At the turn of the century, two suburbs for million dollar sales stood out on any Melbourne graph like goalposts: Toorak and Brighton. One has surged ahead on the back of Asian immigration and money (Toorak) and one has remained relatively untouched and yet still has all the shops, private schools and beach lifestyle. Brighton is Australia’s most undervalued TOP END precinct, lacking only traffic, high prices and air pollution.
QUIET SALES, OFF MARKETS, EOI'S
- Bendigo Avenue Elwood broke all local records by 60+% with the sale of this home in excess of the quote $15m-$16.5m.
- 2 homes in excess of $20 Million (at Kent and Dudley) show a return to strength of Brighton Golden Mile properties
- 3 homes over $10m at St Vincents Place Albert Park continues to confirm that this is Melbournes most expensive $ per sqm.
SHELTER BY THE BAY LISTINGS
HAMPTON, 20 Bolton Ave
Sold
>$7m
BRIGHTON, 16 Weatherly
Sold
>$6m
BRIGHTON, 47 Middle Cr
Sold
>$6m
HAMPTON, 65 Orlando St
Sold
>$3m
JAMES BUYING CLIENTS
HAMPTON
Golden Triangle
$8m
SORRENTO
Bought
>$7m
ASPENDALE
Bought
>$13m
BRIGHTON
Bought
<$3m
LAST 3 MARKETS
2024 M1 Opening
Bidderman
1.2
Stock
Average
Clearance
73%
2023 M4 Pre-Xmas
Bidderman
1.2
Stock
Low
Clearance
51%
2023 M3 Spring
Bidderman
1.2
Stock
Low
Clearance
63%
Bayside/Port Phillip – 14 Auctions
Week 2
Clearance: 57%
Bidderman: 1.5
Combined Week 1 and Week 2 – 25 auctions
Clearance: 64%
Bidderman: 1.28
BRIGHTON, 17 Meek Street
SOI: $5,000,000 – $5,500,000
Sales Agent: John Clarkson – Buxton
Crowd: 90
Opening Bid: $5,100,000
On market: $5,400,000
Under hammer: $5,600,000
Bidders: 4
Johnny Clarkson nimbly steers 4 bidders to a successful sale of $5,600,000 at 17 Meek Street Brighton in front of about 90 people. Bidder 1 opened at $5,100,000 and three other bidders joined the race but bidder 4 was staunch, and in the end, successful.
ST KILDA WEST, 223 Canterbury Road
SOI: $6,300,000 – $6,700,000
Sales Agent: Warwick Gardiner – Jellis Craig
Crowd: 25
Opening Bid: $6,500,000
On market: $7,030,000
Under hammer: $7,050,000
Bidders: 3
The bidding opened at $6,500,000 and was called on the market at $7,030,000. Three bidders pushed the sale price to $7,050,000 and the delighted winning couple embraced in front of the happy crowd.
ALBERT PARK, 13-15 Faussett Street
SOI: $2,800,000 – $2,900,000
Sales Agent: Warwick Gardiner – Jellis Craig
Crowd: 60
Opening Bid: $2,900,000
On market: $3,180,000
Under hammer: $3,590,000
Bidders: 4
Auctioneer Warwick Gardner describe the property as a “once in generations opportunity” the bidding started at $2,900,000 and moved to $3,160,000 with 3 bidders involved until there was a short break. Soon after a bids between 2 parties took place in quick succession. The property was formally sold under the hammer at $3,590,000.
BRIGHTON, 87 Cole Street
SOI: $4,200,000 – $4,600,000
Sales Agent: David Hart – Buxton
Crowd: 65
Opening Bid: $4,200,000 VB
Passed in: $4,250,000
After auction: $undisc
Bidders: 1
With a large crowd of over 60 in attendance Mr Heart started the bidding with a $4,200,000 vendor bid. With a single bid of $4,250,00 the property was shortly after passed in.
