BY ADAM WOLEDGE 4th December 2010
Balwyn 12 Knutsford, The old boy's in a good mood - it must be selling. Tim Derham and the effervescent Lisa Jarrett of Abercrombys. Bought under the hammer for $3,520,000. 4 bidders.
Today’s Highlights:
- Balwyn 32 Stephens, Maurice Di Marzio, Bought under the hammer for $3,800,000 – 4 bidders
- Balwyn 12 Knutsford, Tim Derham, Bought under the hammer for $3,520,000 – 4 bidders
- Kew 1 Stawell, Gowan Stubbings, undisclosed Bought after – 2 bidders
- Kew 3-5 Rimington, Scott Patterson, Bought After above $3,650,000 - 2 bidders
Off Market
- Hawthorn 26 Fordholm, Michael Armstrong, Over $5,000,000
Not so Highlights:
- Canterbury 34 Maling, passed in $4,600,000
Agent Q & A: If you were a buyer, how would you buy a house over the next two months, during the Christmas break?
Mark Dayman, Marshall White, Hawthorn: “We acknowledge that the property numbers in The Age and the local paper are reducing each week leading up to Christmas. Subsequently a number of buyers that have sold first or recently come in from overseas/interstate are still actively looking preferring to buy now and to be settled prior to schools returning in early 2011. Buyers should register their details with an agent or agency they know will be working through the Christmas New Year break. Already most agencies have forward bookings now for February-March and willing vendors receptive to negotiating prior to auction and effecting a sale with the highest possible price shortest possible time frame least amount of stress. Bear in mind that owing to the Spring volume a few good properties have slipped through the cracks and these opportunities should again be pursued.”
SURREY HILLS, 32 Redvers St | James Tostevin (Marshall White)
Under Hammer: $1,870,000 - 4 Bidders (Photo: Amy Wong)
Bidderbuzz Auction
"After a miserable last weekend, today's fine weather brought the families and neigbours out and beefed up the number attending this auction to a largish 70. Auctioneer James Tostevin, asked for some audience participation and, when there was none, a vendor bid of $1,700,000 was put forward. However there was geniune interest in the home and the bids came out slowly and steadily. When the bidding reached $1,800,000 someone in the audience asked if it was on the market - it was not. When the bidding reached $1,820,000 Mr Tostevin dissappeared inside to ask the same question to his vendors. The price was not was not quite enough and after some more drawn out bidding the property was procliamed on the market at $1,860,000. A few moments later, the winning bidder fought it out amongst 3 others to be the eventaully buyer for $1,870,000. A good result." (Amy Wong)
Biggest Sale: BALWYN NORTH, 32 Stephens St
Maurice Di Marzio (Hocking Stuart); Under Hammer, $3,800,000 - 4 Bidders "There was no mucking around today. Auctioneer Maurice Di Marzio opened with a vendor bid of $3,600,000, asked for rises of $25,000 and the bidders quickly followed. There was one bid, then a second which was promptly followed by a third and, with the help of a fourth bidder, it did not take long for the price to reach $3,800,000. At this point Mr Di Marzio consulted with his vendors and announced the home was on the market. Interestingly, this did not spur on further bidding and the hammer was knocked down at $3,800,000. Overall a average sized crowd of 50 and an expected result. " (Amy Wong)
Biggest Pass In: KEW, 2 Segtoune St
Scott Patterson (Jellis Craig); Passed In: $2,450,000 - 0 Bidders "As the crowd assembled in the living area to escape the heat there was an optimistic buzz in the air. True to form, auctioneer Scott Patterson's professional manner and clear introduction delivered a solid final sales pitch for this property. Unfortunately the buzz and introduction were not enough to entice any level of activity from the 60 strong crowd. After two vendor bids of $2,400,000 and $2,450,000 respectively, the property was passed in on a vendor bid. It was a clear surprise to the Jellis Craig team and also to a large proportion of those gathered. " (Dustin Cracknell)
$1M+ boroondara Featured Auctions
803
BOUGHT: $3,520,000
UNDISCLOSED
JAMES HOME RATINGS
BOUGHT: $3,800,000
UNDISCLOSED
JAMES HOME RATINGS
PASSED IN: $1,965,000
586
BOUGHT RANGE*: $1,328,215 - $1,461,175
UNDISCLOSED
JAMES HOME RATINGS
BOUGHT*: Undisclosed
No report
620
PASSED IN: $2,450,000
673
BOUGHT RANGE*: $3,740,100 - $4,114,500
652
BOUGHT: $1,870,000
