Award-winning century-old house smashes local records
<p>Despite drastically diminishing market conditions, the century-old mansion in the luxurious suburb of Kingsville, Victoria, has surpassed the local pricing record more than 12 months after first being listed for sale. </p>
<p>The four-bedroom property – that even has its own ballroom – lies on 1,578 square metres and was snapped up for $2.7m just one week before Christmas – and that was after being sadly passed-in at an auction in November.</p>
<p>Even though it was initially listed with a prospective pricing target of $4m way back in October 2021, the final price of $2.7m was a good $800,000 clear of the previous local pricing record of $1.93m.</p>
<p>Leo Dardha from Hockingstuart Yarraville told <a href="realestate.com.au/news/kingston-house-price-record-mansion-smashes-record-by-800000/" target="_blank" rel="noopener"><em>The Herald Sun</em></a> that buyers “loved the history, they loved the character and they loved the size of the land”.</p>
<p>“It’s one of a kind in Kingsville,” he said.</p>
<p>“It’s won a couple of awards. It won a beautification award in 1991 from Maribyrnong Council and has had only two owners in 100 years.</p>
<p>“The first owners who commissioned the build were in the transport industry and the second were a local family who moved from another home on Somerville Rd and enjoyed the past 40 years there; it was their pride and joy, their trophy home and they raised their family there.”</p>
<p>The upper level of the home is a ballroom that has been the scene of many functions with family and friends over the years, while the wider house features rich timber throughout.</p>
<p>An entrance hall, formal lounge and dining rooms, sitting room, and office or sunroom, are among the other traditional highlights.</p>
<p><em>Images: Hockingstuart Yarraville </em></p>
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