Brighton home sells for $4.68 million as weekend's top auction result

Brighton home sells for $4.68 million as weekend's top auction result
Brighton home sells for $4.68 million as weekend's top auction result

The prominent harness horse-breeder and construction company director Duncan McPherson sold his two-level Brighton house for $4.68 million at weekend auction.

Stefan Whiting of Buxton took bids from four interested parties when 30 Dawson Avenue was offered.

The house sits on a 987 square metre block four doors from the foreshore.

It had previously traded at $1.5 million in 2000.

It was among the 527 homes scheduled to go under the hammer in Melbourne over the weekend which was around 100 higher than the 426 conducted over the same weekend a year ago.

Australian Property Monitors put the preliminary auction clearance rate at 74.3%.

The most popular region for auctions was the north east with 97 followed by the west with 87, the inner city with 78, the inner south with 75, the outer east 68, and the inner east with 46 auctions scheduled.

Richmond was the most popular suburb with 15 auction listings, followed by Reservoir in the north east with 13 followed by Mount Waverley in the outer east with 12, and Glen Waverley, according to APM.

Melbourne’s auction market had been remarkably consistent, Dr Andrew Wilson, the Domain Group senior economist said.

One of Melbourne's best-known bridal wear families sold their ornate Bulleen home.

But the sale price secured by Joe and Patricia Pallozzi of Raffaele Ciuca for their Georgian-style house at 13 Coromandel Court was not disclosed.

The Ray White agent Frank Perri was looking for $1.5 million plus interest. 

Tags: 
Auctions Melbourne

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