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Pascoe Vale townhouse sells for $705k at auction
Pascoe Vale townhouse sells for $705k at auction

News.com.au

time13-07-2025

  • Business
  • News.com.au

Pascoe Vale townhouse sells for $705k at auction

A young couple's six-month search for their first home has come to an emotional end in Pascoe Vale, with 3/8 Stewart St selling $25,000 above the advertised price guide after a fast-tracked campaign and a tightly contested auction. The two-bedroom townhouse changed hands for $705,000 under the hammer, with three active bidders among eight registered on the day, all of them owner-occupiers. Ray White Glenroy's Sebastian Rello said the result was fuelled entirely by first-home buyer demand. 'Not a shoebox': Windsor buyer wins big 'All owner-occupiers. Not a single investor. It was a genuine first-home buyer market today,' Mr Rello said. The new owners, Hayden Rayner and Monique Nagle, had spent the past six months looking for the right home before securing the keys. 'We were attracted to this property because of its homely feel — we're actually renting something similar,' Mr Rayner said. 'We like the area and being close to the station. It's been a long time coming … now we can finally focus on other things, like a wedding.' Set in a boutique block of just five homes, the property features two downstairs bedrooms with built-in robes, a renovated central bathroom, full-sized laundry, study nook and remote lockup garage. Upstairs, a light-filled open-plan living and dining area flows onto an oversized balcony — a major drawcard during inspections. 'The outdoor area really helped push the price,' Mr Rello said. 'It sat directly over the garage and was essentially the size of another living room. Buyers loved the idea of covering it in the future, subject to owners corp approval.' Mr Rello said the campaign was originally set to run four weeks but was shortened to three after a strong surge of early interest. 'We had over 50 inspections in just three weeks — 13 midweek groups and another 23 on Saturday in week one alone,' he said. 'With that sort of traction, we felt it was better to bring the auction forward and capitalise on the momentum. The seller made the call, and it paid off.' He said the decision helped capture rising buyer urgency across the market. 'Over the past month, we've seen a real shift. Buyers are more intentional, and if you don't act on that interest early, you risk losing them,' Mr Rello said. Despite the Reserve Bank holding steady this month, Mr Rello said expectations of a rate cut later this year were already influencing buyer behaviour. 'If you find something you like — go for it. Don't wait,' he said. 'Once interest rates drop, we'll likely see even more competition and pressure on stock. The smart buyers are getting in now, before that happens.'

EDFL: Inside Daniel Harris' first month in charge of Pascoe Vale
EDFL: Inside Daniel Harris' first month in charge of Pascoe Vale

Herald Sun

time30-06-2025

  • Sport
  • Herald Sun

EDFL: Inside Daniel Harris' first month in charge of Pascoe Vale

Don't miss out on the headlines from Essendon. Followed categories will be added to My News. Daniel Harris has now been the senior coach of Pascoe Vale for a month and his messaging isn't changing. 'I've told 'let's have some fun and go out there and enjoy your footy',' he said. The Panthers have now won three of their last four EDFL Premier Division matches to sit sixth on the ladder with a sniff of finals footy, although they sit two games back of Deer Park. Harris replaced Leigh Tudor, who moved on due to work commitments, and has helped sparked new life into Pacco's season. They recorded their best win of the year on Saturday after overcoming premiership contender Strathmore by 14 points. 'People might not realise how young of a group we've got and the amount of list turnover from last year,' Harris said. 'When I took over, I saw it as an opportunity to reset with the game. I put an emphasis on the players getting to know each other, not on the field but off it just as importantly. 'I asked them all their why. Why do they play footy and now it's something their teammates know as well. It's so important to value each other and value your spot in the side. 'You have to know what your teammates expect from you. 'We're trying to get the group closer.' Wins against Airport West and East Keilor came before a slip up against Essendon Doutta Stars where Harris said his side learnt from their mistakes. 'We haven't tried to change too much structurally,' he said. 'If I did, then that's three coaches in three years and it's a lot of changes. We've got a lot of young guys who are learning about senior footy with some older guys who are hoping they can be fast tracked so we can be right up towards the top of the ladder. 'You can see the talent is there, they just need to be taught.' Pascoe Vale now turns its attention to a trip to Greenvale as it aims to keep touch with the finals race. 'The goal was to win three of four games,' Harris said. 'The competition is so even at the moment, you can't look too far ahead.'

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