oc | Wednesday 22nd January

Boroondara



First winter weekend – the mood is frosty but the results remain solid for the best in Boroondara

In Boroondara, the auction mood was a little frosty. But in the jewel suburbs of , and East, 8 from 8 scheduled auction properties sold. Of the 8 auctions we attended, 5 sold – so the news overall was not too bad.

Most of the top selling agents continue to get solid results, namely:

(Kay & Burton) – the Boroondara office sold 4 from 4 on the weekend. Scott also sold 12a Royal Crescent, last week for a price we believe to be in the high $3,000,000s. Well done to the vendor there for hanging tough and staying with the K & B team – that was on the market for some time.

James Tostevin () – 2 from 3 on the weekend. 1 Lyndhurst Crescent, Hawthorn (sold under the hammer for $2,051,000, 3 bidders) was a particularly strong result. It just goes to show that the double-fronted period home market in Hawthorn continues to be well supported by buyers.

Steve Burke () – another good weekend selling another $3 million plus property, 50 Seymour Grove, Camberwell. The tennis court site sold under the hammer for $3,550,000. There were 4 bidders and the reserve was $2,900,000. That puts at just under $2,000/m2 in central Camberwell (and more in better streets) – consistent with similar properties sold in this area for the past year or two.

Another strong result was 4 The Ridge, , selling last week for more than $6,500,000. Michael Ebeling and Sarah Case from were the agents. The house was built to a very high standard and it is a beauty. Land size was 860m2, so allowing $3,000/m2 for land (say $2,600,000) was the house worth $4,000,000? Well, the buyer thought so……..

Good to see the coffee scene in Camberwell keeps on improving. Tucked down a street near Camberwell station (on the opposite side of the tracks to Collective Espresso), Coffeehead is a must for caffeine fanatics. The smell of roasting coffee wafts down the street, and the spacious warehouse-style shop is filled with coffee gadgets from roasters to take-home beans. Several machines and grinds mean all tastes should be satisfied, whether it’s for an intense long black with a citrus aroma or a full-bodied latte with creamy chocolate notes. Coffeehead is definitely worth a visit.

Queen’s Birthday holiday next weekend, so no auctions to report. We will be back on deck the week after. Until then…….

Design Smart

Architect Adam

KEW, 89 Edgevale Rd
KEW, 89 Edgevale Rd | Paul Williamson (Jellis Craig)
Under Hammer: Bought range: $1,793,330 - $1,972,850 - 3 Bidders (Photo: Gina Kantzas)
Bidderbuzz Auction
"The cold brisk morning didn't stop a crowd of 80 people from coming to see this double fronted Victorian sell under the hammer, with auctioneer Paul Williamson and agent Mark Lawson presiding.The auction opened with a genuine bid of $1,600,000 and a second bidder quickly joined in. The property was on the market at $1,760,000 and just when it seemed to be over at $1,820,000 a third bidder offered $5,000 more. The property was bought soon after by bidder two for an undisclosed amount. " (Gina Kantzas)

 

Biggest Sale: HAWTHORN, 44 Kinkora Rd
James Tostevin (Marshall White); After Auction, $2,280,000 - 3 Bidders

"A substantial parcel of land situated in “one of the most popular streets in Hawthorn” were the enthusiastic words of auctioneer James Tostevin to the crowd of 60, who filled the property’s front garden. A vendor bid of $2,100,000 opened proceedings as Mr Tostevin sought $25,000 rises. Mr Tostevin did his utmost to create a competition and in the dying minutes of the auction a genuine bid of $2,100,000 was offered and accepted. A second and third bidder soon joined proceedings with bids of $2,105,000 and $2,110,000 respectively. However, with no further bidding on the day, the property was passed in. Bought after auction." (Kate Agnoleto)

 

Biggest Pass In: CANTERBURY, 85 Mont Albert Rd
Richard James (Jellis Craig); Passed In: $4,700,000 - 0 Bidders

