North East Property Guide

property guide northeast

AUGUST 31 - SEPTEMBER 6

No 2 Harvard Place, Wangaratta | Morris Bros. Real Estate

| 2018

proudly partnering

com.au

Editorial page 3

Stop noise entering your home

34 Browning Street WANGARATTA VIC 3677 03 5722 1040 j/106d00021-v27/39-17

property guide northeast

OPEN FOR INSPECTION SATURDAY, SEPTEMBER 1 15 Shadforth Street, Wangaratta

Devlin Real Estate

11 - 11:30am

10 Ford Street, Beechworth

Devlin Real Estate

1 - 1:30pm

7 Orkney Street, Wangaratta

Landmark Harcourts

10 - 10:30am

12 Leishman Street, Wangaratta

Stockdale & Leggo

9 - 9:30am

21 Appin Street, Wangaratta

Stockdale & Leggo

10 - 10:30am

34 Collyndale Drive, Wangaratta

Stockdale & Leggo

11 - 11:30am

21 Cambridge Drive, Wangaratta

Stockdale & Leggo

12 - 12:30pm

62 Taminick Gap Road, Wangaratta South

Stockdale & Leggo

1 - 1:30pm

AUCTIONS & CLEARING SALES SATURDAY, SEPTEMBER 1 39 Rose Place, Waldara - CLEARING SALE

Garry Nash & Co.

9am

18 McLeans Road, Greta West

Morris Bros. Real Estate

11am

136 Hughes Lane, Eurobin - CLEARING SALE

Paull & Scollard

9:30am

15 Shadforth Street, Wangaratta - AUCTION

Devlin Real Estate

11:30am

10 Ford Street, Beechworth - AUCTION

Devlin Real Estate

1:30pm

Paull & Scollard

11am

Paull & Scollard

2pm

SATURDAY, SEPTEMBER 8 Lot 2 Snow Road, Whorouly East

SATURDAY, SEPTEMBER 14 1312 Rutherglen-Springhurst Rd, Springhurst

Should you sell or rent your home Written by | view.com.au in Investing make before turning your home into an investment property.

Should you sell or rent your home – that is the big question many homeowners are asking themselves.

It can be all too easy to become caught up in the idea of selling your home so that you can buy a larger property, to then repeat this process over the years to gradually accrue wealth. The reason this method is popular is because it generally works! According to the 2016 Census, 30 per cent of households owned their home without a mortgage, indicating just how powerful the Australian dream is of owning property. But there are other ways to build wealth in property, and one that not many consider is that of turning their home into an investment property.

The benefits of selling your home The greatest benefit of selling your home is the ability to gain access to the capital gains accrued in the value of the property during the time you have owned it.

Along with an assumed wage increase over a person’s career and any other accumulations of wealth, such as through other forms of compound interest investments, the release of capital gains when selling your home is generally how homeowners are able to afford to upsize their homes or move into areas with greater prospects for financial growth and lifestyle.

Sounds great, doesn’t it?

However, remember that any release of capital gains is subject to taxation, which is felt most by those selling their Permanent Place Of Residence (PPOR). Correctly

pricing your home to sell can make a significant difference in your eventual earnings once taxation plays its part.

Where planning to sell your home to afford a more expensive home can go awry is in your susceptibility to market fluctuations. There can come moments in a person’s life where they may have to sell their home within a certain time period, and this leaves them at a disadvantage if the market is not in their favour. The alternative is therefore to keep your home as a major asset and see market downturns through to the end of their cycle by turning your home into an investment property.

The benefits of turning your home into an investment property

By far, the greatest benefit of turning your home into an investment property is the potential savings you can make through various tax incentives for property investors.

One relatively unknown tax incentive is known as the six-year rule. This allows property investors who have lived in their investment property for at least 12 months to claim tax breaks on any capital gains accrued in a six year period following that initial 12 months. You can read more about the six-year rule here.

The second advantage to keeping your home is the ability to pay it off in full and be one of the 30 per cent of households in Australia that no longer stress over mortgage fees.

Of course, there are considerations to

While you will have the opportunity to borrow on the existing equity in your home, you need to be able to afford the daily costs of your new home and a business (the investment property).

