oc | Monday 20th January

Boroondara



Stock Surge in Boroondara – Clearance Rates are definitely not as good as we are used to, but nearly 40 homes @ $M+ were bought this week

8 Kingsley Street, CAMBERWELL

, 8 Kingsley St: () was all smiles. Bought under the hammer, $2,375,000, 3 bidders

Key Points:

  • are definitely not as good as we are used to in Boroondara but they are still healthy in the mid 60’s and nearly 40 homes over a million were bought this week
  • Stock Surge – Large amounts of $M+ stock are hitting the market for pre Easter campaigns
  • 61 Bellett Camberwell has been on the market since July of last year and was sold by Sam Wilkinson of mid week for $3,100,000.
  • The formula of big block, new home, big price tag seems to have come to a grinding halt – very few high end new sales. Opportunity?
  • Off markets are on the increase.

Agent Q & A

How are stock levels and what will they be like leading up to Easter?

Glen Coutinho, , : “There will be a surge in stock levels with a lot of homes being booked for auction just prior to Easter which is traditionally the end of a selling season and a new group starting after the break for winter.”

Duane Wolowiec, , : “With limited weekends in April due to school holidays and Easter, there are a number of vendors working overtime to have their properties ready for sale with the view to auction either on the 2nd or 9th of April. Some vendors may feel a little rushed to meet the deadline and may opt for a longer lead up time and expose their as a forthcoming auction.”

HAWTHORN, 1A Malmsbury St
HAWTHORN, 1A Malmsbury St | Mark Dayman (Marshall White)
Under Hammer: $1,730,000 - 4 Bidders (Photo: Kristen Hatt)
Bidderbuzz Auction
"Mark Dayman looked for an opening bid from the crowd but settled on a vendor bid of $1,500,000 to kick things off. A genuine bid of $1,520,000 was soon offered and the auction was underway. Four bidders in total, on the market at $1,700,000 and bought under the hammer for $1,730,000." (Kristen Hatt)

 

Biggest Sale: CAMBERWELL, 8 Kingsley St
Scott Patterson (Jellis Craig); Under Hammer, $2,375,000 - 3 Bidders

"In the picturesque backyard of this Camberwell home, auctioneer Scott Patterson began proceedings with a vendor bid of $2,020,000. He didn’t have to wait long for a response from the crowd, with one party bidding $2,100,000 immediately for the property. The beautiful weather brought out a vibrant crowd of around 70 people to the auction, which thankfully included several bidders. There were 3 bidders in total, bringing the price of the home beyond the reserve, which finally sold under hammer for $2,375,000 to a very happy gentleman. There was a round of applause for the smiling man from the boisterous crowd. " (Daniel Ehrenreich)

 

Biggest Pass In: HAWTHORN, 66 Manningtree Rd
James Tostevin (Marshall White); Passed In: $2,650,000 - 0 Bidders

