Boroondara
Boroondara is Melbourne’s property weather vein. Wherever this market is going, up or down, the rest of Melbourne soon follows. Easily the most consistent, competitive middle market ($3m to $6m) in the state and starting to see the Ultra Top End in Kew, Hawthorn and Canterbury pushing closer to Toorak in terms of deal size.
QUIET SALES, EOIs, OFF MARKETS
- Sackville Ward Kew continues to show its strength with homes exchanged at 111 and 37 Sackville averaging over $20 million
- One of the premier homes on Scotch Hill (Kooyongkoot Road) recently exchanged in excess of $16 million
- A Canterbury vineyard, a classic turn of the century project in Adeney Kew and a river precinct (Shakespeare) home, we have looked at quietly, have all recently sold for circa $10m.
JAMES BUY SELL LISTINGS
KEW, 9 Evans Rd
For sale
$5.5m - $6m
CANTERBURY
Coming soon...
KEW, 111 Sackville St
Sold
CAMBERWELL
Sold
JAMES BUYING CLIENTS
HAWTHORN & KEW
1000sqm+
$8m+
HAWTHORN
Bought
$2.9m
HAWTHORN WEST
Period home
circa $5m
HAWTHORN
Bought
$8.02m
LAST 3 MARKETS
2024 M1 Opening
Bidderman
1.8
Stock
Average
Clearance
61%
2023 M4 Pre-Xmas
Bidderman
1.5
Stock
Low
Clearance
56%
2023 M3 Spring
Bidderman
1.8
Stock
Low
Clearance
79%
Boroondara – 13 Auctions
Week 2
Clearance: 62%
Bidderman: 2.2
Combined Week 1 and Week 2 – 24 auctions
Clearance: 58%
Bidderman: 1.9
CAMBERWELL, 9 Lynden Street
SOI: $2,400,000 – $2,600,000
Sales Agent: Walter Dodich – Kay & Burton
Crowd: 50
Opening Bid: $2,400,000 VB
On market: $2,630,000
Under hammer: $2,664,000
Bidders: 5
From dormant beginnings, the auction became volcanic in nature, with five bidders duking it out to become the new owners of this property – the eruption yielded a sale price of $2,664,000.
HAWTHORN, 24 Yarra Street
SOI: $3,200,000 – $3,500,000
Sales Agent: James Tostevin – Marshall White
Crowd: 50
Opening Bid: $3,200,000
On market: $3,410,000
Under hammer: $3,630,000
Bidders: 3
A $3,200,000 vendor bid sparked a frenzied bidding war between three parties, to win the keys to the property with a sale price of $3,630,000.
KEW, 20 Madden Grove
SOI: $3,000,000 – $3,300,000
Sales Agent: James Tostevin – Marshall White
Crowd: 70
Opening Bid: $3,100,000
On market: $3,550,000
Under hammer: $4,100,000
Bidders: 3
Three bidders took proceedings from a $3,100,000 opening bid, to the property being declared on the market at $3,550,000, to the hammer eventually falling at $4,100,000.
CAMBERWELL, 59 Glyndon Road
SOI: $3,400,000 – $3,700,000
Sales Agent: Jonathon O’Donoghue – Jellis Craig
Crowd: 45
Opening Bid: $3,400,000 VB
On market: $3,645,000
Under hammer: $3,766,000
Bidders: 4
4 bidders and an hour long auction later, the property sold under the hammer.
HAWTHORN EAST, 138 Victoria Road
SOI: $2,900,000 – $3,150,000
Sales Agent: Yili Ma – Belle
Crowd: 30
Opening Bid: $2,900,000
On market: $3,200,000
Under hammer: $3,400,000
Bidders: 4
4 bidders didn’t waste anytime and quickly joined the race, with the property eventually selling to bidder number 4
SURREY HILLS, 4 Essex Road
SOI: $3,200,000 – $3,500,000
Sales Agent: James Tostevin – Marshall White
Crowd: 52
Opening Bid: $3,250,000 VB
On market: $3,520,000
Under hammer: $3,710,000
Bidders: 2
Two bidders got going after a vendor bid opened. A steady tussle continued after the home was called on market at $3,520,000.Rises trotted along steadily before slowing to a protracted phase of small increments in an arm wrestle that saw the initial bidder win out.
