Property Market Update - Ash Howarth - Edition 2, 2020

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Property Market Update Glen Iris and Ashburton

Edition 2, 2020 The recent COVID-19 Stage 4 restrictions will obviously have an indelible effect on all Victorians, and we appreciate that big decisions about property or changing lifestyle may not be top of mind for most of you. We are also acutely aware of the pressures many of you will be feeling during this time and we wish you and those close to you the very best of health and a safe path out of this crisis. Despite the demanding times, many of our clients continue to buy and sell homes in the highly sought-after areas of Melbourne we serve and we felt a review of the property market in your local area might serve as a welcome distraction.

Ash Howarth M 0415 756 764 P 9822 9999 E ash.howarth@marshallwhite.com.au

We look forward to a brighter Spring and a return to a 'new normal' where we can again be close to family and friends, and for many of us, a time when we can enjoy Melbourne's favourite pastime - property! Stay safe and please reach out should you require any assistance or just a little advice.


From the Agent Ash Howarth's take on the market this quarter

While it has been a very challenging time for all Melburnians, the property market has shown remarkable resilience in the face of the many obstacles created by the COVID-19 pandemic. During our first lockdown we were able to adapt and pivot towards online and digital solutions that enabled both vendors and buyers to continue to transact property safely and successfully. There has also been a surge in discreet off market sales. In the brief period when onsite auctions were permitted, the strength of the market was evidenced by auction clearance rates that had returned to the high numbers we saw in the pre-COVID months. Despite media predictions, prices have remained relatively stable with quality property performing particularly well. Now that we are heading towards spring, we are experiencing increased traffic on all real estate websites, with buyers hoping for an influx of new property on the market.


Sold for an undisclosed price - 5 beds / 3 baths / 2 cars

8 Seaton Street, Glen Iris Sold for an undisclosed price - 5 beds / 3 baths / 2 cars

Situated on a tree lined street in a highly desirable location, this grand period residence´s significant family appeal is further enhanced by exceptionally spacious interior dimensions and a sun drenched garden and pool setting. The light filled interior boasts multiple living and dining zones, a contemporary kitchen and generous accommodation encompassing a ground floor main bedroom with walk in robe and ensuite, complemented by four additional bedrooms with robes and two family bathrooms.

A Word From My Clients Ash Howarth recently handled the sale of my house in Glen Iris and I was most impressed by his professional approach and knowledge of the area He gave me excellent advice initially and marketed the property in a way that attracted the best serious prospective purchasers. Ash then communicated with me often and informatively during the sale period. As someone who was rather apprehensive about the whole process I was impressed by his calm and confident approach throughout. His skill achieved an excellent result, even in trying Covid times.

I would like to thank Ash Howarth for his recent sale of our residential property. His care and attention to detail were of great value to myself, my wife and our two daughters during the sale process. We gave Ash the harder task of selling our property by private sale, as we could not face the auction process and we did not feel a need to sell quickly. Despite this, Ash respected our wishes and took the challenge on with a smile, and within 7 days he had sold our property for much more than what we had imagined. We could not be happier with the result and we give him great thanks for his sensitivity, swiftness, and professionalism.

Heather

Andrew


Some of Our Exceptional Results

6 Bickleigh Street, Glen Iris

14 Francis Crescent, Glen Iris

17 Webb Street, Glen Iris

4 2 2 Sold in the vicinity of $2,350,000

4 2 3 Sold for an undisclosed price

4 2 2 Sold in the vicinity of $2,150,000

4 Cyril Street, Ashburton

22 Barina Road, Glen Iris

13 Dunlop Street, Ashburton

4 3 2 Sold for an undisclosed price

5 3 1 Sold in the vicinity of $3,200,000

4 2 2 Sold in the vicinity of $2,000,000

98 Ashburn Grove, Ashburton

25 Solway Street, Ashburton

16 Johnston Street, Ashburton

4 3 2 Sold for an undisclosed price

4 2 2 Sold for $1,750,000

2 2 2 Sold for $1,230,000


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