26th June 2017: Auction Snapshot: Saturday 24 June

What's happening in the market…

The Domain Group has stated that "it's the north of the city leading the pack" in the Melbourne real estate market. They believe that, with the changes in stamp duty for first home buyers, these affordable areas will continue to do so.

Saturday 24 June
Number of auctions in Victoria: 813
Clearance rate: 72%

The same weekend last year
Number of auctions in Victoria: 918
Clearance rate: 69%

Auction highlights…

19 Baratta Street, Blackburn South

This classic three bedroom home presents a wonderful new chapter for the lucky new home buyers, with potential to build new (STCA), renovate or extend in a location close to parks, primary schools and the Blackburn South shopping village. The 822 sq m (approx.) block is surrounded by leafy gardens, featuring a north-facing backyard and covered alfresco.

Number of bidders: 3
Sale price: Confidential

8 Moule Avenue, Balwyn North

The perfect site to construct their dream home (STCA), the new owners of this home will enjoy lush and elevated views over a tree-lined avenue, zoned for Koonung Secondary College and close to Greythorn and St Bridget's primary schools as well as a selection of eateries. The 865 sq m (approx.) block currently features a modest two bedroom home.

Number of bidders: 4
Sale price: $1,453,000

91-93 Websters Road, Templestowe

An absolute dream vision, this five bedroom provincial farmhouse is all ready for the new owners to move in. Set on over an acre in a Yarra parkland enclave, the luxury home is within walking distance to Newman village and close to prestigious schools. Just a few of the features of this spectacular home are a floodlit tennis court, swimming pool, 8 person spa, wine cellar, alfresco area, barn/workshop/man cave and a fire-side lounge. Congratulations to both the vendors and purchasers!

Number of bidders: 2
Sale price: $2,880,000