Welcome to our weekly blog series, "Results vs Quote: A Buyer Advocate Perspective." Join us as we uncover the hilarious differences between agent-quoted prices and the results. Buckle up and get ready for a roller coaster ride through the Port Phillip property market, where surprises, laughs, and real estate shenanigans await. Let's dive in and reveal the truth behind these property transactions that will leave you scratching your head and chuckling along the way asking how do the agents consistently manage to get it so wrong?
10 Martin St gets a special mention
Click on the bold links to reveal the property listing and agent price information
PORT MELBOURNE
51/2 Esplanade West – advertised $690k - $740k Passed in vendor bid, no change
181 & 181A Liardet St – advertised $830k - $890k Sold $1.08m
7 The Crescent – advertised $1.9m - $2m sold before $1.95m
12 Derham St – advertised $900k - $950k. Sold $1.01m
232 Esplanade West – quote $1.7m - $1.87m. passed in vendor bid $1.75m
10/8 Graham St – quote $825k - $875k. Sold $1.07m
G01/40 Beach St – quote $830k - $880k. Then $899k
129 Cruikshank St – quoted $1.65m - $1.7m. Passed in $1.65m, then $1.69m
ALBERT PARK
67 Page St – quote $2.6m - $2.8m. Sold $3.1m declared on the market $2.85m, 3 bidders
MIDDLE PARK
76 Park Rd – quote $3.7m - $3.9m. Passed in vendor bid $3.8m then $4.095m
SOUTH MELBOURNE
14 Kings Pl – quote $1.15m - $1.25m. Sold $1.238m
2 Emerald St – advertised $1.5m - $1.6m. Sold $1.555m
200 Napier St – advertised $1.2m - $1.3m. Sold $1.26m
148 Pickles St – advertised $1.5m - $1.6m Passed in no change
374 Park St – quote $4.0m - $4.4m. vendor bid $4.0m seeking $25k bids, passed in $4.010m, then $4.4m
10 Martin St – quoted $2.5m-$2.7m early March, then $2.3m - $2.5m, then $2.4m-$2.6m. Passed in vendor bid $2.40m, Then asking $2.65m. Then EOI 8th May quoted $2.40m-$2.60m. Sold $2.6m
ST KILDA
27 Bath St – advertised $900k - $990k. Then $985k
16 Waterloo Cres – advertised $2.3m - $2.5m. Passed no change
ELWOOD
11/7 Dickens St – advertised $690k - $740k. Sold $770k
22 John St – advertised $2.5m - $2.65m. Passed in then $2.695m
1-8/26 Byrne St – advertised $2.9m - $3.19m