Buyers agent Nicole Jacobs, of Nicole Jacobs Property, says while the price is certainly “up there”, it could be attainable in the top-end Melbourne market which she believes is holding up well among “majority cash buyers” who are not as constrained by hiking interest rates.
“If you look at some of the Toorak sales that have been up to $80 million, for a knock-down basically, then this guide over an acre in a great suburb is actually achievable,” Ms Jacobs said. “Will there be a hundred people looking at it? Probably not. But there will be a handful of qualified buyers at this level.”
Whether Avon Court, Shrublands, or Hains’ estate disappears from market first remains the $40 million question.and Liberal Party stalwart Helen Coonan has sold her Woollahra home for about $6.8 million in the last week. The 1930-built art deco home on a 600-square-metre block landed on the market just before Christmas, with a $7 million guide.
Helen Coonan’s Woollahra art deco property has recently sold after hitting the market just before Christmas.Horne Double Bay’s Richard Faludi, who declined to comment on the specifics surrounding the sale. The four-bedroom home last traded for $2.755 million in 2013. Ms Coonan was a share owner in the house, alongside her son, EY partner Adam Coonan, and his wife, Candice Bailey, according to property documents.
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