Winter sets a high standard for spring property market

Real estate & property news
26 August 2017
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The official start of what is traditionally Melbourne’s busiest time of year in the property market is now just a matter of days away. However, based on recent activity in the Preston and Northcote areas, it feels like the Spring property market has actually been up and running for several weeks.

The Winter market in 2017 has certainly been a strong one, with those vendors who were able to sell at this time of year generally achieving stronger results than many people expected.

One of the more notable results that confirms the strength of the market involved the beautifully renovated timber home in Gordon Grove which is pictured above.

Breathtaking in its beauty, flawless in its quality and superb in its location, this masterfully renovated three-bedroom residence is a celebration of timeless urban living.

Tastefully modernised throughout whilst respecting the home’s heritage, this charming family residence featured polished timber floorboards and high ceilings, alongside an imaginatively renovated bathroom with a luxurious soaker bath, his and hers floating vanity and matte black tapware. The kitchen was also a feature, with extensive stone benchtops, mirror splashbacks, an onyx sink and quality stainless steel appliances.

This property provided a timely reminder that not all buyer activity in Preston is focused on auction day. Our mid-week sale above the million-dollar mark came about through some carefully managed negotiations after the home was passed in…Yet another example of the benefits for sellers who are prepared to be a little patient rather than simply taking the highest offer on auction day.

The most important advice we can offer anyone planning on selling in the Spring property market is not to leave your run too late. We are already booking Auction campaigns for early October, so the last thing you want to be doing is missing out on the best of the early Spring property market. You can call us any time if you want to discuss the right strategy for the coming Spring market.

Real estate & property news
26 August 2017
Save Article

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