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Residential Real Estate Market

First Valuation Group Top 10 Prestige Residential Survey

First Valuation Group Top 10 Prestige Residential Survey

Jan – Dec 2014

Sr. No.
Address
Suburb
Price
Date
Bed
Description
Land sqm (appx.)
Agent

1

18-20 Shakespeare Grove

Hawthorn

$19.8M May 05th 9

Situated in Melbourne’s finest blue ribbon estate, this 4-storey residence comes with 9 bedrooms, and 13 bathrooms. It also includes an 18-seat home theatre double kitchen and a 4000+ bottle wine cellar.

4,319

R T Edgar

2

3 Towers Road

Toorak

$18.55M

Jun 19th

6

Multi-level residence with spectacular entrance hall and corridor that leads onto a total of 22 rooms throughout the property liner. An underground basement car park, north-facing back yard offering a long dramatic swimming pool built into a manicured garden.

2,100

Kay & Burton

3

12 Lansell Road

Toorak

$12.5M

Aug 05th

5

Constructed in 1916 this well landscaped Toorak property consists of a 25m in ground pool, 5 bedrooms and a 4 car garage.

3,286

Kay & Burton

4

5 Illawarra Crescent

Toorak

$12M

Dec 4th

5

Sophisticated Toorak estate, 5 bedrooms, lavish formal dining room and lush manicured gardens, pool and tennis court.

2,002

Kay & Burton

5

69 St Vincent Place

Albert Park

$12M

May 07th

3

This modern yet relaxed and informal property bounces from one room to the next. Sitting on 481m2 block, its living space flows onto the garden and lap pool, with a full width linear pond directly adjacent. Newly renovated 3 bedrooms, with a separate guest quarter and garaging.

481

Hocking Stuart

6

51-55 New Street

Brighton

$10.88M

Sept 24th

6

This luxurious domain boasts 6 bedrooms and 8 bathrooms 5 of which are ensuites, an indoor pool, gymnasium, sauna and tennis court.

3,513

R T Edgar

7

19 Monomeath Avenue

Canterbury

$9.226M

Oct 24th

5

Magnificently manicured gardens, tennis court and heated pool. Five bedrooms and 4 bathrooms.

3,472

Marshall White

8

23 Montalto Avenue

Toorak

$8.975M

Aug 28th

4

Designed by award winning architect Rodney Alsop, offering 4 bedrooms, well manicured garden, pool and tennis court.

1,815

R T Edgar

9

38 Dawson Avenue

Brighton

$8.525M

Nov 29th

4

Spectacular sunset views and city lights, 4 bedrooms, heated swimming pool and sauna resembling an ocean liner.

771

Hocking Stuart

10

17 Chastleton Avenue

Toorak

$8.525M

Jan 14th

6

This beautifully restored family home has a wonderful blend of formal and informal rooms which complement the 6 bedrooms including a magnificent master bedroom suite. Also encompasses a remarkable northern orientated pool and a North/South tennis court.

1,263

Kay & Burton

All images supplied by marketing agent. Transactions restricted by confidentiality have been excluded. All efforts have been taken to ensure validity of information presented however this information can not be solely relied upon. FVG accepts no responsibility for any damages/loss that may occur from use of this information.
First Valuation Group Level 1, 18 Thomson Street, South Melbourne, VIC 3205 Office: 03 9690 1112 Web: www.fvg.com.au
 

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I find it harder and harder to believe what I read in the Melbourne associated press, regarding what is happening within the current residential real estate market.

There seems to be over the last 4-6 weeks an upward dialogue to talk to the market up, to as usual create this market sense of a “boom” market, get in or you are going to miss out. ‘First home buyers’ can’t buy property because the investor market is buying anything and everything available, “the apartment market is booming”, get in as prices are moving in an upward trend.