A number of homes in the top end of Melbourne’s property market are quietly changing hands including the $10 million sale of ex-Labor MP Evan Thornley’s East Melbourne residence, The Australian Financial Review reports.
Mr Thornley and his wife bought ‘Amberley’ on George Street in 2002 for $7 million.
According to the newspaper, more than 70 per cent of real estate agent Abercromby’s business has been happening off-market.
The AFR reports there have also been recent sales of homes in Hawthorn’s James Park ($7.5 million), Toorak (over $4 million) and Brighton ($7.5 million).
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Sale of ex-Labor MP's home signals stir at top end of Melbourne market.
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