the melbourne preview february 2012

The buy,renovate andsell strategypage 3

The shape of things to comepage 7

February 2012 Issue 6REAL ESTATE PARTNERS

pr

preview February 2012

Our Cover???

Our CoverEndless Summer days

Circulation 70,000Publication enquiries:Arthur [email protected] 676 641

In this issuepg6 Property

management tip

pg8 Funtime

pg14 Market Snapshot

pr vi wHAVING A

Go online or contact your friendlyEview Sales representative to register for FREE your upcoming garage sale.

Your Eview representative will give you a call to organise at no cost:

POINTER BOARDSwith time and address displayed for your garage sale day

ELECTRONIC LISTINGS of your forthcoming garage sale on eview.com.au which receives over 12000 visitors every month!

GARAGESALE?

From the directors

contact us

Dear Reader,Welcome to our sixth edition of Preview and the fi rst edition for 2012. It was not long ago when we were all preparing for Christmas and the New Year and before you know it; we are all well and truly into 2012 with the festive season long behind us and the regular routine of day to day living back in full swing. In fact, we are almost 10% already into 2012! How time really does fl y.So as it is with this time of year, many have made their New Year’s resolutions with the fi ve most popular being 1. Spend more time with family and friends, 2. Lose weight and get fi t, 3. Quit smoking, 4. Get out of debt and 5 to get more organised!But as quickly and as committed we are when those resolutions are fi rst made, we fi nd that the motivation to stick to your personal promises begins to ween. So how do we stop this and how do we keep focussed on the goals set and our motivation high throughout the year? Simple solution is to plan for it. Set small incremental targets towards the fi nal goal and always be rewarding yourself with every small achievement. For example, as for the most popular New Year’s resolution being to spend more time with family and friends, start with the phone call. Make it a small goal to call a friend every second or third day. After doing this for two weeks, reward yourself by catching up with some friends over lunch and say after one month where you have probably spoken to approximately 10-15 people, reward yourself by a night out to a favourite restaurant. This could be with your immediate family or a group of friends. By the end of the year you would have connected with the majority of your social network, may have made new friends along the way and strengthened your relationships with the special people who are important to you. It really can’t get any better than that.As for your property goals, what have you got planned for 2012? Are you staying put, renovating or on the move? 2011 was a turbulent time in the real estate market for some, but the welcome interest rate cuts towards the end of the year was a welcome relief which fuelled a strong selling period during the fi nal month of December. We anticipate that this will continue throughout the 2012 period with a more balanced market in both selling and buying. So if you are looking to come onto the market to sell, or interested in purchasing, don’t hesitate to call one of our Sales Consultants or offi ce. It would be our privilege to help guide you through the buying or selling process and detail a timeline which will best suit your needs. At Eview, we are extremely dedicated to our profession, and will continue to do whatever it takes to provide a world class service to everyone we have the pleasure of connecting with. We hope you enjoy this edition of Preview. From all of the Eview team, we wish you and your families all the very best for 2012 and look forward to assisting you with all your real estate needs.

Web: eview.com.au

Chelsea Regional Offi ce, Sales & Rentals436 Nepean Hwy, Chelsea 3196Phone: 8773 1888 Fax: 9772 0198Email: [email protected]

Frankston Regional Offi ce, Sales & Rentals463 Nepean Hwy Frankston 3199Sales Rentals:Phone: 8781 3888 Phone: 8781 3877Fax: 9781 1547 Fax: 9781 1547Email: [email protected]: [email protected]

Narre Warren Regional Offi ce (Now open)Building 2, Ground Level 30-32 Verdun Drive, Narre Warren 3805Phone: 8794 1200

Werribee - Branch Offi ceSuite 11/2-14 Station Place, Werribee 3030Phone: 9749 8008 Fax: 9749 8002

Rosebud - Branch Offi ceShop 3, 1451 Point Nepean Road, Rosebud 3939Phone: 8781 3888 Fax: 9781 1547 Disclaimer: Eview Real Estate Partners nor any companies of the Eview group accept any form of liability, be it contractual, tortious or otherwise, for the contents of this publication or for any consequences arising from its use or any reliance placed upon it. The information, opinions and advice contained within, are of a general nature only and may not relate to or be relevant to your particular circumstances. There are many issues involved with buying and selling real estate so it is important that you get specifi c advice prior to making any decisions on your next real estate transaction. All information contained herein is gathered from sources we believe to be reliable. However we cannot guarantee its accuracty and interested persons should rely on their own enquiries. Should your home be exclusively listed with another agency, please disregard any information contained within regarding the engagement of Eview Real Estate Partners to sell your property.

REAL ESTATE PARTNERS

Frankston TyrepowerStore Manager – Chris Smith

Happy 65th Birthday to Frankston Tyrepower

Established back in 1947, Frankston Tyrepower opened its door for trade. The business was a joint venture between Les & Marg Hunter & Fred Burke. Literally, a Frankston Icon the business has stood the test of time and is still servicing loyal customers 65 years on!

Just recently, Jeff Hunter passed down the role of store manager to a long standing employee of the company, Chris Smith began his career 17 years ago and has taken on the role with a passion that is hard to beat! Chris’ long standing with the Hunter family made him the obvious choice when owner Jeff Hunter decided to retire. Together with Barry, Beth and the team, they all stand committed to great customer service and looking after the local community in all aspect of tyre requirements.

Next time you’re in the market for tyres, brakes, front-end alignment or just need some friendly professional advice, call in and say hello!

