Another 100pc result despite the challenges
We all know that the latest lockdown has created some challenges for so many Melbourne residents. It’s created some challenges for the real estate industry too, but as we have said before…where there’s a will there’s a way…and we proved it again this week with every one of this week’s scheduled auctions now proudly wearing a SOLD sign on their board.
Some were sold before the day, including one that involved an online ‘bid-off’ on Thursday evening between buyers both here and living overseas that continued until close to midnight before it was resolved, whilst some were conducted online at their scheduled time on Saturday.
Here’s an outline of some of the more notable sales:
Airport West: 10 Roberts Road. The rare opportunity to purchase a one-owner three-bedroom home with parkland right next door proved to be a popular one, with this week’s online auction securing an outstanding sale at $1.242 million, well above out happy vendor’s reserve.
Essendon: 64 Market Street. Tucked behind a privacy-protecting high fence a short stroll from Buckley Park, this updated single-level home of two bedrooms and a home office gave market entrants a rare opportunity to get their foot in the door on the outskirts of the prestigious Mar Lodge Estate. An online bidding duel took the price all the way to $861,000.
Keilor East: 151 Rachelle Road. Despite the challenges of being unable to physically inspect the property, not to mention being unable to return from overseas due to the current travel restrictions, a highly motivated buyer secured this elevated four-bedroom home in an online bid-off prior to the scheduled auction for an impressive $1.013 Million.
Keilor East: 1 Outlook Court. As the address might suggest, this three-bedroom home captured a delightful city view, so it was no surprise to see this one sold well before this week’s scheduled auction. At $1.285 million, this was more than $100,000 above expectations.
Maidstone: 2/110 Ballarat Road. Enjoying dual street access and an ultra-convenient position a stone’s throw from Scovell Reserve, this neat low-maintenance two-bedroom home achieved a pleasing mid-week sale at $590,000.
Moonee Ponds: 3 Sydenham Street. The immediate appeal of a classic Victorian façade (pictured) added to the attraction of this potential-filled heritage-listed home within walking distance of the heart of Moonee Ponds. The SOLD sign went up at $1.6 million.
Niddrie: 15 Cuthbert Street. Boasting an impressive 7.1-star energy rating, and a quality finish that got a lot of buyers excited, this exquisite single-level four-bedroom home produced an outstanding online auction sale at $1.91 million. This was more than $200,000 above expectations.
With so many buyers keenly awaiting the opportunity to actually walk through the door of the properties that have hit the market in the past week or two, you can expect some frantic activity as soon as the current restrictions are lifted. So if you are considering selling and would like to ‘ride the wave’ in coming weeks, don’t hesitate to give us a call at Barry Plant Moonee Valley this week on 9373 0000.
Regards,
Bill Karp
Director – Barry Plant Real Estate
Essendon & Keilor East