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10 from 10 on the auctions we covered

CAMBERWELL, 8 Stanhope Grove: James Tostevin () is a picture of concentration. Bought under the hammer, $2,400,000, two bidders

We mainly focus on the better quality homes, however 10 from 10 was still a surprise. This stat varies dramatically from our overall monitored auctions stat of just over 50% – similar to last week.

It was a Super Saturday in Boroondara with over 50 auctions at $M+ and over 30 sales reported as being above a .

So what was bought and what wasn’t

Bought

  • 51 Berkeley St with Tim Blackett : North of $7,000,000 on Scotch Hill for a good home that needs some reworking and a tennis court – Expressions of Interest Campaign.
  • While still in Hawthorn Mr Nice Guy and Very Effective Tim Picken of got away the quinella with 25 Mary St (Modern in Grace Park) being bought for a credible $4,300,000 and 1 Hilda (period in Grace Park) for $2,800,000. Both a little down on ambitious asks but nonetheless solid prices for what they were. Both Private Sales.
  • But wait there’s more and was it us who cried out the death of the formula- new build, small block, overpriced. Well on a technicality were are still credible as it’s neighbouring ; but with 21 Macartney (Walter Dodich of Marshall White) and 5 Mawson (Peter Dixon of Jellis Craig) both selling at auction today for $4 million’ish, the death of this market maybe a little exaggerated. However please it is only two sales, but they were biggies. Both at auction.
  • The news doesn’t stop for sellers there with period home successes at 50 Wattle Valley (Duane Wolowiec and James Tostevin) selling under the hammer for a strong $3,465,000 and 13 Rubens Grove Canterbury with Fletcher’s Jeremy Desmier bought before for over $3,000,000.

Passed-In – the difficult ones

  • 16 Glenroy Hawthorn Passed in $3,000,000 on a vendor bid. – Difficult for see how to reno easily?
  • 16 Burton Hawthorn Passed in $3,150,000 on a vendor bid. – Price versus ?
  • 256 Riversdale Hawthorn $2,020,000 – Difficult position?
  • 44 Harcourt Hawthorn East $2,000,000 – Family home but no real backyard?
  • Plenty of homes passed in just below a million in that $900,000 range – $million is still a real mental barrier for many buyers?

Agent Q & A : How does current pricing compare with the same time last year?

Tim Heavyside, Fletchers, Canterbury: prices were slightly higher back then than now.”

SURREY HILLS, 18 Russell St
SURREY HILLS, 18 Russell St | Walter Dodich (Marshall White)
Under Hammer: $1,135,000 - 4 Bidders (Photo: Sonia Matmati)
Bidderbuzz Auction
"This auction had quite alot of action with 4 bidders participating in proceedings. Auctioneer Walter Dodich did not have to ask twice for an opening bid - the first bid came straight away at $1,000,000, with the second offer coming soon after and then a thrid one soon after that. The property was on the market at $1,110,000. After two more bids the property was bought for an amount of $1,135,000." (Sonia Matmati)

 

Biggest Sale: CANTERBURY, 50 Wattle Valley Rd
James Tostevin (Marshall White); Under Hammer, $3,465,000 - 2 Bidders

