Woodards Ascot Vale/Carlton Market Snapshot

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Market Snapshot

April 2024

Inner North & Inner North West Edition

The Director’s Cut

The Rebound of Melbourne’s Inner-City Gems

The inner-city suburbs of Melbourne remain as dynamic as ever. Over the first quarter, our local real estate market has demonstrated moderate growth and vitality. The rise in listings and sustained buyer interest have led to an increased clearance rate, indicating a market potentially on the rebound.

Carlton North, beloved for its tree-lined streets, historic homes, and expansive Princes Park, continues to be a highlight. In January, an original, four-bedroom Edwardian home on a large parcel at 241 Amess Street sold for $1.745 million, selling well beyond expectations. Then, in March, a beautifully updated two-bedroom Victorian terrace at 281 Station Street drew 4/5 bidders and sold for $1.575 million, well above its $1.4 million guide price.

The market is poised for continued success, with a significant influx of investment properties entering the fold. This environment presents a golden opportunity for sellers to capitalise on the strong demand and achieve premium prices, particularly during the upcoming quieter winter months.

Moreover, buyer morale is building, with interest rates showing stability and potential reductions. This positive outlook is bolstering the market and encouraging more transactions. As such, we remind buyers to look to Ascot Vale, where high-quality family homes requiring no additional investment are becoming available. Take, for example, 81 Francis Street and 65 Munro Street.

“The market is poised for continued success, with a significant influx of investment properties entering the fold.”

Metro Melbourne Property Outlook

Over the last couple of years, Melbourne property buyers and sellers have, as a collective, undoubtedly felt like the annoying kid in the back of the car asking mum and dad driving in the seat in front - “Are we there yet?” The parents in this metaphor are obviously the real estate agents, the banks, and the RBA.

And that is the big question we’re all still pondering – is the Melbourne property market there yet? Or slowly getting there anyway? With each passing day in 2024, all indicators are pointing to a significance resurgence in the metropolitan market, with the next few months looking like we could realistically reach the destination.

Strong March number indicates a bumper rest of autumn and winter ahead

If the statistics are anything to go by, Melbourne is in store for a bumper rest of autumn and winter selling season.

Throughout March, the Real Estate Institute of Victoria (REIV) reported 4,085 properties auctioned, with 2,476

properties sold and only 766 passed in. 587 properties were sold prior to auction, with the clearance rate looking very strong at 78.2% throughout the month. These numbers are even more impressive with March featuring the Moomba long weekend which always disrupts weekend auction and sales, and the Easter long weekend which was earlier than previous years.

In terms of home value, Melbourne sits at a median home price of $778,882 as of March 31, which is up 3.2% over the last 12 months. While the median home price was slightly down over the first quarter, it did rise 0.27% according to PropTrack in the month of March alone. With high demand for properties and a market looking more stable by the day, confidence remains high for the next few months.

One streak ends and another one begins

The streak of RBA rate rises has ended with the hopes of a new streak potentially on the horizon. It has been since November 2023 when the RBA dragged the official cash rate up to 4.35%, but since that time there have been no rate rises as of April 2024. Even before the November hike last year, the last rise had been in June 2023. That translates to only two rates rises in the last ten months.

Mortgage payers will now hope for the start of a new streak of the cash rate remaining untouched for the foreseeable future, before the RBA is predicted to cut rates towards the end of this year and into 2025. “We have 75 basis points of rate cuts in our profile in late 2024 and a further 75 basis point of easing in the first quarter of 2025, which would

take the cash rate to 2.85 per cent,” said Gareth Aird, Commonwealth Bank of Australia’s Head of Australian Economics to the ABC recently.

With talks of the RBA holding off on cutting rates before the US Federal Reserve does (which was expected in July 2024 but has now been predicted for September 2024), Angus Coote who is the co-founder of Jamieson Coote Bonds believes the RBA could cut rates as early as August. “The US economy is not slowing as much as the rest of the world, but they do not have the benefit of the transmission mechanism of a mainly floating rate mortgage market that we have in Australia,” Mr Coote told the Australian Financial Review “Given the US exceptionalism, the RBA can definitely cut before the Fed.”

Is a change in stamp duty tax on the cards?

Speaking at the launch of the Urban Development Institute of Australia (UDIA) back towards the end of March, Victorian Treasurer Tim Pallas hinted at a major reform when it comes to stamp duty tax. Victoria is currently one of the

$928,500 Median

most expensive states for stamp duty, with buyers paying anywhere from 1.4% to 6.5% on the value of a property upon purchase.