CANTERBURY, 24 The Ridge
SOI: $5,500,000 – $6,000,000
Sales Agent: Peter Vigano – Jellis Craig
Crowd: 110
Opening Bid: $6,000,000
On market: $6,600,000
Under hammer: $7,500,000
Bidders: 4
A fight broke out for this large slice of Canterbury land. Bidding quickly blew past the on market price. Calculators came out, bidders deliberated, but the bidding continued onwards, $900,000 above the reserve.
HAWTHORN, 1 Chrystobel Cres
SOI: $7,000,000 – $7,500,000
Sales Agent: Scott Patterson – Kay & Burton
Crowd: 100
Opening Bid: $7,000,000
On market: $7,750,000
Under hammer: $8,000,000
Bidders: 2
Some treading water at the start until a second bidder entered at $7,200,000. Got rolling around $7,600,000. Finished up in rises of $20,000 when the hammer fell at $8,000,000.
CANTERBURY, 1 Golding Street
SOI: $2,950,000 – $3,200,000
Sales Agent: James Tostevin – Marshall White
Crowd: 50
Opening Bid: $3,000,000 VB
Passed in: $3,000,000 VB
Bidders: 0
The opening $3,000,000 vendor bid failed to encourage offers from the 50-strong crowd, resulting in the property being passed in.
HAWTHORN, 3 Mason Street
SOI: $2,700,000 – $2,900,000
Sales Agent: Mark Read – Jellis Craig
Crowd: 30
Opening Bid: $2,400,000
Passed in: $2,500,000 VB
Bidders: 1
Just one bid from one buyer was forthcoming at this auction, resulting in the property being passed in on a $2,500,000 vendor bid.
HAWTHORN, 34 Robinson Road
SOI: $3,600,000 – $3,800,000
Sales Agent: Elsa Li – Marshall White
Crowd: 15
Opening Bid: $3,500,000 VB
Passed in: $3,700,000 VB
Bidders: 0
2 vendor bids, and no bidding from the crowd, the property was passed in.
CAMBERWELL, 67 Cookson Street
SOI: $2,700,000 – $2,900,000
Sales Agent: Richard Winneke
Crowd: 30
Opening Bid: $2,750,000 VB
Passed in: $2,830,000
Bidders: 1
A lone bidder successfully had the property passed into him after multiple vendor bids.
CAMBERWELL, 19 King Street
SOI: $3,000,000 – $3,300,000
Sales Agent: Shamit Verma – Marshall White
Crowd: 35
Opening Bid: $3,000,000 VB
Passed in: $3,000,000 VB
Bidders: 0
A vendor bid and then a pause to speak to the vendor. The restart attracted no crowd participation. A family headed inside with agents shortly after a pass in.
11 Auctions
Clearance: 55%
Bidderman: 1.63
CAMBERWELL, 13 Waterloo Street
SOI: $3,500,000 – $3,800,000
Sales Agent: James Tostevin – Marshall White
Before auction: $undisc
Bidders: 1
SURREY HILLS, 77 Middlesex Road
SOI: $2,600,000 – $2,800,000
Sales Agent: Zali Reynolds – Shelter
Crowd: 100
Opening Bid: $2,600,000
On market: $2,920,000
Under hammer: $3,346,000
Bidders: 5
An engaged crowd and multiple bidders saw this auction move strongly onto market and beyond. Three bidders made cameos in a fight that saw two others ultimately emerge. One deliberated each rise while the other moved decisively and became the ultimate winner.
CAMBERWELL, 16 Brynmawr Road
SOI: $3,980,000 – $4,300,000
Sales Agent: Toni El-Helou – BigginScott
Crowd: 70
Opening Bid: $4,000,000 VB
Passed in: $4,225,000
Sold after: $undisc
Bidders: 2
Opening with a $4,000,000 vendor bid, bidder 1 swiftly took the price to $4,125,000, encouraging another bidder to enter the ring. However, bidding stalled at $4,225,000, resulting in the property being passed in. Sold after.
