oc | Thursday 23rd January

Bayside/Port Phillip, Port Phillip



Despite Grand Prix and Easter there has been a bit of action in Port Phillip this month

, 2 Marine Pde: On what was a bit of a rollercoaster day auction-wise, it was apt that the backdrop of this Claudio Perruzza (Biggin Scott) auction was the Scenic Railway at Luna Park. Passed in $1,850,000, no bidders

St Kilda, 367 Beaconsfield, a ripper , finally sold with Andrew Macmillan for about half the initial very ambitious asking price after a long time on the market, with a number of different campaigns and agents.

, 62 Barrett St (Peter Simmons) a  three bedroom single fronted with parking, showed that if the quality is there and the price is right, $1,575,000, then the bidders will come. There were 4 bidders at this auction. See report below.

, 10 Loch St with John Holdsworth sold for $3,650,000 at Private Sale after auction.

Damian O’Sullivan, , Albert Park: “Post Easter, both should expect to see greater sales activity. This has historically been the case over the years when the market briefly pauses for Easter and school holidays. The weekend of April 30 and beyond will see greater auction volume as a direct result. Typically, this will be the case until winter really sets in, but prospective sellers should see winter as an opportune time to contemplate selling as fewer properties will be offered for sale.”

Lets hope that with the interruptions of the past month behind us, we will see a bit more stock coming onto the market, post Easter. Traditionally that tends not to happen until Spring. But we can always hope.

Have a safe Easter – Guy.

, 107 Mitford St: Small crowd and only a vendor bid at this Rob Watson (Century 21 Wilson) auction. Passed in, $1,300,000

ALBERT PARK, 62 Barrett St
ALBERT PARK, 62 Barrett St | Peter Simmons (Peter Simmons)
After Auction: $1,575,000 - 4 Bidders (Photo: Guy Angwin)
Bidderbuzz Auction
"Barrett Street is considered to be one of the better streets in Albert Park and this was clearly evident by this very large crowd of over 170 that spilled onto the road. Peter Simmons waited patiently for an opening bid which was made at $1,200,000. With the ice broken three other bidders entered into the spirit of the occasion and helped take the price to $1,510,000. This still wasn’t enough and after two referrals the property was passed in at $1,510,000. Bought after for $1,575,000" (Guy Angwin)

 

Biggest Sale: BRIGHTON, 18 Cadby St
Leigh Hallamore (Buxton); After Auction, $1,630,000 - 2 Bidders

"In this delightfully quiet street, so close to everything, a small crowd listened to Leigh Hallamore give a thorough presentation as a preamble to the sale of this large family home. After the usual hesitation, there was an opening bid of $1,400,000 but only one more offer of $1,500,000 was made and the property was passed in to the higher bidder for further negotiation. Bought after for $1,630,000." (David James)

 

Biggest Pass In: ST KILDA, 2 Marine Pde
Claudio Perruzza (Biggin & Scott); Passed In: $1,850,000 - 0 Bidders

