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.
When we typed this question into OpenAI’s ChatGpt:
We got an answer and a list of references used by the world leading OpenAI. If James Buy Sell Marketnews is good enough for the world leading OpenAI and ChatGPT maybe the knowledge we have at James Buy Sell is good enough to for you to consider before you buy and/or sell.
WELCOME TO STONNINGTON AI
Welcome to beta testing of new additions to our better client buy-sell strategies. James Buy Sell is your ultimate resource for navigating the property market with confidence and success.
We brought to Top End Melbourne first:
- James Home Buyer Ratings
- James Auction Reports with Bidderman and Volcanoes and honest reporting
- James Marketnews – Melbourne’s oldest, most extensive Top End Property Blog
See, you have been up to date with AI (Auction Intelligence) since the turn of the millennium.
And now, over winter, we are rolling out our ChatGPT Chatbot. Powered by the insights and expertise from over 20 years of James Market News auction reports and blogs, our chatbot is here to answer all your questions on how to buy and sell well with James Buy Sell.
We are bringing AI tech to add to our 20+ years of buy-sell experience and ethics to Melbourne’s Top End market; from Toorak to Malvern East, from South Yarra to Armadale.
I’m Mal James, and I bring to this platform my extensive experience in real estate, with over 20 years and 1000 buys and sells at the top end. Complemented by a Masters in Blockchain from RMIT, my studies have covered the latest advancements in technology, including AI, machine learning, and smart contracts, all of which are integrated into our chatbot to provide you with the most accurate and helpful guidance.
What can AI do to assist clients of James Buy Sell?
Artificial Intelligence (AI) can significantly enhance the efficiency and effectiveness of real estate agents by providing valuable insights and automating various tasks. Here’s how AI can assist buying and selling clients:
- Examining Data at Opens:
- Real-time Analytics
- Sentiment Analysis
- At Auctions:
- Bidder Analysis
- Competitive Analysis
- In Negotiation Scenarios:
Predictive Analytics
Chatbots and Virtual Assistants
- In Valuing:
- Automated Valuation Models (AVMs)
- Comparative Market Analysis (CMA)
- In Home Presentations:
- Virtual Staging
- Personalized Marketing
By leveraging these AI capabilities, we can offer more precise, data-driven advice, enhancing service quality and client satisfaction, which means better deals for buyers and sellers.
Let James Buy Sell assist you in making informed decisions on how to get started in the property market.
Whether you’re a first-time buyer or a seasoned seller James Buy Sell have the experience, the technology, and the ethics to add significant value in supporting your journey every step of the way.
It’s all about a better deal with James Buy Sell
Stay tuned
Mal James and Simone Clarke
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
WHERE DOES OUR AI DATA COME FROM? OPENAI CHAT GPT and MARKETNEWS
WHERE WILL OUR AI DATA COME FROM? WHERE NOBODY ELSE RECORDS!
- Marketnews analysis and insights, on and off markets from a cross section of ALL agencies including price per square metres.
- James Home Buyer Ratings which has recorded what works and what hasn’t over the last 20 years.
- Auction reports with detailed information on quoting, bidding, pre, during and post auction. Ones that sell and ones that don’t
We will take it slowly and results will be limited to start with, as we slowly feed in more and more James Marketnews information.
WE RATE HUNDREDS OF HOME FROM A BUYER PERSPECTIVE FOR CLIENT'S AI
Current Example: 13 Fairview Glen Iris
Auction Report: $7M+ Volcano at 13 Fairview, Glen Iris — Masterfully handled by the Tomlinson clan of Rae, James, and Hugh from Marshall White, this property was acquired by Gina of GK Buy Sell and myself of James Buy Sell on behalf of our clients last night in a four-bidder volcano auction.
We considered the quote conservative yet understandable given the current market, emphasizing the 3Ps: persistence, patience, and price respect or revision, with an initial range of approximately $5.9m to $6.5m.
Our clients, R&T, along with Gina and myself, had thoroughly reviewed the property and were aligned in our assessment. This led to two Expression of Interest (EOI) strategy meetings, followed by legal reviews, ratings checks, and pest and building inspections. Subsequently, we presented a $6.5m offer 48 hours ago, five days before the EOI deadline. This offer was initially rejected but initiated further negotiations as anticipated, and two additional offers of $6.6m resulted in the property being placed on the market for a private auction, which was set with five hours’ notice on Friday evening at the property.
After dark, with four parties present—three in person and one via phone—the auction commenced under James Tomlinson’s leadership. Bids were made in increments of $50,000 and $25,000 until our clients secured the property for just over $7m. Although four bidders participated, which was advantageous for the seller, the overall bidding was somewhat subdued. Compared to one and three years ago, when the market was more robust, this property would have fetched significantly more. This underscores our current advice: now is an opportune time to trade up, as more modestly priced homes will sell if priced correctly, and the gap to upscale properties is narrower than it has been recently and might be soon.
James Home Rating Comments
Few would rate this as cutting edge, but many will really like it.
All of us can find fault, and we are no exception, but no one who bids will think of those as they sail past where they hoped, where they wanted, and finally where they felt comfortable buying.
But someone will buy this, and they will have in their head to do this and then that and ……..but gut feel is they won’t, in the end, change much. Well, not if they’re smart, for this home has appeal—not from a showroom or a book or an aloof opinion of greatness—but because it feels good.
And why does it feel good? Because from little child to the boss spouse, there is something to connect to.
Position – well, in our mind, Fairview is THE street in Glen Iris. But you know what? It’s not just in our mind – I remember several years ago being one of nine bidders and losing in a shootout at $9m across the road. Think about that……. yes, bigger land, but nine and $9m….. so, it’s not just Gina and I that rate Fairview….. there is a cohort of others.
That was the other side of the street…….. we like this side a lot better for multiple reasons. The home sits proudly on the street. This would simply not be the same look, sitting down across the asphalt….. it wouldn’t work. Sound ? It’s quieter in the back, on this side, away from the occasional freeway wind noise as you have a building largely shielding you.
To everywhere else from this location – freeway, rail, shops, park, schools….. it’s all good.
Property – Backyard, brilliant!! Three master bedroom opportunities and a way that allows togetherness for young ones and then separation for older children when sleeping. Living spaces – lots of them and study and quiet and loud places. Although the stairs are slightly narrow, they work, and I like the dual ends….. privacy, convenience, and really makes the upper beds a parents’ retreat.
Mal it’s a hotchpotch! Yep, it has that flavour………but some hotchpotches have character and make you feel a whole lot better than bland, bland, and more bland from a reno on a budget or an architect after an award. This reno ages well already…..this home works now and will continue to do in the decades to come.
And to Price…… it’s easy, whatever makes sense it will go for more, and it will do that because of street history, home feel, and the current price indication is designed to attract, not inform. Others will like this home as well and they will continue to like it in any market……this is a great family home.
RECENT AUCTION MARKETS WHICH PROVIDE REAL INFORMATION FOR OUR AI
2024M2 May
Bidderman
0.9
Stock
Average
Clearance
45%
2024M1 Opening
Bidderman
1.3
Stock
Average
Clearance
64%
2023M4 Pre-Xmas
Bidderman
1.5
Stock
Good
Clearance
71%
2023M3 Spring
Bidderman
0.9
Stock
Low
Clearance
45%
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.
