Lockdown sales: Buyers snap up homes before auctions and online
Knox and Monash sellers find buyers despite many auctions postponed
With lockdown restrictions leading to postponed auctions, sellers who forged ahead found buyers easily.
Scores of Melbourne auctions set for June 5 were postponed or withdrawn as buyers could not inspect properties.
But many Barry Plant agents found success with online auctions or secured buyers before last Saturday.
Despite a drop in auction numbers on June 5, the Barry Plant network managed to achieve a 97 per cent clearance rate from 63 auctions, with results including auction listings that sold prior.
In the outer east, three online auctions delivered strong prices to sellers, with multiple buyers jumping online to place their bids.
“The bidders were mainly families attracted to this family entertainer home which has four bedrooms – two of them masters and a sensational outdoor entertainment area,” Mr Cripps said.
“Listing agent Ricko Su used his Mandarin proficiency to help some buyers who needed help with translation.”
Another battle among five bidders also drove 34 Carlisle Road, Ferntree Gully, to a $910,000 result that left the seller very happy.
And a post-auction deal saw 19 Clarke Crescent, Wantirna South, change hands above its $1-$1.1 million price guide.
Mr Cripps also sold a property sight unseen at 2/31-35 Glen Park Road, Bayswater North, soon after it was listed.
“It listed on the night the snap lockdown started and we had 45 enquiries, and sold it without the buyer making an inspection,” Mr Cripps said.
The well-presented unit with two bedrooms sold for $548,500.
In Glen Waverley, 9 Hampton Court, sold for $1.188 million – nicely beating the seller’s price expectations.
Nearby, a two-bedroom unit at 2/4 Garrisson Drive was snapped up for an undisclosed figure on June 2. It had price hopes of $800,000-$880,000.
Also selling strongly before auction was 5 Clitus Street, Glen Waverley, a dated three-bedroom home in the Brentwood Secondary College Zone. The buyer paid 1.363 million.