How Craigieburn family home scored $21k above reserve in ‘red-hot market’
A sleek family home drew fierce competition as local buyers outbid interstate rivals in a fiery auction in Melbourne’s north.
A Craigieburn family downsizing in their own backyard has walked away with a $21,500 bonus after their four-bedroom home sparked a flurry of bids at auction — including from six interstate hopefuls.
The stylishly appointed house at 13 Featherpark Way had a price guide $650,000-$700,000, but strong local interest and surprise competition from buyers in other states helped push the final price to $771,500.
The home was called on the market for $750,000.
McGrath Craigieburn’s Terry Singh said 10 official bidders were registered — with a few extras jumping in on the day.
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“It was one of those auctions where people just kept coming,” Mr Singh said.
“We had six interstate bidders online, but in the end, it was a local family who got it — they were already living in Craigieburn and wanted something easier to manage.”
Mr Singh said the current had styled the property beautifully for the campaign and created an effortless flow that clearly resonated with buyers with many upset they missed out on the day.
With a sleek black-and-white kitchen, dual living areas, designer alfresco and bedrooms full of personality — including a space-themed kids’ room — the home struck the balance between style and functionality.
The family had also maintained the home meticulously, with a manicured facade, updated finishes and a backyard deck made for entertaining — complete with built-in barbecue, drinks fridge and fan.
The McGrath Craigeburn director said the result showed that presentation, polish and a layout built for lifestyle were winning formulas in the current market.
“Buyers don’t just want a house anymore,” Me Singh said.
“They want a home they can imagine living in — with kids, with pets, with friends around the table.”
Set opposite Malcolm Creek and close to Newbury Primary, Mount Ridley College, and Craigieburn Central, the home also benefited from location and lifestyle appeal.
And while many had expected interstate interest to drop off, Mr Singh said the opposite had happened.
Mr Singh said Melbourne’s northwest is in the spotlight.
“We’re seeing people priced out of Sydney, Brisbane, Perth, even Adelaide, turning to Craigieburn for value and long-term growth,” he said.
“Some are relocating, others are investors.”
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Originally published as How Craigieburn family home scored $21k above reserve in ‘red-hot market’