29 Moorookyle Avenue, Hughesdale; a one owner family home. The land was purchased fresh off the subdivision almost 60 years ago, and a family home built soon after. Ray White Carnegie Director Matt Hurlston met the original owner in 1998 and kept in contact until the family asked him to sell the home. The property saw strong competition from two bidders who previously competed against each other on a home in Murrumbeena , also sold by Matt in December.
“The home is perfect for renovation and extension as the backyard faces north, ideal for a large family room. The land would also be suited for development or a new single home” – Matt Hurlston.
The 2 bidders keen to buy in Hughesdale close to Hughesdale and Oakleigh train stations and shops, pushed the price to $1,350,000. The property sold under the hammer closing a great story for the original family and starting a new chapter for the winning bidder! Congratulations too all.
Leasing out a property is a decision influenced by a mix of financial, lifestyle and long-term planning considerations. For many property owners, it’s not just about owning real estate, but about how best to leverage it to meet their personal and financial goals. One of the strongest motivators is financial … Read more
Article Source : Nerida Conisbee – Chief Economist Trying to predict how many homes will sell in any given year is far more complicated than predicting prices. While price growth is often assumed to be the main driver of transactions, the relationship between the two is surprisingly weak. There are … Read more