"I love this part of the world, leafy green street, period homes and a sense of community. A mid-sized crowd of 70 had gathered to watch James Tostevin and Duane Wolowiec conduct proceedings. Most of the onlookers were the usual crowd that came out last week down the road and then last year several times to see the great and not so great homes go under the hammer, as the market passes judgments of the merits of the offering. This one was hard to pick – it could be a pass-in due to some issues or it could gather two or more strong parties and go past expectations. Anyway a crowd bid started the proceedings at $3,000,000 and bidding was strong but not electric, more steady until the half time break. A “no” to the repeated on the market questions came until the figure of $3,350,000 was reached and bidding continued reasonably strongly past that until the final result of $3,465,000, which in the end was a strong result but the house was a beauty. Good old fashioned tug-of-war between two and the best man won the day – well done." (Mal James)
$1M+ boroondara Featured Auctions
590
/1000
JAMES HOME RATINGS
8 Stanhope Grove
BOUGHT: $2,400,000
819
/1000
JAMES HOME RATINGS
13 Rubens Grove
BOUGHT*: Undisclosed
No report
641
/1000
JAMES HOME RATINGS
85 Illawarra Road
BOUGHT: $0
No report
824
/1000
JAMES HOME RATINGS
21 Macartney Avenue
BOUGHT RANGE*: $4,027,800 - $4,431,000
642
/1000
JAMES HOME RATINGS
5 Kinsale Crescent
BOUGHT*: Undisclosed
UNDISCLOSED
JAMES HOME RATINGS
12 Junction Road
BOUGHT: $1,660,000
585
/1000
JAMES HOME RATINGS
18 Russell Street
BOUGHT: $1,135,000
Stonnington Weekly
boroondara Scheduled Auctions
HAWTHORN EAST
28 Airedale Avenue, HAWTHORN EAST
Bought $1,530,000
28 AIREDALE AVENUE
KEW EAST
5 Riverside Drive, KEW EAST
Bought $1,352,500
5 RIVERSIDE DRIVE
HAWTHORN
16 Burton Avenue, HAWTHORN
Passed In $3,150,000
16 BURTON AVENUE
KEW
6 Second Avenue, KEW
Bought undisclosed
6 SECOND AVENUE
ADDRESSRESULTPRICEIMPROVED $/SQMBOUGHT
ASHBURTON
2/18 Mernda AvenueBoughtBought (2011-05-11) - R: $839,125 - $923,125$2,432 - $2,6762011-05-11
BALWYN
13 Paisley StreetBought$1,100,000$1,7602011-04-03
28 King StreetBoughtR: $1,227,520 - $1,350,400$1,659 - $1,8252011-04-04
28 Head StreetBoughtBought (2011-12-19) - Undisclosed2011-12-19
BALWYN NORTH
22 Reading AvenueBought$1,320,000$1,4272011-04-07
2A Lime AvenueBoughtBought (2011-05-20) - R: $863,100 - $949,500$1,473 - $1,6202011-05-20
94 Longview RoadBought$1,005,000$1,3582011-03-31
3/13 Jacka StreetBought$1,095,000$3,5212011-04-09
78 Tannock StreetBoughtBought (2011-04-15) - R: $887,075 - $975,875$1,422 - $1,5642011-04-15
20 Columba StreetBought$1,260,000$1,2172011-04-09
CAMBERWELL
3/3 Stornoway RoadBoughtBought (2011-06-10) - R: $1,131,620 - $1,244,900$5,467 - $6,0142011-06-10
239 Highfield RoadBought$1,430,000$1,6692011-04-09
3 Netherway StreetBought$1,180,000$1,9602011-04-09
27 George StreetBoughtR: $783,024 - $861,408$1,458 - $1,6042011-04-09
20 Darling AvenueBoughtBought (2011-04-12) - Undisclosed2011-04-12
8 Stanhope GroveBought$2,400,000$2,3032011-04-09
27 Fairfield AvenueBoughtR: $1,793,330 - $1,972,850$2,045 - $2,2502011-04-09
109 Glyndon RoadBought$1,507,000$1,8632011-04-09
34 Bellett StreetBoughtBought (2011-06-13) - Undisclosed2011-06-13
CANTERBURY
13 Rubens GroveBoughtUndisclosed2011-04-06
