Auction sales remain strong with 879 auctions scheduled in Victoria this week and with the results collected thus far a 75% clearance rate has been recorded. There has been a resurgence in Auction sales in the South East Suburbs within the municipalities of Cardinia, Casey, and Greater Dandenong. The team at OBrien Real Estate achieved a 82% success rate at auctions this week with an average day on market of 26 days. A notable sale in Narre Warren North this week which required by request of the vendor formal registration of bidders prior to the auction. There were 16 registered bidders of which more than a dozen competed for the property with an eventual selling price of $1,970,000.
Property Managers & Real Estate Agents Mornington
Situated right next to the bay, it’s an ideal spot for either an investment or owner-occupied place of residence. Featuring an abundance of restaurants and cafes, being known as a great place for shopping, playing a few rounds of golf, and with a huge amount of educational facilities, it’s just bursting with amenities.
If you’re a resident of beautiful Mornington Peninsula and you’re thinking about selling your property, speak to the area experts. We’re well-versed in the local real estate market due to our many years of experience, and we stay incredibly vigilant with current and past market figures. Trust us to take proper care of the sales process, because we understand first-hand that it can be quite a stressful experience and as such we approach it with a personal touch and sincere compassion. Our strong network throughout the O’Brien group means we can offer the most comprehensive property services, with a wealth of marketing knowledge at your disposal.
Why we’re different from the rest
How we differentiate ourselves from everyone else out there is that at O’Brien Real Estate Mornington, we hold the importance of constant communication with our vendors and clients in the highest regard. Over the many years that we’ve been in the industry, we’ve found that what makes the whole process as stress-free as possible is continuous updates, and explanations of our methodology and why we’re doing what we are.
Also, knowing that this may very well be the biggest and most important investment that most of us face, our agents make sure to go well and truly above and beyond for each individual vendor we work with. Backed by a myriad of experience in the real estate industry, you can put your mind at ease that we’ll achieve the best price for you, whether it’s sale or rental.
Real Estate Appraisal and Property Valuation Mornington
How much is your Mornington home worth? There are many factors when valuing a home. How far are the schools and shops? Is there public transport nearby. Is your house in a court or on a busy street? Are the parks and gardens in the area. To get a true indication of a properties value our appraisers take into account all those factors. We have an understanding of market prices in Mornington. View our list of recently sold homes in Mornington, Mount Martha and surrounding suburbs along the Mornington Peninsula.
Mornington’s Real Estate Trends
There’s been a rather rapid growth in regards to median housing prices in the area from 2007 ($310,000) until 2019 ($775,000). Units have seen a similar growth end to end, although there was a slight decrease mid-2013 it gained traction again and is currently at $610,000 as of April 2019. As we’re sure you will too, we absolutely love Mornington Peninsula which is why we get involved where we can by sponsoring the Mt Eliza Junior Football Club, Peninsula Old Boys Football Club and the Men’s Tuesday Night Tennis Comp at Mornington Tennis Club.
Leading Property Management Mornington
Finding and securing respectable tenants for your investment property can be incredibly tiring. To rid yourself of the headache, talk to one of our friendly rental managers. We’ll secure the best tenants and make sure you see the best rental yield. We exhibit a commitment to always delivering upon, and exceeding our vendors’ property management expectations.
Call us to organise an appraisal
Ensure you make the right decision regarding one of the biggest financial transactions you’re likely to make in your lifetime – Choose O’Brien. Take advantage of a free appraisal today by contacting one of our professional Mornington real estate agents on (03) 5975 7733. We can also connect you to the highly knowledgeable property management team. Our branches are all over Victoria; Frankston, Chelsea, Mentone and more.