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Barry Plant Manningham Properties Sold with Success

Real estate & property news
21 July 2018
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The winter real estate market for the Barry Plant eastern group is heating up despite the cooler weather conditions. With 10 strong sales this week and more homes currently under negotiation, it is looking like another very strong month of sales for our team across the residential, rental and apartment markets.

The projects division has had an incredible week of listings and sales by securing some significant buildings for an offer and selling many apartments. The division is an emerging space in our local areas with more approved developments than ever before. We are seeing a real shift in downsizers looking for large, quality apartments and first-home buyers choosing our area as a preferred location to start their property journey with entry-level apartments starting from just $450,000.

Our prestige property division has a large buyers list looking for acres with pools or tennis courts. The acre market is continuing its strong demand from local and overseas buyers wanting the ultimate family sanctuary.

Our Barry Plant Manningham Property Management team is taking care of almost 1,300 rental investments and has less than a 1% vacancy rate. The biggest shift we are seeing in this space is the demand for luxury executives living up to $1,000 a week in rent. The other main sector is the two and three-unit developments where one home on a larger allotment is becoming two or three units. Many developers are choosing to sell one unit and keep the other two, adding them to their investment portfolio.

If you are buying, selling, renting or looking for the right Property Manager to look after your investment portfolio please call our dedicated and committed team across our eastern group of offices.

This week's sales results include:

Currently under offer:

Real estate & property news
21 July 2018
Save Article

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