Marketplace Report - Warehouse, Heritage & Unique Property Edition | Jul-Dec 2021 Sales

Marketplace Report

Warehouse, Heritage & Unique Property Edition

July- December 2021 Sales

Harcourts Melbourne City has built a reputation exceeding market expectations for Warehouse, Heritage & Unique Melbourne properties

Directors Comment Sellers were certainly active in the second half of 2021, enticed by the buyer demand to upgrade or invest & this was no different for the Warehouse, Heritage, Unique sector, or “WHU” as we affectionately call it.

Lending and affordability constraints put a slight sting on buyer demand towards the tail end and we saw a sure market pause as we all set to re-set over the holiday period. This pause started noticeably earlier last year driven by the challenge of grappling with a global pandemic and the need to visit loved ones.

Interstate buyers are beginning to make up a growing number of our enquiries in addition to the return of the traditional investor. One bedroom sales are gaining momentum again however the sales of larger WHU apartments, Paris End and high-end apartments have continued to gain the market’s interest and flourished.

We’ve achieved many record results in Heritage and Unique Buildings across the city which is fantastic to report. Now more than ever it’s critical to ensure you’re speaking to the right agents, with expertise in the WHU area.

If you’ve had thoughts of selling or are just curious to understand the current market value of your property, we welcome your call 03 9664 8100.

Dionne Wilson Director Harcourts Melbourne City Information about this report: We (the agent/cy) have endeavoured to show all sales reported by all agents & individual’s as listed on publicly available sources for the mentioned period. We believe this information to be accurate, whilst all care has been taken, no representation has been made and no responsibility is accepted for the accuracy of the whole or any part of this document. Individuals are directed to rely on their own enquiries.

Please disregard this publication if your property is exclusively listed with another agent. Properties displayed are only those which have been publicly listed and sold by multiple agents/cies in the area. We advise you seek independent advice on your area statistics if you are thinking of buying or selling.

