The right home may
not tick every box
on your list, but it
could be a great fit
in ways you hadn’t
anticipated.
What is the best piece of advice you have received?
Take action with boldness. Essentially, if you’re going to do
something—give it everything.
With East Melbourne’s proximity to the CBD and iconic
landmarks like the MCG, how does location play into property
values and desirability?
Location is everything, and East Melbourne offers the best of both
worlds—close to the energy of the city while retaining a peaceful,
leafy atmosphere. The convenience factor is huge; residents can
walk to work, enjoy top-tier dining and shopping, and have some
of Melbourne’s best parks and sporting facilities right on their
doorstep. Iconic landmarks like the MCG and Fitzroy Gardens also
add to the suburb’s prestige, making it one of Melbourne’s most
desirable addresses. This exclusivity means properties here are
always in demand, with buyers willing to pay a premium for the
lifestyle and convenience.
For sellers, what strategies do you advise to maximise the value
of a heritage property in today’s market?
The key is to highlight the home’s unique character while ensuring
it’s presented in the best possible light. Buyers here love the charm
that comes with the area, so maintaining and showcasing the
property’s original features, such as working fireplaces, restoring
stain glass windows and original floorboards will help make the
heritage features sing. Staging is also crucial—carefully styling
the space to complement its heritage while making it feel fresh
and inviting. Many properties in East Melbourne also showcase
stunning Victorian-era façade, wrought-iron lacework, and spacious
proportions that are hard to find in modern builds. Making sure the
styling and property photography showcases the unique quality of
these homes is the final step.
For buyers looking to secure a home in such a competitive and
tightly held market, what advice would you give?
My advice to buyers is to act quickly and be prepared. Be ready to
make an offer when you find the right property—properties here
don’t stay on the market for long. It’s also helpful to stay flexible and
open-minded; sometimes, the right home may not tick every box on
your list, but it could be a great fit in ways you hadn’t anticipated.
What is a must-read book or podcast you recommend?
Book – The Magic of Thinking Big
Podcast – The Diary of a CEO is my go to
Sold by Peter Hannon
36 Berry Street, East Melbourne
Peter Hannon
Licensed Estate Agent & Auctioneer
Jellis Craig Stonnington, Richmond & Surrounds
M 0419 158 427
Coffee
Square and Compass
Dinner
Rocella
Activity
Rugby or AFL match at the MCG.
I love the tennis in January.
Drink
Tippler & Co
If you had family visiting from Ireland,
where would you take them?
April 2025
In Focus Magazine
15