When costs exceed incomes from an investment, many choose to negatively gear their properties and make the most of tax incentives for that scenario.

However, with the costs of running a home running up to almost 5 per cent of the purchase price of a home per year, you need to be sure that you are not stretching your finances to their limit (especially with any changes to interest rates or your own employment). Tax incentives are policies, and these policies can change with new governments, so be cautious not to rely solely on these as a long term investment plan.

The decision of whether to sell you should sell or rent your home is one that must take into account a multitude of factors that are different for all homeowners, which is why it is important to first speak with an accredited financial adviser to see whether your finances can support the transition of your home into a business and source of income. Remember that if choosing to turn your home into an investment property, you will most likely have to sacrifice on your lifestyle, as your new PPOR will need to be affordable enough to account for the increased costs of running an investment property.

Feature Listing | property guide northeast

com.au

Superb space and presentation NO 2 HARVARD PLACE COMES WITH THE VERY BEST OF CREDENTIALS INCLUDING ITS QUALITY CONSTRUCTION BY ONE OF WANGARATTA’S MOST REPUTABLE BUILDERS. THE modern and very spacious four bedroom includes two bathrooms, a walk-in pantry and four living areas including a formal lounge, rumpus or games room, together with a combined kitchen/dining and family meals area.

The 228 m2 home (just under twenty five squares) has the best of fixtures and fittings and extensive built-in storage including a walk-in robe to the master bedroom.

Innovative design includes a powder room off the bathroom.

Comfortable living is guaranteed by multiple ceiling fans, ducted gas heating and ducted evaporative cooling.

The ash kitchen is superb with dishwasher and electric cooking.

Direct access from the meals area is gained to a beautifully presented and expansive entertaining area which features extensive patterned brick paving and a roofed area with ceiling fan.

Nearby is a salt chlorinated and solar heated kidney shaped pool, with the whole outside area designed with exceptional privacy in mind.

The attached double garage of 45m2 is spacious with roller door access front and rear.

No 2 Harvard Place is an outstanding property with an affordable asking price.

4 Agent | Phone | Price | Location |

2

2

Morris Bros. Real Estate 5721 2014 $495,000 2 Harvard Place, Wangaratta

10 FORD STREET, BEECHWORTH 6

7

Land Size 1,950m2

4

A LANDMARK HERITAGE PROPERTY Circa 1895 this commanding solid brick with granite foundation residence is sited at the top of Ford Street, only metres from Beechworth’s commercial centre. With an imposing presence the home comprises six bedrooms all with ensuite bathrooms, a separate study or seventh bedroom, formal lounge, generous family living room with access to a large meals area off an expansive open plan kitchen featuring stainless steel appliances, island bench, ample storage and walk in pantry. There is also a separate main bathroom with disabled access and a large laundry with fitted cabinetry.

AUCTION Saturday 1.30pm

AUCTION: AUCTION TERMS: INSPECT: AGENT:

Saturday 1st September 1:30pm on-site 10% Deposit Balance 30/60 days offered with vacant possession.

Saturday 1st September 1:00 – 1:30pm Rod Devlin 0400 281 999

15 SHADFORTH STREET, WANGARATTA 4

2

1

Land Size 534m2

IMMACULATE FOUR BEDROOM HOME This pristine four bedroom two bathroom property is the ideal affordable investment opportunity or the perfect home for the growing family. Meticulously presented inside and out, the home offers a cosy lounge with gas wall furnace and reverse cycle heating/cooling unit, well appointed kitchen with separate meals area plus three generous bedrooms, two with built in robes adjacent to the central bathroom. The jewel to this property is the large fourth bedroom and second bathroom with it’s own entry. This is a great opportunity for the extended family or teenagers retreat.

AUCTION Saturday 11.30am

www.devlinestateagents.com.au

AUCTION: AUCTION TERMS: INSPECT: AGENT:

Saturday 1st September 11:30am on-site 10% Deposit Balance 30/60 days offered with vacant possession.