SOLD 14/109 Oxford St

2

Collingwood Bohemia

SOLD 1

1

Sale Date: 20-Nov-21 Sold Price: $860,000

13/170 Oxford St Collingwood Boiler House

SOLD 4/170 Oxford St

3

Collingwood Boiler House

2

1

Collingwood Foy & Gibson Warehouse

1

Sale Date: 12-Oct-21 Sold Price: $1,525,000

1/79 Oxford St

2

Collingwood Foy & Gibson Warehouse

SOLD 2

2

SOLD

Sale Date: 01-Jul-21 Sold Price: $950,000

15/93 Oxford St

3

2

1

Sale Date: 27-Nov-21 Sold Price: $1,707,500

SOLD 3

1

Sale Date: 10-Nov-21 Sold Price: $2,000,000

3/93 Oxford St Collingwood Foy & Gibson Warehouse

3

2

0

Sale Date: 27-Sep-21 Sold Price: $1,760,000

SOLD 203/107 Cambridge St

1

Collingwood

SOLD 1

1

Sale Date: 15-Dec-21 Sold Price: $530,000

308/107 Cambridge St Collingwood

SOLD 3B/68 Oxford St

2

Collingwood

2

1

Collingwood

1

Sale Date: 12-Nov-21 Sold Price: $545,000

25/78 Oxford St

2

Collingwood

SOLD 2

1

SOLD

Sale Date: 13-Sep-21 Sold Price: $1,855,000

502/103-107 Oxford St

1

1

1

Sale Date: 07-Dec-21 Sold Price: $1,340,000

SOLD 1

1

Sale Date: 20-Oct-21 Sold Price: $905,000

707/103-107 Oxford St Collingwood

2

2

1

Sale Date: 02-Aug-21 Sold Price: $1,405,000

SOLD 3/20-22 Hotham St

1

East Melbourne Alistair Hall

SOLD 1

0

Sale Date: 13-Nov-21 Sold Price: $530,000

8/18-30 Grey St East Melbourne Belgravia Square

SOLD 7/131 Hotham St East Melbourne Cairns Apartments

3

0

1

Sale Date: 09-Dec-21 Sold Price: Not Disclosed

East Melbourne Elmsmore

2

1

1

Sale Date: 21-Oct-21 Sold Price: $767,500

SOLD 5/174 George St

1

East Melbourne Eastern House

SOLD 1/66 George St

1

1

1

Sale Date: 23-Dec-21 Sold Price: $780,000

SOLD 1

0

Sale Date: 29-Nov-21 Sold Price: $1,030,004

14/129-135 Grey St East Melbourne Hayling

1

1

0

Sale Date: 01-Oct-21 Sold Price: $520,000

SOLD 8/129-135 Grey St

1

East Melbourne Hayling

SOLD 1

0

Sale Date: 15-Oct-21 Sold Price: $515,000

23/53 Powlett St East Melbourne Regents Gate

SOLD 302C/170 Albert St

1

East Melbourne Tribeca

1

1

Sale Date: 13-Oct-21 Sold Price: $565,000

East Melbourne

4

1

0

Sale Date: 16-Oct-21 Sold Price: $490,000

SOLD 401B/170 Albert St

2

East Melbourne Tribeca

SOLD 171 Hotham St

1

1

1

Sale Date: 12-Oct-21 Sold Price: $860,000

SOLD 3

2

Sale Date: 27-Oct-21 Sold Price: $2,751,000

6/23-25 Albert St East Melbourne

1

1

0

Sale Date: 30-Aug-21 Sold Price: $572,000

SOLD 1/117 Hardware St

1

Melbourne Bianca Apartments

SOLD 1

0

Sale Date: 04-Sep-21 Sold Price: $532,000

14/50 Bourke St Melbourne Bourke Hill Apartments

SOLD 22/50 Bourke St

1

Melbourne Bourke Hill Apartments

1

0

Sale Date: 11-Dec-21 Sold Price: $375,000

Melbourne Bourke Hill Apartments

2

1

0

Sale Date: 05-Jul-21 Sold Price: $457,000

SOLD 7/50 Bourke St

2

Melbourne Bourke Hill Apartments

SOLD 8/50 Bourke St

1

1

0

Sale Date: 28-Aug-21 Sold Price: $880,000

SOLD 0

0

Sale Date: 24-Sep-21 Sold Price: $909,999

303/115 Swanston St Melbourne Capitol Arcade

1

1

0

Sale Date: 28-Jul-21 Sold Price: $546,100

SOLD 8B/27-37 Russell St

2

Melbourne Cavendish House

SOLD 2

0

Sale Date: 06-Aug-21 Sold Price: $970,000

3/275 Little Lonsdale St Melbourne Central Melbourne Apartments

SOLD 1005/68 La Trobe St

2

Melbourne Concept Blue

1

1

Sale Date: 15-Nov-21 Sold Price: $545,000

Melbourne Concept Blue

2

2

2

Sale Date: 11-Nov-21 Sold Price: $1,420,000

SOLD 1007/68 La Trobe St

2

Melbourne Concept Blue

SOLD 1101/68 La Trobe St

3

1

1

Sale Date: 05-Nov-21 Sold Price: $503,000

SOLD 1

1

Sale Date: 09-Aug-21 Sold Price: $599,000

1208/68 La Trobe St Melbourne Concept Blue

2

1

1

Sale Date: 11-Jul-21 Sold Price: $503,000

SOLD 2101/68 La Trobe St Melbourne Concept Blue

3

SOLD 2

2

Sale Date: 17-Oct-21 Sold Price: $1,370,000

319/68 La Trobe St Melbourne Concept Blue

SOLD 407/68 La Trobe St

2

Melbourne Concept Blue

1

1

Sale Date: 04-Aug-21 Sold Price: $495,000

Melbourne Concept Blue

2

1

1

Sale Date: 20-Dec-21 Sold Price: $552,000

SOLD

SOLD 901/68 La Trobe St

2

605/68 La Trobe St

3

Melbourne Concept Blue

1

1

Sale Date: 23-Nov-21 Sold Price: $625,000

SOLD 1

1

Sale Date: 09-Sep-21 Sold Price: $520,000

108/336-376 Russell St Melbourne Deco Tower (Concept Blue)