1/145 Prospect Hill RoadBoughtUndisclosed2011-04-08
50 Wattle Valley RoadBought$3,465,000$2,9772011-04-09
GLEN IRIS
34 Mills StreetBoughtR: $1,256,290 - $1,382,050$2,126 - $2,3382011-04-07
28 Summerhill RoadBoughtBought (2011-04-23) - $1,168,000$1,7432011-04-23
2 Brownell RoadBoughtBought (2011-05-28) - R: $1,601,530 - $1,761,850$2,498 - $2,7492011-05-28
HAWTHORN
82 Hawthorn GroveBoughtR: $1,409,730 - $1,550,850$4,285 - $4,7142011-04-09
20 Johnson StreetBought$1,141,000$4,8142011-04-09
3 Riversdale CourtBoughtR: $2,699,585 - $2,969,825$4,711 - $5,1832011-04-05
85 Illawarra RoadBought$1,950,000$2,8342011-04-02
49 Grove RoadBought$2,000,000$5,6502011-04-09
16 Glenroy RoadBoughtBought (2011-07-08) - Undisclosed2011-07-08
16 Burton AvenuePassed InPI: $3,150,000
HAWTHORN EAST
28 Airedale AvenueBoughtBought (2011-06-13) - $1,530,000$1,7492011-06-13
256 Riversdale RoadBoughtBought (2011-04-13) - Undisclosed2011-04-13
44 Harcourt StreetNot Reported
KEW
116 Derby StreetBought$1,087,000$3,6112011-04-09
21 Macartney AvenueBoughtR: $4,027,800 - $4,431,000$4,906 - $5,3972011-04-09
2a Hillcrest AvenueBought$1,760,0002011-04-09
6 Second AvenueBoughtR: $1,685,443 - $1,854,163$2,593 - $2,8532011-04-09
18 Holroyd StreetNot Reported
5 Mawson StreetBought$3,950,000$5,2112011-04-09
56a Gladstone StreetBoughtR: $1,217,930 - $1,339,850$2,218 - $2,4412011-04-09
KEW EAST
5 Riverside DriveBoughtBought (2011-04-30) - $1,352,500$1,7662011-04-30
33 Spruzen AvenueBoughtR: $1,141,210 - $1,255,4502011-04-09
MONT ALBERT NORTH
5 Kinsale CrescentBoughtUndisclosed2011-04-09
SURREY HILLS
22 Albert CrescentBoughtR: $1,376,165 - $1,513,925$1,567 - $1,7242011-04-09
12 Junction RoadBought$1,660,000$2,7212011-04-09
44 Pembroke StreetBought$1,100,000$1,1942011-04-09
31A Pine StreetBought$1,050,000$2,0592011-04-09
30 Sir Garnet RoadBought$1,702,500$4,9642011-04-09
13 Ross StreetBoughtBought (2011-04-18) - $941,000$1,5032011-04-18
18 Russell StreetBought$1,135,000$2,1832011-04-09
boroondara Private Sales
BALWYN NORTH
59 Hosken Street, BALWYN NORTH
Bought: undisclosed
59 HOSKEN STREET
MONT ALBERT NORTH
6/23-25 Evelina Street, MONT ALBERT NORTH
Bought: undisclosed
6/23-25 EVELINA STREET
HAWTHORN EAST
42 Harcourt Street, HAWTHORN EAST
Bought: $3,625,000
42 HARCOURT STREET
GLEN IRIS
41 Ferndale Road, GLEN IRIS
Bought: undisclosed
41 FERNDALE ROAD
ADDRESSBOUGHT PRICEIMPROVED $/SQM
BALWYN NORTH59 Hosken StreetRange: $3,596,250 - $3,956,250$3,361 - $3,697
13 Rumpf AvenueRange: $911,050 - $1,002,250$2,398 - $2,638
43 Greythorn RoadRange: $1,028,048 - $1,130,960$1,503 - $1,653
CAMBERWELL16 Jervis StreetUndisclosed
CANTERBURY168 Prospect Hill RoadRange: $1,539,195 - $1,693,275$2,237 - $2,461
GLEN IRIS19 Bardolph StreetUndisclosed
41 Ferndale RoadRange: $1,330,133 - $1,463,285$2,232 - $2,455
40 Denman AvenueRange: $1,122,030 - $1,234,350$1,761 - $1,938
HAWTHORN1 Hilda CrescentRange: $2,685,200 - $2,954,000$3,624 - $3,987
HAWTHORN EAST42 Harcourt Street$3,625,000$6,427
KEW52 Normanby Road$1,621,000$2,078
MONT ALBERT36 View Street$1,115,000$3,177
MONT ALBERT NORTH6/23-25 Evelina StreetRange: $992,565 - $1,091,925
MONT ALBERT NORTH, 5 Kinsale Cr
MONT ALBERT NORTH, 5 Kinsale Cr | Toby Parker (Hocking Stuart)
After Auction: Bought range: $1,021,335 - $1,123,575 - 3 Bidders (Photo: Guy Angwin)

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