Open for trade Mon-Friday 8am – 5pm & Saturdays 8am-1pm

41 Beach St Frankston 9783-2427

In theSpotlight

Manos & Maria Findikakis Directors/Licensed Estate Agents


Property newsIDEAS TO HELP YOU WHEN YOU’RE BUYING OR SELLING

The buy, renovate and sell strategy. How does it work?

Renovating a run-down property to on sell for a profi t is many a budding property investors’ goal. But for the few successful renovating entrepreneurs, there are many more who have failed in their attempt to get the ‘formula’ right. In this Property News article, we look at the successful strategies used by property developers and highlight the most common mistakes made by the uninitiated participants.

Firstly, is renovating for you?The most important question you can ask yourself before you even start. Renovating is not for everyone. In our time poor day to day, week to week living, most buyers would prefer to purchase a home they can move into straight away. It is with this circumstance and attitude that provides the opportunity for others to capitalize on the potential to renovate a run-down home to generate a future profi t.

Adding to the appeal of renovating and unlike other investment strategies, should you renovate whilst living in the property as your primary place of residence, the ‘profi t’ gains for most individuals is tax free.

But that’s as far as the appeal should be. You need to ask yourself before venturing down the path of renovating, are you up to the job, and for that matter stress? Inevitably, experience comes from making mistakes, and with mistakes comes the risk of both time and money.

What can a cup of coffee do for you?I have a favourite saying ‘what can a business card and cup of coffee do for you?’ As it is in business and personal life, there have been many people who have travelled the road before us, and often, those people have made mistakes. The best way to avoid making those same mistakes is by simply asking someone who has already renovated themselves. Ask them out for a cup of coffee and pick their brains; it can be one of the best investments you can make!

You may want to ask them what inspired them to renovate, and what they initially did to get started. What did they set out to achieve and if they had to do it again, what would they have done differently?

Everyone’s circumstances are unique; however there will be common goals which you can draw and learn from.

Do your homework before you even look at your fi rst property.Your personality fi t will have a strong bearing on the success of your renovating project. I can’t emphasize this statement enough. Renovating is as much a personal desire as it is a fi nancial goal; the former being the most important aspect of the renovating process. Do not let your emotions overtake the commercial reality of the project. Renovating puts many pressures both personal and fi nancial; make sure that you are prepared to handle the ups and downs and that all the family members (if any) are fully committed as well.

How much time do you have? Probably one of the most underestimated components of renovating, and many people have gotten unstuck at this point. It takes time to meet up with tradespeople to arrange quotes and if you are planning on doing much of the work yourself, I can almost guarantee that most have gotten their time allocation wrong. It may sometimes pay to do extra hours at work to pay for an experienced professional to do the renovating work for you. In renovating, time does equal money!

Research the cost of renovating.You need to get an idea of how much money it will take to renovate certain components of a home such as paining, new carpets, window furnishings and renovating a bathroom and/or kitchen. Unfortunately we have all been entertained by the reality TV shows which at times have provided a false indication of what items really cost in both logistics and fi nancial terms.

Be effi cient with your time and make a short list and write down estimates; take this list with you when viewing potential properties and simply add up the cost as you are viewing.

Get the numbers right. Renovate to the current market conditions. The number one strategy employed by the professional renovator is to fi rstly get the ‘numbers’ right; everything else is secondary! You can only do this by investing a substantial amount of time on property market research to become an ‘expert’ on house ‘pricing.’ That is, what are ALL types of homes selling for in the area? They include new, established, renovated and un-renovated, and the best way of doing this is by visiting as many open homes and searching the internet for homes currently on the market, and more importantly the sale prices of the most recent sales.

Most importantly, when deciding to renovate, you will want to look at the return of investment in the ‘current’ market climate. Not trying to predict future potential growth. That is, if you were to purchase a home for $500,000 and invested a further $50,000 in renovation costs, what would that property sell for with the improvements today? The best way of fi nding out is by researching properties which have recently sold with similar features to the features you will be changing. Therefore, if your researched showed a comparable home sold for $550,000 or possibly slightly less, then the idea to renovate may not be that appealing. If you were to hold onto the property long-term, then yes, you have not overcapitalized but in reality, all you have done is made your home more comfortable to live in. There is no real ‘gain’ in house value other than what you tipped into it.

On the other hand, should a comparable property have sold for say $650,000 then this is certainly a well worth investment. The added bonus to this scenario is that any future growth to the property would be refl ected at the $650,000 mark, not the total cost of purchase and renovation being $550,000. Besides the tangible benefi t of unleashing personal creativity, the net equity growth on the property should be the ultimate goal of any potential renovator.

Get started!Becoming a property investor and renovator fi rstly starts by making a ‘promise’ to yourself and setting a goal. However, just like a New Year’s resolution, you need to get started by taking action and keeping motivated! Believe it or not, this is where most people actually start and fi nish! The rewards are there for those who push through and commit the time and effort to doing the research and work involved in home renovating.

So start preparing and set yourself a challenge, and as always, seek the advice of your local Eview agent; we are more than happy to share our knowledge and expertise to help people make the right decisions when it comes to their real estate goals.

We look forward in being of assistance.