1

1

1

Sale Date: 27-Oct-21 Sold Price: $490,000

SOLD 504/336-376 Russell St

2

Melbourne Deco Tower (Concept Blue)

SOLD 1

1

Sale Date: 10-Sep-21 Sold Price: $810,000

SOLD 805/9 McKillop St

1

Melbourne Excelsior

1

0

SOLD

Melbourne Former Sun Electric Building

2

2

Melbourne Deco Tower (Concept Blue)

1

1

Sale Date: 14-Jul-21 Sold Price: $701,000

SOLD

Sale Date: 20-Nov-21 Sold Price: $350,000

25/562 Little Bourke St

903/336-376 Russell St

23/562 Little Bourke St

1

Melbourne Former Sun Electric Building

1

0

Sale Date: 18-Oct-21 Sold Price: $450,000

SOLD 1

0

Sale Date: 22-Sep-21 Sold Price: $720,000

15/562-566 Little Bourke St 1 Melbourne Former Sun Electric Building

1

0

Sale Date: 15-Jul-21 Sold Price: $460,000

SOLD 10/180 Little Collins St Melbourne Georges Apartments

2

SOLD 2

0

Sale Date: 30-Dec-21 Sold Price: $1,335,000

15/24-38 Little Bourke St Melbourne Gordon Place

SOLD 17/24-38 Little Bourke St

1

Melbourne Gordon Place

1

0

Melbourne Grand Central Apartments

0

Sale Date: 13-Sep-21 Sold Price: $145,000

118/57 Spencer St

1

Melbourne Grand Central Apartments

SOLD 2

1

SOLD

Sale Date: 07-Nov-21 Sold Price: $310,000

209/57 Spencer St

1

1

0

Sale Date: 10-Nov-21 Sold Price: $650,000

SOLD 2

1

Sale Date: 04-Nov-21 Sold Price: $964,000

420/57 Spencer St Melbourne Grand Central Apartments

1

1

0

Sale Date: 24-Nov-21 Sold Price: $385,000

SOLD 520/57 Spencer St

2

Melbourne Grand Central Apartments

SOLD 1

0

Sale Date: 11-Jul-21 Sold Price: $440,000

633/57 Spencer St Melbourne Grand Central Apartments

SOLD 611/33-71 Spencer St

1

Melbourne Grand Central Apartments

1

0

Sale Date: 03-Nov-21 Sold Price: $340,000

Melbourne Henty House

2

1

1

Sale Date: 01-Sep-21 Sold Price: $500,000

SOLD 507/616 Little Collins St

2

Melbourne Grand City Apartments

SOLD 604/501 Little Collins St

1

1

1

Sale Date: 08-Jul-21 Sold Price: $585,000

SOLD 1

1

Sale Date: 07-Dec-21 Sold Price: $530,000

703/501 Little Collins St Melbourne Henty House

2

2

1

Sale Date: 10-Aug-21 Sold Price: $778,000

Melbourne 7/365 Little Bourke Street 1

1

1

CASE STUDY

Sold

Appraised $1,000,000-$1,100,000 Week 1 ‘Soft Launch’ to Buyer Database Week 2 Launched Online Marketing Week 3 Increased Range To $1,100,000-$1,200,000 Week 4 Confirmed Interest, Lifted Range to $1,150,000-$1,250,000

199

TOTAL BUYER ENQUIRIES

9

OFFERS AT DEADLINE

SOLD FOR

SOLD $1,271,000

Know who’s

in the market.

