Downsizing Terry McCrann lists longtime Camberwell home
The downsizing News Ltd economic columnist Terry McCrann has listed his longtime Camberwell family home.
It last traded in 1980 at $86,250.
It has been listed by Jellis Craig agents Chris and Michael Hingston who are telling inspectees around $2 million is expected at its 16 May auction.
Houses on the road have sold for as high as $2.3 million, with the last sale a $1.95 million in late 2014.
Nothing about picking the potential peak in the ever-confident eastern suburbs Melbourne residential market, just apparently time to permanently move for the family.
Imagine all the columns written in the home office - he reaches a bigger audience than any other columnist in Australia. Educated at Melbourne Grammar and Monash University where he obtained an Honors Degree in Economics, he has worked for the Sun News-Pictorial, the National Times, The Age and then at Rupert Murdoch’s News Corporation ever since 1987.
There was even a time in the crazy days of the late 1980s boom when his Camberwell phone was bugged.
A bugging device was attached to the telephone pole across the road with conversations taped in the secret operation code-named Willeton coming at the height of the Bond Corporation battle against the Holmes à Court cash-rich company, Bell Resources Ltd.
The device on Terry McCrann's phone was discovered by Telecom workers checking the line who reported it to the Federal Police.
Set behind bushy gardens, the four bedroom home comes with free standing studio served by its own bathroom on the 950 square metre block.
The McCrann's are likely to live in a city apartment where they will be close to the art galleries where Tittle Tattle often sees the art devotees in between his economic edicts.
The latest was the economentariat hadn’t got the memo: "2015 was — and still is — going to be the year of month to month uncertainty about interest rates.
"The economentariat was broadly taken by surprise by the opening February rate cut.
"It was again, broadly, surprised — and narked — by the RBA’s “failure” to deliver a second cut in March.
"And then was quite beside its collective self that it again failed to cut in April."