1/602 Neerim Road Hughesdale close to Oakleigh real estate, shops and station has sold at auction for $810,000. Ray White Carnegie Agents sold the Hughesdale property previously in 2015 for $700,000.
The two bedroom unit presented well and saw competition from 3 bidders. The property sold under the hammer in front of a strong crowd of approximately 60 onlookers. The purchaser plans to renovate the unit and downsize from their current home in Carnegie. “We have a lot of buyers asking our team about opportunities outside of Carnegie and Murrumbeena. Hughesdale and Oakleigh real estate are a great opportunity. We introduce buyers who have sold in a higher priced suburb and have the extra dollars at hand when buying Hughesdale and Oakleigh real estate at auction” Matthew Hurlston Director – Hughesdale Agent.
Article Source : Click Here Nerida Conisbee – Chief Economist In property markets, price pressure usually flows like water – when buyers can’t afford their preferred suburb, they move to the next-best alternative nearby. This “spillover effect” drives faster price growth in adjacent, cheaper areas as displaced demand seeks similar … Read more
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