Real Estate

roxburgh park elderly couple moved to tearsae when home of 21 years sold under the hammer

Written by The ReReport

AN elderly couple from Roxburgh Park was “moved to tears” when their home of nearly a quarter of a century sold under the hammer at the weekend.
The three-bedroom house at 9 Reading Close was snapped up for $615,000 by a young investor from Roxburgh Park on November 3.
CoreLogic records show the owners paid $143,000 for the property in 1997.

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Harcourts’ Michael Abbas said the auction drew a crowd of about 50 people, including seven bidders from Melbourne’s northern suburbs.
“They were really competitive,” he said.

The young buyer, an investor from Roxburgh Park, is pictured with her parents who live on a farm in the area.

Bidding started at $470,000 and progressed quickly to $520,000 when it was declared on the market.
The property sold for $615,000, well above the $460,000-$490,000 asking price.
The owners, who were moving to a retirement home, were present at the auction with their two children and three grandchildren.
“It was an emotional sale for the owners who were moved to tears,” Mr Abbas said.

The house was immaculately maintained and presented.

Mr Abbas said the buyer, who planned to rent out the home, was attracted to the property’s size, presentation and location near the shopping centre and train station.
The property was one of the most viewed Victorian homes on that went under the hammer at the weekend.
As of November 1, home seekers had viewed the house 3109 times on the property website.


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