North East Property Guide

property guide northeast

MARCH 8 - 14

proudly partnering

| 2019

20 Edwards Street, Wangaratta | Stockdale & Leggo

Editorial page 3

We achieved a great result for 35 Tavern Terrace and have a number of other buyers

If you are thinking of selling NOW is a great ‘the girls’ at DPG a call.

We’

agents.

Thankyou so much Indi and Jenny for everything you have done for us. I would recommend you to anyone. Your We are soooooo happy and are looking forward to our future endeavours.

Girl power forever xxxx

1300 222 262 7 Days a Week district property group

wangarattaDPG.com.au

property guide northeast

OPEN FOR INSPECTION SATURDAY, MARCH 9 1548 Boorhaman Road, Boorhaman

Landmark Harcourts

9:30am - 10am

111 Rowan Street, Wangaratta

Landmark Harcourts

10:30am - 11am

6183 Mansfield-Whitfield Road, Whitfield

Landmark Harcourts

12pm - 12:30pm

54 Cambridge Drive, Wangaratta

Stockdale & Leggo

9am - 9:30am

14 Matheson Street, Wangaratta

Stockdale & Leggo

10am - 10:30am

20 Edwards Street, Wangaratta

Stockdale & Leggo

11am - 11:30am

153 Greta Road, Wangaratta

Stockdale & Leggo

12pm - 12:30pm

5 Ovens Street, Wangaratta

Insite Real Estate

9:30am - 10am

3 Filandra Street, Wangaratta

Insite Real Estate

9:30am - 10am

5 Armstrong Court, Wangaratta

Insite Real Estate

9:30am - 10am

6 Waldara Drive, Wangaratta

Insite Real Estate

10:30am - 11:15am

12 Leishman Street, Wangaratta

Insite Real Estate

11:45am - 12:15am

8 Milnes Creek Drive, Wangaratta

Insite Real Estate

11:30am - 12pm

23 Bowser Crescent, Wangaratta

Morris Bros.

10:30am - 11am

Speak to your agent about listing on realestateview.com.au.

Be seen everywhere.

What a home in 2019 will cost you…

Written by | realestateview.com.au in buying …is one of the hardest questions to answer and a question too many are trying to predict.

Spend a bit of time looking into market predictions in Australia and you can find someone who can confirm anything you want to believe. Don’t like what figures from the past decade say about house prices? Just broaden your scope to 2030 years and you’re likely to find data to support any hypothesis you want to make.

Amid all the predictions and debate, one thing is clear: it is now a buyers’ market. Our weekly clearance rates have been telling you for some time that the honey-sweet days of 80+ per cent clearance rates are not coming back any time soon. A challenge for vendors, but good news for buyers. There are, of course, no surprises here, as markets are cyclical, and a fall in house prices in the major markets was always expected. The extent of these falls is not quite so clear, as many see external forces influencing prices more so than in previous dips.

What does this mean for 2019 prices?

By the end of December 2018, Sydney house prices were 10.03 per cent lower than the year prior, and Melbourne’s were down 9.12 per cent. Perth also saw falls (-4.32 per cent), while the rest of the country saw modest rises, apart from the high-performing (and beautiful) Hobart, which saw an annual increase of 8.31 per cent for house prices. Let it be said, Australia is finally recognising Tasmania for the jewel that it is, and investors are not being shy in displaying that interest.

Firstly, why have prices across many major Australian markets (especially Sydney and Melbourne) fallen? The answer would and has filled a book or two. It wasn’t just the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry (RCMBSFS), but a host of influencing factors.

Without going into them in too much detail, and aware that the list extends beyond these: Ėĺ declining international investment in Australian markets; Ėĺ APRA’s macroprudential measures to reduce the share of interest-only loans in the market; Ėĺ a rise in the share of undetached new dwellings being built (apartment buildings vs. detached houses); Ėĺ a decline of credit growth since 2015; Ėĺ international economic and political insecurity; Ėĺ low wage growth; Ėĺ growing underemployment (despite decreasing unemployment). In October 2018, the Bank of England’s chief economist, Andy Haldane, blamed the rise of job insecurity and underemployment for a decade of lost wage growth; Ėĺ buyer adjustment to tighter lending practices Ėĺ higher housing supply in the major markets; Ėĺ consumer insecurity.

