Altona Bay Estate 1st Grand Subdivisional Sale 1888
1 part of a 4 part auction estate sale series. These Altona Bay Estates were from 1888 through to 1890. Note that part 2 (2nd) is not publicly available yet. I could only source 1, 3, 4.
Artwork covers these streets: Nellie Street (Civic Parade), Blyth Street, Queen Street, Esplanade, McBain Street, Sargood Street, Pier Steet, Bent Street, Davies Street, Mount Street, Railway Street North, Railway Steet South.
History: The first sale took place on 8 September 1888, with special trains running from Spencer Street railway station and steamers leaving from Queens Wharf and also from Sandridge (Port Melbourne). A vast multitude of about 3,000 people arrived at the sale and just after 3 p.m., the advertised starting time, the Auctioneer and Company Director, Mr. Peryman mounted the rostrum and commenced the sale. The first lot sold (No. 19) situated on the comer of the Esplanade and Pier Street was sold for £13 ($26) a foot frontage after the bidding started at £5. On the first day of selling, 281 lots were sold and over the following five weeks a further 717 lots were sold but within two years land prices and sales crashed taking a number of casualties with it who were heavily mortgaged based on values that were no longer there.
While a large number of lots were sold by 1915 the population of what was now Altona was about 50 people with 15 dwellings but Altona or as it was then referred to ‘Altona Bay’ had been born and named.
1 part of a 4 part auction estate sale series. These Altona Bay Estates were from 1888 through to 1890. Note that part 2 (2nd) is not publicly available yet. I could only source 1, 3, 4.
Artwork covers these streets: Nellie Street (Civic Parade), Blyth Street, Queen Street, Esplanade, McBain Street, Sargood Street, Pier Steet, Bent Street, Davies Street, Mount Street, Railway Street North, Railway Steet South.
History: The first sale took place on 8 September 1888, with special trains running from Spencer Street railway station and steamers leaving from Queens Wharf and also from Sandridge (Port Melbourne). A vast multitude of about 3,000 people arrived at the sale and just after 3 p.m., the advertised starting time, the Auctioneer and Company Director, Mr. Peryman mounted the rostrum and commenced the sale. The first lot sold (No. 19) situated on the comer of the Esplanade and Pier Street was sold for £13 ($26) a foot frontage after the bidding started at £5. On the first day of selling, 281 lots were sold and over the following five weeks a further 717 lots were sold but within two years land prices and sales crashed taking a number of casualties with it who were heavily mortgaged based on values that were no longer there.
While a large number of lots were sold by 1915 the population of what was now Altona was about 50 people with 15 dwellings but Altona or as it was then referred to ‘Altona Bay’ had been born and named.
1 part of a 4 part auction estate sale series. These Altona Bay Estates were from 1888 through to 1890. Note that part 2 (2nd) is not publicly available yet. I could only source 1, 3, 4.
Artwork covers these streets: Nellie Street (Civic Parade), Blyth Street, Queen Street, Esplanade, McBain Street, Sargood Street, Pier Steet, Bent Street, Davies Street, Mount Street, Railway Street North, Railway Steet South.
History: The first sale took place on 8 September 1888, with special trains running from Spencer Street railway station and steamers leaving from Queens Wharf and also from Sandridge (Port Melbourne). A vast multitude of about 3,000 people arrived at the sale and just after 3 p.m., the advertised starting time, the Auctioneer and Company Director, Mr. Peryman mounted the rostrum and commenced the sale. The first lot sold (No. 19) situated on the comer of the Esplanade and Pier Street was sold for £13 ($26) a foot frontage after the bidding started at £5. On the first day of selling, 281 lots were sold and over the following five weeks a further 717 lots were sold but within two years land prices and sales crashed taking a number of casualties with it who were heavily mortgaged based on values that were no longer there.
While a large number of lots were sold by 1915 the population of what was now Altona was about 50 people with 15 dwellings but Altona or as it was then referred to ‘Altona Bay’ had been born and named.