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Autumn 2012 Property Guide Issue 123


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 2 | Bath 1

$529,000

Martin Rankin 0421 605 271 Martin Rankin 0421 605 271

3 Severn Street

Yarraville

310 Nicholson Street

Bed 4 | Bath 2 | Car 2

$1,175,000

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

Page

12 Dee Gibson 0416 091 369

Yarraville

24 Cecil Street

Bed 2 | Bath 1 | Car 2

$550,000-$575,000

Yarraville

2 Adeney Street

Bed 2 | Bath 1 | Car 2

$395,000

13

Williamstown

5 Vulcan Grove

Bed 3 | Bath 3 | Car 2

$1,160,000

Colin Rich 0414 397 164 Dee Gibson 0416 091 369

3

Williamstown

2/33 The Strand

Bed 3 | Bath 3 | Car 2

$1,750,000

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

Williamstown

83 Park Crescent

Bed 3 | Bath 2 | Car 2

$879,500

Colin Rich 0414 397 164 Steele Sexton 0403 557 711

Colin Rich 0414 397 164 10 & 11

Williamstown

6 Lemmon Street

Bed 3 | Bath 1

$650,000

Williamstown

5/74 Kororoit Creek Road

Bed 3 | Bath 2 | Car 2

$795,000

Williamstown

87 Hannan Street

Bed 2 | Bath 1 | Car 1

$730,000-$760,000

Steele Sexton 0403 557 711 Steele Sexton 0403 557 711

Colin Rich 0414 397 164

Williamstown

4-18 Ferguson Street

Bed 1 | Bath 1

$214,000

Williamstown

36 Chandler Street

Bed 4 | Bath 2

$1,100,000-$1,160,000

Williamstown

32 Chandler Street

Bed 4 | Bath 1 | Car 1

$1,100,000-$1,200,000 Brad Carlin-Smith 0466 605 522

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Tarneit

3 Mirror Place

Bed 4 | Bath 2 | Car 2

$355,000

Tarneit

78 Damask Drive

Bed 3 | Bath 2 | Car 2

$345,000

John Galea 0405 564 669

Sunshine West

75 Nicholson Parade

Bed 3 | Bath 2 | Car 2

$390,000

Susie O’Neill 0417 755 450 Huss Saad 0413 364 769

Spotswood

39 Reed Street

Bed 3 | Bath 1

$789,000

Seddon

7 Pole Street

Bed 3 | Bath 2

$790,000-$850,000

Seddon

24/294 Nicholson Street

Bed 2 | Bath 1 | Car 2

$419,000

Robert Kreskas 0432 447 018

8&9 Huss Saad 0413 364 769

Seddon

17 Hobbs Street

Bed 3 | Bath 1 | Car 2

$1,050,000 plus

Seddon

7 Bayview Road

Bed 2 | Bath 1

$670,000-$700,000

Martin Rankin 0421 605 271 6&7

Seddon

14 Austin Street

Bed 4 | Bath 2

$830,000-$870,000

Martin Rankin 0421 605 271 Huss Saad 0413 364 769

Seddon

87 Alexander Street

Bed 3 | Bath 2

$680,000-$740,000

Seddon

14 Alexander Street

Bed 4 | Bath 1 | Car 2

$790,000-$840,000

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Seddon

4 Acton Street

Bed 2 | Bath 1 | Car 1

$620,000-$680,000

Susie O’Neill 0417 755 450

Seaholme

16 High Street

Bed 3 | Bath 2 | Car 2

$865,000

Seaholme

14 Cambridge Street

Bed 3 | Bath 2 | Car 2

$770,000-$820,000

Martin Rankin 0421 605 271 Nathan Johnson 0410 331 032

Point Cook

36/39 Astley Crescent

Bed 2 | Bath 2 | Car 1

$315,000

John Galea 0405 564 669

Newport

5 Revo Street

Bed 3 | Bath 1 | Car 11

$410,000-$450,000

Susie O’Neill 0417 755 450

Newport

1 Peel Street

Bed 3 | Bath

$1,200,000

Newport

26/4 Mason Street

Bed 2 | Bath 1 | Car 1

$520,000-$580,000

Newport

119 Mason Street

Bed 2 | Bath 1 | Car 1

$475,000-$505,000

Newport

10 Jack Street

Bed 3 | Bath 1 | Car 1

$458,000

Susie O’Neill 0417 755 450 John Galea 0405 564 669

Newport

45 Graham Street

Bed 3 | Bath 2 | Car 3

$635,000

Newport

1/101 Blackshaws Road

Bed 2 | Bath 1 | Car 1

$340,000 - $360,000

Maidstone

84 Norfolk Street

Bed 3 | Bath 2 | Car 2

$519,000

Brad Carlin-Smith 0466 605 522 Susie O’Neill 0417 755 450 Dee Gibson 0416 091 369

