Our Group Block strategy continues to be popular with our investors as we purchased another whole block of updated apartments in Rankins Road Kensington. We were able to purchase the updated 2 bedroom apartments circa for $371,000 each, well below the suburbs median price of $560,000.
https://www.realestate.com.au/property/19-21-rankins-rd-kensington-vic-3031/
Properties in well regarded school zones continue to be hot and in demand. A modern property at 23 Folkstone Road Glen Waverley with 5 bedrooms and 5 bathrooms recently sold for a strong sale result of $3,970,000 and a saw in the popular school zone.
https://www.realestate.com.au/property/23-folkestone-rd-glen-waverley-vic-3150/
Our Group Block Syndicate strategies continue to be popular with our investor clients as we were able to purchase another block without auction competition in Mailey St West Sunshine. We were able to purchase the 2 and 3 bedroom units from $376,000, well below the area’s median unit price of $550,000.
https://www.realestate.com.au/property-unitblock-vic-sunshine+west-139617067
Modern turn key properties continue to see strong demand from young families. A three bedroom, two bathroom modern townhouse style property at 39 Brunel St Malvern East sold for $3,155,000.
https://www.realestate.com.au/sold/property-house-vic-malvern+east-147957640