We enjoyed clear skies on auction day, despite the chilly temperatures.
The REIV reported clearance rate of 79% over the weekend, with 712 auctions reported and 560 of those homes selling. The month of August achieved a 76% clearance rate, one of the highest this year.
Fletchers Network of Eastern suburbs offices achieved success rate of 80% for the first weekend of the Spring selling season.
The single brick residence at 23 Forest Glen Avenue in Blackburn South rests in an enviable corner block position, close to the Mahoneys Reserve parkland. The home boasts large living areas with 9 foot ceilings, three bedrooms, a recently updated kitchen and zones outdoor entertaining area is comprised of an east facing deck and a west facing courtyard. Auction day attracted five eager bidders and the property sold for $1.39 million, an impressive $180,000 over reserve.
In Forest Hill, the prized entertainer at 10 Hansen Street has been renovated and extended with flair and personality. Expansive and open plan, the four bedroom home features a separate wing for the master bedroom, whilst a spacious lounge and kitchen leads out to the undercover alfresco area. Just steps from Blackburn Lake Sanctuary, schools, transport and shops, this wonderful home is perfectly positioned. On auction day four bidders helped the home reach a final sale price of $1.235 million.
The neat weatherboard home at 32 Maylands Avenue in Balwyn North is ready for its next stage in life. In original condition, this home has plenty of potential for those looking to renovate, extend or redevelop (STCA). A competitive auction saw an overwhelming nine bidders vying for the property. Reaching well over reserve, the home was sold for an impressive $1.05 million.
In Box Hill South, 17 Venice Street is located in a lifestyle hotspot close to Wattle Park, schools and transport. Refreshed and modernized, the three bedroom home features an inviting living, lounge and dining with gas log fireplace as well as a white kitchen with premium appliances. The home is surrounded by lush gardens on the approximately 566 sq m block that has room for further renovation (STCA). There were four bidders on auction day that helped the home sell for $1.101 million.
The single level home at 2/33 Chestnut Street in Surrey Hills was sure to appeal to downsizers and small families. Positioned at the rear of only two, the home has a wide lounge with polished boards, large dining room and spotless kitchen. The living area and kitchen featured plenty of windows that overlook the secure and private backyard. The prized location of this home attracted four bidders who fought competitively until the final sale price of $1.110 million was achieved.
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in Miscellaneous