Great Estates of the Goulburn & Murray Valley Magazine 2024

Great Estates Goulburn & Murray Valley OF THE

magazine

May 2024

Your comprehensive keepsake 32 page magazine showing the latest land for sale, new homes plus many home improvement businesses and ideas for you inside!

Over 400

blocks of land on offer ins ide

INSIDE: Large lifestyle blocks only minutes north of Shepparton

INSIDE: Locally based Development Edge leads the charge in regional growth

Pages 18+19

Pages 20+32

INSIDE: A natural neighbourhood at Mooroopna is on offer

Brought to you by

Pages 8+13

TATURA

INSIDE: SHEPPARTON Shepparton rated in top 10 regional areas to invest MOOROOPNA Pages 8+31

INSIDE: An insider’s take on the current property market - By Rocky Gagliardi Page 29

KIALLA

PREPARE FOR THE NEXT HOUSING BOOM... 100s of blocks are on offer in Shepparton, Mooroopna, Tatura, Kyabram, Merrigum and Tallygaroopna inside!

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elopmentedge.com.au Gagliardi Gagliardi Scott Scott RealReal Estate Estate Gagliardi Scott Real Estate

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Rocky Rocky Gagliardi Gagliardi M: 0407 M: 0407 826 826 542 542

Rocky Gagliardi M: 0407 826 542

www.gagliardiscott.com.au www.gagliardiscott.com.au

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Phone Rocky Gagliardi 0407 826 33542 3

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Rocky Gagliardi: 0407 826 542 www.developmentedge.com.au www.gagliardiscott.com.au

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block, the perfect location Rocky Gagliardi: 0407 826 542 www.gagliardiscott.com.au

76

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www.gagliardiscott.com.au 31 30 29

28

9 12 m ²

182 High St, Shepparton | 70 Melville St, Numurkah | 0358 31 1800

It’s time to upgrade at

Kyabram Greens Estate is Victoria’s newest lifestyle community located in the thriving central north.

Here is your chance to begin a new chapter in the country air; surrounded by nature, genuine community and total serenity. At over 1000m², every land allotment offers unbridled potential for families to build their quarter-acre dream home. Currently, there are 200+ lots available.

Everything you need within reach...

CAFES & RESTAURANTS

EDUCATION

• Cafe Three620

• Kyabram P-12 College • St. Augustine’s College • Shine Bright Kyabram Preschool • Aussie Kindies Early Learning Kyabram

• Kyabram Parkview cafe • Jen’s Fine Food and Coffee.

• GV Cafe Kyabram • Society Store • Red Lantern Cafe

GROCERIES

• Healthy Tummies Pantry

• Woolworths • Fresh Fruit Market • Ritchies IGA Kyabram • Fitzgeralds Farm Fresh Meats

PARKS & RESERVES • Kyabram Fauna Park • John Pilley Reserve • Bushland Reserve • Ern Miles Reserve • Kyabram Recreation Reserve • Kyabram Western Gums Park • Edis Park Playground

SPORTS AND FITNESS • Mpwr Health & Fitness • Primal Health Club • Curves • Body Parts Health and Fitness • 360 Movement Studio

For more information visit kyabramgreensestate.com.au or email info@kyabram.com.au

For sales inquiries,

please contact Simran Khatrha at: M: 0431 178 435 P: (03) 8595 4400

Masterplan

STAGE 5

STAGE 8

STAGE 4

STAGE 3

STAGE 6

STAGE 2

STAGE 7

STAGE 1

Kyabram Greens Masterplan is very articulately planned and designed to ensure a superb lifestyle.

The masterplan is designed to offer residents the opportunity to enjoy the great outdoors.

The commitment to quality is evident in every detail from the landscapes to the stylish homes.

kyabramgreensestate.com.au

Index

Great Estates OF THE

Goulburn & Murray Valley

22

8

10

11

28

14

24

18

20

26

30

30

29

31 31

8

Discover the heart of home - Shepparton rated in top 10 regional Australia

18

Large lifestyle blocks only minutes north of Shepparton

28

Wide open spaces await, discover the allure of Kyabram Greens Estate

8

Westwood rise promises larger blocks and greater value

20

Leading the charge in regional growth

29

22

10

Heaps of great estates to explore in the Goulburn Valley

Residential property values in the Goulburn Valley

By Chris Crouch, of Opteon Property Valuers, Shepparton

An insiders take on the current market

By Rocky Gagliardi, of Gagliardi Scott Real Estate

30

Protect your dream home

30

Shared user paths coming soon!

