Hampton house near Brighton beach makes a splash selling $1m above expectations

The charming 18 Bolton Ave, Hampton sold for well above expectations. Source: Supplied.

A stunning Hampton house located in the prestigious Brighton beach precinct made waves by selling $1m above expectations on Saturday.

The circa-1915 home at 18 Bolton Ave boasting a pool, original timber panelled ceilings, leadlight windows and temperature controlled wine storage space was advertised with a $4.5m-$4.85m asking price.

Five bidders competed for the keys to the property after a $4.7m bid started the auction, with the home ultimately selling for a whopping $5.85m.

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The five-bedroom home was announced on the market at $5.1m.

Marshall White Port Phillip director Kaine Lanyon said the abode was located in the Brighton beach neighbourhood near the Hoyt St corner, less than 300m from the sand.

The gourmet kitchen boasting stone benches, Miele appliances and a walk-in pantry.

A solar and gas heated pool ideal for summer days.

The undercover deck.

Mr Lanyon declined to comment on the price which was undisclosed.

“That little Brighton beach exclusive pocket has only got five streets in it, it’s considered the mecca, or among the top properties of that suburb,” Mr Lanyon said.

“When you have over 1000sq m or more on a beautiful corner, that’s a rarity.

“In that light, I wasn’t surprised by the popularity and deep market interest given the offering”.

CoreLogic records show the house last sold for $728,000 in 1997.

Inside the stylish Federation home.

An aerial view of the property.

A games room complete with pool table.

Last week saw 1488 auctions take place across the state, a May record for Victoria.

A preliminary clearance rate of 76 per cent was recorded from 682 results available, according to realestate.com.au.

A six-bedroom house at 22 George St, Ferntree Gully, set a new residential record for the suburb with a $1.867m sale.

Barry Plant Boronia agent Mark Hughes said five bidders drove the price to an impressive $287,000 above the vendor’s $1.58m reserve.

A family built the house four years ago on 1517sq m of land.

The impressive 22 George St, Ferntree Gully has set a new house price record for the suburb.

The house has three bathrooms.

The kitchen features a butler’s pantry, two dishwashers, two Electrolux pyrolytic ovens and a 900mm Bosch induction cooktop.

Ferntree Gully’s previous house price record was set last year by 5 Beech Close, Ferntree Gully.

The four-bedroom house sold for $1.705m, according to CoreLogic.

In the inner northern suburbs, a home on the market for the first time in more than half a century proved a hit with buyers.

The three-bedroom house at 21 Weigall St, Brunswick East overlooking Merri Creek was purchased by a couple for $1.635m.

The vendors’ asking range was $1.45 million- $1.5 million.

21 Weigall St, Brunswick East was bought by a married couple planning to downsize.

The house, built in the 1970s, offers retro charm.

Keen on green.

McGrath Northcote principal Gino De Iesi said the “solidly-built” home was owned by siblings whose parents constructed the property in 1970-71.

“I opened the bidding with a $1.45 bid, then a bidder offered $1.47m and we ended up with five people bidding” Mr De Iesi said.

“The siblings were very happy with the result but also emotional.

“They grew up in the house.”

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The post Hampton house near Brighton beach makes a splash selling $1m above expectations appeared first on realestate.com.au.

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Hampton house near Brighton beach makes a splash selling $1m above expectations

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