Melbourne’s 5 Most Expensive Properties Of 2021
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    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,451,814 (-0.59%)       Melbourne $954,733 (+0.50%)       Brisbane $706,830 (+2.69%)       Adelaide $649,510 (+1.37%)       Perth $582,081 (-0.52%)       Hobart $699,668 (-0.28%)       Darwin $636,930 (-0.88%)       Canberra $898,901 (-0.88%)       National $909,177 (-0.19%)                UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $590,626 (-0.46%)       Melbourne $473,145 (-0.48%)       Brisbane $369,879 (-1.08%)       Adelaide $305,477 (+1.52%)       Perth $333,363 (-0.31%)       Hobart $487,440 (-6.89%)       Darwin $366,924 (-0.98%)       Canberra $397,038 (-7.49%)       National $434,380 (-2.60%)                HOUSES FOR SALE AND WEEKLY CHANGE     Sydney 9,125 (-508)       Melbourne 13,913 (-654)       Brisbane 8,220 (-594)       Adelaide 3,339 (+26)       Perth 11,136 (-136)       Hobart 437 (-7)       Darwin 240 (-6)       Canberra 672 (-20)       National 47,082 (-1,899)                UNITS FOR SALE AND WEEKLY CHANGE     Sydney 8,152 (-181)       Melbourne 8,696 (-136)       Brisbane 2,636 (-108)       Adelaide 847 (-27)       Perth 2,634 (+11)       Hobart 83 (-7)       Darwin 369 (-3)       Canberra 480 (+14)       National 23,897 (-437)                HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $580 (+$10)       Melbourne $440 ($0)       Brisbane $480 (+$5)       Adelaide $450 ($0)       Perth $470 (+$20)       Hobart $540 (-$10)       Darwin $630 (-$10)       Canberra $675 (-$5)       National $546 ($0)                UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE     Sydney $480 ($0)       Melbourne $360 (-$5)       Brisbane $440 ($0)       Adelaide $360 ($0)       Perth $410 (+$10)       Hobart $420 (+$30)       Darwin $500 (+$5)       Canberra $550 (+$3)       National $449 (+$4)                HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 6,520 (+340)       Melbourne 9,842 (+219)       Brisbane 4,108 (+67)       Adelaide 1,114 (+31)       Perth 1,987 (+27)       Hobart 190 (+17)       Darwin 116 (+9)       Canberra 402 (+37)       National 24,279 (+747)                UNITS FOR RENT AND WEEKLY CHANGE     Sydney 17,331 (+299)       Melbourne 15,809 (-365)       Brisbane 3,104 (-53)       Adelaide 577 (-23)       Perth 988 (-28)       Hobart 77 (+5)       Darwin 273 (+14)       Canberra 495 (-21)       National 38,654 (-172)                HOUSE ANNUAL GROSS YIELDS AND TREND       Sydney 2.08% (↑)        Melbourne 2.40% (↓)       Brisbane 3.53% (↓)       Adelaide 3.60% (↓)     Perth 4.20% (↑)        Hobart 4.01% (↓)       Darwin 5.14% (↓)     Canberra 3.90% (↑)      National 3.12% (↑)             UNIT ANNUAL GROSS YIELDS AND TREND       Sydney 4.23% (↑)        Melbourne 3.96% (↓)     Brisbane 6.19% (↑)        Adelaide 6.13% (↓)     Perth 6.40% (↑)      Hobart 4.48% (↑)      Darwin 7.09% (↑)      Canberra 7.20% (↑)      National 5.37% (↑)             HOUSE RENTAL VACANCY RATES AND TREND       Sydney 1.7% (↑)      Melbourne 2.4% (↑)      Brisbane 1.0% (↑)      Adelaide 0.7% (↑)      Perth 1.0% (↑)      Hobart 0.9% (↑)      Darwin 0.9% (↑)      Canberra 0.7% (↑)      National 1.5% (↑)             UNIT RENTAL VACANCY RATES AND TREND       Sydney 3.7% (↑)      Melbourne 4.9% (↑)      Brisbane 2.0% (↑)      Adelaide 1.3% (↑)      Perth 1.4% (↑)      Hobart 1.7% (↑)      Darwin 1.0% (↑)      Canberra 1.5% (↑)      National 3.4% (↑)             AVERAGE DAYS TO SELL HOUSES AND TREND       Sydney 25.0 (↑)      Melbourne 26.4 (↑)        Brisbane 31.0 (↓)       Adelaide 24.8 (↓)     Perth 41.2 (↑)        Hobart 20.1 (↓)       Darwin 36.6 (↓)     Canberra 18.7 (↑)      National 28.0 (↑)             AVERAGE DAYS TO SELL UNITS AND TREND       Sydney 26.4 (↑)      Melbourne 28.8 (↑)        Brisbane 35.0 (↓)     Adelaide 30.3 (↑)        Perth 44.6 (↓)     Hobart 21.7 (↑)      Darwin 41.0 (↑)      Canberra 28.5 (↑)      National 32.0 (↑)            
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Melbourne’s 5 Most Expensive Properties Of 2021

Melbourne’s prestige market has had an exceptional year.

