TOORAK - Multi-agent works again!

Congratulations to conjunctional agents Andrew Gibbons and Chris Barrett of Marshall White, who competed with other agents and secured the sale with a mini-auction before the official auction, achieving a price above the quoted range in this challenging market. Multi-agent, both on and off-market, is driving success in this tough environment by putting all of us under a little pressure.

 

We compete every day, buyers compete, and we believe agents should compete as well—not with glossy brochures or even glossier promises, but with real offers.

 

We have sold over 200 homes through multi-agent, both on and off-market, at auction and via EOI, ranging from $2 million to $22 million. We value, organise, prepare the home, manage the process, report, and stand on the property. We don’t rush! Multi-agent delivers results once again.

Can we help you in Stonnington?

My advice: at the very least meet with them – you won’t be disappointed. 

If you’re thinking of selling don’t look past the team for exceptional results. It’s their business to know how to stage a house and garden, know the best time of the year to sell in different areas, and they will know the key selling points of your house (and they can arrange for all of this to happen for you).  They know how to negotiate and more importantly, how to time negotiations.  They know the real estate agents and know who will be the right one for you.  You’re in really safe hands and most importantly they’re honest – they will advise to not sell if the offer isn’t right.  They’re truly ‘on your side’ and advise you on how to get the best outcome for you.  My advice: at the very least meet with them – you won’t be disappointed. 

Stonnington Auction Markets

2024M3 Spring

Bidderman
1.6
Stock
Average
Clearance
68%

2024M2

Bidderman
0.9
Stock
Average
Clearance
45%

2024M1

Bidderman
1.3
Stock
Average
Clearance
64%

2023M4 Pre-

Bidderman
1.5
Stock
Good
Clearance
71%

2023M3 Spring

Bidderman
0.9
Stock
Low
Clearance
45%
SOUTH YARRA, 98 Leopold Street Agent: Oliver Bruce – Marshall White SOI: $2,500,000 - $2,750,000 Crowd: 40 Opening Bid: $2,400,000 VB On the Market: $2,800,000 Under the Hammer: $3,005,000 Bidderman: 2 Kathy

Stonnington overall stats –  25 auctions

Clearance: 68%

Bidderman: 1.6

 

Stonnington – Week 3 stats –  4 auctions

Clearance: 50

Bidderman: 1.5

 

MALVERN, 28 Elizabeth Street

Agent: Will Bennison – Jellis Craig

SOI: $3,700,000 – $4,050,000

Crowd: 35

Opening Bid: $3,700,000

On the Market: $4,260,000

Under the Hammer: $4,340,000

Bidderman: 3

The bidding began immediately, and quickly 3 joined the race. The property eventually sold to bidder 1, who bid strongly throughout. It reached reserve with no half time break.

 

MALVERN EAST, 46 Washington Avenue

Agent: Daniel Wheeler – Marshall White

SOI: $2,300,000 – $2,500,000

Crowd: 35

Opening Bid: $2,300,000 VB

Passed in: $2,300,000 VB

Bidderman: 0

No bids, the property passed in.

 

SOUTH YARRA, 28 Hardy Street

Agent: Jack Richardson – Abercromby’s

SOI: $2,300,000 – $2,500,000

Crowd: 20

Opening Bid: $2,300,000 VB

Passed in: $2,350,000

Bidderman: 1

Auctioneer Jack Richardson welcomed a crowd of 20 to the auction of 28 Hardy St South Yarra. Mr Richardson opened the bidding placing a vendor bid of $2,300,000 this was met with a $50,000 rise. The property was passed in to the sole bidder for $2,350,000. 

 

MALVERN, 26 Cressy Street

Agent: Fiona Ansell-Jones – Marshall White

SOI: $2,750,000 – $2,900,000

Crowd: 30

Opening Bid: $2,700,000 VB

Passed in: $2,885,000

Sold After: $undisc

Bidderman: 2

Neighbours and onlookers spread across the wide Malvern Street. 2 bidders went back and forth but were unable to meet the vendors reserve and the property passed in. Sold after.

Stonnington – Week 2 (14 auctions)

Clearance: 71%

Bidderman: 1.64

 

Week 1 and 2  (21 auctions)

Clearance: 71%

Bidderman: 1.57

 

 

 

TOORAK – Method Change

 

MALVERN EAST, 23 Rothesay Avenue

Agent: Lachie Fraser-Smith – Jellis Craig

SOI: $2,000,000 – $2,200,000

Before auction: $undisc

 

TOORAK, 41 Power Street

Agent: Chris Barrett – Marshall White

SOI: $4,200,000 – $4,600,000

Before auction: $undisc

 

MALVERN, 28 Euston Street

Agent: Carla Fetter – Jellis Craig

SOI: $3,000,000 – $3,100,000

Crowd: 25

Opening Bid: $2,900,000 VB

On the Market: $3,200,000

Under the Hammer: $3,400,000

Bidderman: 3

Escaping the rain, the crowd gathered around the kitchen, after a quick vendor bid to get the ball rolling, 2 bidders quickly joined in and third a bit later. The property sold under the hammer to bidder 2.

