How to sell a Boondall home

Lower priced end of the market still attracts strong demand as Boondall home sells for an extra $30,000

A combination of knowing the right buyers and a property with a low price point has enabled Brad Walker to sell a Boondall home for a price most people thought impossible.

“The sale of this property proves that there is still great interest from developers for sites situated in the popular lower end of the market,” says Brad Walker.

“As soon as we started contacting our database of over 500 developers, we were shocked at how much interest there was in this Boondall property.

“We received 38 enquiries from developers soon after we started promoting the development potential of this property.

“Usually we get about 10-15 enquiries per sale.”

Boondall home sold for an extra $30,000

Why such a great sales result?

“Like most things in life, it often comes down to who you know,” said Brad.

“The moment we had this property to sell, I accessed our strong buyer database and immediately the interest in this property started to grow.

“The property is suitable for six townhouses and we sold it for $470,000”.

“With so many buyers interested, this created competition which lead to the property selling for $30,000 more than what was expected.

What did Henry Dawson, whose mother was the vendor, think about the sale?

“Realistically I thought we were going to get $440,000 for Mum’s home, so to sell it for $470,000 was a great result,” said Henry Dawson.

We asked Brad, is this level of developer interest normal?

“It depends on the property and the agent’s connections with developers.

“Unfortunately some local agents don’t have the number of buyers we do on our books,” said Brad.

“Amazingly, earlier in the year the neighbouring property, which was far superior as it had a development approval and was a corner site, sold for $500,000.

“You must remember Best Use Real Estate specialises in matching properties with development potential with a key group of developers cashed up and ready to buy.”

To find out what your home is worth today please contact Brad Walker - Best Use Real Estate for a FREE report on 0448 887 937.