By Kanebridge News
Tue, Nov 16, 2021Grey Clock 4 min

47 Lansell Road Toorak, VIC: $40-44 Million

The sale price for 47 Lansell Road, which is understood to be at the pointy end of its 40-44-million threshold has set not only Toorak’s price record, but is also the most expensive home sold at auction in Australia.

The home was treated to an overhaul at the hands of architects Carr Design, and luxury interior design practice Helen Green Design studio. Elsewhere the 3300sqm plot was treated to the work of Paul Bangay and his renowned gardens.

The 5-bedroom, 4-bathroom, 6-car home was the most expensive listing in Melbourne this year and boasted a swathe of luxury fittings and mod-cons including three kitchens (one regular, chef, commercial – of course), with Miele appliances, commercial grade fridges and stone benches.

The list goes on with the home offering,  indoor-outdoor spaces with teppanyaki grill, luxurious cinema room, an outdoor leisure centre with pool, gym, tennis court, massage room and more.

 

21 Coppin Grove, Hawthorn, VIC:  $40.5 million

Former Australia Post boss Ahmed Fahour sold his Hawthorn mansion in July. The price making it the second-highest ever paid for a residential property in Melbourne at the time of sale.

The standout home, known as Invergowrie was listed in 2018 – with Marshall White’s Marcus Chiminello.

Set on a massive 1.1-hectare block, the home offers five bedrooms and a three-bedroom brick guest house, a bluestone two-bedroom cottage and a hall that double as a gym.

The main homestead is two-storey and is defined by its distinctive colonial-goth architecture. It’s here that the property offers 15 separate rooms and is surrounded by sweeping lawns and gardens, dotted with mature trees.

39 Irving Road, Toorak, VIC: $31-$34 million

The historic manor on Toorak’s Irving Road, better known as Chiverton, sold for more than $30 million.

The 6-bedroom, 5-bedrooom, 6-car parking home was sold by Kay & Burton South Yarra selling agent Michael Gibson.

The coveted mansion sits on approximately 2170sqm of land with a further 980sqm attached for the tennis court. While the listing was split, the property was sold as a bundle.

With the tennis court, the home arrives with an outdoor swimming pool, Mediterranean façade, timber-lined ceilings.

Chiverton has five bedrooms, five bathrooms, two powder rooms, magnificent formal rooms, library, informal living, open plan kitchen, separate one-bedroom apartment, poolside summer house and four-car garage. Every room looks out to the extensive garden and lawns.

 

60 Hopetoun Road, Toorak, VIC: $30-$33 million

The superstar listing from famed concert promoter Michael Coppel sold for somewhere in the low-30-millions, although listing agent Marcus Chiminello of Marshall Whit wasn’t at liberty to divulge the specifics.

The 3066-square metre home is located in the most enviable locale in Melbourne, the 6-bedroom, 7-bathroom, 9-car garage residence and is replete with manicured gardens, stunning pool area and tennis court.

Inside, a soaring lobby and staircase impart grandeur and opulence, welcoming one into a home that is as flexible as it is luxurious.

The kitchen is privy to a large butler’s pantry with laundry and adjoining cool room – ideal for private chefs or large catered events.

The entertainment room is serviced by its own bathroom with all common spaces leading seamlessly to the lush, tropical outdoor entertaining and dining area, aforementioned swimming pool, cabana and tennis court.

Further, the home offers a bounty of bedrooms including a palatial main bedroom suite that features a substantial dressing room, ensuite, private gym and rooftop sun terrace.

 

16 Balwyn Road, Canterbury, VIC: Approx $29 million

Historic mansions, such as ‘Shrublands’ in Melbourne’s Canterbury, have undeniable old-world gravitas. And with such character come with a certain cost – this lavish home listed at what would’ve been a suburb record $42-$46 million.

However, the home was rumoured to take a $13 million hair cut, with some outlets reporting a price of $29 million.

Abercromby’s agent Jock Langley was tight-lipped about the final sale price.

The home features 9-bedroom, 9-bathroom and enough space for 10 cars among its 42-room spread.

Within the long-list of amenities includes a two-bedroom guest wing, basement cinema, billiards room, historic bluestone wine cellar, library, gym and newly-finished heated indoor pool and wellness centre.

Elsewhere Opulent gold-leaf finishes and crystal chandeliers give way to modern fixtures as highlighted in what’s an industrial-sized contemporary kitchen.

However, the home’s ‘piazza’ is the cherry on top, with the outdoor entertaining spaces fitted with heating via outdoor fireplaces.

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Melbourne’s prestige market has had an exceptional year.

An influx of people could calm future volatility.

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