KEW, 22 Wimba Avenue
SOI: $3,400,000 – $3,700,000
Sales Agent: Richard Winneke – Jellis Craig
Crowd: 30
Opening Bid: $3,000,000
Passed in: $3,350,000
Sold after: $3,375,000
Bidders: 2
Bidder 1 was straight out of the gate at $3,000,000 however, together with a second bidder’s offerings, only reached $3,350,000, which wasn’t enough to bring the hammer down. Sold after.
KEW, 25 Edward Street
SOI: $6,700,000 – $7,200,000
Sales Agent: Nick O’Halloran – Jellis Craig
Crowd: 70
Opening Bid: $6,400,000
Passed in: $6,600,000
Sold after: $undisc
Bidders: 2
A couple of bids for this land auction were tabled before a pause and a vendor chat at $6,550,000. A further bid to $6,600,000 was offered and here it passed in for negotiations.
CAMBERWELL, 17 Mabel Street
SOI: $3,000,000 – $3,300,000
Sales Agent: Sam Wilkinson – Kay & Burton
Crowd: 70
Opening Bid: $3,000,000
Passed in: $3,350,000
Sold after: $3,400,000
Bidders: 2
The auction opened with two bidders offering the requested rises. Bidding slowed than stalled at $3,350,000. A vendor referral soon paused the auction and a pass in followed. Sold after.
CANTERBURY, 4 Boronia Street
SOI: $3,500,000 – $3,850,000
Sales Agent: Tom Staughton – Kay & Burton
Crowd: 50
Opening Bid: $3,500,000 VB
Passed in: $3,600,000 VB
Bidders: 0
A quiet auction with two vendor bids bookending the opening and closing remarks.
GLEN IRIS, 4 Wahroonga Court
SOI: $6,200,000 – $6,800,000
Sales Agent: Nathan Waterson – Jellis Craig
Crowd: 36
Opening Bid: $6,000,000 VB
Passed in: $6,000,000 VB
Bidders: 0
One of the original homes built in Glen Iris was unable to draw a bid from the gathering.
HAWTHORN EAST, 11 Gillman Street
SOI: $3,600,000 – $3,900,000
Sales Agent: Ivy Lung – First National
Crowd: 25
Opening Bid: $3,500,000
Passed in: $3,830,000
Bidders: 2
Two bidders competed for the keys of this property, however this failed to reach the reserve, with a pass-in at $3,830, 000.
HAWTHORN, 16a Glen Street
SOI: $5,200,000 – $5,600,000
Sales Agent: Judy Balloch – Kay & Burton
Crowd: 28
Opening Bid: $5,000,000 VB
Passed in: $5,100,000 VB
Bidders: 0
Quiet auction, two vendor bids place – one to open the auction and one to close the auction.
CAMBERWELL, 48 Spencer Road
SOI: $2,900,000 – $3,190,000
Sales Agent: Jonathon O’Donoghue – Jellis Craig
Crowd: 40
Opening Bid: $2,900,000 VB
Passed in: $3,000,000
Bidders: 2
Two bidders’ activities reached exactly $3,000,000 but this was not enough to meet the reserve so the property was passed in.
Canterbury – Withdrawn/Method Change
Camberwell – Withdrawn/Method Change – on auction day
Camberwell, 59 Brinsley Road
SOI: $2,800,000 – $2,990,000
Sales Agent: Tamsin Curcio – Shelter
Before auction: $undisc
Bidders: 1
Camberwell, 20 Marlborough Avenue
SOI: $2,400,000 – $2,640,000
Sales Agent: Stephen Gough – Marshall White
Before auction: $undisc
Bidders: 1
Deepdene, 20 Walsh Street
SOI: $3,800,000 – $3,950,000
Sales Agent: Geordie Dixon
Before auction: $undisc
Bidders: 1
Camberwell, 8 Gilbert Parade
SOI: $2,800,000 – $3,000,000
Sales Agent: Jonathon O’Donoghue – Jellis Craig
Before auction: $undisc
Bidders: 1
Hawthorn East, 82 St Helens Road
SOI: $4,000,000 – $4,400,000
Sales Agent: Campbell Ward – Jellis Craig
Crowd: 65
Opening Bid: $4,100,000 VB
On the market: $4,550,000
Under the hammer: $4,605,000
Bidders: 2
Contested poolside between two groups. Sold under the hammer to the original bidder with a knockout bid of $5,000, despite dealing in $50,000s the whole way.
