Real Estate

buddy franklin hopes to score sale at donvale auction

Written by The ReReport

Buddy Franklin is taking his Donvale house to auction this weekend.

AFL superstar Lance Franklin is looking to kick a goal at auction this weekend.
The Hawk-turned-Swan is one of 1074 homeowners hoping to sell at auction this week as numbers rebound after last week’s Melbourne Cup lull.
The footy hero’s four-bedroom house at 14 Woodhall Wynd in Donvale will head under the hammer at 1pm on Saturday, November 10, with a price guide of $1.35-$1.425 million.

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Melbourne v SydneyThe Swans star lived at the home briefly before moving to Sydney. Picture: Michael Klein

Inside 14 Woodhall Wynd.

It has a price guide of $1.35-$1.425 million.

Franklin lived at the property for a short time before moving to Sydney in 2013. His father, Lance Snr, moved in after his son’s departure but is now moving back to Western Australia.
Jellis Craig Ringwood director William Lyall said the price guide had been revised down slightly from $1.4-$1.5 million, to account for the softening market.
“The Manningham area has lower clearance rates than other parts of Melbourne and the price point has been well received since it came back a little,” he said.
“It’s been a good campaign with a lot of young families interested in putting their hand up at auction.”

Mr Lyall said the area had seen poorer clearance rates than other parts of Melbourne.

Family buyers have been interested in the home.

CoreLogic records show the four-time Coleman medallist bought the property for $863,500 in July 2008, a few months before winning his first premiership with Hawthorn.
Lance Snr lived at the property for the majority of younger Franklin’s ownership, keeping a room full of mementos of his son’s footballing triumphs.
“The rumpus room upstairs was wall-to-wall, floor-to-ceiling memorabilia,” Mr Lyall said.
“Ranging from Buddy’s under-18 and state rep days in WA, through to All-Australian things and premierships with the Hawthorn footy club and a little bit of Swans stuff in there as well.”

BrownlowJesinta and Lance Franklin on the 2018 Brownlow Medal red carpet. Picture: Michael Klein

The backyard provides a tranquil retreat.

Melbourne’s auction market took a back seat to horse racing last week, with just 266 homes going under the hammer.
The final clearance rate came in at 45.7 per cent, the third consecutive week below 50 per cent.
CoreLogic’s national head of real estate Geoff White expects a similar figure this week.
“I think it’s still likely to be around 45 to 50 per cent, and while it would be a surprise if it went lower, it’s hard to predict at the moment,” he said.

2008 Grand Final. Hawthorn v Geelong. MCG. Lance Franklin is embraced by his dad Lance.Lance Franklin with his dad, Lance Snr, after the 2008 Grand Final win.

The property has four bedrooms.

He said stock levels were likely to pick up as people looked to secure a sale before the Christmas silly season.
“If you’re wanting to have a sold sticker on the board before Christmas, get your running shoes on,” he said.
“Buyers’ New Year resolutions will be coming into play now and the market is great to buy in, too.”

It is one of 1074 homes going to auction across Melbourne this week.

It could be Melbourne’s fourth week in a row with a clearance rate below 50 per cent.

Mr White said the state election on November 24 meant Melbourne was due for a bumper start to December.
“Some vendors decide they don’t want to hold an auction on election day, so we’ll see some of the biggest auction weekends on the 1st and 8th of December,” he said.
“Between now and Christmas it’s going to be business as usual in terms of volume, clearance rates and activity, so we’ll see how the results play out.”
Mt Waverley is set to be the nation’s busiest auction suburb, with 18 scheduled, followed by Richmond with 17 and Bentleigh East with 16.

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