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Buyers active right up to NYE

It may have been the time of year when many people tend to put their feet up and chill, but the last few weeks of 2020 proved to be different, with buyer putting their hands up instead, and keeping them up during a number of highly competitive year-end auctions!

Our team conducted a number of auctions in the shadows of Christmas this year, both on the weekend and in the twilight during the days prior to Santa arriving, and the results were nothing short of amazing for several very happy vendors.

Among the few results of 2020 were:

Caroline Springs: 24 Mount Way. This charming two-bedroom cottage with a choice of schools and shopping options nearby made the most of strong mid-week negotiations, selling for $510,000.

Hillside: 11 Whitmore Place. A twilight auction just a few days before Christmas saw three bidders trying their best to beat Santa to the celebrations, with the gavel falling at $535,000.

Hillside: 4 Camelot Place. Our final auction of 2020 involved five bidders competing for the keys to a charming four-bedroom home (pictured). A great result saw a sale achieved at $725,000…more than 10% above our ecstatic vendor’s reserve.

Hillside: 52 Bellevue Boulevard. Four bidders fought it out at this mid-week twilight auction. It was on the market at $725,000, but bidding continued all the way to a very pleasing $795,000.

Hillside: 47 Bellevue Boulevard. Just down the street (and three days after) the auction above, this three-bedroom home sold above reserve after a brave knock-out bid of $800,000 sealed the deal.

St Albans: 14 Chelmsford Crescent. Offering ready access to schools, this four-bedroom home appealed to a number of upgrading families. A mid-week sale at $673,000 was a pleasing result.

St Albans: 10 Grant Street. One of the more unusual properties we’ve offered for a while, this two-bedroom home with garage/entertaining space sold for $700,000.

St Albans: 58 Lester Avenue. Designed for warmth and character, this three-bedroom family home achieved close to 10% above its reserve in selling for $700,000.

St Albans: 14-16 Biggs Street. In one of the most talked about auctions in St Albans this year, these two adjoining blocks were sold under the hammer for more than $100,000 above out excited vendor’s reserve price.

Sydenham: 1/46 Delbridge Drive. Enjoying easy access to Watergardens, this renovated three-bedroom unit saw a competitive bidding duel that pushed the price to $536,000, well over expectations.

With buyer demand so strong right now, and so many buyers who were unable to secure their next home in December, the market is primed for some outstanding results in January. So if you are weighing up your options and would like to discuss the opportunities that could await you over the next few weeks, be sure to give the team at Barry Plant Caroline Springs and Taylors Lakes a call this week on 9390 8333.

Best wishes,

James Hatzimoisis & John Aaron Nakic

Directors – Barry Plant Real Estate

Taylors Lakes, St Albans & Caroline Springs