/Pre-Easter auctions pull bunny out of the hat

Pre-Easter auctions pull bunny out of the hat

17 Range View Terrace, Bulleen sold for $1.26 million at auction on April 13.

Four bidders pushed the price of a striking two-storey Bulleen home to $1.26 million as homes went under the hammer ahead of the Easter break.

The three-bedroom house at 17 Range View Terrace, originally listed with a price guide of $1.05 to $1.15 million, was picked up by local downsizers in front of a large crowd after attracting interest from owner occupiers.

“It was a beautifully built and presented home — it generated a fair bit of interest,” Barry Plant Doncaster East agent Ericka Wong said.

“There have been investors out and about, but I think this particular one — given the quality and how nice it was — everyone was looking to move in.”

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Barry Plant agent Ericka Wong praised the vendor presenting the home so well.

A light open-plan kitchen, dining and living space dominates the ground floor.

After being called on the market around the $1.2 million mark, the property’s sale came down to the final two bidders.

Ms Wong said the well-attended auction was another sign of a recovering market.

“I actually think the market is fine — the last few sales I’ve had there’ve been multiple parties interested,” Ms Wong said.

“There is a lot more confidence back in the marketplace than what we’ve been seeing — it’s very promising, it’s a little bit like the old days.”

A large and well fitted-out kitchen at 17 Range View Terrace.

An impatient interstate buyer picked up a Burwood home with an offer the vendor couldn’t refuse ahead of the home going under the hammer.

The property sold for $1.32 million, “well above” what the vendors wanted, said Buxton Camberwell agent Steve Hatzi.

“They were definitely rapt,” Mr Hatzi said, with two other offers put on the property about $100,000 below the sale price.

After seeing 8 Glengarry Ave online and comparing the price to their local market, a NSW-based family made an offer on April 8, ahead of the April 13 auction.

Interstate buyers jumped in before 8 Glengarry Ave could make it to auction.

Three separate offers were made ahead of the Burwood property’s auction.

“The week before the auction they flew down one more time and said they wanted to put in an offer,” said Buxton Camberwell agent Steve Hatzi.

“They got more bang for their buck here — it was effectively a cheaper buy for them,” Mr Hatzi said.

Mr Hatzi said the “lifestyle element” had appealed to buyers.

“A price like that is well above the median house price in Burwood,” Mr Hatzi said.

“So achieving that, we were very happy with — it’s very hard to get above in this market.”

A four-bedroom home in a prime Blackburn location sold for $1,632. million after strong interest in the lead-up and during the April 13 auction.

Buxton agent Steve Hatzi said the Burwood property appealed for its “lifestyle element”.

Three bidders pushed up the sale price after 12 Laurel Grove North had been declared on the market at $1.575 million.

McGrath Blackburn agent Ripple Wu said the “exclusive” location prompted strong interest in the 953sq m property.

“People know if they miss this chance they might not get another,” Ms Wu said.

“In a good location, properties are still selling well.”

Ms Wu said there had been increased inquiries and follow up from buyers about auction results.

“Buyers want to buy — they don’t know what’s coming up so they’re a bit cautious.

“But they realise that eventually they have to make a decision.”

12 Laurel Grove North, Blackburn sold for $1.632 million.

12 Laurel Grove North, attracted bids from three groups.

A slice of good fortune ended in an unusual sale price for a Doncaster East property that sold after passing in under the hammer on April 13.

Having passed in at $1.41 million after attracting three bidders, 8 Guildford Drive sold for $1,433,888 after negotiations.

“The buyer liked the 888 numbers,” said Philip Webb Doncaster East agent James Huang.

“For Chinese buyers, the number eight is very lucky — it will be really lucky for the future.”

Mr Huang said well-informed buyers were still performing at auctions.

“Buyers are thinking the market will be very slow, but the good properties — they’re still selling,” Mr Huang said.

8 Guildford Drive, Doncaster East sold for the curious price of $1,433,888.

8 Guildford Drive has a sumptuous outdoor entertaining area.

The kitchen has stainless-steel appliances and granite benchtops.

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jack.boronovskis@news.com.au

@jackboronovskis