For a strategy that works, contact our team today. 03 9664 8100

SOLD 507/118 Russell St

2

Melbourne Hero

SOLD 1

0

Sale Date: 10-Sep-21 Sold Price: $520,000

810/118 Russell St Melbourne Hero

SOLD 117/61 Mackenzie St

2

Melbourne Indigo Lofts (Concept Blue)

1

1

Sale Date: 13-Jul-21 Sold Price: $720,000

Melbourne La Trobe Terrace

2

0

0

Sale Date: 24-Nov-21 Sold Price: $592,500

SOLD 10/131 La Trobe St

3

Melbourne La Trobe Terrace

SOLD 12/131 La Trobe St

1

2

1

Sale Date: 07-Dec-21 Sold Price: $965,000

SOLD 1

0

Sale Date: 25-Sep-21 Sold Price: $446,000

23/131 La Trobe St Melbourne La Trobe Terrace

2

2

1

Sale Date: 22-Sep-21 Sold Price: $720,000

SOLD 401/8 Bligh Place

4

Melbourne Leicester House

SOLD 4

2

Sale Date: 15-Oct-21 Sold Price: $4,800,000

22/57-59 Flinders Lane Melbourne Manhattan Apartments

SOLD 53/57-59 Flinders Lane

1

Melbourne Manhattan Apartments

1

0

Sale Date: 08-Oct-21 Sold Price: $348,000

Melbourne Merrigold on Collins

1

1

0

Sale Date: 14-Oct-21 Sold Price: $392,500

SOLD 54/57-59 Flinders Lane

1

Melbourne Manhattan Apartments

SOLD 43/243 Collins St

1

1

0

Sale Date: 15-Nov-21 Sold Price: $355,000

SOLD 1

0

Sale Date: 20-Nov-21 Sold Price: $485,000

306/1 Manchester Lane Melbourne Merrigold on Collins

1

1

1

Sale Date: 23-Sep-21 Sold Price: $312,750

SOLD 406/9 Degraves St

1

Melbourne Mutual Building

SOLD 1

0

Sale Date: 12-Oct-21 Sold Price: $380,000

610/29 Market St Melbourne Port Authority

SOLD 905/29 Market St

2

Melbourne Port Authority

1

1

Melbourne Regent 187 On Collins

0

Sale Date: 01-Dec-21 Sold Price: $280,000

51/187 Collins St

2

Melbourne Regent 187 On Collins

SOLD 2

1

SOLD

Sale Date: 26-Nov-21 Sold Price: $450,000

57/187 Collins St

1

1

0

Sale Date: 10-Aug-21 Sold Price: $860,000

SOLD 1

0

Sale Date: 04-Dec-21 Sold Price: $780,000

503/296 Flinders St Melbourne Rocke Tompsitt

1

1

0

Sale Date: 09-Nov-21 Sold Price: $330,000

SOLD 604/296 Flinders St

2

Melbourne Rocke Tompsitt

SOLD 2

0

Sale Date: 16-Nov-21 Sold Price: $801,000

1/27-29 Flinders Lane Melbourne Sackville House

SOLD 11/27 Flinders Lane

2

Melbourne Sackville House

1

0

Melbourne Sefton Apartments

0

Sale Date: 10-Nov-21 Sold Price: $190,000

4/27 Flinders Lane

1

Melbourne Sackville House

SOLD 2

1

SOLD

Sale Date: 03-Aug-21 Sold Price: $675,000

12/30-34 La Trobe St

1

1

0

Sale Date: 18-Nov-21 Sold Price: $510,000

SOLD 2

0

Sale Date: 01-Sep-21 Sold Price: $658,000

16/30-34 La Trobe St Melbourne Sefton Apartments

3

2

1

Sale Date: 20-Oct-21 Sold Price: $920,000

SOLD 407/639 Little Bourke St

2

Melbourne Stadium Apartments

SOLD 1

1

Sale Date: 26-Oct-21 Sold Price: $585,000

1225/422 Collins St Melbourne Temple Court

