Record Price for a Melbourne House Smashed For the Third Time in Four Months
Mr Stamoulis is expected to demolish the existing federation home to build a new home – however the site could make way for several new homes, and/or a medium density development.
Indeed the Baillieu family sold off a large chunk of the family home’s former yard, which developers replaced with houses, townhouses and apartments.
Late last year a home in Shakespeare Grove Hawthorn sold for about $20.5 million (which may have included an elaborate furniture and art package), breaking a record set weeks earlier, when an Orrong Road Toorak property sold for about $19 million.