NEWS WINTER 2021
CELEBRATING OVER 30 YEARS OF SERVICE IN THE NORTH EASTERN SUBURBS The outlook for buying, selling and investing in 2021
Winter
Market Report W
WELCOME TO THE WINTER EDITION OF THE MORRISON KLEEMAN PROPERTY REPORT.
ith record prices being
over 700 new buyers visited our open
has shortened, with many buyers
achieved, enquiry rates
homes in April alone!
realising they need to be decisive
on properties through
the roof, unprecedented numbers of prospective buyers attending
open for inspections and frenzied bidding at auctions (and sometimes before them), any suggestion the 2021 housing market was simply enjoying a first-quarter, post-COVID burst of
Given that Easter, school holidays, and the tapering of Government assistance packages all occurred during the past quarter, experts expected prices to drop. However, the opposite occurred, as the figures below show:
and ready to bid unconditionally, and often early in the sales campaign. When the seller’s price meets the buyer’s expectations, more often than not, the property is sold! The interesting question, is that with winter, traditionally a quieter time in
Greensborough
+ 5.8%
Macleod
+17.6
next few months bring?
Eltham
+5.3
The answer to that is, “Who can tell”.
Diamond Creek
+.5%
But it seems that after all we have
Mernda/Doreen
+4.8%
been through, a chill in the air and
Rosanna
+10.7%
is increasing. The fact that clearance
Watsonia
+10.8%
rates have held at between 80 and
Viewbank
+15.1%
optimism has been well and truly laid to rest. The initial thought for higher prices was low stock…however, at Morrison Kleeman, our experience with the number of vendors going to market
85% for the previous quarter means that even the increased supply is still not keeping up with demand. In fact,
Editorial by: Brad McKenzie (Hill Street Media)
Creating the perception of low stock is the reality that time on the market
Notable Local Writer: Elizabeth Deich
the market, upon is…what will the
a drop of rain won’t be enough to dissuade buyers..so if you are ready to sell now is as good a time as any to contact your agent at Morrison Kleeman, and make the most of an amazing time!
Project Manager/ Digital Marketing Manager: Belinda Lafranchi
Copyright Morrison Kleeman – Views expressed by contributors in this publication are not necessarily endorsed by Morrison Kleeman. No responsibility is accepted by Morrison Kleeman or the editor for the accuracy of the information contained in the text and/or the advertisements. The information contained within is general in nature only and should not be relied upon. Specific professional advice should be sought if the reader intends to consider the information provided further. No reproduction or transmission is permitted without the prior written permission of Morrison Kleeman. If your property is exclusively listed with another agent, please disregard this communication.
Notable Locals PEOPLE AND PLACES OF NOTE IN THE DIAMOND VALLEY
WERE ST TRADING
T
hey say you don’t know what you’ve got until it’s gone, but in the case of Were St Trading, it was recognizing what you don’t have and creating it. After visiting, you will understand why people travel from country Victoria just to shop here. When the Costa family purchased the business seven years ago, formerly known as Montmorency Newsagent, they immediately saw the need for giftware in the area “there was nothing really around for locals to buy gifts, so we started with a small amount of giftware which took off really well” shares Jess, who works alongside her father Dino, mother Diana and brother Luke in the family business.
With the addition of giftware came an interactive social media presence, the creation of an online store, a complete internal face lift and a change of name to reflect the many services offered under the one roof including Newsagent, Post office and Tatts outlet. It is the multitude of these complementary offerings including free gift wrapping (they will even write a card and send your present off for you if you like), which have dubbed Were St Trading a unique one-stop-shop. Positioned within the heart of Montmorency Village spanning across two addresses, the vision was to create a welcoming, friendly, open plan space, where “everyone feels comfortable asking for help.” Mustread magazines sit alongside a treasure trove of thoughtfully sourced and curated giftware. Full to the brim yet free flowing. Clustered not only into categories but designed to tell visual stories making it easy to find and select just what you are looking for. The approach was simple, stock as many Australian made and owned products as possible as well as “listen to what the community wants and needs and make it easy for them to shop for the perfect gift”. Known for their extremely wide variety of gifts that cannot be found in mainstream stores and ever-changing product line, “it doesn’t matter who you are looking for, you will find something for anyone and any occasion.”
