Ormond; 7 Bethell: Andrew James put in one of the more powerful auction performances for the year. Bought for 1,320,000. 4 bidders.
Today the Auctions around Glen Eira were a mix of pleasure and pain.
Yes, prices continued in the million dollar mark. But more then a few homes passed in without a shot.
Does this say the market is slowing or does this say vendors need to be pegged down?
| Rating | Suburb | Address | Quote | Result | ||
| 631 | BENTLEIGH | 49 Bent Street | $950,000 – $1,025,000 | May 8 2010 | 12:30pm | Bought |
| 737 | BENTLEIGH | 1 Werona Street | $1,100,000 – $1,200,000 | May 8 2010 | 1:30pm | Passed In |
| 643 | BENTLEIGH EAST | 6 Stockdale Avenue | $900,000 – $990,000 | May 8 2010 | 12:00pm | Not Reported |
| 749 | BENTLEIGH EAST | 1 Curdies Street | $870,000 – $940,000 | May 8 2010 | 12:30pm | Bought |
| 660 | BENTLEIGH EAST | 12 Abbin Avenue | $860,000 – $920,000 | May 8 2010 | 2:30pm | Bought |
| 656 | BENTLEIGH EAST | 3 Shrewsbury Street | $1,100,000 – $1,200,000 | May 8 2010 | 12:30pm | Passed In |
| 701 | ORMOND | 14 Tyrone Street | $1,800,000 | May 8 2010 | 2:30pm | Passed In |
| 672 | ORMOND | 7 Bethell Street | $1,000,000 – $1,100,000 | May 8 2010 | 11:30am | Bought |
Ian Whiteside (Hocking Stuart) advised that “This year the property market in Bentleigh continues to be very strong”.
He ran a solidcampaign on a good looking Californian Bungalow at 49 Bent Street Bentleigh, which was bought today for $1,205,000
Another successful campaign was from Angelo Nikitas (Buxton) who had a 818sqm land and home at 1 Curdies Street Bentleigh East
which was bought for $1,037,500.
Other properties bought in Glen Eira of Interest
- 13 Reserve Av CARNEGIE (Gary Walton of Hocking Stuart) $1,400,000
- 3 BrackenRd CAULFIELD SOUTH (Eyal Malka Gary Peer) bought for $1,250,000
- 14 Long St Elsternwick (Leonard Persichetti of TBM) which almost cracked the magic $2 million mark last Sunday at $1,950,000
Buying your dream home contains lots of emotion, confusion and tactics.
To see an under-bidder today in tears shows how tough the market is mentally and emotionally. It affected me.
You just need to pick yourself up and move on to the next property.
Stay Focused & Stay Happy
While those around him faltered the Rock Star aka Nick Renna pulled a huge crowd to 3 Shrewsbury Bentleigh East. 150 people. Bidderman 3. Passed-In - we assume for a good reason.
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