Reality Nibbles

Knock the clock back 100 years and it was the Roaring 20s. Today it’s more like the Truth Is Out There Maybe 20s.

Clendon Road. $150m? Really?

It’s been a feast of fabrications and self-serving leftovers served up by agents who know better.

Some clarification:

We are not about to be invaded by hordes of OS buyers ready to splash stratospheres
The buyer is local
Yes, Melbourne record
No, not $150m, closer to $100m.

Relax.

What a difference $2m can make.

A sale

7 Bellaire Court. Languished unsold for a year.

Repriced, sold in a flash.

What took them so long?

Bayside awakens.

When the price is right.

16 Moule Avenue still sleeps.

Now on the market for three years

See above.

It’s the Price. Still.

29 Hawthorn Grove, Hawthorn.

Chasing $20m. For five months.

Reality. Continued.

12 Lansell Road sold $20m, not $30m.

Reality. Again.

4 Grant Avenue sold <$20m, not $22m.

Wallflower

62 Clendon Road

Where did it go?

34 Irving Road. Everywhere yesterday, gone from the web today, but still (we believe) for sale. Mysteriouser and mysteriouser.

$40m in South Yarra?

Yes. Maybe.

Land in Toorak

Always the litmus. The choice is improving. Quietly.

Move? Renovate?

The word from the architects and builders of Toorak is that it’s all gone quiet. If you’re minded to renovate, this could be a good time to pick up the phone.

Pinocchio? Still there?

It’s there. It’s for sale. It’s been months and months.

So what’s the problem? Just a price that’s about twice reality.

Dear Pinocchio, you’re a very slow learner. Toorak buyers are cleverer than that. Have you considered another occupation?