"A huge crowd of around 110 people gathered to watch James 'JT' Tostevin in action. Mr Tostevin opened on a vendor bid of $2,650,000 and tried valiantly to get the crowd involved. Initially looking for $50,000 rises, he said he would happily accept $25,000 offers - but still the crowd was quiet. After referring to his vendor, Mr Tostevin returned and soon passed the property in on the initial vendor bid of $2,650,000. " (Adam Woledge)
$1M+ boroondara Featured Auctions
713
/1000
JAMES HOME RATINGS
CAMBERWELL: 8 Kingsley St
8 Kingsley Street
BOUGHT: $2,375,000
712
/1000
JAMES HOME RATINGS
CAMBERWELL: 21 Range St
21 Range Street
BOUGHT: $1,890,000
725
/1000
JAMES HOME RATINGS
CANTERBURY: 33 Alexandra Av
33 Alexandra Avenue
PASSED IN: $2,500,000
700
/1000
JAMES HOME RATINGS
CANTERBURY: 41 Hopetoun Av
41 Hopetoun Avenue
PASSED IN: $2,100,000
759
/1000
JAMES HOME RATINGS
HAWTHORN: 1A Malmsbury St
1A Malmsbury Street
BOUGHT: $1,730,000
616
/1000
JAMES HOME RATINGS
HAWTHORN: 66 Manningtree Rd
66 Manningtree Road
PASSED IN: $2,650,000
UNDISCLOSED
JAMES HOME RATINGS
HAWTHORN: 41 Urquhart St
41 Urquhart Street
BOUGHT: $2,042,000
714
/1000
JAMES HOME RATINGS
HAWTHORN EAST: 27 Auburn Pde
27 Auburn Parade
BOUGHT: $1,360,000
679
/1000
JAMES HOME RATINGS
HAWTHORN EAST: 37 Harcourt St
37 Harcourt Street
BOUGHT RANGE*: $2,234,470 - $2,458,150
658
/1000
JAMES HOME RATINGS
KEW: 69 Argyle Rd
69 Argyle Road
PASSED IN: $1,500,000
539
/1000
JAMES HOME RATINGS
SURREY HILLS: 52 Croydon Rd
52 Croydon Road
PASSED IN: $1,680,000
Stonnington Weekly
boroondara Scheduled Auctions
HAWTHORN
5 Allen Street, HAWTHORN
Bought $1,005,000
5 ALLEN STREET
CANTERBURY
234 Canterbury Road, CANTERBURY
Bought undisclosed
234 CANTERBURY ROAD
KEW EAST
99 Belford Road, KEW EAST
Bought $1,217,000
99 BELFORD ROAD
BALWYN NORTH
2 Maud Street, BALWYN NORTH
Bought undisclosed
2 MAUD STREET
ADDRESSRESULTPRICEIMPROVED $/SQMBOUGHT
BALWYN
10 Sevenoaks StreetBoughtR: $1,539,195 - $1,693,275$2,052 - $2,2582011-03-05
19 Parring RoadBoughtBought (2011-04-14) - R: $1,306,925 - $1,437,754$1,689 - $1,8582011-04-14
2/9 Yerrin StreetBought$1,200,000$4,2862011-03-05
6 Highland AvenueBought$1,300,000$1,9032011-03-05
4 Canyon StreetBoughtR: $1,030,925 - $1,134,125$1,851 - $2,0362011-03-05
BALWYN NORTH
127 Greythorn RoadBoughtR: $1,227,520 - $1,350,400$1,744 - $1,9182011-03-05
43a Sweyn StreetBought$983,250$2,8252011-02-03
2 Maud StreetBoughtR: $911,050 - $1,002,250$1,555 - $1,7102011-03-05
9 Bernard StreetBoughtR: $1,102,850 - $1,213,250$1,751 - $1,9262011-03-05
10 Riverview RoadBought$1,000,000$1,5672011-03-05
4 Rookwood StreetBought$1,100,000$1,5322011-03-05
6 Minerva AvenueBoughtR: $1,500,835 - $1,651,075$1,668 - $1,8352011-03-05
7 The Nook Bought$1,100,000$1,6572011-03-05
CAMBERWELL
8 Kingsley StreetBought$2,375,000$3,0062011-03-05
10 Radnor StreetBoughtR: $1,702,225 - $1,872,625$2,526 - $2,7782011-02-25
40 Canterbury RoadBoughtR: $1,052,982 - $1,158,390$1,648 - $1,8132011-03-05
21 Range StreetBought$1,890,000$2,3332011-03-05
219 Highfield RoadBought$1,010,000$1,3562011-03-05
33 Loch StreetBought$1,960,000$5,1312011-03-05
CANTERBURY
41 Hopetoun AvenuePassed InPI: $2,100,000
234 Canterbury RoadBoughtR: $1,041,474 - $1,145,730$1,473 - $1,6212011-03-05
