Ignorance reigns after private Kew boardroom auction outcome whispers
A private auction for a Kew property has everyone talking in Melbourne's inner east.
But without price confirmation until settlement, much of the chatter is ill-informed.
The Australian Financial Review advised the private auction secured a bullish $5.6 million price for 10 Blythswood Court.
Expectations, they wrote, had been in the high $4 millions and the highest pre-auction expression of interest was reportedly $5.1 million.
The Age had previously reported pre-auction the Smorgon family had price expectations of near $6 million.
Then there were weekend News Ltd reports that it sold for more than $5.75 million.
"It is understood six bidders fought for the four-bedroom home and that it sold for more than its quoted price guide of $5.75 million-plus," the report said.
The selling agents clearly aren't that helpful with any confirmation, given it was a supposed private auction, so sadly the market remains ill-informed.
The riverside family estate sits on a 3,354 square metre holding with gas-heated in-ground pool and floodlit North-South tennis court.
Kay & Burton sold it in conjunction with Castran Gilbert Real Estate.