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Auction pushes Wheelers Hill unit to $813k sale
Auction pushes Wheelers Hill unit to $813k sale

News.com.au

timea day ago

  • Business
  • News.com.au

Auction pushes Wheelers Hill unit to $813k sale

A two-bedroom unit with a backyard big enough for a barbecue, blitzed its price guide at auction, as four bidders fought it out in Wheelers Hill. The single-level home at 1/187 Jells Rd sold under the hammer for $813,000, with bidding quickly climbing above the listing's quoted range of $770,000-$810,000. Auctioneer Robert Cincotta took fast-paced offers from four competing buyers before selling under the hammer to an older couple, whose daughter helped them secure the keys. Tragic side of Aus housing crisis exposed Ray White Ferntree Gully's Cristine Jones said she had a lot of young families and downsizers throughout the campaign. 'It was the buyers' daughter who helped them bid,' Ms Jones said. 'It turned out I'd actually sold a home to her previously, so they knew the area well and wanted to be close.' Set at the front of a boutique complex, the home offered a 268sq m block with an oversized covered deck, grassed yard and ceiling fan, features that made it stand out from most units in the area. The home had last sold in December 2020, and while the capital gain was modest, Saturday's auction drew a strong crowd and signalled continued momentum in Melbourne's southeast. Seller Warren Taylor, who also sold a previous home with the Ms Jones, said the result was 'very, very pleasing'. 'I enjoyed the access to all the facilities, it's opposite the shopping centre and the library. Everything's within walking distance,' Mr Taylor said. 'We're thrilled with how it all went.' Inside, the home included an updated kitchen with stone benchtops and Miele appliances, polished timber floors, ducted heating, refrigerated cooling and a single-car garage with internal access. The result adds to a string of solid winter sales in Melbourne's southeast, as buyers move early ahead of a widely anticipated rate cut next week.

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