McKinnon 20 Jean: Craig Williamson of Buxton directed proceedings in front of the biggest crowd of the day - 140. Two bidders fought it out until $1,315,000.

Given this is our first report back from winter, we are giving you a flavour of what is happening in what is probably, outside of Boroondara, Melbourne’s most dynamic $M+ market. We covered the 5 major Glen Eira auctions yesterday and with an average Bidderman of 2, things have started strongly for Spring.

Results:

James Auction Reports:

17 Twisden Bentleigh:
A very entertaining auction which drew a crowd of around 100 people, who crammed into Twisden Rd to sneak a peek at Nick Renna in action. Opening on a genuine bid of $1,100,000, Mr Renna quickly responded with a vendor bid of $1,300,000. He then fielded bids from three interested parties. Inside at $1,300,600, Mr Renna returned for the business end of the auction. Although the property passed in at $1,420,000, the auction was exciting, fast and entertaining, to say the least. A buyer agent acting on behalf of his client certainly stole the show with his theatrics, but Mr Renna must be commended for his professionalism throughout. Bought after for $1,460,000.

87 Murray St Caulfield:
Bill Stavrakis opened on a vendor bid of $1,100,000 after a great preamble that was unfortunately met with silence. A bidder from the crowd of around 50 people offered another $10,000 that was at first knocked back. But when no other bids were forthcoming, Mr Stavrakis reluctantly accepted the bid in the hope it would kick start the auction. And that it did. Two other parties joined the action, with proceedings finally stopping at $1,200,000 – at which point the property was passed in. Bought after for $1,300,000.

196 Kambrook Rd Caulfield:
Bill Stavrakis did his utmost to elicit some enthusiasm from the big crowd that had gathered to watch the auction of this beautiful Victorian home, but unfortunately no one was prepared to put up their hand. Mr Stavrakis opened on a vendor bid of $1,900,000 but after receiving no bids from the crowd, was forced to pass the property in soon after.

9 Normanby Avenue Caulfield North:
Steven Abbott was ready for action, but I’m sure he didn’t expect the opening bid to come as quickly and strongly as it did. “Wow, that’s what we call a knock-out bid, a punch bid”, exclaimed Mr Abbott when the offer of $1,300,000 came from the crowd of around 50 onlookers. Three bids later the property was on the market at $1,340,000 and quickly sold for $1,380,000 – all within minutes. A good, strong result for Mr Abbott and the Jellis Craig team.

20 Jean St McKinnon:
A crowd of around 140 people spilled down Jean St to watch Number 20 sell under the hammer today. Craig Williamson, as always, delivered a strong, to-the-point, performance culminating in a sale price of $1,315,000. At one point he thought he had another bidder to contend with, but it was only a parent showing his child a helicopter flying overhead, much to the delight of the enthusiastic crowd. A great auction and solid result for the Buxton team

We only buy homes

Bentleigh 17 Twisden: Nick Renna of Hocking Stuart: Another big crowd of 100 and 3 bidders fought it out until bought after for $1,460,000.