Total Properties: 361 Sold: 235 Withdrawn:6 Cleared: 64% Total Sales: $171,071,500 Median: $632,500 Suburb Address Type Price Result Abbotsford 3 Paterson St 2 br h $595,000 S Abbotsford 106-108 Yarra St 3 br h N/A W Aberfeldie 2/44 Aberdeen St 4 br t $1,130,000 S Airport West 4/9 Kitson Cr 2 br u $412,000 PI Albert Park 54a Mills St 2 br t $1,050,000 VB Albert Park 108 Victoria Av 4 br h $2,050,000 S Albion 5/21 Perth Av 2 br u N/A PI Alphington 5/34 Grange Rd 2 br u $412,000 S Altona 14 Akuna St 4 br h N/A PI Altona 2/28 Grieve Pde 2 br h $350,000 S Altona North 12 Begonia Av 4 br h $490,000 SP Altona North 2/303 Blackshaws Rd 2 br u $410,000 S Armadale 4/527 Dandenong Rd 2 br u $469,000 S Armadale 3/15 Wattletree Rd 2 br t $770,000 S Ascot Vale 7 The Grove 3 br h $830,000 SP Ashwood 22 Carlyle St 3 br h N/A PI Ashwood 1/1 Jordan St 3 br t $685,000 SP Aspendale Gardens 8 Joelle Ct 3 br h $506,000 S Aspendale Gardens 66 Nurten Pde 4 br h $552,700 SP Aspendale Gardens 77 Winners Cir 4 br h $602,000 S Avondale Heights 2 Glamis Dr 3 br h $520,000 VB Avondale Heights 9 Lake St 3 br h $520,000 VB Avondale Heights 42 Macey Av 4 br h N/A PN Balaclava 14/3 Balston St 1 br u N/A PI Balaclava 6/88 Grosvenor St 1 br u $315,000 PI Balwyn 26 Bevan St 4 br h N/A PN Balwyn 5 Knutsford St 3 br h $1,712,000 S Balwyn 20 Nott St 4 br h $1,407,000 S Balwyn 2/18 Raynes St 4 br h $960,000 S Balwyn North 59 Hosken St 5 br h $4,050,000 VB Balwyn North 7 Pam Av 3 br t N/A PI Bayswater 856 Mountain Hwy 4 br h $190,000 VB Beaumaris 10 Wellington Av 4 br h $1,290,000 S Bellfield 10 Carlyle Cr 3 br h $565,000 S Bentleigh 2/511 South Rd 2 br t $510,000 S Bentleigh East 92 Brooks St 3 br t $570,000 VB Bentleigh East 22 Castlewood St 5 br h $846,000 S Bentleigh East 7/784 Centre Rd 2 br h $384,000 S Bentleigh East 22 Marlborough St 3 br h $725,000 VB Bentleigh East 12 Northam Rd 3 br h $757,500 S Berwick 104 Ridgemont Dr 3 br h $410,000 VB Blackburn 28 Bordeaux Av 4 br h N/A PI Blackburn 93 Main St 3 br h $780,000 PI Blackburn 9 Malabar Rd 3 br h $800,000 S Blackburn 1/9 Stanley Gr 3 br h $845,000 S Blackburn South 2/20 Jenner St 2 br h $495,000 S Braybrook 2/23 Carlton St 4 br t N/A W Briar Hill 2/143 Karingal Dr 3 br t $550,000 VB Brighton 775 Hampton St 3 br t $900,000 SP Brighton 1/36 New St 2 br u $664,000 S Brighton 1/6 Stanley St 4 br t $1,325,000 S Brighton East 35 Blanche St 3 br h N/A PI Brighton East 52 Landcox St 3 br h $1,225,000 S Brighton East 1a Plunket St 2 br h N/A PI Brighton East 28 Tatong Rd 3 br h $908,000 S Brunswick 14 Frederick St 3 br h N/A PN Brunswick 1.08/12 Lux Wy 1 br u $400,000 SP Brunswick 1/5 Pottery Ct 2 br u $450,000 S Brunswick 1/6 Pottery Ct 3 br u $461,500 S Brunswick East 3/191-193 Lygon St 2 br u $480,000 S … [...]
