Here is a small list of houses that went to auction this weekend (19 June 2010). I have included details of advertised price and then the actual price the home sold for.
Electra St Williamstown
Advertised by Compton and Green, Williamstown for $650,000- $700,000. Sold at auction for $820,000
Verdon st, Williamstown
Advertised by Sweeny, Williamstown for $980,000- $1,050,000. Sold at auction for $1,205,000
Maugie St, Abbotsford
Advertised by BigginScott, Richmond for $600,000-$660,000. Sold $761,000
55 Merton Street, Albert Park
Advertised by Bennison Mackinnon, ALbert Park for $1,400,000-$1,500,000. Sold at auction for $1,710,000
Terry St, Balwyn
Advertised by Noel Jones, Balwyn for $1,200,000 - $1,300,000. Sold at auction for $1,605,000
Richardson St, Carlton North
Advertised by Chambers, Fitzroy North, in excess of $820,000. Sold at auction for $1,025,000
Saturday, June 19, 2010
Monday, June 14, 2010
Sold $237,500 Over The Quoted Range
A terrace home in Budd St, Collingwood was scheduled for auction on the 12th June, 2010.
The home had been beautifully renovated. It had three large bedrooms all with built in robes, generous living space, 2 bathrooms plus powder room, large kitchen, court yard garden plus a study area.
Advertised price range by real estate agent BigginScott , Richmond was as follows:
Details: $650,000 - $700,000
I could not believe my eyes when I saw this range and thought this is too good to be true.
Anyway the house sold for the following $937,500. Another "great" result for the owners, not so great for the poor house hunter that thought they were in with a chance.
The home had been beautifully renovated. It had three large bedrooms all with built in robes, generous living space, 2 bathrooms plus powder room, large kitchen, court yard garden plus a study area.
Advertised price range by real estate agent BigginScott , Richmond was as follows:
Details: $650,000 - $700,000
I could not believe my eyes when I saw this range and thought this is too good to be true.
Anyway the house sold for the following $937,500. Another "great" result for the owners, not so great for the poor house hunter that thought they were in with a chance.
Sunday, June 6, 2010
$900,000-$990,000
Overtime, I have noticed a trend where a particular Real Estate Agent in Williamstown prices a vast majority of its homes for sale at the $900,00 to $990,000 mark.
I will add to my list as time goes by
Examples so far:
Cecil St, Williamstown: Quoted at $900,000- $990,000 but passed in at $1,040,000
Crofton Dr, Williamstown: Quoted at $900,000- $990,000 but sold at $1,120,000
I will add to my list as time goes by
Examples so far:
Cecil St, Williamstown: Quoted at $900,000- $990,000 but passed in at $1,040,000
Crofton Dr, Williamstown: Quoted at $900,000- $990,000 but sold at $1,120,000
Saturday, June 5, 2010
Passed In
A house in Cecil St, Williamstown went to auction this weekend (5th June 2010). Quoted price range by Hocking Start, Williamstown was $900,000-$990,000. The Cecil St, property passed in at $1,040,000.
Not sure I can understand why, especially seeing that offers went over the quoted range. Perhaps the quoted range should have been $1,020,000- $1,100,000. That way, all those that attended the auction believing that the property would be sold between $900,000 and $990,000 would not be mislead.
Seeing that there is a proposed development application, between Nelson Place, Ann St, Aitkin St, Cecil St, Kanowna St in Williamstown, I personally wouldn't be bidding down this end of town until I was certain what was going to be built in the area. This development site, includes 412 dwellings, comprising 328 flats and 84 townhouses up to 13 storeys.
www.savewilliamstown.net explains all there is to know about the proposed development.
Not sure I can understand why, especially seeing that offers went over the quoted range. Perhaps the quoted range should have been $1,020,000- $1,100,000. That way, all those that attended the auction believing that the property would be sold between $900,000 and $990,000 would not be mislead.
Seeing that there is a proposed development application, between Nelson Place, Ann St, Aitkin St, Cecil St, Kanowna St in Williamstown, I personally wouldn't be bidding down this end of town until I was certain what was going to be built in the area. This development site, includes 412 dwellings, comprising 328 flats and 84 townhouses up to 13 storeys.
www.savewilliamstown.net explains all there is to know about the proposed development.
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