Luxury $4m Windsor home listed amid postcode gap

1 week ago 14

Park-front Victorian in Windsor hits the market after a high-end rebuild. Picture: WHITEFOX


A park-front Victorian rebuilt to Toorak-level standards has hit the market in Windsor, and the postcode gap could be worth millions.

The four-bedroom home at 17 Hornby St is being offered via expressions of interest after a full-scale rebuild that has delivered the kind of finish more commonly seen in Melbourne’s most expensive suburbs.
The home is seeking $3.6m-$3.9m price hopes.
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Whitefox Stonnington associate director Jesse Jones said the same home would likely command a far higher price if it were located just a short distance away in Toorak.

“If you placed this exact home two minutes up the road in Toorak, you’d be looking at a $6.5m price tag,” Mr Jones said.
“Here, it’s effectively half that, simply because of the postcode.”

The sale is shaping up as a clear test of how far buyers are willing to stretch for blue-chip-level quality in a suburb that has long sat in the shadow of its pricier neighbours.

Park-front Victorian in Windsor hits the market after a high-end rebuild. Picture: Whitefox


Classic Windsor Victorian facade with picket fence, iron lacework and double frontage. Picture: Whitefox


While Windsor is best known for its dining, night-life and creative energy, Mr Jones said many buyers continued to underestimate its value despite its Stonnington address, transport access and proximity to Albert Park, South Yarra and the bay.

“Windsor has always been a bit of a sleeper,” he said.
“You get the lifestyle, the walkability and the access, but without paying the full blue-chip premium attached to a postcode like Toorak.”

The crica 1880 Victorian sits directly opposite parkland and just off Chapel St, pairing a quiet, green outlook with immediate access to one of Melbourne’s busiest lifestyle strips.

Front lounge in Windsor with period detail and a fireplace feature. Picture: Whitefox


Open-plan living in Windsor flows to a private backyard built for entertaining. Picture: Whitefox


From the street, the home presents with a double frontage, white picket fence and iron lacework, while inside it retains key period features including soaring ceilings and original detailing.

Those original bones have been paired with a comprehensive rebuild designed by Odyssey Architecture, constructed by The Builders Project and finished with interiors by Jessica Coulter.

Accommodation spans four bedrooms across a flexible single-level layout, including a substantial front master suite with leafy outlooks, walk-in robe and ensuite.

Designer interiors lift the Victorian’s original character with a clean, modern edge. Picture: Whitefox


Never lived in, the Windsor home presents as brand new. Picture: Whitefox


Additional bedrooms are supported by a central bathroom, while a front lounge provides flexibility to operate as a fourth bedroom or secondary living zone.

The rear of the home opens into a light-filled living and dining area anchored by a high-end kitchen and bar, flowing into a private backyard designed for indoor-outdoor entertaining.

Mr Jones said one of the strongest drawcards for buyers was the lack of compromise, particularly in a suburb where off-street parking and privacy could be difficult to secure.

Main bedroom in Windsor with leafy outlooks, walk-in robe and ensuite. Picture: Whitefox


Central bathroom in Windsor with a soaker bath and high-end finishes. Picture: Whitefox


“In Windsor and Prahran you often see homes without parking, or renovations where buyers still have to give something up,” he said.
“At this level of finish, with secure off-street parking and park frontage, it’s extremely rare.”

The Whitefox Stonnington associate director said the home also appealed to buyers wary of renovation risk, with the property delivered as effectively brand new.

“The home has never been lived in,” Mr Jones said.
“There’s no renovation fatigue, no builder issues to work through. Someone can move straight in and enjoy it.”

Miele kitchen anchors the Windsor renovation with premium appliances and stone finishes. Picture: Whitefox


A Toorak-level finish in Windsor, blending Victorian detail with contemporary luxury. Picture: Whitefox


While Windsor has traditionally attracted younger buyers and renters, Mr Jones said the suburb was increasingly appealing to upsizers and downsizers chasing space, quality and walkability without moving further out.

“There’s a big gap in the middle of the market,” he said.
“You see homes around $2m, then others at $5m or $6m, but not much in between. This property sits right in that underserved space.”

Mr Jones said buyers were responding strongly to the contrast between the home’s calm, park-front position and its proximity to Chapel Street.

Whitefox Stonnington associate director Jesse Jones says the Windsor postcode gap can be worth millions. Picture: Whitefox


“You can walk across the road to the park, sit there on a warm night, then come home to complete privacy,” he said.
“That balance is very hard to find.”
According to PropTrack data, Windsor’s median house sale price is $1.355m, compared with $5.15m in Toorak.

Expressions of interest close Wednesday February 4 at 12pm.


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david.bonaddio@news.com.au

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