Stonnington



Stonnington Weekly

MALVERN EAST, 45 Paxton St
MALVERN EAST, 45 Paxton St | Justin Long (Marshall White - ARMADALE)
Under Hammer: $3,265,000 - 5 Bidders (Photo: Catherine Ross)
Bidderbuzz Auction
"There's plenty of interest here as you can see from the likely-buyer type groups filling the large lounge area as it is once again, unfortunately bucketing outside. Justin Long takes us through the preamble but there's the usual wait for bids and patient explanation that there are lots of bidders here and you need to put yourself into the box seat to negotiate afterward. Why are buyers so reluctant? Anyway Justin accepts a $25,000 rise on his opening vendor bid of $2,700,000 as Bidder 1 enters the fray and Bidder 2 also joins and they trade happily together as it edges closer to $3,000,000 with much encouragement from Justin. At $2,950,000 Bidder 3 enters the competition and between the three of them the price rises to $3,150,000. Bidder 4 enters, and cuts the bids to $10,000 and at $3,210,000 the question is posed - are we on the market? We certainly are. Bidder 5, a young man with his partner and very young baby join in at $3,220,000 and we fairly briskly rise to $3,255,000 and we know the end is near, there's tension, long pauses, meaningful looks and an air of watchfulness from the crowd. It is the end for the young couple with the baby as they bow out, offer another $5000 and then bow out definitely. Even the lady holding the baby gives a definite "no". But the pull of the home is strong, so they offer $2000 right on the death knock but Bidder 2 prevails at $3,265,000 and the home is bought." (Catherine Ross)

 

Biggest Sale: MALVERN, 5 Gaynor Ct
John Bongiorno (Marshall White - ARMADALE); After Auction, Bought range: $3,941,490 - $4,336,050 - 2 Bidders

"The rain might have stopped for five minutes and John Bongiorno, bless his cotton socks, decides to conduct the auction on the verandah of the manor home in Gaynor Court, Malvern. His team are fanning among the crowd and rushing to get John a large golf umbrella just in case it decides to rain again in the next 10 minutes. He makes short work of the preamble, and asks for an opening bid of 3,800,000. There's a buyers advocate front and centre and he suggests $3,900,000 and it's nice to get things moving along. A beautifully dressed Asian lady with a small child contests and it's just the two of them with Bidder 1 looking far more determined. There's a lull at $4,040,000, as Bidder 2 is looking indecisive, and John decides to go inside to try and pull out some competition for Bidder 1 who's hot to trot at the business end. He comes back out again, and Bidder 2 can only offer one further $10,000 bid, which is matched by Bidder 1 and the home is passed in at $4,060,000. It is bought shortly afterwards for an undisclosed amount." (Catherine Ross)

 

Biggest Pass In: ARMADALE, 16 Northcote Rd
John Bongiorno (Marshall White - ARMADALE); Passed In: $3,500,000 - 3 Bidders

