45 Fitzroy St, McKinnon was sold at Auction by Ray White Carnegie Director Matt Hurlston and Senior Sales Agent Josh Hommelhoff.
The home had certainly seen better days and required a major renovation or demolition and replaced with a new home. This did not stop buyers keen to enter the McKinnon School zone pushing the bidding quickly above $1,000,000 and finally selling for an undisclosed price, leaving a very happy executor and a buyer ready to embrace the challenge of what lies ahead! Well located between Bentleigh and McKinnon stations, shops and an easy stroll to Allnut Park. The property was well received by buyers throughout the marketing campaign.
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For property investors, 2026 presents an interesting opportunity in the Melbourne market. While the broader property market has experienced some softer conditions, the rental market continues to show resilience, with strong tenant demand, rising rents and limited housing supply creating favourable conditions for well-selected investment properties. So, is Melbourne’s rental market still worth considering in … […]