Saturday 1st September 11:00 – 11:30am Rod Devlin 0400 281 999

03 5728 1999

FOR INFORMATION ON HOW YOU CAN ADVERTISE IN THE

Agents Choice | property guide northeast

com.au

property guide northeast

PLEASE CONTACT 03 5723 0100 or email sales@nemedia.com.au

e/14d13429/3616

Immaculate Waldara home LOCATED only minutes to Wangaratta in the highly sought after Waldara area, this beautifully presented five bedroom home on five acres with great shedding offers the perfect opportunity for those looking for that bit of space just out of town.

The brick home features five bedrooms in total, master with en-suite and walk-in robe, built-in robes in the other bedrooms with the option of turning the external fifth bedroom into a granny flat.

The kitchen features a new Belling double oven and has a five burner gas cook top set in bench with Fiori stainless steel/ glass range hood over the cooktop, has an island bench, large pantry and plenty of cupboard space.

The open plan then flows to the separate lounge and living areas.

The home has a separate laundry and bathroom with separate bath and shower.

N I F

5

Agent Landmark Harcourts Real Estate

2

Phone 5722 9444

4

Price $599,500 Location 696 Wangaratta - Yarrawonga Road, Wangaratta

Contact Bernard Ivone - 0428 522 572 74 Standish Street Myrtleford Ph: 5752 2232 Fax: 5752 2144 www.paullscollard.com.au Email: myrtleford@paullscollard.com AUCTION - FINAL NOTICE

NEW LISTING

Ovens Valley Grazing Land Saturday 8th September 2018 at 11.00am onsite

Centrally Located Unit

Approximately 46 hectares (114 acres) of vacant grazing land. Flat country rising to undulating with good stands of shade trees including red gum and red box. Recently constructed colorbond shed of approximately 20m x 22m, solid set of heavy duty steel cattle yards with an RPM All Rounder crush concreted race and head lock. An old corrugated iron clad hut with power connected, good water with 4 dams and very good fencing. Frontage to the Snow Road and Camp Lane the property is commuting distance to Wangaratta and Myrtleford, school bus goes past the front gate. A great opportunity to purchase a parcel of land in a tightly held area that isn’t overcapitalised, has good potential and qualifies for a Planning Permit (STCA).

Very low maintenance and only a short walk to the centre of town this well maintained spacious 2 bedroom unit is very well located for a retiree.

Open plan living area with electric floor heating and 3 split system reverse cycle air conditioners plus ceiling fans, heating and cooling is well covered. Built in robes in both bedrooms, a spa bath and separate shower in the bathroom, updated electric kitchen with dishwasher and new oven, freshly painted throughout and a great outdoor under cover area allows extra living space. There is also a lock up garage with remote door and garden shed. The property is very well presented and ready to move into.

$310,000

NEW LISTING

Great Home & Location Solidly built 3 bedroom brick veneer close to the schools, golf course and sporting centre it is well suited to the growing family. Updated electric kitchen with dishwasher and dual door roll out pantry plus new floor coverings, split system reverse cycle air conditioning, large lounge, built in robes in the main bedroom and a disable friendly bathroom. Recently restumped, there is also a large carport with drive through access to the very spacious flat back yard and 2 garden sheds with plenty of storage space.

To keep the running costs down a solar power system has been installed.

Set in a court setting so no through traffic this would make a great spot to bring up children. $340,000

VACANT CENTRAL LAND Being sold as one lot, this is an excellent opportunity to purchase 3 parcels of land in the heart of Myrtleford that have potential for a number of different applications.Approximately 1,456 square metres of land in total in a Commercial Zoning and fronting the Murray to the Mountains Rail Trail and Elgin Street opens many doors well suited to a Commercial or Residential development (STCA). Just off Queen Street it is a very short stroll to the supermarket and Clyde Street, flat ground and a pleasant outlook, it has been priced to sell. $255,000 j/19D12610-V34/35-18

$370,000

Agents Choice | property guide northeast

TURN YOUR HOUSE

com.au

into a home

Centrally located unit

free

*

paint

delivery blinds & awnings

house paint

colour matching

$50 off

wallpaper solutions

roof restoration

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garage floor coatings

paving solutions

@wattylpaints

timber finishes

WANGARATTA PAINT PLACE UNIT 1, 22A TONE RD PH: 5721 6782

VERY low maintenance and only a short walk to the centre of town, this well maintained spacious two bedroom unit is very well located for a retiree.