 

MALVERN EAST, 25 Summerhill Avenue

Agent: Fiona Ansell-Jones – Marshall White

SOI: $2,900,000 – $3,050,000

Crowd: 38

Opening Bid: $2,900,000 VB

Passed in: $3,100,000

Sold After: $undisc

Bidderman: 3

After opening on a vendor bid and asking for a $25,000 rise Auctioneer John Manton was met with silence. Disappointed with the lack of crowd participation Mr Manton accepted a bid of $10,000. Suddenly a flurry of bidding occurred between 2 bidders and then a third.  When bidding stalled at $3,100,000, the property was passed in to Bidder 1 for private negotiations. Sold after.

 

TOORAK, 81 Mathoura Road

Agent: Gowan Stubbings – Kay & Burton

SOI: $3,800,000 – $4,180,000

Crowd: 10

Opening Bid: $3,800,000 VB

Passed in: $3,810,000

Sold After: $undisc

Bidderman: 1

A small crowd gathered inside, with what looked to be a pass in auction with no bidding. However 1 bidder popped their hand up at the last minute after a half time break, and the property was passed into them. Sold after.

 

MALVERN EAST, 60-62 Finch Street

Agent: Rae Tomlinson – Marshall White

SOI: $4,000,000 – $4,400,000

Crowd: 48

Opening Bid: $4,000,000 VB

On the Market: $4,415,000

Under the Hammer: $undisc

Bidderman: 2

Chilly weather and a slow start in Finch Street.  Opening on a vendor bid, Auctioneer John Manton had two bidders who slowly exchanged bids.  After a quick break inside to chat with the vendors, Mr Manton returned with the news that we were close, but not yet on the market. Once the reserve price was reached, the bidding pace increased with Bidder one reigning supreme.

 

WINDSOR, 26 Ann Street

Agent: Scott Banks – Scott Banks Real Estate

SOI: $2,250,000 – $2,475,000

Crowd: 16

Opening Bid: $1,750,000

On the Market: $2,700,000

Under the Hammer: $2,900,000

Bidderman: 3

An opening bid was placed at $1,750,000, which was swiftly met by a second bidder with a bid of $2,000,000. A third bidder entered the race and a bidding war ensued between the first and third bidder. At one point the third bidder declared she would “need a second job” as she continued her relentless pursuit of the property. Mr Banks declared the property was on the market at $2,700,000 after consulting with the vendors.  Eventually the first bidder purchased the property under the hammer for $2,900,000.

 

MALVERN, 2 McArthur Street

Agent: Carla Fetter – Jellis Craig

SOI: $2,200,000 – $2,400,000

Crowd: 30

Opening Bid: $2,300,000 VB

Passed in: $2,325,000

Sold After: $undisc

Bidderman: 1

A young couple for their hand up to be in the box position to negotiate price after the property passed into them. Sold after.

 

MALVERN, 26 Winter Street

Agent: Rae Tomlinson – Marshall White

SOI: $5,000,000 – $5,500,000

Crowd: 60

Opening Bid: $5,000,000 VB

Passed in: $5,050,000

Sold After: $undisc

Bidderman: 1

After attempting to bid $10,000 and having it rejected by the auctioneer, the lone bidder eventually met the minimum $50,000 bid and the property was passed into him. Sold after.

 

 

MALVERN EAST, 50 Emo Road

Agent: Jack Moss – Marshall White

SOI: $2,400,000 – $2,600,000

Crowd: 80

Opening Bid: $2,400,000 VB

Passed in: $2,600,000

Sold After: $2,670,000

Bidderman: 3

Three bidders inched toward the reserve price, but failed to cross the line.  Auctioneer Andrew Hayne passed the property in to the highest bidder and negations continued behind closed doors. Sold after.

 

MALVERN, 10 Soudan Street

Agent: Carla Fetter – Jellis Craig

SOI: $4,800,000 – $5,200,000

Crowd: 35

Opening Bid: $4,800,000 VB

Passed in: $4,810,000

Bidderman: 1

Outdoor auction in the spitting rain, lots of umbrellas and raincoats, but as the sun came out so did 1 single bid and the property was passed in.

 

MALVERN, 13 Evandale Road

Agent: David Volpato – Marshall White

SOI: $2,100,000 – $2,300,000

Crowd: 19

Opening Bid: $2,100,000 VB

Passed in: $2,200,000

Bidderman: 2

Auctioneer Joseph Ben-Danan welcomed a crowd of 19 to the auction of 13 Evandale Road, Malvern. Mr Ben-Danan opened the bidding placing a vendor bid of $2,100,000. This bid was met by a first bidder who was quickly joined by a second. The property was passed in to the first bidder for $2,200,000.

