/Mitcham secures highest number of successful sales in Whitehorse

Mitcham secures highest number of successful sales in Whitehorse

A renovated beauty at 35 Barkly Terrace, Mitcham sold this year.

Mitcham was Whitehorse’s most popular suburb in 2018, with more properties changing hands in the family-friendly pocket than anywhere else in the municipality during the year.

There were 170 sales there in the 12 months to September, according to CoreLogic.

It pushed past numbers in bustling Burwood and Box Hill North, where there were 158 and 135 sales respectively.

RELATED: Almost two-year wait for buyer finally ends for Burwood vendor

Mitcham home’s renovation results in “crazy” auction and sale $157,000 above reserve

Box Hill on the move again as work begins on 29-storey East Central Tower

The property sold for $1.457 million.

Mitcham had the highest number of house sales in Whitehorse in 2018.

Jellis Craig Blackburn’s Daniel Bullen said the Mitcham market offered good value to buyers.

“Most homes are being knocked over or renovated, which is improving the street appeal for most homes in the vicinity of school zones and trams,” he said.

“Buyers living 10 to 20km away have been attracted to Whitehorse because of the great value this year.”

It sold $157,000 above reserve at auction.

Mitcham also had 90 unit sales in the 12 months to September 2018, CoreLogic records show.

A huge number of listings hit the market in winter, he added.

An auction at 35 Barkly Terrace was a highlight of Mitcham’s market this year, selling $157,000 above reserve for $1.457 million.

Philip Webb Doncaster East sales agent Michael Webb said there were about four to five bidders competing for the renovated home, which blended an original weatherboard facade with a chic contemporary extension.

“The upgrade caught a lot of people’s eyes — it’s unique for this area and you don’t see many like it,” he said.

Mitcham also had 90 unit sales during the same time, CoreLogic data shows.

70 Somers St Burwood

A mansion at 70 Somers St, Burwood sold in October.

70 Somers St Burwood

Burwood had 158 house sales.

Burwood closely followed with the second highest number of house sales, with 158 houses and 91 units changing hands.

One particular property to change hands, at 70 Somers St, had been on the market since 2016 before securing a $2.43 million sale in October.

“We had several inspections for the property and also had to revise the asking price during the private sale campaign,” LLC agent Yin Yin Loh said.

1 Leach Ave, Box Hill North was one of the suburb’s most expensive sales.

It sold for $2.58 million.

Box Hill North rounded out the top three suburbs for house sales, with 135 properties changing hands in the 12 months to September.

For units, bustling Box Hill took out the highest number of sales, which was no surprise to agents.

East Central Tower has started being built in Box Hill.

Box Hill, coined Melbourne’s “mini-CBD”, continued to draw buyers to the table, Woodards Blackburn agent Julian Badenach said.

“Everybody is keen to get a piece of Box Hill, because they know the government’s long-term vision of it being a small city will continue to improve its value,” he said.

The buzzing suburb will continue to grow, with a 29-storey apartment building at 820 Whitehorse Rd due for completion 2020.

READ MORE: Late footy legend’s Brighton home finds new owner

Top sales for Northcote dream homes

Mansions in Toorak, Portsea, Moonee Ponds among the most striking dream homes