While completely scrapping the tax is not on the cards (which he has said, if it were scrapped, would have a $30bn hit to the budget), the treasurer noted that he and the Victorian Government were very open to reform on stamp duty. “I do recognise that by removing stamp duty and stopping that one-off transaction, you liberate a lot of people to be able to move around the economy to better suit their material circumstances,” said Mr Pallas.

While the Victorian Government will consider many options, many experts say that replacing the stamp duty tax with a reformed land tax is a smart option. The Victorian Government led by Jacinta Allan have already brought in a bill (effective July 2024), which abolishes stamp duty for commercial and industrial properties, and have replaced it with a broad-based land tax. This might very well be a reform (or version of) that could be used for residential properties in the near future. We’ll have to wait and see.

Prices Houses 78% Auction Clearance $634,500 Units 30 Average Days on Market 18,144 Total Properties Sold MARCH QUARTER 2024

City of Melbourne

$1,402,500

11 Keppel Street

This immaculately presented ground-floor residence sold for $1,151,000.

REIV
Source:
67% Clearance Rate 59 Properties Sold 32 Days of Market $2,200,000 Highest Sale
Melbourne Median Houses Suburb Median Price Number of Sales % Change Days on Market Carlton $1,633,000 13 18.3 36 Docklands - 1 - 85 East Melbourne - 4 - 42 Flemington $1,106,500 18 9.1 23 Kensington $1,152,00 22 8.2 31 North Melbourne $1,140,433 10 2.7 26 Melbourne - 1 - 7 Parkville - 2 - 53 Port Melbourne $1,550,000 40 -16.2 26 Southbank - - -West Melbourne - 4 - 23 SPOTLIGHT SALE
Carlton
68% Clearance Rate 689 Properties Sold 40 Days of Market $4,480,000 Highest Sale $560,000 Melbourne Median Units MEDIAN SALE PRICE MARCH QUARTER 2024 Suburb Median Price Number of Sales % Change Days on Market Carlton $392,250 67 -4.3 41 Docklands $627,500 115 2.9 48 East Melbourne $698,000 29 -24.8 32 Flemington $405,000 22 5.2 32 Kensington $556,250 35 -4.1 34 North Melbourne $585,000 59 -4.1 34 Melbourne $490,000 269 -5.8 45 Parkville $520,000 16 1.6 49 Port Melbourne $730,500 56 -9.4 40 Southbank $595,000 137 -4.0 43 West Melbourne $559,000 29 9.1 60

City of Moonee Valley

Moonee Valley Median Houses

$1,300,000

$7,250,000

SPOTLIGHT

SALE

Blessed with splendid Edwardian features, this gorgeous 4 bedroom home sold for $1,877,000.

REIV
Source:
Suburb Median Price Number of Sales % Change Days on Market Aberfeldie $2,117,500 12 28.2 29 Airport West $1,012,500 18 5.5 24 Ascot Vale $1,446,000 28 6.1 37 Avondale Heights $1,005,000 25 6.3 29 Essendon $1,691,000 46 -5.5 32 Essendon North $1,372,500 10 - 30 Essendon West $1,420,000 9 - 55 Keilor East $967,500 40 -4.0 26 Moonee Ponds $1,630,000 24 1.9 23 Niddrie $1,234,500 14 -6.8 49 Strathmore $1,628,500 10 7.5 62 Strathmore Heights $1,050,000 7 - 27 Travancore - 4 - 24 76% Clearance Rate 264 Properties Sold 29 Days of Market
Highest Sale
19 Myrnong Crescent Ascot Vale
73% Clearance Rate 250 Properties Sold 34 Days of Market $1,850,000 Highest Sale $582,000 Moonee Valley Median Units MEDIAN SALE PRICE MARCH QUARTER 2024 Suburb Median Price Number of Sales % Change Days on Market Aberfeldie - 4 - 35 Airport West $710,000 17 7.3 48 Ascot Vale $500,000 33 -27.3 27 Avondale Heights - 6 - 123 Essendon $560,000 62 -2.2 40 Essendon North $425,000 14 0.0 50 Essendon West - 2 - 90 Keilor East $770,000 13 -15.2 62 Moonee Ponds $581,000 47 8.6 24 Niddrie $780,000 13 5.4 34 Strathmore - 5 - 76 Strathmore Heights - 2 - 51 Travancore $355,000 14 -8.0 20

City of Merri-bek

Merri-bek Median Houses

$1,514,000

$2,900,000

SPOTLIGHT

SALE

49 Amelia Street Brunswick

This bright three-storey, 3 bedroom townhouse sold for $1,135,000.