 

MALVERN EAST, 9 Oak Grove

Agent: Ash Howarth – Marshall White

SOI: $2,300,000 – $2,500,000

Crowd: 30

Opening Bid: $2,000,000 VB

Passed in: $2,025,000

Bidderman: 1

After opening with a vendor bid of $2 million and receiving only one bid, Auctioneer Daniel Wheeler passed in the property. Negotiations moved inside.

Stonnington – Week 1

7 auctions

Clearance: 71%

Bidderman: 1.7

 

 

ARMADALE – Method change

 

MALVERN EAST, 5 Nyora Street

Agent: James Tomlinson – Marshall White

SOI: $2,700,000 – $2,900,000

Crowd: 80

Opening Bid: $2,600,000 VB

On the Market: $2,900,000

Under the Hammer: $3,220,000

Bidderman: 4

AAuctioneer James Tomlinson opened the bidding placing a Vendor Bid of $2,600,000.  Three bidders joined the bidding placing $20,000 bids. The property was declared on the market at $2,900,000. The bidding continued with a fourth bidder entering the race. The fourth bidder purchased the property under the hammer for $3,220,000. 

 

TOORAK, 4a Evelina Road

Agent: Fiona Counsel – Marshall White

SOI: $3,550,000 – $3,900,000

Crowd: 50

Opening Bid: $3,500,000 VB

On the Market: $3,900,000

Under the Hammer: $3,960,000

Bidderman: 2

Bidder one wasted no time placing their first bid after the opening Vendor Bid. Following a swift exchange between two bidders, and one quick break from our Auctioneer Justin Long, the property was sold under the hammer to the first bidder.

 

SOUTH YARRA, 33 Motherwell Street

Agent: Carla Fetter – Jellis Craig

SOI: $3,900,000 – $4,200,000

Crowd: 75

Opening Bid: $3,900,000 VB

On the Market: $4,290,000

Under the Hammer: $4,320,000

Bidderman: 2

Two bidders slowly inched the price higher until it was declared on the market at $4,290,000. They then took the reins and raced to the finish with Bidder one holding on until the end.

 

SOUTH YARRA, 98 Leopold Street

Agent: Oliver Bruce – Marshall White

SOI: $2,500,000 – $2,750,000

Crowd: 40

Opening Bid: $2,400,000 VB

On the Market: $2,800,000

Under the Hammer: $3,005,000

Bidderman: 2

After an initial hesitant start two side by side bidders quickly traded places as the leader.  Bidder one held on to take the keys to a round of applause.

 

PRAHRAN, 98 Chomley Street

Agent: Matt Davis – Kay & Burton

SOI: $2,700,000 – $2,900,000

Crowd: 26

Opening Bid: $2,700,000 VB

Passed in: $2,900,000

Sold after: $undisc

Bidderman: 2

Initially slow to raise their hands, two bidders then rapidly bid to $2,900,000 when auctioneer Gowan Stubbings took a quick second break. Upon his return, Mr Stubbings announced that we were close but not yet on the market. With no further bidding, the property was passed in to the second bidder.

 

PRAHRAN, 1 and 3 Lorne Road

Agent: Tom McCarthy – Biggin & Scott

SOI: $2,300,000 – $2,530,000

Crowd: 24

Opening Bid: $2,300,000 VB

Passed in: $2,500,000 VB

Bidderman: 0

With no bids received from the quiet crowd, the property passed in to a second vendor bid.

Stonnington Week 3 – 11 auctions

Clearance: 45%

Bidderman: 0.9

 

 

Overall – 18 auctions

Clearance: 44%

Bidderman: 1.1

 

 

MALVERN EAST, 13 Devonshire Road

SOI: $2,000,000 – $2,200,000

Sales Agent: Hugh Tomlinson – Marshall White

Before auction: $undisc

Bidders: 1

 

MALVERN EAST, 10 Nott Street

SOI: $3,750,000 – $4,000,000

Sales Agent: James Tomlinson – Marshall White

Before auction: $undisc

Bidders: 1

 

 

ARMADALE, 10 Hume Street

SOI: $3,250,000 – $3,500,000

Sales agent: David Volpato – Marshall White

Crowd: 20

Opening Bid: $3,250,000 VB

Passed in: $3,250,000 VB

Bidders: 0

The street stood quiet as the auction opened and closed on a vendor bid of $3,250,000

 

MALVERN EAST, 4 Anderson Street

SOI: $3,100,000 – $3,400,000

Sales agent: Kellie O’Neill – Jellis Craig

Crowd: 11

Opening Bid: $3,100,000 VB

Passed in: $3,300,000 VB

Bidders: 0

With a small crowd and no bids, the property was passed in to a vendor bid.  

