Further signs of buyer confidence growing
Once again this week, we’ve seen further signs of buyer confidence in the Moonee Valley property market, including several pre-auction sales being completed when buyers have been unwilling to wait until the scheduled auction day.
Here's a sample of our most recent results:
Airport West: 14A Highlands Avenue. This easy care three-bedroom home proved the value of professional post-auction negotiations, with the SOLD sign going up at $825,000 immediately after the auction, more than $50,000 above the ‘passed-in’ figure.
Airport West: 78A McNamara Avenue. The striking contemporary architecture of this near new three-bedroom home certainly made an impact on all who visited it. Enjoying a convenient corner location a short walk from the shops, it was sold through productive mid-week negotiations.
Essendon: 12 Lyttle Avenue. A leafy green outlook across Five Mile Creek Reserve over the back fence added to the appeal of this four-bedroom, two-bathroom timber home, resulting in an early sale well before offers were due to close on a Sale by Set Date® campaign.
Keilor East: 8 Etka Avenue. Attracting interest from renovators, builders and developers, this four-bedroom home on around 639sqm of land was sold during the week for $1.09 million.
Niddrie: 23A Hutchison Street. Constructed over three levels with sparkling city views from the upper reaches, this three-bedroom home was successfully sold during the week when an early offer of $1.39 million convinced our vendors to cancel the auction.
North Melbourne: 16/26 Brougham Street. Attracting enquiries from a mix of investors and city workers keen to get a base on the city-fringe, this compact apartment sold for $268,000.
Strathmore: 11 Grammar Street. This classic brick three-bedroom home (pictured) situated within strolling distance of Strathmore College and Primary schools, was originally scheduled for auction this weekend, but was sold before it even hit the internet.
So as the active Winter market of 2024 comes to a close, you may be looking for some experienced advice and assistance in preparing for your own move into the market this Spring. If so, be sure to give us a call this week at Barry Plant Moonee Valley on 9319 1700.
Best wishes,
Bill Karp
Director – Barry Plant Real Estate
Keilor East, Essendon & Gladstone Park