Pascoe Vale record broken: French Provincial masterpiece sells for $3M
A striking French Provincial-inspired masterpiece has smashed local real estate records, changing hands for a spectacular, suburb-setting $3,000,000.
Outside, a fully tiled undercover entertainment area overlooks a sparkling, mosaic-tiled heated pool and a manicured lawn.
The record-breaking sale highlights a shifting, yet highly active, Melbourne property market, Mr Allouche said.
“While the frantic pace of a year ago has leveled out, premium properties are still commanding top dollar and setting new benchmarks,” Mr Allouche said.
“The market at the moment has definitely shifted from 12 to 18 months ago, but there is definitely still activity and touchpoints there.
“It’s still a strong market, but you have to be more cautious with your buyers. It's about talking them through the process and creating the right platform for the sale.”
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