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The Glen Iris Edwardian won a fierce match in over 1000 m2 and sold for $3.45 million, the highest score in the Melbourne Metropolitan last weekend.
Glen Iris’s Edward Times Capsules surpassed Melbourne’s auction results this week, selling for $3.45 million in a fierce controversial showdown.
The 4 Dorlington Avenue home caught the eye due to its uncontaminated role, and competition eventually pushed it to its revised $2.9 million-$3.1 million price hope.
Mark Harris of Marshall White Stonenington said the results reflect the rare homes of this caliber in the tight Dorlington estate.
“For decades, we haven’t seen a property that still has a strait like the one in the area,” Harris said.
“The neighborhood, mature trees, craftsmanship, it has this awareness of the soul buyer and has the opportunity to renovate and extend in the rear, making it irresistible.”
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The property has not changed hands since 1973, marking the end of its 51-year chapter of its long-term custodian.
Mr Harris said buyers were attracted by the original marble fireplace, stained glass windows and decorative ceilings, but were crucial but not overly shaped.
“It has been updated on parts like the kitchen and bathroom, but the legacy bones are still untouched,” he said.
“This makes it clear that the buyer cannot see its changes.”
The kitchen is updated but sympathetic to its heritage surroundings, blending functionality with timeless charm, which is the key attraction to discern buyers.
With its stated clock and soaring ceilings, this elegant landing area demonstrates the size of the house and the solemn flow between living areas.
Period details continue throughout the bedroom, with high ceilings and curtain windows giving the garden a sense of peace and connection.
The bathroom is one of the few updates, adding comfort and functionality without damaging the overall character and soul of the home.
The ultimate buyer plans to preserve the grand facade of the home and refurbish sensitively, Mr. Harris said it means the world for outgoing owners.
“It’s exciting without a doubt. But knowing the story of the next family wanting to memorialize the house, not deleting it.”
Glen Iris’ sales are due to the demand for homes that have been continuously outstripping supply during the Blue Chip period, so prestigious buyers can quickly take action on a list of geographical locations, lands and heritage.
“The prestige market is still strong, especially for homes with land, charm and potential,” Harris said.
“And if the Reserve Bank is in terms of cutting tax rates, we may see more activity at this level.”
The formal dining room features original fireplace, Baltic pine floors and ambience buyers, described as “warm, grand and memorable”.
The sturdy bricks, built around 1910, feature exquisite heritage features including a marble fireplace, vaulted corridor and extensive return balcony.
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