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Vendors not the only ones being blown away!
Barry Plant Sunshine  |  29 July 2017  |  Category: Market Update

Vendors not the only ones being blown away!

Well, the weather certainly had an impact on today’s activity in the property market in Melbourne’s west. We had boards being blown over, flags trying to take off, even the SOLD stickers were creating some interesting new shapes as the wind got hold of them! In fact, we were forced to conduct today’s auctions indoors, just to ensure that all the participants felt safe. But the good news was that despite the difficult conditions, our team at Barry Plant Sunshine was still able to achieve yet another 100% Auction success rate for our vendors, with every one of today’s auction reaching a terrific conclusion.

Our first auction today involved a charming 3-bedroom home in Day Street, Sunshine West (pictured), which had appeal for families, investors and developers. Strong bidding saw this one exceeding our vendors’ expectations, with a local investor placing the final bid at a highly satisfying $695,000.

Our second auction in Sunshine West saw the team move across to Hilma Street, where much of the interest was focused on an enormous allotment of 1143 sqm. Whilst much of the competition during the auction came from investors, it was interesting to see the winning bid of $760,000 being placed by a young family who were keen to move back to the area where they had grown up.

Later in the day we headed over to Ardeer to auction an elevated 3-bedroom home in Chelsey Street, with the Kororoit Creek Trails right on the doorstep. This one was sold for a very pleasing $627,000 to a couple who had flown in from interstate to bid.

The important lesson for vendors to be learned from our results today is that, as we mentioned last week, if you are planning on selling, don’t be concerned by what the weather may be doing. A motivated buyer will turn up to bid at midnight in a snow storm if that’s what they need to do to secure their chosen property!

If you’re curious about how much more your property could be worth in the current market, don’t hesitate to give us a call on 8326 8888.

Best wishes,

Jason Allen

Director

Barry Plant Sunshine

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