SOLD 1117/422-428 Collins St

2

Melbourne Temple Court

1

1

Melbourne Temple Court

0

Sale Date: 18-Dec-21 Sold Price: $528,000

407/422-428 Collins St

1

Melbourne Temple Court

SOLD 2

1

SOLD

Sale Date: 20-Sep-21 Sold Price: $779,000

506/422-428 Collins St

1

1

0

Sale Date: 18-Oct-21 Sold Price: $395,000

SOLD 1

0

Sale Date: 05-Jul-21 Sold Price: $489,000

7/30 Oliver Lane Melbourne The Bond Store

3

2

2

Sale Date: 26-Nov-21 Sold Price: $2,700,000

SOLD 13/30 Russell St

1

Melbourne The Brooks

SOLD 1

0

Sale Date: 11-Oct-21 Sold Price: $592,000

18/30 Russell St Melbourne The Brooks

SOLD 403/260 Little Collins St

1

Melbourne The Canns

1

0

Sale Date: 23-Sep-21 Sold Price: $430,000

Melbourne The Foundry

1

1

0

Sale Date: 05-Sep-21 Sold Price: $450,000

SOLD 210/399 Bourke St

1

Melbourne The Foundry

SOLD 412/399 Bourke St

1

1

0

Sale Date: 28-Nov-21 Sold Price: $275,000

SOLD 1

0

Sale Date: 20-Nov-21 Sold Price: $250,000

508/399 Bourke St Melbourne The Foundry

1

1

0

Sale Date: 27-Oct-21 Sold Price: $288,000

SOLD 509/399 Bourke St

1

Melbourne The Foundry

SOLD 1

0

Sale Date: 02-Nov-21 Sold Price: $325,000

603/399 Bourke St Melbourne The Foundry

SOLD 604/399 Bourke St

2

Melbourne The Foundry

1

1

Sale Date: 29-Nov-21 Sold Price: $675,000

Melbourne The Madison

1

1

1

Sale Date: 11-Dec-21 Sold Price: $834,000

SOLD 607/399 Bourke St

2

Melbourne The Foundry

SOLD 203/39 Queen St

2

1

1

Sale Date: 22-Oct-21 Sold Price: $570,200

SOLD 1

0

Sale Date: 22-Sep-21 Sold Price: $240,000

403/39 Queen St Melbourne The Madison

1

1

0

Sale Date: 23-Sep-21 Sold Price: $238,000

SOLD 401/258-260 Flinders Lane

1

Melbourne The Majorca Building

SOLD 1

0

Sale Date: 13-Oct-21 Sold Price: $961,000

502/258-260 Flinders Lane Melbourne The Majorca Building

SOLD 1203/325 Collins St

1

Melbourne The Mark

1

0

Sale Date: 30-Sep-21 Sold Price: $405,000

Melbourne The Mark

2

1

0

Sale Date: 23-Oct-21 Sold Price: $720,000

SOLD 1205/325 Collins St

1

Melbourne The Mark

SOLD 203/325 Collins St

1

1

1

Sale Date: 22-Dec-21 Sold Price: $510,500

SOLD 2

0

Sale Date: 08-Jul-21 Sold Price: $649,500

903/325 Collins St Melbourne The Mark

2

2

2

Sale Date: 17-Jul-21 Sold Price: $740,000

SOLD 21/300 King St

2

Melbourne The Wiltshere

SOLD 1

1

Sale Date: 15-Nov-21 Sold Price: $1,025,000

27/300 King St Melbourne The Wiltshere

SOLD 601/394-398 Collins St

1

Melbourne Treasury on Collins

1

0

Melbourne Yarra View Apartments

1

Sale Date: 05-Aug-21 Sold Price: $933,100

803/394-398 Collins St

1

Melbourne Treasury on Collins

SOLD 1

2

SOLD

Sale Date: 02-Aug-21 Sold Price: $370,000

21/140 Flinders St

2

1

0

Sale Date: 22-Nov-21 Sold Price: $380,000

SOLD 1

0