 

SOUTH YARRA, 19 Hope Street

SOI: $3,500,000 – $3,750,000

Sales agent: Nicholas Brooks – Marshall White

Crowd: 60

Opening Bid: $3,400,000

Passed in: $3,450,000 VB

Bidders: 1

One bidder adds to the opening vendor bid of $3,400,000 but the $50,000 rise isn’t enough to place the property on the market and it is passed in at $3,450,000.

 

TOORAK, 87 Mathoura Road

SOI: $2,800,000 – $3,000,000

Sales agent: Mark Harris – Marshall White

Crowd: 25

Opening Bid: $2,800,000 VB

Passed in: $2,800,000 VB

Bidders: 0

No initial bids were placed from the crowd so Mr long placed a vendor bid of $2,800,000. After a short break speaking with the vendors, he returned encouraging prospective buyers to get involved. With no bids being placed the property was formally passed in at $2,800,000. 

 

PRAHRAN, 50 Lewisham Road

SOI: $2,500,000 – $2,700,000

Sales agent: James McCormack – Marshall White

Crowd: 20

Opening Bid: $2,500,000 VB

Passed in: $2,500,000 VB

Bidders: 0

No one bidding today in Lewisham Street. One potential buyer moved inside for post auction negotiations while the crowd mingled on the street.  

 

ARMADALE, 17 Lambeth Avenue

SOI: $3,000,000 – $3,300,000

Sales agent: Carla Fetter – Jellis Craig

Crowd: 27

Opening Bid: $2,950,000 VB

On market: $3,110,000

Under Hammer: $3,203,000

Bidders: 2

Two relaxed looking bidders, side by side, swiftly traded bids. The property was purchased by Bidder 1 with no need for a mid-auction break 

 

ARMADALE, 6 Sutherland Road

SOI: $2,200,000 – $2,400,000

Sales agent: Carla Fetter – Jellis Craig

Crowd: 30

Opening Bid: $2,250,000 VB

Passed in: $2,310,000

After auction: $2,380,000

Bidders: 2

People sprawled over the wide Armadale Street. After some bidding from the crowd and a half time break, the property passed in.

 

SOUTH YARRA, 26 Albion Street

SOI: $2,000,000 – $2,200,000

Sales agent: Matt Davis – Kay & Burton

Crowd: 20

Opening Bid: $2,000,000

On market: $2,220,000

Under Hammer: $2,335,000

Bidders: 3

Spirited bidding from the crowd led to no half time break and the property selling under the hammer. 

 

MALVERN EAST, 306 Wattletree Road

SOI: $2,450,000 – $2,650,000

Sales agent: John Morrisby – Jellis Craig

Crowd: 15

Opening Bid: $2,350,000 VB

Passed in: $2,350,000 VB

Bidders: 0

A small crowd gathered in the front yard for the auction. Mr Morrisby placed a vendor bid which was matched by the lone bidder. 

Week 2 – 3

Clearance: 33%

Bidderman: 0.66

 

Week 1 and 2 combined –

Clearance: 43%

Bidderman: 1.42

 

MALVERN EAST, 20 Olive Street

SOI: $2,500,000 – $2,700,000

Sales Agent: Tom Hayne – Marshall White

Crowd: 50

Opening Bid: $2,500,000 VB

Passed in: $2,520,000

After auction: $undisc

Bidders: 1

A late bid from the crowd went without competition and the bidder was ushered inside.

 

TOORAK, 1/1 Woorigoleen Road

SOI: $3,400,000 – $3,600,000

Sales Agent: Nicole French – Marshall White

Crowd: 20

Opening Bid: $3,000,000 VB

Passed in: $3,100,000

Bidders: 1

One bid from the 20-strong crowd was enough to secure the first right to negotiate.

 

SOUTH YARRA, 5a Nicholson Street

SOI: $2,095,000 – $2,295,000

Sales Agent: Nick Gatacre – Belle

Crowd: 30

Passed in: $2,150,000 VB

Bidders: 0

Without any crowd participation, the property was passed in.

Stonnington – 4 auctions

Clearance: 50%

Bidderman: 2

 

MALVERN EAST, 74C Burke Road

SOI: $2,450,000 – $2,650,000

Sales Agent: Walter Summons – Belle

Crowd: 30

Opening Bid: $2,450,000

On market: $2,750,000

Under the hammer: $2,801,000

Bidders: 3

Auctioneer Walter Summons had barely finished his introduction when an opening bid was placed for $2,450,000. Two more bidders joined the race resulting in a final bidding war of $1000 bids before the property sold to Bidder Three for $2,801,000. 

