Melbourne Waterfront Property Sales Boom

In Brighton, Hodges has listed a bayside mansion at 60 The Esplanade. It joins Kerrera at 84 The Esplanade, the luxury home of former JB Hi Fi boss Richard Bouris at 86 The Esplanade, and an unrenovated property a little further up the road at 158 The Esplanade, as properties seeking new owners.

In Williamstown, a home at 2 The Strand has just been listed with an expected sale price of around $2 million. Nearby in Altona, two properties on the Boulevard have been listed and are expected to sell for more than $1 million, while on the Maribyrnong River in Essendon – a property on a large block in The Boulevard is expected to fetch around $1.6 million.

A 4-bedroom home on 1760 square metres of riverfront land in Ivanhoe East has also come to the market late last month. It’s expected to fetch more than $1.65 million.

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Marc Pallisco

A former property analyst and journalist, Marc is the publisher of realestatesource.com.au.

Marc Pallisco

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