Architect Adam 0413 318 079


Finishing the year out of puff!

Patchy results yesterday, with most auctions either passing in or had limited bidding. It certainly seems to be a testing time for selling agents and, for buyers, there seem to be many options. Of the eight auctions we attended, five sold on the day yesterday.  I did note that a few properties that have been around for a while have since sold – 168A Mont Albert Road Canterbury is one of those (Anthony Grimwade, RT Edgar) – so there is definitely some activity  – it is just more likely to be happening outside the auction forum.

That said, one stand-out auction was 2/6 Findon Crescent in Kew (the auction report is below). Spirited bidding here (very much against the general market trend) and, as always, auctioneer Scott Patterson did a great job controlling traffic.

Saw an amazing house with Mal this week at 69 Broadway in Camberwell. This is listed by Doug McLauchlan of Marshall White under an Expressions of Interest campaign, quoting $7m plus. We were not sure about this property from the outset – the main concern being that it did not seem to have any real ‘backyard’ area. Mal has a saying with these grand homes that ”they are bit like the Grand Lady without the fine skirt”, meaning that  they don’t have the commensurate land where you want it in private areas ( ie the backyard) or land has been taken away or subdivided off, to complement the large house. The house is very good and has been wonderfully renovated; it has a fantastic feel internally and the rear yard area does seem to work quite well. The open plan living area is very good, and the way the kitchen can be screened off is very clever, I thought.  To top it all off, the vendor is a Bulldog supporter – sounds like the perfect family home, doesn’t it? Where do I sign……?

Pity this property is not going to auction, as I like Doug’s auctions. He always has something insightful to say in the introduction (Peter Batrouney from Jellis Craig is also very good at this) and tends to have good rapport with his crowd.

Until next year – have a great Christmas and a safe holiday period. Special thanks to all the nice people who I get a smile from and/or have a quick chat with at opens and auctions. Our job is a tricky one at times but, more often than not, is a very enjoyable one and you get to meet some great people, most of which are selling agents. A very special thanks also to all the hard-working staff at my favourite coffee shops – Liar Liar, Porgie and Mr Jones, Collective Espresso and Snow Pony – keep up the good work guys!

Go the Melbourne Heart and the Melbourne Stars!

Design Smart, Adam

 

James Private Client Briefings contain far greater and more client-specific detail than what you see below and are available for full service James Search and clients throughout Melbourne.

Contact us: For a private, confidential and no obligation discussion on what is really happening in your street, precinct and suburb from a buyer’s perspective, contact Architect Adam on 0413 318 079 or Gina on (+613) 9804 3133 or 0457 835 255 or Mal on 0408 107 988 from James Buyer Advocates.

Alternatively if you see us at an open for inspection or an auction please feel free to come over and say hello – perhaps we could send you a buyer rating, a result or simply open diaries and work out a time to sit down and talk about the market, values, negotiation, alternative homes or your needs from a buyer’s perspective.

For the record each of us is involved in 2 to 3 homes, around 20 inspections and attending/assisting/bidding on up to 4 auctions on a weekly basis – all in that specialist $M+ price range.

A sample of testimonials from satisfied clients http://www.jamesbuyeradvocates.com.au/testimonials.php

KEW, 2/6 Findon Cr
KEW, 2/6 Findon Cr | Scott Patterson (Kay & Burton)
Under Hammer: $1,510,000 - 6 Bidders (Photo: Adam Woledge)
Bidderbuzz Auction
"A strong auction this one and you sensed it was always going to be. Properties such as this always tend to atttract strong competition in Kew - single level, well kept, detached house in a quiet area, perfect for a down-sizer. In front of around 90 people, auctioneer Scott Patterson did very well to conduct the traffic from 6 bidders - this was an entertaining, quickfire auction. Opening with a genuine (albeit very low bid) of $950,000, a vendor bid was quickly placed at $1,100,000 and it didnt take too long to see some good spirited bidding. The property was on the market at $1,300,000 and sold under the hammer for $1,510,000. Solid result for the vendor here (largely due to campaign agent Judy Balloch), yet not totally unexpected. " (Adam Woledge)

 

Biggest Sale: CAMBERWELL, 13 Lofty Av
Alastair Craig (Jellis Craig); After Auction, $1,725,000 - 1 Bidders

"The last auction of the day for me and what a pleasure to find out that Jellis Craig are celebrating twenty years in the business. I can assure you that auctioneer Alastair Craig has aged perfectly like a nice red wine and is still as vibrant as ever. A nice sized crowd of 50 were here at this auction, however none seemed interested as no bids were made. Two vendor bids and a half time break and nothing transpired, except for a last minute bid to gain first rights for negotiations. With that, Mr Craig promptly passed the property in to the lone bidder. Sold late Saturday night for $1,725,000 - good result for campaign agent Peter Vigano." (Joshua Bong)

 

Biggest Pass In: BALWYN, 45 Yongala St
Maurice Di Marzio (Hocking Stuart); Passed In: $2,850,000 - 0 Bidders

