Melbourne auctions: Majestic Ormond home renovation makes new record splash

20 Anthony St, Ormond - for herald sun real estate

20 Anthony St, Ormond just sets a new record for the suburb.

An Ormond man whose house set a new $3.65m suburb record wanted to fly the agent to Thailand to celebrate last Saturday.

The five-bedroom Californian bungalow at 20 Anthony St overtook Ormond’s previous $3m benchmark, set by 27 Leila Rd in 2021, by a whopping $650,000.

Buxton Bentleigh’s Claude Mery said four bidders competed for the keys to the Anthony St abode boasting restored period features, an outdoor kitchen and a glass-tiled pool and spa.

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Mr Mery said the owner, director of local builder Majestique Homes, had extended and renovated the abode.

The house sold for a sum of $450,000 above the $3.25m reserve, as the “elated” vendor tuned into the auction over the phone from Thailand.

20 Anthony St, Ormond - for herald sun real estate

The back yard of the Ormand home had a stunning renovation.

20 Anthony St, Ormond - for herald sun real estate

“He was on holiday and he wanted to fly me out to celebrate, but I said, ‘I’m too busy’,” Mr Mery said.

PropTrack figures show Victoria recorded a 63 per cent preliminary clearance rate from 1004 auction results last week.

The owners of a Seddon period house who carried out a large-scale renovation before selling also reaped the rewards when their home scored $1.5205m, a figure of $120,500 above the $1.4m reserve.

114 Charles St, Seddon - for herald sun real estate

114 Charles St, Seddon sold for $1.5205m.

Seven bidders vied for 114 Charles St, a three-bedroom property boasting a living room stacker door opening to the entertaining deck with an auto-retractable awning and bluestone paving.

Village Real Estate director Joseph Luppino said the top-quality renovation and “blue chip” location proved popular.

Mr Luppino said the gap between turnkey and original-condition property prices was becoming “quite enormous” as building costs became apparent.

114 Charles St, Seddon - for herald sun real estate

The kitchen of the Seddon home.

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“The unrenovated version of this would probably have been $950,000 to $1m,” he added.

In Melbourne’s southeast, a four-bedroom house at 8 Erie Ave, Rowville fetched $1,115 million, a total of $125,000 above reserve.

Ray White Oakleigh’s Nick Strilakos said out of four bidders, an upsizing family won the keys.

8 Erie Ave, Rowville - for herald sun real estate

The Rowville property sold for $1,115m.

About 18km away, a three-bedroom townhouse at 71 Dublin Rd, Ringwood East, attracted six bidders and fetched $1.066m.

Barry Plant Ringwood and Heathmont partner Jay Carroll Partner said the multiple living areas, 351sq m block and lack of a corporate body contributed to the townhouse’s appeal.

Six bidders battled for a three-bedroom house at 35 Chelsworth Loop, Craigieburn, which sold for $702,000.

71 Dublin Rd, Ringwood East - for herald sun real estate

71 Dublin Rd, Ringwood East had six bidders at auction.

Barry Plant Craigieburn’s Romi Sleiman said a family with children snapped up the keys.

“The underbidder was an investor,” Mr Sleiman said.

About 1223 auctions are expected across the state this week.

A two-bedroom apartment at 1106/3 Yarra St, South Yarra, sold for $596,000. Kay & Burton Stonnington’s Tim Blackett said four bidders lodged a total of 44 bids for the property which was announced on the market at $550,000.

1106 of 3 Yarra Street, South Yarra - for herald sun real estate

This Yarra Street, South Yarra home sold for $596k.

Mr Blackett said the interested buyers included investors and young first-home buyers.

“It was in a well-built apartment building, with no combustible cladding, which a lot of people asked about,” Mr Blackett said.

“It also has great amenities for residents including a pool, gym, resident’s lounge, a beautiful terrace and location close to transport, with South Yarra station right on your doorstep.”

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