BRIGHTON EAST, 9 Lockwood Avenue
SOI: $2,350,000 – $2,475,000
Sales Agent: Guy St Leger – Buxton
Crowd: 40
Opening Bid: $2,200,000
Passed in: $2,400,000
After auction: $undisc
Bidders: 2
The auction opened with a bid of $2.2 from bidder 1. This was followed by a vendor bid of $2.35 and a new bidder entered shortly after. The property was passed in at $2.4 to bidder 2
SANDRINGHAM, 5 Susan Street
SOI: $2,700,000 – $2,850,000
Sales Agent: Jenny Dwyer – Belle
Crowd: 40
Opening Bid: $2,700,000 VB
Passed in: $2,710,000
After auction: $undisc
Bidders: 1
The auctioneer opened with a vendor bid of $2.7. With one bid the property was passed in at $2.71. Sold after.
BRIGHTON, 5 Gould Street
SOI: $3,500,000 – $3,700,000
Sales Agent: Leanne Potter – Buxton
Crowd: 100
Opening Bid: $2,900,000
Passed in: $3,300,000
After auction: $undisc
Bidders: 3
A large crowd at Gould street sees action from the starting clock as bidder 1 opens at $2,900,000 and bidders 2 and 3 take the price to $3,300,000 where the home is passed in for later negotiations. Sold after.
ALBERT PARK, 108 Victoria Avenue
SOI: $3,300,000 – $3,600,000
Sales Agent: Mark Harris – Marshall White
Crowd: 41
Opening Bid: $3,400,000 VB
Passed in: $3,400,000 VB
After Auction: $undisc
Bidders: 0
A small crowd gathered with little enthusiasm to raise their hands for this period property. The home was quickly passed in on a vendor bid, soon sold after.
BRIGHTON, 2a Albert Street
SOI: $4,700,000 – $5,100,000
Sales Agent: Will Maxted – Kay & Burton
Crowd: 40
Opening Bid: $4,800,000 VB
Passed in: $4,800,000 VB
Bidders: 0
The sun is out and so are the neighbours in Albert Street, but no buyers today as the home is passed in on the original vendor bid of $4,800,000.
BRIGHTON, 47 Durrant Street
SOI: $4,000,000 – $4,400,000
Sales Agent: Andy Nasr – Marshall White
Crowd: 38
Opening Bid: $4,000,000 VB
Passed in: $4,000,000 VB
Bidders: 0
The family property in Durrant street had a good turn out and with a vendor bid of $4,000,000 from auctioneer Steven Smith started off the proceedings. After a brief consult with the vendors the property was soon after passed in.
SANDRINGHAM, 41 Vincent Street
SOI: $2,400,000 – $2,500,000
Sales Agent: Richard Slade – Buxton
Crowd: 40
Opening Bid: $2,200,000 VB
Passed in: $2,250,000
Bidders: 1
A vendor bid of $2.2 was placed to open the auction. A bid of $2.25 was shortly placed after. The property was passed in to bidder 1 at that price.
ALBERT PARK, 131 Beaconsfield Parade
SOI: $3,900,000 – $4,200,000
Sales Agent: Gerald Betts – RT Edgar
Crowd: 27
Opening Bid: $3,900,000
Passed in: $4,000,000 VB
Bidders: 1
Quiet and quick auction, one bid before a vendor bid to close the auction.
ALBERT PARK, 212 Beaconsfield Parade
SOI: $5,200,000 – $5,600,000
Sales Agent: Gerald Betts – RT Edgar
Crowd: 18
Opening Bid: $5,000,000
Passed in: $5,200,000 VB
Bidders: 1
After an opening bid of $5 million this beachside renovator , a vendor bid was place and the home was passed in.
