HS Preston North Report Feb2019

New opportunities are here The North Report/ 02.2019

Joe Ledda Director | Auctioneer 0418 176 858

new year. However, as the market starts to even out and calm down, now is the most opportune time to reap the rewards of a quieter market. The first quarter of the year typically brings with it those genuine buyers who have continued looking over the New Year break, meaning there are still plenty of people searching for a home just like yours. As for Auction season, this usually begins in mid-February when the kids have gone back to school. After an accomplished end to 2018 with a 45.1% clearance rate across Melbourne in the last week, we are excited to see what the new season and fresh buyers will bring!

Preston is still a steady performer, where the median value vastly outweighs that of the surrounds on a the median house price sitting comfortably at $921,000*, with 3-bedroom homes typically selling for well over the $1,100,000* mark, proving there is no time like the present to start planning your possible move. Whatever your property goals are for the next 12 months, Hockingstuart are here to assist you in achieving them. n * REIV (Market-Insights) January 22, 2019

Welcome 2019! What a encouraging start to the year it’s already been! As the hype of the ‘great price correction of 2018’ begins to calm, I can confidently say there is no time like the present when it comes to listing and selling property across Melbourne! After last year’s turbulent times, it is understandable some may be hesitant to venture out to either buy or list their home or investment this early into a

RECENTLY SOLD Preston 4/226 Gower Street


Preston 32 Erin Street

Reservoir 2/40 Crawley Street

Auction Sat 16 Mar 11:30am

SOLD $590,000

For Sale $440,000











On The Street - A Quirk Of Fate A Quirk Of Fate 289 High St, Northcote www.fb.com/AQuirkOfFate

What’s On Lunar New Year Celebrations 9th February • 9AM – 3PM Come celebrate Lunar New Year at Preston Market. Enjoy Asian inspired food stallholders, free activities & live entertainment! Preston Market

Open since 2012, A Quirk of Fate stocks a large range of products from footwear, clothing and accessories to gift and homewares. Locals flock to

The Prosecco Festival 2019 23rd February • 11AM – 8PM

this Northcote icon, where ethically produced fashion and wares are at the forefront of the owners minds. A creative institution where there is something for everyone, including handmade ceramics, leather goods and the fun, energetic vibe that only the Northern Suburbs possess. n

Explore a great selection of quality bubbles at the second annual festival dedicated solely to Prosecco. Meet growers, winemakers and taste some of the best Prosecco available in Australia. Northcote Town Hall Arts Centre

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