Inner city Melbourne warehouse townhouses popular with buyers
Melbourne's top advised townhouse sale was 7/120 Queens Parade, Fitzroy North at $1.8 million which came mid-last week.
And a warehouse style townhouse at 22 Reeves Crescent, Richmond fetched $1.41 million.
The three-bedroom, two-bathroom Fitzroy North townhouse was architecturally designed in the reinvention of the Selotta Shoe Factory.
The Jellis Craig price guide for the 1934 three level space had been $1.8 million to $1.9 million.
It last sold at $975,000 in 2007.
The adjoining 6/120 Queens Parade townhouse, also with three bedrooms, fetched $1.8 million in April. It first sold at $406,000 in 1998.
The original factory designed is credited to architect, H V Gillespie.
22 Reeves, just off Coppin Street, was marketed by the Biggin & Scott agency as having a converted warehouse feel with a rustic industrial flare.
There are high 5m ceilings in the lounge area, plus exposed steel beams under its curved roof.
Melbourne vendors secured a 50 percent clearance rate ver the past week according to CoreLogic.
It was the priciest apartment sale across the nation over the past week.
There was a 61.8 percent success rate from the 345 apartment and townhouses results across the nation.
The national median sale price was calculated at $810,000 with Melbourne at $702,500.
Melbourne vendors had 249 auction offerings with 65 results yet to be advised.
Sydney vendors secured an 81.5 percent success rate.