Looking at last year’s trends, and with little having changed since then, buyers should expect to see prices in Melbourne and Sydney in 2019 continue to fall, as they have been declining at an accelerating rate. However, the diversity of house price trends across the country show that 2019 will be a mixed bag for house prices. There is increased capacity for negotiation for buyers, due to the increase in supply, so even in markets that are seeing increasing rates, make sure to research supply in the area as well as average days on market to inform how you negotiate your price.

Projections of further RBA cash rate cuts in 2019/20 also reveal the potential for a slowdown to the price falls we have seen, as investors become more confident to enter the market, while buyers become more accustomed to tighter lending from the big four banks.

Prices may be influenced by a change of government this year, as possible changes to negative gearing and stamp duty concessions for new builds have been a policy point sold by Labor in the lead up to an election.

Prices are unlikely to ‘crash’ across the national market, especially due to the

performance of cities and regional areas outside of Melbourne and Sydney. With this in mind, buyers who are looking at 20-30 year investments may not necessarily benefit from waiting to see where the bottom of the fall ends up, as any rise to interest rates may offset an advantage they can wrangle if they secure themselves fixed-rate loans.

House prices have fallen most within the higher deciles of the market in both Melbourne and Sydney, but buyers in these major markets should be aware of significant upcoming supply for apartments expected for 2019/20, and the influence these may have on lowering dwelling values in these lower deciles.

In other words, it is a great time to buy.

For those buying within the lower price range, there may be a greater incentive to buy rather than wait as prices may not fall to such a degree as in more expensive markets. As always, do as much research as you possibly can to understand local and national markets, so that you can confidently enter negotiations.

Feature Listing | property guide northeast

Renovated home in school precinct CLOSE TO SCHOOLS, SPORTING FACILITIES AND SHOPS IS THIS STANDOUT HOME THAT IS SET ON A 559M2 BLOCK. Situated in Wangaratta’s popular West End is this charming renovated family home offering a great start for any first home buyer or investor situated close to schools, sporting facilities and shops.

Comprising of a spacious lounge room and

generous meals/dining area leading to a new north facing Alfresco timber deck on a 559m2 block, this brick home is a real standout.

For your comfort the home has evaporative cooling and gas heating.

3 Agent | Phone | Price | Location |

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Stockdale & Leggo 5722 2336 $280,000 20 Edwards Street

Contact Bernard Ivone - 0428 522 572 74 Standish Street Myrtleford Ph: 5752 2232 Fax: 5752 2144 www.paullscollard.com.au Email: myrtleford@paullscollard.com NEW LISTING - THE GREEN ROOM - SUSTAINABLE LIFESTYLE LIVING An award winning solar passive home set on 7.19 hectares of land rejuvenated using permaculture design principals with the main focus being on water retention on farm.

Keeping the original footprint the home has been totally renovated and reorientated to maximise the north sun, low toxic products and finishes have been used as well as recycled materials and it has been double glazed throughout. Victorian Ash clad the home features; an open plan living area with polished floor boards and every window a picture frame, ducted evaporative cooling, a Nectre Bakers oven, gas cook top and electric oven, built in robes and a centrally located bathroom with a large walk in shower recess. There is also a spacious laundry/mudroom and separate office. The living area opens to a North facing outdoor entertaining area. Plenty of shedding including open bay storage, raised floor feed sheds and 2 fox proof chicken runs with housing. A great deal of thought has gone into the reenergizing the land with the construction of swales and berms to make the best use of rainfall, connecting dams and the planting of native tree belts. The soils have been aerated using biodynamic preparations – activated rock dust, lime, Nutri-soil and worm juice have been applied to balance the soil and feed microorganisms. Tree Lucerne has been established to supplement fodder for livestock and act

VACANT RURAL ALLOTMENT NEW LISTING Only a few kilometres out of Myrtleford, 5,202 square meters of land with a current planning permit for a dwelling, short walk to the Ovens River, good views of the Ovens Valley easy access to the Rail Trail and just over 1km from the Ovens Hotel. Power, water and septic system available this block is ready to be built on, a flat block for reduced building costs. A very rare find.

as wind breaks along with 1,000 native trees and acacias. An extensive orchard includes many citrus, fruit and nut trees. Plenty of water storage with 136,000 litre rainwater tank off the home plus a further 20,000 litres and 2 dams for livestock. This is a very good opportunity of capitalising on some very careful and

calculated planning by the current owners.

A very comfortable, environmentally friendly home with low running costs, well established surrounds, a school bus stop 250 meters from the front gate, access to the Rail Trail and easy commuting distance to Myrtleford, Beechworth or Wangaratta.

