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Online bidding adding to the competition

Real estate & property news
12 March 2022
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From time to time our clients will ask us whether the additional workload we undertake to enable buyers to bid at our auctions via an inline environment as well as onsite is worth it.

Here at Barry Plant Moonee Valley we never underestimate the importance that even one extra bidder can make to our clients’ results, and this week’s results prove that with two of our auctions seeing strong competition between buyers on the ground and on the internet. The end result, of course, is better results for our clients, as our latest results confirm:

Airport West: 2/71 Bowes Avenue. With a variety of popular shopping options close by, this modern three-bedroom townhouse found new owners through competitive mid-week negotiations. The keys changed hands at $833,000.

Ascot Vale: 16/28 Leonard Crescent. Offering impressive views of the city skyline from the popular Ascot Hill building, this two-bedroom apartment changed hands during the week for $537,000.

Avondale Heights: 8 Larwood Close. Offered for sale for the first time since new, this four-bedroom family haven showed the benefits of inviting bidding from onsite and online buyers, with good competition coming from both sources. The successful sale certainly exceeded our happy vendor’s expectations.

Keilor Park: 9A Fosters Road. The rare combination of a commercial shop or office building plus a generous upstairs apartment attracted interest from a mix of investors and aspiring owner occupiers, with the sale being completed during the week.

Maribyrnong: 33 Hillside Crescent. This boutique collection of new townhouses situated a short walk from Highpoint has seen plenty of buyer activity recently, with our team negotiating two successful sales in the past two weeks. One sale was completed through a carefully targeted auction campaign, whilst the second was an off-market result utilising our extensive database of registered buyers.

Niddrie: 21 Haldane Road. This brand new four-bedroom home (pictured) built side-by-side just a short walk from the cafes and trams on Keilor Road was another to see spirited competition between onsite and online bidders. In fact the winning bidder was participating whilst attending a family function at Crown, paying $1.41 million, comfortably in excess of our happy vendor’s reserve price.

As we mentioned last week, the Autumn market in the City of Moonee Valley is looking really positive. So if you’re curious to get an obligation-free update on what your own property could achieve right now, you can give us a call this week at Barry Plant Moonee Valley on 9373 0000.


Bill Karp

Director – Barry Plant Real Estate

Essendon, Keilor East & Gladstone Park

Real estate & property news
12 March 2022
Save Article

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