Local area still a hot spot for Auctions!
Whilst Auction rates across the state have been hovering around 50% recently, there are a few suburbs that are still selling well under the hammer. Doncaster East was one of the best performing suburbs in the entire country for the September 2018 quarter, with a clearance rate of 72.6% from 76 Auctions.
The trend still seems to be that the quality suburbs are performing better and many suburbs in our local areas of Manningham, Whitehorse, Nillumbik and Banyule are in high demand so are therefore outperforming most other areas in the state.
Generally, Auctions are only popular in Sydney and Melbourne. This quarter Melbourne has had 9629 auctions, despite a slight decrease on the same time last year, this number is still considerably higher than Sydney and all other capital cities in Australia and it’s likely we’ll see more and more private sales in the months to come.
If you’d like your property sold before Christmas, or would like to start planning for a 2019 sale, contact our team today for your best possible chance at achieving the right price for your property.
This week’s sales include:
- 1A Timms Place, Doncaster East sold at Auction
- 40-42 Arundel Road, Park Orchards sold for $1,650,000
- 33 Cavalier Street, Doncaster East
- 3 Harold Street, Bulleen sold for $1,265,800
- 75 Summit Drive, Bulleen sold for $1,291,888
- 134 Macedon Road, Templestowe Lower sold for $2,100,000
- 8 Jolen Court, Donvale
- 19 Lascelle Drive, Vermont
- 1/38 Cantala Drive, Doncaster
- 1/52 Thea Grove, Doncaster East
Currently under offer:
- 6 Harvell Court, Doncaster East
- 22 Browning Drive, Templestowe
- 28 Meredith Avenue, Templestowe
- 57 Deep Creek Drive, Doncaster East
- 36 Lowan Avenue, Templestowe Lower
- 364 Thompsons Road, Templestowe Lower
- 44A Hodgson Street, Templestowe Lower
- 60 Luck Street, Eltham
- 10 Rutland Avenue, Templestowe