There is open plan living area with electric floor heating and three split system reverse cycle air conditioners plus ceiling fans, heating and cooling is well covered.

Built-in robes in both bedrooms, a spa bath and separate shower in the bathroom, updated electric kitchen with dishwasher and new oven, freshly painted throughout and a great outdoor under cover area allows extra living space.

There is also a lock up garage with remote door and garden shed. The property is very well presented and ready to move into.

2 1 1

Agent Paull & Scollard Phone 5752 2232 Price $310,000 Location 5/1 Elgin Street, Myrtleford

*Free delivery with any paint purchase. # Spend $250 or more on paint and accessories in one transaction and receive $50 off.

Offers only available at Wangaratta Paint Place until 31.12.18. While stocks last.

T42 and T44 options.indd 1

15/5/18 12:58 pm

MOYHU | VIC

LURG | VIC

N IO CT U A

R FO

191.09 Hectares - 472 Acres

LE SA

4

28.22 Hectares – 70 Acres

“Lemana Park” Renowned Grazing Property • • • • •

500 acres prime grazing land located in the Myrrhee valley AUCTION - FRIDAY, 14 SEPTEMBER 2018 AT 2PM ONSITE Excellent water, Boggy Creek, four large dams, well, bore FOR SALE - $ Rich deep grey, red and sandy loam soils, fertiliser history Address: 360 Boggy Creek Road, Moyhu, VIC 22 paddocks, good fencing, laneway to steel cattle yards 100 megalitre irrigation dam, 40 acres irrigation, 70 Contact: Dave Colvin 0407 500 239 megalitres water • Three hay sheds, machinery shed, shearing shed, horse arena dcolvin@ruralco.com.au • Beautifully presented five bedroom, three bathroom homestead • 1950s built, modern upgrades, set in beautiful old gardens Property ID: 19409219

• Lifestyle property with spectacular rolling hill views

MILAWA | VIC

RUTHERGLEN | VIC

RODWELLS

LE SA

• Four bedroom home fully renovated, modern upgrades • Open plan living, formal lounge with beautiful outlook

4

1

2

• Games room, good shedding, lock up workshop

• Tightly held Milawa region of North East Victoria • Water rights, irrigation from King river and Hurdle creek • Dairy farm being in one family for over 100 years • Four and two bedroom homes, machinery and hay sheds

Address:

• Located close to the King Valley and Alpine regions

L O CA L SERVICE, N A T I ON A L ST R EN G T H

Property ID:

19349507

dcolvin@ruralco.com.au

• Ample water, tanks, dams, seasonal creek, good pastures

RODWELLS

LE SA

41 Hectares – 102 Acres

4

1

4

2

• Located in famous wine region, 6 kms to Rutherglen, 42km to Wodong

702 Oxley-Meadow Creek Road Docker, VIC

• Fertile rich red and clay loam soils with recent crop and fertiliser history

1

2

19549513

FOR SALE - $310,000 Address:

• Small wetland area, potential to further enhanced for nature and wildlife Contact:

RODWELLS

Lot 2 Cornishtown Road Rutherglen, VIC

• Gently undulating with ample water makes for suitable grazing property

Dave Colvin dcolvin@ruralco.com.au

Property ID:

Dave Colvin 0407 500 239

Live the Lifestyle at Rutherglen

0407 500 239

• Highly fertile soils, good pasture and fodder production

Contact:

• Ideal small scale farm, lifestyle property with back and front road frontage

FOR SALE - $2,600,000 P.O.A. FOR SALE - $

Contact:

724 Upper Lurg Road, Upper Lurg, VIC

• Good horse facilities, shelters, arena, round yard

King River Frontage • Prime grazing land with King river and creek frontage

FOR SALE - $699,000 Address:

• Large undercover deck area, ideal entertaining area

R FO

185 Hectares – 456 Acres

2

Spectacular Views, Country Enjoyment

TH

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2

Dave Colvin 0407 500 239

• Good fencing, 2 paddocks, gum trees and stock shelter belts

dcolvin@ruralco.com.au

• Power close by, planning permit available, heaps of potential home sites Property ID:

11171758

13 11 14

RODWELLS

www.ruralcoproperty.com.au

wangaratta.landmarkharcourts.com.au

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North East Living is a tri-annual glossy magazine incorporating interesting people, picturesque places, beautiful homes and gardens, first class food, wine and much more.