31

Greater Shepparton remains a great place to invest

11 14

Helping build great estates of the GV and beyond

24

Kyabram’s master planned community: Explore options at Edge Estate

26

A legacy of service and supply for 130 years

Reignite your winter warmth

Business Directory Bowens............................................. 26

Dollar Curtains & Blinds.............. 14

Linemasta......................................... 31

Prestons Turf.................................. 28

Carpet Call Shepparton...............23

Edge Kyabram...................................9

Carpet Court.................................. 29

Lifestyle Communites Yarrawonga......................................27

Sargeants Goulburn Valley........ 28

Gagliardi Scott Real Estate.......2+3

Specialized Heating & Cooling.. 21

Goulburn Murray Credit Union...................................................8

Link Building Systems................. 30

GV Carports & Patios................... 24

Mawson Constructions................. 11

Steeline............................................. 20

Cottrells Electrical........................... 7

JFK Garden Designs...................... 14

Monteleone Homes.......................25

Vic Properties................................. 15

Development Edge........................32

Kevin Hicks Real Estate................ 19

Opteon Property Valuers.............22

Youngs & Co Real Estate........12+13

Choices Flooring Shepparton.... 18 Conquest Pools...............................10

Links8 Real Estate....................16+17

Standby Security Services.......... 26

*Brought to you by

6 | Great Estates of the Goulburn & Murray Valley Special Keepsake Magazine - Brought to you by The Adviser - May 2024

Commercial &&Domestic Commercial Domestic • Heating in-slab, under-floor • Test & tagging and under-tile • Air-conditioning • Solar • Re-wires • Solar & systems Battery • Re-wires • Security • Heating in-slab, • Security systems • Phone & Data • CCTV camera systems under-floor and under-tile • CCTV camera systems • Maintenance • Valet vacuum systems • Phone & Data power • Valet vacuum systems • Underground

• Maintenance • Underground Power

91013

Call Rhys Cottrell (03) 5823 2133 Call Cottrell 5823 7210Rhys Goulburn Valley(03) Hwy, Kialla2133 West, 3631 7210 Goulburn Valley Hwy, Kialla West, 3631 email: admin@cottrellselectrical.com.au e: admin@cottrellselectrical.com.au

REC NO. 3017

• Test & tagging • Air-conditioning

Great Estates OF THE

Goulburn & Murray Valley

Top 10 rating for Shepparton

Discover the heart of home Exploring the vibrant real estate landscape of the Goulburn Valley & Murray Valley

By Deanne Jeffers

W

HETHER you are a first home buyer, looking to expand your property portfolio, or a new place to call home, you are spoilt for choice across the Goulburn and Murray Valleys. The region is experiencing a continued boom, revitalised after a tough few years of building constraints and uncertainty.

From the recent analysis by PRD Real Estate on page 31, we discover that Greater Shepparton proudly stands among Australia's top 10 affordable regional areas for real estate investment in 2024. With a median house price of less than $600,000, this vibrant city offers hope to first-time buyers seeking respite from Melbourne's soaring prices, marking a significant milestone in the region's journey toward sustainable growth.

Delving deeper into the market dynamics, we uncover the nuanced realities that define the Goulburn Valley's real estate terrain. Despite

the challenges posed by external factors such as interest rate fluctuations and supply chain disruptions, the residential property market has exhibited remarkable resilience. From the steady trajectory of median price increases in Shepparton, Mooroopna, Tatura, Tallygaroopna, Kyabram, and Echuca to the enduring demand for rental properties amidst housing shortages, the region's housing market paints a picture of unwavering stability in the face of adversity.

Looking ahead, the horizon brims with promise as economists predict potential interest rate cuts and a resurgence of consumer confidence. With

Westwood Rise

promises larger blocks and greater value

W

ESTWOOD Rise is set to be the premier Estate of Mooroopna. With an average block size of 904m2 in Stage 1 and with larger frontages these blocks offer greater flexibility with house design & lifestyle.

Adjoining a large open reserve, the tall native gum trees making a pleasant area for family walks and picnics. Stage 2 also features a planned park and playground (which will also flow into the reserve area) creating an even larger family space for all to enjoy.

Careful planning will ensure that every

aspect of Westwood Rise enhances the living experience. Moreover, the land was not affected during the 2022 floods which offers peace of mind and assures homeowners of their investment. Priced from $265,000 plans are now available with construction to commence this year. Anticipated title release mid-2025 which

8 | Great Estates of the Goulburn & Murray Valley Special Keepsake Magazine - Brought to you by The Adviser - May 2024

newfound optimism guiding our course and an abundance of titled land and developments under construction, we anticipate a surge in residential market activity and new home constructions, signalling a bright future for the Goulburn and Murray Valley's real estate sector.

The Great Estates magazine celebrates the both the joy and significance of procuring a home, and the significant achievements in developing our regional area. We’re proud to present this 31-page magazine that will help you navigate this important, local industry.

NATURAL NEIGHBOURHOODS...

Westwood Way in Mooroopna adjoins a large nature reserve, and stage two will include a park, giving this up and coming estate a tranquil feeling while still being close to amenities like schools and shops. Photo: Deanne Jeffers

will mark the start of an exciting journey for new homeowners.

If you’re seeking a larger block with a picturesque reserve on your doorstep then reach out to Glenn Young at Youngs & Co Real Estate on 0438 579 993. Youngs & Co Real Estate has offices in Shepparton and Mooroopna.

