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Low maintenance living continues to appeal

Real estate & property news
06 July 2024
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It seems the new financial year has kicked off in much the same vein that its predecessor finished, with strong buyer activity being noted across the City of Moonee Valley, particularly with properties that are suited to a lower maintenance lifestyle.

As we mentioned in A POST JUST A FEW WEEKS AGO, demand for townhouses has been particularly apparent recently, with sales being achieved in every price bracket from the first home buyer market to the million-dollar-plus range.

A prime example of this trend was seen in one of this week’s scheduled auctions. Situated in a select collection of brand new townhouses which share a boundary with the scenic Steel Creek Trail, the eye-catching three-bedroom, two-bathroom opportunity at 4/15 Nicholas Court in Keilor East (pictured) certainly attracted plenty of buyer interest from the moment it hit the internet.

The combination of airy ceiling heights and quality finishes, along with its close proximity to St Bernard’s College, had a number of upgrading families keen to inspect. So keen, in fact, that the SOLD sign went up prior to this week’s scheduled auction after a strong early offer of $1.051 million sealed the deal.

At the more affordable end of the market, a two-bedroom contemporary townhouse at 7/93 McNamara Avenue in Airport West achieved a very prompt response, selling more than two weeks before offers were due to close using our unique Sale by Set Date® methodology. As the address suggests, this one had easy access to the McNamara Avenue retail precinct, and attracted interest from market entrants, investors and downsizers before the contracts were inked at $540,000.

Of course, it’s not just the townhouses that are attracting interest, as evidenced by the sale of a potential-packed three-bedroom home in Tullamarine which also drew interest from multiple first home buyers before selling during the week.

From our perspective, the outlook seems very positive indeed for anyone considering selling before the traditional Spring rush starts. If you are thinking of making a move in 2024, it would be wise to get an accurate update on how much more your own property could achieve in the current market, so don’t hesitate to give our team at Barry Plant Moonee Valley a call this week on 9373 0000.

In the meantime, stay warm.

Regards,

Bill Karp

Director – Barry Plant Real Estate

Essendon, Keilor East & Gladstone Park

Real estate & property news
06 July 2024
Save Article

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