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Herald Sun
2 days ago
- Business
- Herald Sun
Why this renovated Rowville home fetched $1.2m
The Rowville family home that sold for $1.2005m, more than $100k above the top of its price guide. A Rowville family who spent nearly a decade shaping their dream home have sold it for $1.2005m, more than $100,000 above the top of its price guide. Vendors Mary and Nick Nikos's renovated three-bedroom home had $1m-$1.1m price hopes, but strong interest throughout the campaign translated into fierce competition on auction day. Buxton Oakleigh auctioneer and director Peter Gigis said four bidders fought it out after the home was declared on the market at $1.1m, with offers climbing in $10,000 and $4000 increments before narrowing to final $500 bids. RELATED: Shock twist in Australia's property market 'Be realistic': Melb buyers warned Melb suburbs where units save you $1m CoreLogic records show the couple purchased 2 Moama Place for $630,000 in 2015, and overhauled it with a focus on family functionality and warm, timeless design. Their favourite addition? The open-plan kitchen, which Mary described as the 'heart of the home' , a space that once held more than 40 people during family events. The original kitchen before renovation, now transformed into a warm, open-plan entertainer's hub described as the 'heart of the home.' The renovated open-plan kitchen that once hosted 40 guests and helped seal the $1.2m sale, featuring Bosch appliances and oak floors. 'We've had babies take their first steps here, we've hosted huge gatherings, it's full of memories,' she said. 'It's bittersweet, but with baby number four on the way, it's time to start the next chapter.' The home backs directly on to Waterford Valley Golf Course and features solid American Oak floors, Bosch appliances, underfloor bathroom heating, solar panels, and a 48sq m shed with a kitchenette and toilet, ideal for the perfect mancave, trades or home business use. The backyard before landscaping and upgrades, now replaced with a manicured family-friendly space backing onto Waterford Valley Golf Course. The upgraded exterior with shed, solar panels and direct golf course access a lifestyle combo that drew fierce auction interest for the Melbourne southeast home. PropTrack data shows Rowville's median house price has climbed 5.2 per cent in the past year to $970,000, with family homes in quiet courts continuing to attract strong buyer demand. Mr Gigis said Rowville's balance of green space, schools and family-friendly infrastructure was continuing to fuel confidence among upsizers and long-term owner-occupiers. The stylish bathroom includes underfloor heating, just one of many high-end touches that appealed to owner-occupiers. The 48sq m shed with kitchenette and toilet, ideal for a man cave, trades, or home business use, adding serious buyer appeal. 'This wasn't an investor property,' Mr Gigis said. 'It was a genuine family home in a cul-de-sac with golf course views. Those sorts of homes are getting harder to find and buyers know it.' The lounge area pre-renovation, now a modern, light-filled family space with a fireplace and oak flooring. The revamped living room with fireplace, perfect for family gatherings part of a renovation focused on warmth and functionality. Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox. MORE: Bachelor couple eyeing $6m+ payday Aussie NBA legend set for huge $4m move $32m Mill deal reveals major players' interest

Leader Live
2 days ago
- Lifestyle
- Leader Live
Stunning detached home with annex for sale near Mold
Reades is marketing a stunning four-bedroom house on Mold Road, Mynydd Isa for offers in region of £900,000. Nestled in a charming semi-rural setting, this detached family home offers a rare opportunity for luxurious countryside living within easy reach of urban amenities. Spanning an impressive 305 sq m / 3,286 sq ft, this property sits on a substantial plot of approximately two acres, divided evenly between beautifully landscaped gardens and a sizeable paddock. Boasting three generously proportioned double bedrooms in the main house along with an attached self-contained annex, this residence provides versatile living options for families of all sizes. The well-appointed kitchen features American Oak fitted wall and base units complemented by striking granite countertops and top-of-the-line integrated appliances, while the tile-effect flooring from Karndean adds a touch of contemporary style. The main house offers three spacious reception rooms, including a drawing room with a stunning feature fireplace, French doors leading to a patio and rear garden, and oak-effect parquet flooring for a touch of elegance. The grand reception hall sets a sophisticated tone with a hardwood balustrade, ample storage space beneath, and more of the exquisite oak-effect parquet flooring. Additional features such as a separate utility room, downstairs WC, and a vast loft space with conversion potential further enhance the appeal of this property. MOST READ The unrivalled outdoor space is equally impressive, with a secure gated driveway providing parking for up to ten vehicles, ensuring both convenience and security for residents and visitors alike. A range of outbuildings, including two double garages, one single garage, and additional storage sheds, offer ample space for vehicles, equipment, and recreational gear, making this property a true haven for outdoor enthusiasts. To request further information or to arrange a viewing, contact a member of the team at Reades by calling 01829 701 701.