VOLCANO ON ALICE: MALVERN, 30 Alice Street Agent: Adam Cashmore – Kay & Burton Hammer: $3,390,000 Bidderman:4 Kieran

It’s a bird, it’s a plane, no it’s SuperMarket

Saturday, February 22nd, 2025

We covered 39 Auctions today as part of our 100 Auction Top End Test to begin 2025M1. Almost 4 from every 5 sold. She’s Strong! Bayside the only question mark?

Impressive Market Hey Allan!

Check Out these TOP END Stat Differences

2024M1 Opening

Bidderman

1.2 Stock

AVERAGE

Clearance

59%

2025M1 Opening

Bidderman

1.8 Stock

PLENTY

Clearance

79%

Is this the Reason? Yeah Na!

Lots of Homes for Sale Now though

'Round the TOP END Auction Grounds Today

Stonnington

BOOM

Clearance

>80%

Boroondara

BOOM

Clearance

>80%

Bayside

VOLATILE

Clearance

<70%

Still an auction ? over Bayside

It feels more than the Usual Feb Pep! It really does!

3 Bidders > $6.5m early EOI close this week

• Compare the Stonnington stats last year v this year. Strong!

2024 M4 Xmas Weeks 1-3

Bidderman

1.2 Stock

Lots

Clearance

59%

2025 M1 Week 1

Bidderman

2.3 Stock

Plenty

Clearance

80%

Stonnington Auction Reports

Stonnington – 10 auctions

Clearance: 80%

Bidderman: 2.3

PRAHRAN, 51 McIlwrick Street

Agent: Walter Summons – Belle Property

SOI: $2,600,000 – $2,850,000

Bought before: $undisc

Bidderman: 1

MALVERN, 16 Ashley Grove

Agent: Nathan Waterson – Jellis Craig

SOI: $3,200,000 – $3,500,000

Crowd: 70

Opening Bid: $3,200,000

On the Market: $3,550,000

Under the Hammer: $3,820,000

Bidderman: 2

An immediate, rapid back-and-forth between two bidders, bringing the property on the market. Bidder 1 claimed it under the hammer.

MALVERN, 1 Thanet Street

Agent: Carla Fetter – Jellis Craig

SOI: $2,300,000 – $2,500,000

Crowd: 70

Opening Bid: $2,200,000

On the Market: $2,400,000

Under the Hammer: $2,635,000

Bidderman: 3

Within a flash, the property was on the market. Three bidders steadily traded blows until the last one in shook her head and the property was knocked down to the successful bidder, who sealed the deal with a kiss.

MALVERN EAST, 33 Belgrave Road

Agent: Daniel Wheeler – Marshall White

SOI: $2,500,000 – $2,700,000

Crowd: 70

Opening Bid: $2,500,000 VB

On the Market: $2,610,000

Under the Hammer: $2,650,000

Bidderman: 3

Indoors to avoid the heat. The bidding took a while to get going, but Auctioneer Daniel Wheeler patiently waited. Eventually, three parties decided to go for it and the property was sold under the hammer.

MALVERN, 36 Dixon Street

Agent: Carla Fetter – Jellis Craig

SOI: $2,600,000 – $2,800,000

Crowd: 70

Opening Bid: $2,700,000

On the Market: $2,850,000

Under the Hammer: $3,200,000

Bidderman: 4

Blink and you’ll miss it! 4 bidders got this one sold in record time. The final bid came from a latecomer, who waited until the others were nearly out before coming forward.

PRAHRAN, 4 Kelvin Grove

Agent: Tom McCarthy – Biggin & Scott

SOI: $3,600,000 – $3,960,000

Crowd: 40

Opening Bid: $3,600,000 VB

On the Market: $3,950,000

Under the Hammer: $4,085,000

Bidderman: 2

Despite the 40-strong crowd, auctioneer Tom McCarthy opened with a $3,600,000 vendor bid to quiet reception, until two bidders sparked activity with rapid fire bidding towards the end, resulting in a sale price of $4,085,000.

MALVERN, 30 Alice Street

Agent: Adam Cashmore – Kay & Burton

SOI: $2,950,000 – $3,240,000

Crowd: 50

Opening Bid: $3,000,000

On the Market: $3,300,000

Under the Hammer: $3,390,000

Bidderman: 4

A voice on the phone dictated this auction, with four bidders in the mix. The initial lightning start gave way to a late grind, with new bids shrinking to $2,000. The voice prevailed, taking the keys for their party.