Life’s better at The Edge STAGE 4

STAGES

4+5

JUST RELEASED!

STAGE 5

Edge Kyabram is a master planned estate with extensive greenery and park lands, wide tree-lined streets and a large variety of blocks to suit any lifestyle. There’s space to live and room to breathe along with effortless community connection.

FOR MORE INFORMATION PLEASE CONTACT: The Edge Kyabram (03) 5480 3055 www.edgekyabram.com.au Or selling agents: www.walkerrealestate.com.au (03) 5853 2727 | www.kyabramrealestate.com.au (03) 5853 2588

Great Estates OF THE

Goulburn & Murray Valley

TATURA WATERS... Fully serviced blocks are available in Tatura, with Stage 3 of the Tatura Waters Estate providing abundant room to build your dream home with room for a backyard and or pool. Photo: Deanne Jeffers

Heaps of great estates to explore in the Goulburn Valley Emerald Bank Estate, Kialla

Lauriston Estate, North Shepparton

Situated next to the Seven Creeks & native bushland this new development is on the south side of Emerald Bank Leisure Centre and MOVE (Museum of Vehicle Evolution). Fronting River Road West and opposite the popular and completely sold-out Riviera Estate, these allotments are larger than average and range from 896m2 to 3,316m2 and are priced from only $299,500. The estate is close to Kialla West Primary School and only a few kilometres to the Riverside Plaza Shopping Centre. If you are searching for a larger block on the town’s doorstep, then Emerald Bank is a must to inspect.

These large residential blocks provide the opportunity to build your dream home in an area already established with some of the finest homes in the region.

The tranquil Lauriston housing estate in North Shepparton is a prime choice for families seeking a blend of country living and modern convenience. With 2,000m²+ fully serviced blocks, there's ample space for your dream home, complete with a spacious backyard, outdoor entertaining area, and room for a shed or pool. Close to the popular Goulburn Valley Grammar School, St Luke’s Primary School and All Saint’s Anglican School, Lauriston offers a relaxed lifestyle close to essential amenities. It also boasts a feature parkland with basketball and netball rings, BBQ areas, and lush greenery for kids to play. With several homes already built and more under construction, stage three offers titled blocks ready for building, starting from $395,000 to $420,000, with select blocks featuring parkland views.

Tatura Waters Estate, Tatura Conveniently located via Toby Crescent (off Ferguson Road) and also Johnston Road. Tatura Waters Estate is within the town boundary and is also handy to the Hilltop Golf & Country Club.

Offering country living with town amenities (all blocks are fully serviced) these 2,000m2+ blocks have already been very popular with young families seeking that extra room for kids to play in their own backyard + plenty of space for a large shed or pool!

Once you enter, Stage 3 is a real eye opener! You will soon appreciate the expansive open reserve areas with connected water ways and of an evening there is even a fountain with lighting. A great place for families or those just seeking the convenience of town living on a generous 2,000m2+ block of land. Stage 3 is now selling with prices starting at only $290,000.

Enquiries for these three estates can be made by calling Glenn Young of Youngs & Co Real Estate on 0438 579 993.

The Swimming Pool Specialists Local family owned and operated, Conquest Pools is the largest manufacturer of fiberglass pools in Victoria. Servicing customers with quality pools for almost 30 years.

Call us today for your pool needs.

Manufactured in Shepparton.

Over 20 dealerships across VIC, NSW & SA 10 | Great Estates of the Goulburn & Murray Valley Special Keepsake Magazine - Brought to you by The Adviser - May 2024

03 5821 1270 | info@conquestpools.com.au 66-68 Drummond Rd, Shepparton

Great Estates OF THE

Goulburn & Murray Valley

Helping build great estates of the GV and beyond

S

UPPORTING their developer clients in housing estates such as Seven Creeks Estate, The Vines, Edgewater, The Edge Kyabram, Lauriston, The Outlook and Parkview Estate, to name a few, Mawson Constructions are helping to “build” great estates in the GV and beyond!

The Mawson Constructions team also regularly work for local councils, authorities and the Department of Transport on road reconstructions and urban redevelopments.

In 2022 Peter Mawson, managing director and owner of Mawson Constructions, saw the chance to create more space for his civil construction business and he jumped at the opportunity. Having been situated at Apollo Drive for 20-plus years, the growth of the business meant the site was bursting at the seams so, in late 2022 they moved to 7940 Goulburn Valley Highway, better known to most

LOCALS SUPPORTING LOCALS… Mawson Constructions are proud to support a number of local sporting clubs. Pictured is managing director Peter Mawson (left) with some players from Shepparton Bears Football & Netball Club. Photo: Supplied

people at the Shepparton News headquarters.

Mawson Constructions are proud to have called the Goulburn Valley home for 40 years and many, many building projects later, they have a strong local focus and love working with developers who understand the importance of utilising local businesses for their projects.

Mawson Constructions are also proud to support a number of local sporting clubs too which helps this community in other ways as well. Are you a domestic or commercial developer who needs help with your project?