ST KILDA WEST, 50 York Street
SOI: $4,500,000 – $4,850,000
Sales Agent: Simon Gowling – Jellis Craig
Crowd: 36
Opening Bid: $4,600,000 VB
Passed in: $4,600,000 VB
Bidders: 0
Quiet auction, opening and closing on the same vendor bid
11 Auctions
Clearance: 73%
Bidderman: 1
ST KILDA WEST, 57 York Street
SOI: $5,700,000
Sales Agent: Simon Gowling – Jellis Craig
Bought before: $undisc
Bidders: 1
ALBERT PARK, 62 Danks Street
SOI: $2,500,000 – $2,750,000
Sales Agent: Nick Johnstone – Nick Johnstone Real Estate
Before auction: $undisc
Bidders: 1
ALBERT PARK, 59 Barrett Street
SOI: $2,100,000 – $2,300,000
Sales Agent: Mack Burgoine – Jellis Craig
Before auction: $2,510,000
Bidders: 1
SANDRINGHAM, 64 Bamfield Street
SOI: $4,300,000 – $4,500,000
Sales Agent: Romana Altman – Buxton
Bought before: $undisc
Bidders: 1
ELWOOD, 302 Barkly Avenue
SOI: $2,600,000 – $2,800,000
Sales Agent: Sam Gamon – Chisholm & Gamon
Bought before: $undisc
Bidders: 1
BRIGHTON EAST, 57 Baird Street
SOI: $4,500,000 – $4,950,000
Sales Agent: Stephen Smith – Marshall White
Crowd: 100
Opening Bid: $5,000,000
On market: $5,020,000
Under hammer: $5,500,000
Bidders: 3
Rapid fire, opening at $5,000,000, one bid of $20,000 and the rest in $100k rises. $5,400,000 saw the bids break down to smaller increments. Bidder 3 came in at $5,500,000 with one bid and took the keys.
BRIGHTON EAST, 23 Shasta Avenue
SOI: $2,500,000 – $2,600,000
Sales Agent: John Clarkson – Buxton
Crowd: 85
Opening Bid: $2,450,000
On market: $2,890,000
Under hammer: $2,912,000
Bidders: 2
A strong crowd gathered to watch 2 interested parties battle it out to purchase this Brighton East site with development opportunities.
BRIGHTON, 35 Champion Street
SOI: $2,800,000 – $3,000,000
Sales Agent: Simon Monnier-Penny – Marshall White
Crowd: 56
Opening Bid: $2,800,000 VB
Passed in: $2,800,000 VB
Sold after: $3,300,000
Bidders: 0
. The sun shone brightly but the bidders hands remained firmly behind their backs. The property was passed in on a vendor bid of 2.8 million. Sold after.
BRIGHTON, 2 Alverna Grove
SOI: $3,000,000 – $3,300,000
Sales Agent: Simone Howell – Jellis Craig
Crowd: 29
Opening Bid: $3,100,000 VB
Passed in: $3,125,000
Bidders: 1
After an opening vendor bid, a loan bid was made prior to the property being passed in.
MIDDLE PARK, 170 Page Street
SOI: $3,400,000 – $3,600,000
Sales Agent: Arthur Apostoleros – Buxton
Crowd: 50
Opening Bid: $3,400,000 VB
Passed in: $3,400,000 VB
Bidders: 0
A decent crowd of neighbours and interested parties gathered to watch this home pass in after an opening vendor bid was placed.
SANDRINGHAM, 45 Tennyson Street
SOI: $3,700,000 – $3,900,000
Sales Agent: Jenny Dwyer – Belle
Crowd: 53
Opening Bid: $3,700,000 VB
Passed in: $3,700,000 VB
Bidders: 0
A crowd of over 50 gathered in the tropical garden of this bayside home but not even the sunshine and surrounds could entice the crowd to bid. The property was passed in on a vendor bid.