PRICE REDUCED - MORE THAN MEETS THE EYE Being handy to the schools and in a quiet area of town this property would make a very good first or family home or one to add to your investment portfolio. Polished floor boards on entry and through to the lounge which also has a wood heater and R/C A/C, an open plan kitchen/dining room with a walk in pantry, dishwasher and electric cooking, 3 bedrooms, 2nd A/C in the hallway, bath and separate shower plus a large renovated laundry with plenty of storage. Off the back porch is a shade sail covered paved entertaining area which overlooks the back yard. A lock up garage with workshop area, carport, wood shed and garden shed make up the balance of the improvements. A very neat, low maintenance property that has been renovated over recent years it represents good value and has a surprising amount of space.

$320,000 j/19d12610-v61/10-19

JUST LISTED

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BALTIMORE PARK

Worland Road St Johns Village

ESTATE

For Sale by Tender

STAGES 6, 7 & 8

CONSTRUCTION NOW COMPLETE

ONLY 9 LOTS LEFT!

GreenямБeld Commercial Development Opportunity Situated at the intersection of Lindner and Worland Roads, Wangaratta, this 5-acre property presents a once-in-a-lifetime opportunity in Wangaratta for greenямБeld commercial development.

s 0RICED FROM

s !LL SERVICES AVAILABLE s 4ITLED AND READY TO BUILD ON

Tenders Close 11 March 2019 Please contact the Commercial Sales Team at Insite Real Estate for Tender information.

Selling? We are!

SOLD - Cribbes Road

CREEK MIST

SOLD - Murdoch Road

ESTATE

STAGE 1 s %XCITING NEW DEVELOPMENT

SOLD - Flanagan Street

s 6ARIOUS SIZES

SOLD - Orwell Street

s !LL SERVICES AVAILABLE s #ONSTRUCTION ALMOST COMPLETE

SOLD - Louisiana Avenue

Trevor MORRIS Mobile:

0428 349 406

Connor TAIT Mobile:

0490 057 329

s 0RICED FROM

SOLD - Silverwood Grove

Jonathan GREEN Mobile:

0407 835 293

Angelo POMPONIO Mobile

0409 640 119

(03) 5721 7995

72 MURPHY ST, WANGARATTA

insiterealestate.com.au

JUST LISTED

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JUST LISTED

$325,000

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5 Ovens Street, Wangaratta | OPEN Sat 9th Mar | 9.30am-10am

CBD residential! Develop now or later.

For sale. Buyer range $295,000 to $325,000

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6 Waldara Drive, Waldara | OPEN Sat 9th Mar | 10.30am-11.15am

$179,000

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For Sale. Buyers Range $849,000 to $869,000

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$549,000

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$293,000

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Trevor MORRIS Mobile:

0428 349 406

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8 Milnes Creek Drive, Wangaratta OPEN Sat 9th Mar | 11.30am-12pm

NEW PRICE

$433,000

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$323,000

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$264,000

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0407 835 293

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0409 640 119

$379,000

1

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Jonathan GREEN Mobile:

$357,000

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Easy living or solid investment

Connor TAIT Mobile:

5 Armstrong Court, Wangaratta OPEN Sat 9th Mar | 11.30am-12pm

Grand home in a grand location

3

12 Leishman Street, Wangaratta OPEN Sat 9th Mar | 11.45am-12.15pm

2

4

1

3

$309,000

Renovated West End 4-bedder $ JUHDW RSSRUWXQLW\ IRU WKH KRPH EX\HU RU LQYHVWRU ORRNLQJ IRU D SURSHUW\ WKDW KDV EHHQ YHU\ ZHOO PDLQWDLQHG DQG LQ QHHG RI QR DGGLWLRQDO ZRUN /RFDWHG LQ :HVW (QG WKH UHQGHUHG EULFN KRPH KDV IRXU EHGURRPV D UHQRYDWHG EDWKURRP H[FHOOHQW NLWFKHQ DQG D FRYHUHG WLPEHU DOIUHVFR DUHD IRU RXWGRRU OLYLQJ RU VXPPHU HQWHUWDLQLQJ ([FHOOHQW YDOXH

(03) 5721 7995

72 MURPHY ST, WANGARATTA

insiterealestate.com.au

FOR INFORMATION ON HOW YOU CAN ADVERTISE IN THE

property guide northeast

PLEASE CONTACT 03 5723 0100 or email sales@nemedia.com.au E/01D08987/3517

WANTED

Excellent presentation NUMBER 54 Church Street, Glenrowan, is strikingly presented throughout the three bedroom home.

