A young family paid $6,601,000 for a stylish six-bedroom house with a swimming pool in Brighton East at auction on Saturday, beating two other bidders. A crowd gathered to watch a 45-minute battle between bidders for the keys to 23 Lucas Street, which was listed with a price guide of $4.9 million to $5.
2 million. It was one of 1282 auctions scheduled in Melbourne for Saturday. By Saturday evening, Domain Group recorded a preliminary auction clearance rate of 61 per cent from 898 reported results, while 98 auctions were withdrawn.
Withdrawn auctions are counted as unsold properties when calculating the clearance rate. Bidding began at $5.2 million and no vendor bids were necessary as the three parties battled it out for the 924-square-metre block.
The reserve was set at the top of the price guide. A young family bought the McKimm-built home from downsizers whose children had grown up, selling agent Nick Johnstone of the eponymous real estate agency said. Loading “It was a beautiful home and it’s 20 years old.
.. it was a really good, family-friendly street,” he said, adding it was close to shops and the park.
“It just ticked all the boxes.” He said the market is mixed. “For something like this, it’s very good,” he said.
“Good homes, really-good locations, well built, are going well, but apartments are getting hard at the moment because there’s so many of them.” Elsewhere, a young family beat five other bidders, securing their dream four-bedroom home in Pat.