MALVERN, 46 McArthur Street

Agent: Hugh Hardy – Abercromby’s

SOI: $2,400,000 – $2,600,000

Crowd: 30

Opening Bid: $2,350,000 VB

Passed in: $2,400,000 VB

Bidderman: 0

Two vendor bids were necessary to commence this auction, however this wasn’t enough to spark bidding from the crowd, so the property was passed in.

TOORAK, 77 Mathoura Road

Agent: Charlie Barham – Nelson Alexander

SOI: $2,850,000 – $2,950,000

Crowd: 20

Opening Bid: $2,850,000 VB

Passed in:$2,850,000 VB

Bidderman: 0

Auctioneer Tom Roberts was unable to coax a bid from the crowd. Opened and passed in on a vendor bid.

MALVERN EAST, 8a Anderson Street

Agent: Hugh Tomlinson – Marshall White

SOI: $2,000,000 – $2,200,000

Crowd: 25

Opening Bid: $2,020,000

On the Market: $2,200,000

Under the Hammer: $2,326,000

Bidderman: 4

Straight out of the gate, bidder 1 offered $2,020,000, which gave rise to three more bidders; the property was quickly declared on the market at $2,200,000, with the hammer falling on $2,326,000.

• Lowest Clearance Rate < 70%. But Bidderman Up 50%. Volatile / Mixed

2024 M4 Xmas Weeks 1-3

Bidderman

1.0 Stock

Lots

Clearance

50%

2025 M1 Week 1

Bidderman

1.5 Stock

Plenty

Clearance

64%

By The Bay Auction Reports

Bayside/Port Phillip – 14 auctions

Clearance: 64%

Bidderman: 1.5

MIDDLE PARK, 123 Wright Street

Agent: Simon Carruthers – Cayzer

SOI: $3,700,000 – $4,050,000

Bought before: $undisc

Bidderman: 1

ELWOOD, 84 Tennyson Street

Agent: Sam Gamon – Chisholm & Gamon

SOI: $2,850,000 – $2,950,000

Bought before: $undisc

Bidderman: 1

BRIGHTON, 134 Head Street

Agent: Stefan Whiting – Buxton

SOI: $3,800,000 – $4,150,000

Crowd: 40

Opening Bid: $3,800,000 VB

Passed in: $3,850,000

Sold After: $undisc

Bidderman: 1

Among the crowd of about 40 people there’s one bidder who adds $50,000 to the opening vendor bid of $3,800,000. The property is passed in at $3,850,000 but is sold immediately afterward.

HAMPTON, 17 Gordon Street

Agent: Simon Monnier-Penny – Marshall White

SOI: $3,500,000 – $3,750,000

Crowd: 50

Opening Bid: $3,500,000 VB

Passed in: $3,550,000

Bidderman: 1

Old dogs are panting and you could chat politics as well if you were so inclined. On the auction front, however, it’s all quiet apart from Stephen Smith of Marshall White opening the bidding with a vendor bid of $3,500,000 and passing the property in after just one bidder raises the price $50,000 to $3,550,000.

BRIGHTON EAST, 17 Margaret Street

Agent: Nick Renna – Jellis Craig

SOI: $2,500,000 – $2,750,000

Crowd: 40

Opening Bid: $2,500,000 VB

Passed in: $2,625,000

Bidderman: 1

Two initial vendor bids of $2,500,000 and $2,600,000 was placed for the property at 17 Margaret Street Brighton East. Bidder 1 placed a bid of $2,625,000. With no further bids the property was passed in to bidder 1.

BRIGHTON, 25 Loller Street

Agent: Johnny Clarkson – Buxton

SOI: $2,500,000 – $2,700,000

Crowd: 40

Opening Bid: $2,500,000 VB

On the Market: $2,760,000

Under the Hammer: $2,775,000

Bidderman: 3

Auctioneer opened with a vendor bid of $2,500,000. 3 bidders followed bid and the property was on the market at $2,760,000. The property sold for $2,775,000.

BRIGHTON, 60 Black Street

Agent: Yam Dosen – Marshall White

SOI: $2,000,000 – $2,200,000

Crowd: 50

Opening Bid: $2,000,000 VB

On the Market: $2,350,000

Under the Hammer: $2,541,000

Bidderman: 4

Four bidders step up to battle it out at 60 Black street, Brighton. We are all feeling a little hot and befuddled and the bidding is quick and a quite long break is taken in the middle for bidders to compose themselves. A lady with all of her joyous family and friends in tow takes the keys at $2,541,000 in front of 50 people after the property was announced on the market at $2,350,000. Stephen Smith from Marshall White conducted the auction today.