Hawthorn, 9 Hilda Crescent
SOI: $6,800,000 – $7,200,000
Sales Agent: Walter Dodich – Kay & Burton
Crowd: 80
Opening Bid: $6,700,000 VB
On the market: $7,350,000
Under the hammer: $8,065,000
Bidders: 2
A vendor bid opening at the bottom of the advertised range was promptly met with a bidder upbid of $600,000, surpassing the advertised range. Game on! Two battled decisively to the eventual selling price.
Camberwell, 1 Lansell Crescent
SOI: $2,500,000 – $2,700,000
Sales Agent: Sophie Su – Kay & Burton
Crowd: 60
Opening Bid: $2,700,000 VB
On the market: $2,910,000
Under the hammer: $3,150,000
Bidders: 5
A bidder constantly circling auctioneer Scott Patterson was a first for him, and two seperate bidders representing the same group both individually bidding the same amount added a wacky flavour.
The auction team controlled it well as 5 bidders lifted the price.
Glen Iris, 16 Peace Street
SOI: $2,800,000 – $3,080,000
Sales Agent: Jason Brinkworth – Marshall White
Crowd: 30
Opening Bid: $2,900,000 VB
Passed in: $2,950,000 VB
Bidders: 1
Auctioneer Daniel Wheeler opened with a vendor bid of $2,900,000, however only one bid was forthcoming, therefore resulting in a pass-in.
Camberwell, 34 Smith Road
SOI: $2,400,000 – $2,600,000
Sales Agent: James Tostevin – Marshall White
Crowd: 50
Opening Bid: $2,400,000 VB
Passed in: $2,420,000
Bidders: 1
The sole bid (other than the opening vendor bid) wasn’t sufficient to encourage crowd engagements, resulting in this property being passed in.
Mont Albert, 52 Zetland Road
SOI: $2,700,000 -$2,900,000
Sales Agent: Tim Mursell – Marshall White
Crowd: 50
Opening Bid: $2,700,000
Passed in: $2,825,000
Bidders: 1
A bidder opened at $2,700,000 and was met with a couple of vendor bids, upping them both times and staying involved.
Mont Albert North, 2 Orchard Crescent
SOI: $2,250,000 – $2,450,000
Sales Agent: Tamsin Curcio – Shelter
Crowd: 65
Opening Bid: $2,250,000 VB
Passed in: $2,260,000
Bidders: 1
A lone bid from the crowd snagged the first right to negotiate.
Glen Iris, 8 Tower Hill Road
SOI: $2,300,000 – $2,500,000
Sales Agent: Ash Howarth – Marshall White
Crowd: 40
Opening Bid: $2,300,000 VB
Passed in: $2,300,000 VB
Bidders: 0
Open and closed on a single vendor bid.
Camberwell – Withdrawn/Method Change
Glen Iris, 9 Rowen Street
SOI: $2,600,000 – $2,800,000
Sales Agent: Sarah Risteski – Jellis Craig
Bought auction: $undisc
Bidders: 1
Ashburton, 6 Duke Street
SOI: $2,650,000 – $2,900,000
Sales Agent: Michael Rosano – Fletchers
Crowd: 54
Opening Bid: $2,700,000 VB
Passed in: $2,960,000
After auction: $2,970,000
Bidders: 3
Slow start at the auction however, three eager bidders stepped in to purchase the home. After a brief half time break, the property was passed in, with the highest bid reaching $2,960,000. Sold after.
Kew, 5 Heather Grove
SOI: $3,600,000 – $3,800,000
Sales Agent: Sophie Su – Kay & Burton
Crowd: 30
Opening Bid: $3,600,000 VB
On the market: $3,900,000
Under the hammer: $3,940,000
Bidders: 3
This poolside auction had three bidders competing for the keys to this property, with auctioneer Scott Patterson declaring “on the market” at $3,900,000 with the hammer falling at $3,940.000.