4&5 John Galea 0405 564 669

Maidstone

22/8 Crefden Street

Bed 2 | Bath 1 | Car 1

$370,000

Kingsville

105 Queensville Street

Bed 3 | Bath 1 | Car 1

$640,000-$670,000

Nathan Johnson 0410 331 032

John Galea 0405 564 669 Martin Rankin 0421 605 271

Kingsville

70 Chirnside Street

Bed 3 | Bath 1 | Car 1

$660,000-$690,000

Footscray

6/1 Saltriver Place

Bed 3 | Bath 2 | Ca1

$680,000-$730,000

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Footscray

26A Chatham Street

Bed 2 | Bath 1

$380,000-$420,000

Huss Saad 0413 364 769

Docklands

1502/90 Lorimer Street

Bed 2 | Bath 2 | Car 2

$1,020,000

Altona North

9 Third Avenue

Bed 3 | Bath 1 | Car 2

$548,000

Traci Charles 0425 717 489 Nathan Johnson 0410 331 032

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

$570,000-$590,000

John Galea 0405 564 669

Altona

3/34-36 Upton Street

Bed 2 | Bath 1 | Car 1

Price Upon Application

Altona

304/117 Pier Street

Bed 3 | Bath 2 | Car 2

$520,000

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Colin Rich 0414 397 164

Brad Carlin-Smith 0466 605 522


Yarraville 2 Adeney Street Holding irresistible appeal for renovators, first home buyers and builders (STCA), this is a prime opportunity to secure a residence located for uttermost convenience. Situated on a corner block, this home is in close proximity to a range of parks, schools and shops. Comprises: two large bedrooms, bathroom, walk in laundry. Features: Baltic pine floorboards, air conditioning, heating, off street parking. Features

Bed 2 | Bath 1 | Car 2

Enquire

txt ADE to 0429 306 075 for open times

For Sale

$395,000

Contact

Huss Saad 0413 364 769 & Adrian Butera 0409 099 791 Yarraville 9314 1188 or visit comptongreen.com.au

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Newport 1/101 Blackshaws Road

Leading Location, Lifestyle Of Ease

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Representing an unbeatable opportunity for first home buyers, owner occupiers or investors, this home provides light-filled, low-maintenance living. Located for utmost convenience, this property has easy access to transport, Newport Lakes and CBD. This home comprises of open plan lounge/ kitchen/ dining room & two bedrooms with BIR’S. Timber floors, new carpets and a freshly painted interior add further appeal. Features: cooling, heating, garage and private rear yard. Features

Bed 2 | Bath 1 | Car 1

Enquire

txt BLA to 0429 306 075 for a price guide & open times

Auction

1pm Saturday 12th May on location

Contact

Nathan Johnson 0410 331 032 & Brad Carlin-Smith 0466 605 522 Williamstown 9397 1600 or visit comptongreen.com.au

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Seddon 7 Bayview Road

A Graceful Victorian Residence

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The inviting spaces of this beautiful two bedroom Victorian convey classical comfort throughout. Located in one of Seddon’s most sought after streets, this home is bound to impress. Rich with period detail, this residence features: timber floors, ornate fireplaces and stunning ceiling roses. Comprising: welcoming family room, lightfilled kitchen/dining/entertaining area, tranquil garden. Features: heating, cooling, dishwasher, separate laundry, alarm. Close to shops, transport, Yarraville & Seddon villages, CBD. Features

Bed 2 | Bath 1 |

Enquire

txt BAYV to 0429 306 075 for a price guide & open times

Auction

10am Saturday 26th May 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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Seddon 7 Pole Street

Timeless Treasure

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Harmoniously combining heritage originality with modern comfort, this Victorian residence is a rare find. The master bedroom has been designed to perfection as it features WIR’S, ensuite and French doors provide access to the enclosed patio. Two bedrooms (BIR’S) make way to a spacious open plan family room. Features: polished floorboards, cooling, heating, designer kitchen, walk-in pantry, tranquil garden. Close to transport, shops, schools. Features

Bed 3 | Bath 2 |

Enquire

txt POL to 0429 306 075 for a price guide & open times

Auction

12pm Saturday 26th May 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 44 Railway Place

Well Worth The Eort

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“Glenvale”, Full of Character & Endless Potential. This double fronted Victorian home is appealing today and even more so tomorrow. Graced with period detail, including: high ceilings, original fireplaces and three double bedrooms. The yard is perfect for children or for a designer’s inspiration to extend (subject to council approval.) Walking distance to Williamstown Beach, schools, transport. Side driveway access for off street parking. Land size: 547m2 approx. Features

Bed 3 | Bath 1 | Car 2

Enquire

txt RAI to 0429 306 075 for a price guide & open times

Auction

3pm Saturday 26th May on location

Contact

John Galea 0405 564 669 & Colin Rich 0414 397 164 Williamstown 9397 1600 or visit 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 Enquire

Bed 2 | Bath 1 | Car 2 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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Footscray 6/1 Saltriver Place Live by the River-what a lifestyle! This bigger than normal, bright and light ďŹ lled, spacious townhouse is located right on the banks of the Maribyrnong River and only a short drive to Melbourne CBD. First level includes 2 generous sized bedrooms, laundry, bathroom and an extra large balcony with 180 degree views of the city, perfect for nights and all year round entertaining. Second storey boasts huge master bedroom complete with en suite, walk in robes and another large balcony – perfect to relax and enjoy the views! Features

Bed 3 | Bath 2 | Car 1

Enquire

txt SALT to 0429 306 075 for a price guide & open times

Auction

2pm Saturday 2nd June on location

Contact

Steele Sexton 0403 557 711 & Colin Rich 0414 397 164 Yarraville 9314 1188 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

Village Green Magazine 123  

Village Green Magazine 123

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