A big November for local home sellers

In a year that has certainly turned out more positive for the Melbourne property market than many people anticipated, it seems that November may yet prove to be the biggest month of the year for property sellers in the City of Moonee Valley and adjoining suburbs.

Hot on the heels of last weekend’s 100% auction success rate, I am pleased to report that at the time of sitting down to prepare this post that all five of this week’s auctions were successfully sold on the day, whilst a further three properties that were scheduled for auction this weekend attracted such strong interest that the vendors decided to sell early rather than wait for auction day! With mid-week negotiations also achieving their fair share of strong results, it’s been a terrific week all round for local home sellers.

Among the more notable results were:

Airport West: 37 Earl Street

This single-level four-bedroom home offered plenty of potential to value-add in the future, and attracted plenty of interest from the moment it hit the market, so it was no surprise to see the SOLD sign going up at $606,000 after three buyers made offers prior to the auction.

Airport West: 6 North Street

This delightfully original one-owner cream brick classic offered enormous possibilities for renovation or even potentially rebuilding. A successful auction campaign saw the sale completed above reserve at $861,000.

Ascot Vale: 14 Haven Crescent

Positioned within the prestigious Enclave Estate with parkland, the Maribyrnong River Trail, Highpoint shops and Maribyrnong College close by, this beautifully turned-out double-storey four-bedroom home produced an outstanding conclusion to a highly effective marketing campaign when four bidders pushed the price to $1.539 million.

Avondale Heights: 229 Military Road

Offered for sale for the first time since 1978, this well maintained three-bedroom home produced smiles all round with the auction producing an exceptional $827,000.

Essendon: 12 Roberts Street

The combination of Art Deco charm, a contemporary update and a highly regarded address added to the appeal of this elegantly extended four-bedroom family home with the extra flexibility of a separate home offices or teenager’s retreat. The fear of missing out drove some highly motivated buyers to seal the deal early, with the pre-auction sale producing $1.75 million.

Essendon: 13 Albion Street

A prime location in the Strathmore College zone with close proximity to shops, trains and parks was one of the key attractions of this unusual three-bedroom period home. This property was another example of a strong early offer convincing our vendors not to wait for auction day, with a satisfying sale being concluded during the week.

Essendon: 4/6 Braemar Street

This stylishly renovated two-bedroom villa made the most of its convenient location, with competitive bidding from four buyers producing a pleasing sale at $632,500 (pictured).

Keilor East: 33 Dinah Parade

A good example of modern townhouse living located minutes from Milleara Shops, this good looking property attracted so much interest that we could easily have sold some of its neighbours after the auction.

With results like these, it’s clear that anyone considering selling should be doing so with confidence. But time is getting tight if you want to have that SOLD sign out the front before Christmas, so give us a call this week at Barry Plant Moonee Valley on 9373 0000.

Best wishes,

Bill Karp

Director – Barry Plant Real Estate

Essendon & Keilor East