Auctions by Barry Plant offices are ramping up for the rest of summer with homes from Tootgarook to Niddrie set to go under the hammer on January 22.
Priced at $490,000-$520,000, the modern two-bedroom apartment is attracting interest from local and Melbourne buyers, according to director Craig Leo.
“The seller, who lives interstate, must sell on the day, and two bidders are already confirmed,” he said.
Opposite the beach and around the corner from restaurants and cafés, the lock-up-and-leave apartment is ideal for first-home buyers, investors, downsizers or anyone wanting a holiday pad.
“Vacation properties are in huge demand at the moment because of interstate and overseas travel restrictions,” Mr Leo said.
Holiday home hunters are keen on the three-bedroom house on 758sq m at 10 Russell Street, Tootgarook, up for auction at 11am with $900,000-$950,000 price hopes.
“This home has been popular with Melbourne-based families wanting a getaway in this coastal enclave,” Mr Leo said.
“And this renovated home within a 10-minute walk to the beach fits the bill.”
Four buyers have confirmed to bid for the well-presented house in a quiet pocket near Truemans Road Recreation Reserve and golf range.
Barry Plant Rosebud has 15 auctions scheduled from January 22 to 30, with more expected in the coming months.
“The market continues to grow in this area, though not as extreme as was in the past 12 months,” Mr Leo said.
“There are good numbers at opens, the auction clearance rate is around 90 percent and the rental market is up 30 per cent.”
“Buyer confidence is high, opens are well-attended and the market is performing well,” she said.
The agency’s first auction of the year at 16/131 Cavanagh Street, Cheltenham, will be held online at 11am and is catching the eye of first-home buyers and investors.
“The apartment attracts these buyers because of its price bracket and low-maintenance features,” Ms Sirianni said.
With price expectations around $390,000-$420,000, the renovated move-in ready two-bedroom apartment features black Japan-style floors and chic Parisian striped wallpaper.
Its proximity to Southland Shopping Centre, Bernard Street shops, Europa, recreational parks, bus services and trains add to its appeal.
In Keilor East, local buyers upsizing or downsizing are showing strong interest in the modern four-bedroom house at 7A Pennington Street, which is up for auction at 11am.
Cutting a fine figure next to Pennington Reserve, the ideal family home displaying multiple living areas and a designer kitchen is near shops, parks, schools and cafes.
“This is a unique home next door to a park and with a big backyard,” he said.
“Opens have been well attended despite a campaign split by Christmas.”
And to be auctioned at 1pm, a low-maintenance two-bedroom unit at 1/25-27 Hanson Street, Niddrie, is ideal for first-home buyers or investors.
“It offers a superb entry to the Niddrie market,” Mr Catena said.
The neat home in original condition has a private driveway, extra parking and a sunroom, and is near Steele Creek walking trails and parks, Keilor Road's trams and shops, and quality schools.