71 Mason St, Hawthorn, passed in at auction — despite a social media shout out from former resident, Robert ‘Dipper’ DiPierdomenico.
The spring auction market has wrapped up with mixed results as Melbourne recorded more than 780 sales, but the childhood home of an AFL legend passed in.
PropTrack data shows 67 per cent of the 1168 auction results reported yesterday were a win for sellers, in keeping with recent weeks — despite the number of homes going to auction being well past 1000 every week since the Melbourne Cup.
Unfortunately, the Hawthorn home that Robert ‘Dipper’ DiPierdomenico grew up in was not among them.
RELATED: Abandoned Cockatoo mansion set for Grand Designs-style makeover
Melbourne renters face $10,000 rent rise, landlords push for more
Filmmakers Nadia Tass and David Parker list South Yarra home linked to hit flick Malcolm
Kay & Burton auctioneer Scott Patterson said while the home at 71 Mason St had passed in without a bid, there had been interested parties in the crowd and they would work with them over the next few weeks.
“We are expecting over the next few weeks to have a few people bounce around from property to property and hopefully secure a buyer in the near future,” Mr Patterson said.
Dipper took to social media ahead of the sale to espouse the four-bedroom home’s virtues, including that it was where he first kicked a footy.
The AFL legend went on to win five premierships and a Brownlow Medal in his career.
The home is now listed for salt at $3.25m, in the middle of the $3.1m-$3.4m price guide set ahead of the auction.
71 Mason St, Hawthorn, is the home where Rober DiPierdomenico first kicked a footy, but his brother was left holding the ball after it passed in at auction yesterday.
The home has now been listed for sale at $3.25m.
Real Estate Institute of Victoria president Toby Balazs said it had been a “solid spring” and had offered a “good, balanced market” for buyers and sellers.
While the number of homes testing the market surged, auctioneers have indicated those that missing out under the hammer are selling within a week or two of their planned sale date.
The final few weeks of the year’s auction calendar are expected to bring two more super Saturday sales events on December 6 and 13, before dropping off substantially to a few hundred on the 20th.
“So you can expect reasonable auction activity right to the 20th of December this year,” Mr Balazs said.
474 Rae St, Fitzroy North, set the benchmark for auctions on the final Saturday of spring with a $3.1m sale.
33 Fyffe St, Thornbury, was the second most expensive home sold at auction yesterday with a disclosed price at $3.066m.
While the REIV is anticipating no change to the nation’s mortgage rates next month and a continued balanced market to wrap up 2025, how next year kicks off could be impacted if there was an interest rate hike from the Reserve Bank on December 9.
“If we did get a rate increase in December that would be an unexpected increase for vendors who are planning for the next six month period; that could get them to rethink when they will bring their home to the market,” he said.
“It could have an impact on listings coming on to the market at the start of the year.”
Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox.
MORE: Comic Joe Avati to sell Preston townhouse after five-year saga
Home affordability shock: typical Victorian priced out of most homes
Filmmaker Peter Dickson selling Point Lonsdale creative retreat
English (US) · 