REIV
Source:
Suburb Median Price Number of Sales % Change Days on Market Brunswick $1,425,000 52 11.2 26 Brunswick East $1,397,000 1 -2.2 24 Brunswick West $1,315,000 13 -9.1 30 Coburg $1,224,500 56 -4.8 24 Coburg North $1,067,000 23 -1.7 59 Fawkner $761,000 20 -4.9 25 Glenroy $827,000 39 4.7 28 Gowanbrae - 6 - 59 Hadfield $880,000 22 -3.6 26 Oak Park $1,120,000 9 -7.3 24 Pascoe Vale $1,040,500 36 -0.9 29 Pascoe Vale South $1,280,0000 26 4.9 28 80%
Rate 291 Properties Sold 25 Days of Market
Clearance
Highest Sale
87% Clearance Rate 401 Properties Sold 28 Days of Market $1,727,000 Highest Sale $618,000 Merri-bek Median Units MEDIAN SALE PRICE MARCH QUARTER 2024 Suburb Median Price Number of Sales % Change Days on Market Brunswick $578,000 81 -2.0 32 Brunswick East $620,500 63 24.7 23 Brunswick West $469,500 51 -7.9 31 Coburg $542,500 34 -4.4 24 Coburg North $696,000 10 -13.3 27 Fawkner $615,000 16 11.8 44 Glenroy $630,000 76 4.1 29 Gowanbrae - 3 - 26 Hadfield $699,000 15 7.5 31 Oak Park $650,000 22 4.8 29 Pascoe Vale $635,000 64 -2.3 25 Pascoe Vale South $687,500 15 -0.4 32

City of Yarra

$1,550,000 Yarra Median Houses

SPOTLIGHT SALE

233 Amess Street Carlton North

Exquisitely positioned in a blueribbon Carlton North location is this spacious home, lovingly held in the one family for 3 decades.

REIV
Source:
Suburb Median Price Number of Sales % Change Days on Market Abbotsford $1,215,000 18 -5.4 25 Carlton North $1,462,500 16 3.4 24 Clifton Hill $1,525,000 11 -11.6 24 Collingwood - 6 - 38 Cremorne - 2 - 75 Fairfield $1,626,000 11 -5.5 25 Fitzroy $1,985,000 13 24.8 24 Fitzroy North $1,855,000 30 -12.2 24 Richmond Central - - -Princes Hill - 2 - 27 North Richmond - - -74% Clearance Rate 160 Properties Sold 24 Days of Market $3,640,000 Highest Sale
87% Clearance Rate 287 Properties Sold 25 Days of Market $2,195,000 Highest Sale $630,000 Yarra Median Units MEDIAN SALE PRICE MARCH QUARTER 2024 Suburb Median Price Number of Sales % Change Days on Market Abbotsford $449,000 48 -4.5 49 Carlton North - 6 - 28 Clifton Hill $936,300 13 20.0 24 Collingwood $625,000 39 -17.8 41 Cremorne $918,000 9 58.3 25 Fairfield $727,000 20 32.2 24 Fitzroy $752,200 29 -10.5 23 Fitzroy North $725,250 20 -12.6 25 Richmond Central - - -Princes Hill - 1 -North Richmond - - - -

Melbourne’s Life Beyond The CBD

Look beyond Melbourne’s energetic heart to admire a rich mosaic of neighbourhoods, each with unique character and local charm. From the leafy serenity of the East to the beachy vibes of the South, these areas provide a colourful backdrop for varied lifestyles.

Prestige and Peace of the Eastern Suburbs

Serene suburban living defines the Eastern Suburbs. Predominantly home to established families and professionals, these neighbourhoods are known for leafy streets, prestigious schools, and substantial houses. Camberwell, a prime example, is home to expansive, often heritage-listed properties enveloped by magnificent gardens. Despite its peaceful ambience, it’s just a stone’s throw from downtown Melbourne

The Vibrant North’s Bohemian Soul

The Northern Suburbs embody Melbourne’s artistic and bohemian spirit. Known for its eclectic mix of cultures, it attracts artists, musicians, and young entrepreneurs. Thornbury stands out for its vibrant high street buzzing with cafes, bars, and an alternative music scene. This suburb is a haven for those who value character and convenience, with excellent infrastructure keeping its community wellconnected.

