oc | Thursday 23rd January

Bayside/Port Phillip, Port Phillip



Port Phillip Weekly

Of the eight properties that were up for sale for over $1 million this weekend in Port Phillip, the hammer rate was 25% at 6pm Saturday 11th August.

One of the properties that sold was a rare vacant block of , measuring 391 sq metres in Albert Park at 17 Hambleton Street. It was auctioned by Kaine Lanyon from Real Estate and sold under the hammer for $2,070,000.

The other sale was for 1 Addison street, , a single-storey Edwardian offering accommodation for a small family. It was sold by Alex Schiavo, from Real Estate, in the range of $1,425,000 and $1,570,000 on a quote of $1.3m +. The house has three bedrooms, one bathroom and a small courtyard.

Six other properties were passed in.

Looking ahead to next weekend, we have another eight $1m+ properties up for sale. But there is another lull the following weekend, with only two $1m+ properties listed for auction on August 25th.

Still not a lot of quality homes on the market in the coming weeks, so buyers looking for that real pot of gold will need to maintain their patience.

ELWOOD, 1 Addison St
ELWOOD, 1 Addison St | Gerald Delany (Kay & Burton)
After Auction: Bought range: $1,424,115 - $1,566,675 - 3 Bidders (Photo: Debbie McTaggart)
Bidderbuzz Auction
"The sun shone on the crowd that had gathered to see Gerald Delany take this property to auction. After a brief description of what life could be like for those interested in buying this home, a call for bids was made. A vendor bid of $1,300,000 was needed to get proceedings started and was almost trumped by the gruff bark of a black labrador, which sadly didn't have the funds to take things further. That didn't really matter as strong bidding in a mix of $5,000 and $10,000 increments followed and the price was soon at $1,455,000. Instructions were sought to see if the house was on the market, but for the vendor, it wasn't quite there yet. At $1,470,000 further instructions were sought and although close, not quite enough to see it sell under the hammer and the house was passed in. Bought after for an undisclosed amount." (Debbie McTaggart)

 

Biggest Sale: BRIGHTON, 45 Middle Cr
Jonathan Dixon (J P Dixon); Under Hammer, Bought range: $2,790,690 - $3,070,050 - 2 Bidders

"Thoroughly professional, and highly entertaining throughout proceedings, Jonathan Dixon promised a brisk auction, in line with the brisk weather, as very dark clouds threatened above. As he went through the usual preliminaries, Jonathan mentioned that the 8-year-old modern family home was not in a flood prone area, which drew a few chuckles from those in the crowd - especially as the first of the day's raindrops started to fall! Opening on a vendor bid of $2,800,000, Jonathan was quickly offered a $10,000 rise from a genuine bidder. This was quickly countered by another $10,000 rise and Jonathan immediately had a fierce two-way battle on his hands. Jonathan retreated inside to chat with his vendor. Upon his return, he announced that the property was indeed on the market. Giving Bidder 2 every chance to re-join the competition, but with no further bidding on the day, the property was bought under the hammer by Bidder 1, much to the delight of the 40 or so in attendance." (Jen Milligan)

 

Biggest Pass In: BRIGHTON, 22 Normanby St
Campbell Cooney (Hodges); Passed In: $3,300,000 - 0 Bidders

