LATEST NEWS

Heart of St Kilda Concert - 27th June

Every year the Heart of St Kilda Concert brings the community together. 2011 is no exception, with Chisholm & Gamon once again supportng this important event for the Sacred Heart Mission.

Make sure to get your tickets to this sell-out on Monday the 27th of June at the Palais Theatre. Read more [...]

Rocking Reclink Community Cup

Do you like Elsternwick Park? Fancy community radio? Like kick to kick? Enjoy a touch of Nick Cave? Chisholm & Gamon have your Sunday sorted - hop along to the Reclink Community Cup on Sunday 26th of June 2011 at Elsternwick Park. Read more [...]

Sharkin' Around with C & G

Cue the music from Jaws - today's Chisholm & Gamon blog focuses on a recent trip to the Melbourne Aquarium undertaken by a couple of our brave team members! Read More [...]

Weird Science at Elwood College

Mad (and not-so-mad) scientists in the making have the opportunity to experiment and learn to their heart's content - Elwood College has just opened its beautiful new Science and Language Centre. Read More [...]

Is there a right time to sell?

Real estate agents have long debated and even advocated that there is a "right" season to sell property. Read more [...]

Who's Honoured in Our Community?

While the wider community is enjoying a day with family and friends to celebrate the Queen's Birthday holiday, there are some of us who are being launded in the Order of Australia awards. Today's Chisholm & Gamon blog highlights those in our local area who have been given 'the nod' for their contributions to our nation. Read More [...]

Lady Forster Kindergarten No More

Port Melbourne's Lady Forster Kindergarten has been a part of our community for 86 years. Today's Chisholm & Gamon blog looks at the origins of this important kindy, and the news of its imminent move. Read More [...]

Keeping It Roasty In Winter

With the long weekend coming up, Chisholm & Gamon encourage you to fill your winter table with locally produced roasty foods. Luckily Melbourne Food and Wine are holding a series of events called 'The Roast Collection'. Read on and get roasting [...]!

Interest Rates

Today's Chisholm and Gamon blog explores the market pressures behind the shift in buying behaviour, and why the RBA suggests another rate rise is imminent. Read More [...]  

Women: an important buyer force in the property market

Recent research indicates that more women are testing the waters of the property market on their own. Data released by RAMS Home Loans shows that more Australian women have decided to buy property by themselves in 2010 than in preceding years. Read more [...]

Gettind a deposit together

Building a deposit for a home takes discipline and hard work. Every little bit helps though, and with some short term sacrifices and effective lifestyle changes, building a deposit is achievable for most working Australians. Read more [...]

Taking It To The Street

Today's Chisholm & Gamon blog has a few tidbits to get you moving around our neighbourhood, and learning some unexpected things as you go. Read more [...]

Pets and Moving Home

Pets are an important part of many people's lives and a comforting part of our homes too. Who doesn't love coming home and hearing your pet trot towards the door to welcome you? As stressful as moving homes is for humans - don't forget to take your four-legged friends into consideration too. In today's Chisholm & Gamon Blog we discuss ways to help pets through both the process of selling your home, and moving. Read More [...] 

Energy Efficiency 6 Star Energy Ratings

Have you recently purchased a vacant block of land, or have you thoughts of demolishing a run-down home to build your dream-residence? Today's Chisholm & Gamon blog briefly discusses the statewide legislation that came into play as of May 2011, bringing all new Victorian residences and renovations into line with a 6-star energy rating. How does your new home rate? Read More [...]

Share housing benefiting potential & current property owners

The cost of being a tenant is rising at a rate unseen for some time, making saving a home deposit a challenge for many and leading others to wonder if they will be better off as a property owner. Read More [...]

The Pets Hotel

Some may think that you've gone barking mad, but if you're a Port Melbourne resident you've got a new place to leave your precious four-legged pals when you go away. Read more [...]

National Gallery of Victoria

When was the last time you popped by Melbourne's iconic gallery - the National Gallery of Victoria? Chisholm & Gamon have the perfect weekend planned for you - on Saturday the 28th and Sunday the 29th of May the NGV will be celebrating 150 years of art. Did you know that the NGV is our oldest national gallery, open since 1861? No more excuses not to go - it's free entry to celebrate this momentous cultural event. Read More [...]

Heart of St Kilda Concert

Every year the Heart of St Kilda Concert brings the community together. 2011 is no exception, with Chisholm & Gamon once again supporting this important event for the Sacred Heart Mission. Read More [...]

Eat Street 2011

Eat Street 2011 - Funny name, serious stuff. This year Chisholm & Gamon will be supporting Eat Street, held on the 21st of June at the Sofitel Melbourne on Collins. Now in its fifth year, Eat Street is a premier gourmet event presented by Victoria's best foodies from local favourite wineries and restaurants. Read More [...]

Melbourne Market Solid

The Melbourne property market remains solid this week despite some forecasts of a winter downturn. A Fitzroy North property fetched the highest house price at auction of $1.7 million over the weekend whilst a York Street, Prahran apartment sold for just under $2.5 million. Read More [...]

C&G Focus Interviews - Torsten Kasper

In the second of our 'meet the team' interviews, we focus on the Managing Director of Chisholm & Gamon, Torsten Kasper. With strong community ties in our area and a burning desire for improvement and professionalism in the Real Estate industry, Torsten is the driver of the Chisholm & Gamon family. Find out more about his influences and passions [...]

