What was really interesting was, whilst this week’s sales covered the widest spectrum of price points starting in the sub $400,000 bracket, activity at the top end of the market was particularly strong, with two sales being negotiated in the range between $3.5 and $4 million! And all this while our team works remotely as Melbourne endures another lockdown.

Among the more notable recent results were:

Essendon: 4/18 Lawson Street. As we mentioned last week, this brand new three-bedroom townhouse was sold prior to this week’s scheduled auction, achieving $1.21 million.

Gladstone Park: 1/91 Carrick Drive. This brand new two-bedroom townhouse drew interest from buyers through each of our offices in Gladstone Park, Keilor East and Essendon, with an online auction producing an excellent sale at $641,000…well above our happy vendor’s expectations.

Keilor East: 16 Mainridge Vista. Enjoying water views in the highly regarded Valley Lake Estate, this three-bedroom contemporary style townhouse sold on Friday evening for a pleasing $700,000.

Moonee Ponds: 5/48-50 Evans Street. Strong early interest in this two-bedroom ground-floor apartment resulted in an online bid-off on Thursday evening. This produced a strong sale at $377,000 prior to this week’s scheduled auction.

Moonee Ponds: Park Street. In a result that is sure to get the locals talking, one of two side-by-side four-bedroom town residences that were yet to begin construction was sold ‘off-the-plan’ by our own Walter Mahch for a record-setting $3.55 million!

Parkville: 164 The Avenue. Designed by award-winning architects Peddle-Thorp and situated across the street from the lush greenery of Royal Park, this innovative five-bedroom contemporary showpiece was sold prior to the closing date of our Sale by Set Date® campaign, producing just under $4 million.

As I mentioned last week, results like these in the midst of lockdown restrictions, should provide local homeowners with enormous confidence when restrictions (hopefully) ease…particularly with the start of Spring just a matter of weeks away.

If you’d like a chat about how you can set tour own records in selling in 2021, feel free to give us a call at Barry Plant Moonee Valley on 9373 0000.

Best wishes,

Bill Karp

Director – Barry Plant Real Estate

Essendon, Keilor East & Gladstone Park