Hawthorn, 31 Denham Street
SOI: $4,200,000 – $4,600,000
Sales Agent: Walter Dodich – Kay & Burton
Crowd: 40
Opening Bid: $4,350,000
On the market: $4,950,000
Under the hammer: $5,200,000
Bidders: 4
The auction started quickly with 4 people joining the race. It eventually sold to the highest bidder.
Balwyn, 12 Knutsford Street
SOI: $5,900,000 – $6,300,000
Sales Agent: Nicholas Franzmann – Marshall White
Crowd: 40
Opening Bid: $5,900,000 VB
Passed in: $6,000,000 VB
Bidders: 0
Quiet auction with a vendor bid to open and close the auction.
Camberwell, 35a Radnor Street
SOI: $3,150,000 – $3,450,000
Sales Agent: Robert Le – Marshall White
Crowd: 30
Opening Bid: $3,150,000 VB
Passed in: $3,250,000 VB
Bidders: 0
A vendor bid of $3,150,000 began the auction. After consulting with the vendors Mr McLauchlan placed a second vendor bid of $3,250,000 which he subsequently passed the property in for after no further bids were placed.
Kew, 28 Carson Street Kew
SOI: $2,800,000 – $3,000,000
Sales Agent: Scarlett Hang – Marshall White
Crowd: 40
Opening Bid: $2,800,000 VB
Passed in: $2,880,000
After auction: $undisc
Bidders: 2
Two bidders got involved in the auction before the home was passed in at $2,880,000 and sold soon after.
Hawthorn, 1 Kooyongkoot Road
SOI: $4,200,000 – $4,600,000
Sales Agent: Scott Patterson – Kay & Burton
Crowd: 20
Opening Bid: $4,000,000 VB
Passed in: $4,050,000 VB
Bidders: 0
No bidding and the property passed into the street.
Glen Iris, 36 Sunhill Road
SOI: $2,300,000 – $2,500,000
Sales Agent: Zali Reynolds – Shelter
Crowd: 27
Opening Bid: $2,350,000 VB
Passed in: $2,360,000
Bidders: 1
A lone bid of $2,360,000 was placed, auctioneer Mike Millington passed in the property shortly thereafter.
Canterbury, 171 Prospect Hill Road
SOI: $4,800,000 – $5,200,000
Sales Agent: Wendy Zhou – Heavyside
Crowd: 60
Opening Bid: $4,800,000
Passed in: $5,150,000
Bidders: 2
2 parties fought it out on the street for this property. It eventually passed in to the originally bidder.
Camberwell, 15 Glencairn Avenue
SOI: $3,350,000 – $3,650,000
Sales Agent: Vanessa Cao – Established
Crowd: 25
Opening Bid: $3,550,000 VB
Passed in: $3,550,000 VB
Bidders: 0
No bidding from the street, and the property passed in
Canterbury, 62 Bryson Street
SOI: $3,750,000 – $3,950,000
Sales Agent: Geordie Dixon – Jellis Craig
Crowd: 50
Opening Bid: $3,700,000 VB
Passed in: $3,800,000
Bidders: 1
The 50-strong crowd only offered near-silence at this auction, despite auctioneer Jonathan O’Donoghue’s attempts to entice activity, with just one bidder speaking up once, resulting in a pass-in.
Boroondara – 14 Auctions
Clearance: 79%
Bidderman: 1.9
Kew, 96 Parkhill Road
SOI: $3,500,000 – $3,800,000
Sales Agent: Paul Richards – Bekdon Richards
Before Auction: $undisc
Bidders: 1
Kew, 22 Laver Street
SOI: $3,900,000 – $4,100,000
Sales Agent: Lloyd Lawton – Jellis Craig
Before Auction: $undisc
Bidders: 1
Kew, 47 Wills Street
SOI: $3,000,000 – $3,300,000
Sales Agent: Charlie Tostevin – Marshall White
Before Auction: $undisc
Bidders: 1
Kew, 52 Parkhill Road
SOI: $3,500,000 – $3,700,000
Sales Agent: Danielle Balloch – Kay & Burton
Crowd: 30
Opening Bid: $3,600,000 VB
Passed in: $3,660,000
After Auction: $undisc
Bidders: 1
Auctioneer Scott Patterson opened with a $3,600,000 vendor bid, which was followed by a $3,650,000 second vendor bid to a silent crowd. Halftime break ensued then bidder 1 offered $3,660,000; however this wasn’t enough to snare a sale so it was passed in AT $3,660,000. Sold after.
