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Some sustained stock levels and clearance rate easing. But Bidderman is still strong.

Glen Coutinho (Hocking Stuart) means business at 12 Beaconsfield Rd, Hawthorn East. Under the hammer, $1,256,000, three bidders

Glen Coutinho (Hocking Stuart) means business at 12 Beaconsfield Rd, Hawthorn East. Under the hammer, $1,256,000, three bidders

Key Points:

  • We covered 11 auctions across Boroondara on Saturday. Of those, 4 sold under the hammer, and 4 were bought after.
  • Bidders on all bar one auction.
  • Big crowd increases.
  • The biggest auction of the day was 42 Wattle Valley Rd, (Richard Winneke of ), which had an after-auction sale price in excess of $3,400,000 and a massive crowd of around 250 people.
  • 2 Berkeley St Hawthorn suprisingly sold – considering it was surrounded by for a number of overlooking flats – Robert Vickers-Willis of Abercrombys – good get at over $3,000,000

Biggest Auction of the Day: 42 Wattle Valley Rd, Canterbury, Scott Patterson, Jellis Craig, Bought after (undisclosed in excess of $3,400,000), 1 bidder, crowd of 250
“Like most people in Melbourne I love going to the football. Now, those reading this might say “what are you on about Guy? This is a property report”. Well, the picture I am trying to paint is the auction at 42 Wattle Valley Road was just like going to the football – the crowd has huge! Probably close to three hundred people. Inside the house there were queues to get into the bedrooms and trying to get upstairs was near impossible. This was anticipated as this was a very special house. You don’t get a James Buyer Rating of 805 unless it ticks all the boxes. Now back to the auction, what an anticlimax! If you were the vendor you would think there must have been a number of parties amongst the crowd looking to lock horns and fight to the death to buy this stunning home. Unfortunately there was little bidding action . After a vendor bid of $3,425,000, there was a very last minute bid of $1,000 just to secure right to after the auction.” (Guy Angwin)

Agent Q & A: What is your view on pricing?

Scott Patterson, Jellis Craig, Hawthorn:“The  market is patchy at the moment and we are seeing mixed results. The homes with the ‘wow’ factor often attract concentrated bidding at auctions and with the properties that don’t need work, there is always more interest in those as many people don’t have the time to fix them up. As for the homes with poor floor plans, it certainly affects their appeal. I would say there is a 20 per cent difference in price to those with good floor plans.”

Glen Coutinho, Hocking Stuart, Hawthorn:“Now that the government is sorted out, the market should remain healthy between now and Christmas. There is a shortage of good houses. Apart from the usual disruptions of the AFL and the racing season, there are still some good selling days.”

Bidderbuzz Auction of the Day: 34 Kinkora Rd, Hawthorn, , Jellis Craig, Under the hammer $2,690,000, 6 bidders
Auctioneer David Oster led a ripper of an auction in the highly sought-after Grace Park Estate. There was interest from the get go with an opening genuine bid of $2,000,000, promptly followed by two others from the crowd of around 150. As the price rose so did the bidder numbers – 6 in total, joining the quest to secure this Hawthorn home. The determined bidding of one at $2,500,000 saw the property go on the market soon after at $2,506,000. At $2,690,000 five bidders bowed out to the unwavering bidder left standing. The crowd erupted in applause at this strong result and quickly disappeared, most likely for a coffee at nearby “Liar Liar” to recall the entertaining spectacle of this Spring mid-morning auction.” (Julia Atkinson)

& Monitor Table:

