Understand the 3 Markets and Your Price
CANTERBURY, 24 Scott Street SOI: $4,000,000 – $4,300,000
Co-Agents: Richard Winneke & Gina @ James Buy Sell Multi-list.
1 Bidder. Sold within the range after auction. Now onto the buy!
There are Melbourne buyers and sellers, puzzled by the property game right now – and today’s results will not give them any more comfort.
They understand the macro market is falling – but not the variance in results!
One question this week: Why are there 5 bidders on one home at circa $19m (Harcourt sold this week) and no bidders on another @ circa $19m – same area.
Second question this week: why indeed is a $19m home seemingly easier to sell (and harder to buy) than a $3m home right now?
It’s the overall market we hear you say.
That doesn’t hold water, doesn’t really make sense. How can the macro market treat one home one way and another a different way – is it market luck or like a bushfire or something else.
Yes, it is about markets, but not just the one macro (overall) market.
Your buy or sell price is a lot more than the singular macro market you’re reading about.
Here is a very simplistic explanation as to why your price is a lot more than the macro market – it is 3 markets and whilst you have no control over 1 of the markets; the other 2 markets you can directly and positively influence.
Macro markets have moved around 10% on some homes since Spring 2021 – what is the other 90% of your price?
Macro Market say 10%
PLUS
Individual Market – you and the decisions you make around many things including agents, method, ask and a whole lot more – timing, testing, planning, strategy and so on – can vary by say 10%. Yes, maybe a helluva lot more than 10%, but just go with 10% for the sake of this simplification.
PLUS
PPP Micro Market – your property’s fundamentals of Price, Property and Position –A/B/C graders if you like. It’s the 3P’s including Price that determines an A-Grader and that by default must be 100% – 10% – 10% = 80%
That’s right, 80% of your price is not the macro market, not your agent, but what you bought or are trying to buy – the PPP’s market. Therefore, fundamentals are so important in any market and why some homes are still flying and of course, that is before we even look at Capital Growth scenarios (keeping it simple).
In this market there are
- opportunities to sell and buy better
- opportunities to trade up better and downsize smarter,
- opportunities to improve your buy sell changeover dramatically
- opportunities for something special, that in a tearaway market you could not do.
Yes, this market is not for the faint hearted or the head in the sand stickers – it is for those that have a solid plan, hire the right personnel and have or are trying to acquire an A-grader.
More than ever, a great result is NOT about the macro market – it’s about who you engage to work with you and the PPP’s of your buy/sell, if indeed you choose to do so.
Your price variances are about what we call – the stretch factors – and now, more than ever, your good decision elasticity will determine a good result, more so than the macro market cry of: she’ll be right mate.
The Stretch Factor
- If the macro market is pulling your $ down (seller) or giving your $ a leg up (buyer), think about using that knowledge to your advantage.
- The PPP micro market makes up most of your price when selling or buying; know that, remember that and be patient when buying and selling, for the market works in waves but your fundamental PPPs remain the same. Yes, we know buying and selling is stressful and you want it done – but rushing blindly into the old ways (currently largely not working) will leave you stressed for a lot longer……. post the deal.
- The individual market is still the market you have the most influence over – there are huge variances in this week’s results. You can make your own luck…. good or bad!
If you are losing 10% on the macro market slump, then know you may be able to make it up on your individual market – that means a meaningful plan, good personnel – all actioned accordingly. The reverse for buyers…… drive home any advantage you may have, if you get lucky and can find and unsupported A-Grader with a poor agent.
Sellers: If you think it’s always a 3-week auction with one agent – well think again about multi-list, off-market, 4-month campaign, not 4 weeks or not sell for a few years and so on.
Buyers: If you think your only choice is a 3 week compete at auction on A-graders – well think again about off-markets and option B and a buyer agent.
What is it about speed, about not exploring options, about not changing direction that seems so fixed, in so many minds, when it is so obviously not working?
And to finish, if you think this is all baloney then maybe you think that the Cats are the same as the Roos; that the Hawks in 2008 – 2016 were just extra-ordinarily lucky and everybody else was not, or that anybody could have done what The Fly has done in 2022.
If you think that, then we or others who are successful in this game, cannot help you.
See you after the footy GF and Go Pies, Go Fly, Go Jordy, Go Daics, Go Pendles and the absolute best, Go Jamie!
1. MACRO MARKET
SPRING 2021 M3
2.5
LOW
90%
MAY 2022 M2
1.4
LOW
68%
SPRING 2022 M3
1.3
LOW
62%
AUGUST 27
1.2
LOW
55%
SEP 3
1.7
LOW
76%
SEP 10
1.1
LOW
56%
2. MICRO MARKETS - POSITION
BAYSIDE PORT PHILLIP
1.0
LOW
57%
BOROONDARA
1.7
LOW
64%
STONNINGTON
1.2
LOW
67%
MICRO MARKETS PROPERTY
MICRO MARKETS PRICE
3. INDIVIDUAL MARKETS
| Suburb | Address | SOI | Result | Passed in ($) | Sold Price | Bidders | Agency |
| CAMBERWELL | 11 Holyrood Street | $2,500,000 – $2,700,000 | After Auction | $2,575,000 | $undisc | 1 | Jellis Craig |
| CANTERBURY | 12 Chaucer Crescent | $5,250,000 – $5,750,000 | After Auction | $5,100,000 | $undisc | 1 | Jellis Craig |