Expert claimed property market not oversupplied

The Australian housing market is not experiencing a shortage and rising interest rates will keep a lid on any further price growth, one property expert has warned. Read More [...]

Stamp duty cuts for some property buyers

First home buyers, eligible pensioners and farmers are set to start receiving the 50% reduction in the stamp duty they pay when purchasing a home. The cuts are part of the state government's election promise made last November and are due to take effect from July 1. Read More [...]

The Sacred Heart Mission

Chisholm & Gamon have a long-standing relationship supporting an important pillar in our community - the Sacred Heart Mission. Today's blog focuses on a new drive supporting their Op Shops. Read More [...]

New Series - C&G Focus Interviews - Sam Gamon

This is the first in our series of C&G Focus Interviews, with Director and Auctioneer Sam Gamon our premiere interviewee. Get to know our friendly team better, and find out what creates the fire in our bellies. Read More [...]

Struggling with mortgage repayments? Make a plan

The rising cost of living, higher interest rates and the financial stretch to buy a home in the first place are believed to be behind a surprise spike in mortgage arrears in the last quarter of 2010. With the mortgage stress expected to have continued in the past three months, borrowers are being advised to seek help quickly if they start to fall behind on their repayments. Read More [...]

September 2010

Rates & The Election

The RBA kept the cash rate at 4.5%, against the backdrop of annual growth surging to 3.3% and inflation resting at 3.1%.The RBA Governor, Mr Glenn Stevens said in a statement 'With growth in the near term likely to be close to trend, inflation close to target and with the global outlook remaining somewhat uncertain, the Board judged this setting of monetary policy to be appropriate for the time being. This is the 4th consecutive month where rates have remained the same.  It appears home buyers and investors alike can look forward to some stable times in the upcoming months

The electorate has been delivered a centre-left Labor government after two key independent MP's, Tony Windsor and Robert Oakeshott said they would support the incumbent Labor government following 17 days of deadlock after the August 21st election. The RBA said current lending rates were at average levels of the past 10 years. Addressing the global economy, Mr Stevens said that while growth was above trend to mid-2010, it would probably ease back over the coming year as China moderated and prospects for Europe slowed.

The bank said underlying inflation was likely to be in the top half of its 2 -3% comfort zone until mid-2011 but analysts said the RBA was in no hurry to raise rates. CommSec's economist Savanth Sebastian was quoted, 'I think it is a clear sign that the RBA is attempting to add a level of stability and certainty to the economy in the hope that it will spur activity'.

Spring Selling

While the approaching spring selling period typically attracts the greatest number of property listings, research from RP Data shows that March is the busiest month for house and unit sales nationally. They say despite March being the busiest for sales, the results show there is minimal fluctuation in activity except when volume lowers in the December/January xmas period. Once everything starts to settle down after year-end festive periods, the attention turns back to the property market, resulting in strong sales volumes during  February and March


The research found that Spring is actually the 2nd busiest season for purchasers with Autumn attracting 26.6% of all sales compared with 25.4% in Spring, 25.3% in Winter and 22.7% during Summer. These statistics show that ultimately buyers are busy for most of the year and traditional seasons no longer exist with only a 1 percent differential in buyer demand for the seasons of autumn, winter and spring.

Are you ready to invest? Property vs Shares?

Positives – stable, manageable, easy to add value through renovation, tax advantaged, less volatility, higher gearing ratios
Negatives – less liquid, ties up equity and capital, subject to tenant abuse and potential loss of value, larger sums required

Shares

Positives – liquid, ability to diversify, can invest through a managed fund allowing experts to oversee, can invest with lower dollar amounts

Negatives – highly volatile, considerable loses can occur, less control, harder to gear, poor company performance effects share value

Our recent sales have shown that whilst there are fewer buyers those vendors that are presenting their homes well and applying accurate value expectation are achieving excellent results

There is increased confidence in buyer enquiry now that the election has been resolved and the internet and call rate has lifted

Here are some of our recent sales from the last few weeks

8/63 Ormond esplanade Elwood $563000

23 Leslie street Stkilda East  $6330000

1/2 Avoca Elwood -undisclosed

8/15 Foam street Elwood-$545000

6/83 Barkly street Stkilda

27 Dunstan pde Port Melbourne $770000

12/1 Graham street Port Melbourne $670000

5/14 Shelley street Elwood $582500

2/42 Ruskin street Elwood undisclosed

203/122 Ormond rd Elwood $630000

1/56 Carlisle Stkilda $300000

4/83 Pickles street Port Melbourne $620000

3/21 Kingsley street Elwood $610000

368 Williamstown rd Port Melbourne undisclosed

1/199 Ormond rd Elwood $505000

833/1 Esplanade Port Melbourne $688000

2e Wilton grv Elwood undisclosed

2/481 Stkilda street Elwood $1020000

17 Balston street Balaclava $1010000

FOR ALL YOUR PROPERTY NEEDS PLEASE DO NOT HESITATE TO CALL OUR FRIENDLY TEAM AT EITHER THE ELWOOD OFFICE ON 9531 1245 OR PORT MELBOURNE ON 9646 4444

SELLING AND LEASING BAYSIDE AND BEYOND

 

 

Archives:

ABS Confirm Strong Melbourne Housing Market

Housing market on the comeback

Supply and demand in your favour in Autumn?

Property on track for recovery

Newsletter issue 1, 2008

Newsletter issue 4, 2007

Newsletter issue 3, 2007

Newsletter issue 2, 2007

Newsletter issue 1, 2007