Kew Property Success Story
By Michael Katsaris
As we reflect on our recent achievements in Kew, one story stands out, encapsulating our commitment to excellence and client satisfaction. After a decade of managing 23 Albert Street as a rental, delivering consistently above-market rent (5-10% more), we had the privilege of handling its sale. Our client’s trust, cultivated through years of fuss-free management and minimal vacancies, led to a remarkable auction outcome last September.
23 Albert Street, Kew
Sold: 16th September 2023 for $4,930,000
Land Size: 706 sqm
Achievement: $6,983 per sqm, a testament to our strategic marketing and negotiation skills.
This sale not only underscores our expertise but also sets a new benchmark in the Kew property market, especially when compared to other recent sales in the vicinity:
22 John Street, Kew
Sold: 11 July 2023 for $5,000,000
Land Size: 836 sqm
Price per sqm: $5,981
13 Fellows Street, Kew
Sold: 16th September 2023 for $4,010,000
Land Size: 801 sqm
Price per sqm: $5,006
These figures not only highlight the exceptional results we achieve for our clients but also our deep understanding of the Boroondara real estate market. Our approach is tailored, our service unparalleled, and our results speak volumes.
To our sales team, every property is a priority, and every client’s success is our success. Whether managing your investment or navigating the complexities of selling your home, we bring a decade of excellence to your real estate
Residential Property Management Experts in Balwyn
Owning a rental property in Balwyn is a different game to owning one in, say, Footscray or Frankston. The streets are leafy, the school zones are some of the most fought-over in Melbourne, and there’s a constant pool of families and professionals who want to live here. That demand is great news for landlords. But it doesn’t manage itself, and a property that looks good on paper can quickly become a headache if it’s not handled properly. That’s the gap that Residential Property Management Experts in Balwyn are meant to fill.
Australian Property Auction Market: Weekly Report
May wrapped up with the property market feeling the squeeze, and it was pretty evident across the board. Sydney, Melbourne, and most of the other major capitals finished the month with clearance rates stuck below the kind of numbers you’d associate with a proper seller’s market. Higher interest rates, stretched affordability, and an ongoing cloud of policy uncertainty are all playing into this, and buyers know it.
Australian Property Auction Market: Weekly Report
This Australia property market weekly update provides a snapshot of the latest auction activity, buyer sentiment and market performance across Australia’s major property markets.
Australia’s auction market is starting to find the right track with both Melbourne and Sydney posting modest gains in clearance rates over the most recent weekend. Market activity is starting to show increasing expectations of interest rate relief, along with a slow pickup in buyer confidence.
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