Scott Pendlebury's off field Albert Park Anzac Day weekend offering passed in
Collingwood captain Scott Pendlebury has yet to sell his former Albert Park abode (pictured above), after it was passed in at weekend auction on a $1.5 million vendor bid.
The unfurnished three bedroom house was among the 330 auctions across 158 suburbs on the Anzac Day weekend where the highest sale was 14 Hannaslea Street, Box Hill (pictured below) at $1.36 million.
Pendlebury purchased the double-fronted Victorian house at 23 Boyd Street in late 2011 for $1.3 million, as he moved from Newport.
On initial results, the REIV reported a clearance rate of 69%, the same rate as this weekend last year. It was 70% on the pre-Easter Saturday this year.
There were 242 auctions reported to the REIV taking the total this year to nearly 7,500 homes sold by auction with an average clearance rate of 71%.
Next weekend the REIV expects about 830 auctions, Enzo Raimondo the REIV chief said. Then 10/11 May with 670 auctions and 17/18 May with 650 auctions.
The busiest auction locations were Epping (eight auctions), Carnegie (five auctions), and Rye (five auctions).
The number of auctions this week was lower than the 10-year average of 517 auctions per week in April due to the timing of Anzac Day.
The REIV has noted clearance rates have trended lower since the beginning of the year although the number of transactions so far this year is about four percent higher than his time last year.
With his fiancee Alex Davis, Scott Pendlebury is now looking to buy something larger, possibly in much the same neighbourhood.
Pendlebury attended the recent no-bid auction on Nelson Road, South Melbourne (pictured below), a double-fronted five bedroom, three level Edwardian that was renovated a couple of years ago by architect Dean Lewis with interiors designed by Kerry Phelan. It has been listed with as yet unrealised $4.5 million hopes.
Pendlebury's current three bedroom home has another bedroom in a self-contained studio at the rear.
John Holdsworth, of Greg Hocking Holdsworth, was quoting $1.5 million plus in the auction guidance on the prize corner holding with central living/dining space featuring dado panelling.
In the meantime the narrower two bedroom cottage diagonally opposite has popped for May 10 auction.