A well-built 1980s Boronia home with a bonus granny flat and six-car garage attracted significant buyer interest at its auction on 5 October.

In front of a large crowd, seven bidders registered for the property at 28A Stewart St and came for the property hard, driving the price well into six figures above the seller’s expectations.

Offered for the first time since it was built, the five-bedroom house on a 2,159sqm block sold for $1.64 million, after opening bids began at $1.4 million, according to Barry Plant Boronia auctioneer Monique Fitzgerald.

“The auction, with around 100 people in attendance, was incredibly competitive and took just 10 minutes,” she said.

After 20 bids, the auction ended with an impressive result. The buyers were a local couple with three children looking for a spacious home with the option for additional family accommodation in the future.

Ms Fitzgerald noted that the immaculately presented property, offering dual family living, is a rarity in the current market.

“The self-contained granny flat, along with the huge garage, attracted many families,” she added.

The home offers privacy, stylish appointments, a renovated kitchen, and a separate self-contained unit perfect for guests, in-laws, or as a home office.

Ms Fitzgerald commented that although more properties were available in Boronia and surrounding City of Knox suburbs, the market was “holding steady”.

“The Knox market is different from other parts of Melbourne—people are still buying here, and activity remains strong,” she said.

On 12 October, another family home in a prime location at 1 Austin St, Fairfield, sold for nearly $2 million under the hammer.

The four-bedroom weatherboard home, just a short stroll from the Yarra River, was listed with a price guide of $1.75–$1.925 million and sold above expectations at $1.98 million.

Barry Plant Northcote auctioneer Loretta Khoo described it as an ideal family home in a location offering any lifestyle a buyer could want, as reported by the Herald Sun.

With parklands and bike paths nearby, the area offered the perfect blend of tranquillity and convenience, Ms Khoo noted.

The auction kicked off with a vendor bid of $1.85 million, and two groups engaged in competitive bidding, increasing their offers in $10,000, $5,000, and eventually $1,000 increments until the property sold.

As always, if you need assistance in achieving your property goals, the team at Barry Plant is here to provide expert advice every step of the way.