Mal James

50/50 on the big stuff. A number of pass-ins but still 15 sales over a million in Melbourne’s north

Hmmm - no bidders. Oh well I will have to sell it afterwards. David Oster 21 Mount St Eaglemont. Passed In for $1,000,000.

Hmmm - no bidders. Oh well I will have to sell it afterwards. 21 Mount St . Passed In for $1,000,000.

The standout auction was not necessarily a residential one with a development site going for $3,160,000 or $1600 per sq metre at 20 Park St Moonee Ponds (Andrew Johnstone of )

Some good home sales

  • 11 Bangalore Street in Kensington (Tony Downward of Biggin and Scott) and nice looking home  with all the bells and whistles went over reserve and was bought yesterday for $1,248,000.
  • 40 Batman Aberfeldie (Fabian Rosin 0f Nelson’s) just near Clifton Park was bought for $1,187,000. Not the greatest of floorplans but plenty of accomodation and in a good location.

Northcote looking a $million
We are getting more requests to look at Northcote million dollar homes and there were two good buys yesterday with 1 Traill Northcote (John Costanzo of Chambers) in the Merri Creek Precinct going for $1,190,000 and 39 Gadd (Janine Ballantyne of Nelson Alexander) selling well over its $900,000 quote for $1,101,000. Add to these the two sold befores at 25 Beaconsfield (Michael Fry of Nelson Alexander’s) and 24 Vauxhall (Michael Divito of Barry Plant) and you can say it was a big week for $Million Northcote

Sales
A couple of land sales in Ivanhoe and  providing good market knowledge with 54 Otterington (Anthony Lapadula – ) selling undisclosed for around $1700 per sq metre and 50 Wilfred (Tim Picken of Jellis Craig) selling for $1,210,000 or around $1575 per sqm and 7 Central Ave (Sally Kirwan of )in the coveted  Fairy Hills estate selling at $1,377,000 or $1765 per sq metre.

Northern Melbourne Auctions – 22 monitored – 13 bought – 59% clearance rate

    Passed In Bought Not Reported
EAGLEMONT 21 Mount Street 1,000,000    
IVANHOE 3a Rose Street 1,000,000    
ESSENDON 47 Vanberg Road 1,050,000    
LOWER PLENTY 125 Old Eltham Road 1,150,000    
ABERFELDIE 51 St Kinnord Street 1,160,000    
ESSENDON 1 Edward Street 1,180,000    
ESSENDON 34 Buckley Street 1,280,000    
ASCOT VALE 75 Maribyrnong Road 1,930,000    
ALPHINGTON 18 Ross Street   Undisclosed  
EAGLEMONT 5a Albert Jones Court   Undisclosed  
ESSENDON 4-6 Croft Street   1,646,000  
ESSENDON 45 Roberts Street   Sold Before  
IVANHOE 7 Central Avenue   1,377,000  
IVANHOE 29 Valentine Street   1,330,000  
IVANHOE EAST 54 Otterington Grove   Undisclosed  
IVANHOE EAST 50 Wilfred Road   1,210,000  
KENSINGTON 11 Bangalore Street  
/1000
JAMES HOME RATINGS
21 Mount Street
0
0
0
607sqm
        Not much to say really - an opening vendor bid of $1,000,000 and then silence. David Oster of Jellis Craig tri...
Bought: $950,000
/1000
JAMES HOME RATINGS
54 Otterington Grove
3
2
1
813sqm
        Early morning auction and a small turn out for the sale of a new building site in Ivanhoe East. Bidding opened...
Bought range: $1,356,985 - $1,492,825
View all 35 of this week's $Million Plus Featured Auction Reviews

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