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

    4.9 out of 5 stars

    Cameron Hayne
    Cameron Hayne

    5 out of 5 stars

    posted 6 days ago

    I hired Mark to represent me at auction, I was going over seas hence couldn't attend. He provided valuable advice that won the auction with out spending the set budget! You can trust this B.A will do his best by you. 5 STARS!

    Miguel T
    Miguel T

    5 out of 5 stars

    posted 2 months ago

    Strongly recommend. Found us a great investment property and handled the whole process professionally. Mark has a deep knowledge of the market and negotiation. He was patient and responsive to all my queries.
    He also found us a tenant in short time. Really appreciate it Mark. Thanks a lot!