Real Estate & Home

Seven bidders push Bundoora fixer $95k above price guide

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The article discusses a property sale in Bundoora, Victoria, where an original-condition home sold for $755,000, which was $95,000 above its price guide. Here are the key points:

  1. Property Details:

    • The property is located at 1230 Plenty Rd, Bundoora.
    • It attracted 78 groups during inspections over a four-week sales campaign.
    • Seven bidders actively participated in the auction.
  2. Sale Outcome:

    • The home sold for $755,000, exceeding the seller's expectations of around $700,000.
    • It was listed with a price guide of up to $660,000.
  3. Seller’s Background:

    • The property has been owned by the seller's mother since about 1998.
    • Initially used as an investment and later for personal use when the seller was younger.
    • Sold due to the aging condition of the house and its difficulty to maintain.
  4. Location and Features:

    • Located on Plenty Rd service lane with nearby tram access.
    • Close proximity

Read the full article at Property News - Latest Real Estate Market News


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