The magazine is on sale now and available throughout the region at newsagents, supermarkets and selected retail outlets.

z/01D09261/3518

North East Living is also available as a digital edition.

For further information visit nemedia.pressreader.com or download the North East Media app

Morris Bros

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

Available 7 Days

ɻPRESTIGE 1 ACRE ALLOTMENTS YARAMBA PARK ESTATE, WALDARAɽ TAKE ADVANTAGE OF THE PRE PURCHASE CONSTRUCTION PRICES W G NE TIN LIS

AUCTION ON SITE 11:00AM

TOMORROW 18 MCLEANS ROAD, GREAT WEST DWELLING ON 2.83 HA (7 ACRES) 5 CROWN LOTS ([FHOOHQW FORVH WR :DQJDUDWWD ORFDWLRQ RQ VHDOHG URDG :HOO IHQFHG JUD]LQJ LQ PXOWLSOH SDGGRFNV )LYH URRPHG ROGHU VW\OH GZHOOLQJ ZLWK ODUJH SDYHG RXWGRRU DUHD DQG VHFXUH P DSSUR[ VHPL GHWDFKHG VWRUHURRP 2WKHU LPSURYHPHQWV LQFOXGH FDUSRUW DQG YDULRXV SRXOWU\ VWRUDJH DQG GRJ HQFORVXUHV VKHGGLQJ

Terms 10% deposit. Balance 60 days.

UNIQUE WEST END CORNER SITE

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ENERGY EFFICENT CENTRAL CBD HOME

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FIVE BEDROOMS ON 3.5 ACRES

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$695,000

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$365,000

NEW RELEASE

$425,000

$625,000 BROWNING ST

YARAMBA PARK ESTATE

PRESTIGE ARLINGTON PARK ESTATE

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OLD SCHOOL ROAD, VIA YARRAWONGA ROAD

‘THE OXLEY COLLECTION’ - LOT 2 NEW RESIDENTIAL HOME SITES. 2,719M2.

INDUSTRIAL LOTS

42A ARLINGTON PARK AVE 628M2 42B ARLINGTON PARK AVE 674M2

Lot 4 - SO L Lot 5 - SO D LD

44A ARLINGTON PARK AVE 741M2 44B ARLINGTON PARK AVE 640M2 All Services available Wide tree lined Street %HVW $OORWPHQWV LQ :DQJDUDWWD

ALL PRICED AT $200,000

Stage Two Release; 1 Acre Lots Take advantage of pre-construction pricing )XOO\ 6HUYLFHG /RWV P WR P

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FROM $119,500 + GST

$155,000

$235,000 EACH

28 OVENS TERRACE- TARRAWINGEE

POSITION PERFECT

LOOK PAST THE FENCE

TWO RENTAL INCOMES

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$198,000

Morris Bros

$287,000

YOUR REIV AGENT

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$465,000

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$319,000

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Agents Choice | property guide northeast

com.au

Classy transformation THIS stunning three bedroom weatherboard home blends modern convenience with period charm, centrally located with public transport at your doorstep and only a short stroll into the CBD, train station or cafes.

You are greeted by the wide entrance hallway with gorgeous polished messmate hardwood timber flooring and high ceilings.

The master bedroom features full ensuite along with built-in robes to all bedrooms.

The large open plan kitchen, living and meals area with feature raked ceiling flows seamlessly through stacked sliding doors onto the spotted gum decked undercover entertaining area that overlooks the low maintenance yard.

The home boasts a chef’s kitchen with large island bench and plenty of cupboard space, quality Bosch stainless steel appliances and top of the range Qasair rangehood.

