Toorak AAA land is burning and records are going up in flames.
11 Kenley Court $17,000/sq m.
(Are you still breathing?)
Albany Road. Off-market. $13,000/sq m.
(Take another breath.)
Ask and it shall not be given
3-4 Montrose.
Asking $29m.
No. Just no. No way. No.
Rewind…
27 St Georges Road.
Sold two years ago. Just sold again for about what it cost back then.
Stamp duty? ~$1.4m. That’s ~$13,461.53 each week.
Plus costs.
You could stay here for that.
Watching…
53 Rose St, Armadale.
Last year? $10m.
This? $7.5-8m.
$2m. discount in 2 months. New agent, new brand. Refreshing reality or a whopper?
Watching…
11 Kent Court.
A queue of 50 waiting to see inside.
50 people with $17-18m. in their pockets?
Watching…
EOI 28 Marne Street.
Expecting $40-43m.
A bargain!
The precipice approaches
With the election, school hols and Easter looming, there’s a great big hole on the way and listings are unlikely to pick up before June.
And that, if you were wondering, explains the current rush.
Weird
1 Beamsley Street, Malvern.
Bought one minute, not bought the next.
Bought for $4.2m. Bought again for $3.9m. two weeks later.
Please explain.
Pinocchio. Again.
Married to “Give me the marketing money and I’ll sell your house.”
No off-market here. No marketing money in that.
No consideration of the reputation of the once-great agency he is trashing.
Pinocchio, we have some gratuitous advice for you: There’s no business like no business.
