Time Doesn't Stand Still - Nor Will The Property Market
Buyers who are sitting and waiting for a swing in the property market could be waiting for some time with prices continuing to rise week in week out. This confidence has seen a continued increase in buyer numbers at open for inspections across the Eastern corridor of Whitehorse, Manningham, Nillumbik and Banyule.
This was highlighted at today's auction of 10 Ross Street, Doncaster East which lasted over 1 hour, seeing 8 keen buyers not ready to give away the keys to their dream home. This long, but fast-paced and intense bidding sequence resulted in a fantastic result well above our vendors' expectations. Don't be fooled that this is a one-off scenario as we are seeing this across the board and foresee it to sustain for the remainder of the Spring selling season.
Now is the time to take action whether you're looking to buy or sell, speak to one of our team members today.
Sales from our team this week include:
30 Cerberus Street, Donvale sold for $982,500
9 Silvana Court, Doncaster East sold for $1,080,000
5/420 Church Road, Templestowe sold for $676,000
10 Ross Street, Doncaster East sold for $1,300,000
41 Warringal Road, Bulleen sold for $1,360,000
15 Hazel Drive, Templestowe Lower sold for $1,300,000
17 Hazel Drive, Templestowe Lower sold for $1,300,000
32 Manningham Road, Bulleen sold for $1,080,000
18 Ironbark Drive, Templestowe Lower sold for $1,270,000
6/1320 Main Road, Eltham sold for $690,000
57 Kalbar Road, Eltham sold for $1,170,000
7 Goodlet Place, Eltham sold for $840,000
2/68 Henry Street, Eltham sold for $802,000
1/29 Para Road, Lower Plenty sold for $920,000
26-28 Rainbow Valley Road, Park Orchards sold for $1,960,000
8 Longstaff Court, Vermont sold for $1,375,000
Currently Under Offer:
2/363 Belmore Road, Balwyn North
Enjoy the rest of your weekend! - Spiro Drossos, Director, Barry Plant Manningham, Whitehorse and Eltham