Manos FindikakisDirector,Licensed Estate Agents


residential To view our entire rangego to eview.com.au

Chelsea $459,000

5/57-59 Golden AveA contemporary hideawaySpacious quality meets stylish seclusion in this rear three bedroom 2.5 bathroom single level family townhouse. This tastefully appointed residence has a large north facing light fi lled open plan living, meals and Emporite kitchen. This stone drenched abode is fi tted out with stainless steel appliances and features hardwood timber fl oors.

visit: eview.com.au for inspection details2 13

Cranbourne $269.000

35 Hotham StreetPriced Reduced, Vendor Says Sell!It’s not often in this market that Vendors offer a great home with a realistic price as well. So don’t waste any time... inspect this property! Set in a convenient position close to shops, schools & transport and presented perfectly, this property comprises of 3 bedrooms plus tidy bungalow/4th bedroom or offi ce - all with built in robes.

visit: eview.com.au for inspection details1 -4

Edithvale $480,000 - $520,000

1/69 Lochiel AvenuePrivate, peaceful and positionedUPSIZE, DOWNSIZE Offering a beach lifestyle located at the gateway to the Peninsula or leave your car at home and take the train to the CBD. Positioned in a quiet street this bright, spacious and ready to occupy immaculately maintained 3 bedroom (BIRs) house boasts wonderful courtyard with its own decked verandah and central bathroom.


Frankston Neg over $319,000

25 Benanee AvenueLooking for value for money?Attention fi rst home buyers and investors; looking for a home that ticks all the boxes and at a great price? Then look no further than this 3 bed, 2 bath, double lockup garage home. Features include: 3 bedrooms inclusive of master with walk-in dressing room and full ensuite. Updated kitchen with stainless steel appliances and dishwasher.


Chelsea $500,000 - $550,000

10/57-59 Golden AveAwesome TownhouseThis cleverly designed contemporary four bedroom town house exudes style, fl air and is situated in a fantastic position. It is kitted out with the fi nest of fi xtures and fi ttings, is nearly new and built just for you. Suited to the modern way of life this never lived in abode sits within easy reach to Sporting Clubs, recreational Parks and shopping strips.


Dandenong $330,000 - $350,000

2/6 Masters StreetHow good is this!!Ideally situated within walking distance to all the amenities that Dandenong has to offer. This attractive light fi lled open planned 2 bedroom single level residence is more like a house than a unit, with an attractive layout and quality appointments for lifestyle excellence.


Frankston $340,000 - $370,000

7/25-27 Ashleigh AvenueBrand new front townhouseThis spacious new townhouse will surprise you from the very fi rst view. Situated at the front of the group with an imposing portico entrance and boasting huge living this is a rare fi nd for townhouse buyers. Featuring 2 great sized bedrooms, master with walk in robe, a stunning modern bathroom and a designed kitchen with stainless steel appliances.

visit: eview.com.au for inspection details1 12 Andrew Melas

0409 920 917

Frankston $475,000 - $510,000

11a Bayiew RoadVersatile Family HomeThis substantial, rendered brick family home of 4 bedrooms plus study, is set on a generous block of approx 650sqm, and only a short walk to Frankston High School and Overport Primary School. Comprises: front verandah featuring slate, enticing entrance hall, large lounge/dining room adjoining new kitchen and family bathroom.


Noel Susay0450 069 506


Joe Viglione 0407 260 733

Aviva Wolf0433 923 332

Simone Chin 0403 857 266

Maryanne Cardillo0418 948 287

Peter Syle 0409 722 505



Frankston Offers invited over $300,000

16 Coprosma AvenueIdeal fi rst home!A genuine sale has placed this once loved family home on the market, well cared for over the years and representing great value, this home will be snapped up quickly! Featuring: - 3 bedrooms, master with dbl BIRs - Updated kitchen with gas cooking - Good sized family room - Gas wall heating & wall A/C - Central bathroom.


Frankston $330,000 - $360,000

14 Dunsterville CrescentMake your move nowThis home on a prime 600 sqm block has attractive street appeal with lovingly prepared low maintenance gardens at the front of the home and in the back yard,is positioned in a popular locale, within the Prestigious Whistlestop estate. It has all the trimmings for astute home buyers & investors, with 3 good sized bedrooms, master incl ensuite.

visit: eview.com.au for inspection details2 23 Francis Walker

0410 559 454


2/11 David StreetPosition - features - as new - realsitic price = great buying!!This as new stand alone (1of just 3) townhouse/unit boasts stylish living arrangements in central Frankston for the budget conscious with fantastic presentation all-round & offers the best in modern convenience, lifestyle and low maintenance. Generous living arrangements, light & airy, it boasts all the mod cons with a northerly living focused design.


Frankston $469,000

Unit 1, 35-37 Lardner RoadBrand new townhouse...THIS PROPERTY CAN BE INSPECTED AT ANY TIME! These brand new townhouses offer cosmopolitan living in an enviable location close to public transport, shops, Monash Uni & Frankston High School Zone. Fantastic presentation inside & out & spacious in size, these eye catching townhouses are loaded with great selling features.


Frankston Offers over $395,000

11 Christopher DriveAffordable entry level into Frankston SouthIf youre adding to your investment portfolio or looking for your fi rst home, this house would be ideal. It features: - 3 bedrooms with BIR - master with WIR & en suite - large living area - kitchen with all modern appliances & meals area - large paved entertaining area with built in BBQ and separate decked area.


Frankston $415,000 - $440,000

55a Dandenong RoadCentral & sensationalHere’s a great opportunity to own a single level unit only three years young. Best of all, you are just a 5 minute walk into town! Only two on the block and with a security gate for peace of mind living, this home has been well designed and generously appointed. Featuring: - 3 bedrooms all with BIRs, - Master bedroom boasting corner spa.