Call the Mawsons team today on (03) 5831 1144 or visit www.mawsonconstructions.com.au

Proudly involved with many great housing estates in the Goulburn Valley

NORTHERN VICTORIA AND SOUTHERN NEW SOUTH WALES LEADING CIVIL CONSTRUCTION CONTRACTORS

OUR SERVICES INCLUDE: • PROJECT MANAGEMENT OF • STORMWATER, KERBS AND PAVEMENTS CONTRACTORS AND EQUIPMENT • DRAINAGE AND PIPELINE WORKS • SUBDIVISION AND SITE WORKS • BULK EARTHMOVING • ROAD AND CAR PARK CONSTRUCTION

PH: 5831 1144 | MAWSONCONSTRUCTIONS.COM.AU

7940 GOULBURN VALLEY HIGHWAY, KIALLA

Great Estates of the Goulburn & Murray Valley Special Keepsake Magazine - Brought to you by The Adviser - May 2024 | 11

L AND S ALE Superb Lake, Reserve or Bushland Views just a few minutes from Shepparton CBD • Exclusively developing 62 lots, with 28 in Stage 1 • Enjoy generous land sizes ranging from 896m2 to 3,315m2 • Thoughtful covenants in place to safeguard your investment • Family friendly and nestled in a picturesque setting with no through roads, making it the perfect location to build your home

123 Wyndham St, Shepparton | 03 5820 8777

182 High St, Shepparton | 03 5831 1300

Glenn Young 0438 579 993

Rocky Gagliardi 0407 826 542

STAGE 3 NOW SELLING *Subject to availability

SHEPPARTON NORTH CLOSE TO GV GRAMMAR SCHOOL & ST LUKE’S PRIMARY SCHOOL LARGE 2,000M+ FULLY SERVICED, RESIDENTIAL BLOCKS LARGE PARKLAND NOW FULLY ESTABLISHED

32 32 32

Stage 3 of Shepparton's top-tier land Estates is now available for purchase. These generously-sized residential blocks, spanning 2,000m² and beyond, are fully serviced and conveniently situated near the renowned Goulburn Valley Grammar School and St. Luke's Primary School.

32 32

123 Wyndham St, Shepparton | 03 5820 8777

Glenn Young 0438 579 993

MOOROOPNA

New Land Release NOW SELLING: STAGE 1

A Premier Residential Development Imagine walking among the tall gum trees and native bushland or simply take in the relaxing views, it’s all on your door step! A large park, which also overlooks the reserve, will also be developed as part of the adjoining Stage 2.

These are large residential blocks with Stage 1 blocks on average 904m2.

Excellent frontages all in excess of 22m + sensible covenants to protect your investment.

LARGE 2,000m 2 Blocks

FULLY SERVICED INCLUDING:

123 Wyndham St, Shepparton | 03 5820 8777

Glenn Young 0438 579 993

STAGE 3 CONSTRUCTION COMPLETE

• TOWN WATER • TOWN SEWER • NATURAL GAS • RAW WATER

FOR LAWNS & GARDENS

Located at the doorstep of Tatura, this development promises to be a standout in the Goulburn Valley's real estate landscape. The estate's entrance, conveniently accessed from Ferguson Road, sits along the town's eastern boundary.

123 Wyndham St, Shepparton | 03 5820 8777

Glenn Young 0438 579 993

Great Estates OF THE

Goulburn & Murray Valley

Reignite your winter warmth D

ON’T wait for the mercury to plummet before thinking about heating your home over winter. The friendly team at Specialized Heating and Cooling Shepparton can help you find the ideal heating solution for your needs at a price tag that suits your budget.

Whether updating existing systems or exploring heating options, Specialized Heating and Cooling has you sorted. From ducted heating to gas log fires, wood fires and split systems, you will find a way to turn your home into a cosy retreat for those dark, drizzly days ahead.

The business recently changed hands, with new owner Graham Mason bringing over 30 years industry and management experience. He is joined by the same great local team and quality products at Specialized Heating and Cooling, with Graham eager to continue the

HEAPS OF HEATING SOLUTIONS... Local business Specialized Heating and Cooling Shepparton can help you navigate the broad range of heating options on the market to.

Pictured is David Russell (sales), Sara Cuthbert (admin) with new owner Graham Mason, who is keen to uphold the proud reputation built by the Hamer family. Photo: Deanne Jeffers

ethos built by the Hamer family.

Complemented by a skilful team of installers, air conditioning mechanics, customer service and sales staff, you will find expertise and quality products under one roof. As an accredited Victorian Energy Upgrades partner, you may be eligible for a government rebate when upgrading your old heating or

hot water system to a new, energy efficient models– saving your money on installation and future bills.

So, if you’re building a new home, seeking to repair or upgrade old existing systems, make Specialized Heating and Cooling your first stop to stay warm this winter. Visit their showroom at 70 Benalla Road, Shepparton or call 5821 3656.

