Stonnington
Melbourne’s premier district that rivals Sydney’s waterfront. A destination in terms of lifestyle and land banking. Deals over $30m, $50m are increasing as international buyers seek long term security.
QUIET SALES, EOIs, OFF MARKETS
- Clendon, St Georges and Lansell continue to remain Toorak and Melbourne’s premier streets with 4 quiet sales totalling over $100m.
- The Gascoigne in Malvern East rivals Grace Park as Melbourne’s premier Heritage precinct. 5 recent sales (Nott, Belson, Central Park, Finch and Kerferd) between $5m and $8m confirm that.
- Stonnington’s Top Dozen Sales in recent times have had 2 homes outside Toorak, Avalon in Armadale and Haverbrack in Malvern both circa $15m and both proving its the street’s provenance that matters, just as much as the home.
JAMES BUY SELL LISTINGS
ARMADALE, Alleyne Ave
For sale
$5.8m - $6.2m
TOORAK
Sold
Off market
ARMADALE
Sold
Off market
TOORAK
Sold
EOI
JAMES BUYING CLIENTS
ARMADALE & MALVERN
Ready to move in
$8m+
SOUTH YARRA
Period home
circa $5m
SOUTH YARRA 28 Ralston
Bought
$3.65m
TOORAK
Bought
Off Market
LAST 3 MARKETS
2024 M1 Opening
Bidderman
1.3
Stock
Average
Clearance
64%
2023 M4 Pre-Xmas
Bidderman
1.5
Stock
Good
Clearance
71%
2023 M3 Spring
Bidderman
0.9
Stock
Low
Clearance
45%
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.