A clinker brick house, featuring a light-filled atrium, has sold for $1.39 million in Melbourne's Wheelers Hill. The property, located at 4 Samantha Close, was one of 489 homes scheduled for auction on Saturday, a number described as "fewer than usual" due to the long weekend. Competition was significant, with five interested parties driving the final price. The sale highlights ongoing demand for Melbourne residences, particularly those offering distinctive amenities.
Auction Dynamics and Buyer Interest
The bidding intensified once the property was officially on the market, with two additional families joining the initial interest. This surge in competition reportedly pushed the final sale price substantially beyond the set reserve.
Property Highlights and Location
The clinker brick residence is situated at 4 Samantha Close, offering proximity to landmarks such as Jells Park and Caulfield Grammar. Among its noted features are:
A sunlit atrium within a glass-covered sitting room.
Underfloor heating.
A chair lift, suggesting a consideration for accessibility.
A north-facing courtyard.
The vendors, described as investors who had owned the home for a decade, had maintained the same tenants throughout their ownership.
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Broader Market Context
This sale occurs against a backdrop of reported continued demand for homes in Melbourne. Properties boasting unique features, like the sunlit atrium in this case, are seen as remaining desirable. Separately, an earlier report from June 2015 detailed a different Melbourne luxury home, 'Malvern House', selling for nearly $1.4 million above its reserve price. That property, an Edwardian estate, was eyed for potential development as a luxury apartment complex by both local and overseas investors.