Prestige Property: 22 Leyden Avenue, Portsea VIC
independent title
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    HOUSE MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $1,430,736 (-0.35%)             Melbourne $906,744 (-1.28%)             Brisbane $626,945 (-1.31%)             Adelaide $576,484 (-1.90%)               Perth $573,264 (+0.68%)             Hobart $667,625 (+0.32%)           Darwin $633,559 (-1.47%)               Canberra $869,505 (+1.93%)           National $879,315 (-0.27%)                      UNIT MEDIAN ASKING PRICES AND WEEKLY CHANGE     Sydney $569,148 (-1.05%)               Melbourne $450,915 (+0.15%)             Brisbane $364,991 (+0.46%)             Adelaide $299,227 (+0.06%)           Perth $339,330 (-0.36%)             Hobart $481,504 (-6.77%)               Darwin $380,220 (+0.68%)             Canberra $419,946 (+1.52%)           National $428,987 (-1.42%)                      HOUSES FOR SALE AND WEEKLY CHANGE       Sydney 6,290 (+697)             Melbourne 10,034 (+1,675)           Brisbane 8,564 (-165)             Adelaide 2,786 (-33)             Perth 9,764 (-120)             Hobart 354 (-8)             Darwin 228 (-16)               Canberra 368 (+46)             National 38,388 (+2,076)                    UNITS FOR SALE AND WEEKLY CHANGE       Sydney 6,605 (+82)             Melbourne 6,374 (+217)           Brisbane 2,923 (-13)             Adelaide 861 (-8)             Perth 2,423 (-18)             Hobart 64 (-2)               Darwin 352 (+5)             Canberra 406 (+25)             National 20,008 (+288)                    HOUSE MEDIAN ASKING RENTS AND WEEKLY CHANGE       Sydney $550 ($0)             Melbourne $440 (+$5)             Brisbane $455 (-$5)             Adelaide $450 ($0)             Perth $450 ($0)           Hobart $495 (-$5)               Darwin $640 (+$10)             Canberra $640 ($0)             National $527 (+$1)                    UNIT MEDIAN ASKING RENTS AND WEEKLY CHANGE       Sydney $475 ($0)           Melbourne $370 (-$5)             Brisbane $440 (-$55)               Adelaide $370 (+$5)             Perth $410 ($0)             Hobart $450 (+$25)             Darwin $500 (+$30)             Canberra $540 ($0)           National $452 (-$1)                      HOUSES FOR RENT AND WEEKLY CHANGE     Sydney 5,996 (-35)               Melbourne 9,639 (+280)             Brisbane 3,873 (+90)             Adelaide 1,037 (+438)           Perth 1,838 (-1)             Hobart 184 (-11)               Darwin 98 (0)             Canberra 262 (+21)             National 22,927 (+782)                    UNITS FOR RENT AND WEEKLY CHANGE       Sydney 16,976 (+55)             Melbourne 16,933 (+1,528)             Brisbane 3,293 (+1,099)           Adelaide 621 (-22)             Perth 1,04 (-50)             Hobart 82 (-7)               Darwin 180 (+24)           Canberra 351 (-3)               National 39,477 (+2,624)                    HOUSE ANNUAL GROSS YIELDS AND TREND           Sydney 2.00% (↓)             Melbourne 2.52% (↓)           Brisbane 3.77% (↑)              Adelaide 4.06% (↓)             Perth 4.08% (↓)             Hobart 3.86% (↓)             Darwin 5.25% (↓)             Canberra 3.83% (↓)             National 3.12% (↓)                UNIT ANNUAL GROSS YIELDS AND TREND         Sydney 4.34% (↑)              Melbourne 4.27% (↓)           Brisbane 6.27% (↑)              Adelaide 6.43% (↓)             Perth 6.28% (↓)           Hobart 4.86% (↑)              Darwin 6.84% (↓)           Canberra 6.69% (↑)            National 5.47% (↑)                 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 25.2 (↓)           Melbourne 34.7 (↑)              Brisbane 34.6 (↓)             Adelaide 26.8 (↓)             Perth 42.7 (↓)             Hobart 21.3 (↓)           Darwin 36.8 (↑)              Canberra 23.1 (↓)             National 30.6 (↓)                AVERAGE DAYS TO SELL UNITS AND TREND           Sydney 24.9 (↓)           Melbourne 39.8 (↑)              Brisbane 39.7 (↓)             Adelaide 30.9 (↓)             Perth 42.9 (↓)             Hobart 22.2 (↓)           Darwin 44.7 (↑)            Canberra 36.3 (↑)              National 35.2 (↓)               
Prestige Property: 22 Leyden Avenue, Portsea VIC

An architectural masterstroke is one of the peninsula’s finest homes.

By Terry Christodoulou
Fri, May 7, 2021 < 1 min

Portsea has long been the coastal playground of choice for Melbourne’s well-heeled. Here, is one of the private peninsula’s finest.

This stately, 5-bedroom, 4-bathroom, 7-car parking property, of 3047sqm, enjoys an enviable location in the Portsea cul-de-sac overlooking Percy Cerutty oval.

Embracing a Hamptons-inspired, timeless style – every feature and material is of the highest quality, providing the ultimate family compound for multi-generational living.

Designed by Stephen Akehurst, the home is split into two buildings, separated by a central garden and 15-metre pool.

The main residence sees communal spaces, with hardwood flooring underfoot.  Here, a chef’s kitchen fitted with a Paul Bocuse oven with butler’s pantry sits alongside a dining and living room, with open fire.

A private parent’s retreat is downstairs, with gas log fire and cellar and bar adding some adult sophistication to the space.

Additionally, a stone terrace runs the length of the building, serving as a spectacular setting for alfresco dining with integrated BBQ, pizza oven and woodfire.

Across the garden sees the second residence, providing three further bedrooms, two, bathrooms, a living space with gas log fireplace and a large lower floor rumpus. Also, here, basement and security parking for multiple vehicles.

However, it’s the gardens – designed by Robert Boden – that steal the show, playing host to a championship sized mod-grass tennis court, established hedges, stone paving and the aforementioned heated, self-cleaning saltwater pool.

The listing is with Rob Curtain (+61 418 310 870) of Peninsula Sotheby’s International, price guide between $15m-$16m. melbournesothebysrealty.com

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Predicted increases in value signals strength in local property market.

The largest single-dwelling sales of the calendar year.

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