Record for vacant land in Parkdale

9 years ago•By Anqi Wang

Ray White Carnegie Real Estate auctioned and sold a vacant land parcel at 66 Keith Street Parkdale for $1,110,000.

The auction attracted a crowd of approximately 40 people with strong bidding from 4 buyers. Company director Matt Hurlston said demand is strong in the area, buyers often being pushed out of beachside Parkdale are willing to strongly compete for a good opportunity over Nepean Highway.

Selling agent Morgan Zhang who is fluent in Mandarin assisted a Chinese developer compete for the property who has plans to secure future opportunities in Parkdale and Mentone.

Share:

Up to Date

Latest News

6 days ago•By Sarah Vo
How to Get Your Apartment Ready for Summer: A Complete Guide
As the days grow longer and the temperatures rise, summer brings a fresh opportunity to reset your living space. Preparing your apartment for the warmer months isn’t just about comfort—it’s about creating a bright, airy, and enjoyable environment that aligns with the season. Whether you’re looking to beat the heat, … Read more
Read Full Post
3 weeks ago•By Sarah Vo
The Fortress Suburbs: Where The Spillover Effect Hits A Wall
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
Read Full Post