“It’s been a massive year at Portsea and Sorrento,” says Kay & Burton Porstea Director Liz Jensen.
“It’s been better than 2016-17, and we’ve had as many sales in winter as in summer.”
“In-season” sales from November to March were $60,817,500.
“Out-of-season” sales from July to October and April to June accounted for $68,334,750.
The average sale price was $2.189 million.
From multi-million-dollar clifftop stunners to much-loved old holiday homes, and one-bedroom units, Kay & Burton had the market covered.
At the top end of the market, 3808 Point Nepean Road Portsea, a clifftop residence on approximately 2,000 square metres with swimming pool, views over the water and private steps down to the beach, sold for more than $13 million.
A fully renovated French Mediterranean- style home with four bedrooms, and four bathrooms at 3732 Point Nepean Road, Portsea, fetched more than $6 million.
But sales were not only at the top end of the market. In March, a four-bedroom, much-loved and tightly held beach house at 8 Grandview Avenue Rye sold for $680,000. An iconic beach house, surrounded by ancient Moonah trees at 4 John Bertram Drive, Sorrento, sold for $786,000 in May this year.
All of which shows that for all homes and in all seasons, vendors prefer Kay & Burton.