A mystery sale has rocked Melbourne’s property market as Nadia Bartel quietly offloaded her home in a closed-door auction, with the final price hidden from the public.
Nadia Bartel has quietly offloaded her Windsor home in a mystery deal, with the final sale price kept under wraps.
The former AFL WAG sold the luxury property behind closed doors on Saturday, with the result withheld at the vendor’s request despite price hopes of $3m-$3.2m.
Jellis Craig agents David Sciola and Carla Fetter declined to comment on the sale.
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The tightly held result comes as Melbourne’s auction market softens, with fewer bidders and more deals shifting behind closed doors.
PropTrack data shows Melbourne recorded a preliminary clearance rate of 59 per cent, with 422 homes sold.
Industry Insider Property director and prestige buyers agent Andrew Date said the result pointed to a more price-sensitive market, particularly as listings surge ahead of the Easter slowdown.
“Properties are still transacting, but the market has become far more price-sensitive,” Mr Date said.
Inside the home Nadia Bartel sold in secret, with its final sale price withheld after a closed auction.
Nadia Bartel has quietly sold her Prahran property, with the result kept strictly confidential at her request.
“Where we’re seeing properties pass in, it’s generally a mismatch between vendor expectations and what buyers are prepared to pay right now.”
Mr Date said there had also been a clear shift toward quieter deal making at the top end of the market.
“There’s a shift toward off-market deals in the prestige space,” he said.
“High-end buyers and vendors are often opting for more discreet transactions rather than going through a public auction campaign.”
Industry Insider Property director Andrew Date says Melbourne’s market has become “far more price-sensitive” as buyer caution grows.
Ray White’s Jacob Biviano revealed four of seven auction sales had just one bidder, highlighting softer competition.
At Ray White Mount Waverley’s Jacob Biviano said his office had sold seven of nine auction properties, but warned the strength of results masked weaker competition.
“Four of the seven sales only had one bidder,” Mr Biviano said.
“That’s probably the most accurate snapshot of where the market is right now.”
Mr Biviano said buyers remained active but increasingly cautious.
“People are still interested, but they’re more measured,” he said.
“They’re not stretching as far, and in many cases they’re keeping their hands in their pockets.”
Woodards director Cameron Way says vendors must stay flexible as shifting conditions force price expectations to adjust.
Woodards Blackburn director Cameron Way said his office recorded a 50 per cent clearance rate, with three of six auctions selling.
“We’re clearly in a shifting market,” Mr Way said.
“The strongest results were where vendors were realistic on price, while others required negotiation after the auction.”
Mr Way said flexibility had become critical as sentiment softened.
“When confidence drops, buyers become more cautious and vendors need to respond to that in real time,” he said.
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