"Campbell Cooney had just come from another auction at which heavy black clouds hovered ominously above. At the auction of this renovated Edwardian home, the sun was shining so brightly that instead of people huddling under trees to stay dry, the 40 or so people in the crowd spread out along the opposing fence to enjoy the sunshine. Melbourne weather! Campbell took centre stage and searched the crowd for an opening bid. You could almost hear a pin drop, Normanby St was that quiet. Unable to find a crowd bid, Campbell instead opened with a vendor bid of $3,300,000 and sought offers of $3,400,000. Despite suggesting that there were indeed some interested buyers in the crowd, Campbell was unable to secure a genuine offer on the day and the property was passed in on the original vendor bid." (Jen Milligan)
$1M+ bayside/port phillip Featured Auctions
669
/1000
JAMES HOME RATINGS
ALBERT PARK: 17 Hambleton St
17 Hambleton Street
BOUGHT RANGE*: $1,985,130 - $2,183,850
UNDISCLOSED
JAMES HOME RATINGS
BLACK ROCK: 54 Stanley St
54 Stanley Street
PASSED IN: $1,250,000
UNDISCLOSED
JAMES HOME RATINGS
BRIGHTON: 45 Middle Cr
45 Middle Crescent
BOUGHT RANGE*: $2,790,690 - $3,070,050
741
/1000
JAMES HOME RATINGS
BRIGHTON: 22 Normanby St
22 Normanby Street
PASSED IN: $3,300,000
UNDISCLOSED
JAMES HOME RATINGS
BRIGHTON: 75 Roslyn St
75 Roslyn Street
BOUGHT: $2,300,000
No report
UNDISCLOSED
JAMES HOME RATINGS
BRIGHTON: 3/61 Well St
3/61 Well Street
BOUGHT: $2,525,000
653
/1000
JAMES HOME RATINGS
BRIGHTON EAST: 16 Moore St
16 Moore Street
BOUGHT: $1,120,000
629
/1000
JAMES HOME RATINGS
ELWOOD: 1 Addison St
1 Addison Street
BOUGHT RANGE*: $1,424,115 - $1,566,675
655
/1000
JAMES HOME RATINGS
ELWOOD: 98 Addison St
98 Addison Street
PASSED IN: $1,410,000
UNDISCLOSED
JAMES HOME RATINGS
PORT MELBOURNE: 45 Stokes St
45 Stokes Street
PASSED IN: $1,065,000
698
/1000
JAMES HOME RATINGS
SANDRINGHAM: 9 Susan St
9 Susan Street
PASSED IN: $1,360,000
Stonnington Weekly
port phillip Scheduled Auctions
PORT MELBOURNE
163 Stokes Street, PORT MELBOURNE
Bought undisclosed
163 STOKES STREET
ELWOOD
1 Addison Street, ELWOOD
Bought undisclosed
1 ADDISON STREET
PORT MELBOURNE
45 Stokes Street, PORT MELBOURNE
Passed In $1,065,000
45 STOKES STREET
ALBERT PARK
17 Hambleton Street, ALBERT PARK
Bought undisclosed
17 HAMBLETON STREET
bayside Scheduled Auctions
BEAUMARIS
21 Cavell Court, BEAUMARIS
Bought $1,065,000
21 CAVELL COURT
SANDRINGHAM
9 Susan Street, SANDRINGHAM
Bought undisclosed
9 SUSAN STREET
BRIGHTON
75 Roslyn Street, BRIGHTON
Bought $2,300,000
75 ROSLYN STREET
BRIGHTON
22 Normanby Street, BRIGHTON
Bought undisclosed
22 NORMANBY STREET
ADDRESSRESULTPRICEIMPROVED $/SQMBOUGHT
BEAUMARIS
21 Cavell CourtPassed InPI: $1,000,000
BLACK ROCK
54 Stanley StreetPassed InPI: $1,250,000
BRIGHTON
75 Roslyn StreetBought$2,300,000$3,5332012-08-11
3/61 Well StreetBought$2,525,000$3,4122012-08-11
22 Normanby StreetPassed InPI: $3,300,000$3,4122012-08-11
45 Middle CrescentBoughtR: $2,790,690 - $3,070,050$4,274 - $4,7012012-08-11
7 Lynch StreetBought$1,110,000$2,8242012-08-11
372 St Kilda StreetBought$1,180,000$3,1052012-08-11
BRIGHTON EAST
16 Moore StreetBought$1,120,000$3,0032012-08-11
1 Cambridge StreetBought$1,025,000$1,4582012-07-19
1 Meyer CourtBought$1,180,000$1,9932012-08-11
SANDRINGHAM
9 Susan StreetPassed InPI: $1,360,000$1,9932012-08-11
ALBERT PARK
17 Hambleton StreetBoughtR: $1,985,130 - $2,183,850$5,077 - $5,5852012-08-11
1 Little OGrady StreetNot Reported
ELWOOD
98 Addison StreetPassed InPI: $1,410,000
1 Addison StreetBoughtR: $1,424,115 - $1,566,675$3,172 - $3,4892012-08-11
MIDDLE PARK
83 Carter StreetPassed InPI: $1,400,000$3,172 - $3,4892012-08-11
PORT MELBOURNE
163 Stokes StreetBoughtR: $839,125 - $923,125$2,497 - $2,7472012-08-11
45 Stokes StreetPassed InPI: $1,065,000
143 Cruikshank StreetPassed InPI: $1,200,000
bayside Private Sales
BLACK ROCK
522 Balcombe Road, BLACK ROCK
Bought: undisclosed
522 BALCOMBE ROAD
port phillip Private Sales
MIDDLE PARK
69 Mills Street, MIDDLE PARK
Bought: $1,105,000
69 MILLS STREET
bayside Private Sales
BRIGHTON
4 Avonbury Court, BRIGHTON
Bought: undisclosed
4 AVONBURY COURT
BRIGHTON EAST
14 Centre Road, BRIGHTON EAST
Bought: undisclosed
14 CENTRE ROAD
REPORTED BAYSIDE PRIVATE SALES
REPORTED PORT PHILLIP PRIVATE SALES
ADDRESSBOUGHT PRICEIMPROVED $/SQM
BEAUMARIS96 Tramway Parade$1,200,000$1,247
63 Haldane StreetUndisclosed
BLACK ROCK522 Balcombe RoadRange: $2,589,300 - $2,848,500$1,207 - $1,327
BRIGHTON4 Avonbury CourtUndisclosed
BRIGHTON EAST14 Centre RoadUndisclosed
19 Garden Avenue$2,000,000$1,498
ELWOOD6 Vautier Street$1,750,000$2,971
MIDDLE PARK69 Mills Street$1,105,000
BRIGHTON, 45 Middle Cr
BRIGHTON, 45 Middle Cr | Jonathan Dixon (J P Dixon)
Under Hammer: Bought range: $2,790,690 - $3,070,050 - 2 Bidders (Photo: Jen Milligan)

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