Glen Iris, 2 Watson Street
SOI: $2,800,000 – $3,000,000
Sales Agent: Jonathon O’Donoghue
Crowd: 5
Opening Bid: $2,800,000 VB
Passed in: $2,850,000 VB
Bidders: 0
A small crowd gathered but no bidding took place and the property passed in.
Kew, 23 Florence Avenue
SOI: $3,500,000 – $3,800,000
Sales Agent: James Tostevin – Marshall White
Crowd: 60
Opening Bid: $3,600,000 VB
On the market: $3,810,000
Under the hammer: $3,860,000
Bidders: 4
A quiet start with a $3,600,000 vendor bid kicking off the proceedings before three other bidders spoke up, taking the eventual sale price to $3,860,000.
Canterbury, 58 Alexandra Avenue
SOI: $6,600,000 – $7,250,000
Sales Agent: Daniel Bradd – Marshall White
Crowd: 60
Opening Bid: $6,700,000 VB
On the market: $7,100,000
Under the hammer: $7,650,000
Bidders: 4
What started slowly, soon picked up, with 4 parties battling it out. It eventually sold to the highest bidder.
Camberwell, 39 Loch Street
SOI: $3,800,000 – $4,100,000
Sales Agent: Peter Vigano – Jellis Craig
Crowd: 40
Opening Bid: $3,800,000
On the market: $4,000,000
Under the hammer: $4,085,000
Bidders: 2
2 bidders fought it out on the leafy street, with it eventually ending up with the original bidder for $4,085,000.
Kew, 5 Edward Street
SOI: $4,750,000 – $5,200,000
Sales Agent: Hamish Tostevin – Marshall White
Crowd: 50
Opening Bid: $4,800,000
On the market: $5,225,000
Under the hammer: $5,838,888
Bidders: 4
A decent crowd gathered in the spring garden and 4 parties joined the bidding. After lots of back and forth, it eventually sold for the lucky number $5,838,888.
Camberwell, 85 Rowell Avenue
SOI: $3,600,000 – $3,900,000
Sales Agent: Zali Reynold – Shelter
Crowd: 70
Opening Bid: $3,500,000
Passed in: $3,720,000
After Auction: $undisc
Bidders: 2
Bidder 1 spoke up with $3,500,000, a second bidder was encouraged to enter, however the reserve wasn’t reached, resulting in a pass in at $3,720,000
Surrey Hills, 11 Durham Road
SOI: $2,800,000 – $3,080,000
Sales Agent: Chris Barrett – Marshall White
Crowd: 40
Opening Bid: $2,800,000 VB
Passed in: $2,890,000
After Auction: $undisc
Bidders: 2
Two bidders participated in this auction, however there wasn’t sufficient bidding to close the sale, resulting in the property being passed in at $2,890,000
Canterbury, 28 Parlington Street
SOI: $3,800,000 – $4,100,000
Sales Agent: Andrew Gibbons – Marshall White
Crowd: 25
Opening Bid: $3,800,000 VB
Passed in: $3,800,000 VB
Bidders: 0
A small crowd gathered, but with no bidding from the crowd, the property passed in.
Ashburton, 75 Nicholas Street
SOI: $2,500,000 – $2,700,000
Sales Agent: Fiona Ansell-Jones – Marshall White
Crowd: 80
Opening Bid: $2,400,000
On the market: $2,855,000
Under the hammer: $3,050,000
Bidders: 5
From the time of auctioneer Justin Long’s opening vendor bid, five bidders duked it out to take home the keys to this property, with the hammer falling at $3,050,000
Camberwell, 13 Hunter Road
SOI: $3,500,000 – $3,850,000
Sales Agent: Desiree Wakim – Marshall White
Crowd: 50
Opening Bid: $3,300,000 VB
Passed in: $3,300,000 VB
Bidders: 0
A quiet, quick auction with no one speaking up after auctioneer David Smith’s initial vendor bid of $3,300,000, resulting in a pass-in.