Urban Comfort and Coastal Bliss on the South East

A sanctuary for families and professionals alike unfolds in Melbourne’s South East, an area marked by a harmonious blend of tranquillity and urban amenities. Bentleigh stands out in this enclave, boasting top-tier schools, lively cafes, lush green spaces, and beautiful homes. Here, suburban comfort meets the perks of coastal proximity and easy city access, providing residents with the best of all worlds.

Finding Paradise on the Peninsula

The Mornington Peninsula is Melbourne’s seaside escape, where natural splendour meets upscale living amidst a laid-back coastal setting. Its residents range from holidaymakers to permanent dwellers, who reside in varying properties, from grand hinterland estates to classic beach cottages. Alongside its tight-knit community and growing economy, wineries, golf courses, and hot springs complete its picture.

Revisiting Retro For Modern Homes

In today’s interior design world, the resurgence of retro styles is making its presence known. With a nod to nostalgia, homeowners and designers alike turn to the past for inspiration, weaving the enduring charm of yesteryears with the practicality of modern living.

1960s: Mix of Minimalism and Mod

The 1960s are renowned for their emphasis on clean lines, organic curves, and a harmonious blend of form and function. A time when statement lighting fixtures doubled as art pieces, and indoor plants became essential for injecting life into the home. Furniture with slender frames allowed for an airy ambience, reflecting the decade’s desire for sophistication and simplicity.

1980s: The Gloss and Glamour

Marking an experimental era where nothing was over the top, the 1980s saw interior design take a glamorous turn. Details like terrazzo flooring and mirrored surfaces became symbols of opulence. Meanwhile, the integration of technology saw sleek gadgets and entertainment systems become part of the decor, reflecting the decade’s fascination with innovation.

1970s: A Warm and Earthy Escape

Bringing with it a palette of earthy, warm tones, the 1970s saw the embrace of oranges, browns, and greens that mirrored the natural world. This period relished in rich textures, with elements like shag rugs and velvet upholstery becoming staples. The integration of rich wooden accents and the layering of different materials also ushered in cosy and inviting spaces.

1990s: Living Loudly at Home

The 1990s completely broke free from the minimalist trends of the past, steering homes towards a more playful and bold direction. Rooms came alive with an infusion of character, embracing vivid colours and graphic prints across statement wallpaper, eclectic accessories, and striking block colours. After all, this is the era when creativity and self-expression were encouraged.

Period Details to Celebrate Not Cover Up

In a rush to modernise, homeowners often overlook the inherent charm and character found in the period details of their homes. Such features are not just remains of a bygone era but are vital pieces of architectural history. Better yet, for those contemplating selling, highlighting rather than hiding these heritage hallmarks could be a pivotal attraction for buyers.

Brickwork

Period homes often boast beautiful brickwork. While issues like repointing and water damage may need addressing, there are respectful ways to maintain their original construction. The modern trend of exposed brickwork underscores the allure of such features. Designers are even seeking to replicate this “aged” look in new builds, providing all the more reason to showcase these qualities with pride.

Timber Joinery

The detailed craftsmanship found in a period home’s timber joinery, from skirting boards to fretwork, adds irreplaceable value to a home. While restoration can be time-consuming and potentially costly, the authenticity and visual appeal it adds to a property are worthwhile. These characteristics are often highlighted in the sale listings of such homes, indicating their sought-after status.

Open Fireplaces

In period homes, fireplaces are not just heating elements but are pivotal in defining the home’s architectural era with their distinct designs. Even if they are no longer in use, original fireplaces are worth preserving to become stunning room features. They offer a canvas for creativity, whether through re-tiling, applying an eye-catching paint colour, arranging decorative logs, or showcasing art or greenery.

Verandahs

Iconic to Australian homes, verandahs offer both beauty and practicality. Maintaining their original style and alignment with the local streetscape preserves the home’s historical and architectural essence. Moreover, these spaces frequently capture the imagination of potential buyers, picturing themselves enjoying leisure time in this spot. After all, what’s better than unwinding on a verandah with a cup of tea?

Property Investment Update

Despite the struggles of the last couple years when it comes to the Melbourne property market as a whole (and in some parts due to its struggles), now makes it the perfect time to get in the investing game or continue to grow your thriving property portfolio.