BESPOKE GARDEN DESIGNS JFK Garden Designs specialises in designing stunning, sustainable outdoor spaces that enhance your outdoor living experience.

• Garden design consultations • Garden & outdoor space designs • From new builds to courtyards to acreage sized projects Covering all areas up to 2 hours drive from Shepparton.

Call Julius for an obligation free chat, no matter what size or budget your outdoor space project.

From vision to reality The largest range of custom made curtains+blinds+shutters+outdoor.

638/640 Wyndham Shepparton Ph. 5831 5622 +shutters+outdoor.

The largest range of St, custom made curtains +blinds 638/640 Wyndham St, Shepparton Ph. 5831 5622

Contact Julius 0492 480 953 julius@jfkgardendesigns.com www.jfkgardendesigns.com

14 | Great Estates of the Goulburn & Murray Valley Special Keepsake Magazine - Brought to you by The Adviser - May 2024

Great Estates OF THE

Sunrise Estate Kyabram

Goulburn Valley

Country Charm

in a relaxed rural neigbourhood

STARTING FROM

$186,000 Situated in the rich irrigation district of the Goulburn Valley with Schools, Kindergartens, Medical Centre, Hospital, Professional Services and a thriving CBD all conveniently nearby with easy access.

Estate Amenities: • Sealed roads • Underground electricity, town water, sewer mains and telecommunications • Footpaths and walking paths

Make an enquiry today! 9840 8777

BRAND NEW LAND SUBDIVISION 60B MORRISSEY ST, MERRIGUM 3618 LARGE BLOCKS OF 520M TO 900M

What we can do...

• Finance • Architect • Builders • Accountants • Lawyer/conveyancer

• House and Land Packages available from nationally recognised builders • NO TIME restrictions to build

Big blocks compared to Melbourne $ 220,000 at prices you can afford!

Per Blo ck

50% SOLD SOLD

SOLD

SOLD SOLD

SOLD SOLD

SOLD

SOLD SOLD SOLD

SOLD

SOLD

SOLD

SOLD SCAN HERE

SOLD

SOLD SOLD

SOLD

SOLD

SOLD

SOLD

CALL TODAY Several Blocks Under Contract Call Michael Stewart on 0437 794 049 Email: info@links8.com.au

www.links8.com.au

Great Estates OF THE

Goulburn & Murray Valley

Large lifestyle blocks

only minutes north of Shepparton

READY TO BUILD OR INVEST… Parklands Estate, Tallygaroopna has large blocks from 2200m² to 4092m², which are ideal for a family looking to secure land in a quiet and tranquil rural village only minutes from Shepparton. Pictured are Kevin Hicks Real Estate agents Terry Shiels and Nicola Bolton, on-site at Parklands Estate. Photo: Deanne Jeffers

D

ISCOVER room to grow with large blocks now titled to build at the popular Parklands Estate

Buyers seeking a larger sized block to build the perfect family home will be well catered for at Parklands Estate. Set in the quiet Tallygaroopna township, only 15-minutes' drive from Shepparton, this estate offers residential blocks starting at a large 2,266m2 with room to build a shed or pool and space for a good size backyard.

Tallygaroopna is a charming town that enjoys the benefits of a primary and pre-school, as well

as a top-notch sports precinct for football, netball, lawn bowls and cricket, plus parks and a post office.

Securing land in Parklands Estate means building in a peaceful rural village still close to amenities.

Blocks are now titled, and building can commence as soon as you are ready. The blocks have rural type fencing and town water is available.

Over half of the estate has been sold already and new homes are now under construction, meaning this is the perfect time to secure your allotment

and get your building plans in place. Prospective homeowners will enjoy the comfort of knowing they are amongst all new homes that boast ample space and privacy due to the generous block sizes.

With competitive pricing starting at $245,000 this estate offers a lifestyle choice that combines the best of both worlds. Contact Terry Shiels (0448 537 820) at Kevin Hicks Real Estate to learn more about Parklands Estate and secure your dream familysized block.

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18 | Great Estates of the Goulburn & Murray Valley Special Keepsake Magazine - Brought to you by The Adviser - May 2024

TITLED BLOCKS READY TO BUILD ON • 15 minutes north of Shepparton • Large blocks range from 2266m2 - 4092m2 • Blocks titled and ready to build on • Park almost completed • Town water – Underground power - Fencing • Preschool and Primary School – Post Office • Popular Sporting precinct includes Football, Netball, Cricket and Lawn Bowls facilities

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CONTACT

Terry Shiels 0448 573 820 terry.shiels@kevinhicksrealestate.com.au Nicola Bolton 5821 8388

For more information, please view our website for subdivision plan and covenants.

Great Estates of the Goulburn Valley Special Keepsake Magazine - Brought to you by The Adviser - May 2024 | 19

Great Estates OF THE

Goulburn & Murray Valley

Leading the charge in regional growth O VER the past 12 years, the region has undergone substantial growth, with Development Edge emerging as a pivotal force behind this transformation, spearheading some of the region's most vibrant residential developments.