 

MALVERN EAST, 15 Mountfield Avenue

SOI: $3,300,000 – $3,600,000

Sales Agent: Ash Howarth – Marshall White

Crowd: 85

Opening Bid: $3,300,000 VB

On market: $3,800,000

Under the hammer: $4,100,000

Bidders: 3

After an initial quiet start, three bidders raised their hands at 15 Mountfield Avenue today. Bidder two was tenacious and after bids ranging from $1000 to $150,000, secured the keys to a round of applause.

 

MALVERN EAST, 57 Ardrie Road

SOI: $4,000,000 – $4,400,000

Sales Agent: Daniel Wheeler – Marshall White

Crowd: 90

Opening Bid: $4,000,000 VB

Passed in: $4,025,000

Bidders: 1

The rustling of leaves was the only sound when Auctioneer Daniel Wheeler called for bids. After a quick break and another call for bids, the property was passed into the sole bidder.

 

ARMADALE, 21 Valentine Grove

SOI: $2,000,000 – $2,200,000

Sales Agent: David Volpato – Marshall White

Crowd: 40

Opening Bid: $2,000,000

Passed in: $2,025,000

Bidders: 1

Auctioneer Joseph Ben-Danan welcomed a crowd of 40 to the auction of 21 Valentine Grove Armadale. Mr Ben-Danan opened the bidding placing a vendor bid of $2,000,000. The property was passed in to the sole bidder for $2,025 000. 

Stonnington – 10 Auctions

Week 2

Clearance: 60%

Bidderman: 0.8

 

Combined Week 1 and Week 2 – 22 auctions

Clearance: 55%

Bidderman: 0.9

 

 

MALVERN, 50 McArthur Street

SOI: $2,300,000 – $2,500,000

Sales Agent: David Sciola – Jellis Craig

Before auction: $undisc

Bidders: 1

 

MALVERN EAST, 9 Hughes Street

SOI: $2,800,000 – $3,000,000

Sales Agent: Carla Fetter – Jellis Craig

Crowd: 42

Opening Bid: $2,850,000 VB

Passed in: $2,910,000

After auction: $undisc

Bidders: 2

A damp morning and a cool auction. After opening with a vendor bid, only three bids were made. Auctioneer David Sciola passed the property in to the first bidder and negotiations moved inside. Sold after.

 

MALVERN EAST, 10 Warley Road

SOI: $2,100,000 – $2,200,000

Sales Agent: Anthony Reis – Marshall White

Crowd: 60

Opening Bid: $2,200,000

Passed in: $2,200,000

After auction: $undisc

Bidders: 1

Despite a large crowd, there was only one bidder in Warley St this morning. The property was passed in to the sole bidder and negotiations moved inside. Sold after.

 

WINDSOR, 61 Henry Street

SOI: $3,000,000 – $3,300,000

Sales Agent: James McCormack – Marshall White

Crowd: 42

Opening Bid: $2,850,000 VB

Passed in: $2,900,000

After auction: $undisc

Bidders: 1

A quiet crowd came to observe but not participate. After opening with a vendor bid, Auctioneer James McCormack passed the property in to the sole bidder and negotiations moved inside. Sold after.

 

SOUTH YARRA, 23 Nicholson Street

SOI: $3,000,000 – $3,300,000

Sales Agent: Matt Davis – Kay & Burton

Crowd: 20

Opening Bid: $3,000,000 VB

Passed in: $3,010,000

After auction: $3,125,000

Bidders: 1

One bidder answered the call to raise the opening vendor bid, but with no competition, the property was passed in. Sold after.

 

MALVERN, 32 Claremont Avenue

SOI: $3,900,000 – $4,250,000

Sales Agent: David Sciola – Jellis Craig

Crowd: 70

Opening Bid: $3,850,000 VB

Passed in: $4,000,000

After auction: $undisc

Bidders: 1

Auctioneer David Sciola turned a proposed opening bid into a vendor bid. After a half-time break, the same bidder matched the new $4,000,000 vendor bid at which the property was passed in. Sold after.

 

MALVERN, 31 Glendearg Grove

SOI: $2,800,000 – $3,000,000

Sales Agent: Carla Fetter – Jellis Craig

Crowd: 27

Opening Bid: $2,800,000 VB

Passed in: $2,800,000 VB

Bidders: 0

A quiet auction with no audience participation. Auctioneer Andrew McCann opened and closed the bidding with a single vendor bid.

 

MALVERN, 4 Derril Avenue  

SOI: $5,000,000 – $5,500,000

Sales Agent: Daniel Ashton – Biggin Scott

Crowd: 20

Opening Bid: $5,000,000

Passed in: $5,000,000

Bidders: 1

An uncontested $5,000,000 bid secured the first right to negotiate.

 

ARMADALE, 11 Inverness Avenue

SOI: $2,800,000 – $3,000,000

Sales Agent: Hugh Tomlinson – Marshall White

Crowd: 40

Opening Bid: $2,800,000 VB

Passed in: $2,800,000 VB

Bidders: 0

Nobody in the crowd offered a bid and the property was passed in.

