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Winter continues to exceed expectations

One of the things I love about being part of such a large network, (and there are lots of things to love, let me tell you), is that it’s easy to gather a clear perspective of what’s happening in the broader market.

With that in mind, I’m pleased to report that based on the first-hand insights of numerous highly experienced property professionals around Melbourne, the Winter market is still performing remarkably solidly, despite the complications imposed by the restrictions on private inspections and the requirement for all auctions to be conducted online.

In fact, the online auctions around Melbourne have been performing particularly well during this second lockdown phase, achieving some very pleasing outcomes for our clients. Importantly, the buyers and vendors seem to have adapted easily to the digital format, and their feedback has been positive.

At a local level, the market has continued to perform positively. Indeed, one of our recent results showed that there are still plenty of active buyers who are prepared to make strong early offers on a suitable home rather than waiting for the scheduled auction.

The property in question was an appealing three-bedroom home at 168 Dalton Road in Thomastown (pictured). Offering an updated kitchen and polished floorboards throughout, this appealing prospect was located within walking distance of both Primary and Secondary schools as well as the local supermarket and was set on a good-sized allotment of around 535sqm.

Such was the appeal that this property enjoyed that the owners decided to accept a strong early offer from a keen owner-occupier rather than waiting for the scheduled auction to arrive.

One important fact to keep in mind is that whilst we may be in the midst of Winter, it’s now August which means that the official start of the Spring selling season is now just a few weeks away. Given the strong results we’ve been achieving lately, there is every reason to expect that those vendors hitting the market over the next few weeks could be enjoying some very pleasing results indeed.

So, if you need any advice or are curious about what your property could achieve in the current climate, don’t hesitate to give us a call at Barry Plant Thomastown on 9466 3233. We’d be only too happy to help.

Best wishes,

Con Constantinou

Barry Plant Thomastown