Injured AFL Roo Daniel Wells sells Port Melbourne cottage to Cat rival

Injured AFL Roo Daniel Wells sells Port Melbourne cottage to Cat rival
Jonathan ChancellorDecember 7, 2020

The AFL North Melbourne Roos footballer Daniel Wells has secured $1,005,000 for his 1880s Port Melbourne home turned investment property.

The two-time club champion, who has taken to 3AW football special comments broadcasting after injuring his foot, paid $585,000 in 2004. 

Wells had made his debut for North in 2003, North's highest ever draft selection, having been born in Port Lincoln, South Australia, and moved to Kalgoorlie and then to Perth as a child.

He initially lived at the Albert Street, Port Melbourne property but then on marrying school teacher, Mariangela Laudato rented it out in 2006 asking $480 a week. It came with a $510 asking price in 2008, and most recently at $560 a week in 2010.

The hockingstuart agents for the three bedroom Victorian cottage with 112 square metre space had been quoting in excess of $800,000, then $850,000. There were the three bidders.

The whispers were it was bought by a Geelong footballer.

It was marketed on realestate.com.au as: "Ready to move in for immediate enjoyment with an exciting scope to further improve or further extend (STCA) if so desired."

Melbourne’s weekend auction market had a clearance rate at the weekend of 71.4%, according to Australian Property Monitors.

Down on last weekend’s two-month high 74.6%, which was revised with late results to 72%, it was well ahead of the 66.3% recorded over the same weekend last year. 

Around 458 auctions were conducted at the weekend which was higher than the 363 conducted over the same weekend a year ago.

Melbourne’s outer east was the best district with 79% sales success.

The most expensive property reported sold at auction at the weekend was a five bedroom home at 21 Clancys Lane Doncaster sold for $2,350,000 by Jellis Craig.

The most affordable property reported sold at the weekend was a two bedroom unit at 3/7 Coventry Place Melton South sold for $177,000 by First National Tim Farnan. 

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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