McKinnon tops weekend auction results
A freestanding townhouse at McKinnon in Melbourne's south east was the top weekend auction listing.
There was a pre-auction $2.16 million sale of the four bedroom, three bathroom townhouse at 33 Windsor Avenue (pictured) through Buxton.
It was snapped up in just 15 days, forcing would-be buyers into a hasty decision as to whether to compete for the offering which had been listed with $2 million to $2,075,000 price guidance.
The next priciest sale was $1,951,000 for a beachfront townhouse at 6A Wallum Road, Edithvale which came with a $1.85 million to $1.95 million price guide through Buxton. It had traded at $1.2 million in 2010.
The McKinnon sale offering marketed the home as "in the heart of the McKinnon College zone and within a walk of McKinnon’s latte strip and station."
The townhouse was designed by Pink Architecture and constructed by boutique builders, PMC Group.
It had four bedrooms plus home-office along with 3.5 bathrooms.
Its first-floor master-domain came with dual-vanity ensuite.
The suburbs sees the MCKN apartment project nearing its late 2021 completion.
It too is in the McKinnon Secondary Zone.
DealCorp's MCKN has five levels with 41 apartments and a streetside cafe below, with a design by Ritz & Ghougassian.
Prices of available two bedroom apartments start at $755,000.
The Chadstone and Southland Shopping Centres are a 10 minute drive.
Melbourne auction vendors secured a 66 percent success rate from the 264 results of its apartment and townhouse listings.
Melbourne's prior weekend saw 285 results with a steady 66 percent success rate with a $670,000 median apartment price with the top townhouse sale being a four bedroom offering at 199A Beach Rd, Mordialloc which fetched $2.35 million.
Sydney saw 172 results with a 74 percent success rate.
Nationally there were 468 results across all the capital cities with a 68 percent success rate and a $750,000 median price.