"Plenty of foot traffic at this auction! The large crowd of 120 saw auctioneer Richard James do his utmost to extract a genuine bid but nothing was forthcoming. He therefore presented an opening vendor bid of $4,700,000 then stepped inside to consult with the vendors momentarily. The passing drivers were rubbernecking to see what was attracting all the attention yet still no bidding action, so the property was passed in for $4,700,000." (Doug Paget)
$1M+ boroondara Featured Auctions
UNDISCLOSED
JAMES HOME RATINGS
CAMBERWELL: 619 Riversdale Rd
619 Riversdale Road
PASSED IN: $2,100,000
619
/1000
JAMES HOME RATINGS
GLEN IRIS: 28 Peate Av
28 Peate Avenue
BOUGHT RANGE*: $1,582,350 - $1,740,750
No report
UNDISCLOSED
JAMES HOME RATINGS
GLEN IRIS: 2 Ruskin Ct
2 Ruskin Court
PASSED IN: $1,000,000
537
/1000
JAMES HOME RATINGS
HAWTHORN: 44 Kinkora Rd
44 Kinkora Road
BOUGHT: $2,280,000
626
/1000
JAMES HOME RATINGS
HAWTHORN: 1 Lyndhurst Cr
1 Lyndhurst Crescent
BOUGHT: $2,051,000
732
/1000
JAMES HOME RATINGS
HAWTHORN EAST: 23 Ryeburne Av
23 Ryeburne Avenue
BOUGHT RANGE*: $1,891,148 - $2,080,460
727
/1000
JAMES HOME RATINGS
KEW: 89 Edgevale Rd
89 Edgevale Road
BOUGHT*: Undisclosed
653
/1000
JAMES HOME RATINGS
KEW: 137 Eglinton St
137 Eglinton Street
BOUGHT RANGE*: $1,342,600 - $1,477,000
UNDISCLOSED
JAMES HOME RATINGS
KEW: 4 Royston Ct
4 Royston Court
BOUGHT RANGE*: $2,719,724 - $2,991,980
No report
Stonnington Weekly
boroondara Scheduled Auctions
SURREY HILLS
1037 Riversdale Road, SURREY HILLS
Bought undisclosed
1037 RIVERSDALE ROAD
GLEN IRIS
2 Ruskin Court, GLEN IRIS
Bought $1,047,000
2 RUSKIN COURT
CAMBERWELL
619 Riversdale Road, CAMBERWELL
Bought undisclosed
619 RIVERSDALE ROAD
KEW
99 Peel Street, KEW
Bought $1,305,000
99 PEEL STREET
ADDRESSRESULTPRICEIMPROVED $/SQMBOUGHT
ASHBURTON
8 Lexia StreetBought$1,460,000$2,4172012-06-02
BALWYN
6 Eyre StreetBought$1,710,000$3,8002012-06-02
17 Birdwood StreetPassed InPI: $1,140,000$3,8002012-06-02
BALWYN NORTH
21 Osburn AvenuePassed InPI: $1,625,000$3,8002012-06-02
CAMBERWELL
119 Through RoadBoughtUndisclosed2011-08-17
619 Riversdale RoadPassed InPI: $2,100,0002011-08-17
50 Seymour GroveBought$3,550,000$1,9782012-06-02
CANTERBURY
85 Mont Albert RoadPassed InPI: $4,700,000
GLEN IRIS
40 Gardiner ParadeNot Reported
28 Peate AvenueBoughtR: $1,582,350 - $1,740,750$1,582 - $1,7412012-06-02
2 Ruskin CourtPassed InPI: $1,000,000$1,582 - $1,7412012-06-02
HAWTHORN
44 Kinkora RoadBought$2,280,000$21,9232012-06-02
1 Lyndhurst CrescentBought$2,051,000$3,7772012-06-02
HAWTHORN EAST
23 Ryeburne AvenueBoughtR: $1,891,148 - $2,080,460$2,230 - $2,4532012-06-02
KEW
27 Heather GroveBought$1,385,000$2,1442012-06-02
99 Peel StreetBought$1,305,000$2,6912012-06-02
4 Royston CourtBoughtR: $2,719,724 - $2,991,980$2,159 - $2,3752012-06-02
89 Edgevale RoadBoughtUndisclosed2012-06-02
137 Eglinton StreetBoughtR: $1,342,600 - $1,477,000$1,807 - $1,9882012-06-02
MONT ALBERT NORTH
24a Jackson AvenueBoughtBought (2012-08-06) - R: $1,098,055 - $1,207,975$1,968 - $2,1652012-08-06
SURREY HILLS
82 Middlesex RoadBoughtR: $1,045,310 - $1,149,950$2,987 - $3,2862012-06-02
1037 Riversdale RoadBoughtR: $1,361,780 - $1,498,100$3,388 - $3,7272012-06-02
boroondara Private Sales
KEW
4 Royston Court, KEW
Bought: undisclosed
4 ROYSTON COURT
HAWTHORN
52 Haines Street, HAWTHORN
Bought: undisclosed
52 HAINES STREET
BALWYN
6 Salisbury Street, BALWYN
Bought: $1,880,000
6 SALISBURY STREET
HAWTHORN
99 Church Street, HAWTHORN
Bought: $1,175,000
99 CHURCH STREET
ADDRESSBOUGHT PRICEIMPROVED $/SQM
BALWYN6 Salisbury Street$1,880,000$2,655
26 Reid StreetRange: $2,196,110 - $2,415,950$2,819 - $3,101
22 Barnsbury RoadRange: $498,680 - $548,600$210 - $231
BALWYN NORTH15 Loma Linda Grove$2,069,000$2,478
CAMBERWELL12a Royal CrescentRange: $3,548,300 - $3,903,500$2,269 - $2,496
CANTERBURY78 Mont Albert Road$1,340,000$2,120
81 Warburton RoadUndisclosed
4 The Ridge Range: $6,295,835 - $6,926,075$7,321 - $8,054
GLEN IRIS29 Lurnea Road$1,310,000$1,879
HAWTHORN99 Church Street$1,175,000$3,210
52 Haines StreetRange: $1,294,650 - $1,424,250$3,688 - $4,058
HAWTHORN EAST49 Havelock Road$1,750,000$2,362
KEW4 Belmont AvenueUndisclosed
1/1 Marshall AvenueRange: $1,630,300 - $1,793,500$1,662 - $1,828
4 Ridgeway Avenue$1,850,000$1,740
4 Royston CourtRange: $2,719,724 - $2,991,980$2,159 - $2,375
MONT ALBERT2 Kenmare Street$1,245,000$1,892
SURREY HILLS11 Sherwood Road$1,200,000$1,480
HAWTHORN, 44 Kinkora Rd
HAWTHORN, 44 Kinkora Rd | James Tostevin (Marshall White)
After Auction: $2,280,000 - 3 Bidders (Photo: Kate Agnoleto)

Subscribe to our Market News Newsletter


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


Inside James Market News