| HAWTHORN | 1 Wattle Road | $3,400,000 – $3,700,000 | After Auction | $3,400,000 | $undisc | 1 | Anton Zhouk |
| HAWTHORN EAST | 45 Rathmines Road | $3,500,000 – $3,800,000 | After Auction | $3,740,000 | $undisc | 2 | Anton Zhouk |
| HAWTHORN EAST | 1 Hastings Road | $3,000,000 – $3,300,000 | After Auction | $3,100,000 | $undisc | 3 | Marshall White |
| HAWTHORN EAST | 20 Invermay Grove | $3,300,000 – $3,400,000 | After Auction | $3,250,000 | $undisc | 1 | Kay & Burton |
| KEW | 4 Sylvan Court | $3,300,000 – $3,600,000 | After Auction | $3,500,000 | $undisc | 2 | Marshall White |
| KEW | 3 Alfred Street | $3,100,000 – $3,400,000 | After Auction | $3,375,000 | $undisc | 2 | Marshall White |
| SURREY HILLS | 4 Albert Street | $2,750,000 – $2,950,000 | After Auction | $2,760,000 | $undisc | 1 | Jellis Craig |
| ALBERT PARK | 27 Greig Street | $3,300,000 – $3,500,000 | After Auction | $3,380,000 | $3,460,000 | 2 | Marshall White |
| ALBERT PARK | 70 Moubray Street | $2,200,000 – $2,400,000 | After Auction | $2,370,000 | $undisc | 2 | Marshall White |
| BALACLAVA | 8 Nightingale Street | $2,500,000 – $2,750,000 | After Auction | $2,625,000 | $undisc | 1 | Jellis Craig |
| BRIGHTON EAST | 115 Union Street | $2,700,000 – $2,850,000 | After Auction | $3,180,000 | $undisc | 3 | Marshall White |
| BRIGHTON EAST | 184 Dendy Street | $2,450,000 – $2,650,000 | After Auction | $2,460,000 | $undisc | 1 | Marshall White |
| MIDDLE PARK | 269 Richardson Street | $2,400,000 – $2,600,000 | After Auction | $2,520,000 | $2,750,000 | 1 | Jellis Craig |
| SANDRINGHAM | 5 Fernhill Road | $3,200,000 – $3,400,000 | After Auction | $3,220,000 | $undisc | 1 | Marshall White |
| ST KILDA WEST | 19 Park Lane | $2,350,000 – $2,550,000 | After Auction | $2,510,000 | $2,610,000 | 2 | Marshall White |
| ARMADALE | 7 Llaneast Street | $2,000,000 – $2,100,000 | After Auction | $2,020,000 | $2,150,000 | 1 | Jellis Craig |
| GLEN IRIS | 37 Dorrington Avenue | $3,600,000 – $3,900,000 | After Auction | $3,600,000 | $undisc | 1 | Marshall White |
| MALVERN | 2C Thanet Street | $2,000,000 – $2,200,000 | After Auction | $1,970,000 | $undisc | 1 | Marshall White |
| MALVERN | 35 Ewart Street | $3,950,000 – $4,000,000 | After Auction | $4,150,000 | $undisc | 2 | Jellis Craig |
| MALVERN EAST | 40 Albert Street | $2,400,000 – $2,600,000 | After Auction | $2,425,000 | 1 | Marshall White | |
| MALVERN EAST | 35 Summerhill Avenue | $3,750,000 – $4,000,000 | After Auction | $3,770,000 | $undisc | 1 | Marshall White |
| MALVERN EAST | 76 Kerferd Street | $2,600,000 – $2,700,000 | After Auction | $2,700,000 | $2,715,000 | 2 | Fitch Partners |
| MALVERN EAST | 19 Kardella Street | $3,800,000 – $4,100,000 | After Auction | $4,000,000 | $undisc | 1 | Jellis Craig |
| KEW | 35 Campbell Street | $2,600,000 – $2,800,000 | Before Auction | $undisc | 1 | Nelson Alexander | |
| BRIGHTON | 28 Head Street | $4,000,000 – $4,400,000 | Before Auction | $undisc | 1 | James Paynter | |
| BRIGHTON EAST | 6 Curzon Street | $2,100,000 – $2,250,000 | Before Auction | $2,290,000 | 1 | Jellis Craig | |
| BRIGHTON EAST | 4 Lansdown Street | $2,000,000 – $2,200,000 | Before Auction | $undisc | 1 | WHITEFOX | |
| BRIGHTON EAST | 3 Tregenna Court | $2,200,000 – $2,350,000 | Before Auction | $undisc | 1 | Marshall White | |
| HAMPTON | 19 The Avenue | $5,000,000 – $5,500,000 | Before Auction | $undisc | 1 | Nick Johnstone | |
| HAWTHORN EAST | 9 Leura Grove | $4,400,000 – $4,800,000 | Before Auction | $undisc | 1 | Jellis Craig | |
| KEW | 13 Mountain Grove | $5,400,000 – $5,800,000 | Before Auction | $undisc | 1 | Kay & Burton | |
| BRIGHTON EAST | 30 Letchworth Avenue | $3,000,000 – $3,300,000 | Before Auction | $undisc | 1 | James Paynter | |
| ARMADALE | 14 Mount Pleasant Grove | $2,900,000 – $3,100,000 | Before Auction | $undisc | 1 | Jellis Craig | |
| SANDRINGHAM | 43 Grange Road | $2,350,000 – $2,450,000 | Before Auction | $undisc | 1 | Hodges | |
| ARMADALE | 11 Union Street | Before Auction | $undisc | 1 | RT Edgar | ||
| CAMBERWELL | 8 Radnor Street | $2,500,000 – $2,750,000 | Under Hammer | $2,745,000 | 2 | Jellis Craig | |
| CAMBERWELL | 62 Athelstan Road | $2,500,000 – $2,750,000 | Under Hammer | $2,880,000 | 4 | Marshall White | |
| CAMBERWELL | 17 Finsbury Way | $3,800,000 – $4,000,000 | Under Hammer | $4,325,000 | 2 | Jellis Craig | |
| CANTERBURY | 25 Maysia Street | $3,000,000 – $3,300,000 | Under Hammer | $3,500,000 | 3 | Nelson Alexander | |
| GLEN IRIS | 30 Howard Street | $4,300,000 – $4,700,000 | Under Hammer | $4,715,000 | 4 | Marshall White | |
| GLEN IRIS | 38 Flowerdale Road | $2,600,000 – $2,800,000 | Under Hammer | $3,060,000 | 3 | Marshall White | |
| GLEN IRIS | 10 Morell Street | $3,900,000 – $4,200,000 | Under Hammer | $4,660,000 | 2 | Marshall White | |
| GLEN IRIS | 19 Montana Street | $3,000,000 – $3,300,000 | Under Hammer | $3,850,000 | 2 | Shelter | |
| HAWTHORN | 31 Mary Street | $3,300,000 – $3,600,000 | Under Hammer | $4,010,000 | 5 | Marshall White | |
| HAWTHORN EAST | 8 Stanley Avenue | $2,500,000 – $2,750,000 | Under Hammer | $2,770,000 | 3 | Jellis Craig | |
| KEW | 56 Gladstone Street | $2,600,000 – $2,800,000 | Under Hammer | $3,174,000 | 3 | Jellis Craig | |
| KEW | 8 Rockingham Close | $3,300,000 – $3,600,000 | Under Hammer | $5,100,000 | 4 | Kay & Burton | |
| KEW | 62 Argyle Road | $3,000,000 – $3,300,000 | Under Hammer | $3,710,000 | 3 | Kay & Burton | |
| SURREY HILLS | 40 Suffolk Road | $3,250,000 – $3,575,000 | Under Hammer | $3,650,000 | 2 | Jellis Craig | |
| SURREY HILLS | 31 Wandsworth Road | $3,600,000 – $3,900,000 | Under Hammer | $4,650,000 | 4 | Fletchers | |
| ALBERT PARK | 22 Madden Street | $2,650,000 – $2,900,000 | Under Hammer | $3,275,000 | 3 | Marshall White | |
| ALBERT PARK | 100 Page Street | $2,400,000 – $2,640,000 | Under Hammer | $2,640,000 | 3 | Cayzer | |
