oc | Wednesday 26th February

Bayside/Port Phillip



Port Phillip Weekly

Parking Mad

The old timers of 100 years ago could never have anticipated that their old dunny lanes would take on such a different use n the future. The lanes that once allowed the dunnyman (or night soil man) to clear waste in the times prior to modern plumbing, now provide access for vehicles to be garaged at the rear of many inner city properties.

In our ratings we place quite a bit of emphasis on accommodation for cars. That’s because homes with good off-street parking usually do better, in terms of their , over time. As the price of increases, so does the value of parking spaces. You only need to look at the increase of an all day parking ticket in the , or even meters in surrounding .

In lately, it’s been interesting to note, though, that homes which lack parking have attracted about as much interest as those that have. I’m not saying that prices have been similar, but rather that competition has been about equal, with similar bidder numbers at auctions.

The further you move up the price ladder, however, the more likely it is that a buyer seeks decent undercover shelter for today’s expensive vehicles. In some smaller homes the rear is often treated as a landscaped yard, but it is possible to have it both ways. I have seen many clever layouts where a parked vehicle hasn’t hampered the general enjoyment of the rear yard.

Rear access parking can be a tricky though. Some homes are much more easily accessed then others. Just because you have a lane to the rear of your doesn’t necessarily mean it is wide enough to complete a turn in, particularly with some of today’s larger people movers.

A double garage or offset parking (fence angling to allow better access) can help, though this does eat into the yards of single-fronted homes with a typical 5 metre wide block. Driving 50 metres down a rear lane can also be a hassle on a day to day basis – especially in the dark. Many people prefer to park on the street and run inside with their shopping rather than the right-of-way every day. In these instances the car park still provides an option when you are away for extended periods, even if that is not too often over the course of a year in reality.

Off-street car parking is still a key component in buying property in Port Phillip even if it is a bit trickier to find parking suitable for everyday use compared to other areas such as and .

Vino of the Week

Talented Scottish-born Melbourne artist David Band passed away a couple of years ago, but his distinctive artwork continues to grace the walls of contemporary interiors around . The unmistakable hand of David Band also features on the label artwork of a chardonnay called The Hut by Dalwhinne (2012 release). The wine is produced from plantings in Moonambel, and has resulted in a nice balance – a bit like French Chablis, creamy, and not overpowering. Made for immediate enjoyment, the texture and nice fruit could make it worth putting aside for a year or two, 13.5% alc/vol and around $23.

ELWOOD, 5 Tennyson St
ELWOOD, 5 Tennyson St | Dannie Corr (Whiting & Co)
Under Hammer: $1,425,000 - 6 Bidders (Photo: Sara Hoffman)
Bidderbuzz Auction
"An unusual selling strategy was used here. The reserve for this large Queen-Anne home, with its polished original timber panelling, had been published, and draws a large crowd of 100 or so. Fast-talking auctioneer Dannie Corr, with his racing call delivery, says he'll refrain from a detailed catalogue of all the attractions of this locale and reminds us that the auction has a disclosed reserve of $1,300,000. He begins the bidding with a vendor bid of $1,280,000 and calls for a $20,000 rise, adding that the next bid will buy it. However, when he opens up the bidding he is met with total silence. And even though he says that he knows that there a several interested parties in the crowd, they are all shy of making a bid. A bit more chat and finally a $1,000 bid is offered, which Mr Corr rejects. Just as he calls it three times, a genuine $20,000 bid comes and it's going to be bought. Looking for more, the next offer is $5,000 which again he refuses. And it looks like it may end there. But no! Suddenly the bidding starts in earnest, and after a slow start, it now becomes a fast paced six-way contest, going up in $20,000, and then $10,000 lots quickly to $1,420,000. From here it drops off to a $5,000 call, but there is only one more in it, and the property is finally bought at $1,425,000. " (Sara Hoffman)

 

