The great news for clients of Barry Plant in the western suburbs was that auction season opened with a bang for our network. We saw 13 of 15 auctions sold under the hammer, producing sales of more than $9 million between them, with at least one of the remaining properties already under contract as I write this report. That’s an auction success rate of 93%-plus, which is really positive news for anyone planning on selling in the western suburbs in the coming months.

On a local level, our team at Barry Plant Sunshine was able to achieve a very satisfying 100% auction success rate for our vendors this week.

One of the highlights of this week’s activity involved a 4-bedroom home on a generous 711sqm allotment in Bradley Street, Sunshine North. With an outlook over parkland and Residential Growth zoning, the majority of interest came from buyers with an interest in redeveloping the site, so it was no surprise to two developers fighting it out in a competitive bidding duel at the end of the auction, resulting in a very pleasing figure for our vendors.

Another spirited competition took place in Ardeer, where prospective owner occupiers battled it out with investors for the keys to a 3-bedroom timber home on a corner block in Chelsey Street. In the end, the home owners won the day with a very satisfying sale being concluded at $726,500. As you can see from the photo, both the vendors and buyers seemed very happy with the result.

With the auction season kicking off to such a positive start, and demand from buyers every bit as strong as we experienced last year, there is a very strong case for intending sellers to make that move earlier rather than later. However, that decision will depend very much on your own personal plans and priorities, so if you would like some obligation-free advice on how to maximise your result in 2018, don’t hesitate to call on one of our team at 03 8326 8888.