Melbourne turns to townhouses at weekend auctions

The four bedroom townhouse at 41A Fifth St, Parkdale sold through Lewin Real Estate

Melbourne turns to townhouses at weekend auctions
Melbourne turns to townhouses at weekend auctions

The priciest townhouse to sell on Melbourne's second weekend in lockdown was at 41A Fifth St, Parkdale.

The four bedroom offering secured $2.01 million, well above its $1.5 million to $1.6 million price guide.

It came with a striking cedar-clad facade.

The contemporary town residence was built by Waldecon Builders within an easy walk of the village.

It came with oak floors, Caesarstone kitchen, alfresco patio complete with infra-red heaters and a dedicated study with workstation.

There was a second living area on the upper level marketed as "sought-after inclusions for today’s families."

It was on one of beachside Parkdale’s prized numbered streets, having first sold in 2017 at $1.48 million after its design by Elevation7 Architects. 

Melbourne turns to townhouses at weekend auctions

Other townhouse sale notifications in Melbourne included 18A Gladhall Avenue, Thornbury which sold pre-auction in May at $1.8 million.

The 18A Fulton St, St Kilda East townhouse sold at $1,645,000 on a Zoom auction through Buxton last Thursday.

Its price guide had been $1.4 million to $1.47 million. It last sold at $1,112,500 in 2013.

It was marketed as having sumptuous style from its current vendor, an interior designer.

Three sets of French doors unfold to a series of sun filled entertaining decks cocooned in the perfectly private gardens.

CoreLogic calculated there was a 63 percent success rate from 625 apartment and townhouse auction offerings.

The success rate from the 2066 houses was 76 percent.

Sydney apartment vendors saw a 70 percent success rate compared to Melbourne's 56 percent.

There were 312 offerings across Sydney compared to 268 across Melbourne.
 

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

Tags: 
Melbourne apartmentsm Townhouses

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