The $3,110,000 sale of a renovated Victorian property has smashed the 2020 suburb record of Williamstown – a good sign for Melbourne’s real estate market amidst the coronavirus lockdowns.
The five-bedroom property, at 33 Laverton Street, was originally scheduled for auction, but with restrictions limiting the number of people able to attend Melbourne auctions, an expressions of interest campaign achieved the significant sale price.
Sweeney Estate Agents Director, Dean Stanley, told OzHomeNews about the charming property, and how the difficult circumstances are affecting business.
“It is a good family home on a good family-sized block of land, on one of the best streets near the waterfront in Williamstown,” he said.
“The property has two street frontages and it is one of the survivors which hasn’t been subdivided or anything like that.”
“The front principal rooms are Victorian built around 1890, but have been fully renovated, and then there was an extension done around seven years ago.”
“It has still retained all its period features and everything like that, so it’s a really nice blend,” said Mr Stanley.
Buyers from neighbouring suburbs showed an interest in the home, but it was sold to a Williamstown local for just over $3.1 million, leaving all parties happy with the end result.
“We had interest from people in Port Melbourne and Yarraville but the ultimate buyer was a young gentleman who grew up in Williamstown and wanted to get back to Willy!” said Mr Stanley.
“The vendors are really happy because it is actually the only property to sell over $3 million in Williamstown this year,” he said.
Melbourne’s lockdown extensions have seen property transactions dry up, with the city’s auction market all but grinding to a halt.
“It is very tough, if you can’t show, you can’t sell,” said Mr Stanley.
“It’s very hard to sell real estate via video calls, especially in this kind of price range,” he said.
33 Laverton Street, Williamstown, Vic 3016