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Online auctions still exceeding expectations

The remarkable surge in buyer activity since the restrictions on property inspections were lifted continued this week, with more than 320 separate property inspections being conducted by our local sales team. That makes over 1,000 private inspections in the space of three weeks!

Our first online auction since the lifting of the barriers also confirmed how strong the demand from buyers is right now. We auctioned a well-maintained four-bedroom home in Colburn Court, Hillside (pictured) on Saturday. This owner-built home was being offered for sale for the first time and attracted plenty of interest from the day it hit the market.

Saturday’s auction had six registered bidders. The competition opened with a bid of $550,000, then 27 bids later the gavel fell at a very pleasing $656,500, which was above our happy vendor’s reserve price. It was smiles all round, and further confirmation of the effectiveness of our online auctions.

As you may have seen on the back page of this weekend’s Realestate lift-out in the Herald-Sun, the Barry Plant network has been able to assist a remarkable number of Victorians to achieve their property goals. In fact, despite all the restrictions of the past few months, our virtual and online solutions assisted our network of agents to achieve sales or settlements on over 2000 properties during August and September! As they say in the classics, “Where’s a will (and some skill), there’s a way.”

The good news for buyers is that we are seeing some really exciting new listings coming onto the market as well, so whilst demand is still stronger than the available supply, there are definitely opportunities there if you’re quick to respond.

From a sellers’ point of view, it’s a great time to capitalise on the strong demand if you can. So don’t leave it a day longer to talk to one of the team at Barry Plant Caroline Springs and Taylors Lakes so that we can get the wheels in motion and help you on your way to the next stage of your property journey. Feel free to give us a call this week on 9390 8333.


James Hatzimoisis & John Aaron Nakic

Directors – Barry Plant Real Estate

Taylors Lakes, St Albans & Caroline Springs