 

MALVERN, 14 Ewart Street

SOI: $2,400,000 – $2,600,000

Sales Agent: Fiona Ansell-Jones – Marshall White

Crowd: 40

Opening Bid: $2,400,000 VB

Passed in: $2,400,000 VB

Bidders: 0

With no bids forthcoming from the crowd, Auctioneer Daniel Wheeler opened and then passed in this property. 

12 auctions

Clearance: 50%

Bidderman: 1

 

MALVERN, 26 Elizabeth Street

SOI: $4,700,000 – $5,100,000

Sales Agent: Yili Ma – Belle Property

Before auction: $5,150,000

Bidders: 1

 

PRAHRAN, 3 Linden Court

SOI: $3,500,000 – $3,850,000

Sales Agent: Carla Fetter – Jellis Craig

Before auction: $undisc

Bidders: 1

 

MALVERN EAST, 11 Baker Street

SOI: $2,600,000 – $2,850,000

Sales Agent: John Manton – Marshall White

Bought before: $undisc

Bidders: 1

 

MALVERN EAST, 4 Dundonald Avenue

SOI: $2,000,000 – $2,200,000

Sales Agent: Daniel Wheeler – Marshall White

Bought before: $undisc

Bidders: 1

 

MALVERN, 35 McKinley Avenue

SOI: $3,600,000 – $3,800,000

Sales Agent: John Manton – Marshall White

Crowd: 70

Opening Bid: $3,600,000 VB

On market: $3,900,000

Under hammer: $4,120,000

Bidders: 3

Three bidders provide the crowd of about 70 people some lively entertainment at 35 McKinley street Malvern. The opening vendor bid of 3,600,000 is quickly in the rear vision mirror as bidding passes the reserve of $3,900,000 and to an eventual sale price of $4,120,000. 

 

PRAHRAN, 4 Leila Street

SOI: $2,950,000 – $3,200,000

Sales Agent: Nicholas Brooks – Marshall White

Crowd: 60

Opening Bid: $2,950,000 VB

Passed in: $3,350,000

Sold after: $3,350,000

Bidders: 2

Two bidders fought it out bidding in 25k increments, the property reached $3,350,000 when it was passed in and sold soon after for the same amount.

 

MALVERN EAST, 71 Kerferd Street

SOI: $2,800,000 – $3,000,000

Sales Agent: Chris Cain – JA Cain

Crowd: 25

Opening Bid: $2,625,000 VB

Passed in: $2,625,000 VB

Bidders: 0

A quiet crowd in a quiet street. No bids from onlookers and the property was passed in.

 

GLEN IRIS, 16 Grandview Road

SOI: $2,900,000 – $3,190,000

Sales Agent: John Morrisby – Jellis Craig

Crowd: 70

Opening Bid: $2,950,000 VB

Passed in: $2,950,000

Bidders: 1

The dogs have caught the upswing vibe at Grandview Road today in Glen Iris as John Morrisby opens the bidding for Jellis Craig with a vendor bid of $2,950,000. A member of the crowd agrees to match the bid There is no further competition however, and the home is passed in on the vendor turned bidder offer. 

 

MALVERN, 8 Valetta Street

SOI: $2,900,000 – $3,190,000

Sales Agent: Simon Dale – Biggin Scott

Crowd: 50

Opening Bid: $2,900,000 VB

Passed in: $3,000,000 VB

Bidders: 0

The sun has come out and it’s warm standing in the sun as Simon Dale tries to persuade the crowd of about 50 people to participate in the auction at Valetta today, by opening the auction with a vendor bid of $2,900,000. However, everyone is just enjoying the autumnal sunshine and the home is passed in on a further vendor bid of $3,000,000.

 

MALVERN EAST, 11 Clarence Street

SOI: $2,700,000 – $2,970,000

Sales Agent: Fraser Cahill – Marshall White

Crowd: 50

Opening Bid: $2,700,000 VB

Passed in: $2,700,000 VB

Bidders: 0

James Tomlinson works the crowd of about 50 people at the auction of 11 Clarence street Malvern East but there are no bidders and the home is passed in at the opening vendor bid of $2,700,000.

 

ARMADALE, 18 Moorhouse Street

SOI: $3,000,000 – $3,300,000

Sales Agent: Lachie Fox – RT Edgar

Crowd: 20

Opening Bid: $3,000,000

Passed in: $3,000,000

Bidders: 1

Small crowd with a single bid enough to pass the property in and deal with the lone bidder.

 

MALVERN EAST, 9 Epping Street

SOI: $2,800,000 – $3,000,000

Sales Agent: Carla Fetter – Jellis Craig

Crowd: 30

Opening Bid: $2,650,000 VB

Passed in: $2,670,000

Bidders: 1

Just when the auction looked done and dusted with a half time break and no bidding from the crowd. Bidder 1 raised their hand, and the property was passed into them.