Frankston Offers over $520,000

12 Kensington AvenueLow maintenance & peaceful...Located in popular Tahnee Lodge Estate and sitting on approx 629sqm of land, home has all the comforts a family could need. It comprises of: - 4 bedrooms with BIR - Master with en suite and WIR - kitchen with all modern appliances and loads of cupboard space - Meals area and large family room - Separate formal lounge



98 Warrawee CircuitMake your move nowThis light and bright BV home has attractive street appeal, and is positioned in a great locale in within the ever popular Whistlestop estate. It has all the trimmings for astute fi rst home buyers & investors, with 3 bedrooms, master with full ensuite, all built in robes. There is an attractive kitchen and spacious dining/second living area.


Arthur Proios0414 676 641

George Findikakis 0418 397 268

Arthur Proios0414 676 641

David Politakis 0438 779 735



Francis Walker0410 559 454


How to get access to your deposit.Welcome to 2012 and the team at Lisa Davies & Associates Conveyancing wish you all the best into the new year. This week’s topic is about getting access to your deposit money before settlement day. It’s not as straight forward as you think and you need to be careful especially if you buying another property.

Section 27 - The Facts The process of having a deposit released prior to the settlement day is commonly call “section 27”. In most property transactions it is normal for a Purchaser to commit up to 10% of the purchase price which is known as the deposit. The concept of the deposit is to show the Vendor the Purchaser is serious about buying and they pledge a deposit to prove it.

The following information details the process and highlights an underling fact that as a Vendor you may not get the deposit released prior to settlement.

Victoria law concerning deposit releaseVictoria has strict guidelines surrounding the release of deposit money held in either the real estate agent’s or conveyancer’s trust account. The law is known as section 27 deposit release and it details the guidelines of the process on how the deposit money may be released. The deposit cannot be released just on the Vendor’s request, irrespective if the Vendor wishes to use the money to buy another property.

Frequently asked questions about deposit releaseWho gets the interest earned on the money held?The deposit money is typically held by the estate agent in a trust account. The interest earned is placed into a separate trust which is like an insurance fund. Neither your Agent, conveyancer or you can claim this interest.

What is the process for the release?Your conveyancer will prepare a section 27 statement which relates to the fi nancial position of your property. It will detail any mortgages or caveats (if any) and is in the form of a notice which is served onto the Purchaser who bought your property.

The Purchaser has 28 days to consider the section 27 statement before the deposit money can be released without objection. If the Purchaser is satisfi ed with the details in the statement then deposit maybe released to the Vendor.

If the Purchaser objects to the release of the deposit they must have reasonable grounds to do so. This objection may simply

be confi rmation of the section 27 statement details from the Vendor’s lender or there is a condition in the contract in favour of the Purchaser which also allows the Purchaser validly object to the release. If the Purchaser fails to respond to the section 27 statement within 28 days then the deposit maybe released after the 28th day from the notice being served.

What if the Vendor needs the money for a deposit to purchase another property?The deposit can only used by the Vendor once it has been released. Upon its release the Vendor then can use it for a deposit on another property or any other purpose. This can cause a great deal of stress especially if the Vendor has committed to paying a deposit under a purchase contract. Lisa Davies & Associates Conveyancing can assist clients wishing to pay a deposit on a purchase contract upon the successful release of the deposit from their sale. Most agents will understand the position these clients are in and a well drafted Special Condition could see a contract being entered into and you being able to secure your next dream property. However the offer may not be as strong in comparison to other offers with a ready cash deposit.

Why does the Purchaser need to see the details of the Vendor’s mortgage?The Purchaser needs to be assured if the deposit is released there will be suffi cient monies available to discharge the Vendors debts secured against the title at settlement. If the Vendor cannot demonstrate to the Purchaser their fi nancial position then most likely the deposit will not be released.

Can an agent write a special condition releasing the deposit monies immediately?No, a special condition cannot be used to release the deposit.

IMPORTANT THINGS TO REMEMBER ABOUT DEPOSITS • There are NO guarantees the deposit will

be released prior to settlement. Even if there is suffi cient equity in the property and the Vendor has followed the correct section 27 release process.

• Before committing to buying another property speak to Lisa Davies & Associates Conveyancing and get free advice on how structure an offer dependent on the Vendor’s sale deposit release.

Lisa Davies & Associates Conveyancing is the preferred conveyancer for Eview real estate. If you need advice or assistance with the sale or purchase of your next property call us today on 9758 7588 (7 days).

Got a questionAsk LisaBest question of the month will be publishedEmail: [email protected]

Property Management Tip #6

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Community newsTo advertise your favourite local Community Group for FREE! Contact [email protected]

On thegrapevine

The shape of things to come

GALA Registration Day 2012

Sun. 26th Feb. 10:00am – 2:00pm, Kars Street Oval, Frankston This Club is very well regarded in the local community, drawing Players from a wide area, including Frankston, Mt Eliza, Karingal, Seaford, Mornington, and elsewhere. The Club has a strong history of being welcoming to new families. Last year the Club had record membership and fielded three Under 9 teams and 13

teams to U16’s. The Club has achieved considerable ‘on-field’ success while remaining focussed on ensuring Player enjoyment and participation. Winning is not everything, and the Club takes great pride in the contribution made to the personal development of our young Players over many years. So come along for a few hours and:

Meet the Coaches, and AFL/VFL Players

FREE food & a drink for Registered Dolphins Junior Players

Footy Skills Clinics for younger kids

Apparel on sale and for pre-order/size fitting

Laser Tag and much more... Registration: Single Player $160 or Family Multiple Players $220 (includes League insurance and Club Shorts). Payments by Cheque/Cash/EFTPOS. Rego Form available on the day. Please bring copy of Birth Cert. for Players registering with any Club for the first time.

