Melbourne Family Buys $1.39M Home Featuring Sunlit Atrium
A family in Melbourne has recently purchased a stunning four-bedroom residence in Wheelers Hill for $1.39 million. The auction took place on Saturday, seeing intense competition from five interested parties, which ultimately drove the price significantly higher than the set reserve.
Overview of the Property
The clinker brick home, located at 4 Samantha Close, boasts several appealing features including:
- Sunlit atrium in the glass-covered sitting room
- Underfloor heating for added comfort
- A chair lift enhancing accessibility
Its proximity to Jells Park and Caulfield Grammar makes it an attractive choice for families.
Auction Details
On auction day, the bidding opened at $1 million, below expectations. Initially, three bidders incrementally raised the price, first by $100,000 and $50,000, until it met the $1.25 million reserve.
As the property was officially put on the market, two additional families began bidding. The amounts fluctuated, with the bids increasing in $10,000 and $25,000 increments before settling into smaller bids of $2,000 and $3,000. Ultimately, the final bid culminated at $1.39 million, effectively closing the auction.
Market Insights
Lindsay Xu, the Biggin Scott agent and auctioneer, noted that the timing of the auction, coinciding with a long weekend and limited competing sales, attracted a substantial crowd. Xu remarked on the buyers’ intentions, stating, “They bought this one to live in now. They had already sold their own house and just wanted to find another one in the area.”
Conclusion
The sale of this Wheelers Hill property highlights the growing demand for homes in Melbourne, particularly those featuring unique amenities such as a sunlit atrium. As families continue to seek out comfortable and accessible living spaces, properties like this one will likely remain in high demand.