From the highly sought-after Woodlands Estate to the thriving communities of Grammar Park, Golf Rise Estate, Providence Field, and The Nook, Development Edge has consistently delivered projects that have captured the imagination of buyers, resulting in rapid sell-outs.

As Providence Place prepares to debut and limited blocks remain available in The Vines, Seven Creeks Estate, and Sanctuary Park, now presents an opportune moment to secure your slice of paradise before it's too late.

According to Michael Lewis, director of Development Edge, many

estates are approaching their final phases, with land supply expected to diminish in the coming years.

"There's a notable shortage of rezoned land in the region, and the local supply is dwindling rapidly," Lewis said. "Policymakers should be aiming to ensure a 15-year supply of land, but currently, there's less than two years' worth available."

Development Edge's Providence Place offers larger lots ranging from 2,000m² to 10,000m², including farmlets spanning 1.37 hectares, providing ample space for expansive rural living.

The Bolzonello Release in

LAST CHANCE TO INVEST... Development Edge has played a key role in shaping the Goulburn Valley. With many of their estates now reaching their final stages and limited blocks available, now is the time to secure yours as land supply dwindles. Pictured is Development Edge directors Peter Mintern, Russell Allen and Michael Lewis at Seven Creeks Estate. Photo: Supplied

Sanctuary Park, comprising 46 ready-to-build lots, holds a special significance as a family legacy block, where the Bolzonello family settled and raised their family.

Meanwhile, Seven Creeks Estate boasts fully titled, build-ready land in Stage 20, with Stage 21 poised to be the final chapter of this premium development. A significant expansion of parkland is on the horizon, enhancing the estate's appeal even further.

Similarly, The Vines Estate is nearing completion, with Stage 7 currently under construction and Stage 8 slated to be the last phase.

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With 50 per cent of the lots already sold, now is the time to seize this opportunity.

As Development Edge continues to pave the way for regional growth, Michael Lewis urges prospective buyers to act swiftly.

"The time to invest is now," Lewis said. "With dwindling land supply, it's crucial for policymakers to prioritise the replenishment of available land to sustain future growth and prosperity."

To learn more about these developments, visit developmentedge. com.au or call Rocky Gagliardi of Gagliardi Scott Real Estate on 5831 1800 or 0407 826 542.

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Residential property values in the Goulburn Valley Brought to you by Chris Crouch, of Opteon Property Valuers, Shepparton

T

HE residential property market throughout the Goulburn Valley has been relatively subdued over the past 12 months, albeit showing signs of imminent positivity.

After unprecedented growth throughout the Covid period due to many factors including record low interest rates, residential growth trajectory continued from the first interest rate rise in May 2022, to a peak in early 2023. Since then, in line with continuous interest rate rises in 2023 (13 in total from May 2022), in an attempt to slow persistently high inflation, increased cost of living pressures, along with the effects of major flooding, market confidence weakened.

Demand reduced in the residential market with general oversupply and extended selling periods, however existing house and unit market values stayed relatively steady in the greater Goulburn Valley area with no evidence of significant value reductions. In the past 12 months, some areas in fact evidenced slight continued median price increase trajectories including Shepparton (4.6%

increase), Kyabram (15.1%) and Echuca (8.6%), with Seymour (-0.4%), Benalla (-3.6%) and Yarrawonga (-3.3%) showing slight reductions.

High new building costs due to residential construction supply chain disruption has seen a reduction of new homes being built in the area.

This has had an adverse effect on residential vacant land sales, resulting in a slight reduction in values from peak levels in 2023.

Noted factors have particularly adversely affected the first home buyer market sector, however rental demand has remained extremely high even after a peak in localities and surrounding areas affected by flood, largely due to a general shortage of housing in the area.

So far in 2024, interest rates have not increased, with some economists predicting rate cuts late in 2024, depending on inflation reducing

MARKET ANALYSIS... Chris Crouch of Opteon Property Valuers provides an update on the local residential market. Photo: Deanne Jeffers

to acceptable levels. Due to the likelihood that interest rates have peaked, a subsequent increase in consumer confidence has ensued, and we are now seeing evidence of an increase in residential market activity with an uplift in demand, the first home buyer sector included, as well as an increase in new home building in some areas.

With predictions of interest rates remaining steady and reductions on the horizon, if cost of living pressures can be kept in check, we would expect to see ongoing consumer confidence and further increase in demand, and therefore strengthening values across residential markets in the Goulburn Valley likely during the rest of 2024 and into 2025.

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22 | Great Estates of the Goulburn & Murray Valley Special Keepsake Magazine - Brought to you by The Adviser - May 2024

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to growing families, Edge Kyabram caters to all lifestyles. Stages 1 to 3 have been titled with 65 lots now sold. Photo: Supplied

Kyabram’s master planned community:

Explore options at Edge Estate E

DGE Kyabram is a master planned residential estate that shall compromise approximately 210 residential allotments upon full development. The estate was initially released with Stage 1 offering a total of 22 lots in 2022. The estate is to be developed over 11 stages, with Stages 4 and 5 recently completed and awaiting Titles to be issued (May 2024).

