oc | Sunday 26th January

Bayside, Bayside/Port Phillip



Bayside weekly

As this is the final Marketnews for 2012, some highlights below

Most memorable Auction;

43 Seacombe Grove (Barb Gregory) on 26th May 2012

Three bidders fought it out for absolute Brighton waterfront at this auction beginning with rapid fire $100,000 bids  – Auctioneer Jack Bongiorno kept the pace until it was bought under the hammer for $7,770,000. One of the biggest auctions in terms of dollars for a very long time. https://marketnews.com.au/auction-reviews/19653/43-Seacombe-Grove-BRIGHTON/

Most memorable ;

13 Downes Ave Brighton (Ian Whiteside) auctioned on 14th October 2012

There was a buzz around town about this property (with buyers and agents) and over 40 groups attended the first Open. This was one of the few quality, fully renovated family homes around $3m in Brighton during the previous 12 months. Rated a whopping 877/1000, quoted $3m+, on the market around $3.2m and sold under the hammer for $3.6m after 3 bidders competed at a Sunday lunchtime auction.  http://www.james.net.au/rating/13-Downes-Avenue-BRIGHTON

And This Week – the final word from agents;

Julian Augustini, Hodges ( Brighton)

  • 2012 has finished on a more positive note than it began
  • There have been a number of stronger sales in the upper end of the market in the latter part of the year
  • Stock levels are high for this time of year but buyer seems to be increasing. Lets hope this points towards continued positivity in 2013

Bill Jowett, Buxton ():  “All in all I think the market has stabilized to a degree and that vendors are finally beginning to accept that there has been a downward shift in the market over the last 12 months or so . This being the case properties are selling and buyers see in the properties that are hitting the market. The bayside market has a personality all its own, however right now it’s as good a time to buy as ever with prices giving buyers at all levels a chance to become a part of bayside. is a great time to be on the alert with sales always at a high and stock levels solid. It provides those returning from overseas  or the family looking to position itself with schooling next year into a home that meets their requirements.  Statistics provided by an independent source to the our Buxton office show an upward trend in house prices across Melbourne over the Sept qtr for the first time in 18 months so I would like to think that the market is on the improve and that we will see a buoyant start to the 2013 calendar year.

John Clarkson, (Brighton): Real Estate in 2012 has created challenges for agents , vendors and buyers alike . Sellers who have stayed in tune with the market have still achieved fair outcomes during the year. However for the parties that are still holding out for their dream price , the frustration meter has been  at record levels . The positive for all parties is that now the year is drawing to a close we look forward to 2013 being a more balanced year. It looks like being a good opportunity to buy and sell in the same market if your expectations are realistic. For the sellers who are looking forward to times it will be a lonely period . However informed

HAWTHORN, 28 Chrystobel Cr
HAWTHORN, 28 Chrystobel Cr | Scott Patterson (Kay & Burton)
Under Hammer: $3,110,000 - 8 Bidders (Photo: Joshua Bong)
Bidderbuzz Auction
"Back again in the Grace Park estate where last week a property just down the road from this one sold after auction, so it would be interesting to see what would unfold at this one. Auctioneer Scott Patterson was at the helm of this auction which had about 60 people in attendance and boy did they get a show. Bidding started off strongly at $2,600,000 and soon we had four bidders in the running who quickly pushed the price to $2,800,000 where the property was declared on the market. Some of the bidders thought that the auction was going to wind up soon, but that was not going to happen as two new bidders popped up and added extra momentum to the auction. At around the $3,000,000 mark the crowd started thinking that surely this is it, but lo and behold another two bidders appeared which drew some gasps from the crowd. A total of 8 bidders fought it out but as Mr Patterson said only one name can go on the property and it was the last bidder who came out successfully at $3,110,000. A great auction with Sam Wilkinson assisting well in spotting the bidders." (Joshua Bong)

 

Biggest Sale: TOORAK, 3 Torresdale Ct
Justin Long (Marshall White); After Auction, Bought range: $3,164,700 - $3,481,500 - 2 Bidders

"An avenue of Manchurian pears provided a picturesque setting for this auction and some welcome shade for the onlookers. The gleam of Justin Long's gavel and his energetic preamble added some sparkle to the event, and enticed a genuine bid of $3,000,000. A second bidder lifted the figure to $3,270,000 before proceedings stalled. The property was subsequently passed in to the initial bidder for this amount. Bought after for an undisclosed amount." (Doug Paget)

