The Aporia · AFL defender’s Kensington home sells for $1.06m to first home buyers

Wes Mountain

9 article(s) here · 0 carrying a prediction

🔮 Minutes from Hawksburn train station and a short walk to both Toorak and Williams roads, the preserved Victorian weatherboard at 3 Hopetoun Grove features a striking red door.

2026-10-31 · assertive framing · Updated inner-south Victorian sells for $50,000 below reserve

🔮 “Maybe vendors have come down a little bit more, maybe buyers have been waiting around too long, and there might be multiple moving parts that are contributing right now

2026-10-24 · assertive framing · Renovated main road bungalow in Moonee Ponds sells for $1,375,000

🔮 Under the old system, the price range would have likely still been in place on auction day, and the reserve would have been set on the day.

2026-10-19 · assertive framing · How Victoria’s anti-underquoting laws are helping sellers and buyers

🔮 He said two other parties had indicated they would be keen to negotiate post auction, but the high bidders, local downsizers, met the reserve and sealed the deal.

2026-10-17 · assertive framing · First home buyers pick up mid-century inner-north apartment for $752,000

🔮 Home sellers in pockets of Melbourne are dropping prices and saying they “must sell”, as experts warn the number of distressed listings will increase as the property downturn continues.

2026-10-02 · assertive framing · The Melbourne suburbs where property owners are selling in distress

🔮 While this means the low preliminary clearance rate is not necessarily indicative, agents warned the threat of another rate hike from the Reserve Bank on Tuesday could lead to more vendors choosing to hold back on selling their properties, further shrinking supply in what is traditionally the busiest period of the year for auctions.

2026-09-27 · assertive framing · Mount Waverley family home sells for $1,535,000, $100,000-plus above reserve

🔮 “Values rose by just 0.8 per cent over the five years to June, so owners who bought during that period have had little or no gain to absorb a fall,” she said, noting even a modest decline could mean a loss for some sellers.

2026-09-25 · assertive framing · The Melbourne suburbs where property owners are selling at a loss

🔮 While last week saw the preliminary clearance rate above 60 per cent for the first time since before the May budget, this week saw it fall below that benchmark – generally considered to indicate a balanced market – and return to the mid-50s, despite peak Spring auction season. 50 and 52 Lang Street had a price guide of $2.1 million to $2.3 million, with a $2.3 million reserve.

2026-09-20 · assertive framing · Pair of South Yarra art deco homes pass in at auction on $2m vendor bid

Also by Wes Mountain

Updated inner-south Victorian sells for $50,000 below reserve

2026-10-31 · The Sydney Morning Herald

Renovated main road bungalow in Moonee Ponds sells for $1,375,000

2026-10-24 · The Sydney Morning Herald

How Victoria’s anti-underquoting laws are helping sellers and buyers

2026-10-19 · The Sydney Morning Herald

First home buyers pick up mid-century inner-north apartment for $752,000

2026-10-17 · The Sydney Morning Herald

Nothing else under this byline is closely related to this article, so these are simply their most recent.

All 9 articles by Wes Mountain →

A two-bedroom corner Victorian terrace in Kensington owned by North Melbourne defender Luke McDonald sold to first home buyers for $1.06 million at auction on Saturday. asserted

terrace → own → Saturday

Held by the Kangaroos player since 2018, 1 Albermarle Street has been updated throughout – with polished floorboards, a stepped open living and dining room, new kitchen and bathroom, and a landscaped garden – while maintaining its classic front. The property was listed with a price guide of $900,000 to $990,000 on the last weekend before new legislation kicks in requiring vendors to advertise their reserve at least seven days before an auction. asserted

legislation → hold → auction

The new laws come into effect on October 16. asserted

laws → come → October

Nelson Alexander Flemington agent and auctioneer Ryan Currie said he had “pre-empted the new legislation” and told buyers during the week, as well as in his auction preamble, that the reserve in Kensington was $990,000. asserted

reserve → say → Kensington

Currie opened the auction with a vendor bid of $900,000, which was matched by a genuine bid. asserted

which → open → bid

Another vendor bid took it to $920,000, followed by a genuine bid of $940,000. asserted

bid → take → 940,000

From the moment it hit $940,000, Currie said, increments of $10,000 and $20,000 from the two bidders pushed it to $990,000 in less than 10 seconds. asserted

increments → hit → seconds

The auctioneer declared the home on the market, and said the rest of the bids were so quick that “the whole auction was done in less than 40 seconds”. “The vendor was sunning himself [on holiday],” he said, and McDonald’s sister attended the auction while on the phone to him. asserted

sister → declare → him

McDonald and wife Brooklyn initially lived in the home and kept it as an investment. asserted

McDonald → live → investment

It was the first purchase for the buyers, a couple renting nearby, Currie said. asserted

Currie → rent → buyers

The property was one of 698 scheduled to go to auction in Melbourne this week. asserted

property → schedule → Melbourne

In Armadale, a three-bedroom Edwardian home sold for $1.75 million at auction, with four bidders rocketing it more than $300,000 above its $1.44 million reserve. asserted

bidders → sell → reserve

Moments from both Glenferrie Road and High Street, 5 Stanhope Street features terracotta tiled floors, open-plan living and a bricked rear terrace with right-of-way access, and had a price guide of $1.35 million to $1.45 million. asserted

Street → feature → million

Jellis Craig Stonnington agent and auctioneer Carla Fetter opened the auction with a $1.35 million vendor bid, and she said two bidders pushed up the price in $10,000 increments until it hit the reserve. asserted

it → open → reserve

After the property was declared on the market, another two bidders joined the fray, and a mix of $10,000 and $5000 increments sent the home soaring $400,000 past the opening bid to sell to a young professional. asserted

home → declare → professional

Fetter said bidders were a mix of couples and singles. asserted

bidders → say → couples

The home was sold as a deceased estate. asserted

home → sell → estate

She said the upcoming reserve disclosure requirement was a “massive change”, and expected some trial and error from buyers, sellers and agents as they “try to navigate” it. asserted

they → say → it

“It’s about making sure we can still find a way to help our vendors sell for the price they’re happy with,” she said. asserted

she → ’ → price

AFL defender’s Kensington home sells for $1.06m to first home buyers

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