Biggest Sale: ST KILDA, 11 Marlton Cr
Tony Pride (Pride Real Estate ); Under Hammer, $2,006,000 - 3 Bidders

"Auctioneer Tony Pride was fired up about this renovated Victorian, and shared in his inimitable and energetic way his thoughts on the home in this tightly held pocket of St Kilda. Around 50, mostly "Generation X-ers" were in attendance and in a refreshing change, a bid of $1,700,000 was placed immediately after Mr Pride completed formalities. In next to no time two bidders took the price to $1,900,000, whereupon Mr Pride said the house was on the market. Having set the pace with some aggressive work, Bidder 1 let his opponent take the lead, until a third bidder stepped in at $1,965,000. Together with Bidder 1, the latecomer pushed past $2,000,000 and soon bought the home in an entertaining and quick-paced affair." (David Adamowicz)

 

Biggest Pass In: BRIGHTON, 10 Dawson Av
David Hart (Buxton); Passed In: $2,750,000 - 0 Bidders

"There were white horses on the blue-grey waters of the bay as auctioneer David Hart stepped outside to introduce this "Golden Mile masterpiece of luxury and style" to the 30 or so onlookers. His persuasive preamble included praise for the "ultimate low-maintenance residence surrounded by prestigious real estate", as well as a warning that the property market was running out of time as Christmas approached. He heightened the sense of urgency by telling us that we should bid from the start as there would be no referral to the vendors and no half-time break. The agent quoted price during the campaign had been north of $2,900,000, nevertheless a request for opening bids in the region of $2,700,000 met with stony silence. Nobody was prepared to offer a $25,000 rise so Mr Hart, having exhausted his persuasive repertoire, was obliged to supply a further $50,000 himself and then pass the property in on a vendor bid of $2,750,000. It was now time for agent Tom Davidson to do some mingling with the lingerers and hopefully secure a post-auction sale." (Val Smith)
$1M+ bayside/port phillip Featured Auctions
606
/1000
JAMES HOME RATINGS
ALBERT PARK: 46 Greig St
46 Greig Street
PASSED IN: $1,100,000
534
/1000
JAMES HOME RATINGS
BRIGHTON: 10 Collins St
10 Collins Street
BOUGHT: $1,681,000
UNDISCLOSED
JAMES HOME RATINGS
BRIGHTON: 10 Dawson Av
10 Dawson Avenue
PASSED IN: $2,750,000
507
/1000
JAMES HOME RATINGS
BRIGHTON: 10 Lorac Av
10 Lorac Avenue
PASSED IN: $2,375,000
UNDISCLOSED
JAMES HOME RATINGS
BRIGHTON: 143 Male St
143 Male Street
PASSED IN: $1,500,000
600
/1000
JAMES HOME RATINGS
BRIGHTON: 12 Norwood Av
12 Norwood Avenue
PASSED IN: $2,600,000
UNDISCLOSED
JAMES HOME RATINGS
BRIGHTON EAST: 5 Tregenna Ct
5 Tregenna Court
BOUGHT: $1,965,000
UNDISCLOSED
JAMES HOME RATINGS
ELWOOD: 5 Tennyson St
5 Tennyson Street
BOUGHT: $1,425,000
649
/1000
JAMES HOME RATINGS
HAMPTON: 90 Willis St
90 Willis Street
PASSED IN: $1,450,000
577
/1000
JAMES HOME RATINGS
ST KILDA: 11 Marlton Cr
11 Marlton Crescent