Sale Date: 16-Jul-21 Sold Price: $461,500

53/140 Flinders St Melbourne Yarra View Apartments

1

1

0

Sale Date: 05-Aug-21 Sold Price: $499,000

SOLD 301/9 Bligh Place Melbourne

2

SOLD 2

0

Sale Date: 06-Dec-21 Sold Price: $1,400,000

102/130-132 Flinders St Melbourne

SOLD 35/32 Queens Road

2

Melbourne

1

1

Sale Date: 18-Dec-21 Sold Price: $636,000

Melbourne

2

1

0

Sale Date: 05-Oct-21 Sold Price: $720,000

SOLD 47/32 Queens Road

1

Melbourne

SOLD 9/59 Queens Road

2

1

1

Sale Date: 19-Nov-21 Sold Price: $557,500

SOLD 1

1

Sale Date: 26-Jul-21 Sold Price: $729,000

14/60 Queens Road Melbourne

2

1

1

Sale Date: 17-Nov-21 Sold Price: $750,000

SOLD 4/60 Queens Road

2

Melbourne

SOLD 1

1

Sale Date: 12-Aug-21 Sold Price: $775,000

35/78 Queens Road Melbourne

SOLD 112/23-25 Queens Road

2

Melbourne

1

1

Melbourne

1

Sale Date: 18-Dec-21 Sold Price: $450,000

116/23 Queens Road

2

Melbourne

SOLD 2

1

SOLD

Sale Date: 23-Sep-21 Sold Price: $650,000

211/23-25 Queens Road

2

1

2

Sale Date: 18-Dec-21 Sold Price: $745,000

SOLD 1

1

Sale Date: 27-Oct-21 Sold Price: $650,999

24C/23-25 Queens Road Melbourne

2

2

1

Sale Date: 23-Sep-21 Sold Price: $650,000

SOLD 38C/23-25 Queens Road

2

Melbourne

SOLD 1

1

Sale Date: 07-Aug-21 Sold Price: $660,000

508/23-25 Queens Road Melbourne

SOLD 4/58-60 Queens Road

2

Melbourne

1

1

Melbourne

2

Sale Date: 18-Oct-21 Sold Price: $694,998

5/58-60 Queens Road

2

Melbourne

SOLD 3

1

SOLD

Sale Date: 01-Nov-21 Sold Price: $717,500

21/449 St Kilda Road

2

1

1

Sale Date: 01-Jul-21 Sold Price: $750,000

SOLD 1

1

Sale Date: 09-Nov-21 Sold Price: $1,080,000

44/453 St Kilda Road Melbourne

3

1

1

Sale Date: 31-Aug-21 Sold Price: $1,100,000

SOLD 10/628 St Kilda Road

2

Melbourne

SOLD 1

1

Sale Date: 30-Nov-21 Sold Price: $905,000

12A/628 St Kilda Road Melbourne

SOLD 1/4 Warburton Alley Melbourne

3

3

3

Sale Date: 04-Oct-21 Sold Price: $2,900,000

West Melbourne

2

1

1

Sale Date: 20-Nov-21 Sold Price: $897,000

SOLD

SOLD 1/51 Stawell St

2

2

1

Sale Date: 02-Dec-21 Sold Price: $580,000

7/18 Ireland St West Melbourne

2

1

1

Sale Date: 03-Dec-21 Sold Price: $620,000

Peter, Just a quick belated note

to say thanks to you and Monika

•

Home Loans

for all your help on our recent

purchase; you simplified a very

Investment Loans

complex process and your advice

•

Personal Loans

and bolts of the finance - which

•

Business Loans

•

went far beyond just the nuts

as first home buyers we found very useful.

Thanks again,

1 8000 VINCI

Bret & Krishna.

(1800 084 624) w w w. v i n c i . c o m . a u

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If your property is exclusively listed with another agent, please disregard this communication.