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Tags: melbourne auction results , Melbourne Property, Melbourne Real Estate, Week End Auction and Sales results. This entry was posted on February 28, 2011 at 4:56 am and is filed under Auction Results, Hodges Real Estate Information. … [...] ESSENDON has cemented its place on the exclusive list of suburbs with a median house price of more than $1 million. The suburb registered a median sale value of $1.05 million in 2010, according to the Real Estate Institute of Victoria The suburb first hit the $1 million mark in the 2010 September quarter, but the REIV says the annual figure gives a picture of the suburb’s true value. Essendon’s median value was $555,500 in 2005, placing it among the top 20 for growth suburbs over the past five years. In an example of what the median house cost could buy, a modest renovated weatherboard in Elder Pde Essendon, pictured, sold in October last year for $1.18 million. Three other Moonee Valley suburbs were named among Melbourne’s top 20 for median house price growth over the past year. Real Estate Institute of Victoria data shows Keilor East registered the second-highest jump in median value in 2010, reaching $620,000. This is up 31.6 per cent from $471,000 in 2009. REIV spokesman Robert Larocca said the new Essendon median was due to a mix of factors. “Part of it is a catch-up from a fall in property values,” Mr Larocca said. “Captured in that bunch of sales is when the market bottomed out in the early part of 2009, but the second part of the increase is real growth.” But the massive increases appeared over for now, he said. Fabian Rosan, partner with Nelson Alexander Essendon, agreed it had been a good 12 months for real estate agents in Moonee Valley, particularly those selling in his home suburb of Keilor East. Ample stock meant houses would continue to sell well in Keilor East, Mr Rosan said, but he agreed the house price increases would be nowhere near the heights of last year. Jude De Araugo, from Mortgage Choice Moonee Ponds, said it was important borrowers didn’t over-extend their budget. “Dollar-wise, I call (Essendon) the Toorak of the north-west. That’s the only way I can describe it,” Ms De Araugo said. She said loan repayments needed to balance with quality of lifestyle. “We recommend taking a stepping stone into the market, rather than going in big.” Is the dream of owning a house beyond reach? Tell us at mooneevalleyleader.com.au [...] THE Kew home of embattled AFL player manager Ricky Nixon reportedly sold off-market last week for $2.2 million. The sale was reported in The Australian. Nixon has become embroiled in the “St Kilda photo scandal” after being charged with trying to deal with it, and is now being investigated for duty of care breaches. [...] BOROONDARA’S blue ribbon property market will be put to the test in the next few weeks, with more $1 million-plus houses coming onto the market. David Morrell, of buyers’ advocate Morrell and Koren, said the top-end market ($3 million-plus) remained “untested” this year. “You’d need a cattle prod to start it,” Mr Morrell said. “Buyers and sellers are treading water. It’s the first to blink.” Buyer’s Advocate Mal James said clearance rates during the next few weeks would give a better idea of the market. Mr James said 29 $1 million-plus properties in Boroondara went to auction last weekend and 45 were scheduled to go under the hammer this weekend. Hocking Stuart Hawthorn director Glen Coutinho said the market had “opened strong with a good supply of listings”. “The majority of people are back from holidays and property inquiries are up,” Mr Coutinho said. “So far it’s a pretty even balance of buyers and sellers.” He predicted “reasonable growth” throughout the year, underpinned by a stable economy, good demand for quality and “reasonably low” interest rates. [...] Total Properties: 279 Sold: 184 Withdrawn: 3 Cleared: 65% Total Sales: $117,069,700 Median: $589,000 Suburb Address Type Price Result Abbotsford 21/659 Victoria St 2 br u $520,000 S Albert Park 139 Beaconsfield Pde 4 br h $3,250,000 VB Albert Park 52 Brooke St 3 br h $940,000 S Altona 2 Curtin Ct 3 br h N/A PN Altona North 12 Hatherley Gr 3 br h N/A NB Altona North 