 

Biggest Pass In: SOUTH YARRA, 9 Tivoli Rd
Mark Wridgway (RT Edgar); Passed In: $3,310,000 - 3 Bidders

"An opening genuine bid of $2,500,000 was politely declined by auctioneer Mark Wridgway. This prompted him to submit a vendor bid of $3,200,000 before calling for more crowd action. Bathed in sunlight, Mr Wridgway enticed only a trickle of bids to increase the price to $3,310,000. Not enough to place the property on the market, so it was duly passed in for this figure." (Doug Paget)
$1M+ bayside Featured Auctions
649
/1000
JAMES HOME RATINGS
ALBERT PARK: 45 Reed St
45 Reed Street
BOUGHT: $1,825,000
664
/1000
JAMES HOME RATINGS
ARMADALE: 14 Myamyn St
14 Myamyn Street
BOUGHT RANGE*: $4,315,500 - $4,747,500
No report
654
/1000
JAMES HOME RATINGS
BENTLEIGH: 11 Cushing Av
11 Cushing Avenue
BOUGHT*: Undisclosed
UNDISCLOSED
JAMES HOME RATINGS
BRIGHTON: 1/57 Carpenter St
1/57 Carpenter Street
BOUGHT: $1,504,000
UNDISCLOSED
JAMES HOME RATINGS
BRIGHTON: 67 Cochrane St
67 Cochrane Street
PASSED IN: $2,500,000
UNDISCLOSED
JAMES HOME RATINGS
BRIGHTON: 80 Esplanade St
80 Esplanade Street
PASSED IN: $2,500,000
UNDISCLOSED
JAMES HOME RATINGS
BRIGHTON: 8 Lynch St
8 Lynch Street
PASSED IN: $1,700,000
UNDISCLOSED
JAMES HOME RATINGS
BRIGHTON: 17a New St
17a New Street
PASSED IN: $1,425,000
UNDISCLOSED
JAMES HOME RATINGS
BRIGHTON: 46 Orchard St
46 Orchard Street
PASSED IN: $1,625,000
685
/1000
JAMES HOME RATINGS
BRIGHTON: 53 Whyte St
53 Whyte Street
BOUGHT: $1,431,000
632
/1000
JAMES HOME RATINGS
CAMBERWELL: 28 Cochran Av
28 Cochran Avenue
PASSED IN: $2,850,000
UNDISCLOSED
JAMES HOME RATINGS
CANTERBURY: 3 Alexandra Av
3 Alexandra Avenue
PASSED IN: $1,770,000
695
/1000
JAMES HOME RATINGS
ELWOOD: 18 Bendigo Av
18 Bendigo Avenue
PASSED IN: $2,000,000
UNDISCLOSED
JAMES HOME RATINGS
ELWOOD: 19 Bendigo Av
19 Bendigo Avenue
PASSED IN: $2,200,000
648
/1000
JAMES HOME RATINGS
GLEN IRIS: 3 Martin Rd
3 Martin Road
BOUGHT: $1,455,000
688
/1000
JAMES HOME RATINGS
HAWTHORN: 28 Chrystobel Cr
28 Chrystobel Crescent
BOUGHT: $3,110,000
719
/1000
JAMES HOME RATINGS
HAWTHORN: 13 Lyall St
13 Lyall Street
PASSED IN: $1,762,000
692
/1000
JAMES HOME RATINGS
HAWTHORN: 5 Urquhart St
5 Urquhart Street
BOUGHT: $2,170,000
568
/1000
JAMES HOME RATINGS
HAWTHORN: 56 Urquhart St
56 Urquhart Street
BOUGHT: $1,400,000
UNDISCLOSED
JAMES HOME RATINGS
HAWTHORN EAST: 37 Lingwell Rd
37 Lingwell Road
BOUGHT: $1,500,000
725
/1000
JAMES HOME RATINGS
KEW: 30 Miller Gr
30 Miller Grove
BOUGHT: $1,820,000
UNDISCLOSED
JAMES HOME RATINGS
MALVERN: 25 Finlayson St
25 Finlayson Street
PASSED IN: $2,290,000
602
/1000
JAMES HOME RATINGS
MALVERN: 210 Wattletree Rd
210 Wattletree Road
BOUGHT*: Undisclosed
616
/1000
JAMES HOME RATINGS
MIDDLE PARK: 102 Hambleton St
102 Hambleton Street
BOUGHT*: Undisclosed
632
/1000
JAMES HOME RATINGS
