63 Bruce Street, Coburg
Selling after Melbourne entered stage four COVID-19 restrictions has paid off handsomely for a young Coburg family.
Vendors Lillian and Daniel Skinner achieved a $115,000 premium with the online auction of 63 Bruce Street, despite the citywide lockdown turning the pair’s sale campaign on its head.
Private inspections were banned as part of the city’s coronavirus restrictions, which are due to last until September 13.
“We literally had three days to get everybody that was interested through the house (before stage four lockdown started),” Ms Skinner said. “It was nerve-racking, to say the least.”
RELATED: Melbourne stage four lockdown real estate questions answered
Melbourne construction industry stage four guidelines updated
Melbourne’s most popular streets: Fairview Ave, Wheelers Hill No. 1
A rear extension was added to 63 Bruce Street, Coburg.
Open-plan living with a skylight at the Coburg home.
The family spent hours walking the block to ensure as many prospective buyers as possible could view the five-bedroom home, which sold under the virtual hammer for $1.815 million.
Realestate.com.au records show the property, which the couple renovated and extended, last sold for $990,000 in June 2017. “We really tried to keep the period charm of the home, then also have the modern day family in mind,” Ms Skinner said. “My husband did everything, even the vanities — he made them himself, it’s a testament to him.”
One of two tiled bathrooms in the Coburg home.
There are also five bedrooms.
The house sold for $1.815m.
The pair completed the renovation to live in, before the arrival of their one-year-old son forced a change of heart. They now plan to move regionally, to a 10-acre block closer to family.
Ray White Brunswick director Alex Ilyin said the Skinner family had presented an “exceptional home that’s been fitted to the utmost, pristine standard”.
In nearby Preston, a tired three-bedroom house at 12 Stott Street smashed the reserve price by $190,000.
The dated home at 12 Stott St, Preston, has structural issues.
The property still presented well for buyers.
The house fetched $950,000.
The run-down investment property sold for $950,000.
Stockdale & Leggo Reservoir agent Aldo Verga said about half of the bidding came from buyers that didn’t get the chance to see the house in person. “It does need some structural attention,” Mr Verga said. “A lot of (buyers) were looking to knock it over anyway and build their dream home,
Elsewhere, marathon bidding ended with a $741,000 sale at 8 Carex Way, South Morang. The three-bedroom brick home topped its reserve price by $61,000 in the hour-long auction.
No. 8 Carex Way, South Morang, sold for $741,000.
The property’s virtual auction lasted close to an hour.
Barry Plant North Eastern Group agent Tony Ong said the vendors had been nervous heading into the virtual auction. “Now they’re very happy, they’re jumping up and down,” Mr Ong said.
READ MORE: Agents lack knowledge of energy ratings: Environment Victoria study
Sailing family list renovated Parkdale home after Aspendale buy
Tracey Lester: Publican sells rare blank canvas Fitzroy warehouse
The post Swish Coburg reno and run-down Preston house smash reserves appeared first on realestate.com.au.