With growth in the median property prices in the Melbourne metropolitan areas still well behind other capital cities since COVID-19, coupled with a still soaring demand for rental properties and plenty of exciting suburbs which offer so much upside, Melbourne is poised to once one of the shining investment jewels in the Australian crown.

The rising stars of the Melbourne investment scene

Just last month, Canstar noted Melbourne as a big mover in regard to property investment, rising from 13th to equal 5th across capital and regional cities across Australia (in their Rising Stars report). The country’s leading financial comparison sites also listed ten of the rising stars in terms of suburbs to invest in the city.

Canstar noted inner city suburbs Ascot Vale and Brunswick East as standout options for investors, thanks to their proximity to transport, universities, hospitals, and Melbourne’s CBD. The vacancy rate of both Ascot Vale and Brunswick, which is 1% and 0.7% respectively, is also well below Melbourne’s average. Mitcham and Nunawading in Melbourne’s east were other suburbs of note on the list, thanks also to low vacancy rates as well as high buyer demand.

Oakleigh was another suburb on the rise according to Canstar when it comes to investing. They noted The City of Monash as one of the economic strongholds of Greater Melbourne, and the suburb’s location so close to the renowned Monash University, Monash Medical Centre, and the Victorian Heart Hospital make it very appealing. Oakleigh also enjoys major road and rail links to central Melbourne.

Median Rent Per Week Rental Yield Metro Melbourne MARCH QUARTER 2024 3.1% $550

Your opportunity to buy low and sell high!

Like virtually all capital cities in Australia, Melbourne boomed when it came to median property prices during the COVID-19 pandemic (peaking in March 2022), only to hit a rough patch with the RBA rates hikes of the second half of 2022 and for some of 2023. While most of the other cities in Australia continue to claw their way back, Melbourne has somewhat stalled with its median pricing.

Melbourne has historically always been Australia’s 2nd most expensive major city to purchase a property in (excluding Canberra), and for good reason. Many times awarded the world’s most liveable city, Melbourne offers art, culture, world-class events, and an array of sensational amenities and attractions spread out over a diverse range of appealing suburbs.

Having come back to the pack in terms of median pricing, now surely is the time to take the punt and invest in the Melbourne property market. As the tried and true saying goes, buy low and sell high!

High Street claims ‘The Coolest Street in the world’ title

If you’re an investor looking to go north, you may want to find yourself somewhere around High Street. Running through Preston, Northcote, and Thornbury, High Street was named by publication Time Out last month as the coolest street in the world, beating out Hollywood Road in Hong Kong, Consell de Cent in Barcelona, Chazwa-dori in Tokyo, and East Eleventh in the very hip Austin.

Suburbs with the highest median rent

Time Out cited food and drink options such as Casa Nata, 1800 Lasagna, and Northside Wines as what makes it such an appealing strip, as well as music venues The Northcote Social Club, Croxton Band Room, High Note, and Shotkickers.

Low vacancy rates continue on

While March did see an easing when it comes to vacancy rates, it still continues to be tough going for those wanting to secure a rental property. March saw vacancy rates in Melbourne hit 1.12%, marginally up from 1.07% in February. “High levels of migration, primarily across Australia’s capital cities, have driven increased demand for rentals, with the number of vacant homes plummeting by 58% in the cities and 47% in regional areas over the past four years,” said Anne Flaherty, Economist at PropTrack.

The continued low vacancy rates and demand for rental properties could be the reason that Melbourne’s average rental yield hit 3.57% in March, which is the highest gross yield since 2015 according to CoreLogic. With rental yields continuing on an upward trend, coupled with this high desire for rental properties, investors sentiment is only looking positive for the foreseeable future (although not as positive unfortunately if you yourself are looking for a property to rent).

Houses Ascot Vale $680 Brunswick $700 Brunswick East $700 Brunswick West $695 Carlton $680 Carlton North $750 Clifton Hill $795 Coburg $678 Coburg North $600 Collingwood $765 Essendon $690 Fitzroy $835 Fitzroy North $800 Flemington $650 Kensington $675 Maribyrnong $598 Moonee Ponds $650 North Melbourne $700 Parkville $825 West Melbourne $650
Units Ascot Vale $520 Brunswick $518 Brunswick East $520 Brunswick West $450 Carlton $550 Carlton North $520 Clifton Hill $550 Coburg $495 Coburg North $528 Collingwood $640 Essendon $450 Fitzroy $615 Fitzroy North $555 Flemington $430 Kensington $520 Maribyrnong $480 Moonee Ponds $500 North Melbourne $525 Parkville $500 West Melbourne $570

Your Bedroom

Styling For The Changing Season

As we prepare for the cooler months ahead, it is a great time to redesign your bedroom so that it is cosy, yet functional and inspiring. Well-chosen pieces and thoughtful styling are key to creating a bedroom that embraces your personality whilst providing trans-seasonal comfort.