South Yarra, 46 Oban Street

SOI: $2,150,000 – $2,350,000

Sales Agent: James McCormack – Marshall White

Crowd: 35

Opening Bid: $2,150,000 VB

On the market: $2,410,000

Under the hammer: $2,430,000

Bidders: 2

Two bidders swiftly brought this property onto the market, only to have a third bidder swoop in at the end to take the keys.

 

Malvern East, 16 Grant Street

SOI: $3,400,000 – $3,600,000

Sales Agent: Hugh Tomlinson – Marshall White

Crowd: 70

Opening Bid: $3,500,000 VB

On the market: $3,775,000

Under the hammer: $3,900,000

Bidders: 2

A rapid exchange between two bidders followed Auctioneer Hugh Tomlinson’s opening vendor bid. After a quick break, the determined first bidder bought the home to a round of applause. 

 

Malvern, 15 Moorakyne Avenue

SOI: $6,500,000 – $7,100,000

Sales Agent: Nicole French – Marshall White

Crowd: 42

Opening Bid: $6,500,000 VB

Passed in: $6,550,000

After auction: $undisc

Bidders: 1

It seems the scattered crowd was here to enjoy the sunshine but not to make bids. The property was passed into the sole bidder and negotiations moved inside.

 

Armadale, 108 Kooyong Road

SOI: $3,500,000 – $3,850,000

Sales Agent: Richard Mackinnon – Marshall White

Crowd: 19

Opening Bid: $2,750,000 VB

Passed in: $2,750,000 VB

Bidders: 0

Auctioneer Justin Long welcomed a crowd of 19 to the auction of 108 Kooyong Road, Armadale. Mr Long opened and closed the bidding, passing the property in on a sole vendor bid of $2,750,000.

 

Prahran, 41 Charles Street

SOI: $2,250,000 – $2,400,000

Sales Agent: James McCormack – Marshall White

Crowd: 30

Opening Bid: $2,200,000 VB

Passed in: $2,200,000 VB

Bidders: 0

After marvelling at the location and encouraging potential buyers to “leave the car at home” Mr McCormack swiftly placed a vendor bid of $2,200,000. No further bids were placed and the property was passed in on the sole vendor bid.

 

Malvern East, 34 Ferncroft Avenue

SOI: $4,000,000 – $4,400,000

Sales Agent: Fiona Ansell-Jones

Crowd: 27

Opening Bid: $4,000,000 VB

Passed in: $4,000,000 VB

Bidders: 0

After opening on a vendor bid, and receiving no bids, Auctioneer John Manton took a short break. With no crowd participation, Mr Manton later passed the property in. 

Malvern, 41 Jordan Street

SOI: $3,700,000 – $4,000,000

Sales Agent: Joanna Nairn – Marshall White

Bought auction: $undisc

Bidders: 1

 

Armadale, 37 Stuart Street

SOI: $2,000,000 – $2,100,000

Sales Agent: Carla Fetter – Jellis Craig

Crowd: 35

Opening Bid: $2,000,000

On the market: $2,170,000

Under the hammer: $2,270,000

Bidders: 2

Blink and you’ll miss it! Two keen bidders met the reserve and knocked down the property within minutes.

 

Malvern, 12 Ewart Street

SOI: $2,000,000 – $2,200,000

Sales Agent: Carla Fetter – Jellis Craig

Crowd: 55

Opening Bid: $2,000,000 VB

On the market: $2,180,000

Under the hammer: $2,267,000

Bidders: 2

After a break, two bidders stepped up to meet the reserve. Bidder 2 took the top spot and the keys.

 

Malvern East, 24 Tennyson Street

SOI: $2,100,000 – $2,300,000

Sales Agent: Michael Armstrong – Jellis Craig

Crowd: 70

Opening Bid: $2,200,000

On the market: $2,370,000

Under the hammer: $2,721,000

Bidders: 4

Plenty of interest here. Bidder 4 sniped the auction with a winning $1,000 bid

 

Malvern East, 95 Tooronga Road

SOI: $2,695,000 – $2,900,000

Sales Agent: Joseph Ben-Danan

Crowd: 10

Opening Bid: $2,650,000 VB

Passed in: $2,650,000 VB

Bidders: 0

The property was passed in on a sole vendor bid of $2,650,000.

 

Malvern, 36 Elizabeth Street

SOI: $2,300,000 – $2,500,000

Sales Agent: Michael Armstong – Jellis Craig

Crowd: 20

Opening Bid: $2,300,000 VB

Passed in: $2,300,000 VB

Bidders: 0

Auction was kicked off with a $2,300,000 vendor bid, however the crowd remained silent, therefore the property was passed in on this initial vendor bid.

