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News Barry Plant Manningham Reports Buyer Confidence Is On The Rise!

Barry Plant Manningham Reports Buyer Confidence Is On The Rise!

A cold and wet Saturday did not stop buyers from attending today's auctions, as large crowds gathered to witness strong results across the eastern suburbs.

Buyers are back and ready to make up for lost time. There was no holding back at today's auctions with confident bidding a theme throughout the day with an average of three buyers competing at every auction.

Tim Lawless Head of research, CoreLogic Asia Pacific said this week in his LinkedIn post “Anyone looking for further evidence that demand is coming back into the housing market….check out the ABS lending indicators data for March... BOOM. The value of home lending rocketed 4.9% higher over the month, led by a 12.3% jump in first home buyer lending. Some big numbers” More evidence that buyers are re entering the market.

Please see below our impressive sales for the week

  • 5 Park Avenue, Plenty sold for $3,775,000
  • 9 Harcourt Street, Doncaster sold for $2,503,000
  • 12-14 Rosslyn Street, Blackburn South sold for $2,471,000
  • 9 McCubbin Terrace, Doncaster East sold for $1,700,000
  • 1 Epsom Court, Donvale sold for $1,680,000
  • 31 Helene Street, Bulleen sold for $1,681,000
  • 31 Ivan Street, Fitzroy North sold for $1,567,000
  • 26 Mansfield Street, Blackburn South sold for $1,490,000
  • 6 Stanlake Rise, Templestowe Lower sold for $1,450,000
  • 1/2 Lynda Court, Doncaster East sold for $1,391,000
  • 7 Oregon Drive, Donvale sold for $1,346,000
  • 3/76 Franklin Road, Doncaster East sold for $1,255,000
  • 3/24 Greendale Road, Doncaster East sold for $984,000
  • 3/1 Simla Street, Mitcham sold for $951,000
  • 4/20 Renshaw Street, Doncaster East sold for $678,500
  • 14/1042 Doncaster Road, Doncaster East sold for $370,000
  • 96 Templestowe Road, Bulleen sold!
  • 4 Forest Court, Templestowe sold!
  • 33A Gray Street, Doncaster sold!
  • 75 Maltravers Road, Ivanhoe East sold!
  • 24 Launders Avenue, Wonga Park sold!

Currently under offer and will be sold soon:

  • 2/927 Doncaster Road, Doncaster East
  • 24 Edwin Road, Templestowe
  • 23 Morang Avenue, Lower Templestowe
  • 112/5 Elgar Court, Doncaster
  • 1/22 River Street, Briar Hill
  • 12 Curnola Avenue, Doncaster
  • 3 Parklands Close, Donvale
  • 14 Parry Street, Box Hill North
  • 203/1483 Malvern Road, Glen Iris
  • 3/5-7 Arlington Street, Ringwood
  • 8 White Lodge Court, Donvale
  • 370 Porter Street, Templestowe
  • 42 Meuruka Drive, Eltham
  • 22 The Esplanade, Research
  • 142 Research-Warrandyte Road, Warrandyte North
  • 13/43 Railway Parade, Eltham

Spiro Drossos

Managing Director

Barry Plant Eastern Group

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