| BEAUMARIS | 25 Haldane Street | $3,000,000 – $3,300,000 | Under Hammer | $3,505,000 | 3 | Hodges | |
| BRIGHTON | 13 Manor Street | $2,700,000 – $2,800,000 | Under Hammer | $2,750,000 | 2 | Nick Johnstone | |
| BRIGHTON | 51 Whyte Street | $2,950,000 – $3,245,000 | Under Hammer | $3,390,000 | 2 | Buxton | |
| BRIGHTON EAST | 4 Plunket Street | $3,750,000 – $3,850,000 | Under Hammer | $4,335,000 | 3 | Nick Johnstone | |
| ARMADALE | 393 Dandenong Road | $2,050,000 – $2,250,000 | Under Hammer | $2,380,000 | 3 | Marshall White | |
| MALVERN | 4-6 Robinson Street | $4,000,000 – $4,400,000 | Under Hammer | $4,580,000 | 3 | Marshall White | |
| MALVERN EAST | 6 Brunel Street | $1,900,000 -$2,090,000 | Under Hammer | $2,215,000 | 2 | Marshall White | |
| SOUTH YARRA | 41 Motherwell Street | $2,850,000 – $3,100,000 | Under Hammer | $4,040,000 | 5 | Marshall White | |
| HAWTHORN | 2 Paterson Street | $2,200,000 – $2,400,000 | Withdrawn/change method | 0 | Jellis Craig | ||
| CAMBERWELL | 32 Nevis Street | $3,700,000 – $4,000,000 | Withdrawn/change method | 0 | Kay & Burton | ||
| BRIGHTON EAST | 8A Lucas Street | – | Withdrawn/change method | 0 | Nick Johnstone | ||
| HAMPTON | 16A Banks Avenue | $2,4000,000 – $2,650,000 | Withdrawn/change method | 0 | Buxton | ||
| TOORAK | 2 Glenbervie Road | $12,500,000 | Withdrawn/change method | 0 | Marshall White | ||
| CAMBERWELL | 9 Fairfield Avenue | $4,000,000 – $4,300,000 | Passed In | $4,200,000 | 1 | Belle Property | |
| CAMBERWELL | 25 Green Street | $2,600,000 – $2,800,000 | Passed In | $2,740,000 | 2 | Marshall White | |
| CAMBERWELL | 51 Lansell Crescent | $2,280,000 – $2,400,000 | Passed in | $2,210,000 | 0 | Jellis Craig | |
| CAMBERWELL | 52 Cooloongatta Road | $2,000,000 – $2,200,000 | Passed in | $2,000,000 | 0 | Ray White | |
| CAMBERWELL | 31 Orrong Crescent | $3,300,000 – $3,600,000 | Passed in | $3,400,000 | 0 | Marshall White | |
| CANTERBURY | 78 Wattle Valley Road | $2,900,000 – $3,190,000 | Passed In | $2,905,000 | 1 | Jellis Craig | |
| CANTERBURY | 4 Willandra Avenue | $4,500,000 – $4,950,000 | Passed in | $4,500,000 | 0 | Marshall White | |
| DEEPDENE | 7 Crest Avenue | $2,700,000 – $2,900,000 | Passed In | $2,750,000 | 0 | RT Edgar | |
| HAWTHORN | 4 Berkeley Street | $4,700,000 – $5,100,000 | Passed in | $4,700,000 | 0 | Marshall White | |
| HAWTHORN | 3 Randolph Street | $2,275,000 – $2,500,000 | Passed in | $2,150,000 | 0 | Jellis Craig | |
| KEW | 21 Findon Crescent | $3,000,000 – $3,300,000 | Passed in | $3,100,000 | 1 | Jellis Craig | |
| SURREY HILLS | 3 Mathilde Road | $2,400,000 – $2,600,000 | Passed In | $2,450,000 | 0 | Jellis Craig | |
| SURREY HILLS | 26B Chestnut Street | $2,200,000 – $2,400,000 | Passed in | $2,330,000 | 3 | Marshall White | |
| ALBERT PARK | 28 Ashworth Street | $2,500,000 – $2,700,000 | Passed In | $2,600,000 | 0 | WHITEFOX | |
| ALBERT PARK | 3 Hambleton Street | $2,800,000 – $2,900,000 | Passed in | $2,800,000 | 0 | Greg Hocking | |
| BRIGHTON | 10 Bleazby Avenue | $4,200,000 – $4,500,000 | Passed In | $4,300,000 | 0 | Fredman | |
| BRIGHTON | 31 Campbell Street | $4,500,000 – $4,850,000 | Passed in | $4,500,000 | 0 | Hodges | |
| BRIGHTON | 96 Asling Street | $3,300,000 – $3,630,000 | Passed in | $3,200,000 | 0 | Follett & Co | |
| BRIGHTON EAST | 59 Comer Street | $2,900,000 – $3,100,000 | Passed in | $2,700,000 | 0 | Buxton | |
| ELSTERNWICK | 48 Downshire Road | $2,950,000 – $3,245,000 | Passed in | $2,950,000 | 0 | Gary Peer | |
| ELWOOD | 48 Goldsmith Street | $3,700,000 – $3,900,000 | Passed In | $3,800,000 | 0 | WHITEFOX | |
| ELWOOD | 90 Addison Street | $5,800,000 – $6,100,000 | Passed in | $5,800,000 | 0 | Chisholm & Gamon | |
| HAMPTON | 2C Gillies Street | $2,200,000 – $2,400,000 | Passed In | $2,310,000 | 1 | Marshall White | |
| HAMPTON | 68 Sargood Street | $2,800,000 – $3,000,000 | Passed in | $2,750,000 | 0 | Hodges | |
| HAMPTON EAST | 47 Lonsdale Avenue | $3,000,000 – $3,300,000 | Passed in | $3,000,000 | 0 | Marshall White | |
| SANDRINGHAM | 19 Norwood Street | $2,700,000 – $2,850,000 | Passed In | $2,700,000 | 0 | Hodges | |
| ST KILDA | 5 Dalgety Street | $4,000,000 – $4,400,000 | Passed in | $4,000,000 | 0 | Marshall White | |
| MALVERN | 98 Stanhope Street | $3,100,000 – $3,400,000 | Passed In | $3,250,000 | 0 | Jellis Craig | |
| MALVERN | 5a Lysterville Avenue | $2,000,000 – $2,200,000 | Passed In | $2,100,000 | 0 | Jellis Craig | |
| MALVERN | 11 Fraser Street | $3,850,000 – $4,200,000 | Passed in | $3,950,000 | 0 | Jellis Craig | |
| MALVERN EAST | 429 Wattletree Road | $3,200,000 – $3,500,000 | Passed in | $3,400,000 | 0 | Marshall White | |
| SOUTH YARRA | 35 Leopold Street | $3,200,000 – $3,500,000 | Passed in | $3,200,000 | 0 | Kay & Burton | |
| TOORAK | 21 Evans Court | $5,500,000 – $5,900,000 | Passed in | $5,500,000 | 0 | Belle Property | |
| bidderman | 1.33 | ||||||
| clearance rate | 62% |
Buy Sell
Why choose one agent, when with multi-list you can have them all
Buy Sell
In this market why rule out options with one exclusive agency
Bayside & Port Phillip Live!
by Gina Kantzas and Mal James
Albert Park Brighton Brighton East Elsternwick Elwood Hampton Middle Park
ST KILDA, 5 Dalgety Street SOI: $4,000,000 – $4,400,000
Crowd: 35
Opening Bid: $4,000,000 Passed in: $4,000,000
Bidders: 0 Photo: Kathy
SANDRINGHAM, 43 Grange Road
SOI: $2,350,000 – $2,450,000
Sales Agent: Stephen Wigley – Hodges
Before Auction: $2,537,000 Undisclosed
Bidders: 1
BRIGHTON EAST – withdrawn/method change
MIDDLE PARK, 269 Richardson Street
SOI: $2,400,000 – $2,600,000
Sales Agent: Simon Gowling – Jellis Craig
Crowd: 50
Opening Bid: $2,500,000
Passed in: $2,520,000
After Auction: $2,750,000
Bidders: 1
One couple joined the auction for a $20,000 rise before the home was passed in. Sold shortly after for $2,750,000.
