Hawthorn home near Australia Post’s Ahmed Fahour hits the market

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If you’ve ever wanted to be neighbours with outgoing Australia Post boss Ahmed Fahour, now’s your chance: a late 19th-century Victorian home is on the market around the corner from the ­nation’s chief postie.

Known as Cymbeline and built around 1878, the five-bedroom residence at 31 Shakespeare Grove in Melbourne’s leafy Hawthorn is for sale and is expected to reap between $6 million and $6.5m.

Originally designed by Melbourne architects Tappin Gilbert and Dennehy, the mansion — whose vendors declined to be named — includes a library and formal and casual living space, plus private gardens.

And the high-end market in the area around the inner-eastern suburbs of Hawthorn and Kew is forging ahead, according to Sam Wilkinson, a partner in the Kay & Burton Hawthorn office.

Mr Wilkinson has an auction coming up for another residence in Kooyongkoot Road, Hawthorn, with expectations around $8m, and sold a number of homes above $5m late last year.

“In the Hawthorn and Kew family homes market, there’s certainly more comfort from buyers now in investing over $5m in a property, where it was probably previously Toorak (that) was ­considered the prestige centrepoint,” Mr Wilkinson said. “If you’re looking at local families, some of them may be living within the district already in smaller homes and they’re ready to ­upgrade.”

The average house price in Hawthorn hit $1.98m last year, up 46 per cent in only two years, according to data from realestate.com.au. Kew’s average house price rose 19 per cent in the same period to $2.19m.

“The strength at the start of the year in auction clearance rates and results across the board was all being reported very positively and we were seeing a number of properties going to auction and selling comfortably over reserve,” Mr Wilkinson said.

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