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News Strong summer auction results continue

Strong summer auction results continue

Real estate & property news
09 December 2017
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No doubt there were a few home owners who looked at the news during the week regarding more than 1700 auctions being scheduled for this weekend and were concerned that their own auction might be affected by the huge choice buyers were going to be given.

Well, the good news for clients of Barry Plant Moonee Valley is that despite the crowded market, our team was still able to achieve some truly outstanding results, with an auction success rate above 80% this week and some exceptional prices being achieved.

These included:

Aberfeldie

A vintage 2-bedroom brick home on 496sqm of land on the high side of Valencia Street certainly got the neighbourhood talking when 3 bidders took the price to $1.375 million!

Airport West

A totally transformed and beautifully finished 4-bedroom timber home framed by a picket fence in Fraser Street (pictured) produced an outstanding result in selling for $1.22 million.

Our mid-week twilight auction in El Reno Crescent was also noteworthy, with a brand new 4-bedroom home selling for $1.415 million.

Keilor East

It was a busy day for our team in Keilor East today, with three successful auctions within three hours. Among these exciting results were:

  • In Heather Avenue, a classic one-owner Clifton cream brick home on 618sqm with scope for redevelopment soared more than 10% above its reserve, selling for a remarkable $1.14 million!
  • Potential was the key word in the first of our auctions in Roberts Street, with the 3-bedroom home at No.47 selling above reserve at $1 million.
  • One hour later, a contemporary 3-bedroom executive home on a low maintenance block at 48A Roberts Street achieved an excellent sale at $900,000.

Moonee Ponds

An updated 3-bedroom home in Pattison Street, backing onto the Moonee Ponds Creek, achieved a very strong mid-week sale at $1.22 million.

Niddrie

A four-out-of-four result in Niddrie today included two sales under the hammer and two that generated such strong interest that the vendors decided to put the SOLD signs up early. These included:

  • A neat 2-bedroom villa at the rear of the block in Hotham Road saw competition between 4 bidders take the price to a very pleasing $686,500.
  • The middle townhouse in a group of three in Elstone Court was one of those that sold during the week, with the deal being inked at $650,000.
  • The first of our scheduled auctions in Shaw Street was at No.5B, where a neat 3-bedroom home on a subdivided block brought smiles all round selling during the week at $810,000.
  • Over at 15 Shaw Street, an as-new 4-bedroom executive home produced a very satisfying sale at $1.25 million.

As you can clearly see from today’s results, there is still plenty of unquenched demand from buyers for property in our part of Melbourne, which is great news for anyone considering selling early in 2018. So, if you would like to discuss the best ways to achieve a great result early next year, feel free to give us a call this week.

Real estate & property news
09 December 2017
Save Article

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