First-home buyers create Aussie ’Melrose Place’ in Oakleigh South

This Melbourne unit block could become a real-life TV show after three young first-home buyer couples scored the keys to one of three units in Melbourne’s southeast.

Three young couples celebrate their new beginnings at Melbourne’s very own “Melrose Place.”

Melbourne’s very own Melrose Place has emerged in Melbourne’s southeast as three young first-home buyer couples scored the keys to homes in the unit block.

Reminiscent of the iconic 1990s drama series which involved a group of young adults in a stylish apartment complex – fingers crossed the show’s romances, and dramatic antics stay within the confines of the drama series.

The units located at 1-3/18 Legond, Oakleigh South all went under the hammer on the same day.

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Like the famous line from the show, “you can never have too much guacamole at a party,” there was a lively atmosphere at the auctions, with the homes quickly snapped up one after the other amid competition from 10 couples.

Unit 1 sold for an impressive $620,000, Unit 2 for $560,000, and Unit 3 fetched $619,000.

10 first-home buyer bidders eyed their chance to score one of the three units.

Ray White Oakleigh’s Leigh Kelepouris said the auction was a “celebration of the vibrant community spirit the area offers”.

“All our bidders were young, first-home buyer couples, which made for a lively and enthusiastic atmosphere,” Mr Kelepouris said.

There were smiles all around at the auction as the three first homebuyer couples snagged one of three Oakleigh South units.

The trio of units offered open-plan living and according to Ray White Oakleigh’s Leigh Kelepouris “a vibrant community spirit.”

“One bidder even had their sights set on all three properties.”

Built in the late 1980s, the trio of units offered buyers open-plan living spaces with decent-sized kitchens.

The layouts were designed to ensure ample sunlight and minimal fuss within a peaceful neighbourhood and no owners corporation.

The units, built in the late 1980s, have combined modern living with the charm making them irresistible to first-time buyers.

One buyer bidder for all three properties, eventually scoring the final unit on offer.

Mr Kelepouris said the vendors were very excited for the new buyers and went with the recommended strategy to sell each unit individually, rather than as one.

“The result and the advice the vendors took from us resulted in the most favourable outcome,” he said.

“The excitement was electric, and the sellers were so happy to see all these new young owners.

“I am sure they will all become friends.”

According to the latest PropTrack data, the average price for a two-bedroom unit in Oakleigh South is $608,500.

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Originally published as First-home buyers create Aussie ’Melrose Place’ in Oakleigh South