Buyers are gathering in big numbers

There is no doubt that when the impact of the coronavirus first began to impact on our lives earlier in 2020, many people assumed that the property market around Melbourne would come to a shuddering halt.

What has been interesting is that not only have these expectations proven to be unfounded, but the underlying confidence among many home buyers has certainly exceeded many people’s expectations. In fact, if you saw the back cover of this weekend’s Realestate lift-out in the Herald-Sun, you’ll know just how much confidence there is among homebuyers, as a recent check of the Barry Plant network’s database showed that our group currently has over 820,000 buyers registered as looking for their next home!

That’s a lot of good reasons to approach the property market in the City of Brimbank if you are considering selling in the next few months!

One area that has been producing strong buyer interest recently, particularly from young families, is Kealba. A prime example of this was the recent sale of a four-bedroom home in Boyd Court (pictured). Features that drew positive comments from buyers included the updated kitchen with a huge stainless-steel cooker, and the extra flexibility provided by a separate rumpus room and undercover outdoor entertaining area. Competitive interest saw the sold sticker go up at a very satisfying $600,000.

Another market segment that is attracting strong interest is the vacant land market, with many buyers keen to take advantage of the Government’s HomeBuilder incentives.

As you can see from the results above, and those our team has been achieving over the past few months, there are many different ways to approach selling in the current market, and all of them can be effective if you have the right advice and strategy from the start. So if you need any assistance in planning your next move, feel free to call on our experience at Barry Plant St Albans on 9367 7044.

Best wishes,

John Aaron Nakic & James Hatzimoisis

Directors – Barry Plant Real Estate

St Albans, Taylors Lakes & Caroline Springs