The federal election – How will it effect the property market?

Posted on 31 Jul 2013, 10:57 a.m. in Abercromby's, News

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The 2013 federal election has been a long drawn out affair with the former Gillard government calling a September 14 election more than six months ago. This long lead time seems to have mitigated any anticipated effect to the property market.
History tells us that past federal elections have seen sellers take a ‘wait and see’ approach during the usual six week campaign. As soon as an election date is called the market tends to grind to a halt as vendors exercise caution.
With the recent reinstatement of Prime Minister Rudd, it is likely that a six week property market hiatus may soon be in store with the imminent announcement of a new election date.
History also highlights that it’s not all doom and gloom. The moment the election is over, no matter the outcome, there is always a spike in sales across the board.
Each year, winter and the school holidays create a quieter environment for real estate transactions. However, through this time our team have been quietly placing a number of select homes with a superb buyer response and outstanding sales results.
A premier, premium, independent partnership driven business, Abercromby’s sets itself apart from the competition with a service that is both discreet and completely confidential.
To learn more about our exclusive, prestige offerings, please call us today on +61 3 9864 5300.

In the Press : For the young at heart

Posted on 29 Jul 2013, 11:15 a.m. in Abercromby's, Auctions, News


For Anna Young, daughter of entertainer Johnny Young, the “wow” factor was important when designing a house for her family, but so was the need to create something functional.

“We also really thought about the kids a lot in the process,” says Ms Young, who has four children under 10.

Owner of the Johnny Young Talent School in Richmond, she and her husband, builder Andrew Kenneally, bought the then “derelict” property at 24 Prentice Street in Elsternwick five years ago and overhauled it. The two-storey house has four bedrooms, living and dining areas, opening to a deck adjoining a pool. For auction on August 17 at 11.30am. Sam Goddard and Jock Langley of Abercromby’s, are quoting $1.45 million-plus.

Source : Domain

Abercromby’s is in the News… 29a Adelaide St, Armadale is featured in Saturday’s Age Domain’s Private Property:

Posted on 29 Jul 2013, 11:10 a.m. in Abercromby's, Auctions, News

Upmarket downsizing


John Simkiss – a former partner at Potter Partners and senior executive at Telstra Super – and his wife Rae are downsizing from their Armadale townhouse.

The modern two-storey house at 29a Adelaide Street features four first-floor bedrooms and multiple ground-floor living spaces, including a back family and meals area and a separate study. There’s also a double garage.

The house goes to auction on August 3 at 11.30am and Tim Derham, of Abercromby’s, is quoting $2.5 million-plus.

Source : Domain



Posted on 25 Jul 2013, 11:27 a.m. in Abercromby's, General Interest


Visit one of Stonnington’s best kept secrets this weekend. 10am to 4pm Saturday and Sunday

Northbrook and Stables
1257 High Street, Malvern
Visit the stables and Northbrook House, and access the historic collection, which includes books, journal articles, photographs, building plans, maps, subdivision plans, rate records, newspapers, research notes and general local history information.
The large, Italianate style home was designed by prominent London born architect, Charles D’Ebro.

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