bath 1 |
Enquire
txt NEW to 0429 306 075 for a price guide & open times
Auction
2pm Saturday 16th June on location
Contact
Huss Saad 0413 364 769 & Martin Rankin 0421 605 271 Yarraville 9314 1188 or visit comptongreen.com.au
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Yarraville 32, 32A & 32B Ballarat Street Outstanding opportunity to buy one of Yarraville’s trophy retail investments perfectly positioned in the heart of Yarraville village. 2 x retail shops and dwelling. Hausfrau Bakery Area: 140 SQM (Approx) Rental: $38,025.00. Dawson Liquor Investments Area: 43 SQM (Approx) Rental: $22,997.00. 2/3 bedroom dwelling. Approx: $32,000.00. Land Area: 232 SQM. (Approx) Zoned: Business 1. Features
Bed 2+ | Bath 1 |
Enquire
txt BAL to 0429 306 075 for a price guide & open times
Auction
11:30am Thursday 21st June on location
Contact
Stan Sidiropoulos 0413 332 180 & Brad Carlin-Smith 0466 605 522 Williamstown 9397 1600 or visit comptongreen.com.au
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how green is your investment? Goes Green is an exciting initiative developed by Compton Green, your local real estate agent for over 80 years. Because houses are our business, we concentrated on water saving measures and other ‘green’ concerns, soon realising our research may help our landlords (and subsequently, their tenants). By developing a simple checklist and plan for improving the ‘green’ credentials of properties under our management, we believed we could create real benefits for all involved. Hence, Goes Green was born. Now we direct our attention to all landlords to make them aware of all the areas we can assist them in improving their homes. Goes Green aims to help our environment, save money for the tenant and add value to our landlords investment.
To find out how to green up your investment property contact your local Compton Green office or visit goesgreen.com.au