Located on a generous 790m2 site, the light and airy traditional ranch style dwelling comes with high ceilings, two split system air conditioning units, gas ‘log’ heater, ceiling fan, electric heat panels and ducted evaporative cooling.

The rear timber floored and covered elevated deck is a great relaxation space.

The chattels which include vertical blinds, drapes, security screens and carpets have been well maintained. In addition to the main carport is a garage/storage shed, second carport and a small garden shed.

This is an excellent home package with lots of appeal at an affordable price

Land for lease or agistment.

Local family recently returned to North East area are seeking land for lease or agistment.

Any size considered, short or long term.

Phone Cathy (03) 5727 6317.

3 1 2

Agent Morris Bros Real Estate Phone 5721 2014 Price $255,000 Location 54 Church Street, Glenrowan

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PRICE CHANGE

4

$729,000

2

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791m2

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3

$335,000

2

1

600m2

ĉČ 1%"0,+ 1ķ +$ / 11

The ultimate family home

Nothing left to do

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$239,000

1

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561m2

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4

$389,000

3

$280,000

1

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800m2

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2

$172,000

1

1/90 Sisely Ave, Wangaratta

Family living at its best

Live, renovate or invest

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$980,000

ĊĈŖĊČ 2/-%6 1ķ +$ / 11

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45.4m

5722 2336

964m2

$285,000 Lot 18 Wonga Park Dr, Wangaratta

$149,000

Last remaining!

Build your dream home

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ĉĎŖĉĐ 2/-%6 1/""1ķ +$ / 11 ċĎďď

2

697m2

ĉčċ /"1 , !ķ +$ / 11

First home buyer or savvy investor

2

$189,000

1

1

554m2

Ď 2/(" ļ &))0 )ķ +$ / 11

ŖÁĆĢő Ăĩġä Áő Á ÁƅĩŅàÁÙěä łŅĆÚä

25.8m

4041m2

1

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Packed with features

333m2

$265,000

403m2

1

964m2

3

559m2

1

ĉĐĐ &3"/ !ķ // 4&+$""

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WANGARATTA HAS BEEN NAMED TOP 3 IN THE PROPERTY MARKET IN VICTORIA, GREAT TIME TO SELL!

Ĵ ű Ĵ Ĵ

E18d05583-v116/1019

wangaratta.landmarkharcourts.com.au

If you’re not in the North East Property Guide, you’re not in the market.

The region’s best property guide located inside your local paper every week and online anytime.

property guide northeast

j/01d08975/35-17

PROUDLY SUPPLYING QUALITY MATERIALS AND SERVICES TO NORTH EAST VICTORIA AND SURROUNDS

STEEL

DOWNGRADE STEEL

GATES

CHEAPEST PRICE

STAR POSTS

20X20 UP TO 200X200 RHS

FENCING WIRE

NO ORDERS TOO BIG OR SMALL

RUBBER

1M UP TO 3M IN WIDTH 6MM UP TO 25MM IN THICKNESS

WE ARE NOW DELIVERING THROUGHOUT THE NORTH EAST CUT-TO-SIZE DELIVERED TO SITE

HUGE RANGE IN NEW AND DOWNGRADE STEEL SUPPLYING ROOFING AND FENCING PRODUCTS Frasca’s Belting, Steel & Engineering

Brand new in Baltimore Estate

OVER 10K’S IN STOCK

THERE’S nothing quite like a new home, and this one, in popular Baltimore Estate, is now ready and waiting for new owners to enjoy.

Step inside and you will be impressed by the size and layout of this home with its wide formal entrance, huge master bedroom with walk-in robe and ensuite, spacious living areas, glistening new appliances and ducted heating and cooling throughout.

It is a terrific home for the family needing space and comfort in one of Wangaratta’s premier residential locations. With both double and single electric roller doors there’s ample under cover parking for your vehicles, boat/trailer, or additional storage under roof. The 849 square metre block (approx.) also has provision for side access to the backyard. Full colorbond fencing is included, leaving only some rear landscaping of your choice to complete the property.

Landscape options are available by the vendor.

Don’t build, buy this one.