MIDDLE PARK: 4 Langridge St
4 Langridge Street
BOUGHT RANGE*: $1,855,665 - $2,041,425
UNDISCLOSED
JAMES HOME RATINGS
SANDRINGHAM: 50 Kenneth St
50 Kenneth Street
BOUGHT*: Undisclosed
No report
UNDISCLOSED
JAMES HOME RATINGS
SOUTH YARRA: 30 Surrey Rd
30 Surrey Road
BOUGHT: $1,956,000
707
/1000
JAMES HOME RATINGS
SOUTH YARRA: 9 Tivoli Rd
9 Tivoli Road
PASSED IN: $3,310,000
UNDISCLOSED
JAMES HOME RATINGS
TOORAK: 3 Torresdale Ct
3 Torresdale Court
BOUGHT RANGE*: $3,164,700 - $3,481,500
Stonnington Weekly
ADDRESSRESULTPRICEIMPROVED $/SQMBOUGHT
IVANHOE
1 Studley RoadPassed In
3 Central AvenueBought$1,212,000$1,5542012-12-01
IVANHOE EAST
5 Warncliffe RoadBoughtUndisclosed2012-12-01
45 McArthur RoadBoughtUndisclosed2012-12-01
103 Maltravers RoadBought$1,110,000$1,9012012-12-01
BEAUMARIS
23 Cromer RoadPassed InPI: $1,325,000
17 Bodley StreetPassed InPI: $1,250,000
BRIGHTON
7 Armfield StreetPassed In
53 Whyte StreetBought$1,431,000$2,0502012-12-01
93a Martin StreetPassed In
1/6 Stanley StreetPassed In
67 Cochrane StreetPassed InPI: $2,500,000
17a New StreetPassed InPI: $1,425,000
80 Esplanade StreetPassed InPI: $2,500,000
82 Roslyn StreetBought$1,105,000$2,3662012-12-01
182 New StreetPassed In
46 Orchard StreetPassed InPI: $1,625,000
12 Berwick StreetBought$1,382,000$3,3142012-12-01
1/57 Carpenter StreetBought$1,504,000$3,6072012-12-01
8 Lynch StreetPassed InPI: $1,700,000
BRIGHTON EAST
8 Carrington GroveBought$1,071,000$1,6482012-12-01
6 Sunlight CrescentPassed InPI: $1,500,000
5 Curzon StreetBought$1,056,000$1,5692012-12-01
2 Carr StreetPassed InPI: $1,077,000$1,5692012-12-01
SANDRINGHAM
45 Duncan StreetBoughtR: $818,986 - $900,970$1,061 - $1,1672012-12-01
2/49-51 Bay RoadPassed InPI: $1,040,000
63 Victoria StreetPassed InPI: $1,175,000
50 Kenneth StreetBoughtUndisclosed2012-12-01
ASHBURTON
4 Ryeburne AvenueNot Reported
BALWYN
30 Porter RoadBought$1,130,000$1,7042012-12-01
BALWYN NORTH
81 Mountain View RoadBought$1,080,000$1,7702012-12-01
354 Balwyn RoadBought$960,000$1,2872012-12-01
46 Walnut RoadBoughtR: $1,078,875 - $1,186,875$1,488 - $1,6372012-12-01
CAMBERWELL
6 Orange GroveBought$1,351,000$1,7642012-12-01
29 Glencairn AvenueBought$1,280,000$1,2892012-12-01
28 Cochran AvenuePassed InPI: $2,850,000$1,2892012-12-01
CANTERBURY
48 Balwyn RoadPassed InPI: $1,090,000$1,2892012-12-01
3 Alexandra AvenueBought$1,800,000$2,7482012-12-01
GLEN IRIS
67 Martin RoadBoughtR: $1,582,350 - $1,740,750$2,811 - $3,0922012-12-01
1 Alonso StreetBoughtUndisclosed2012-11-13
42 Kerferd RoadPassed InPI: $1,520,0002012-11-13
3 Martin RoadBought$1,455,000$1,8322012-12-01
HAWTHORN
38 Wattle RoadBoughtR: $1,347,395 - $1,482,275$2,327 - $2,5602012-12-01
28 Chrystobel CrescentBought$3,110,000$3,8442012-12-01
5 Urquhart StreetBought$2,170,000$3,1002012-12-01
