A Rowville couple went from “prepared for the worst” to “a big sigh of relief” as their home sold $180,000 above their reserve yesterday.
By Nathan Mawby for the Herald Sun on 10 Jul 2021
Judi Wilding and Andrew Jones had watched the number of homes for sale in their area rise recently, and feared their modest backyard would drive buyers to look at other homes.
”We prepared ourselves that it wouldn’t sell, and then to hear it go on the market and above reserve there was a big sigh of relief,” Ms Wilding said.
Mr Jones said they’d always believed the classically-styled five-bedroom house at 15 Sandford Close was one of the best around, but with most of their backyard given over to a plunge pool they’d grown nervous about what buyers would think.
They needn’t have worried, with the house selling for $1.12m — far above the $940,000 target they’d set.
Mr Jones said that in an added bonus, their dream home sold to their dream buyer — a young family who “loves it as much as we did”.
The pair are also relieved they opted for a contracted auction campaign, after noticing new listings in the area rising in recent weeks.
“We had the home on the market for three weeks and two days, and upon reflection we think it was better to do it quicker rather than to stretch it out on the market for longer,” Ms Wilding said.
Ray White Rowville’s Nick Strilakos said the home’s $940,000 reserve, in the middle of its $900,000-$990,000 price guide, had been eclipsed by three “highly engaged” bidders.
And that househunters in the area were getting used to missing out.
“Buyers are getting a bit frustrated,” Mr Strilakos said. “I have seen the same ones miss out on four auctions in a few weeks, and that’s pushing their emotions to a high.
“This year we have averaged $103,000 above our reserves.
“The Rowville median house price would be through the roof at the moment.”
Even so, the $180,000 bonus at 15 Sandford Close, had come as a surprise.
“That’s a massive result,” Mr Strilakos said.