The reality, however, is quite different. As we pointed out in LAST WEEK'S POST, the smart observers are looking beyond the mixed messages we’ve been seeing in the media to fully understand what’s actually happening, and this approach is reaping real benefits for them.

The fact is that there are still quite a few property investors who are active in the Melbourne real estate market right now, (just ask anyone trying to buy their first home and having to compete with them), and they clearly see the opportunities that an area like the northern corridor of Melbourne offers.

We saw further evidence of this trend as recently as this weekend, when our team successfully sold a property in Lalor to astute investors as part of another 100 per cent auction success rate for the week.

The property in question was a thoughtfully updated four-bedroom home on a subdivided block at 1/2 Burton Street in Lalor (pictured), which attracted good levels of enquiry from a mix of first home buyers and investors during the campaign.

The renovations that had been completed by our vendors, particularly to the kitchen, ensured that the new owners would not need to be undertaking additional works immediately following settlement, which had strong appeal for both groups of buyers.

The location was also viewed positively by both groups of buyers, being close to Rochdale Square shops, both levels of schooling, parks and transport options.

In the end, the auction produced a strong sale to buyers who are looking forward to renting out the property in the near future as part of a well-planned investment strategy.

Results like this one are further confirmation that careful planning and experienced advice can make all the difference to your property plans, whether you are considering buying, selling or investing. So if you would like some assistance from the team at Barry Plant Thomastown, you can give us a call this week on 9466 3233.

We’re more than happy to assist at any time.

Best wishes,

Con Constantinou

Barry Plant Thomastown