ALBERT PARK, 74 Withers Street

Agent: Guy St Ledger – Buxton

SOI: $2,200,000 – $2,400,000

Crowd: 37

Opening Bid: $2,510,000

Passed in: $2,250,000

Sold After: $undisc

Bidderman:2

An opening bid of $2,150,000 opened the auction of this renovated property. 2 parties went back and forth with bids prior to the property passing in.

BRIGHTON, 27 Campbell Street

Agent: Halli Moore – Buxton

SOI: $4,200,000 – $4,500,000

Crowd: 30

Opening Bid: $3,950,000 VB

Passed in: $4,000,000

Sold After: $undisc

Bidderman: 1

As the afternoon gets hotter the audiences fight for the shady spot at auction leaving Halli Moore of Buxton is the full glare of the sun. He wastes no time with an opening vendor bid of $3,950,000 and a family under the verandah take the bidding up to $4,000,000. The property is passed in, but sold immediately afterward.

BRIGHTON, 3 Sayers Lane

Agent: Leanne Potter – Buxton

SOI: $3,900,000 – $4,200,000

Crowd: 50

Opening Bid: $4,100,000 VB

Passed in: $4,200,000

Bidderman: 1

It’s a hot and sunny morning with early-bird John Clarkson from Buxton as the auctioneer. an interested group of about 50 watched the auction opened with a vendor bid of $4,100,000. A single bidder entered the contest, before the property was passed in at $4,200,000.

BRIGHTON, 11 McCallum Street

Agent: Stefan Whiting – Buxton

SOI: $3,800,000 – $4,180,000

Crowd: 50

Opening Bid: $3,800,000

Passed in: $4,100,000

Sold After: $undisc

Bidderman: 2

Johnny Clarkson of Buxton teases a genuine opening bid of $3,800,000 from the crowd of about 50 people who have gathered for the auction. A second bidder moves things along, but the property is passed in at $4,100,000 and the crowd wander back to the air conditioning.

SOUTH MELBOURNE, 150 Napier Street

Agent: Nicholas Hoo – Marshall White

SOI: $2,200,000 – $2,400,000

Crowd: 46

Opening Bid: $2,200,000

Passed in: $2,400,000

Sold After: $undisc

Bidderman: 3

The heat brought out the bidders for this converted pub. An opening bid of 2.2m prompted 3 bidders to raise their hands, before the home was passed in at $2.4M

MIDDLE PARK, 126 Hambleton Street

Agent: Simon Gowling – Jellis Craig

SOI: $4,400,000 – $4,550,000

Crowd: 54

Opening Bid: $4,550,000 VB

Passed in: $4,550,000 VB

Bidderman: 0

No bids were made after an opening vendor bid of $4.55M. The property was subsequently passed in.

ALBERT PARK, 15 Dundas Place

Agent: Warwick Gardiner – Jellis Craig

SOI: $2,600,000 – $2,700,000

Crowd: 50

Opening Bid: $2,600,000 VB

Passed in: $2,600,000 VB

Bidderman: 0

A crowd of around 50 onlookers gathered to watch this property open and pass in on a solitary vendor bid of $2,600,000.

• 8 in 10 auctions sold in Boroondara today - Strong.

2024 M4 Xmas Weeks 1-3

Bidderman

1.8 Stock

Lots

Clearance

66%

2025 M1 Week 1

Bidderman

1.6 Stock

Plenty

Clearance

80%

Boroondara Auction Reports

Boroondara – 15 auctions

Clearance: 80%

Bidderman: 1.6

Kew – Method change/withdrawn

ASHBURTON, 16 Dunlop Street

Agent: Daniel Wheeler – Marshall White

SOI: $2,750,000 – $3,000,000

Before auction: $undisc

Bidderman: 1

CAMBERWELL, 39 Merton Street

Agent: Mark Pezzin – Jellis Craig

SOI: $2,550,000 – $2,750,000

Bought before: $undisc

Bidderman: 1

CAMBERWELL, 3 Lorne Grove

Agent: David Banks

SOI: $2,800,000 – $2,995,000

Before auction: $undisc

Bidderman: 1

SURREY HILLS, 18 Elm Street

Agent: Helen Yan – Ray White

SOI: $3,300,000 – $3,630,000

Bought before: $undisc

Bidderman: 1

CAMBERWELL, 10 Beech Street

Agent: Desiree Wakim – Marshall White

SOI: $3,300,000 – $3,630,000

Before auction: $undisc

Bidderman: 1

CAMBERWELL, 20 Kintore Street

Agent: Mark Josem – Jellis Craig

SOI: $3,900,000 – $4,200,000

Crowd: 65

Opening Bid: $3,800,000 VB

On the Market: $4,310,000

Under the Hammer: $4,400,000

Bidderman: 3

One of only three double-storey in the Tara Estate attracted competition. All bidders had made a play before $4,000,000. A nod from the listing agent at $4,310,000 and it was announced on the market. A spontaneous round of applause broke out when the home eventually sold above reserve.

