Better Results Then Expected: Doncaster

The selling tactics of the homeowners of a modest Doncaster property have paid off. The property on Doncaster Rd, had been occupied by the owners for the last 30 years, and was initially valued pre-auction, at between $1,700,000 to $1,800,000. The owners however, wanted to put the property on the market at $1,650,000.

Mark Ribarsky says, “The auction for this property was slow to start. It took around 40 minutes, and 90 bids, but they reached the final sale price of $1,868,000! I believe the reason why it gained such competitive bidding was because of the 812sq m block, and the DD08 zoning, which allows developers more wiggle room with high density construction, and low restrictions.”

 

Mr. Ribarsky states, “The property prices in Doncaster have increased 2.4 per cent in the 12 months up until April 2017. The median is now $1,280,000. With such big blocks in the area, Doncaster, and the surrounding suburbs are a developers dream”

By Mark Ribarsky

 

 


 

Related Articles:

Successful Property Investment

What to Consider Before Purchasing Your First Property

Buyer’s Agent South Eastern Suburbs Melbourne 

  • +61 3 9982 4545





    Your Name *
    Your Email *
    Phone Number
    Your Message
  • Wise Real Estate Advice

    Wise Real Estate Advice
    Reviewed from Google

    5 out of 5 stars

    Hari Krishnan
    Hari Krishnan

    5 out of 5 stars

    posted 3 months ago

    I found Mark through Google!!!.
    Since my first meeting I felt so confident in Mark's ability and experience in being able to deliver a great result. I was very much impressed with Mark's service as he made the whole process easier and stress free!!!!

    I am really happy because I bought exactly what I was looking for and it was well under my top budget. Most importantly We did it within few weeks.

    Since day one Mark was very pro-active.

     Mark emailed multiple properties every week within my search parameters and wish list.
     Mark allowed me to be involved as much as I wished.
     Mark inspected the properties I liked.
     Mark explained the positives and negatives about each property.
     Mark held a pre-auction meeting and attended the auction
     Mark's strategies and suggestions like where he’ll stand during the auction, how he’ll handle the negotiation etc. etc. and through to the final shaking of hands inside the house all played out in a positive way.

    Thank you Mark for all your work in getting me the right house for the right price!

    I highly recommend Mark for everybody who wants to find a good place to live or invest.

    Many, many, many thanks!

    alok desai
    alok desai

    5 out of 5 stars

    posted 1 month ago

    Mark helped us find our first Investment property and it has been a great experience for us. He made it so easy for us and took away all the stress about the whole process, was very patient and very responsive will all the queries we had and helped us in every step of the way to find us our ideal property. Thank you again for all your efforts Mark.