What's happening in the market…

We can't believe it's now December, with only one major auction weekend left for 2017 and the Christmas season rapidly approaching!

The Domain Group highlighted how apartment and unit sales have been achieving great results, despite a two year lull, possibly due to the high first home buyer traffic.

Saturday 9 December
Number of auctions in Victoria: 1,057
Clearance rate: 65.6%

Auction highlights…

37 Tyne Street, Box Hill North

Majestically positioned high on a lovely corner, this gorgeous Edwardian pays tribute to its rich history whilst simultaneously delivering sublime state-of-the-art style. No expense has been spared to achieve this luxurious outcome, from hardwood floors and 3.3 metre ceilings to the expansive double glazing. The lucky new owners will have the hospital, TAFE, Box Hill Central, fine dining, transport, primary schools and Our Lady of Sion College all located within walking distance.

Number of bidders: 3
Sale price: $1,601,000

62 Scott Street, Vermont

Wonderfully positioned on a lush corner allotment in t he prized Vermont Secondary College zone, this classic 3 bedroom home is set for a rewarding future. A great investment with tenants already in place, the new home owners can relax while preparing plans for this sizeable 711 sq m approx. block. Ideal for renovation, a luxurious multi-townhouse development or a substantial family residence (STCA).

Number of bidders: 3
Sale price: $903,000

8 Monash Avenue, Balwyn

Instantly appealing and ideally located on a prestigious avenue, the premium lifestyle offered alongside this enticing 4 bedroom home is captivating. Only a stone's throw from Melbourne's finest schools, Balwyn Village shops and the 109 tram, this peaceful abode is also in the coveted Balwyn High School zone.

Number of bidders: 3
Sale price: $2,650,000