FIRST OF THE SUPER SATURDAYS

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FIRST OF THE SUPER SATURDAYS

In real estate lingo this weekend is the start of the “SUPER SATURDAYS” for the auction season.  An excellent piece of marketing designed to liven interest and get buyers out and about.  Auction results have been average, no not average downright mendicant over the past few months and the peninsula market sees more houses sold through private treaty than at the fall of the hammer compared to the same time last year. There’s a trend emerging with plenty of good stock for sale and selling, we’re just not seeing the numbers as most mainstream media is centred on auction results as the primary guide.  

This weekend the peninsula is hosting 17 auctions, the same number as last weekend and most offerings are set under $1Million.  Frankston is hosting 4, Dromana 3 with the rest spread from Frankston South to Flinders.

Two have caught our interest.

Eston Grange is circa 1920’s farm house set on a beautiful 2.5acres of pasture surrounded by farms and vineyards.  In need of some TLC and the price point of $955,000 – $1,055,000 reflects the condition, the property is cherry ripe for the astute buyer.  Hinterland property is good buying and smaller acreage landholdings are as rare as chooks teeth.  Knock it down and build a stunning new home, renovate for a B&B the choices are enticing.

It’s common in the more gentrified pockets of the peninsula to visit auctions on a Sunday. This lovely little beach styled shack in Flinders will be a hotly contested buy.  The location for a weekender is hard to pass up, just a short stroll to the village, 1025sqm approx. of blue ribbon land, a bungalow at the rear and you’re set up whilst planning the next phase of this address.  Price pointed between $1,200,000 – $1,300,000 its right in the sweet spot for Flinders. 

Whatever you’re doing this weekend we wish all buyers, vendors and agents the very best.  You can see the full list of peninsula auctions at the tile below.  Catch you next week and have a great weekend.  

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