The single-fronted,three-bedroom home boasted period features and more space than meets the eye.
Two bidders slugged it out during the ultra-fast auction for the four-bedroom home,which was over in just a few minutes.
Hot competition pushed the sale price more than half a million dollars above the reserve at auction as four families competed for the home.
Three young families competed for the keys to the renovated California Bungalow,pushing the price $140,000 above the reserve.
Melbourne’s median house price is above $1 million,but some buyers have managed to purchase in inner suburbs on that budget.
After beating two other young couples,the winners of a competitive auction will live in the two-bedroom townhouse,while their parents live nearby.
It’s the cheapest ground floor unit on the water available in the exclusive suburb,and the buyer had already picked it out before it was for sale.
From a luxe house with theatrical flourishes in Brighton,to a funky Fitzroy apartment,here are seven of the best.
Buyers fought hard to secure family homes in sought-after suburbs at the weekend,as Melbourne’s first auction weekend for the year began with high volumes.
Buyers remained silent on the auction floor – only making a move after the fall of the gavel – in a bid to try to take advantage of the slower Melbourne market.
A select few suburbs in Melbourne recorded clearance rates approaching 90 per cent over 2023,much higher than their neighbours.