SANDRINGHAM, 5 Fernhill Road
SOI: $3,200,000 – $3,400,000
Sales Agent: Robin Parker – Marshall White
Crowd: 41
Opening Bid: $3,200,000 VB
Passed in: $3,220,000
After Auction: $undisc
Bidders: 1
As it started to rain, there was one bid however the home was passed in at $3,220,000.
BALACLAVA, 8 Nightingale Street
SOI: $2,500,000 – $2,750,000
Sales Agent: Sam Hobbs – Jellis Craig
Crowd: 38
Opening Bid: $2,600,000 VB
Passed in: $2,625,000
After Auction: $undisc
Bidders: 1
After opening with a vendor bid, Auctioneer Warwick Gardiner passed the property in to the sole bidder. Negotiations moved inside. Sold shortly after
ALBERT PARK, 27 Greig Street
SOI: $3,300,000 – $3,500,000
Sales Agent: Oliver Bruce – Marshall White
Crowd: 100
Opening Bid: $3,300,000 VB
Passed in: $3,380,000
After Auction: $3,460,000
Bidders: 2
Bidding opened with a vendor bid of $3,300,000 and two men participated taking the bidding to $3,380,000. The home was passed in but sold afterwards for $3,460,000.
BRIGHTON EAST, 59 Comer Street
SOI: $2,900,000 – $3,100,000
Sales Agent: Stefan Whiting – Buxton
Crowd: 20
Opening Bid: $2,700,000 VB
Passed in: $2,700,000 VB
Bidders: 0
An opening vendor bid of 2.7M was followed by no further bids, resulting in the property being passed in.
BRIGHTON, 31 Campbell Street
SOI: $4,500,000 – $4,850,000
Sales Agent: Jason Gill – Hodges
Crowd: 30
Opening Bid: $4,500,000 VB
Passed in: $4,500,000
Bidders: 0
Auctioneer Jason Gill shared the rich history of the home as he called for an opening bid. As the sun started to come out the crowd was reserved. With no bids the home was passed in at $4,500,000.
ST KILDA, 5 Dalgety Street
SOI: $4,000,000 – $4,400,000
Sales Agent: Kaine Lanyon – Marshall White
Crowd: 35
Opening Bid: $4,000,000
Passed in: $4,000,000
Bidders: 0
The home passed in on a single vendor bid
ELWOOD, 90 Addison Street
SOI: $5,800,000 – $6,100,000
Sales Agent: Torsten Kasper – Chisholm & Gamon
Crowd: 52
Opening Bid: $5,750,000 VB
Passed in: $5,800,000 VB
Bidders: 0
The scattered quiet crowd placed no bids this afternoon. Auctioneer, Torsten Kasper, opened and closed the bidding on a vendor bid.
ELSTERNWICK, 48 Downshire Road
SOI: $2,950,000 – $3,245,000
Sales Agent: Joel Ser – Garry Peer
Crowd: 40
Opening Bid: $2,950,000 VB
Passed in: $2,950,000 VB
Bidders: 0
Auctioneer Philip Kingston asked the crowd who would like to start the bidding. A child on top his dads shoulders raised his hand and the crowd laughed. The property passed in on a vendor bid.
ALBERT PARK, 70 Moubray Street
SOI: $ 2,200,000 – $2,400,000
Sales Agent: Kaine Lanyon – Marshall White
Crowd: 80
Opening Bid: $2,200,000 VB
Passed in: $2,370,000
After Auction: $undisc
Bidders: 2
Opening with a vendor bid of $2,200,000 two bidders reluctantly pressed the levers to raise the price to $2,370,000. It wasn’t enough for a sale, but the highest bidder was swept inside for further negotiations.
BRIGHTON, 13 Manor Street
SOI: $2,700,000 – $2,800,000
Sales Agent: Nick Johnstone – Nick Johnstone
Crowd: 40
Opening Bid: $2,700,000
On the Market: $2,750,000
Under the Hammer: $2,750,000
Bidders: 2
BRIGHTON, 51 Whyte Street
SOI: $2,950,000 – $3,245,000
Sales Agent: Halli Moore – Buxton
Crowd: 55
Opening Bid: $3,000,000
On the Market: $3,375,000
Under the Hammer: $3,390,000
Bidders: 2
A fast paced auction with a quick audience opening bid of $3,000,000. 2 bidders entered a bidding battle as auctioneer Halli Moore encouraged higher increases. The home was sold under the hammer at $3,390,000.
HAMPTON, 68 Sargood Street
SOI: $2,800,000 – $3,000,000
Sales Agent: Michael Cooney – Hodges
Crowd: 30
Opening Bid: $2,7000,000 VB
Passed in: $2,750,000 VB
Bidders: 0
BRIGHTON, 96 Asling Street
SOI: $3,300,000 – $3,630,000
Sales Agent: Justin Follett – Follett & Co
Crowd: 20
Opening Bid: $3,200,000 VB
Passed in: $3,200,000 VB
Bidders: 0
HAMPTON – Withdrawn/Changed Method
BRIGHTON EAST, 30 Letchworth Avenue
SOI: $3,000,000 – $3,300,000
Sales Agent: James Paynter – James Paytner Real Estate
Before Auction: $undisc
Bidders: 1
HAMPTON EAST, 47 Lonsdale Avenue
SOI: $3,000,000 – $3,300,000
Sales Agent: Matthew Pillios – Marshall White
Crowd: 35
Opening Bid: $3,000,000 VB
Passed in: $3,000,000
Bidders: 0
No bids from the quiet crowd in Lonsdale St this morning.
ALBERT PARK, 22 Madden Street
SOI: $2,650,000 – $2,900,000
Sales Agent: Oliver Bruce – Marshall White
Crowd: 80
Opening Bid: $2,800,000 VB
On the Market: $3,090,000
Under the Hammer: $3,275,000
Bidders: 3
3 bidders fought it out in front of a large crowd before the home was knocked down to Bidder 3.
ST KILDA WEST, 19 Park Lane
SOI: $2,350,000 – $2,550,000
Sales Agent: Sarah Wood – Marshall White
Crowd: 25
Opening Bid: $2,350,000 VB
Passed in: $2,510,000
After Auction: $2,610,000
Bidders: 2
After a quiet start, two bidders stepped forward. The property passed in and later sold to the first bidder.
BEAUMARIS, 25 Haldane Street
SOI: $3,000,000 – $3,300,000
Sales Agent: Michael Cooney – Hodges
Crowd: 50
Opening Bid: $3,200,000
On the Market: $3,460,000
Under the Hammer: $3,505,000
Bidders: 3
Bidder 1 was in it to win it, opening the bidding $3,200,000 and beating 2 other bidders before the home was knocked down at $3,505,000
BRIGHTON EAST, 184 Dendy Street
SOI: $2,450,000 – $2,650,000
Sales Agent: Barb Gregory – Marshall White
Crowd: 34
Opening Bid: $2,450,000
Passed in: $2,460,000
After Auction: $undisc
Bidders: 1
Even the sunshine couldn’t bring out the buyers today. After an opening vendor bid only one crowd member put up their hand before the property was passed in.