The arrival of 2012 will see some bigchanges for local communities closelyfollowing Peninsula Link construction.The fi rst of many local road bridges crossingthe freeway will be completed and opento traffi c. Bungower and Robinsons Roadsare almost ready to open, with Skye, Golf Links and Mornington-Tyabb Roads expected to be carrying traffi c by the end of summer.Even those who have taken a casualinterest in the Peninsula Link corridor willhave noticed the freeway’s fi nal shape

being sculpted from the earth. The earthworks required to create the freeway are close to complete in most locations, and two distinct carriageways and a centre median can now be seen. This has allowed road paving to commence with the placement of crushed rock layers.At the northern end of the project, bridge beams have changed the skyline acrossEastLink. The work that is happening underneath is also well advanced, which willprovide the north bound exit ramp. At the other end of the project down south in

Moorooduc, work on the realignment of Old Moorooduc Road underneath Peninsula Link continues, with traffi c due to be switched onto the new alignment before the end of the summer.As the year progresses, we’ll see more and more changes as Peninsula Link moves closer to its opening in early-2013 – and you can view all the latest progress yourself by checking out the latest photos and fl yoversat: www.linkingmelbourne.vic.gov.au.

Things are starting to change on the Peninsula thanks to rapid progress being made on the freeway construction and, as Peninsula Link News discovers, there’s plenty more progress to come

Above: Architectural features can now be seen at Robinsons Road. In a recent milestone, parapets featuring the ‘geology’ pattern were installed on the sides of the bridge.


Get to know...Francis Walker Licenced Estate AgentFra

Entering the Real Estate Industry was a natural progression having worked in sales and marketing internationally for many years. We

came to Australia around 15 years ago direct from the Middle East and

their usual hot summer to experience the inclement Melbourne weather, which was a shock to the system. Some days after arriving as my wife being from Denmark and never been to Australia before, we decided to take a drive which coincidently brought us to Frankston, and we bought a house that day and have resided here since. Being one of the founding members of Eview Real Estate has been an exhilarating experience as i have been able to incorporate my philosophy, and values that that I followed in my career, namely Accountability, Responsibility, put 110% effort in but always with integrity. On a personal note I love golf but am shocking, having played rugby for many years it is great to see Victoria now with a team, but the thing I love most is to take a drive with my wife, fi nd a winery and savour the fi ne foods and wine that we are so fortunate to have in this great part of the world.- Go The Wallabies

#6

Entries Close29th February 2012

Post your entry to: eview Funtime Colouring Competition, 463 Nepean Highway, Frankston 3199

Gift voucher

Colour me in for a chance to WIN a

Name:... .........................................................................................................................Age:...................

Address: ...................................................................................................................................................

Postcode: ................................................ Phone: .................................................................................

A. Month of the year (5)A. World’s largest continent (4)B. Public transport (3)C. Automobile (3)C. Part of a dollar (4)C. Board game (5)C. Spun by spiders (7)C. Young bear (3)E. Bird of prey (5)

ALPHA-CROSSThe fi rst letter of each answer appears next to its clue inalphabetical order. All the fi rst letters have been enteredinto the grid. Can you complete the puzzle?

ALPHA-CROSS SOLUTION

E. Direction (4)E. Number (5)E. Part of the arm (5)G. Fuel (3)R. Uncooked (3)S. Cutting tool (3)S. Female relatives (7)T. Cloth for drying (5)T. Large woody plant (4)

...Pigs can get sunburned.

...A tiger’s skin is striped like it’s fur.

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...The world’s heaviest onion weighed more that the head of a man!


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Frankston offers invited over $559,000

15 Yarram CourtTimeless BeautyAre you looking for quality? Your search ends here with this fi ve bedroom or four plus offi ce family home with bay views located in the prestigious Whistlestop Estate. This home is fastidiously maintained and the large viewing decking offers bay views and a picturesque outlook, making it the perfect place to chill out day or night.


Frankston South $910,000-$1,010,000

25 Bangalay AvenueGrand Proportions.Standing proudly on “1 acre” (approx.) at the head of a long tree lined driveway this gracious well proportioned double storey brick residence has been impressively updated and is presented to perfection. This home could easily accommodate larger families as well as those that like to entertain.


Frankston South offers over $670,000

12 Brighton StreetBrighten up your future with this solid investment & family home...On a whopping level 1360 sqm approx block in a leading position adjoining serene Sweet Water Creek Reserve/walk lies this well kept & presented charmed 1950/60s home full of interesting & unique features typical of that era with separate bungalow/workshop out back.

visit: eview.com.au for inspection details1 13 Leanne Poulton

0437 441 127

Frankston North $???

36 Brunning CrescentNeat Brick Veneer On A Corner BlockA great opportunity presents itself in this fully furnished (furniture optional) & well presented family home. Ideally suited for the fi rst home buyer as you would save $$$ on the essential costs of furnishing a home &/or the perfect and very affordable investment opportunity. *THIS PROPERTY CAN BE INSPECTED AT ANY TIME*


Frankston $299,000

28a Willis StreetWhat a Great SpotIts all about location with this weatherboard gem, situated in central frankston with Rail, shops and beach nearby. Comprising; entry, spacious lounge, two double bedrooms with robes, a large kitchen, dining room with an abundance of cupboards. Features ducted gas heating.


