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Barry Plant sets two new Taylors Hill price records in one month

Corporate - Home Page
20 April 2022
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Hot auctions deliver windfalls for sellers of quality family homes

Twilight midweek auctions have delivered strong results in Melbourne’s northwest, with multiple bidders competing for quality homes.

Barry Plant Taylors Lakes smashed the Taylors Hill house price record twice in March at midweek auctions.

A four-bedroom house at 50 Cottesloe Parade sold for $1.656 million to set a new suburb record on March 30.


The result gave the owners of nine years a windfall of more than $250,000 above their $1.4 million reserve price.

Five bidders, with three more left on the sidelines, battled strongly from the opening bid of $1.2 million, agency auctioneer Andrew Koulaouzos said.

Strong buyer interest had prompted the auction to be brought forward with the stellar result proving a shock to the sellers. The stunning home with a large 510sq m build attracted a large auction crowd.

Just weeks prior, Mr Koulaouzos sold 40 Taylors Hill Boulevard for a suburb record price of $1.54 million. It also attracted multiple families to bid.


He noted that Taylors Hill homes are newer and attracted buyers looking for quality family homes.

Mr Koulaouzos also sold two more homes during the ‘Super Saturday’ auctions on April 2, where more than 1500 properties headed to auction in Victoria.

Another outstanding result for the agency was 11 Moretti Avenue, Taylors Lakes, where five bidders drove the price well above the $900,000 seller’s reserve.

The elegant three-bedroom home fetched $1.251 million with more than 100 bids made after the auction was moved inside due to the rain.

A midweek sale for 13 Drysdale Avenue in the same suburb netted a massive $1.8 million result for the large five-bedroom house on more than 1400sq m.

“Midweek auctions are working well as it allows for flexibility for buyers to attend auctions and the results are just as good as for Saturday auctions,” Mr Koulaouzos said.

A Thursday twilight auction of 52 Double Bay Drive, Taylors Hill, exceeded expectations with the gavel falling just under the $900,0000 mark.


And on April 1, in an auction brought forward due to strong interest, 5 Somers Street, Fraser Rise, a three-bedroom home on a low-maintenance block, sold for an impressive $746,000.


Meanwhile, 30 Allenby Road, Hillside, fetched $805,000. The three-bedroom house was renovated and in a family-friendly location near Copperfield College.


Corporate - Home Page
20 April 2022
Save Article

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