"A big crowd isn't always a guarantee of an exciting, hotly contested auction, and this was the case at leafy Yongala Street. Auctioneer Maurice di Marzio stood in front of a good sized crowd of around 70 people but, unfortunately, couldn't encourage any of them to bid. This auction opened on a vendor bid of $2,800,000 and the property was passed in on a second vendor bid of $2,850,000." (Adam Woledge)
$1M+ boroondara Featured Auctions
644
/1000
JAMES HOME RATINGS
57 Fitzgerald Street
PASSED IN: $1,660,000
700
/1000
JAMES HOME RATINGS
45 Yongala Street
PASSED IN: $2,850,000
UNDISCLOSED
JAMES HOME RATINGS
43 Aylmer Street
BOUGHT*: Undisclosed
No report
733
/1000
JAMES HOME RATINGS
13 Lofty Avenue
BOUGHT: $1,725,000
UNDISCLOSED
JAMES HOME RATINGS
51 Kerferd Road
BOUGHT: $1,115,000
710
/1000
JAMES HOME RATINGS
4 Berkeley Court
PASSED IN: $2,425,000
660
/1000
JAMES HOME RATINGS
2/6 Findon Crescent
BOUGHT: $1,510,000
658
/1000
JAMES HOME RATINGS
51 Sir Garnet Road
BOUGHT RANGE*: $1,189,160 - $1,308,200
Stonnington Weekly
boroondara Scheduled Auctions
BALWYN NORTH
43 Aylmer Street, BALWYN NORTH
Bought undisclosed
43 AYLMER STREET
CAMBERWELL
20 Laxdale Road, CAMBERWELL
Passed In $1,400,000
20 LAXDALE ROAD
BALWYN NORTH
6 Tormey Street, BALWYN NORTH
Bought undisclosed
6 TORMEY STREET
KEW
14 Cradley Avenue, KEW
Bought undisclosed
14 CRADLEY AVENUE
ADDRESSRESULTPRICEIMPROVED $/SQMBOUGHT
BALWYN
57 Fitzgerald StreetPassed InPI: $1,660,000
45 Yongala StreetPassed InPI: $2,850,000
15 Relowe CrescentPassed InPI: $1,100,000
BALWYN NORTH
35 Inverness WayBought$1,170,000$1,4052011-12-03
2 Cumberland AvenueBoughtBought (2011-12-17) - R: $1,601,530 - $1,761,850$2,237 - $2,4612011-12-17
10 Tuxen StreetBoughtUndisclosed2011-12-03
18 Rangeview GroveBoughtUndisclosed2011-12-03
43 Aylmer StreetBoughtUndisclosed2011-12-03
6 Tormey StreetPassed InPI: $3,325,0002011-12-03
CAMBERWELL
16 Bellett StreetBought$1,455,000$1,9742011-12-03
20 Laxdale RoadPassed InPI: $1,400,000
13 Lofty AvenueBought$1,725,000$2,7122011-12-03
678 Riversdale RoadBought$1,135,000$1,7092011-12-03
CANTERBURY
2 Elphin GroveBoughtR: $1,299,445 - $1,429,525$1,504 - $1,6552011-12-03
GLEN IRIS
51 Kerferd RoadBought$1,115,000$2,0352011-12-03
24 Iris RoadBought$1,680,000$2,0222011-12-03
HAWTHORN
99 Church StreetPassed InPI: $1,230,000
KEW
4 Coombs AvenueBought$1,850,000$1,9762011-12-03
14 Cradley AvenueBoughtR: $1,898,820 - $2,088,900$2,011 - $2,2132011-12-03
4 Berkeley CourtBoughtR: $2,493,400 - $2,743,000$2,731 - $3,0042011-12-03
24 Atkins StreetBoughtUndisclosed2011-11-30
2/6 Findon CrescentBought$1,510,000$2,8442011-12-03
MONT ALBERT
14 St Johns AvenuePassed InPI: $1,380,000$2,8442011-12-03
SURREY HILLS
7 Graham StreetPassed InPI: $1,160,000$2,8442011-12-03
66 Shepherd StreetBoughtUndisclosed2011-12-03
51 Sir Garnet RoadBoughtR: $1,189,160 - $1,308,200$2,965 - $3,2622011-12-03
4 Vincent StreetBoughtUndisclosed2011-12-03
boroondara Private Sales
KEW
15 Wills Street, KEW
Bought: undisclosed
15 WILLS STREET
BALWYN
7 Porter Road, BALWYN
Bought: undisclosed
7 PORTER ROAD
KEW
4 Berkeley Court, KEW
Bought: undisclosed
4 BERKELEY COURT
KEW
21 Queen Street, KEW
Bought: undisclosed
21 QUEEN STREET
ADDRESSBOUGHT PRICEIMPROVED $/SQM
BALWYN16 May StreetUndisclosed
7 Porter RoadUndisclosed
36 Nungerner StreetRange: $1,150,800 - $1,266,000$1,700 - $1,870
BALWYN NORTH29 Kyora ParadeUndisclosed
305 Belmore RoadUndisclosed
34 Nicholson Street$1,100,000$1,173
CAMBERWELL2B Waterloo StreetRange: $992,565 - $1,091,925$2,303 - $2,533
CANTERBURY1 Scott StreetRange: $1,457,680 - $1,603,600$2,603 - $2,864
GLEN IRIS27 Scott GroveUndisclosed
HAWTHORN22 Malmsbury StreetRange: $1,294,650 - $1,424,250$3,011 - $3,312
67 Urquhart StreetRange: $1,903,615 - $2,094,175$2,791 - $3,071
KEW45 First AvenueRange: $2,253,650 - $2,479,250$3,364 - $3,700
15 Wills StreetRange: $2,445,450 - $2,690,250$2,550 - $2,805
21 Queen StreetRange: $13,617,800 - $14,981,000$29,349 - $32,287
14 Cradley AvenueRange: $1,898,820 - $2,088,900$2,011 - $2,213
5 Barnard Grove$1,135,000$1,796
4 Berkeley CourtRange: $2,493,400 - $2,743,000$2,731 - $3,004
GLEN IRIS, 51 Kerferd Rd
GLEN IRIS, 51 Kerferd Rd | James Tostevin (Marshall White)
Under Hammer: $1,115,000 - 2 Bidders (Photo: Joshua Bong)

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