Award-winning century-old house smashes local records
Despite drastically diminishing market conditions, the century-old mansion in the luxurious suburb of Kingsville, Victoria, has surpassed the local pricing record more than 12 months after first being listed for sale.
The four-bedroom property – that even has its own ballroom – lies on 1,578 square metres and was snapped up for $2.7m just one week before Christmas – and that was after being sadly passed-in at an auction in November.
Even though it was initially listed with a prospective pricing target of $4m way back in October 2021, the final price of $2.7m was a good $800,000 clear of the previous local pricing record of $1.93m.
Leo Dardha from Hockingstuart Yarraville told The Herald Sun that buyers “loved the history, they loved the character and they loved the size of the land”.
“It’s one of a kind in Kingsville,” he said.
“It’s won a couple of awards. It won a beautification award in 1991 from Maribyrnong Council and has had only two owners in 100 years.
“The first owners who commissioned the build were in the transport industry and the second were a local family who moved from another home on Somerville Rd and enjoyed the past 40 years there; it was their pride and joy, their trophy home and they raised their family there.”
The upper level of the home is a ballroom that has been the scene of many functions with family and friends over the years, while the wider house features rich timber throughout.
An entrance hall, formal lounge and dining rooms, sitting room, and office or sunroom, are among the other traditional highlights.
Images: Hockingstuart Yarraville