Port Melbourne – Withdrawn/Method Change – on auction day
Brighton East, 4 Vincent Street
SOI: $2,900,000 – $3,100,000
Sales Agent: Andrew Campbell – Hush
Before auction: $undisc
Bidders: 1
Brighton, 15 Hammond Street
SOI: $3,500,000 – $3,850,000
Sales Agent: Sam Inan – Belle Property
Before auction: $undisc
Bidders: 1
Brighton, 118 Cole Street
SOI: $2,500,000
Sales Agent: Chris Hassall – Buxton
Before auction: $undisc
Bidders: 1
Brighton East, 33 Letchworth Avenue
SOI: $3,000,000 – $3,300,000
Sales Agent: Kate Strickland – Marshall White
Before auction: $undisc
Bidders: 1
Brighton, 11 Roslyn Street
SOI: $2,400,000 – $2,500,000
Sales Agent: Greg Downes – Hodges
Crowd: 50
Opening Bid: $2,400,000
On the market: $2,550,000
Under the hammer: $2,920,000
Bidders: 4
4 Bidders were keen to get the show on the road with no need to for vendor bid here today. Quick bidding, a short half time break and the home was knocked down at $2,920,000
Elwood, 31 Goldsmith Street
SOI: $2,200,000 – $2,300,000
Sales Agent: Nicole Prime – McGrath Real Estate
Crowd: 17
Opening Bid: $2,250,000 VB
Passed in: $2,250,000 VB
Bidders: 0
Not a single bid could enticed from the small crowd of onlookers. The property was passed in on a vendor bid of $2.250M
Brighton, 5 Cowper Street
SOI: $2,950,000 – $3,200,000
Sales Agent: Calvin Reid – Jellis Craig
Crowd: 50
Opening Bid: $2,850,000
Passed in: $2,950,000
After auction: $3,062,500
Bidders: 1
About 50 people are lining the fence, and Nick Renna calls for an opening bid, to be answered by the first bidder who places his stake at $2,850,000. Nick wants a $100,000 rise and places a vendor bid above the figure, which bidder 1 agrees to meet. But the home is passed in at $2,950,000 and the would-be buyer ushered inside for negotiation.
Brighton, 18 Grandview Road
SOI: $2,900,000 – $3,100,000
Sales Agent: Campbell Butterss – Marshall White
Crowd: 60
Opening Bid: $2,900,000 VB
Passed in: $3,170,000
Bidders: 2
It’s a theatre at Grandview Road in Brighton this afternoon for the auction of number 18. The booming voice of Robin Parker from Marshall White has to cover the stalls and the dress circle as about 60 people cluster in the front yard, on the nature strip and across the road. Two bidders add to the opening vendor bid of $2,900,000 and the home is passed in at $3,170,000 but sold shortly afterward.
Elsternwick, 40 Bertram Street
SOI: $2,900,000 – $3,150,000
Sales Agent: Daniel Fisher – Gary Peer
Crowd: 51
Opening Bid: $2,950,000 VB
Passed in: $2,950,000 VB
Bidders: 0
Not even a strong cup of coffee could encourage the crowd to raise their hand at this newly renovated property. The home passed in on a vendor bid
Brighton, 17 Laburnum Street
SOI: $2,050,000 – $2,250,000
Sales Agent: Stephen Tickell – Belle Property
Crowd: 40
Opening Bid: $2,050,000 VB
Passed in: $2,050,000 VB
Bidders: 0
Steve Tickell of Belle Property opens and closes the bidding of 17 Laburnum street in Brighton at $2,050,000. Although there are 40 people there enjoying the sunshine, no bidders come forward to participate.
Black Rock, 44 Arkaringa Crescent
SOI: $3,350,000 – $3,550,000
Sales Agent: Jenny Dwyer – Belle Property
Crowd: 25
Opening Bid: $3,250,000 VB
Passed in: $3,250,000 VB
Bidders: 0
30 people have gathered to watch and Mark opens with a vendor bid of $3,250,000. Unfortunately all is quiet and the home is passed in on that same figure.
Hampton, 130 Ludstone Street
SOI: $3,350,000 – $3,550,000
Sales Agent: Jenny Dwyer – Belle Property
Crowd: 30
Opening Bid: $3,350,000
Passed in: $3,350,000
After auction: $undisc
Bidders: 1
Auctioneer Steve Tickell of Belle Property is all smiles in the bright sunshine as about 30 people group around the pool for the auction of 130 Ludstone street Hampton. There’s an opening bid of $3,350,000 but no further participation so the home is passed in to the hopeful buyer for negotiation.
