Melbourne auction tipping
A three-bedroom single-fronted terrace with a perfect floor plan should generate strong interest at its weekend auction.
For those who want to have a harmless punt, there's now a tipping website, www.propertytycoon.com.au, where punters can guess auction five results in Melbourne and Sydney, with no outlay. It's mostly about testing your market knowledge with a small cash prize as a sweetener.
If you are searching for an original single-fronted terrace then you cannot get much better than 19 Lee Street, Flemington, one of the five Melbourne properties going to auction this weekend in week five of the competition. The property sits proudly in one of Flemington’s finest tree-lined streets, within walking distance of shops, transport and other amenities.
Inside the floor plan is perfect with three bedrooms, a central bathroom and living room flowing onto a private courtyard. They do not get much better than this one, and I would expect strong interest on Saturday, although in this market who knows what will happen!
The property was last sold in January 2001 for $285,000, and agent Paul Harrison from Marston Cook has indicated interest around $800,000.
If you think you know what it will sell for place a tip at Property Tycoon.