238 Mason St 2 br h $600,000 PI Altona North 56 Mills St 3 br h N/A NB Altona North 55 Misten Av 4 br h $589,000 S Ardeer 17 Glinden Av 3 br h N/A PI Armadale 29 Barkly Av 3 br h N/A SN Armadale 30 Wattletree Rd 3 br h $1,090,000 S Ascot Vale 13 Filson St 4 br h N/A PI Ascot Vale 67 Kent St 2 br h $560,000 VB Ascot Vale 15 Morshead St 5 br h $650,000 SP Ashwood 47a Vannam Dr 3 br h $785,000 SP Ashwood 47a Vannam Dr 3 br t $785,000 SP Attwood 20 Haig Pl 4 br h N/A PI Avondale Heights 6 Glenside St 3 br h N/A SN Balwyn 12 Creswick St 5 br h $3,425,000 PI Balwyn 4/40 Northcote Av 3 br h N/A PI Balwyn North 33 Clifton St 3 br h $730,000 PI Balwyn North 23 Woodville St 3 br h $1,005,000 S Beaumaris 3 Lileura Av 5 br h N/A SN Bentleigh 2 Evelyn St 3 br h $1,137,000 S Bentleigh 7 Smith St 4 br h $1,205,000 PI Bentleigh 111 Tucker Rd 4 br h $585,000 SP Bentleigh East 5 Brosa Av 4 br h $870,000 VB Bentleigh East 9b Purtell St 4 br t $870,000 VB Black Rock 8/2-4 First St 2 br h $525,000 S Blackburn 44 Goodwin St 4 br h $907,500 S Blackburn South 6 Chandler St 3 br h $617,500 S Bonbeach 84 Royal Rd 2 br h $400,000 SP Box Hill North 2/95 Dorking Rd 2 br h N/A W Box Hill North 59 Springfield Rd 4 br h $660,000 SP Braybrook 144 Devonshire Rd 3 br h N/A PI Braybrook 146 Devonshire Rd 3 br h N/A PI Braybrook 6 Hinkler St 3 br h N/A PI Braybrook 2 Rochester St 3 br h $375,000 PI Brighton 3/61 Black St 2 br t $755,000 VB Brighton East 2/17 Roberts Ct 3 br u $446,000 S Brunswick 31 Percy St 2 br h $580,000 VB Brunswick East 4 Ethel St 3 br h $907,500 PI Brunswick East 2/43 Hickford St 1 br u $282,000 S Brunswick West 3/28 Daly St 2 br u $433,000 S Brunswick West 5/608 Moreland Rd 1 br u $270,000 VB Bulleen 70 Golden Wy 3 br h $715,500 S Bulleen 5/63-65 Manningham Rd 2 br u $413,000 S Bundoora 65 Boston Rd 3 br h $500,000 PI Bundoora 14 Redmond Ct 4 br h $800,000 PI Bundoora 9 Robusta Av 4 br h $770,000 VB Burwood 6 Cropley Ct 3 br h $685,000 VB Cairnlea 25 Pembrey Rd 4 br h $600,000 PI Cairnlea 27 Pinewood Cr 5 br h $552,000 SP Camberwell 226 Highfield Rd 3 br h N/A SN Camberwell 134 Warrigal Rd 3 br h $1,010,000 S Canterbury 42 Warburton Rd 3 br h $1,107,500 S Carlton 17/100 Queensberry St 2 br u N/A SN Carlton 620/528 Swanston St 1 br u $215,500 PI Carlton North 552 Drummond … [...] MELBOURNE’s next unique office – which will in this case be configured as a laboratory and classrooms – starts construction in Bundoora this month. La Trobe University’s $93 million La Trobe Institute of Molecular Science (LIMS) project will rise six levels from Science Road, at its Bundoora campus, about 17 kilometres north of town. The biotechnology and nanotechnology education facility is due for completion late next year. [...] QUEENSLAND-based property developer David Devine is wasting no time getting back into the Melbourne development scene. Four months since retiring from the listed development giant he established in 1983 – now known as Devine Limited – Mr Devine’s newest incarnation, Metro Property Development, has paid $10.2 million for an eight hectare site in Doreen. The land, at 60 Orchard Road, on the corner of Garden Road, will be subdivided into about 150 lots and carry an average block price of about $200,000. Assuming homes worth $250,000 are developed on each block, Metro’s Doreen project could have an end value of close to $70 million. [...] FORMER Geelong footballer and larrikin media personality Billy Brownless is close to offloading his hilltop hood. The five bedroom home, on a 3000 square metre block on City View Drive, Wandana Heights, was listed for sale late last year. It’s understood to be under contract for about $1.5 million. The property, near Geelong, includes a tennis court and pool, and the home is designed to capture postcard views of Barwon Heads, Corio Bay, the city and You Yangs. Whitford Newtown’s Dale Whitford has been marketing the property. [...] SYDNEY based Stockland has sold a West Perth office building for $30 million. The fully leased office, at 1 Havelock Street, traded on a yield of 8.2 per cent. Stockland paid $28.8 million for it in 2008. In June last year, the asset had a book value of $31.2 million. [...] |
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