"With the sounds of Luna Park's Scenic Railway rattling in the background auctioneer Claudio Perruzza chose not to fight the many noises that surrounded him and kept the preamble brief and to the point. As the large crowd enjoyed the early winter sun, Mr Perruzza tried in vain to get an opening bid, no luck and a vender bid of $1,850,000 was made. Half time was called and after a quick chat the large crowd still refused to co-operate with an opening bid. The property was passed in on the one vendor bid. " (Guy Angwin)
$1M+ bayside/port phillip Featured Auctions
633
/1000
JAMES HOME RATINGS
ALBERT PARK: 62 Barrett St
62 Barrett Street
BOUGHT: $1,575,000
651
/1000
JAMES HOME RATINGS
ALBERT PARK: 54 O'Grady St
54 O'Grady Street
BOUGHT RANGE*: $1,026,130 - $1,128,850
No report
536
/1000
JAMES HOME RATINGS
BRIGHTON: 8 St James Park Dr
8 St James Park Drive
PASSED IN: $1,400,000
673
/1000
JAMES HOME RATINGS
BRIGHTON: 18 Cadby St
18 Cadby Street
BOUGHT: $1,630,000
651
/1000
JAMES HOME RATINGS
BRIGHTON: 11 Vaucluse St
11 Vaucluse Street
PASSED IN: $1,350,000
UNDISCLOSED
JAMES HOME RATINGS
BRIGHTON EAST: 6 Northern Av
6 Northern Avenue
BOUGHT: $1,290,000
667
/1000
JAMES HOME RATINGS
ELWOOD: 107 Mitford St
107 Mitford Street
PASSED IN: $1,300,000
701
/1000
JAMES HOME RATINGS
HAMPTON: 89 Mills St
89 Mills Street
BOUGHT: $1,400,000
UNDISCLOSED
JAMES HOME RATINGS
PORT MELBOURNE: 9 The Cove
9 The Cove
BOUGHT*: Undisclosed
No report
UNDISCLOSED
JAMES HOME RATINGS
SOUTH MELBOURNE: 4 Tribe St
4 Tribe Street
BOUGHT RANGE*: $1,172,857 - $1,290,265
No report
550
/1000
JAMES HOME RATINGS
ST KILDA: 2 Marine Pde
2 Marine Parade
PASSED IN: $1,850,000
Stonnington Weekly
port phillip Scheduled Auctions
ELWOOD
98 Tennyson Street, ELWOOD
Bought $1,085,000
98 TENNYSON STREET
SOUTH MELBOURNE
4 Tribe Street, SOUTH MELBOURNE
Bought undisclosed
4 TRIBE STREET
PORT MELBOURNE
29 Stokes Street, PORT MELBOURNE
Bought undisclosed
29 STOKES STREET
PORT MELBOURNE
9 The Cove , PORT MELBOURNE
Bought undisclosed
9 THE COVE
bayside Scheduled Auctions
BEAUMARIS
22 Bonanza Road, BEAUMARIS
Bought $976,000
22 BONANZA ROAD
BRIGHTON
3/125 St Andrews Street, BRIGHTON
Bought $1,100,000
3/125 ST ANDREWS STREET
BRIGHTON EAST
14 Charles Street, BRIGHTON EAST
Not Reported
14 CHARLES STREET
BEAUMARIS
36 Haydens Road, BEAUMARIS
Bought $1,201,000
36 HAYDENS ROAD
ADDRESSRESULTPRICEIMPROVED $/SQMBOUGHT
BEAUMARIS
22 Bonanza RoadBought$976,000$1,7592011-04-16
20 Erowal StreetBoughtBought (2011-06-21) - Undisclosed2011-06-21
36 Haydens RoadBought$1,201,000$1,6612011-04-16
BRIGHTON
8 St James Park DrivePassed InPI: $1,400,000$1,6612011-04-16
18 Cadby StreetBought$1,630,000$2,9262011-04-16
11 Vaucluse StreetPassed InPI: $1,350,000$2,9262011-04-16
3/125 St Andrews StreetBought$1,100,000$1,5712011-04-13
BRIGHTON EAST
14 Charles StreetNot Reported
6 Northern AvenueBought$1,290,000$1,7552011-04-16
HAMPTON
59 Raynes Park RoadPassed InPI: $1,125,000
89 Mills StreetBought$1,400,000$1,8592011-04-16
36 Crisp StreetPassed InPI: $1,750,000$1,8592011-04-16
ALBERT PARK
62 Barrett StreetBought$1,575,000$7,1272011-04-16
54 O'Grady StreetBoughtR: $1,026,130 - $1,128,850$6,620 - $7,2832011-04-10
ELWOOD
98 Tennyson StreetBought$1,085,000$3,9602011-04-16
107 Mitford StreetPassed InPI: $1,300,000$3,9602011-04-16
PORT MELBOURNE
9 The Cove BoughtUndisclosed2011-03-25
29 Stokes StreetBoughtBought (2011-07-05) - Undisclosed2011-07-05
73/85 Rouse StreetBoughtBought (2011-04-18) - Undisclosed2011-04-18
SOUTH MELBOURNE
4 Tribe StreetBoughtR: $1,172,857 - $1,290,265$5,864 - $6,4512011-04-13
ST KILDA
28/133 Fitzroy StreetBoughtBought (2011-05-19) - Undisclosed2011-05-19
2 Marine ParadePassed InPI: $1,850,0002011-05-19
port phillip Private Sales
ELWOOD
98 Ruskin Street, ELWOOD
Bought: $1,450,000
98 RUSKIN STREET
ST KILDA
12 Wordsworth Street, ST KILDA
Bought: undisclosed
12 WORDSWORTH STREET
PORT MELBOURNE
701/155 Beach Street, PORT MELBOURNE
Bought: $2,050,000
701/155 BEACH STREET
bayside Private Sales
SANDRINGHAM
1 Edward Street, SANDRINGHAM
Bought: $1,580,000
1 EDWARD STREET
REPORTED BAYSIDE PRIVATE SALES
REPORTED PORT PHILLIP PRIVATE SALES
ADDRESSBOUGHT PRICEIMPROVED $/SQM
BEAUMARIS2/422 Beach Road$1,575,000$2,749
423 Beach Road$1,600,000$2,726
HAMPTON11 Hamel Street$1,400,000$2,310
SANDRINGHAM1a Abbott StreetRange: $1,745,380 - $1,920,100$3,819 - $4,202
3 Edward Street$1,747,500$2,414
1 Edward Street$1,580,000$2,500
ELWOOD98 Ruskin Street$1,450,000$3,554
PORT MELBOURNE701/155 Beach Street$2,050,000$258
SOUTH MELBOURNE4 Tribe StreetRange: $1,172,857 - $1,290,265$5,864 - $6,451
ST KILDA367 Beaconsfield ParadeRange: $4,411,400 - $4,853,000$5,386 - $5,926
12 Wordsworth StreetUndisclosed
HAMPTON, 89 Mills St
HAMPTON, 89 Mills St | Mark Earle (Buxton)
Under Hammer: $1,400,000 - 3 Bidders (Photo: Kate Agnoleto)

Subscribe to our Market News Newsletter


Tags: , , , , , , ,


Inside James Market News