Frankston South $420,000-$450,000

1 Banool CourtHigh School Zoned Ready To GoNestled in a quiet court, close to all amenities and a couple minutes walk to Frankston High School is this well presented 3 bedroom home. A great family home or rental with the opportunity to build in the rear yard and reap the rewards, or even go up to a second story and capture some great views of the bay.


Frankston South $380,000 - $420,000

1/5 McComb BoulevardNeat, Sweet and Complete!We all want to enjoy an easy life where our home is our haven and where were not kept busy carrying out constant work around the house. This particular property is low maintenance all the way inside and out. Its serene and sunlight fi lled, and has an easy fl owing fl oorplan. Villa living is defi nitely the way to go!


Frankston North Auction Saturday 4-Feb-2012 @ 12:00pm

30 Coolgardie StreetNeat as a pinConveniently located within a short stroll to all essential amenities, located amongst other quality homes in a quiet tree lined side street this cement clad home is as good as they come and must be one to have on the list to inspect. 3 good sized bedrooms all with BIRs, bathroom with separate toilet, large laundry and plenty of storage


Francis Walker0410 559 454

Bill Ewing0402 829 877

Janice Dunn 0402 285 698

Stewart Montgomery 0437 090 010

David Politakis 0438 779 735

Leanne Poulton 0437 441 127

Sam Bucca0412 755 544

Badiha Cook 0438 352 456



Frankston North Auction Saturday 4-Feb-2012 @ 11:00am

22 Lehmann CrescentMust be on the listWell positioned for the family across the road from acres of park lands, sporting fi elds and swimming pool and within close proximity to all essential amenities, this neat and tidy home must be one on the list to inspect. Short Stroll to local schooling, parks, public transport and local shops


Frankston North Price: $255,000 to $280,000

1 Spruce CourtVersatile home with so many optionsA great opportunity presents itself with this great family home in a prime position.This one is sure to appeal to families with teenagers that need their own space or the professional who desires a home offi ce away from homely distractions. With a newly renovated bungalow at the rear this home offers the perfect place to run a home business or offi ce.


Langwarrin $330,000-$350,000

139 North RoadCute cottage...This fantastic home is just right for those wanting to downsize and dont want the body corps, or perhaps for those just entering the property market and located moments away from schools, shops and transport


Mornington Offers over $380,000

35/110 Bungower RoadHas to be seen to be believd - as new!This one will knock your socks off! A single story 3 bedroom townhouse with a fl exible fl oor plan to suit your life style. The master bedroom features a walk in robe and full ensuite, the third bedroom has double doors and the fl exibility to be used as a dining room or study. There are 2 living rooms, a formal lounge and a family room.


Frankston North Offers Invited Over $245,000

23 Lacenet AvenueBargain buy!... with a view!.... in great location!!!!Stop the search as this is the one and its at a price that is sure to please. Featuring: * 3 good sized bedrooms * Light Filled kitchen * Large Lounge with gas wall heater and beautiful views * Family bathroom with bath/shower & separate toilet.Stop the search as this is the one and its at a price that is sure to please!


Langwarrin $570,000-$610,000

5 Mintbush TerracePindara Beauty on a Large BlockWhen quality & size matters look no further than this beautiful family home situated on approximately 1375 sqms. This family home is situated in a quiet court & will suit a large family or the discerning buyer, with 4 generous bedrooms plus study or 5th bedroom. Be quick as this home is priced to sell.


Langwarrin $350,000 - $378,000

7 Oxley CourtA Touch of ParadiseSome homes just have that something special about them and you feel it the instant that you walk through the front door. Plenty of natural light and an outlook that makes you feel like you can relax and enjoy the peace and tranquility of being in the country as you enjoy views over the bush reserve bordering the rear boundary.


Mornington $689,000

4/729 The EsplanadePOSITION POSITION POSITION!Located just back from the Esplanade boasting close water views enjoy lazy summer days on the balcony soaking up the sun and be mesmerized by the boating activity and beach location all within minutes to Main street shops, cafes and bus stops. You will have to be quick to secure a unique property in a highly sought after Location-inspection is a must!

visit: eview.com.au for inspection details2 22 Bianca Peters

0418 319 080

Badiha Cook 0438 352 456

Nadia Monty0428 119 429

Helen Cracknell0425 407 209

Stewart Montgomery 0437 090 010

Jamie Universita 0400 572 672

Sandra Bardebes0414 707 455

Tina Melas 0409 920 918



Mornington $480,000-$510,000

4/804 Nepean HighwayHidden TreasureSituated in the prime locale of Mornington set back off Nepean Highway nestled quietly away amongst the tress within minutes to beaches, schools, bus stops and Main Street. Seize this rare opportunity to secure this single level townhouse no expense has been spared.


Mt Eliza Offers Invited Over $749,000

18 Leindan CourtPeaceful, Private and Priced To Sell!Sitting back on a peaceful 2/3 acre parcel of land located in a tranquil native bush setting, this well maintained quality home represents a great opportunity for families seeking peace and privacy. Perfect for entertaining with both formal and informal living this fi ve bedroom plus study home is sure to impress.


Patterson lakes $899,000

6 Schooner Bay DriveLuxurious Waterfront LivingImagine living in this exquisite, generously proportioned single level residence positioned right by the waters edge in the heart of Patterson Lakes. Luxuriously appointed and well cared for over the years, this family home has an appeal of its own! Boasting your very own boat mooring, offering easy access to Port Phillip Bay and delightful resort lifestyle just 32kms from Melbourne CBD.


