A 1970s brick home in the Melbourne suburb of Hawthorn has sold for an eye-watering $3.801 million at auction after a young family obliterated the reserve by almost $1 million to claim the keys.
Looking more like a time capsule of a bygone era, the single-level, three-bedroom abode at 5 Kooyongkoot Road, sold under the virtual hammer on Saturday after three parties, from a pool of 20 who had signed up to bid, quickly pushed the price past the $2.95 million reserve.