Banyule Homestead went up for auction on Saturday 16th May 2015 and sold for $5.2 million. Unfortunately only registered bidders could gain access to the interior of the homestead on the day, leaving lesser mortals to mill on the lawns outside.
This front right hand side of the property is largely intact from its 1846 appearance
The building to the left is an addition that blends in well.
The windows have been filled in at some stage
The front door with its National Trust plaque showing that the house has an A classification
The auction was held at the rear of the property. Bidding started at $4 million, initially at $100,000 increments, then smaller. Progress was boosted considerably by a $500,000 bid that took it from $4.5 million to $5 million. It was purchased by a very young-looking couple for $5.2 million.
This rear section was added in 1911.
The portion to the right is original
The stucco was different on this original part of the house
The part of the roof with four chimney pots is original. A four-car garage and new kitchen area was added in the last 20 years
Interesting chimney pots
The view from the back is spectacular. There’s nowhere else that you can get this outlook which makes the loss of this property from public ownership and access even more regrettable.
The Age has a good article on the auction, complete with video.
Well, well, well- look at what’s back on the market.
The advertisement with more beautiful pictures is here. The auction is scheduled for 16 May 2015.
For more about the history of Banyule Homestead, please visit my other site:
Well, well, I see that Banyule Homestead is on the market with expressions of interest closing on the 8th May 2014. It looks absolutely magnificent.
I note with some concern that the advertisement refers to “scope for a 3/4 lot land sub-division (STCA). “ I hope that any new buyer of Banyule Homestead knows that it is a property loved and valued by many, many people in the community. My dearest wish is that the new purchaser nurtures the property in its entireity as a landmark of Melbourne, splendid in its surroundings.
For more about Banyule Homestead, visit my other blog at