BOUGHT: $2,006,000
Stonnington Weekly
port phillip Scheduled Auctions
ST KILDA
7 Neptune Street, ST KILDA
Not Reported
7 NEPTUNE STREET
ST KILDA
11 Marlton Crescent, ST KILDA
Bought $2,006,000
11 MARLTON CRESCENT
ALBERT PARK
46 Greig Street, ALBERT PARK
Bought undisclosed
46 GREIG STREET
MIDDLE PARK
2 Patterson Street, MIDDLE PARK
Bought $1,472,500
2 PATTERSON STREET
bayside Scheduled Auctions
BRIGHTON EAST
13 Robinson Street, BRIGHTON EAST
Bought undisclosed
13 ROBINSON STREET
BRIGHTON EAST
21 Blanche Street, BRIGHTON EAST
Bought undisclosed
21 BLANCHE STREET
BLACK ROCK
91 Bluff Road, BLACK ROCK
Bought $2,005,000
91 BLUFF ROAD
BRIGHTON
3 Oakwood Avenue, BRIGHTON
Not Reported
3 OAKWOOD AVENUE
ADDRESSRESULTPRICEIMPROVED $/SQMBOUGHT
BLACK ROCK
91 Bluff RoadBought$2,005,000$1,5572013-11-15
BRIGHTON
43 Park StreetPassed InPI: $1,350,000
784 Hampton StreetPassed InPI: $1,260,000
9 Maher StreetPassed In
3 Oakwood AvenueNot Reported
5 Emily StreetBought$1,320,000$6,3162013-11-16
12 Norwood AvenuePassed InPI: $2,600,000$6,3162013-11-16
10 Collins StreetBought$1,681,000$3,2642013-11-16
9 Stanley StreetNot Reported
2 Rose CourtBought$1,910,000$2,9072013-11-16
32 Were StreetBought$1,810,000$2,9672013-11-16
10 Lorac AvenuePassed InPI: $2,375,000
37 Were StreetBought$1,950,000$2,8852013-11-16
10 Dawson AvenuePassed InPI: $2,750,000
143 Male StreetPassed InPI: $1,500,000
BRIGHTON EAST
6 Killeen AvenueBought$1,310,000$1,882
21 Blanche StreetBoughtR: $1,021,335 - $1,123,575$2,432 - $2,6752013-11-16
46 Camperdown StreetBoughtR: $1,654,275 - $1,819,875$2,771 - $3,0482013-11-16
25 Lubrano StreetBought$1,270,000$2,0392013-11-16
13 Robinson StreetBoughtR: $1,721,405 - $1,893,725$1,732 - $1,9052013-11-16
5 Tregenna CourtBought$1,965,000$2,9682013-11-16
7a Holmhurst CourtBought$1,385,000$3,4632013-11-16
HAMPTON
469 Bluff RoadPassed In
79 David StreetBought$915,000$1,5672013-11-16
90 Willis StreetPassed InPI: $1,450,000
ALBERT PARK
46 Greig StreetPassed InPI: $1,100,000
ELWOOD
1-4/47 Dickens StreetBoughtR: $3,155,110 - $3,470,950$3,815 - $4,1972013-11-16
5 Tennyson StreetBought$1,425,000$1,7032013-11-16
MIDDLE PARK
2 Patterson StreetBought$1,472,500$4,5872013-11-16
PORT MELBOURNE
62 Beacon VistaBought$1,350,000$7,2972013-11-16
57 McCormack StreetBought$1,500,000$7,6532013-11-16
112 Stokes StreetNot Reported
ST KILDA
7 Neptune StreetNot Reported
11 Marlton CrescentBought$2,006,000$4,8112013-11-16
bayside Private Sales
BEAUMARIS
42 Cloris Avenue, BEAUMARIS
Bought: $1,200,000
42 CLORIS AVENUE
BRIGHTON EAST
10 Garden Avenue, BRIGHTON EAST
Bought: $1,239,000
10 GARDEN AVENUE
REPORTED BAYSIDE PRIVATE SALES
ADDRESSBOUGHT PRICEIMPROVED $/SQM
BEAUMARIS42 Cloris Avenue$1,200,000$2,892
BRIGHTON EAST10 Garden Avenue$1,239,000$1,688
BRIGHTON, 10 Collins St
BRIGHTON, 10 Collins St | Nick Johnstone (Nick Johnstone Real Estate)
Under Hammer: $1,681,000 - 4 Bidders (Photo: David James)

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