Melbourne all set for the first Super Saturday of 2021
Barry Plant network ready for largest auction weekend yet
Melbourne heads into its first Super Saturday for the year, with more than 1000 auctions scheduled across the city this week.
The Barry Plant network has a whopping 72 properties up for auction on Saturday, from Moonee Ponds down to Capel Sound.
Leading the charge with eight properties across Templestowe, Doncaster and Bulleen is Barry Plant Doncaster East.
A three-bedroom house with a rare architectural style at 6 Rocklea Rd, Bulleen, will go under the hammer at 11am with a $1.75-$1.85 million price guide.
Three bidders are registered to compete for the property, including two locals, and a potential buyer from Ivanhoe who is drawn to the home’s affordability and proximity to the Austin Hospital, according to director, Mark Di Giulio.
“I expect strong bidding at the auction as there is a shortage of this type of property on the market and buyers understand the value of the suburb,” he said.
The median house price in Bulleen stands at $1.177 million, according to realestate.com.au.
Melbourne’s north and west regions dominate Barry Plant’s Saturday auction list with more than 40 houses, units and blocks of land.
Saturday is shaping up to be the strongest auction day so far this year, according to Barry Plant Taylors Lakes director, James Hatzimoisis.
“Record low interest rates, government stimulus packages and the pandemic has made people re-assess the way they live and they are now making moves,” he said.
“The market is performing solidly in the north and west with demand like we’ve never seen before.”
The office has six properties scheduled to go under the hammer on Saturday, including a four-bedroom house at 31 Peppermint Grove, Taylors Hill.
More than 50 groups inspected the home including locals wanting to stay close to family plus inner-city buyers working from home and wanting a larger property to raise their children, according to Mr Hatzimoisis.
Priced at $590,000-$640,000, eight registered bidders are expected to compete for the property at 11am.
About five second- or third-home buyers are registered to bid for 19 Warrens Brook Rd, Hillside, at noon.
Priced at $700,000-$750,000, the four-bedroom house features a large drive-through triple garage and is tucked in a family friendly location with great infrastructure, Mr Hatzimoisis said.
Barry Plant Glenroy has six properties up for auction across Glenroy, Dallas, Pascoe Vale, Broadmeadows and Hadfield, including a renovated two-bedroom villa at 1/143 Essex St, Pascoe Vale, priced at $540,000-$580,000.
About 150 groups have inspected the home, including downsizers, investors and first-home buyers attracted to the property’s size, value-for-money and location, according to auctioneer Roy Khoder.
So far, nine local and inner-city buyers have registered to bid for the property at 2pm, said Mr Khoder, who expected the property to fetch more than $600,000.
About 30 first-home buyers and developers have inspected a four-bedroom house at 9 Kennedy St, Glenroy, priced at $795,000-$835,000 and up for auction at 1pm.
Four bidders are registered to battle for the property, attracted to its size, development potential and proximity to train stations, shops and cafes, schools and sports centre, Glenroy sales consultant, Marco Sansoe said.