Seaford Offers Over $360,000

236 Frankston Dandenong RoadPotential Plus!A wonderful opportunity presents itself here to get a foothold in this most sought after location. Set on a generous level corner block (on service road), of approx. 660sqm, this home offers potential to extend or subdivide (Subject To Council Approval) in the future.


Mornington $1,200,000 - $1,300,000

1/67 Nunns RoadIconic Design ArrivesTwo brand new homes of cutting edge contemporary architecture ready now.You will feel the sense of quality immediately as you enter the home; with high ceilings, generous space to all rooms and quality appointments rarely on offer.With the bonus of a park across the road providing direct beach access and Main St shops/cafes a few minutes away, what more could you ask for?


Mt Martha $1,050,000 - $1,150,000

46 Park RoadEvery Day Life is a walk in the ParkThis stunning individual design and build will captivate you. Immerse yourself into a lifestyle many can only dream about. Entertaining poolside is made so easy with a covered alfresco allowing you to take full advantage of those sultry days and balmy nights.


Rosebud $419,000 - $450,000

16 Hayes AvenueNew Kitchen Makes Entertaining a BreezeLocated less than a 10 minute walk to Rosebud’s shops & best beach, this split level, character fi lled 4 bedroom family sized home will be sure to impress. A recent renovation has seen a new kitchen, bathroom, laundry and toilet installed plus an expansive timber deck at the rear of the home. See it and you’ll want it!


Somerville offers invited over $350,000

43 Robert StreetHows This For Value!First home buyers, investors and developers pick up the phone and make the call; this is one thats defi nitely worth the look!The proximity of transport, schools and shops are all at your fi nger tips making this a real winner, you wont go wrong!


Bianca Peters 0412 929 429

Peter Juraschek0418 319 080

Janice Dunn 0402 285 698

Peter Juraschek0418 319 080

George Begala 0412 133 906

Peter Hildebrand0407 335 841

Peter Syle 0409 722 505

Sam Bucca0412 755 544


0450 069 506

Noel Susay Director - Licensed Estate Agent

[email protected]

Chelsea office: 8773 1888

0419 577 700

Cheryl Keher Owner / General Manager

[email protected]

8781 3888

protect your asset and

maximise your income..

‘your property. our responsibility.’

$0 transfer fee.

property managementBonbeach $280 per week


35/97 BroadwayThe Outlook is Bright!More like a small house than a unit, this two bedroom beauty is tucked away in a quiet pocket of a community development of townhouses.

Frankston $250 per week


3/115 Willow Road2 Bedroom Unit With Large BackyardInspect this well presented two bedroom unit nestled in the Marylands Estate. Located close to shops, transport and parks.

Jess Hopkins 0458 550 167



10 Mincha StreetRenovated 4 Bedroom Family HomeThis recently renovated family home is located within the coveted Frankston High School Zone.

Branka Jevtic 0458 550 169



127a Cranbourne RoadSpacious and SunnySituated in Langwarren is this very bright and sunny three bedroom home. Neat and tidy throughout, featuring three bedrooms, main with WIR and ensuite.



70 Brunning CrescentNeat & Tidy 3 Bedroom Home3 bedroom family home comprising: Lounge with gas space heater and air conditioner. Kitchen with separate dining area.

Cheryl Keher 0419 577 700

Bonbeach $295 per week


1/29 BroadwayTwo Bedroom Beauty!!!Situated in beautiful Bonbeach, close to shops, transport and the water, you will fi nd this two bedroom unit a great place to call home!

Edithvale $499 per week


13 Randall AvenueNewly Renovated Family HomeTastefully redecorated in serene grey tonings, this large 4 bedroom home provides ample space, inside and out!

Seaford $410 per week


4/84 Nepean HighwayCatch the Sea BreezeThis absolutely stunning, four year old townhouse, directly opposite the beach in Seaford will delight the fussiest of rental applicants!





under

applicatio

n

under

applicatio

n

Branka Jevtic 0458 550 169


EnzoRaimondo CEO REIV

An early release of deposit is sometimes possibleMany people can’t afford to buy a new home until they sell their current one. Selling and buying at the same time has its advantages yet can also be stressful, as you not only need to successfully sell but also locate and successfully purchase.

From a cash-fl ow perspective it can be diffi cult, as you need a deposit for the home that you are buying. While some people apply for a deposit bond to bridge the gap, there is also the option of applying for an early release of the deposit from the home you have just sold.

The law in Victoria, specifi cally section 27 of the Sale of Land Act, allows the seller to apply for release of the deposit before the settlement date.

It outlines a number of conditions and a mechanism for the release, including the critical condition: the purchaser must be pleased to release it.

If you believe that you are able to meet the criteria, you need to issue a notice that contains specifi c information and asks the buyer of the property to allow the release of the deposit monies. They are held in

trust by your estate agent or solicitor.

While this may sound simple, it can also take some time; in fact, it may be no quicker than waiting on the settlement date of a short settlement period.

It is important to also note that if early release is agreed to, your agent may deduct their fees at this time.

