The Top Five Buys from Melbourne buyer advocates and the Top Vendor Advocacy result for 2015.
2 bedroom, 1 bathroom first floor apartment with a generous floor plan with balcony and quality north facing position. Walking distance to Ascot Vale station and close to cafes, restaurants, and shopping.
NPB assessment: $410-440k
Purchased at auction by NPB for $420k
Advocate says: “With a lease in place until mid-2016, this good sized apartment with undercover car space is a secure investment property for our clients, with a huge amount of potential to add value in the future”
Quality 2 bedroom, 1 bathroom street fronting villa in a desired West Preston pocket. Highlights include spacious interior with hardwood floorboards, modern and stylish kitchen, and large entertaining courtyard.
Quoted by selling agents: $420,000 – $460,000
NPB Assessment: $530,000 – $570,000
Purchased at auction by NPB Advocates for $535,000
Advocate says: “Fully renovated 2 bedroom villa unit with street frontage in an excellent Preston pocket. Ideal for investors and downsizers.”
Best First Home Buy
St Kilda East
Set in a sought after St Kilda East location, this 2 bedroom, 1 bathroom offered leafy outlooks and plenty of natural light throughout the spacious interior. Superbly located close to transport, the beach, and Carlisle Street cafes and eateries.
Quoted by selling agents: $400,000 +
NPB Assessment: $475,000 – $510,000
Purchased at auction by National Property Buyers for $463,000
Advocate says: “A spacious 2 bedroom apartment in a tidy block. Walking distance to Ripponlea train station, Carlisle St and Glen Eira Rd strips. A perfect example of a great entry level property be it to invest or occupy.”
Best Owner Occupier Purchase
On 743spm (appx) in a leafy location, this 4 bedroom home is an exceptional family residence. Superbly located close to Lakewood Nature Reserve, a choice of primary and secondary schools, and shopping.
Quoted by selling agents $650,000-700,000
NPB Assessment: $780,000-830,000
Purchased at auction by National Property Buyers for $830,000
Advocate says: “a very well presented 4 bedroom, 2 bathroom, and single level home in the Lakewood Estate on 743sqm”
Client says: “we are thrilled with the result Antony, many thanks for a great outcome”
Best High End Purchase
Rich in period character and detail, ‘Derwent’ sits on a spacious 920spm (appx) allotment in a sought after Armadale location. A superb heritage property, the home offers four bedrooms, two bathrooms, and a north west facing rear garden.
Quoted by selling agents: $3,300,000+
NPB Assessment: $3,800,000 – $3,950,000
Purchased at auction by National Property Buyers for $3,850,000
Advocate says: “there is significant period character throughout this elegant double fronted period home which sits on 920sqm in a wonderful position in Armadale. With enormous potential, these properties don’t come up that often and we were able to fend off 2 other bidders to secure this for a good price for our clients”
Best Vendor Advocacy Sale
A quality family home on 753spm (appx) in an ideal family friendly position. With 3 bedrooms, 2 bathrooms and a spacious floor plan leading to an expansive north facing backyard. All close to a variety of schools and shopping.
Appraised by advocate at $850,000 – $880,000
Sold at auction for $260,000 above reserve
Advocate says: “a well presented 3 bedroom, 2 bathroom home in a good location that performed beyond expectation. 11 bidders engaged in strong competition at auction with over 100 people in attendance – unlike anything I have seen before. Most pleasing of all, the vendor was absolutely over the moon with the result.”