ASHBURTON, 9 Amery Street

Agent: Ash Howarth – Marshall White

SOI: $2,000,000 – $2,200,000

Crowd: 50

Opening Bid: $2,000,000 VB

On the Market: $2,200,000

Under the Hammer: $2,321,000

Bidderman: 3

A slow start to this auction after auctioneer Tom Hayne’s initial vendor bid of $2,000,000, until two bidders began a steady stream of bids, then a third bidder entered at the eleventh hour, with the final offer being $2,321,000, resulting in a sale.

GLEN IRIS, 80 Great Valley Road

Agent: Michael Wood – Jellis Craig

SOI: $3,100,000 – $3,400,000

Crowd: 75

Opening Bid: $3,200,000

On the Market: $3,450,000

Under the Hammer: $4,010,000

Bidderman: 3

We were off to a quick start this morning with two bidders answering Auctioneer Michael Woods call for bids. Just as we thought the hammer was about to fall to bidder 1, a third final bidder stepped forward, nudging the price over $4 million and claiming the keys.

CAMBERWELL, 20 Elaroo Avenue

Agent: Desiree Wakim – Marshall White

SOI: $2,600,000 – $2,800,000

Crowd: 52

Opening Bid: $2,600,000 VB

Passed in: $2,695,000

Sold After: $undisc

Bidderman: 2

Two contestants moved the dial but couldn’t quite get the home on the market. Passed in for negotiations with the highest bidder.

SURREY HILLS, 10 Albion Street

Agent: Peter Vigano – Jellis Craig

SOI: $2,700,000 – $2,900,000

Crowd: 25

Opening Bid: $2,650,000

On the Market: $2,950,000

Under the Hammer: $3,053,000

Bidderman: 2

Two bidders locked horns in a genuine tussle. A range of bidding increments were used as the battle evolved with the home eventually selling above reserve.

CAMBERWELL, 21 Sunnyside Avenue

Agent: Grant Samuel – Kay & Burton

SOI: $4,400,000 – $4,800,000

Crowd: 95

Opening Bid: $4,400,000 VB

Passed in: $4,850,000

Sold After: $4,960,000

Bidderman: 3

Sheltering from the heat in the shade, the large crowd was reluctant to start bidding. Eventually two bidders stepped up after auctioneer Scott Patterson opened with a vendor bid. Bidder two placed the highest bid at $4,850,000, securing the right to step inside and negotiate.

CAMBERWELL, 5 Range Street

Agent: Sophie Su – Kay & Burton

SOI: $3,000,000 VB

Crowd: 45

Opening Bid: $3,000,000 VB

Passed in: $3,145,000

Sold After: $undisc

Bidderman: 3

Three bidders looking for a future in Range Street lifted the price to $3,140,000 where activity stalled. A $5000 rise after a vendor referral became the pass in point.

SURREY HILLS, 16 Newton Street

Agent: Charlie Tostevin – Marshall White

SOI: $2,400,000 – $2,600,000

Crowd: 40

Opening Bid: $2,400,000 – $2,600,000

Passed in: $2,400,000 VB

Bidderman: 0

A $2,400,000 vendor bid opened this auction, with auctioneer Hamish Tostevin enthusiastically enticing bidding activity from the crowd, to no avail, resulting in a pass-in.

KEW, 1 Stawell Street

Agent: Sam Wilkinson – Kay & Burton

SOI: $6,000,000 – $6,500,000

Crowd: 40

Opening Bid: $6,000,000 VB

Passed in: $6,025,000

Bidderman: 1

Auctioneer Sam Wilkinson opened with a vendor bid. After commenting that audience participation was needed, a single bid was proffered and negotiations soon moved inside.

Another Top Auction by the Hingston father and son team (Chris and Michael) at 20 Lister St Kew East. Sold under the hammer for Annie and family for $2,375,000 with Bidderman 2.