Function First

Take pause before you begin styling to consider how you will use the space. Do you want to prop yourself up in bed to read a book or watch your favourite tv series? Or do you crave minimalism and ease with paired back, fuss free bed styling? Even the smallest of bedrooms can be broken into ‘zones’ to create areas to sleep, play, work and rest. Think about how you need the space to work.

Turn To Nature For A Theme

If you’re stuck on inspiration, an ideal place to start is by looking outside! You can’t go wrong with the colours of Mother Nature: autumnal rich tones or a sandy beach awash with sea spray. You can always incorporate a beloved theme. Think boho, Scandi, modern or beachy.

Select your core colours and build on from there. But restraint is key. Ultimately, this is a space for sleeping and too much going on can be a distraction. Use storage and shelves to hide away personal items and books, and keep the bedding comfortable and practical.

Neutral furniture is best as it won’t date quickly. Buying quality bed linen ensures that it will stand up to frequent washing and last for many years. Smaller decor pieces, artwork and wall decals can be used to add personal style and bursts of colour.

Add inspiring Layers

There are certain fabrics that aid sleep through their comforting properties. Linen and silk are two of the best fabrics in bedding as they help to regulate the body’s temperature, keeping it cool in summer and warm in winter. Natural fibres like pure wool and cotton, also ensure cosy sleep allowing air flow to circulate whilst maintaining warmth. Adding an interesting throw blanket or woollen pelt will not only elevate the styling but add additional warmth when needed through all seasons. For bed linen, cotton layers comfort even the hottest sleepers. Make it seasonal with light cotton sheeting for summer, warm flannel in the winter.

Bed Linen and Styling by Abode Living - www.abodeliving.com @abode_living. Interior Design by Wyk Architecture

Recent Sales

Carlton | 28/221 CARDIGAN STREET $772,400 January 2024 Northcote | 11/14 ALBERT STREET $770,000 2 1 1 January 2024 Avondale Heights | 35 ROGERSON STREET $825,000 January 2024 Brunswick | 49 AMELIA STREET $1,135,000 February 2024 Fitzroy North | 4 YORK PLACE $1,135,000 3 2 1 January 2024 Carlton | 11 KEPPEL STREET $1,151,000 3 1 1 February 2024 2 1 1 3 2 2 3 1 2
Ascot Vale | 19 MYRNONG CRESCENT $1,877,000 February 2024 Brunswick West | 2/17 GALTES CRESCENT $765,000 2 2 1 February 2024 Ascot Vale | 2/25-27 ELLIOTT STREET $1,125,000 3 2 2 March 2024 Fitzroy North | 30 LIVERPOOL STREET $1,300,000 3 2 1 March 2024 Ascot Vale | 28 ROTHWELL STREET $1,030,000 March 2024 Carlton North | 233 AMESS STREET Undisclosed 4 1 March 2024 3 1 2 4 2 2
Recent Sales

CEO Sleepout

Team Woodards Sleeping Out To Raise Funds

For The

Homeless

No one in Victoria should be homeless. That’s why we’re passionate about helping provide housing and support to the most vulnerable members of our community.

A percentage of every Woodards sales commission and every leasing fee is donated to our Foundation where it’s distributed to organisations who assist Victorians who are homeless.

In addition, Woodards is a proud supporter of the CEO Sleepout. The CEO Sleepout is a one-night event over one of the longest and coldest nights of the year.

In 2023, 41 principals, business partners and staff slept out on one piece of cardboard in support of those experiencing homelessness. Collectively Woodards raised over $243,000.

This year, Team Woodards will be sleeping out on 20 June. You can support Team Woodards raise funds for the homeless by donating https://www.ceosleepout.org.au/ fundraisers/woodards2024

631-633 Nicholson Street, Carlton North VIC 3054 P: 03 9344 1000 E: carlton@woodards.com.au 226 Union Road, Ascot Vale VIC 3032 P: 03 9370 0300 E: ascotvale@woodards.com.au
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