‘Hectic’ bidding war pushes Hampton East home $268k over reserve

A bidding war in Melbourne’s southeast has left the sellers speechless as bidders drove the price sky-high. See how much it sold for.

Five eager bidders fought it out for the keys to this spacious, modern Hampton East home.

A bidding war in Melbourne’s southeast has left jaws on the footpath, with five buyers pushing this sleek townhouse almost $300,000 past reserve.

More than 120 people packed into 21A Lonsdale Ave, Hampton East, to witness a “high-stakes auction” — a modern three-bedroom townhouse that ultimately sold under the hammer for $1.538m.

Ray White Chelsea director Shane O’Sughrue said the auction “went off like a firecracker” and left him nearly speechless.

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“There were bids flying. It was hectic,” Mr O’Sughre said.

“My sellers are speechless.

“They’re upsizing locally and just couldn’t believe the result.”

The auction opened at $1.17m — the bottom of the price guide — and quickly escalated in $20,000 and $30,000 jumps.

A wide timber hallway sets the tone with warmth, flow and clean architectural lines from the outset.

With three living zones across 30sq m, the home delivers room to relax, entertain or work.

Once the bidding hit the mid-$1.4m range, the increments narrowed to $10,000, then $2,000, and finally $1,000 as two buyers went head-to-head in a nailbiting finish.

Mr O’Sughrue said confidence in the market was rising fast, especially ahead of an expected interest rate cut.

“There’s a sense of urgency building out there,” he said.

The expansive open-plan living zone connects effortlessly with the kitchen and decked alfresco for everyday ease.

A stone waterfall island, mirrored splashback and premium appliances headline the entertainer’s kitchen.

“Buyers aren’t waiting anymore.

“ They’re getting aggressive and jumping in before competition gets even stronger.”

The home itself had plenty of pulling power, about 30sq m in total with three distinct living zones, a high-end kitchen featuring a stone waterfall island and seamless indoor-outdoor area leading out to a covered timber deck.

An electric fireplace, ducted climate control and quality finishes provide year-round comfort with style.

The bold facade, secure electric gate and contemporary design give this townhouse standout street appeal.

The Ray White Chelsea director said the home has a great flow.

“You’ve got the space, security with the electric gate, and finishes that are mid to high calibre for the area,” Mr O’Sughrue said.

“It appealed to families, professionals, downsizers, a really broad market.”

A covered timber deck offers the perfect private setting for outdoor dining or relaxing in peace.

The result comes as listings remain tight across Melbourne’s bayside suburbs, with well-presented homes continuing to draw big crowds and strong offers.

Mr O’Sughrue also urged sellers not to sit back and wait for spring.

“Now’s the moment,” he said.

Spa retreat inspired finishes and elegant fixtures add a touch of hotel-style luxury to the home’s wet areas.

The luxe main bathroom features a freestanding tub, floor-to-ceiling tiling and twin stone vanities.

“You don’t want to be competing with everyone else in three months’ time.

“The buyers are here, they’re ready, and if your home’s priced right, it’ll fly.”

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Originally published as ‘Hectic’ bidding war pushes Hampton East home $268k over reserve