ALBERT PARK, 3 Hambleton Street
SOI: $2,800,000 – $2,900,000
Sales Agent: Simon Gowling – Jellis Craig
Crowd: 44
Opening Bid: $2,800,000 VB
Passed in: $2,800,000 VB
Bidders: 0
Arms stayed folded in Hambleton Street this afternoon. The property opened and passed in on the vendor bid of $2,800,000.
ALBERT PARK, 100 Page Street
SOI: $2,400,000 – $2,640,000
Sales Agent: Simon Carruthers – Cayzer
Crowd: 40
Opening Bid: $2,400,000
On the Market: $2,605,000
Under the Hammer: $2,640,000
Bidders: 3
Two bidders swiftly brought the property onto the market. After a short break, Bidder three swooped in at the end to take the prize. Sold under the hammer at the top of the quote range.
Brighton, 28 Head Street
SOI: $4,000,000 – $4,400,000
Sales Agent: James Paynter – James Paynter Real Estate
Before Auction: $undisc
Bidders: 1
Brighton East, 6 Curzon Street
SOI: $2,100,000 – $2,250,000
Sales Agent: Killiana Jabs – Jellis Craig
Before Auction: $2,290,000
Bidders: 1
Brighton East, 4 Lansdown Street
SOI: $2,000,000 – $2,200,000
Sales Agent: Callum Richardson – Whitefox
Before Auction: $undisc
Bidders: 1
Brighton East, 3 Tregenna Court
SOI: $2,200,000 – $2,350,000
Sales Agent: Matthew Pillios – Marshall White
Before Auction: $undisc
Bidders: 1
Hampton, 19 The Avenue
SOI: $5,000,000 – $5,500,000
Sales Agent: Sarah Kotbel – Nick Johnstone Real Estate
Before Auction: $undisc
Bidders: 1
Elwood, 48 Goldsmith Street
SOI: $3,700,000 – $3,900,000
Sales Agent: Lana Samuels – Whitefox
Crowd: 45
Opening Bid: $3,800,000 VB
Passed in: $3,800,000 VB
Bidders: 0
Vendor opening bid at $3.8m with hesitation amongst the crowd the property was passed in at $3.8m.
Brighton East, 115 Union Street
SOI: $2,700,000 – $2,850,000
Sales Agent: Kate Strickland – Marshall White
Crowd: 70
Opening Bid: $2,700,000 VB
Passed in: $3,180,000
After Auction: $undisc
Bidders: 3
Three bidders fought grimly for the keys. Bidding opened at $2,700,000 on a vendor bid but the three bidders pushed the price to $3,180,000 where the home passed in. Sold shortly afterwards, price undisclosed
Brighton East, 4 Plunket Street
SOI: $3,750,000 – $3,850,000
Sales Agent: Sarah Korbel – Nick Johnstone Real Estate
Crowd: 50
Opening Bid: $3,750,000
On the Market: $4,025,000
Under the Hammer: $4,335,000
Bidders: 3
The auction commenced with an opening bid of $3,750,000. With bids flying back and forth between bidders, it was officially declared on the market at $4,025,000 and later sold to the highest of 3 bidders at $4,335,000.
Brighton, 10 Bleazby Avenue
SOI: $4,200,000 – $4,500,000
Sales Agent: Joel Fredman – Fredman
Crowd: 25
Opening Bid: $4,200,000 VB
Passed in: $4,300,000 VB
Bidders: 0
The property was passed in following 2 vendor bids
Sandringham, 19 Norwood Street
SOI: $2,700,000 – $2,850,000
Sales Agent: Angus Graham – Hodges
Crowd: 20
Opening Bid: $2,700,000
Passed in: $2,700,000
Bidders: 0
The crowd seemed happy to watch and enjoy the lovely sunshine but no bids were offered and the home opened and closed with a vendor bid of $2,700,000
Albert Park, 28 Ashburton Street
SOI: $2,500,000 – $2,700,000
Sales Agent: Callum Richardson – Whitefox
Crowd: 25
Opening Bid: $2,600,000 VB
Passed in: $2,600,000 VB
Bidders: 0
Small crowd consisting of locals and couples. Vendor bid started at $2.6m with no bidders, the property was passed in at $2.6m
Hampton, 2C Gillies Street
SOI: $2,200,000 – $2,400,000
Sales Agent: Robin Parker
Crowd: 80
Opening Bid: $2,300,000 VB
Multi-List Off-Market
Brighton
Golden Mile
1311 sqm
Joel 0413 487 837
Simone 0419 542 978
Matt 0408 145 982
Multi-List Off-Market
Elsternwick
St Georges Precinct
462 sqm
Bill 0418 327 622
Michael 0425 790 233
Simone 0419 542 978
Also along the Bay with James Buy Sell
Boroondara Live!
by Gina Kantzas and Mal James
Camberwell Canterbury Glen Iris Hawthorn Hawthorn East Kew
CAMBERWELL, 17 Finsbury Way SOI: $3,800,000 – $4,000,000
Sales Agent: Mike Beardsley – Jellis Craig Crowd: 120
Open: $3,800,000 VB On Market: $4,300,000 Hammer: $4,325,000
Bidders: 2 Photo: Kieran
HAWTHORN – withdrawn/method change
GLEN IRIS, 38 Flowerdale Road
SOI: $2,600,000 – $2,800,000
Sales Agent: Ash Howarth – Marshall White
Crowd: 60
Opening Bid: $2,600,000
On the Market: $2,905,000
Under the Hammer: $3,060,000
Bidders: 3
After a quick start and a vendor referral, a third bidder brought the property on the market, to then be sold under the hammer to a stoic Bidder 1.
HAWTHORN EAST, 20 Invermay Grove
SOI: $3,300,000 – $3,400,000
Sales Agent: Rebecca Edwards – Kay & Burton
Crowd: 56
Opening Bid: $3,200,000 VB
Passed in: $3,250,000
After Auction: $undisc
Bidders: 1
Neighbours talked footy and local gossip as they watched a single bidder raise the opening vendor bid.
HAWTHORN, 3 Randolph Street
SOI: $2,275,000 – $2,500,000
Sales Agent: Peter Vigano – Jellis Craig
Crowd: 30
Opening Bid: $2,100,000 VB
Passed in: $2,150,000 VB
Bidders: 0
A lack of bidding activity saw this property open, and pass in, on vendor bids, the final of which was $2,150,000.
CAMBERWELL, 62 Athelstan Road
SOI: $2,500,000 – $2,750,000
Sales Agent: Desiree Wakim – Marshall White
Crowd: 40
Opening Bid: $2,500,000 VB
On the Market: $2,815,000
Under the Hammer: $2,880,000
Bidders: 4
3 bidders initially fought it out in bids of $20k & $10k, with a last minute 4th bidder joining in just before the contract hit Auctioneer Dave Oster’s hand. After some further bidding the property was sold under the hammer to bidder 3.
CAMBERWELL, 31 Orrong Crescent
SOI: $3,300,000 – $3,600,000
Sales Agent: James Tostevin – Marshall White
Crowd: 60
Opening Bid: $3,400,000 VB
Passed in: $3,400,000 VB
Bidders: 0
The initial vendor bid was not advanced and the property was passed in.
