Janice and Paul Riley at their Kent Hughes Road block. Kent Hughes Road was rated by REA data as one of the top streets buyers are falling over themselves to get into. Picture: Mark Stewart
A prestigious Wheelers Hill street has trumped more fancied stretches in Toorak and Balwyn North to be crowned Melbourne’s most popular street for househunters.
Fairview Avenue came out ahead of Elsternwick’s Regent Street — which hosted model Elyse Knowles’ 2017 season of The Block — in the realestate.com.au research. It revealed the Melbourne streets that have attracted the most views for each listing over the past three years.
Rounding out the top four were Barnard Road, Toorak — once home to socialite Rose Porteous — and Agnes Avenue, Balwyn North.
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Aerial image of the towering mansions on Agnes Avenue, Balwyn North. Picture: Mark Spinosa
Developer Mark Spinosa recently sold 12 Agnes Avenue for $7m. Picture: Alex Coppel
MJ Building Group director Mark Spinosa sold two multimillion-dollar mansions on Agnes Avenue last year: No. 12 for $7m and No. 8 for $7.3m. He’s now building a third there.
Mr Spinosa dubbed it one of the city’s most exclusive streets, featuring large, flat blocks capable of housing prestige homes close to shops and the city.
“There’s a lot of wealth being pumped into that little pocket,” Mr Spinosa said.
Two Eltham stretches — Jayson Avenue and Kent Hughes Road — made the top 10.
Local Jan Riley plans to sell a home on adjoining Culla Hill when Melbourne’s COVID-19 restrictions ease to build a property on Kent Hughes Road. She has lived in three houses in the suburb over the past 40 years.
Janice and Paul Riley are building along Kent Hughes Road, Eltham. Picture: Mark Stewart
A sprawling home at 10 Kent Hughes Rd, Eltham sold for $3.7m last August.
“Part of why we’re building there is we don’t want to leave the area,” Ms Riley said. “It’s just a wonderful environment. The birdlife, the wildlife — we have kangaroos hop through the backyard and echidnas walking through.”
A sprawling seven-bedroom pad at 10 Kent Hughes Road sold last August for $3.7m.
Also in demand with househunters were blue-chip Belvedere in Kew and Bromham Place in Richmond.
Realestate.com.au chief economist Nerida Conisbee said many of the streets that attracted lots of buyer interest were aspirational.
A stately home at 1 Fairview Ave, Wheelers Hill has been on the market for 800 days.
No. 8 Barnard Rd, Toorak was on the market last year for close to $12m.
A home at 3 Fairview Avenue, Wheelers Hill sold for $4m last July.
“The fact we see so many views for homes on these streets is probably due to people dreaming about their ideal home,” Ms Conisbee said.
A surprise inclusion was Trindall Place in Taylors Lakes, which notched the sixth most views per listing.
Barry Plant Taylors Lakes agent Las Anastasiadis sold a four-bedroom house at
9 Trindall Place for $1.45m in early 2018, and said there were several “beautiful pockets” in the suburb.
No. 9 Trindall Place, Taylors Lakes sold for $1.45m in early 2018.
Buyers could land 9 Belvedere, Kew for $4.4-$4.5m.
“There are a few blue-chip locations in Taylors Lakes, but that property was just a really nice home in a nice street,” Mr Anastasiadis said.
Improved infrastructure and good schools were bringing families into the area, Mr Anastasiadis added.
“We were once considered out in the bush, but now we’re pretty close to the city,” he said.
Only streets with a minimum of five listings since June 2017 were included in the data.
MELBOURNE’S MOST POPULAR STREETS
Fairview Avenue, Wheelers Hill
Regent Street, Elsternwick
Barnard Road, Toorak
Agnes Avenue, Balwyn North
Jayson Avenue, Eltham
Trindall Place, Taylors Lakes
Belvedere, Kew
Bromham Place, Richmond
Amberley Way, Lower Plenty
Kent Hughes Road, Eltham
Seacombe Grove, Brighton
Yatama Court, Mt Waverley
View Street, Hawthorn
Wingfield Parkway, Williams Landing
Willow Street, Elsternwick
Heritage Boulevard, Doncaster
Brickworks Lane, Northcote
Grange Avenue, Plenty
Brewery Lane, Collingwood
Cloverlea Drive, Kilysth South
*Source: realestate.com.au, from July 2017 to June 2020. Ranked based on average views per listing. To be included, streets had to be within 30km of the CBD, and have a minimum of five listings and two properties sold over the three-year period.
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The post Melbourne’s most popular streets: Fairview Ave, Wheelers Hill No. 1 appeared first on realestate.com.au.