Port Phillip Results vs Agent Price 27 May

Please find this weeks observations of auction results vs agent price.

Click on Price to see agent Statement of Information with price range and comparable sales. Click Address to see property.

PORT MELBOURNE

1 Candle Rd –agent price $1.20m-$1.32m passed in now $1.41m

77 Spring St – advertised $2.30m-$2.50m two bidders from $2.3m passed in $2.44m. Sold after $2.545m approx

135 Bridge St – agent price $1.75m-$1.85m. Sold $2.10m

177 Farrell St – advertised $1.15m-$1.25m. Sold $1.20m approx

505c/142 Rouse St – agent price $700k-$770k. Sold $875k

21/3 Seisman Pl – agent price $650k-$690k Passed in vendor bid no price update. Then $695k

SOUTH MELBOURNE

152 Napier St – agent price $2.40m-$2.64m. Price changed 26 May to $2.50m - $2.70m. Passed in vendor bid $2.50m then advertised $2.695m

374 Park St – agent price $4.0m - $4.4m. Auction - Vendor bid $4.0m seeking $25k bids, passed in $4.010m, then asking $4.4m. Sold 24 May $4.10m approximately

MIDDLE PARK

37 Harold St – 27 March agent price $2.50m-$2.60m then 14 April $2.4m-$2.5m. Auction 22 April passed in vendor bid $2.4m then asking $2.60m. Sold $2.485 approx

89 Armstrong St – EOI 9/5 price $3.90m-$4.20m. Sold $3.80m

76 Park Rd – agent price $3.7m - $3.9m. Auction passed in vendor bid $3.8m then advertised $4.095m. Sold $4.025m approximately

ST KILDA

15 Albert St – advertised $1.20m-$1.30m Passed in $1.255m no price change

4/6 Charlotte Pl –  price $865k-$946k. Sold undisclosed $950k approx

248 Barkly St – 13 April agent price $3.30m - $3.59m.

Then 9 May advertised $2.80m-$2.90m, Auction 2 bidders from $2.8m - $3.0m in $50k bids, $3.0m bid referred to vendors, then 3 bidders in $10k bids, passed in $3,110,000. Sold after $3.20m

258 Barkly St – advertised $1.82m - $2.0m passed in vendor bid $1.75m. Then $1.95m

1 Alma Grv – advertised $2.0m - $2.2m. Sold $2.20m

ELWOOD

82 Broadway – agent price $2.0m - $2.2m. Changed 25 May $2.10m - $2.30m. Then 29 May $2.475m. NB comparable sales given remain constant. Then 2 June $2.40m

2/87 Ormond Rd – advertised $1.38m - $1.41m. Sold $1.40m

5/45 Spray St – agent price $675k - $725k Sold $730k

NB undisclosed prices are approximate as where they appear on sold price search