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Why this renovated Rowville home fetched $1.2m
Why this renovated Rowville home fetched $1.2m

Herald Sun

time14-06-2025

  • Business
  • Herald Sun

Why this renovated Rowville home fetched $1.2m

The Rowville family home that sold for $1.2005m, more than $100k above the top of its price guide. A Rowville family who spent nearly a decade shaping their dream home have sold it for $1.2005m, more than $100,000 above the top of its price guide. Vendors Mary and Nick Nikos's renovated three-bedroom home had $1m-$1.1m price hopes, but strong interest throughout the campaign translated into fierce competition on auction day. Buxton Oakleigh auctioneer and director Peter Gigis said four bidders fought it out after the home was declared on the market at $1.1m, with offers climbing in $10,000 and $4000 increments before narrowing to final $500 bids. RELATED: Shock twist in Australia's property market 'Be realistic': Melb buyers warned Melb suburbs where units save you $1m CoreLogic records show the couple purchased 2 Moama Place for $630,000 in 2015, and overhauled it with a focus on family functionality and warm, timeless design. Their favourite addition? The open-plan kitchen, which Mary described as the 'heart of the home' , a space that once held more than 40 people during family events. The original kitchen before renovation, now transformed into a warm, open-plan entertainer's hub described as the 'heart of the home.' The renovated open-plan kitchen that once hosted 40 guests and helped seal the $1.2m sale, featuring Bosch appliances and oak floors. 'We've had babies take their first steps here, we've hosted huge gatherings, it's full of memories,' she said. 'It's bittersweet, but with baby number four on the way, it's time to start the next chapter.' The home backs directly on to Waterford Valley Golf Course and features solid American Oak floors, Bosch appliances, underfloor bathroom heating, solar panels, and a 48sq m shed with a kitchenette and toilet, ideal for the perfect mancave, trades or home business use. The backyard before landscaping and upgrades, now replaced with a manicured family-friendly space backing onto Waterford Valley Golf Course. The upgraded exterior with shed, solar panels and direct golf course access a lifestyle combo that drew fierce auction interest for the Melbourne southeast home. PropTrack data shows Rowville's median house price has climbed 5.2 per cent in the past year to $970,000, with family homes in quiet courts continuing to attract strong buyer demand. Mr Gigis said Rowville's balance of green space, schools and family-friendly infrastructure was continuing to fuel confidence among upsizers and long-term owner-occupiers. The stylish bathroom includes underfloor heating, just one of many high-end touches that appealed to owner-occupiers. The 48sq m shed with kitchenette and toilet, ideal for a man cave, trades, or home business use, adding serious buyer appeal. 'This wasn't an investor property,' Mr Gigis said. 'It was a genuine family home in a cul-de-sac with golf course views. Those sorts of homes are getting harder to find and buyers know it.' The lounge area pre-renovation, now a modern, light-filled family space with a fireplace and oak flooring. The revamped living room with fireplace, perfect for family gatherings part of a renovation focused on warmth and functionality. Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox. MORE: Bachelor couple eyeing $6m+ payday Aussie NBA legend set for huge $4m move $32m Mill deal reveals major players' interest

Why this renovated Rowville home fetched $1.2m
Why this renovated Rowville home fetched $1.2m

News.com.au

time14-06-2025

  • Business
  • News.com.au

Why this renovated Rowville home fetched $1.2m

A Rowville family who spent nearly a decade shaping their dream home have sold it for $1.2005m, more than $100,000 above the top of its price guide. Vendors Mary and Nick Nikos's renovated three-bedroom home had $1m-$1.1m price hopes, but strong interest throughout the campaign translated into fierce competition on auction day. Buxton Oakleigh auctioneer and director Peter Gigis said four bidders fought it out after the home was declared on the market at $1.1m, with offers climbing in $10,000 and $4000 increments before narrowing to final $500 bids. 'Be realistic': Melb buyers warned CoreLogic records show the couple purchased 2 Moama Place for $630,000 in 2015, and overhauled it with a focus on family functionality and warm, timeless design. Their favourite addition? The open-plan kitchen, which Mary described as the 'heart of the home' , a space that once held more than 40 people during family events. 'We've had babies take their first steps here, we've hosted huge gatherings, it's full of memories,' she said. 'It's bittersweet, but with baby number four on the way, it's time to start the next chapter.' The home backs directly on to Waterford Valley Golf Course and features solid American Oak floors, Bosch appliances, underfloor bathroom heating, solar panels, and a 48sq m shed with a kitchenette and toilet, ideal for the perfect mancave, trades or home business use. PropTrack data shows Rowville's median house price has climbed 5.2 per cent in the past year to $970,000, with family homes in quiet courts continuing to attract strong buyer demand. Mr Gigis said Rowville's balance of green space, schools and family-friendly infrastructure was continuing to fuel confidence among upsizers and long-term owner-occupiers. 'This wasn't an investor property,' Mr Gigis said. 'It was a genuine family home in a cul-de-sac with golf course views. Those sorts of homes are getting harder to find and buyers know it.'

Hawthorn star Massimo D'Ambrosio's Clayton home tour has buyers buzzing
Hawthorn star Massimo D'Ambrosio's Clayton home tour has buyers buzzing

News.com.au

time05-06-2025

  • Business
  • News.com.au

Hawthorn star Massimo D'Ambrosio's Clayton home tour has buyers buzzing

Hawthorn's Massimo D'Ambrosio has traded footy drills for espresso shots, helping sell a mate's home that could've doubled as his nonna's. In an exclusive to the Herald Sun, it can be revealed the rising AFL talent has joined the campaign for 23 Murdo Rd, Clayton as a proud property ambassador, bringing heart, heritage and a touch of la dolce vita to a much-loved listing. The four-bedroom, two-bathroom home sits on a generous 715sq m block and is being sold through Buxton Oakleigh auctioneer Dimitri Damianos, with strong appeal for both families and developers. While the 21-year-old isn't the owner, he's an Italian friend of the vendors, and the home's nostalgic charm, from its manicured gardens to its fruit-laden trees, instantly struck a chord. 'He grew up around homes like this,' Mr Damianos said. 'The fruit trees, the layout, the smell of cooking in the air, it reminds him of his grandparents' place. 'His Italian roots are a big part of who he is, and this home really captured that.' D'Ambrosio, who was drafted by Essendon in the 2022 mid-season draft and played a breakout season for Hawthorn in 2024, visited the home this week and Mr Daminos bonded instantly with the owners over coffee, cannoli and shared Sicilian roots. 'There was this hilarious moment where he spotted some gaggiu fruit — loquats — in the yard and called it out immediately,' he said. 'I had no idea what it was — the family gave me grief for that. 'But Massimo was in his element.' Inside, the home features original Sortino furniture — a brand that rivalled Franco Cozzo, as well as polished timber floors and a layout made for family gatherings. With the matriarch now moving into aged care and managing health issues the family is parting with the home after decades of milestones and Sunday lunches, and they're hoping it finds new owners who'll love it just as much. 'This place has hosted countless birthdays, barbecues and celebrations,' Mr Damianos said. 'It's full of love, and now the campaign is, too.' Auction day is set to be a full-blown Italian celebration, complete with coffee, cannoli, and, if his schedule allows an appearance from D'Ambrosio himself. Clayton continues to be one of Melbourne's most in-demand pockets, with PropTrack data showing house prices have climbed more than 36 per cent over the past five years, driven by strong buyer demand, proximity to Monash University and the Victorian Heart Hospital, and excellent rail and retail connections. The home will be brought to market soon.

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