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Auction Snapshot: Saturday 25 November

November 28th 2017

What’s happening in the market…

The Domain Group highlighted how first home buyers are choosing their homes based on the proximity to the city, with old apartments becoming increasingly popular. “Noticeably roomier than their shoebox-sized contemporary cousins, these older apartments are often nestled on quiet, residential streets, in walking distance to shopping and easy access to a train line.”

Domain also highlighted that the lower than usual clearance rate that occurred on the weekend may have been influenced by the oversupply of real estate within the $1.5-$3 million price bracket. 

Saturday 25 November
Number of auctions in Victoria: 1,446
Clearance rate: 66.2%

Auction highlights…

7 Maysia Street, Canterbury

Splendid 1930’s origins and impeccable contemporary enhancements combine for a wonderful family lifestyle in “Baramba”, an immaculate four bedroom, two bathroom home in the highly-regarded Hassett Estate. Just a short stroll away, the new home owners can enjoy cafes, supermarkets, parks, Camberwell High and Canterbury Primary Schools whilst exceptional private schools are easily accessed.

Number of bidders: 4
Sale price: $2,400,000

3 Elm Grove, Mooroolbark

Beautifully presented with show-stopping views out to the Yarra Ranges, relax under the court-facing verandah or in the manicured gardens which surround this four bedroom residence. Inside, the picturesque scenery complements the alluring lounge room with door to a rear alfresco, joined by the stylish dining and family room, relaxed living/meals and large kitchen. The upper teen retreat introduces a spa bathroom and main bedroom with ensuite and inspiring vista.

Number of bidders: 4
Sale price:

27 Deanswood Road, Forest Hill

This classically pretty three bedroom home is surrounded by a verdant garden paradise featuring ponds and enticing alfresco areas. Set on a wide block, the new owners have the option to extend and renovate (STCA) to take full advantage of this remarkable neighbourhood, just a short walk to Forest Hill Chase and buses, and surrounded by a selection of excellent schools.

Number of bidders: 3
Sale price: 

1/60 Morna Road, Doncaster East

The picturesque street appeal of this storybook style home is the epitome of character and charm. With its high gable roof and dormer windows, it sits in delightful cottage gardens with shops, supermarket and bus at Devon Plaza, and Beverley Hills Primary School within walking distance. Family bedrooms and bathroom are upstairs in an attic style setting, with natural light pouring in through high windows. At the rear, a private garden courtyard presents a quiet retreat. Congratulations to the lucky new home owners!

Number of bidders: 3
Sale price: 

16 Torley Road, Emerald

November 23rd 2017

Unique And Serene In The Dandenong Ranges

This architecturally designed home has been the solace for many years of solo sailor Jesse Martin and his family.

Designed around a central courtyard, this luxury residence boasts unique internally designed angles complimented by bluestone crazy paving outside. This elegant home is at one with its surroundings due to expansive floor to ceiling windows in almost every room of the home, inviting abundant natural light and garden views indoors.

Offering a progressive floorplan with architectural flare, the main floor living areas include a sunken lounge with open fire place and French doors, kitchen with casual meals area opening to the paved patio, formal dining with bi-fold doors to the sun-dappled deck, and the convenience of a spacious laundry, guest powder room, and WC. Along a glass-lined gallery corridor is the sprawling home office/studio/workshop area or potential 4th bedroom, and upstairs offers 3 luxury bedrooms, including 2 with ensuites and Juliet balconies.

Outside, the level landscaped garden is a delightful 4,024 sq m approx. of lawns, mature trees, al fresco dining areas, and ultimate privacy. The ideal mix of sun and shade ensures this is a garden to be enjoyed year round.

In contrast to the strong lines and modern finishes of the main residence is the original 2-bedroom miner’s cottage, circa late-1800s, that provides a touch of heritage and country charm. With the vaulted ceilings, original radial weatherboards, classic front porch, and character living areas inside, this is a highlight not to be missed. The cottage also provides value-add options to the property either for extra income or extended family living.

For the hobbyist or storage, is a discretely hidden 10 x 5 meter shed on a concrete floor and a 3 x 3 meter garden shed.

Click for more information about 16 Torley Road, Emerald

Alternatively, contact David McKay on 0413 243 029 or Suzie Brannelly on 0425 872 799.

Auction Snapshot: Saturday 18 November

November 21st 2017

What’s happening in the market…

New laws have been put into place after the introduction of the policies earlier this year. “Foreign owners will be slugged with an annual fee if their property is left vacant for six months or more after legislation cleared the Senate. Deductions investors can claim on residential properties will also be limited,” The Domain Group stated.

The REIV’s recent data showed that, by looking at the next suburb over via the train line, buyers could save a six-figure amount. “Homebuyers willing to commute for a few extra minutes each day are able to consider a greater number of suburbs, including new growth areas which may not have peaked in terms of price growth,” said REIV President Richard Simpson.

Saturday 18 November
Number of reported auctions in Victoria: 1,202
Clearance rate: 70%

Auction highlights…

27 Pendle Street, Box Hill

Behind the modest facade of this high-set Californian Bungalow, discover a generously-proportioned renovated home that combines original Art Deco styling with an impressive rear extension to provide spacious comfort for a growing family. Tucked away in a quiet pocket just a few minutes stroll to esteemed Box Hill High School, the new home owners will be able to walk to Box Hill Oval, Laburnum station, cafes and primary school, plus Box Hill Central shopping, restaurants and transport hub.

Number of bidders: 5
Sale price: $1,635,500

21 Coven Avenue, Heathmont

Cleverly designed and brilliantly added to by the current owners, this unique property has been built to provide a fantastic family lifestyle close to HE Parker Reserve, Bungalook Creek, Heathmont East Primary, Canterbury Road shopping and transport. The outside is a major feature, where tiered decking takes you through enclosed sitting areas, paved outdoor seating and a magnificent indoor/outdoor rumpus room with covered salt water, solar heated in-ground pool and separate in-set outdoor spa.

Number of bidders: 5
Sale price:

3 Stirling Street, Kew

This welcoming and surprisingly spacious resid ence has been extended and modernised with innovative flair to create the home of today. Highlighting space, light and quality appointments, it convincingly defines contemporary family living. Cafe doors open out to a central entertaining courtyard with heated plunge pool and spa. The home is located within walking distance or tram of highly sought-after private schools, local shops and the numerous amenities of Kew Junction – congratulations to the lucky new owners!

Number of bidders: 4
Sale price:

31 Antoinette Boulevard, Eltham

November 17th 2017

The essence of Eltham living

Surrounded by stunning natural bushland that incorporates the Diamond Creek, grand old eucalypts and abundant local wildlife, this alluring residence captures the essence of Eltham living.

Featuring a magnificent collection of reclaimed materials, the 3-bedroom design begins with an inviting dining hall that leads through to a spacious lounge room with open fireplace, central solid timber kitchen, 2 bathrooms and flexible study/retreat. Elevated deck captures the surrounds to perfection, while a separate studio is ideal for guests, home office or creative space.

This picturesque bushland retreat is a stone’s throw from Fitzsimons Lane for an easy daily commute, along with Montsalvat, bus, train station and the thriving central Eltham hub. Prepare to fall in love – inspection is a must!

Click for more information about 31 Antoinette Boulevard, Eltham

Alternatively, contact Stephanie Hawke on 0412 737 775 or Nathan Foley on 9430 1111.