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7 Bidders fight it out in Lalor

Once again this week we saw further confirmation of the strength of buyer demand for property of all types in Melbourne’s northern corridor.

Not only was our team able to achieve another 100% auction success rate for our vendors for the second week in a row, but our auction of an appealing, (but certainly not unusual), family home in Lalor produced a level of competitive bidding that would have got many local homeowners excited after the gavel fell.

The auction in question involved a well maintained one-owner home in Rosedale Drive, Lalor. This three-bedroom home comprised an L-shaped lounge and dining room plus an informal meals area beside a timber kitchen, and three bedrooms including a semi-ensuite off the main. One feature that made an impact on buyers was the generous covered alfresco entertaining area in the backyard. Another was the additional car accommodation offered by the four-car carport in front of the garage.

Of course, as is so often the case for properties in Lalor and Thomastown, a convenient location also played a part. Primary and Secondary Schools, shops, cafes and recreational facilities were all close by, assuring the new owners of an easy lifestyle after moving day.

As comfortable as this property was, few local residents were prepared for the sight of seven separate bidders competing for the keys, resulting in a strong sale at $670,000 which was well above expectations. As you can see from the photo, everyone involved on the day seemed very pleased with the result!

With the prime selling season of Autumn set to officially start this week, the outlook for anyone considering selling in the next month or two looks incredibly positive indeed. So, if you would like some obligation-free advice on how to maximise your result in the current market conditions, just like our happy vendors in Rosedale Drive, be sure to give our team at Barry Plant Thomastown a call this week on 9466 3233.


Con Constantinou

Barry Plant Thomastown