Sandringham, 174 Beach Road
SOI: $3,000,000 – $3,300,000
Sales Agent: Kylie Charlton – Buxton
Crowd: 27
Opening Bid: $3,000,000
Passed in: $3,175,000
After auction: $3,300,000
Bidders: 3
A small crowd made themselves comfortable in the upstairs living area of this home. Three interested parties placed bids prior to the property being passed in
Brighton – Withdrawn/Method Change – on auction day
South Melbourne – Withdrawn/Method Change – on auction day
Brighton – Withdrawn/Method Change
South Melbourne, 16 Tribe Street
SOI: $2,300,000 – $2,400,000
Sales Agent: Simon Gowling – Jellis Craig
Crowd: 50
Opening Bid: $2,300,000
Passed in: $2,410,000
After auction: $2,510,000
Bidders: 2
A genuine opening bid of $2,300,000 kicks off the action as Simon Gowling steers toward a sale after the home passes in at $2,410,000. Sold afterwards for $2,510,000
Brighton East, 35 Lucas Street
SOI: $2,000,000 – $2,200,000
Sales Agent: Phillip Georgiou – Meridian
Crowd: 50
Opening Bid: $2,000,000
On the market: $2,350,000
Under the hammer: $2,501,000
Bidders: 6
It was a fast paced auction at 35 Lucus St Brighton East. The property was on the market at $2.35mil. With a total of 6 bidders, It sold for $2.501mil.
St Kilda West, 59 Mary Street
SOI: $3,950,000 – $4,300,000
Sales Agent: Sam Hobbs – Jellis Craig
Crowd: 50
Opening Bid: $4,100,000 VB
Passed in: $4,100,000 VB
Bidders: 0
Despite the presence of Collingwood greatness and an Olympic gold medallist the home today at 59 Mary Street, St Kilda West was passed in at the opening vendor bid of $4,100,000.
Elsternwick, 1 Clonard Avenue
SOI: $2,000,000 – $2,200,000
Sales Agent: Angelos Stefanis – Biggin & Scott
Crowd: 42
Opening Bid: $2,000,000
On the market: $2,240,000
Under the hammer: $2,240,000
Bidders: 2
Two keen bidders in the mix the property quickly climbed from an opening bid of $2,000,000 to it being sold under the hammer by auctioneer Bill Stavrakis at $2,240,000
Black Rock, 3 Potter Street
SOI: $3,200,000 – $3,400,000
Sales Agent: Garry Donovan – Belle Property
Crowd: 30
Opening Bid: $3,200,000 VB
Passed in: $3,200,000 VB
Bidders: 0
Garry Donovan of Belle Property opens and closes the bidding today at 3 Potter Street Back Rock, with an unanswered vendor bid of $3,200,000.
Hampton, 8 James Crescent
SOI: $2,450,000 – $2,695,000
Sales Agent: Leon Gouzenfiter – Gary Peer
Crowd: 40
Opening Bid: $2,400,000 VB
Passed in: $2,510,000
Bidders: 2
A bid of $2,100,000 from the crowd elicits a vendor bid of $2,400,000 but the bidder, not discouraged, agrees to parry and adds 10,000. A second bidder joins in, and they trade bids until the home is passed in at $2,510,000 to bidder 1.
Bayside/Port Phillip – 12 Auctions
Clearance: 58%
Bidderman: 1.25
Brighton, 42 Ebden Street
SOI: $2,500,000 – $2,700,000
Sales Agent: Campbell Butterss
Before Auction: $undisc
Bidders: 1
Middle Park, 146 Canterbury Road
SOI: $3,900,000 – $4,200,000
Sales Agent: Ben Manolitsas – Marshall White
Before Auction: $undisc
Bidders: 1
Brighton, 284 St Kilda Street
SOI: $3,500,000 – $3,750,000
Sales Agent: Kate Strickland – Marshall White
Before Auction: $undisc
Bidders: 1
Hampton, 65 Teddington Road
SOI: $2,350,000 – $2,490,000
Sales Agent: Richard Slade – Buxton
Crowd: 40
Opening Bid: $2,400,000 VB
Passed in: $2,450,000
Bidders: 0
Mark Earle opened the auction with a vendor bid of $2,400,000 and added $50,000 to it but the 40 people in attendance were quiet and the home at 65 Teddington Avenue, Hampton was passed in.
