Records keep fall­ing

Herald Sun - Property - - MARKET WRAP -

Prahran per­form will be a good in­di­ca­tor of how this de­bate af­fects ven­dor and buyer con­fi­dence,” he said.

Mr McCabe said seven out of eight Prahran apart­ments sold last week­end.

Hock­ing Stu­art, Ar­madale, di­rec­tor An­drew Sum­mons said an in­vestor paid $800,000 to beat three other bid­ders to se­cure the first floor Art Deco apart­ment at 2/47 York St, Prahran, un­der the ham­mer.

“It was a good strong re­sult,” Mr Sum­mons said.

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