The tightly-held land holding at 31 Aurisch Avenue, Glen Waverley attracted strong interest from buyers, as it contained the potential to build two dwellings, with a size of 748sqm.
4 days after the property was placed on the market, it was sold for $1,450,000, representing a land rate of $1,938/sqm.
"I am very, very happy. I sold my house within 4 days and I got the price that I wanted.” Vendor, Karen White said.
Ms White was also pleased with the level of consideration and communication that she received from Shufang Zhao and the First National Waverley City team during the process.
"The property's location in the sought-after Glen Waverley Secondary College Zone and proximity to The Glen and Glen Waverley Train Station was a key drawcard attracting a strong level of interest." Shufang Zhao revealed.
Shufang Zhao mentions that despite recent changes in Foreign Investment Review Board application fees and major Australian bank ceasing lending to foreign property buyers, local buyers continue to create high demand in the area.