September 2007

It was the last hurrah for a couple of weeks and it produced a mixed bag; but what stood out most was lack of quality and lack of choice. Top sale was 12 Lansell Road, Toorak. $11 million for a classified home on 32,000 square feet sounds incredibly cheap, but it’s living in a fish-bowl […]

The action concentrated on land sales over the weekend – and they continued to confirm the upward trend of the market and the insatiable appetite there is for a plot in Toorak. 8 Sargood Street, Toorak, small block, small frontage, surrounded by two large properties, sold for $1,573,000. All 2,900 sq ft of it. That’s

All the action at the top end was in Hopetoun Road, Toorak. Again, there was real evidence of just how quickly the market has moved. 2 Hopetoun Road, a good home on 15,000 sq ft with a court and pool, was sold prior to auction for $9,750,000 or $650.00 per foot – it sold 18

A lack of quality was the key issue in this weekend’s auctions: few offerings at the top end and most of the better properties scheduled to be auctioned over the next two weekends. However, there was action off-market. “The Koots”, a large home in Kooyongkoot Road, sold for over $9 million ? and this is