4 2 3

Agent Insite Real Estate Phone 5721 7995 Price $469,000 Location 3 Filandra Street, Wangaratta

0458 589 210 41 Gibson Street, Wangaratta ethan@frascas.com.au frascas.com.au

Naughtin’s

Bundalong

v106d00175-v52/1019

RURAL FENCING

ENGINEERING

Î

BELTING

MorrisBros

All properties listed on: www.realestateview.com.au www.domain.com.au www.realestate.com.au www.wangarattaproperty.com.au

Available 7 Days

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OPEN FOR INSPECTION 23 BOWSER CRESCENT SATURDAY 9TH MARCH @ 10:30 - 11AM IDEAL FAMILY HOME OR INVESTMENT. r r r r r

ENDEARING ELEGANCE WITH CONVENIENCE

SHORT WALK TO CBD

5ISFF CFESPPNT 0OF CBUISPPN (BT IFBUJOH DPPLJOH 3FGSJHFSBUFE DPPMJOH -BSHF NPEFSO TIFE (SFBU JOWFTUNFOU PQQPSUVOJUZ

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$219,000

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$255,000

‘YOUR SUPER’ INVESTMENT

r r r r r r

5 RHONDA COURT

OFFERS CONSIDERED

All Services available Wide tree lined Street Best Allotments in Wangaratta

$309,000

$$125,000

$190,000

$625,000

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MorrisBros

$579,000

YOUR REIV AGENT

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$359,000

BILLABONG OUTLOOK

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MASTER BUILDER’S OWN

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NEW RELEASE.

Perfect West End location Great size for a townhouse 445m2 approx.

ARLINGTON PARK

$269,000

44A ARLINGTON PARK AVE

Perfect Location Opposite West End Playground.

Retain existing tenanted home.

Two sets services connected.

Great opportunity for young builder.

r r r r r r

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$900,000

DUNLOP STREET TOWNHOUSE ALLOTMENT

CORNER PROPERTY S.T.C.A

$205,000

LOW MAINTENANCE LIVING

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$599,000

SUBDIVIDABLE WEST END

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W G NE TIN LIS

FIVE ACRES, FIVE BEDROOMS, TOWN WATER. r r r r r r

QUALITY UNIT IN THE CBD r r r r r

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$389,000

$249,000

W G NE TIN LIS 54 CHURCH STREET, GLENROWAN r r r r r

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$549,000

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$690,000

Morris Bros. Office - 5721 2014 Olivia Hutchinson − 0407 869 231 enquiries@morrisbros.com.au Brett Goodwin − 0408 574 966 29 Rowan Street, Wangaratta Kate Morris − 0409 259 388

A piece of history IT is very easy to fall in love with this beautiful property. The charming thee bedroom Federation style red brick home was once the residence of the butter factory manager. The period detail within has been lovingly maintained over the years, including polished oorboards, wide hallways, high ceilings, bay windows, picture rails, leadlight doors and ornate ďŹ re surrounds.

Windows are large, allowing plenty of natural light, especially in the formal lounge and sunroom.

The kitchen, meals and dining/living areas are all adjacent, and there is both gas and combustion heating and cooking.

Outside wide verandahs provide the perfect opportunity to take in the gardens and creek outlook. There aer also ďŹ ve water tanks, town water, and ample shedding on the property.

All of this and more in walking distance to the primary school, train station and post ofďŹ ce.

3 1 1

Picture perfect in Peechelba THIS family home offers plenty for those looking for that perfect lifestyle property. The lovingly maintained home boasts two separate living areas and an open plan kitchen and dining, with a separate study area off the formal lounge.

Bedrooms two and three have built-in robes, the master bedroom has a walk-in robe and large ensuite. There is a wet bar off the dining and meals area and adjacent to a handy storage room.

Other features include blackwood timber kitchen with gas stove top, electric oven, breakfast bar and pantry adjacent to an enclosed sunroom with a scenic outlook to a lagoon style dam.

There is also a bore, two good sized sheds both with concrete slab, power and 4.2kw solar.

Evaporative cooling and ducted heating provides comfort all year round. Raised garden beds are ready for the gardening enthusiast within a secure yard.

Rural living, a handy location between Wangaratta and Yarrawonga.

Agent Garry Nash & Co. Phone 5722 2663 Price $350,000 Location 165 Anzac Road, Springhurst

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Agent Landmark Harcourts Real Estate

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Phone $440,000

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Price 5722 9444 Location 111 Everitt Road, Peechelba

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