04 A PICTURE PERFECT EMERALD HOME SOLD IN UNDER A WEEK
25
VICTORIAN RENTAL REFORMSWHAT INVESTORS NEED TO KNOW
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LEASED IN APRIL Leasing Statistics For April 2025
We love to celebrate the standout sales that reflect not only exceptional properties, but also strategic marketing, teamwork, and emotional connection, and 10 Maisie Road, Emerald is just that.
This beautifully renovated lifestyle property captured immediate attention from buyers looking for their next dream home. With its blend of charm, central Emerald location, and meticulous presentation, this home was always going to be popular, and we were extremely impressed by the end result.
Positioned at the end of a quiet, no-through road and a short walk from the heart of Emerald township, 10 Maisie Road offered the rare combination of privacy, space, and accessibility. Set on 6,295m², it provided the tranquil retreat so many families long for.
Sales agent Tara Walters described the home as a standout. “With its modern finishes, warm tones, and thoughtful layout, Maisie Road offers the kind of lifestyle that’s in high demand but hard to find,” Tara said.
Featuring four generous bedrooms, including a wellappointed master suite with walk-in robe and ensuite, two stylish bathrooms, and two
spacious living areas.
The kitchen was a showstopper, with butler’s pantry, quality appliances, and expansive storage, all leading to an open-plan living zone flowing effortlessly to an outdoor deck overlooking a private backyard and bushland surrounds.
Practicality was another winning element. With dual driveways, large double car shed, and excellent rear access, the property catered to modern living needs while still maintaining its tranquil appeal.
The homes presentation was the result of strong collaboration between the vendors and agents Tara and Luke Walters. Every recommendation was followed, from professional staging to final touch-ups, ensuring the home looked its absolute best from day one.
Welcoming 26 groups in two open homes in the first week, and a price guide of $1,050,000 to $1,150,000, the sellers were cautiously optimistic. After six written offers, a sale price of $1,213,000 was secured$63,000 above the top end of the guide.
For the successful buyers, it’s the dream home they’ve been waiting for and they knew from the moment they walked in that this was the one.
“Beautifully renovated and ready to be enjoyed, buyers could see themselves living here”
- Tara Walters, selling agent
10 Maisie Road’s remarkable result is a testament to the power of professional presentation, market insight, and expert negotiation. It also highlights the strong ongoing demand for quality lifestyle homes.
RANGING IN SIZE FROM 4m² - 34m²
Solutions for all your storage needs.
Competitive Rates
Short or long term leases available
Modern, clean units
24 hour video surveillance
Easy access
100 Enterprise Avenue, Berwick
1/83 OLD PRINCES HWY $460PW 2 / 1 / 1
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Victoria’s rental market is set for major reform, with the introduction of the Consumer and Planning Legislation Amendment (Housing Statement Reform) Bill 2024. This legislation will reshape the rights and responsibilities of rental providers, property managers, and renters when it comes into effect from 25 November 2025.
With over 10 key changes, the reform package is one of the most significant updates to the Residential Tenancies Act in recent years. Here’s what you need to know:
1. No More ‘No Reason’ Evictions: Rental providers will no longer be able to end fixed-term leases without a valid reason i.e. moving into the property, renovations, or sale with vacant possession.
2. Stricter Rent Increase Rules: Rental increases must be justified with clear evidence i.e. market comparisons or recent improvements.
3. Longer Notice Periods: The required notice period for rent increases or ending a tenancy will increase from 60 to 90 days.
4. Mandatory Minimum Standards: All rental properties must meet minimum safety and efficiency standards before being advertised, including heating, insulation, and structural integrity.
5. Ban on Rental Bidding: Rental providers will be prohibited from accepting offers above the listed rental price.
6. Data Protection Measures: New data privacy laws will limit the personal information rental providers and agents can collect and store.
7. Licensing & Training for Agents: Real estate professionals must meet new licensing and CPD requirements by November 2026.
8. Tougher Penalties for Underquoting: Penalties for underquoting property prices and misrepresentation during sales have increased to a maximum fine of $47,422.
9. Dedicated Dispute Resolution Body: Rental Dispute Resolution Victoria (RDRV), will handle disputes between rental providers and renters.
10. VCAT Reforms: The Bill introduces reforms to streamline proceedings at VCAT (Victorian Civil and Administrative Tribunal).
Rental providers should:
• Review lease agreements
• Plan ahead for property upgrades
• Document market comparisons for rent reviews
• Partner with a qualified property manager
• Stay informed on further legislative updates