With a genuine desire to cater for everyone’s needs, Were St Trading not only has every gift recipient in mind but gift giver as well. Seen a product you would love Were St Trading to stock? Just ask! On the way to a party and need a gift? Take advantage of the wrap and go service. Know your budget but not sure what to get? Enlist the help of the team to put a custom hamper together based on the occasion or who you are buying for. “People are just so busy these days, and anything we can do to help ease any pressure is good.” With new stock arriving daily, from the classic to the quirky, for every age, stage and season, you are guaranteed to find just what you are looking for… and you can pay a bill and grab a Tatts ticket while you’re at it! Open 6 days per week 41-43 Were St, Montmorency Phone: 94358893 Email: weresttrading@hotmail.com https://weresttrading.com.au Instagram: @weresttrading Facebook: @weresttrading
Notable Locals PEOPLE AND PLACES OF NOTE IN THE DIAMOND VALLEY
WISH UPON A CUPCAKE ‘Let’s eat cake’
I
n pink neon lettering is the newest edition to light the wall of this exquisite Watsonia based cakehouse, and we couldn’t agree more. Located within a few minutes’ walk from Watsonia Train Station, Wish Upon a Cupcake offers a delectable mix of home-made treats and specialty drinks all made on the premises by owner Chantelle Hardwick and her mother Cathy. Having grown up baking and cooking, Chantelle turned her love of baking into a heart hustle ten years ago offering bespoke made-to-order homemade cupcakes. Fast forward six years and the demand for Chantelle’s mouthwatering treats along with her expanding offering, including specialty cakes, slices and biscuits, had left Chantelle in need of a bigger kitchen and a desire for a bricks and mortar offering. A space for the community to enjoy the irresistible baked goods with a cup of coffee, consult with customers on the design and flavour options for their made-toorder custom creations and provide a ready to go selection that are not only
pretty but taste amazing for those lastminute invites or events. Inspired by the look and feel of English Bakeries, the cakery is both warm and rustic. An exposed brick wall is complemented by a wood paneled counter. Cascading plants sit above country style seating. “There is a sense of calm when entering the space, a lot of people say it feels like home when they come in,” shares Chantelle. As well as the wide selection of seasonal cupcakes, handmade slices, biscuits, the infamous cakesicles (think ice cream paddle pop but with cake inside) and other sweet and savory baked goods, Chantelle’s passion for delicious flavour combinations and attention to detail extends into her beverage offerings, which includes lavender and rose lattes. Turning homegrown lemons into lemon curd, everything is baked from scratch using top-quality ingredients. Chantelle uses her own home grown produce when available, which influences the seasonal offerings and all other ingredients are fresh, “Our fruit flavoring comes from real fruit, nothing is artificial.” Seasonal specialties have developed over time; carrot cake over Easter, gingerbread cupcakes for Christmas and fruity flavours over
summer as well as the much-loved classics including red velvet, vanilla, chocolate and tiramisu. One peak through the gallery on Wish Upon a Cupcake website and social media, you can imagine the delight in the giving and receiving of each custom made-to-order cake, cupcake and cookie. “I love the challenge of a design someone has in mind…and then being able to witness their reaction when they come and collect the finished product.” Creating custom orders for every occasion, including birthdays, baby showers, weddings, engagements as well as custom logo cupcakes for corporate events, there is no end to the selection of flavors or designs to choose from. Whether you know exactly what you want or would like Chantelle to guide you through the process, each pictureperfect creation created by Wish Upon a Cupcake is here to show us, that you really can have your cake and eat it too. Cakery Open Wed – Sat 73 Devonshire Rd, Watsonia 3073 info@wishuponacupcake.com.au https://www.wishuponacupcake.com.au/ Instagram: @wishuponacupcake Facebook: @wishuponacupcake
MK Property Management Recently Leased A SELECTION OF OUR LEASED PROPERTIES
2/26 Vermont Parade, Greensborough - $490
8/14 Carnon Street, Greensborough - $545
83 Wallaroo Way, Doreen - $390
23 Hazelton Drive, Doreen - $530
43 Antoinette Boulevard, Eltham - $550
1/25 Lilian Parade, Eltham - $450
7/4-6 Binns Street, Montmorency - $440
3/35 Sherbourne Road, Briar Hill - $450
74 Meander Road, Hurstbridge - $690
BEN SEIVERS Business Development Manager 0458 800 982 bseivers@morrisonkleeman.com.au Born and bred in the Diamond Valley, Ben has been working in real estate since 2008. With a passion for real estate from a young age Ben began his real estate career in Property Management at a local office at just 18 years of age.
Ben has thoroughly enjoyed watching the local market develop over the years and is always keeping a close eye on what is progressing in the area. Priding himself on his professionalism and friendly personality Ben is always happy to assist his clients in any way possible.
If you have an investment property that Ben could assist you to manage, please don’t hesitate to contact him and find out more about the MK Difference today.
Recent Sales A SELECTION OF OUR SOLD PROPERTIES
5 Coolibah Street, Doreen - $685,000
41 Cavallo Crescent, Wallan - $920,000
7 Caltowie Court, Research - $1,255,000
18 Calendonia Drive, Eltham North - $970,000
1/22 Park West Road, Eltham - $940,000
28A Princes Street, Watsonia - $893,000
3/185 St Helena Road, Greensborough - $778,000
4A Lynwood Crescent, Lower Plenty - $823,000
1133 Arthurs Creek Road, Arthurs Creek - $1,750,000
34 Orchard Avenue, Eltham North - $1,465,000
47 Fernside Avenue, Briar Hill - $1,305,000
51 Sainsbury Ave, Greensborough - $936,000
116 Mount Pleasant Road, Eltham South - $2,820,000
242 Old Eltham Road, Lower Plenty - $965,000
4 Rusty Gate Court, Diamond Creek - $1,155,000
3 Nissoria Avenue, Mernda - $628,000
Craig Parker
Ciaran Brannigan
Rocco Montanaro
Peter Kleeman
Graham Morrison
Gayle Blackwood
Alvy Buffon
Lucas Peressini
Nick Dinakis
Sash Buncic
Scott Hardiman
James Morrison
James Bird
Luke El Moussalli
Malcolm Perkins
Marilyn McGibbon
Mark Walker
Kate Cameron
Rhys Burke
Sam Pope
Sylvia Voelker
Julie Cortese-James
Samantha Kilby
Jess McDonald
Lucy Brocksopp
Phil Di Battista
Lisa Walchhuetter
Claire Peacock
Amanda McGibbon
Belinda Lafranchi
Town Square, 20 Commercial Place ELTHAM VIC 3095 Phone 9431 2444 Fax 9431 2650
2/86 Grimshaw Street GREENSBOROUGH VIC 3088 Phone 9435 7666 Fax 9435 7677
morrisonkleeman.com.au
3/101 Hazel Glen Drive DOREEN VIC 3754 Phone 9717 8780 Fax 9717 8816