bc

19 Campbell Road $2,140,000 Bought
BALWYN NORTH 28 Hosken Street Passed In
BALWYN NORTH 54 Hatfield Street Passed In
BALWYN NORTH 11 Ellendale Street $1,080,000 Bought
BALWYN NORTH 59 Tower Road Passed In
BALWYN NORTH 3 Tudor Court Passed In
BALWYN NORTH 219 Belmore Road Bought
19 Callanish Road 1,290,000 Bought
CAMBERWELL 1/54 Through Road Passed In
CAMBERWELL 71 Bellett Street Passed In
CANTERBURY 182 Mont Albert Road Bought
CANTERBURY 33 Wattle Valley Road $1,740,000 Bought
CANTERBURY 1/31 Logan Street Bought
CANTERBURY 42 Wattle Valley Road undisclosed Bought
CANTERBURY 36 Rochester Road Passed In
CANTERBURY 43 Faversham Road undisclosed Bought
135 High Street Passed In
GLEN IRIS 1 Clitus Avenue undisclosed Bought
GLEN IRIS 5 Rosemary Grove Passed In
GLEN IRIS 4 Wahroonga Court $2,350,000 Bought
HAWTHORN EAST 12 Victoria Grove $1,150,000 Bought
HAWTHORN 34 Kinkora Road $2,690,000 Bought
HAWTHORN 55 Melville Street undisclosed Bought
HAWTHORN 2 Berkley Street undisclosed Bought
HAWTHORN 23 Muir Street undisclosed Bought
HAWTHORN 24 Lawes Street undisclosed Bought
HAWTHORN EAST 12 Beaconsfield Road $1,256,000 Bought
63 Walpole Street undisclosed Bought
KEW 6 Mawson Street Bought
KEW 15 Wrixon Street Passed In
KEW 2 Majella Court undisclosed Bought
KEW 38 Eglinton Street Passed In
KEW EAST 47 Willow Grove $1,076,000 Bought
MONT ALBERT 363 Elgar Road Passed In
MONT ALBERT NORTH 53 Belgravia Avenue Passed In
1 Langford Street Passed In
SURREY HILLS 13 Oak Street Passed In

Forward Auction Stock Levels

upcomingstock

42 Wattle Valley Road, CANTERBURY
Not everyone in Melbourne was home watching the football on Saturday. Around 250 people watched Scott Patterson (Jellis Craig) in action at 42 Wattle Valley Rd, Canterbury. Passed in $3,425,000. One bidder. Bought after, undisclosed.

We only buy homes

590
/1000
JAMES HOME RATINGS
19 Campbell Road
4
2
2
815sqm
        Charismatic auctioneer Scott Patterson addressed the large crowd of 100, offering the many merits of this larg...
Bought: $2,140,000
756
/1000
JAMES HOME RATINGS
71 Bellett Street
3
2
2
617sqm
        Auctioneer Alastair Craig answered his own question when he asked the crowd of 40 "Where do we start?". Openin...
Bought range: $1,870,050 - $2,057,250
805
/1000
JAMES HOME RATINGS
42 Wattle Valley Road
4
4
4
1068sqm
        Like most people in Melbourne I love going to the football. Now, those reading this might say "what are you on...
Bought range: $3,634,610 - $3,998,450
603
/1000
JAMES HOME RATINGS
33 Wattle Valley Road
4
1
1
743sqm
        On this overcast Saturday afternoon in Melbourne, auctioneer James Tostevin made an opening vendor bid of $1,4...
Bought: $1,740,000
/1000
JAMES HOME RATINGS
4 Wahroonga Court
8
4
0
1273sqm
        A magnificent estate was up for grabs on this Saturday afternoon in Glen Iris. Auctioneer John Bongiorno opene...
Bought: $2,350,000
582
/1000
JAMES HOME RATINGS
34 Kinkora Road
5
2
2
476sqm
        Auctioneer David Oster led a ripper of an auction in the highly sought after Grace Park Estate. There was inte...
Bought: $2,690,000
588
/1000
JAMES HOME RATINGS
24 Lawes Street
3
2
2
346sqm
        It was the Tostevin double act with James at the helm as auctioneer, assisted by brother Hamish. The auction c...
Bought: Undisclosed
650
/1000
JAMES HOME RATINGS
55 Melville Street
5
2
1
386sqm
        A ripper sized crowd of 130 turned up on on this fine saturday afternoon, generating an exciting pre-auction b...
Bought: Undisclosed
666
/1000
JAMES HOME RATINGS
12 Beaconsfield Road
3
2
2
486sqm
        Get the crowd high on caffeine and watch those hands fly up! That seemed to be auctioneer Glen Coutinho's trad...
Bought: $1,256,000
/1000
JAMES HOME RATINGS
63 Walpole Street
5
3
3
1366sqm
        Bought Before*
Bought range: $3,165,659 - $3,482,555
/1000
JAMES HOME RATINGS
15 Wrixon Street
5
3
4
1003sqm
        The sun was just starting to edge it way through the clouds as auctioneer Alastair Craig welcomed the medium s...
PASSED IN - $2,800,000
View all 32 of this week's $Million Plus Featured Auction Reviews

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Adam's Latest Ratings
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664
/1000
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603
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617
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