11 Percy StreetBoughtR: $1,040,515 - $1,144,675$3,600 - $3,9612012-11-28
69 The Boulevard BoughtR: $1,639,890 - $1,804,050$2,671 - $2,9382012-12-01
56 Urquhart StreetBought$1,400,000$1,9942012-12-01
13 Lyall StreetPassed InPI: $1,762,000$1,9942012-12-01
HAWTHORN EAST
47 Roseberry StreetBought$1,090,500$2,7192012-12-01
9 Bonfield AvenuePassed InPI: $1,700,000
23 Lingwell RoadBought$1,325,000$2,9062012-12-01
37 Lingwell RoadBought$1,500,000$1,5532012-12-01
56 Pleasant RoadBought$1,216,000$1,5302012-12-01
KEW
40 Barrington AvenuePassed InPI: $1,675,000$1,5302012-12-01
7 Foley StreetBought$1,075,000$3,4352012-12-01
30 Miller GroveBought$1,820,000$2,2842012-12-01
15 Bowen StreetPassed InPI: $2,500,000
5 Goldthorns AvenuePassed InPI: $1,550,000
KEW EAST
34 Kilby RoadBoughtBought (2012-12-29) - R: $911,050 - $1,002,250$1,402 - $1,5422012-12-29
MONT ALBERT
7A Hotham StreetBought$1,550,000$2,4072012-12-01
MONT ALBERT NORTH
11 Lincoln AvenuePassed InPI: $1,700,000
18 Sutton ParadeNot Reported
SURREY HILLS
291 Mont Albert RoadBought$1,277,000$1,6042012-12-01
725 Canterbury RoadPassed InPI: $1,190,000$1,6042012-12-01
210 Mont Albert RoadBoughtR: $1,373,288 - $1,510,760$3,391 - $3,7302012-12-01
BENTLEIGH
11 Cushing AvenueBoughtUndisclosed2012-12-01
ELSTERNWICK
12 St Georges RoadPassed InPI: $2,200,000
495 Kooyong RoadBoughtR: $1,683,045 - $1,851,525$2,073 - $2,2802012-12-01
16 Staniland GroveBought$1,710,000$2,0452012-12-01
85 Downshire RoadPassed InPI: $1,550,000
CARLTON
73 Barry StreetBought$2,140,000$15,8522012-12-01
CARLTON NORTH
302 Station StreetBought$1,379,000$8,9552012-12-01
76 Bowen CrescentBought$2,600,000$4,8062012-12-01
36 Bowen CrescentBought$1,255,000$5,1862012-12-01
BRUNSWICK
15 Millward StreetBought$1,362,5002012-12-01
40 Mitchell StreetBoughtUndisclosed2012-12-01
ALBERT PARK
45 Reed StreetBought$1,825,000$6,2292012-12-01
16 Dinsdale StreetPassed InPI: $1,400,000
ELWOOD
18 Bendigo AvenuePassed InPI: $2,000,000
19 Bendigo AvenuePassed InPI: $2,200,000
49 Shelley StreetBoughtR: $1,400,140 - $1,540,300$2,756 - $3,0322012-11-20
8 Foam StreetBought$1,230,000$3,0072012-12-01
MIDDLE PARK
102 Hambleton StreetBoughtUndisclosed2012-12-01
4 Langridge StreetBoughtR: $1,855,665 - $2,041,425$6,748 - $7,4232012-12-01
PORT MELBOURNE
153 Graham StreetPassed In
25 Rouse StreetBought$1,011,000$8,2872012-12-01
ARMADALE
14 Myamyn StreetBoughtR: $4,315,500 - $4,747,500$4,650 - $5,1162012-12-01
GLEN IRIS
21 Glenvale RoadNot Reported
188 Tooronga RoadBoughtR: $835,289 - $918,905$1,500 - $1,6502012-12-01
7 Dorrington AvenueBoughtR: $2,378,320 - $2,616,400$2,318 - $2,5502012-12-01
172 Finch StreetPassed InPI: $1,450,000$2,318 - $2,5502012-12-01
MALVERN
32 Finlayson StreetBought$1,255,000$1,7172012-12-01
25 Finlayson StreetPassed InPI: $2,290,000$1,7172012-12-01
210 Wattletree RoadBoughtUndisclosed2012-12-01
MALVERN EAST
