Chat with us, powered by LiveChat‘More bang for the buck’ in Doreen and Mernda

‘More bang for the buck’ in Doreen and Mernda

Buyers flock to Laurimar and Mitchell’s Run estates

Family friendly precincts in Doreen and Mernda have performed well in 2021, driven by buyers seeking affordability and lifestyle.

Both suburbs have delivered outstanding sales results, according to Barry Plant Doreen-Mernda director John Heath.

“We have seen the strongest market for quite some time and a record few months,” he said.

Those attracted to affordable homes in serene park-style settings have flocked to Mernda, which has a median house price of $610,000, and Doreen with a $660,000 median.

“There is a mixed bag of buyers, from young families to empty nesters, getting more bang for their buck in Doreen and Mernda,” Mr Heath said.

“They are buying newer, larger homes near beautiful parks, quality schools, Laurimar Town Centre, and the near new Mernda railway station, which is a big game changer.”

Doreen’s Laurimar and Mitchell’s Run estates are property hotspots, according to Mr Heath.

“These estates, especially the original pockets, are beautifully laid out and the houses are spaced well apart,” he said.

A four-bedroom house on a large 2850sq m lifestyle block at 8 Holstein Place, Doreen, in Mitchell’s Run Estate, was recently snapped up before auction for $1.45 million. A family from Diamond Creek paid significantly above the owner’s expectations for the home.

In Laurimar Estate, a four-bedroom house at 22 Spoonbill Street, Doreen, also sold before auction for $825,000, also above expectations.

“We had four offers on this property and in the end, a family buying for their elderly mother won the keys to the home,” Mr Heath said.

In Mernda, a young family splashed $1 million for a five-bedroom house at 32 Henrietta Avenue.

“This was a great price for a large double-storey house with multiple living zones and top-class features and fittings,” Mr Heath said.

Properties currently listed for sale by Barry Plant Doreen-Mernda are attracting all types of buyers, including 1 Clancy Way, Doreen.

Priced at $480,000-$520,000, the modern three-bedroom house on a low-maintenance block near cafes, bus services and train station is drawing strong interest from first-home buyers, investors and downsizers.

Those wanting a larger home with all the bells and whistles are eyeing the six-bedroom house at 64 Warrawong Circuit, Doreen, in the prized Laurimar Estate.

Priced at $890,000-$930,000, the entertainer’s paradise features a fabulous games room with a built-in television and bar, plus an all-weather alfresco zone with an outdoor kitchen and fire pit.

In Mernda, the ex-display home listed at 19 Riberry Crescent comes with four bedrooms, multiple living zones and stylish features.

Priced at $760,000-$810,000, it is attracting families who love to entertain.

Mr Heath expects the market in Doreen and Mernda to continue to grow in the coming months.

“Listing numbers should increase towards the end of winter and the start of spring to satisfy the demand,” he said.