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News Rumours of an early Spring continue

Rumours of an early Spring continue

Real estate & property news
17 August 2024
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We’ve been talking about the possibility of an early start to the Spring selling season in Melbourne for a few weeks now, so the arrival of a few sunny days with warmer temperatures this week did no harm to that perception.

We saw some more results this week with a definite Spring flavour to them as well, not to mention a continuation of the trend that we have been talking about in IN OUR WEEKLY POSTS where buyers are competing particularly strongly for properties with lower maintenance requirements.

Two of our most recent sales reflect this trend.

On one hand we auctioned an attractive three-bedroom, two-bathroom townhouse at 1/28 Roland Avenue in Strathmore this week. Enjoying a strong front position with its own driveway, this well-appointed home made a positive impact on buyers with its clean lines, neutral décor and quality appointments, along with its private rear courtyard with space for entertaining.

The value of experienced negotiation came to the fore, with our team being able to achieve an additional $32,000 for our vendor after the auction, when the SOLD sign went up at $892,000.

Meanwhile, over in Aberfeldie, another three-bedroom townhouse in Afton Street achieved a similarly strong sale after mid-week negotiations rather than the competitive environment of an auction. The fact that these two results on similar types of real estate were achieved through quite different methods confirms the level of buyer interest as we head into Spring.

As I have mentioned previously, the key to achieving a positive result in the City of Moonee Valley and surrounding suburbs right now comes down to setting a carefully planned approach with experienced agents who are with you every step of the way. So if you’d like to discuss your options with one of the friendly team at Barry Plant Moonee Valley, you can give us a call this week on 9319 1700.

Regards,

Bill Karp

Director – Barry Plant Real Estate

Keilor East, Essendon & Gladstone Park

Real estate & property news
17 August 2024
Save Article

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