3 2 1

Living in the Cambridge Estate

Agent Garry Nash & Co. Phone 5722 2663

PROMISING the very best in low maintenance living and providing a quality lifestyle, No.21 Cambridge Drive is a home that will tick all your boxes.

It comprises of three bedrooms, master with en-suite and built-in robes, open plan dining and living room, well-appointed kitchen, ducted gas heating and evaporative and split system cooling.

Outside features low maintenance gardens with terrific shedding, a magnificent alfresco area and secure backyard.

With many more extras and all set on a 714 m2 block, make No.21 Cambridge Drive your new address.

Price $629,000 Location 20 Norton Street, Wangaratta

3

Agent Stockdale & Leggo Real Estate

2

Phone 5722 2336 Price $389,000

2

Location 21 Cambridge Drive, Wangaratta

property guide northeast

j/14d11675-v2/35-17

Call 03 5723 0100

Email: sales@nemedia.com.au

ALL FREIGHT

For Marketing and Branding contact the professionals

www.arboressence.com.au

Rooffix

Established 1954

●

• Tree Pruning + Qualified Arborist Maintenance Dip. Hort. (Arb) Melb. Uni. Burnley phone • Elm Leaf Beetle Treatment 03 5725 7493 • Consultancy + Reports mobile • Stump Grinding 0400 178 872

nemcreative@nemedia.com.au

Roof repair and restoration

5723 0119 (Rosalee)

All work guaranteed Fully qualified roof tiler

Local, well known tradesman

Effective, competitive solutions for your Termite problems

0428 218 271

k/31d17713-v5/27-15

Purchasing a Property? Are there Termites?

Have it professionally inspected ! www.economicpest.com.au

COVERING WANGARATTA AND NE VICTORIA

Call Stephen Ackerly and the team on

j/30d02009/32-17

(02) 6056 0588 (03) 5721 5774

from only $30 per week.

NORTH EAST SCAFFOLDIN G

Residential

Land Sales

Private Sale

For Lease

For Sale

Call today (03) 5723 0100, or email: sales@nemedia.com.au

PHONE REG: 0418 541 153

guide property

New Estates Rentals

property guide northeast

t

northeas

AUGUST

25 - 31

| 2017

Rural

Regional Coverage = over 25,000 Readers

Advertise: (03) 5723 0100 n01D08991/3517

THIS SPACE COULD BE YOURS

O.H. & S. Requires fall protection when working above 2m 3 Residential & commercial scaffolding hire 3 Installation by licenced scaffolders 3 2, 3 & 4 Plank walkway scaffolding 3 Modular steel kwikstage scaffold 3 Essential for the safe installation of; Roof trusses, facia, gutters.

3 Roofing, cladding and bricklaying

Clearing Sales

New Developments

(03) 5725 7250 0428 579 429 Marcus wheelersfreight@hotmail.com

SCAFFOLD HIRE

Your lo pest concal expertstrol

Full range of spare tiles

Call Darren on

Servicing to and from Melbourne, Wangaratta, Myrtleford, Bright, Mount Beauty, Mount Hotham, Falls Creek 31d21721-v9/2918

Business Cards ● Flyers Menus ● Coffee Cards ● Farewell Service Booklets and more ● Affordable design concepts ● Good old fashioned service ●

06D09376-V9/1616

Help us help you.

3

2

1

Estate Bros Real | Morris | 5721 2014 | $379,000 , Wangaratta Price och Road | 21 Murd Location

Agent Phone

Have you met the

Wangaratta DPG

team?

ARE DIFFERENT DPG REALLY TS. ESTATE AGEN THAN OTHER S ARE OUR CUSTOMER JENNY 1 PRIORITY! NUMB INE ER OUR PAUL REAL ESTATE WHATEVER YOUR CALL E GIVE US A NEEDS PLEAS OFFICE. DROP INTO THE

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FORM INVOL ENTS ING TRANS three toilets, OM HAS REFURBISHM THE AMAZ G THREE BEDRO living with EXTENSIVE comfortable evap cooling, ceiling OUTSTANDIN OM ALONG WITH is indeed ducted heater.

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