Modest Williamstown home sells for $5m
The four-bedroom property at 38 Hanmer St crack the $5m mark, where a comparable property recently sold for $4.6m.
The home was combined with an architect-designed two-bedroom residence built from a converted garage during the Covid pandemic.
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The Agency Williamstown's Noah Lautman-Wurt said it was the flexible second dwelling that helped elevate interest beyond the usual premium benchmark.
'The front house had already been renovated to a very high standard, but the rear dwelling really offered that extra layer of flexibility that's so rare, whether for multigenerational living, renting out, or guests,' Mr Lautman-Wurt said.
Designed by Roam Architects, the rear home — dubbed the 'Small House' — includes two bedrooms, two bathrooms, sculptural ceilings, a full kitchen and private courtyard, with Murphy bed functionality and adaptable zones that can serve as a home office, guest wing or teen retreat.
Built by the owner, a local builder who had lived in the property for more than a decade, it was originally a garage before being transformed during Melbourne's Covid lockdowns.
Mr Lautman-Wurt said the level of finish and maintenance across both dwellings gave buyers added confidence.
'It gave buyers confidence, this wasn't a cosmetic update or a flip,' he said.
The Agency agent confirmed the home had sold to a local family who were drawn to the lifestyle and separation the layout allowed, particularly for ageing parents or older children still living at home.
The front home retains its period character with high ceilings, ornate details and a skylit ensuite, but adds a freestanding tub, a solar-heated pool and spa, hydronic heating and stone finishes throughout, including an oversized family kitchen.
Mr Lautman-Wurt said the campaign had been emotional for the sellers, who had raised their children in the home and lived in both dwellings across different seasons of life.
'The energy in the house was beautiful,' he said.
He added the $5m result reflected continued strength in Williamstown's prestige market, with a small pool of buyers waiting for standout homes with land, heritage and modern liveability.
'There's always been a group of buyers waiting for the right home at this level, and they're willing to act when something like this comes up,' he said.
The sellers are now downsizing, with the sale paving the way for their next chapter.
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