A Hawthorn residence linked to iconic entertainer Barry Humphries, higher often called Dame Edna Everage, has bought $285,000 above expectations.
The 43 Brook Street residence was purchased by the comic’s late brother Michael Humphries, who lived subsequent door and needed to make sure it will not be developed.
Whereas Mr Humphries purchased the house for simply $368,000 in 1999, it yesterday bought for $2.485m in an executors public sale the place seven bidders pursued the house.
And in an amusing twist, the customer was a former pupil of the one-time librarian who labored at Melbourne Excessive Faculty.
The customer requested to stay nameless, however stated he remembered Mr Humphries as a “outstanding particular person”.
The home will now change into his household residence and he seems to be ahead to creating good use of its in depth yard and the park over its again fence.
Woodards auctioneer John Piccolo stated patrons have been ready to pay a premium for such houses.
Mr Piccolo added that the end result, together with quite a few sturdy ones in current weeks, hinted economists and pundits predicting a 20 or 30 per cent discount in residence values had been confirmed improper.
“They could have come again 5 per cent within the mainstream, however proper now the market jogs my memory of the growth time in 2017,” he stated.
The executors for the sale, Penelope Johnson and Barbara Jones — Mr Humphries’ sister, stated they have been thrilled with the end result.
“It was past what we have been anticipating, but it surely was an in depth property and it was onerous to know what it will go for,” Ms Johnson stated.
The highly-sought avenue and leafy park to the rear of the three-bedroom residence have been a part of what he had cherished in regards to the neighbourhood, they added.
Earlier this month a three-bedroom residence at 31 Irving Avenue, Prahran, that was additionally a part of his portfolio bought for $1.363m.