Last minute pre-Christmas auctions ahead of Santa's visit

Last minute pre-Christmas auctions ahead of Santa's visit
Last minute pre-Christmas auctions ahead of Santa's visit

Ray White Bundoora seem to be the keenest agency scheduling auctions on the Saturday before Christmas.

The agency in north east Melbourne have four homes on their books for the 23rd of December, the only agency in the country with a handful of auctions set for that date.

Two of the properties are targeting developers.

One of the homes in Bundoora is set to be traded for the first time in over three decades. It last sold for $75,000 in 1984 and is now being marketed with a $690,000 to $740,000 auction guide.

Ray White Bundoora agent Olivia Wang said its a developer's dream or a perfect opportunity for an enthusiastic renovator.

The three bedroom home sits on a near 590 sqm corner parcel and has a rental appraisal of between $350 to $400 a week.

Another developer targeted property is in Preston, nine kilometres north of the Melbourne CBD.

Offered with an auction guide of $820,000 to $900,000 through Joe Torzillo, the current run down home on 560 sqm has three bedrooms and two living areas, with a kitchen still in original condition.

It last traded for $510,000 in 2009.

The closest home to the Ray White Bundoora office is a remodelled and renovated Regan Court home (top and below).

Last minute pre-Christmas auctions ahead of Santa's visit

Complete with swimming pool on its 635 sqm parcel, it is being marketed by Joe Torzillo with $820,000 to $900,000 hopes.

A Mill Park home north of Melbourne goes to auction on the same day, located in the sought-after Rivergum Estate.

Set on 625 sqm, the family home has four bedrooms, two bathrooms and a theatre room. It has a $950,000 to $1,045,000 guide through Vanya Kostur.

In NSW there is a Gosford district offering at 3.30pm on Saturday December 23.












Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

Auctions Christmas

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