Southeast Melbourne- feels like FONGO again

Discussion in 'Property Market Economics' started by Younginvestor2, 14th Jul, 2019.

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  1. God_of_money

    God_of_money Well-Known Member

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    26th Jun, 2015
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    Location:
    Gold Coast
    Glen waverley vs. Vermont vs. Mitcham.. Any opinion on how is the property market doing?
     
    God_of_money, 11th Aug, 2019
    #21
  2. Jezzah

    Jezzah Well-Known Member

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    11th Apr, 2019
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    215
    Location:
    Melb
    Mitcham seems super quiet. I haven't seen much come on in the 4+ bed this year at all. Much more listing activity along the train line as you move closer to the city.

    Can't speak as much to the Glen or Vermont
     
    Jezzah, 12th Aug, 2019
    #22
  3. Younginvestor2

    Younginvestor2 Well-Known Member

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    26th Dec, 2015
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    Location:
    Sydney
    Can’t comment about Vermont and Mitcham.
    Glen Waverley is super hot at the moment.

    Attended 1 Panoramic grove Glen Waverley
    1 Panoramic Grove, Glen Waverley, Vic 3150
    4-5 bidders. Sold for $2.1455m. Last year and early this year few houses on same street sold $1.63-1.75m

    Also attended 7-8 Somers Ct Glen Waverley
    Property Report for 8 Somers Court, Glen Waverley VIC 3150
    2 properties side-by-side sold together. First bid around $2m. About 70 bids later. The winning bid was $3.21m
     
    Younginvestor2, 12th Aug, 2019
    #23
  4. hieund85

    hieund85 Well-Known Member

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    16th Nov, 2017
    Posts:
    1,068
    Location:
    Melbourne
    Good houses in Vermont/Vermont South are flying through the windows with sold price around 5-10% above comparable houses sold late 2018 to early 2019.
     
    hieund85, 13th Aug, 2019
    #24
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