33 Alexandra AvenuePassed InPI: $2,500,000$1,473 - $1,6212011-03-05
GLEN IRIS
19 Bardolph StreetBoughtBought (2011-04-04) - Undisclosed2011-04-04
HAWTHORN
1A Malmsbury StreetBought$1,730,000$5,9662011-03-05
53 Haines StreetPassed InPI: $900,000$5,9662011-03-05
41 Urquhart StreetBought$2,042,000$2,9092011-03-05
5 Allen StreetBought$1,005,000$4,8322011-03-05
20 Belgrave AvenueBoughtR: $959,000 - $1,055,000$3,688 - $4,0582011-03-05
66 Manningtree RoadPassed InPI: $2,650,000$3,688 - $4,0582011-03-05
56 Melville StreetBoughtBought (2011-03-21) - R: $1,122,030 - $1,234,350$4,775 - $5,2532011-03-21
50 Kooyongkoot RoadBoughtR: $1,774,150 - $1,951,750$3,815 - $4,1972011-03-05
10 Fairmount RoadBought$1,200,000$2,1052011-03-05
HAWTHORN EAST
27 Auburn ParadeBought$1,360,000$2,8812011-03-05
11A Fletcher StreetPassed InPI: $920,000$2,8812011-03-05
37 Harcourt StreetBoughtR: $2,234,470 - $2,458,150$2,921 - $3,2132011-03-05
KEW
52 Childers StreetBoughtUndisclosed2011-03-05
3 Maitland AvenueBought$1,220,000$1,8652011-03-05
2 Carson StreetPassed InPI: $1,610,000$1,8652011-03-05
26 Queen StreetBought$1,217,500$3,6022011-03-05
69 Argyle RoadBoughtBought (2011-04-01) - Undisclosed2011-04-01
KEW EAST
7 Hartwood StreetPassed InPI: $1,600,0002011-04-01
122 Kilby RoadBoughtR: $1,208,340 - $1,329,300$1,667 - $1,8342011-03-05
99 Belford RoadBought$1,217,000$1,7022011-03-05
MONT ALBERT
398 Mont Albert RoadBoughtR: $1,414,525 - $1,556,125$1,423 - $1,5662011-03-05
SURREY HILLS
52 Croydon RoadPassed InPI: $1,680,000
30 Essex RoadBought$1,710,000$1,6092011-03-05
6 Marne StreetBoughtR: $1,337,805 - $1,471,725$1,908 - $2,0992011-03-01
20 Park RoadBought$1,331,000$1,3782011-03-05
178 Union RoadBoughtBought (2011-05-07) - Undisclosed2011-05-07
176 Union RoadBoughtBought (2011-05-07) - Undisclosed2011-05-07
boroondara Private Sales
SURREY HILLS
30 Scheele Street, SURREY HILLS
Bought: undisclosed
30 SCHEELE STREET
GLEN IRIS
43 Madeline Street, GLEN IRIS
Bought: undisclosed
43 MADELINE STREET
HAWTHORN
23 Lisson Grove, HAWTHORN
Bought: undisclosed
23 LISSON GROVE
BALWYN NORTH
9 Bernard Street, BALWYN NORTH
Bought: undisclosed
9 BERNARD STREET
ADDRESSBOUGHT PRICEIMPROVED $/SQM
BALWYN26 Bevan StreetUndisclosed
63 Metung Street$1,220,000$1,877
BALWYN NORTH1/11 Winfield Road$1,050,000$4,150
41 Hosken StreetUndisclosed
9 Bernard StreetRange: $1,102,850 - $1,213,250$1,751 - $1,926
CAMBERWELL19 Finsbury WayRange: $1,567,965 - $1,724,925$2,199 - $2,419
226 Warrigal RoadUndisclosed
CANTERBURY3 Dudley Parade$1,224,000$1,883
GLEN IRIS43 Madeline StreetRange: $1,043,392 - $1,147,840$1,431 - $1,575
HAWTHORN130 Church Street$2,500,000$6,631
23 Lisson GroveRange: $3,596,250 - $3,956,250$3,058 - $3,364
7 Mary Street$3,050,000$4,116
21 Pine StreetRange: $1,303,281 - $1,433,745$4,245 - $4,670
KEW14 Hillcrest AvenueRange: $1,831,690 - $2,015,050$2,439 - $2,683
14 Alfred Street$2,700,000$2,692
SURREY HILLS30 Scheele StreetUndisclosed
HAWTHORN EAST, 27 Auburn Pde
HAWTHORN EAST, 27 Auburn Pde | Peter Batrouney (Jellis Craig)
Under Hammer: $1,360,000 - 4 Bidders (Photo: Joshua Bong)

Subscribe to our Market News Newsletter


Tags: , , , , , , , , , ,


Inside James Market News