boroondara Scheduled Auctions
| ADDRESS | RESULT | PRICE | IMPROVED $/SQM | BOUGHT |
|
| BALWYN |
| 12 Naroo Street | Passed In | PI: $1,550,000 | | |
| 12 Knutsford Street | Bought | $3,520,000 | $2,532 | 2010-12-04 |
| 19 Oakdale Avenue | Passed In | PI: $2,000,000 | | |
|
| BALWYN NORTH |
| 7 Columba Street | Bought | $1,215,000 | | 2010-12-04 |
| 32 Stephens Street | Bought | $3,800,000 | $1,944 | 2010-12-04 |
| 42 Woodville Street | Passed In | PI: $1,225,000 | $1,944 | 2010-12-04 |
| 60 Viewhill Road | Bought | $1,215,000 | $1,655 | 2010-12-04 |
| 6 Rookwood Street | Bought | $1,215,000 | $1,576 | 2010-12-04 |
|
| CAMBERWELL |
| 66 Hunter Road | Passed In | PI: $980,000 | $1,576 | 2010-12-04 |
| 2/13 Halley Avenue | Bought | Undisclosed | | 2010-12-04 |
| 26 Fairfield Avenue | Bought | $1,700,000 | $1,824 | 2010-12-04 |
| 18 Fairfield Avenue | Passed In | PI: $1,900,000 | | |
| 24 Athelstan Road | Passed In | PI: $1,175,000 | | |
| 29 Inglesby Road | Bought | Undisclosed | | 2010-12-04 |
|
| CANTERBURY |
| 34 Maling Road | Bought | Undisclosed | | 2009-04-01 |
| 20 Erica Street | Passed In | PI: $1,810,000 | | 2009-04-01 |
| 169 Mont Albert Road | Bought | Undisclosed | | 2010-12-04 |
| 31 Parlington Street | Bought | Undisclosed | | 2010-12-04 |
|
| GLEN IRIS |
| 21 Peace Street | Bought | Bought (2010-12-15) - R: $1,246,700 - $1,371,500 | | 2010-12-15 |
| 5 Hortense Street | Bought | $1,270,000 | $1,354 | 2010-11-18 |
| 24 Barina Road | Bought | R: $1,852,788 - $2,038,260 | $2,666 - $2,933 | 2010-12-04 |
| 26 Fuller Avenue | Bought | $1,010,000 | $1,672 | 2010-12-04 |
| 3 Denman Avenue | Bought | $1,200,000 | $1,615 | 2010-11-18 |
| 4 Florizel Street | Bought | Undisclosed | | 2010-12-04 |
| 1 Dundas Street | Passed In | PI: $1,965,000 | | 2010-12-04 |
|
| HAWTHORN |
| 30 Smart Street | Bought | R: $1,328,215 - $1,461,175 | $4,025 - $4,428 | 2010-12-04 |
| 12 Oak Street | Bought | Undisclosed | | 2010-12-04 |
| 23 Sercombe Grove | Not Reported | | | |
| 9/15 Shakespeare Grove | Bought | Undisclosed | | 2010-12-04 |
|
| HAWTHORN EAST |
| 3a Campbell Grove | Bought | Undisclosed | | 2010-12-04 |
| 3 Pleasant Road | Bought | Undisclosed | | 2010-12-04 |
|
| KEW |
| 1 Stawell Street | Bought | R: $3,740,100 - $4,114,500 | $3,525 - $3,878 | 2010-12-04 |
| 59 Argyle Road | Bought | Undisclosed | | 2010-12-04 |
| 170 Princess Street | Bought | Undisclosed | | 2010-12-04 |
| 3/7 Gellibrand Street | Bought | R: $1,222,725 - $1,345,125 | | 2010-12-04 |
| 43 Barnard Grove | Bought | Undisclosed | | 2010-12-04 |
| 3-5 Rimington Avenue | Bought | Undisclosed | | 2010-12-04 |
| 2 Segtoune Street | Passed In | PI: $2,450,000 | | |
| 182 Cotham Road | Bought | $1,650,000 | $2,666 | 2010-12-04 |
|
| KEW EAST |
| 54 Hartwood Street | Bought | $1,650,000 | $3,929 | 2010-12-04 |
|
| MONT ALBERT |
| 11 Kingsley Crescent | Bought | Bought (2010-12-24) - $1,060,000 | $1,384 | 2010-12-24 |
| 6 Gordon Street | Passed In | PI: $1,700,000 | | |
|
| MONT ALBERT NORTH |
| 38 Rostrevor Parade | Bought | Bought (2011-02-24) - Undisclosed | | 2011-02-24 |
|
| SURREY HILLS |
| 14 Norfolk Road | Bought | $1,450,000 | $1,454 | 2010-12-04 |
| 32 Redvers Street | Bought | $1,870,000 | $3,122 | 2010-12-04 |
boroondara Private Sales
| ADDRESS | | BOUGHT PRICE | IMPROVED $/SQM |
| BALWYN | 58 Narrak Road | $980,000 | $1,614 |
| BALWYN NORTH | 25 Stephens Street | $1,700,000 | $1,665 |
| 151 Doncaster Road | Undisclosed | |
| 15 Rookwood Street | Range: $1,069,285 - $1,176,325 | $1,610 - $1,772 |
| 27 Illawarra Road | $1,180,000 | $1,639 |
| CAMBERWELL | 71 Bellett Street | Range: $1,870,050 - $2,057,250 | $3,031 - $3,334 |
| CANTERBURY | 176 Mont Albert Road | $1,470,000 | $2,272 |
| 35 Logan Street | Range: $2,972,900 - $3,270,500 | $3,670 - $4,038 |
| GLEN IRIS | 24 Barina Road | Range: $1,852,788 - $2,038,260 | $2,606 - $2,867 |
| HAWTHORN | 5 Yarra Street | | $2,606 - $2,867 |
| 9/15 Shakespeare Grove | Undisclosed | |
| KEW | 307 Barkers Road | Range: $3,260,600 - $3,587,000 | $1,918 - $2,110 |
| 11/17 Pakington Street | Undisclosed | |
| 24 Macartney Avenue | Undisclosed | |
| KEW EAST | 1479 Burke Road | $1,200,000 | $1,435 |
| MONT ALBERT | 2 Serpentine Street | $1,725,000 | $1,568 |
| SURREY HILLS | 29 Chestnut Street | Range: $1,087,506 - $1,196,370 | $1,265 - $1,391 |
BALWYN NORTH, 32 Stephens St | Maurice Di Marzio (Hocking Stuart)
Under Hammer: $3,800,000 - 4 Bidders (Photo: Amy Wong)