Chelsea Heights 3196Ch l

MarketSnapshot

Number of houses/units.......................................................................................1913/391House/unit sales- last 12 months .........................................................76/5

Highest price paid- last 12 months ........................................$1,925,000Lowest price paid- last 12 months .............................................$305,000

Chelsea Heights is a very affordable Bayside suburb, positioned approx. 30km south-east of Melbourne, located between the Mornington Peninsula Freeway and Chelsea. A popular area, it provides well in local services, including many sporting clubs like the Chelsea Heights Cricket & Football club. With loads of good local eateries, it provides well established surrounds only minutes from local Bayside beaches.

Prior to the 1870s, Chelsea Heights was known as the Isles of Wannarkladdin, being the only high land of the Carrum Carrum Swamp.The affordability of housing in Chelsea Heights, draws in fi rst home buyers, retirees and family’s alike. Typically the block sizes range from smaller 600m2 to ¼ acre blocks, keeping the dream of the “great Aussie backyard” alive and well!

Source: Wikkipedia, Domain.com.au

Phone: 0418 125 437www.regroupenterprises.com.au

Property Styli s t sRe Group Enterprises

Maximise the return on your home

Before

Before

After

After

For an obligation FREE assessment on how to present your property for SALE

call Kym or visit our website

Our ‘Property Makeover’ package offers you complete accessorising inside and out for that important inspection.

Our services include: Cleaning, De-clutter of space, Restyle & reinvent rooms using

existing furniture and accessories, Garden tidy and restyle, Furniture hire available, Maintenance and repairs. Anything else? Ask us...

Kym Smirnoff I m: 0418 125 437 I p: 5981 0558 www.regroupenterprises.com.au


November results December resultsTeam eview Sales Results

Street Suburb Price

Baden Powell Drive Mount Eliza $650,000

Montrose Avenue Somerville $312,000

Gattinara Drive Frankston $350,000

Cranbourne Road Langwarrin $285,000

Casuarina Drive Frankston South $490,000

Victoria Parade Frankston $400,000

Hodgins Crescent Frankston North $280,100

Serenity Drive Langwarrin $460,000

Franciscan Avenue Frankston $380,000

Charlotte Court Frankston South $443,000

Dunsterville Crescent Frankston $310,000

Holroyd Street Seaford $357,000

Woodside Avenue Frankston South $580,000

Manor Drive Frankston South $670,000

Mount Erin Crescent Frankston South $499,500

Catherine Parade Frankston $330,000

Flame Robin Drive Langwarrin $590,000

Young Street Seaford $320,000

Bartlett Street Frankston South $560,000

Isabella Crescent Frankston $380,000

Humphries Road Frankston South $548,000

Heatherton Road Noble Park $285,000

Mountain Avenue Frankston South SOLD

Roberts Street Frankston $265,000

Plantation Avenue Frankston North $237,500

Bellevue Crescent Seaford $355,500

Dunstone Drive Rosebud $375,000

Frome Avenue Frankston $365,000

Naroo Place Frankston $486,500

Yarram Court Frankston $572,000

Deakin Crescent Baxter $279,000

Glen Street Aspendale $455,000

Mount Dand Tourist Road Ferny Creek $380,000

Spinebill Court Healesville $247,000

Richardson Street Narre Warren $341,000

Turnbull Court Ringwood $300,000

Hethersett Road Sassafras $440,000

Prince Street Sassafras $512,000

Benedikt Court Scoresby $390,500

Millport Court Endeavour Hills $335,000

Song Street Narre Warren $320,000

Hopwood Court Narre Warren South $440,000

Fleetwood Drive Narre Warren $395,000

Street Suburb Price

Warrindale Close Langwarrin $353,000

Marcus Road Frankston South SOLD

Baden Powell Drive Frankston South $570,000

Nursery Avenue Frankston $430,000

Johnstone Street Seaford $381,000

Carrington Court Seaford $435,000

Willow Road Frankston $452,000

Danielle Court Langwarrin $422,500

Quarry Road Langwarrin $365,000

Beach Street Frankston $307,500

Stuart Road Tyabb $330,000

Dunstan Street Frankston South $400,500

Young Street Seaford $324,500

Palkana Street Frankston $382,000

Frances Drive Mount Martha $415,000

Giles Court Frankston South $430,000

Warbler Court Carrum Downs $350,000

Grange Road Frankston South $380,000

Lewis Street Frankston $275,000

Tooloomba Court Frankston $414,000

Jason Place Frankston $293,000

Warrenwood Place Langwarrin $315,000

Kildare Court Frankston $338,000

McKenzie Street Seaford $420,000

Claude Street Seaford $260,000

Kenilworth Avenue Frankston $287,500

Nolan Street Frankston $250,000

Hall Road Carrum Downs $285,000

Airlie Grove Seaford $441,000

Caley Street Frankston North $245,000

Bardia Avenue Seaford $275,000

Denholm Street Rosebud $455,000

Raymond Road Seaford $325,000

Cerberus Road Baxter $278,000

Highland Drive Frankston South $655,000

Nelson Street Mornington $615,000

Grange Road Frankston South $412,500

Ashleigh Avenue Frankston $298,000

Dotterel Court Chelsea Heights $420,000

Millicent Avenue Carrum $595,000

Baxter Court Chelsea $405,000

Barnes Grove Chelsea $850,000

Wilam Court Cranbourne $345,000

Trafalgar Way Cranbourne East $345,000

Phyllis Street Bayswater $375,000

Josephine Avenue Cranbourne North $315,000

Spear Court Altona $450,000

Falls Road Olinda $560,000

Laurel Lane Emerald $295,000

Harold Keys Drive Narre Warren $310,000

Josebury Road Tarneit $335,000

Khan Court Truganina $342,500


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