Barry Plant Eastern Group Leading by Results With 21 Sales in 7 Days
Melbourne's housing market continues to produce strong results for most sellers despite the usual flood of late Spring listings. In the local market, we have seen a rise in buyer and seller confidence with auction results having consolidated at the highest levels since the downturn two years ago. The Barry Plant Eastern Group reported an auction success rate of 90% this weekend which is 18% above the industry average.
In the municipalities of Manningham, Whitehorse, Nillumbik and Banyule buyers are competing furiously to secure the keys to an early Christmas present before the market closes for the festive period.
So what does this mean? As many of our vendors can attest, utilising a local, experienced and award-winning team is crucial to ensuring a premium result. This correlates to the Barry Plant Eastern group meeting more buyers, many of whom are keen to move swiftly on purchasing this side of the New Year.
If you've been contemplating a move, or simply want to understand how you too can take advantage of the demand in the current market and ring in the festive season with a SOLD, contact one of our team members today.
Sales from our team this week include:
2/45 Corella Court, Doncaster sold for $918,000
2/1082 Doncaster Road, Doncaster East sold for $765,000
1/4 Paul Street, Doncaster sold for $750,000
10/13-15 May Street, Doncaster East sold for $700,000
2/7 Talford Street, Doncaster East sold for $1,173,000
18 England Street, Bulleen sold for $1,886,000
6 Austin Place, Templestowe sold for $1,705,000
4/1-3 Banool Quadrant, Doncaster East sold for $895,000
14/765 Doncaster Road, Doncaster sold for $520,000
2 Gilbert Street, Bulleen sold for $1,320,000
2/5 Ashford Street, Templestowe Lower
181 Thompsons Road, Bulleen sold for $851,000
3B Moresby Avenue, Bulleen sold for $970,000
67 Ironbark Drive, Templestowe Lower sold for $1,200,000
59 Williams Road, Blackburn sold for $1,650,000
6 Martha Street, Donvale sold for $771,000
17 Gordon Grove, Montmorency sold for $870,000
25 Belinda Avenue, Research sold for $1,325,000
87b Franklin Street, Eltham sold for $919,000
8 Elmwood Rise, Eltham North sold for $1,280,000
2/29 Raglan Road, Research sold for $810,000
Enjoy the rest of your weekend! - Spiro Drossos, Director, Barry Plant Manningham, Whitehorse and Eltham