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News Market soars with 100% auction success

Market soars with 100% auction success

After the traditional Christmas/New Year lull at the end of every selling season, Melbourne’s property market is back into the swing of things with a high volume of new property listings in January and a strong auction month scheduled for February.

According to Domain data, Melbourne recorded its highest number of auctions for the second weekend in February as 876 homes were scheduled to be sold under the hammer, and that strong auction activity has also found its way to all four offices within our Barry Plant Eastern Group, who have hit the ground running in 2022 by replenishing the local market with a high number of new listings and with exceptional sales results.

Some of those standout results were achieved today, where a number of properties were sold to the delight of our vendors. These properties included:

  • 2 Wembley Gardens, Donvale sold for $2,280,000
  • 16 Montreal Drive, Doncaster East sold for $1,770,000
  • 4 Parkville Place, Donvale sold for $1,680,000
  • 45 Saxonwood Drive, Doncaster East sold for $1,555,000
  • 3/50 St Clems Road, Doncaster East sold for $1,122,000
  • 24 Nicholson Street, Nunawading sold for $1,295,000
  • 2/648 Elgar Road, Box Hill North sold for $1,100,000
  • 13 Gladys Street, Nunawading sold for $1,000,000
  • 14 Nokes Court, Montmorency sold for $1,360,000

Currently under offer and will be sold soon:

  • 27/78 Manningham Road, Bulleen
  • 24 Echidna Road, Eltham

The good news for vendors is that we expect the strong sales results we’ve achieved thus far in 2022 to continue well into March. So, if you’re thinking of capitalising on the favourable selling conditions, contact one of our sales professionals today for an obligation-free market appraisal.

Enjoy the rest of your weekend,

Spiro Drossos

Managing Director

Barry Plant Manningham, Whitehorse, Eltham and Ivanhoe

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