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Borrowing and construction costs are high, but that didn’t stop hopefuls pulling out all the stops for the block on top of a hill. Even if they were tardy.
There’s an end in sight to the cycle of increases that has thrown the east coast-dominated housing market into decline. But it’s not making investors rush back.
Timing is everything in real estate, and when the moment passed – twice – one vendor had to go it alone, for less.
Save Share We speak to the team behind the most intriguing recent property sale. The property: A two-bedroom, 72sq m north-facing apartment at 3/27 Glen Street, Hawthorn, Victoria. Sold at auction for $811,500. Who was the agent/agency? Sales agent Karen Chung, auctioneer Greg Bowring, Woodards Camberwell. Successful buyerâs agent: Monique Sasson. How long was this on the market? Twenty-six days. The two-bedroom, 72sq m north-facing apartment at 3/27 Glen Street, in Melbourneâs Hawthorn, sold at auction for $811,500. Why did this one sell? [Bowring] Itâs got a nice courtyar...