Marshall White Weekly News Update
Auction activity has begun to wind down in preparation for the Christmas break however buyer confidence continues to improve buoyed by the second interest rate cut in as many months.
Marshall White sold 18 properties on the weekend including 3 that were sold prior to auction. Competition was robust at many of the auctions as multiple bidders vied for a pre-Christmas purchase.
A stylishly renovated period residence at 5 Albion Rd, Glen Iris sold very well after 6 separate parties competed at the auction, while also on Saturday, 5 prospective buyers bid for a family residence at 10 Bruce St, Malvern East.
Although only a handful of homes will be auctioned next weekend there are still some excellent properties available for private sale in the lead up to Christmas.