SURREY HILLS, 31 Wandsworth Road
SOI: $3,600,000 – $3,900,000
Sales Agent: Daiman Kane – Fletchers
Crowd: 110
Opening Bid: $3,600,000 VB
On the Market: $4,400,000
Under the Hammer: $4,650,000
Bidders: 4
Initial bidders were gazumped by two determined couples who bid rapidly back and forth, taking the property quickly to the reserve and beyond.
KEW, 21 Findon Crescent
SOI: $3,000,000 – $3,300,000
Sales Agent: Nick O’Halloran – Jellis Craig
Crowd: 50
Opening Bid: $3,000,000 VB
Passed in: $3,100,000 VB
Bidders: 1
Despite the sizeable crowd, only one bidder spoke up here; three vendor bids did not encourage further activity so the house was passed in on a $3,100,000 vendor bid.
GLEN IRIS, 10 Morell Street
SOI: $3,900,000 – $4,200,000
Sales Agent: Ash Howarth – Marshall White
Crowd: 40
Opening Bid: $3,900,000 VB
On the Market: $4,500,000
Under the Hammer: $4,660,000
Bidders: 2
Auctioneer Daniel Wheeler opened with a vendor bid, but from then on it was a fast paced auction with mostly $100k bids between 2 bidders. It was announced on the market and sold shortly after.
CANTERBURY, 12 Chaucer Crescent
SOI: $5,250,000 – $5,750,000
Sales Agent: Peter Vigano – Jellis Craig
Crowd: 30
Opening Bid: $5,100,000
Passed in: $5,100,000
After Auction: $undisc
Bidders: 1
A bidder opened quickly at $5,100,000, however the mild-mannered crowd did not present a competitor. Passed in on a single bid.
CAMBERWELL, 17 Finsbury Way
SOI: $3,800,000 – $4,000,000
Sales Agent: Mike Beardsley – Jellis Craig
Crowd: 120
Opening Bid: $3,800,000 VB
On the Market: $4,300,000
Under the Hammer: $4,325,000
Bidders: 2
GLEN IRIS, 19 Montana Street
SOI: $3,000,000 – $3,300,000
Sales Agent: Lidiya Davoli – Shelter
Crowd: 100
Opening Bid: $3,000,000 VB
On the Market: $3,300,000
Under the Hammer: $3,850,000
Bidders: 2
SURREY HILLS, 26B Chestnut Street
SOI: $2,200,000 – $2,400,000
Sales Agent: James Tostevin – Marshall White
Crowd: 50
Opening Bid: $2,200,000 VB
Passed in: $2,330,000
Bidders: 3
Bidding from three parties wasn’t enough to get the auction of this property over the line, so it was passed in at $2,330,000.
KEW, 4 Sylvan Court
SOI: $3,300,000 – $3,600,000
Sales Agent: Chris Barrett – Marshall White
Crowd: 40
Opening Bid: $3,400,000 VB
Passed in: $3,500,000
After Auction: $undisc
Bidders: 2
KEW, 3 Alfred Street
SOI: $3,100,000 – $3,400,000
Sales Agent: James Tostevin – Marshall White
Crowd: 40
Opening Bid: $3,250,000 VB
Passed in: $3,375,000
After Auction: $undisc
Bidders: 2
Some interest with two bidders making a start before one soon called it a day leaving a negotiation situation after the pass in.
CAMBERWELL, 52 Cooloongatta Road
SOI: $2,000,000 – $2,200,000
Sales Agent: Belinda Van Suylen – Ray White
Crowd: 25
Opening Bid: $2,000,000 VB
Passed in: $2,000,000 VB
Bidders: 0
Small crowd gathered out the front of the home, only vendor bids were made and the property passed in.
KEW, 13 Mountain Grove
SOI: $5,400,000 – $5,800,000
Sales Agent: Judy Balloch – Kay & Burton
Before Auction: $undisc
Bidders: 1
HAWTHORN EAST, 9 Leura Grove
SOI: $4,400,000 – $4,800,000
Sales Agent: Michael Armstrong – Kay & Burton
Before Auction: $undisc
Bidders: 1
GLEN IRIS, 30 Howard Street
SOI: $4,300,000 – $4,700,000
Sales Agent: Jason Brinkworth – Marshall White
Crowd: 110
Opening Bid: $4,300,000 VB
On the Market: $4,700,000
Under the Hammer: $4,715,000
Bidders: 4
Non-stop action with plenty of watchers-on. 4 bidders and two vendor referrals, bought under the hammer with a clutch $5,000 bid.
CANTERBURY, 25 Maysia Street
SOI: $3,000,000 – $3,300,000
Sales Agent: Peter Varellas – Nelson Alexander
Crowd: 60
Opening Bid: $3,000,000 VB
On the Market: $3,330,000
Under the Hammer: $3,500,000
Bidders: 3
Large crowd with majority families and international buyers, Vendor opening bid at $3,000,000. Bidding battle between three families before selling under the hammer at $3,500,000.
CANTERBURY, 4 Willandra Avenue
SOI: $4,500,000 – $4,950,000
Sales Agent: Stephen Gough – Marshall White
Crowd: 40
Opening Bid: $4,500,000 VB
Passed in: $4,500,000 VB
Bidders: 0
The opening bid went unanswered and the auction ended on a vendor pass.
HAWTHORN EAST, 45 Rathmines Road
SOI: $3,500,000 – $3,800,000
Sales Agent: Anton Zhouk – Anton Zhouk Real Estate
Crowd: 20
Opening Bid: $3,400,000
Passed in: $3,740,000
After Auction: $undisc
Bidders: 2
The auction commenced with an opening bid of $3,400,000. With the participation of the two bidders, the property was formally passed in at $3,740,000. Sold after.
SURREY HILLS, 40 Suffolk Road
SOI: $3,250,000 – $3,575,000
Sales Agent: Ross Stryker – Jellis Craig
Crowd: 60
Opening Bid: $3,250,000
On the Market: $3,550,000
Under the Hammer: $3,650,000
Bidders: 2
Rapid-fire bids between two parties brought the property on the market, Bidder 1 holding on to the high bid to buy under the hammer.
HAWTHORN EAST, 8 Stanley Avenue
SOI: $2,500,000 – $2,750,000
Sales Agent: Mark Josem – Jellis Craig
Crowd: 55
Opening Bid: $2,500,000
On the Market: $2,660,000
Under the Hammer: $2,770,000
Bidders: 3
Fast pace bidding battle between 3 families, starting off with an opening bid of $2,500,000 from the audience the race was on! Sold under the hammer at $2,770,000.
CAMBERWELL, 8 Radnor Street
SOI: $2,500,000 – $2,750,000
Sales Agent: Mike Beardsley – Jellis Craig
Crowd: 40
Opening Bid: $2,500,000
On the Market: $2,695,000
Under the Hammer: $2,745,000
Bidders: 2
A Vendor Bid of $2,500,000 kick off the auction. Two parties battle it out, eventuating in Bidder 2 claiming victory and purchasing the property for $2,745,000.
