Frank Valentic on the Spring property market
By Advantage Property | 12th Sep 17
Two great articles have feature Frank Valentic and his thoughts on the Spring property market.
The Melbourne property market has bloomed into action this Spring with prestige homes selling very well - proving that this is a great time to sell your property. Frank Valentic was recently featured in this Domain.com.au article which explores the fact that although there was cautious bidding in the premium market, properties we still being sold well above their asking price - such was the case with this California Bungalow home in Kew pictured below.
It's wasn't just homes that were primed and ready to sell that proved popular as this Samantha Landy article shows. An original and dated home in Richmond saw two developers bid for this 1970s house.
Advantage Property Consulting director Frank Valentic said the house was “pretty daggy and original” and the sale was “mainly about land value”. It's something to think about when looking for large blocks, your competition may also include developers wanting to subdivide.
There's also great news for those in the outer fringe of Melbourne. If you think all the attention for home buying is in the inner ring of the city, think again - a Frankston South property was sold and amazing $505k above its asking price. To read more about the great start to the Spring selling season, click here.