Essendon captain Dyson Heppell kicks a property goal, selling inner city home post-reno
An Albert Park house owned by Essendon captain Dyson Heppell has sold for $3.46m as AFL fans await a decision about his future.
The Bombers have reportedly put forward a 12-month offer to Heppell for next season but the Suns are in talks about a multi-year contract, with the skipper yet to choose between the two.
Heppell renovated the three-bedroom Victorian-era house at 27 Greig St, which he previously lived in and later leased to tenants.
Marshall White Port Phillip director Oliver Bruce said the “beautifully presented” house was located in one of Albert Park’s best streets.
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Listed with a $3.3m-$3.5m asking range, the home sold on Saturday to the highest bidder shortly after being passed in on a $3.38m bid.
Adam Kane Architects designed the house’s renovation, while luxury builders Nik Spartels and Hardwick Build Co constructed the abode.
Mr Spartels said he believed its sold price was a record for an Albert Park weatherboard home.
“People are paying premiums for renovated houses because they are worried costs involved in buying an unrenovated house and doing it up have skyrocketed,” Mr Spartels said.
Victoria recorded a 66.9 per cent preliminary clearance rate from 372 early results on Saturday, according to PropTrack, with about 870 auctions held last week.
Another strong Saturday result was achieved by a house at 1 Pearson St, Capel Sound, which sold for $1.413m, a sum $188,000 above its $1.225m reserve.
Barry Plant Rosebud agent Paul Cunnington said 11 bidders vied for the Mornington Peninsula property located 340m from the beach.
“It had a few bells and whistles, a triple garage, off-street parking for a boat or caravan, four bedrooms, two living areas and that close to the beach is pretty rare,” Mr Cunnington said.
Two families joined together to purchase the abode to use as a holiday house.
Real Estate Institute of Victoria president Richard Simpson said that homes suited to families, located in school zones, were still selling well.
“Properties that are a bit off the beaten track or may be considered not quite right, such as being on a main road, a laneway or on a train line, are starting to struggle a bit, which happens as the market starts to turn down,” Mr Simpson said.
About 1077 auctions are expected across the state next week.
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