Whilst most auctions this week saw competitive bidding and results that exceeded their reserves, some went a bit beyond that with results that exceeded expectations by more than 25%! So if you thought activity in Moonee Valley would be winding down at this point of the year…think again.

Our recent results included:

Aberfeldie: 20 Combermere Street. Combining classic Art Deco features with a popular river precinct location, this charming three-bedroom home sold during the week for $1.2 million.

Aberfeldie: 29 Clifton Street. Such was the level of interest in this four-bedroom home with rare direct access through to the Maribyrnong River trails (pictured), that an early bid-off among the buyers saw this one sell for $2.261 million, (more than 25 per cent above our ecstatic vendor’s reserve)!

Ascot Vale: 10/197-199 Maribyrnong Road. This renovated two-bedroom apartment drew interest from owner-occupiers as well as investors, selling at auction for $434,000.

Avondale Heights: 25 Monte Carlo Drive. This solidly built three-bedroom home a few doors from the Reserve attracted interest in both the house and the land. Four bidders saw the gavel fall at $1.156 million, exceeding the reserve in the process.

Avondale Heights: 55 Deutscher Street. Providing access to a highly sought after pocket, this four-bedroom home with a separate home office in the backyard had three bidders taking the price beyond our vendors reserve before selling at $1.195 million.

Brunswick West: 16 Straw Street. A combined effort between ourselves and our colleagues at Barry Plant Coburg saw buyers competing early in an online bid-off. The result was a strong sale at $1.3 million.

Essendon: 6/23 Hoddle Street. It’s not often you’ll find an apartment with two bedrooms and a home office, so it was no surprise to see this one generating plenty of early interest. It sold prior to auction for an impressive $620,000.

Essendon: 1 Gordon Street. Clearly several keen buyers couldn’t wait for Saturday’s auction, with the sold sign going up late this week after an early offer of $1.28 million proved too convincing for our vendors.

Keilor East: 156 Sterling Drive. Five bidders fought for the keys to this stylishly updated three-bedroom home backing onto Brimbank Park. The eventual sale price of $870,000 certainly exceeded expectations.

Keilor East: 19 Shelley Street. Potential was the word on everyone’s lips at the auction of this three0bedroom home on 634sqm of possibilities. The contracts were inked at $1.06 million.

Moonee Ponds: 1/43 Buckley Street. With a private courtyard enhancing a compact one-bedroom floorplan, this ground floor apartment attracted good interest before selling for $390,000.

Moonee Ponds: 24 Learmonth Street. This charming two-bedroom period home was another to achieve an outstanding sale prior to this week’s scheduled auction.

Don’t forget, if you are considering making a move early in 2022, there’s actually quite a bit you can be doing right now to prepare. So if you’d like to have an obligation-free chat about a sale next year, don’t hesitate to give us a call at Barry Plant Moonee Valley on 9319 1700.

Cheers,

Bill Karp

Director – Barry Plant Real Estate

Keilor East, Essendon & Gladstone Park