"John Bongiorno is a true professional and not fazed by anything today. The rain is tumbling down, it's sheeting, it's blanketing everything. We're all squeezed into a quite lovely family room in Northcote Road in Armadale with the Marshall White team and no matter how you say it, 60 people in any room is a squeeze. But he's unperturbed. He's not unsettled by no bidding. He offers the property, knows there's bidders here but no one wants to go first and top his opening vendor bid of $3,000,000 so he assuredly suggests that he'll just pass the property in and spread out the bidders he knows are here throughout the house and conduct negotiations privately and we can finish up now and everyone can go. Perhaps it's the threat of being shunted out into the weather but he finally ekes a bid from the man in the kitchen hiding behind the fruit bowl. Another man cowering against a wall joins in and we snail pace along to $3,350,000 where he goes off to consult with the vendor. They are undecided as to what to do, and no, that doesn't faze him either. So he again allows that he'll pass the property in, thanks for coming, umbrellas up and Bidder 3 offers a further $25,000. It's oh-so-marginally inside the bounds of a late bid but calm to the core Mr Bongiorno seizes the moment to raise Bidders 3 and 2 up to $3,500,000. But he can't get them any further so he sweetly wishes us all good day, and as good as his word, tips us out into the teeming rain. A bit of a damp squib in more ways than one." (Catherine Ross)
$1M+ stonnington Featured Auctions
UNDISCLOSED
JAMES HOME RATINGS
ARMADALE: 16 Northcote Rd
16 Northcote Road
PASSED IN: $3,500,000
Read our full report
UNDISCLOSED
JAMES HOME RATINGS
GLEN IRIS : 133 Finch St
133 Finch Street
BOUGHT: $3,700,000
Read our full report
UNDISCLOSED
JAMES HOME RATINGS
MALVERN: 5 Gaynor Ct
5 Gaynor Court
BOUGHT RANGE*: $3,941,490 - $4,336,050
Read our full report
665
/1000
JAMES HOME RATINGS
MALVERN: 16 Glendearg Gr
16 Glendearg Grove
BOUGHT: $3,500,000
Read our full report
UNDISCLOSED
JAMES HOME RATINGS
MALVERN: 110 Stanhope St
110 Stanhope Street
BOUGHT RANGE*: $3,284,575 - $3,613,375
Read our full report
UNDISCLOSED
JAMES HOME RATINGS
MALVERN EAST: 45 Paxton St
45 Paxton Street
BOUGHT: $3,265,000
Read our full report
Stonnington Weekly
stonnington Scheduled Auctions
MALVERN
16 Glendearg Grove, MALVERN
Bought $3,500,000
16 GLENDEARG GROVE
SOUTH YARRA
66 Hope Street, SOUTH YARRA
Bought $1,880,000
66 HOPE STREET
PRAHRAN
127 Bendigo Street, PRAHRAN
Bought $1,350,000
127 BENDIGO STREET
MALVERN EAST
12 Fountaine Avenue, MALVERN EAST
Bought undisclosed
12 FOUNTAINE AVENUE
ADDRESSRESULTPRICEIMPROVED $/SQMBOUGHT
ARMADALE
31 Seymour AvenueBoughtR: $6,430,095 - $7,073,775$10,288 - $11,3182016-10-12
20 Willis StreetBought$1,400,0002016-10-22
16 Northcote RoadPassed InPI: $3,500,000
GLEN IRIS
133 Finch StreetBought$3,700,000$4,2002016-10-22
133 Finch StreetBought$3,700,000$4,2002016-10-22
133 Finch StreetBought$3,700,000$4,2002016-10-22
MALVERN
16 Glendearg GroveBought$3,500,000$5,3352016-10-22
1B Chilcote AvenueBoughtUndisclosed2016-10-22
110 Stanhope StreetBoughtR: $3,284,575 - $3,613,375$4,767 - $5,2442016-10-22
8 Pine GroveBought$2,640,000$5,7392016-10-22
47 Somers AvenueBoughtR: $2,258,445 - $2,484,525$3,602 - $3,9632016-10-19
1 Hunter StreetBoughtR: $1,961,155 - $2,157,475$4,263 - $4,6902016-10-22
3 Glendearg GroveBoughtR: $3,020,850 - $3,323,250$4,691 - $5,1602016-10-22
33A Cressy StreetBought$1,460,0002016-10-22
5 Gaynor CourtBoughtR: $3,941,490 - $4,336,050$4,921 - $5,4132016-10-22
65a Elizabeth StreetBoughtUndisclosed2016-10-14
8 Embling RoadBoughtUndisclosed2016-10-03
4 Derril AvenuePassed InPI: $3,800,000
MALVERN EAST
49 Serrell StreetBoughtR: $2,234,470 - $2,458,150$2,906 - $3,1972016-10-22
82 Beaver StreetBoughtR: $3,840,795 - $4,225,275$3,570 - $3,9272016-10-22
1/20 Goode StreetBought$1,285,000$4,8312016-10-22
34 Washington AvenueBought$1,450,0002016-10-22
12 Fountaine AvenueBoughtR: $1,807,715 - $1,988,675$3,245 - $3,5702016-10-22
19 & 19A Millewa AvenueBoughtR: $1,448,090 - $1,593,050$4,173 - $4,5912016-10-15
45 Paxton StreetBought$3,265,000$4,1862016-10-22
18 Nirvana AvenueBoughtR: $1,952,524 - $2,147,980$3,468 - $3,8152016-10-22
45 Boston AvenueBought$1,940,000$3,2612016-10-22
1b Grant StreetBoughtR: $2,349,550 - $2,584,750$5,994 - $6,5942016-10-22
PRAHRAN
127 Bendigo StreetBought$1,350,0002016-10-22
12 Murray StreetBought$1,201,8882016-10-22
85 Pridham StreetBoughtR: $1,778,945 - $1,957,025$6,949 - $7,6452016-10-22
6 St John StreetBoughtR: $1,567,965 - $1,724,9252016-10-22
48 Larnook StreetBought$2,710,000$4,6802016-10-22
20 McIlwrick StreetBought$1,725,0002016-10-22
72 Spring StreetBought$2,130,000$11,5762016-10-22
SOUTH YARRA
66 Hope StreetBought$1,880,0002016-10-22
2/134 Anderson StreetNot Reported
6 Argo StreetBought$1,250,0002016-10-22
13 Coolullah AvenueBoughtR: $4,332,762 - $4,766,490$6,225 - $6,8482016-10-22
TOORAK
7 Monomeath AvenueBoughtBought (2017-03-11) - $3,850,000$5,9232017-03-11
143 Canterbury RoadBoughtBought (2016-11-09) - Undisclosed2016-11-09
2 Leighton CourtBoughtUndisclosed2016-10-22
2/75-81 Grange RoadBought$3,215,000$9,4012016-10-22
8 Myrnong CrescentBoughtUndisclosed2016-10-22
18 Denham PlaceBoughtR: $5,169,010 - $5,686,450$6,713 - $7,3852016-10-22
18 Tashinny RoadBoughtR: $2,176,930 - $2,394,850$8,571 - $9,4292016-10-22
stonnington Private Sales
TOORAK
700 Malvern Road, TOORAK
Bought: undisclosed
700 MALVERN ROAD
ADDRESSBOUGHT PRICEIMPROVED $/SQM
TOORAK700 Malvern RoadRange: $4,627,175 - $5,090,375$18,658 - $20,526
MALVERN, 16 Glendearg Gr
MALVERN, 16 Glendearg Gr | Tim Derham (Abercromby's Real Estate - Armadale)
Under Hammer: $3,500,000 - 4 Bidders (Photo: Kathy Russell)

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