The property at 49 Farview St, Glenroy sold quickly for a record price.
IT took just one inspection from one buyer for a new Glenroy benchmark sale price to be set.
The sleek, modern four-year-old pad at 49 Farview St was snapped up for $1.75 million before it even officially hit the market.
Stockdale & Leggo Glenroy’s Richard Imbesi said the five-bedroom, four-bathroom house had three separate living zones and backed on to the lush links of the Northern Golf Club.
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Not a bad extension of the backyard.
The property has a tranquil feel provided by the golf links at the rear.
Top quality materials have been used throughout the home.
“I was called in to do a standard appraisal and I indicated to the sellers I thought I might have someone suitable for the home. So we decided to take this particular buyer through before we put it online,” he said.
“It was the only inspection we had, and sure enough he liked it as much as we thought he would — he loved the house.”
The property’s price tag elevates it above the previous benchmark for a residential property in the northern suburb that wasn’t a block of units or development site.
The old record for “a house to reside in” had been held by 11 Byron Court, which sold for $1.4 million “at the peak of the market” in May 2017, Mr Imbesi said.
“It’s such an amazing home,” he said of 49 Farview St.
“There’s nothing out there like it that’s been put to the market in the past. I think the buyer saw it and didn’t want to take the risk of anyone else coming through.
Indoor-outdoor living flows with sleek style.
A covered entertainment area is a definite highlight.
It topped the previous benchmark of $1.4 million with ease.
“It’s a beautiful location, you’ve got uninterrupted views of the golf course behind you, the sellers even installed a glass back fence, and you can basically take in the golf course from downstairs and upstairs.
Mr Imbesi said there were other properties opposite the golf course, but those backing on to it were particularly rare.
“It’s a big home, you probably couldn’t have replaced it for the price we sold it for, and the position has a lot to say in the price,” he added.
“The house itself is pretty magnificent. They’ve done an amazing job with how it’s finished inside with the fixtures and fittings they chose, the quality materials, the execution of the workmanship and the floorplan.”
Five bedrooms are spread across two levels.
Plenty of space for growing families.
CoreLogic records show the vendors bought the site for $417,500 in April 2012, when it had an old house on it which was demolished for the dream pad.
The trend of demolishing homes in the sought-after pocket was growing, according to Mr Imbesi, who said as this sale was done the one next door was being knocked down.
A young upsizing family bought the home on Grand Final eve from the sellers, whose plans had changed.
Glenroy’s median house price rose 13.8 per cent to $751,000 in the 12 months to July, according to CoreLogic.
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