March 17, 2025

I show You how To Make Huge Profits In A Short Time With Cryptos!

38 Lucca Walk, Mernda - for herald sun real estate

Seven bidders vied to secure 38 Lucca Walk, Mernda, on the weekend.


A family cried tears of joy when their Mernda investment property sold for well above price expectations on the weekend.

The three-bedroom townhouse at 38 Lucca Walk was listed with a $475,000-$530,000 asking range but ended up selling for $609,000 on Saturday.

Ray White Wollert’s Hayden Assaad said that seven bidders drove the price upwards in an auction that included $500 bids.

RELATED: Feng Shui frenzy: Bidders fight for Mernda home at auction

Auctions: Eight bidders push young couple’s Mernda home thousands above reserve

Melbourne real estate: The latest auction and sales results for week ending March 16

A first-home buyer emerged as the victor, with most of the bidders consisting of other first-home buyers and investors.

Mr Assad said that the owners were stunned by the auction’s end result.

“They were very, very happy, the vendors were crying – they said, ‘Never in a million years did we expect to get this’,” Mr Assaad said.

“The wife mentioned her husband recently brought a $5000 bicycle and was feeling guilty, and he doesn’t need to feel guilty anymore.”

And they are also thinking about taking a holiday, possibly in Europe, while their daughter has requested a Coach bag.

38 Lucca Walk, Mernda - for herald sun real estate

A dishwasher and a tiled floor are among the kitchen’s features.


38 Lucca Walk, Mernda - for herald sun real estate

The home is set on a 200sq m block of land.


The townhouse features a modern kitchen, downstairs powder room and main bedroom with an ensuite bathroom and walk-in wardrobe.

Each of the other two bedrooms have a walk-in wardrobe, while there’s also a separate laundry, under-staircase storage space, an outdoor courtyard, split system heating and cooling and ducted heating.

The residence is close to the Mernda Junction shopping centre, Mernda train station, eateries and a Bunnings.

“One of the main attractions was that the home faces a reserve,” Mr Assaad added.

“Also, there’s no body corporate, a double-car garage and a large living area.”

38 Lucca Walk, Mernda - for herald sun real estate

A green view from the living area to outside.


38 Lucca Walk, Mernda - for herald sun real estate

There’s a central bathroom and also an ensuite off the main bedroom.


He said that abodes in his region occasionally soared above their expected price range, but it was certainly not a common occurrence.

“Every now and then you do get a run away auction with lots of buyers,” he said.

About a fortnight ago, another of his listings, a Lalor unit with a $550,000-$600,000 asking range, sold for $691,000 when seven bidders competed for the keys.

Mr Assaad said that since February, when the Reserve Bank of Australia had lowered the nation’s official cash rate in February – prompting most banks to lower their interest rates – he had noted a few more homes surging well past their advertised ranges.

“It is happening a bit more often now, but will it continue to happen? I’m not sure,” he said.


Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox.

MORE: Australia Post Glenroy site sells for $3.3 million

Blue Heelers: Williamstown house that was used as series’ police station passes in at auction

French Provincial Wandin North mansion with private dam, ‘nightclub’ room listed for $3.7m



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *