TG

Proof of how quickly the market has moved ? 5 Berenice Terrace, Toorak, sold less than six months ago for $2.4 million, sold again on Saturday for $3,450,000 – a $950,000 gain on land and a record $508 per foot. This is ?B Grade? Toorak, not St Georges or Albany Road and that kind of […]

Any signs of the top end cooling? Regrettably not, however there was one glimmer of hope – 39 Kinkora Road, Hawthorn; a thumping big 2-storey grand Victorian on 13,500 square fee. Exactly what the market has a huge appetite for (it did have a poorly set up kitchen, however). The house was passed in at

Queen’s birthday weekend is a quiet time at the top end of the real estate market. We’ll be back next week.

One wonders what substances some buyers must be on. Once again the market on Saturday has continued to move forward, however with the Vizard sale at $18 million for a property that was arguably worth $14 million, one has to question what is motivating some buyers. Last Thursday 6 Coppin Grove sold for $5.6 million

What a weekend!!! It is getting very tough out there and even tougher to find value. Prices paid over the weekend again confounded experts, but what was really surprising was the number of bidders attending most auctions. You weren’t bidding against just one other; often it was four or five. Some of the results were

It just keeps rolling along … the juggernaut continues! Again, it was the top end that was setting the pace over the weekend. With the distinct lack of choice available, we expect this sector to continue to outperform other market sectors. The sale of 20 Lansell Road, Toorak, on land of 19,000 sq ft for

The surge continues … Another weekend when the top end took the market into unknown territory. Results which continue to defy logic and surprise us and valuers alike. This was lead by the sale of 19 Barry Street, Kew, for $5.8 million. A totally renovated Victorian on 16,000 sq ft. and a sale which is

It was business as usual with the market continuing to move forward, exceed expectations and break new ground. The weekend started badly for purchasers with the 5.00pm Friday night boardroom auction of 2 Rowland Street, Kew (south side and not AAA). The land was only 8,280 sq ft and $200 per foot yet to be

Regrettably for purchasers, the top end market is still running hot and that shows no sign of abating. A clear example is 16 Albany Road, Toorak, which was sold prior to auction to a friend of the vendor’s for what is rumored to be around $10.8 million. Again, this demonstrates the anxiety in the market

The market this week has continued to defy logic. The sale of 24 Huntingtower Road, Armadale for $6.8 million prior to any advertising shows the incredible appetite for quality property. This is on the back of the recent sale of the townhouse in St James Court, Toorak which again shows that the public will pay