4 Lang CourtBought$1,052,500$1,7902012-12-01
17 Hyslop ParadePassed InPI: $1,450,000$1,7902012-12-01
46 Burke RoadPassed InPI: $1,000,000
131 Darling RoadPassed InPI: $1,200,000
7 Gauntlet RoadBoughtUndisclosed2012-12-01
22 Wilmot StreetBought$1,125,000$1,5982012-12-01
PRAHRAN
37 Mackay StreetBoughtR: $1,310,953 - $1,442,185$4,122 - $4,5352012-12-01
4 Francis StreetBought$1,170,000$5,4932012-12-01
73 Albert StreetBought$930,000$2,6572012-12-01
SOUTH YARRA
19 Lara StreetBought$1,242,000$4,8522012-12-01
9 Tivoli RoadPassed InPI: $3,310,000
18 Cromwell CrescentBought$1,775,000$5,4782012-12-01
2/1 Walsh StreetBoughtR: $902,419 - $992,755$633 - $6972012-12-01
30 Surrey RoadBought$1,956,000$6,3922012-12-01
TOORAK
4/7 Verdant AvenueBoughtBought (2012-12-18) - R: $1,083,670 - $1,192,150$1,190 - $1,3092012-12-18
3 Torresdale CourtBoughtR: $3,164,700 - $3,481,500$3,772 - $4,1502012-12-01
9 Ashe GroveBoughtUndisclosed2012-12-01
5A Winifred CrescentBoughtUndisclosed2012-12-01
ABBOTSFORD
101 Yarra StreetBoughtUndisclosed2012-12-01
FITZROY
51 Napier StreetPassed In
336 Gore StreetBoughtR: $1,294,650 - $1,424,250$8,867 - $9,7552012-11-24
73 Moor StreetBought$1,115,000$8,9922012-12-01
RICHMOND
14 The Vaucluse Passed InPI: $2,950,000$8,9922012-12-01
13 Kelso StreetNot Reported
36 Coppin StreetBought$1,210,000$6,9542012-12-01
136 Coppin StreetPassed InPI: $1,100,000$6,9542012-12-01
106 Coppin StreetBought$1,552,500$8,5302012-12-01
banyule Private Sales
IVANHOE
10 Crown Road, IVANHOE
Bought: undisclosed
10 CROWN ROAD
bayside Private Sales
BRIGHTON
421 New Street, BRIGHTON
Bought: undisclosed
421 NEW STREET
stonnington Private Sales
PRAHRAN
21 Lorne Road, PRAHRAN
Bought: undisclosed
21 LORNE ROAD
yarra Private Sales
ABBOTSFORD
13B Charles Street, ABBOTSFORD
Bought: undisclosed
13B CHARLES STREET
REPORTED BANYULE PRIVATE SALES
REPORTED BAYSIDE PRIVATE SALES
REPORTED BOROONDARA PRIVATE SALES
REPORTED GLEN EIRA PRIVATE SALES
REPORTED PORT PHILLIP PRIVATE SALES
REPORTED STONNINGTON PRIVATE SALES
REPORTED YARRA PRIVATE SALES
ADDRESSBOUGHT PRICEIMPROVED $/SQM
IVANHOE10 Crown RoadRange: $1,989,925 - $2,189,125$2,256 - $2,482
BRIGHTON421 New StreetRange: $3,337,320 - $3,671,400$2,408 - $2,649
119 North RoadRange: $1,965,950 - $2,162,750$3,401 - $3,742
BALWYN12A Belmore RoadRange: $1,246,700 - $1,371,500$2,113 - $2,325
BENTLEIGH EAST20 Gray Street$700,000$3,211
ELSTERNWICK107 Orrong Road$3,211
ALBERT PARK14 Danks Street$3,211
ELWOOD34 Pine AvenueRange: $1,534,400 - $1,688,000$3,057 - $3,363
PRAHRAN21 Lorne RoadRange: $1,778,945 - $1,957,025$6,331 - $6,965
ABBOTSFORD13B Charles StreetUndisclosed
GLEN IRIS, 3 Martin Rd
GLEN IRIS, 3 Martin Rd | Lachie Fraser-Smith (Jellis Craig)
Under Hammer: $1,455,000 - 6 Bidders (Photo: Mal James)

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