Each stage of the estate shall offer a variety of land sizes, with all lots being rectangular in shape, offering a north-south or east-west configuration. Lot sizes overall vary from smaller end 500m2, with most supply between 600-999m2 plus a variety of larger allotments from 1,000-2,000m2, or greater to be offered. These larger lots are positioned around the perimeter of the estate. All lots are provided with a concrete crossover.

A large central parkland with

an integrated wetland basin is the showplace of the estate. The park will offer attractive open play areas, designated playing fields, walking tracks and extensive landscaping. Many of the lots shall enjoy a visual aspect of the parkland, with several existing trees to be retained and included in the landscaping of the parkland.

The parkland is an attractive tree lined open space, which provides an appealing recreation and social area for all residents to enjoy.

ST YLE ST YLE

Edge Kyabram is an ideal location for the new home buyers, growing families and offers an opportunity for those purchasers looking to downsize. The estate is within proximity of the Kyabram shopping centre, schools and playing fields and is conveniently located at the eastern entrance to Kyabram.

To date, Stages 1 to 3 have been titled with a total of 65 lots now sold. Housing construction has commenced throughout all these

stages. Stages 4 and 5 are now available for sale and offer a total of 34 lots, many of which enjoy a visual aspect of the parkland.

For more details we refer all to the website at www.edgekyabram. com.au for the list prices, lot availability, Plans of Subdivision, Construction drawings, Design Guidelines, and Covenants that are applicable to the Estate.

For further information call 5480 3055.

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A legacy of service and supply for 130 years HIS month independent hardware retailer T Bowens proudly marked its 130th anniversary. Since its inception in 1894, this familyowned business has been a cornerstone in numerous projects residential and commercial, with a notable contribution being the supply of timber for the Melbourne Cricket Ground grandstands for the 1956 summer Olympics.

With a strong commitment to serving trades in the community, Bowens’ local Shepparton store has been instrumental in fostering the growth of the region. Catering to a vast area spanning from Seymour to Deniliquin and Bendigo to Albury, their presence has been indispensable in meeting the hardware needs of the construction sector.

Today, Bowens stands as a testament to its enduring legacy, with 19 stores across regional

BUILDERS’ CHOICE...

Independent hardware retailer is a first choice for builders and tradespeople, and this month the family-owned business celebrated 130 years in business. The local Shepparton Bowen’s proudly employs 19 people and deliver to hundreds of sites each day.

Pictured is Chance Burridge in store. Photo: Deanne Jeffers

Victoria and metropolitan Melbourne. Locally, they employ a dedicated team of 19 staff and across the state, Bowens delivers to 850+ sites a day, ensuring efficient delivery of materials to tradespeople, on-site and on-time.

Builders choose Bowens for its service, selection and knowledge of its products. What sets Bowens apart is not just its longevity but also

its commitment to excellence. They boast the largest range of timber and hardware products in Australia, with over 50,000 products available online. Sign up for Bowens Benefits online to receive a 5 per cent discount across the range.

Go to bowens.com.au to sign up or to learn more.

Your local store is located at 7 Wheeler Street, Shepparton, or they can contacted on 5822 2364.

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Call our team on 1300 50 55 60 to book an appointment or visit us at Lifestyle Yarrawonga, 13A Hogans Road, Yarrawonga Open Monday to Saturday, 9am – 5pm

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Great Estates OF THE

Goulburn & Murray Valley

Wide open spaces await Discover the allure of Kyabram Greens Estate

NATURE AT YOUR DOORSTEP... Realise your country lifestyle dream at Kyabram Greens, a brand new community in the heart of Kyabram.

Each block of land comes with a membership at the Kyabram Parkland Golf Club. Photo: Supplied

N

ESTLED amidst Victoria's picturesque countryside lies Kyabram Greens Estate, a sanctuary for serene living and community development. Spearheaded by the esteemed developer Gary Evans, whose commitment to nurturing strong communities resonates throughout regional Victoria and New South Wales, and promoted by the seasoned professional Simran Khatrha, Kyabram Greens Estate offers an unmatched living experience.

Escape the urban clamor and embrace tranquility at Kyabram Greens Estate, where the vision of Gary Evans and the expertise of Simran Khatrha converge to create an unparalleled community.

Spanning over 1000m² each, the land allotments here present endless possibilities for crafting your dream home. With over 200 lots available, now is the opportune moment to claim your piece of serenity.

Strategically situated near Fauna Park, Kyabram Parkland Golf Club, and the town center, residents benefit from convenient access to leisure, educational, and healthcare amenities. Furthermore, with walking proximity to the golf course and complimentary lifetime memberships, recreational pursuits abound.

Embrace a villa-style lifestyle with our quarteracre blocks, complemented by a strict no-subdivision

policy, ensuring an ambiance of spaciousness, exclusivity, and tranquility for all residents.

