Brief
North Melbourne defender Luke McDonald’s Kensington terrace sells for $1.06 million
The property changed hands to first‑home buyers after a rapid 40‑second auction on Saturday.
By Felo News Desk · Published
On Saturday, a two‑bedroom corner Victorian terrace on Albermarle Street in Kensington sold for $1.06 million at auction, according to the Sydney Morning Herald. The home had been owned by North Melbourne AFL defender Luke McDonald since 2018.
What happened
The property was listed with a price guide of $900,000–$990,000 for its final auction weekend before new legislation requiring vendors to disclose reserves at least seven days in advance takes effect on October 16. Auctioneer Ryan Currie, representing Nelson Alexander Flemington, opened the bidding with a $900,000 vendor bid, which was matched by a genuine bid. Subsequent bids rose to $920,000, $940,000 and, within ten seconds, to the $990,000 reserve. The auction concluded in less than 40 seconds, with the final hammer price reaching $1.06 million.
What the report adds
Currie said the rapid pace meant “the whole auction was done in less than 40 seconds”. He also noted the vendor was on holiday and McDonald’s sister attended the auction while on the phone to him. The buyers were a couple renting nearby, described as first‑home buyers. The sale was one of 698 properties scheduled for auction in Melbourne that week.
What was said
Ryan Currie told buyers he had “pre‑empted the new legislation” and announced the reserve of $990,000 in his pre‑auction remarks. He added that the vendor was “sunning himself [on holiday]”.
How it came about
McDonald and his wife Brooklyn initially lived in the Kensington terrace and kept it as an investment. The home had been updated with polished floorboards, an open‑plan living and dining area, a new kitchen and bathroom, and a landscaped garden while retaining its classic façade.
Key facts
- Luke McDonald’s two‑bedroom Victorian terrace in Kensington sold for $1.06 million at auction. (smh.com.au)
- The auction lasted less than 40 seconds and reached the reserve of $990,000 within ten seconds. (smh.com.au)
- The sale occurred one week before new reserve‑disclosure legislation takes effect on October 16. (smh.com.au)
- The buyers were a local couple renting nearby, purchasing their first home. (smh.com.au)
- The property was one of 698 homes scheduled for auction in Melbourne that week. (smh.com.au)
Sources
- [1] smh.com.au — originally reported as “Luke McDonald property sale: North Melbourne defender’s Kensington terrace sells for $1. 06 million at auction”
