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Market kicking goals despite ‘moving goalposts’

Real estate & property news
29 May 2021
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Once again this week the residents of Melbourne were called on to make hurried changes to our plans as a result of the introduction of the latest ‘circuit-breaker’ lockdown.

For those homeowners who had planned to auction their home this weekend, it was a particularly challenging week. Some chose to bring their auction forward to beat the lockdown, some decided to postpone their auction, whilst others chose to have their auction conducted as scheduled using one of the online auction platforms.

All three of these options were adopted by different vendors across the Barry Plant network this week, but the good news is that the vast majority still managed to achieve exceptional sales results, confirming that whilst the ‘goal posts’ may keep moving in these interesting times, our commitment to exceptional results doesn’t alter.

Whilst one of our scheduled auctions this week was postponed until the current lockdown is resolved, the auction of a neat three-bedroom home in Honeysuckle Street, Frankston North (pictured) was moved forward by a few days to allow the strong buyer interest to be resolved prior to the lockdown on Thursday night. Despite all the uncertainty, seven separate buyers put forward their offers, with the resultant sale price of $581,000 exceeding our ecstatic vendor’s reserve by more than 15 per cent!

Another planned auction that sold early was an attractive single-level four-bedroom home located near Cruden Farm. Thoughtfully updated and offering a serene atmosphere, 6 Tweed Court, Langwarrin achieved a terrific mid-week sale with the contracts being inked at $805,000.

Meanwhile, over in Frankston South, a three-bedroom townhouse in Jasper Terrace, (just around the corner from Montague Park), reaped the benefit of a quiet, off-market campaign using our extensive database of registered buyers to procure a very satisfying pre-lockdown sale at $882,500.

We also saw the SOLD sign go up on a charming home in Beach Street, Frankston, where the appeal of the Frankston High School Zone added to the benefits of a convenient location.

The message this week is a simple one. Whilst the challenges of the pandemic have certainly taught us all to be flexible, and will surely continue to do so for quite some time to come, that doesn’t mean you have to put all of your plans on hold.

If you are at a stage where a change of address would make life easier, our team at Barry Plant Frankston are ready and able to assist you in realising this goal. If you’d like to chat about your options, feel free to give us a call this week on 9781 3100.

Cheers,

Barry Plant Real Estate

Frankston & Cranbourne

Real estate & property news
29 May 2021
Save Article

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