A four-bedroom home in Wheelers Hill sold at auction for $1.39 million on Saturday, after five families pushed the price more than $100,000 over the reserve.
The clinker brick house, at 4 Samantha Close, is minutes from Jells Park and Caulfield Grammar. With underfloor heating, a glass-covered sitting room overlooking the yard, and a chair lift for accessibility, it had a price guide of $1.18 million to $1.28 million.
Biggin Scott agent and auctioneer Lindsay Xu said bidding had started low, at $1 million.
Three bidders nudged the price up slowly, she said, albeit in $100,000 and $50,000 increments, before it hit the $1.25 million reserve.
Xu said another two families joined the fray once the property was declared on the market.
Bids went up by $10,000 and $25,000, then went down to smaller $2000 and $3000 increments, before the hammer came down, she said.
The sitting room, with glass atrium, at 4 Samantha Close, was a draw card for bidders.Credit: Biggin Scott
“The buyers bought this one to live in now,” she said. “They had already sold their own house and just wanted to find another one in the area.”
Xu thought a long weekend, and not many auctions to compete with, helped the house draw a large crowd, and a number of families ready to bid.