Elwood, 13 Foam Street
SOI: $3,000,000 – $3,200,000
Sales Agent: Sam Gamon – Chisholm & Gamon
Crowd: 30
Opening Bid: $3,000,000 VB
On the market: $3,210,000
Under the hammer: $3,300,000
Bidders: 2
Sam Gamon kicked the auction off with a vendor bid followed by 2 bidders fighting it out for the keys.
Hampton, 29 Bolton Avenue
SOI: $4,100,000 – $4,500,000
Sales Agent: Stefan Whiting – Buxton
Crowd: 80
Opening Bid: $4,100,000
Passed in: $4,250,000
After Auction: $undisc
Bidders: 2
There’s quite a spread of people across Bolton avenue, Hampton as David Hart of Buxton auctions number 29. A genuine bid of $4,100,000 encourages bidder 2 and the two trade bids until the highest bidder is swept inside at $4,250,000 to negotiate further. Sold After
Hampton, 39 Myrtle Road
SOI: $3,500,000 – $3,850,000
Sales Agent: Tony Ryan – Kay & Burton
Crowd: 40
Opening Bid: $3,650,000 VB
Passed in: $3,650,000 VB
Bidders: 0
Gowan Stubbings has the stage where 40 people have gathered around the pool. His enthusiasm doesn’t incite the crowd, however as the home is opened and closed on a vendor bid of $3,650,000.
Hampton, 10 Austin Road
SOI: $2,500,000 – $2,700,000
Sales Agent: Kate Fowler – Marshall White
Crowd: 16
Opening Bid: $2,600,000
On the market: $2,810,000
Under the hammer: $2,810,000
Bidders: 3
An opening bid of $2,600,000 sets the pace and the three bidders battle it out until simultaneously the home is called on the market and sold to the highest bidder for $2,810,000.
Elwood, 8 Byrne Avenue
SOI: $3,400,000 – $3,650,000
Sales Agent: Kaine Lanyon – Marshall White
Crowd: 71
Opening Bid: $3,400,000
On the market: $3,800,000
Under the hammer: $3,850,000
Bidders: 3
A strong crowd congregated to watch 3 interested parties partake in a short battle to purchase this family bayside home.
Elwood, 77 Ormond Esplanade
SOI: $4,000,000 – $4,400,000
Sales Agent: Torsten Kasper – Chisholm & Gamon
Crowd: 32
Opening Bid: $4,200,000 VB
Passed in: $4,250,000 VB
Bidders: 0
An opening vendor bid of 4.2M failed to ignite any enthusiasm from the small crowd of onlookers at this 5 bedroom beachside property. The property was further passed in at 4.25M vendor bid.
Albert Park, 72 Barrett Street
SOI: $2,500,000 – $2,700,000
Sales Agent: Warwick Gardiner – Jellis Craig
Crowd: 70
Opening Bid: $2,610,000
Passed in: $2,640,000
Bidders: 2
A crowd of around 70 locals and potential buyers gathered to watch 2 interested parties attempt to purchase this property before it was passed in.
Brighton, 34 Normanby Street
SOI: $5,800,000 – $6,200,000
Sales Agent: Will Maxted – Kay & Burton
Crowd: 70
Opening Bid: $6,000,000 VB
Passed in: $6,000,000 VB
Bidders: 0
Seventy people spread across Normanby road Brighton, to watch Gowan Stubbings of Kay and Burton conduct the auction of number 34. Unfortunately it’s a quick affair, with only the vendor bid of $6,000,000 opening and closing the proceedings.