CAMBERWELL, 51 Lansell Crescent
SOI: $2,280,000 – $2,400,000
Sales Agent: Chloe Quinn – Jellis Craig
Crowd: 50
Opening Bid: $2,210,000 VB
Passed in: $2,210,000 VB
Bidders: 0
Quiet crowd consisting of couples and neighbours, vendor opening bid of $2,210,000. With no bids the home was passed in at $2,210,000.
HAWTHORN EAST, 1 Hastings Road
SOI: $3,000,000 – $3,300,000
Sales Agent: Desiree Wakim – Marshall White
Crowd: 65
Opening Bid: $3,000,000 VB
Passed in: $3,100,000
After Auction: $undisc
Bidders: 3
A late $10,000 from a third bidder was not enough to shake Bidder 1 from securing the first right to negotiate.
HAWTHORN, 4 Berkeley Street
SOI: $4,700,000 – $5,100,000
Sales Agent: Chris Barrett – Marshall White
Crowd: 30
Opening Bid: $4,700,000 VB
Passed in: $4,7000,000 VB
Bidders: 0
The opening vendor bid, met with silence, resulted in a vendor pass.
Camberwell – Withdrawn/Changed Method
Kew, 35 Campbell Street
SOI: $2,600,000 – $2,800,000
Sales Agent: Mark Verrocchi – Nelson Alexander
Before Auction: $undisc
Bidders: 1
Canterbury, 78 Wattle Valley Road
SOI: $2,900,000 – $3,190,000
Sales Agent: Mark Pezzin – Jellis Craig
Crowd: 15
Opening Bid: $2,900,000 VB
Passed in: $2,905,000
Bidders: 1
One bidder eventually spoke up. However, the sole bid of $2,905,000 wasn’t enough to get the property sold, resulting in a pass-in.
Surrey Hills, 4 Albert Street
SOI: $2,750,000 – $2,950,000
Sales Agent: Geordie Dixon – Jellis Craig
Crowd: 40
Opening Bid: $2,700,000 VB
Passed in: $2,760,000
After Auction: $undisc
Bidders: 1
The auctioneer’s efforts to coax any bid from the quiet crowd eventually succeeded, and the property passed in on the lone $10,000 bid. Sold after auction.
Surrey Hills, 3 Mathilde Road
SOI: $2,400,000 – $2,600,000
Sales Agent: Nick O’Halloran – Jellis Craig
Crowd: 25
Opening Bid: $2,450,000 VB
Passed in: $2,450,000 VB
Bidders: 0
Ross Stryker opened and closed the bidding placing a sole vendor bid. The property was passed in on a vendor bid of $2,450,000.
Camberwell, 9 Fairfield Avenue
SOI: $4,000,000 – $4,300,000
Sales Agent: Yili Ma – Belle Property
Crowd: 40
Opening Bid: $4,000,000 VB
Passed in: $4,200,000
Bidders: 1
Two vendor bids were contributed by auctioneer Steve Burke, eventually a bidder chipped in with $4,100,000, followed by a third vendor bid of $4,150,000. Property was passed in at $4,200,000
Camberwell, 25 Green Street
SOI: $2,600,000 – $2,800,000
Sales Agent: Duane Wolowiec – Marshall White
Crowd: 55
Opening Bid: $2,600,000 VB
Passed in: $2,740,000
Bidders: 2
An opening bid of $2,600,000 was placed which was swiftly met by a second bidder. Mr Oster encouraged bids from the crowd but eventually passed the property in to the first bidder for $2,740,000.
Hawthorn, 31 Mary Street
SOI: $3,300,000 – $3,600,000
Sales Agent: James Tostevin – Marshall White
Crowd: 50
Opening Bid: $3,300,000
On the Market: $3,500,000
Under the Hammer: $4,010,000
Bidders: 5
Five bidders throughout and no vendor referral couldn’t discourage a determined first bidder, who remained on top to buy under the hammer.
Kew, 56 Gladstone Street
SOI: $3,300,000 – $3,600,000
Sales Agent: Simon Lord – Jellis Craig
Crowd: 40
Opening Bid: $2,600,000 VB
On the Market: $2,930,000
Under the Hammer: $3,174,000
Bidders: 3
Rapid bidding activity from 3 bidders quickly took the price to $2,930,000, when it was declared on the market. After two bidders dropped out, the hammer fell at $3,174,000.
Kew, 8 Rockingham Close
SOI: $3,300,000 – $3,600,000
Sales Agent: Scott Patterson – Kay & Burton
Crowd: 100
Opening Bid: $3,000,000
On the Market: $3,500,000
Under the Hammer: $5,100,000
Bidders: 4
A first bidder was swift, placing an opening bid of $3,000,000 which was met by a second bidder, putting the property on the market with a bid of $3,500,000. Two more bidders joined the race placing multiple bids of $100,000, with the third bidder purchasing the property for $5,100,000.
Deepdene, 7 Crest Avenue
SOI: $2,700,000 – $2,900,000
Sales Agent: Jeff Phillip – RT Edgar
Crowd: 70
Opening Bid: $2,700,000
Passed in: $2,750,000
Bidders: 0
Auctioneer Paul Walker commenced with two vendor bids, however, there was only silence in return, resulting in a pass-in on a vendor bid of $2,750,000.
Kew, 62 Argyle Road
SOI: $3,000,000 – $3,300,000
Sales Agent: Scott Patterson
Crowd: 80
Opening Bid: $3,000,000 VB
On the Market: $3,400,000
Under the Hammer: $3,710,000
Bidders: 3
Scott Patterson opened with a $3,000,000 vendor bid; soon there was a prolonged bidding war between three parties, rapidly escalating the price to $3,710,000, where the property sold under the hammer.
Camberwell, 11 Holyrood Street
SOI: $2,500,000 – $2,700,000
Sales Agent: Jonathon O’Donoghue – Jellis Craig
Crowd: 70
Opening Bid: $2,500,000 VB
Passed in: $2,575,000
After Auction: $undisc
Bidders: 1
One bidder’s answers to the two vendor bids were the extent of the action, and the property was passed in. Sold After.
Also with James Buy Sell
Stonnington Live!
by Gina Kantzas and Mal James
Armadale Malvern Malvern East Prahran Richmond South Yarra Toorak
SOUTH YARRA, 35 Leopold Street
SOI: $3,200,000 – $3,500,000 Crowd: 30
Opening Bid: $3,200,000 VB Passed in: $3,200,000 VB
Bidders: 0 Photo: Ellen
ARMADALE, 11 Union Street
SOI: $1,900,000 – $2,090,000
Sales Agent: Anthony Grimwade – RT Edgar
Before Auction:
Bidders: 1
MALVERN, 35 Ewart Street
SOI: $3,950,000 – $4,000,000
Sales Agent: Peter Lloyd – Jellis Craig
Crowd: 45
Opening Bid: $3,900,000 VB
Passed in: $4,150,000
After Auction: $undisc
Bidders: 2
After encouraging the “conservative crowd”, Mr McCann opened the bidding for placing a vendor bid of $3,900,000. This was met by a first bidder placing a bid of $20,000. A second bidder entered the race bringing the price to $3,940,000. After some back and forward between the two bidders, the property was passed in to the first bidder for $4,150,000.
