Villas back in vogue
McGrath, St Kilda, sold the one-bedroom apartment at 2/5 Westbury Grove to a first-home buyer. “The fact it was a smaller, more solid, established build attracted the buyer to the property,” said selling agent Michael Townsend.
“We are seeing that firsthome buyers are more attracted to these established properties, while it is investors looking at the new developments.”
Auction numbers are up this week, with 1110 scheduled for the metropolitan area.