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Another 100% result as restrictions ease

Given the high levels of pent-up buyer demand we have been reporting throughout 2021, it was no surprise that we saw the real estate market in Melbourne’s northern corridor go from a lockdown-enforced ‘mini break’ to a flood of activity in the space of 24 hours this week.

The phones started ringing and the email enquiries started landing in our in-boxes on Wednesday as soon as the end of the latest restrictions was confirmed, and they haven’t stopped since. This demand from buyers has produced some impressive turnouts at our Open Houses, and some terrific sales results for happy vendors.

A prime example of this involved this week’s auction of a partially renovated three-bedroom home within easy walking distance of Lalor Plaza. The home at 41 Deakin Avenue in Lalor attracted interest from a range of buyers including several first home buyers as well as investors keen to secure their financial future in the rising real estate market.

The property in question was one of those gems that could easily be moved straight into on day one, but which also offered plenty of upside for future upgrades and enhancements, so it was not unusual to see the faces of young couples lighting up as they toured through our Open Houses here.

Despite the interruption of last week’s lockdown, Saturday’s auction proved to be a productive one for our happy vendors, but as you can see from the photo it was smiles all round once the gavel fell at a very satisfying $590,000.

Don’t forget that if you need any assistance in the current competitive market conditions, whether you want to sell, buy or lease, our team at Barry Plant Thomastown is always happy to assist. Feel free to give us a call this week on 9466 3233.

Best wishes,

Con Constantinou

Barry Plant Thomastown