- The Grand Prix shut down Albert Park and Middle Park for the weekend. No starters, no race.
- Spray Farm has finally left the grid — for rather more than the $10 million + reported. Think somewhere over $13.5 million. One inspection, one bid. Race over.
- 29 Hopetoun Road started before a crowd of 80-ish. On the market in the mid-5’s it went on for a laboured 45 minutes with two bidders to finish a hair over $6 million. No lap record.
- Expressions of Interest nervous agents the flavour of the month:
- 9 Iona Avenue closing on Friday
- 31 Hamden Road closing on Tuesday next week
- 8 Maxwell Court closing on Wednesday next week
- 24 Cole Court closing on Thursday next week
- EOI action? Expect soaring sales in smoke + mirrors.
- Under-quoting? Still. Agents who swear a property will never go anywhere near as high as what you say it will go for and then — shock! horror! — it surprises them. Again. And again. And again. When everything is exceptional, what’s an exception?
- Want to know what somewhere is really worth? Ask other buyers.
- Down a notch:
- 67 Hope Street sold for $1,455,000 + a mammoth amount of future work
- 15 Wynnstay Road Not a finisher on Sat — has just leapt off the shelf.
What’s coming?
More of the same. Nothing that should challenge any speed limits.
Christopher Koren