 

South Yarra, 12 Barnsbury Road

SOI: $2,900,000 – $3,190,000

Sales Agent: Adrian Wood – Kay & Burton

Crowd: 25

Opening Bid: $3,000,000 VB

Passed in: $3,000,000 VB

Bidders: 0

Open and closed on a vendor bid of $3,000,000.

Stonnington – 11 Auctions

Clearance: 91%

Bidderman: 1.8

 

Glen Iris (Stonnington), 14 Vincent Street

SOI: $2,800,000 – $3,000,000

Sales Agent: Jack Moss – Marshall White

Before Auction: $undisc

Bidders: 1

 

South Yarra, 13 Alexandra Street 

SOI: $2,600,000 – $2,800,000

Sales Agent: Nicole Gleeson – Kay & Burton

Before Auction: $undisc

Bidders: 1

 

Armadale, 29 Glassford Street 

SOI: $2,300,000 – $2,500,000

Sales Agent: Justin Krongold – Marshall White

Before Auction: $undisc

Bidders: 1

 

South Yarra, 39 Fawkner Street

SOI: $2,400,000 – $2,600,000

Sales Agent: Fraser Cahill – Marshall White

Before Auction: $undisc

Bidders: 1

 

South Yarra, 120 Park Street

SOI: $5,000,000

Sales Agent: Max Ruttner – RT Edgar

Crowd: 100

Opening Bid: $4,800,000

On the market: $5,000,000

Under the hammer: $6,000,000

Bidders: 4

Bidding began quickly with 2 groups going back and forth. A late entrant knocked the 2nd bidder out and with large bids the late entrant got the home was sold under the hammer for $6,000,000. 

 

South Yarra, 22 Domain Street

SOI: $3,550,000 -$3,900,000

Sales Agent: Nicole Gleeson – Kay & Burton

Crowd: 36

Opening Bid: $3,850,000

On the market: $4,075,000

Under the hammer: $4,295,000

Bidders: 2

An initial bid of 3,850,000 was placed and the race for the property was underway with another keen buying entering. Back and forth bids from between the 2 bidders took place and after about 15 minutes home was sold under the hammer at $4,290,000. 

 

Armadale, 5 Elm Grove

SOI: $3,900,000 – $4,290,000

Sales Agent: Mark Harris – Marshall White

Crowd: 90

Opening Bid: $3,800,000

On the market: $4,400,000

Under the hammer: $5,450,000

Bidders: 3

Auctioneer Justin Long barely had the chance to call for bids before our eager first bidder placed an opening bid that had the property immediately on the market. Wasting no time, two additional bidders from the large crowd, joined the fray. In a matter of minutes the property was sold to the second bidder for $5,450,000. 

 

Malvern, 49 Claremont Avenue

SOI: $4,800,000 – $5,200,000

Sales Agent: John Morrisby – Jellis Craig

Crowd: 150

Opening Bid: $5,300,000

On the market: $5,700,000

Under the hammer: $6,300,000

Bidders: 3

As soon as Auctioneer John Morrisby finished his introduction, two bidders stepped forward. Like watching a game of tennis, the large crowd looked from side to side as bids were swiftly traded across the street. Within minutes, the property was on the market and about to be sold, when at the last moment, a third bidder placed the final decisive bid, snatching the keys.

 

Malvern, 30 Dixon Street

SOI: $2,200,000 – $2,400,000

Sales Agent: Carla Fetter – Jellis Craig

Crowd: 50

Opening Bid: $2,100,000

Passed in: $2,300,000

After Auction: $undisc

Bidders: 3

The Edwardian style home had a keen audience of 50 for the auction at 30 Dixon Street. 3 bidders got involved however the property was passed in shortly into the auction at $2,300,000. 

 

Prahran, 26 Chomley Street

SOI: $4,000,000 – $4,400,000

Sales Agent: Andrew McCann – Jellis Craig

Crowd: 75

Opening Bid: $4,000,000

Passed in: $4,050,000

After Auction: $undisc

Bidders: 1

After opening with a vendor bid and taking one half time break, Auctioneer Andrew McCann passed the property in to the sole bidder. Negotiations moved inside.  

 

Glen Iris (Stonnington), 188 Finch Street

SOI: $3,900,000 – $4,250,000

Sales Agent: Joanna Nairn – Marshall White

Crowd: 40

Opening Bid: $3,700,000 VB

Passed in: $3,700,000 VB

Bidders: 0

A quiet affair in Finch Street today. With no bids the property was passed in on the vendor bid. 

MALVERN EAST, 57 Ardrie Road SOI: $4,000,000 - $4,400,000 Sales Agent: Daniel Wheeler – Marshall White Crowd: 90 Opening Bid: $4,000,000 VB Passed in: $4,025,000 Bidders: 1 Photos: Kathy

Current Example We Bought: 13 Fairview Glen Iris