Come, immerse yourself in the allure of country living at Kyabram Greens Estate, where each day unfolds with a breath of fresh air and a vista of the idyllic countryside awaits.

Land sales enquiries are welcome by calling H&G Real Estate on 5852 2377.

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Great Estates OF THE

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An insider’s take on the current market Brought to you by Rocky Gagliardi, of Gagliardi Scott Real Estate

D

ESPITE uncertainty from climbing interest rates and setbacks in the building industry, Shepparton continues to be resilient in the face of market challenges.

The price of blocks of land has subsided slightly, due to those in the market switching to existing dwellings. This is due to the increase in the costs of building a home and the extended timeline of the build.

There’s an adjustment underway between land and existing homes.

Although the market calmed a little, it’s still strong for residential properties. During the height of Covid, residential property was changing hands at breakneck

speed and our expectations became quite high on the average days a property was on the market. We’re still experiencing excellent sales but the average number of days a residential property is on the market has increased to 25-35 days.

Land has come back a little in price and is selling at around $250k-$300k+ a block.

The challenge going forward is the scarcity of land. The challenge for developers is the sheer cost

LAND SALES…One of the region’s leading real estate agents, Rocky Gagliardi, says the price of blocks of land has subsided slightly, due to demand for existing dwellings. However, the challenge going forward is the security of land. Photo: Shepparton Adviser

of developing land with all the infrastructure involved.

It’s vitally important that anyone planning to build in the next few years is aware they must register their interest in blocks in new housing estates. New stock of available land will become scarce and even if you’re not financially ready to build, you will have time

before the block’s title. This is your chance to get your foot in the door.

It’s also an ideal time as eventually interest rate rises will pause, and many people who are being cautious now will take the opportunity to buy, leading to an incredibly competitive market again.

For further information contact Rocky Gagliardi on 0407 826 542.

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Great Estates OF THE

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A standout feature of Standby Security's systems is the live notification capability. This feature ensures that clients receive real-time updates and alerts on their devices, allowing them to monitor their properties 24/7. This instant notification system can be a crucial component in

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Shared user paths coming soon!

I N addition to new housing releases in Kyabram, the Breen Avenue shared user path project is progressing towards completion.

This project will see the development of a dual cycling/ walking track along the north side of Breen Avenue from Cooma Road to Allan Street, Kyabram. The project will see the establishment of approximately 1.78km of shared user path, forming the missing link in the town shared user path network.

The project, valued at $900,000 will be constructed in stages, as follows: • Engagement and design completed by the end of

30 | Great Estates of the Goulburn & Murray Valley Special Keepsake Magazine - Brought to you by The Adviser - May 2024

March 2023 • Approvals and tenders completed by the end of June 2023 • Construction – completed by the end of June 2024.

The Campaspe Shire Council has said that the shared user path will provide recreational and social benefits for the local community and aims to improve the connectivity and liveability of the municipality.

Great Estates OF THE

Goulburn & Murray Valley

PROMISING RESULTS... Greater Shepparton remains one of Australia’s top 10 regional areas for investing in real estate, due to affordability, property trends, rental yield, employment and projected development. Lower median prices mean it may be more attainable to enter the real estate market here than in metropolitan, or other regional cities. Photo: Deanne Jeffers

Greater Shepparton remains a great place to invest

F

OR another year, Greater Shepparton has again been identified as being one of Australia’s top 10 affordable regional areas for real estate investment. PRD Real Estate recently analysed all of Australia’s non-metro areas to determine the 10 best towns for regional property investment in 2024, with Greater Shepparton being named eighth.

All regional cities were ranked according to their affordability, property trends, rental yield, projected development and unemployment rate.

As of the December quarter 2023, housing affordability in New South Wales, Victoria, South Australia, Tasmania and Australian Capital Territory are all at their lowest points in 20 years, according to PRD, with the weighted average capital city Australian median house price growing

5.3 per cent to $1,005,242.

The chosen LGAs have a median house price of less than $600,000, which is much higher than PRD's 2023 report of $500,000, reflecting the growing unaffordability of homes. However, the $600,000 threshold is approximately 33.9 per cent lower than Melbourne’s median house prices in the December quarter, providing hope to first home buyers looking for land out of the city.

Researchers at PRD deemed the following 10 regional locations as affordable places with solid fundamentals for sustainable future growth: • Mackay Regional Council (QLD) • Toowoomba Regional Council (QLD) • Townsville City Council (QLD) • Dubbo Regional Council (NSW) • Tamworth City Council (NSW) • Griffith City Council (NSW) • City of Ballarat (VIC) • City of Greater Shepparton (VIC) • Wodonga City Council (VIC) • Burnie City Council (TAS).

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For a competitive quote, call Jarrod 0438 354 524 Great Estates of the Goulburn & Murray Valley Special Keepsake Magazine - Brought to you by The Adviser - May 2024 | 31

Great Estates OF THE

Goulburn Valley