MALVERN EAST, 19 Kardella Street
SOI: $3,800,000 – $4,100,000
Sales Agent: Iain Carmichael – Jellis Craig
Crowd: 80
Opening Bid: $3,900,000 VB
Passed in: $4,000,000 VB
After Auction: $undisc
Bidders: 1
The auction commenced with a vendor bid of $3,900,000. Following a half time break, the property was passed in on a further vendor bid of $4,000,000.
MALVERN EAST, 429 Wattletree Road
SOI: $3,200,000 – $3,500,000
Sales Agent: Hamish Tostevin – Marshall White
Crowd: 35
Opening Bid: $3,400,000 VB
Passed in: $3,400,000 VB
Bidders: 0
A vendor bid of $3,400,000 was placed to kick off the auction. Following a half time break and no further bids the property was formally passed in.
SOUTH YARRA, 35 Leopold Street
SOI: $3,200,000 – $3,500,000
Sales Agent: Jamie Driver – Kay & Burton
Crowd: 30
Opening Bid: $3,200,000 VB
Passed in: $3,200,000 VB
Bidders: 0
The auctioneer opened and closed the bidding of 35 Leopold street, passing the property in on a sole vendor bid of $3,200,000.
ARMADALE, 7 Llaneast Street
SOI: $2,000,000 – $2,100,000
Sales Agent: Carla Fetter – Jellis Craig
Crowd: 35
Opening Bid: $2,000,000 VB
Passed in: $2,020,000
After Auction: $2,150,000
Bidders: 1
Auctioneer David Schiola opened the bidding of 7 Llaneast St Armadale, placing a vendor bid of $2,000,000. The property was passed in to the sole bidder at $2,020,000. Sold after for $2,150,000
TOORAK, 21 Evans Court
SOI: $5,500,000 – $5,900,000
Sales Agent: Mark Williams – Belle Property
Crowd: 10
Opening Bid: $5,500,000 VB
Passed in: $5,500,000 VB
Bidders:0
The auction opened with a vendor bid of $5,500,000. Following a half time break and no further bids the home was formally passed in.
ARMADALE, 14 Mount Pleasant Grove
SOI: $2,900,000 – $3,100,000
Sales Agent: Carla Fetter – Jellis Craig
Before Auction: $undisc
Bidders: 1
MALVERN EAST, 6 Brunel Street
SOI: $1,900,000 – $2,090,000
Sales Agent: David Volpato – Marshall White
Crowd: 60
Opening Bid: $1,900,000 VB
On the Market: $2,100,000
Under the Hammer: $2,215,000
Bidders: 2
After a slow start and a vendor bid the sun warmed up the crowd to see 2 bidders battle it out to purchase this home.
SOUTH YARRA, 41 Motherwell Street
SOI: $2,850,000 – $3,100,000
Sales Agent: Andrew Hayne – Marshall White
Crowd: 100
Opening Bid: $2,800,000 VB
On the Market: $3,200,000
Under the Hammer: $4,040,000
Bidders: 5
Andrew Hayne opened with a $2,800,000 vendor bid, which gave rise to frenzied bidding activity between 5 parties – the property was announced to be on the market at $3,200,000, then it cracked the $4,000,000 mark, then resulted in an eventual price of $4,040,000.
MALVERN, 11 Fraser Street
SOI: $3,850,000 – $4,200,000
Sales Agent: Tim Bennison – Jellis Craig
Crowd: 40
Opening Bid: $3,850,000 VB
Passed in: $3,950,000 VB
Bidders: 0
The auction commenced with an opening Vendor Bid of $3,850,000. With a further Vendor Bid of $3,950,000 and silence from the crowd, the home was formally passed in.
MALVERN, 4-6 Robinson Street
SOI: $4,000,000 – $4,400,000
Sales Agent: Rae Tomlinson – Marshall White
Crowd: 60
Opening Bid: $4,000,000 VB
On the Market: $4,500,000
Under the Hammer: $4,580,000
Bidders: 3
After auctioneer Justin Long opened with a $4,000,000 vendor bid, three parties escalated the bidding to $4,500,000 when the property was declared on the market; soon afterwards, the hammer fell at $4,580,000.
GLEN IRIS (STONNINGTON), 37 Dorrington Avenue
SOI: $3,600,000 – $3,900,000
Sales Agent: Daniel Wheeler – Marshall White
Crowd: 58
Opening Bid: $3,600,000
Passed in: $3,600,000
After Auction: $undisc
Bidders: 1
After a quick opening crowd bid the pace came to an abrupt halt prior to the property being passed in.
MALVERN EAST, 76 Kerferd Street
SOI: $2,600,000 – $2,700,000
Sales Agent: Karl Fitch – Fitch Partners
Crowd: 40
Opening Bid: $2,500,000 VB
Passed in: $2,700,000
After Auction: $undisc
Bidders: 2
After auctioneer Karl Fitch opened with a $2,500,000 vendor bid, two bidders’ offers weren’t enough to reach the reserve, resulting the property being passed in.
ARMADALE, 393 Dandenong Road
SOI: $2,050,000 – $2,250,000
Sales Agent: David Volpato – Marshall White
Crowd: 10
Opening Bid: $2,100,000 VB
On the Market: $2,350,000
Under the Hammer: $2,380,000
Bidders: 3
Initially it appeared that this would be a quiet, quick auction, then three bidders entered, taking the price to a hammer-falling $2,380,000.
MALVERN, 2C Thanet Street
SOI: $2,000,000 – $2,200,000
Sales Agent: Nicholas Brooks – – Marshall White
Crowd: 60
Opening Bid: $1,950,000 VB
Passed in: $1,970,000
After Auction: $undisc
Bidders: 1
The auction commenced with an opening bid of $1,950,000. After a bid was placed of $1,970,000 and a half time break, the property was formally passed in.
Toorak – Withdrawn/Changed Method
Malvern East, 40 Albert Street
SOI: $2,400,000 – $2,600,000
Sales Agent: Daniel Wheeler – Marshall White
Crowd: 50
Opening Bid: $2,400,000 VB
Passed in: $2,425,000
After Auction: $undisc
Bidders: 1
One bidder joined the action before negotiations moved inside. The home was sold after auction.
Malvern, 98 Stanhope Street
SOI: $3,100,000 – $3,400,000
Sales Agent: John Morrisby – Jellis Craig
Crowd: 40
Opening Bid: $3,250,000 VB
Passed in: $3,250,000 VB
Bidders: 0
The auction was opened and closed with one vendor bid.
Malvern East, 35 Summerhill Avenue
SOI: $3,750,000 – $4,000,000
Sales Agent: John Manton – Marshall White
Crowd: 20
Opening Bid: $3,750,000 VB
Passed in: $3,770,000
After auction: $undisc
Bidders: 1
Just as the home was about to pass in, one bidder placed a bid and the negotiations continued. Sold After auction.
Malvern, 5a Lysterville Avenue
SOI: $2,000,000 – $2,200,000
Sales Agent: Matthew Coombs
Crowd: 30
Opening Bid: $2,100,000 VB
Passed in: $2,100,000 VB
Bidders: 0
With a vendor bid placed of $2,100,000 and no further bids from the crowd, the home was formally passed in.
Also with James Buy Sell
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