WHERE & What would you buy at the moment?

Discussion in 'Where to Buy' started by Skyegirl, 27th Nov, 2018.

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  1. See Change

    See Change Well-Known Member

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    I’d agree with you . IMHO they’d be silly offers .

    Cliff
     
  2. Scott No Mates

    Scott No Mates Well-Known Member

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    @See Change - I recently heard about some building out west in Olympic Park. Apparently you can snaffle up certain units for a 50%+ discount on the prices they were asking for OTP. :rolleyes:
     
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  3. johnmteliza

    johnmteliza Well-Known Member

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    Here is a recent example of how hot the Mornington Peninsula market is. More the reason to buy in the Merricks/Balnarring beach area.

    $6 million Balnarring beauty is an elegant American farmstead-and-Hamptons-inspired property hidden inland on the Mornington Peninsula. The property is making waves at the top end of the market being the most viewed listing in Australia to end 2018 and kick start the new year on realestate.com.au.
     
  4. johnmteliza

    johnmteliza Well-Known Member

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    Ms McLaughlin said the Somers market had grown strongly in recent times, with plenty of buyers looking to buy holiday and weekend homes. This part of the Mornington Peninsula was growing popular among city buyers and those seeking to invest for future retirement, she said.

    79 Bayview Rd, Merricks Beach was going to sell for $2.275 million and the owners intended on re-investing back into the market by building another new home. This really shows how many people are long term residents who continue to buy back into the market after sale by upsizing or downsizing.

    Another cashed-up Mornington Peninsula buyer bought back into the Balnarring market and edged out an out-of-area bidder to own 257 Myers Rd for $1.91 million.

    Nearby typically affordable Baxter also had its price record smashed in mid 2018 with 231 Baxter-Tooradin Rd selling for between $2.5m - $2.75m. This really shows the diverse range of properties available in the area and different types of buyers in the market.