$3m Hampton Park home breaks suburb price record

1 month ago 11

A $3.015 million sale at 4 The Grove has rewritten Hampton Park’s record books. Picture: Area Specialist Rapid

It looks like a luxury resort, but this suburban oasis has just rewritten Hampton Park’s property history with a $3.015m sale.

The four-bedroom estate at 4 The Grove has set a new benchmark for Melbourne’s southeast, eclipsing the suburb’s previous $2m record at 298 Pound Rd in 2022.

Behind its electric gates and manicured hedges sits more than 4000sq m of landscaped grounds, complete with a pool, sauna, spa, gym, basketball court and pool house.

Artist’s Mordialloc home sells $75K over reserve

Inside the A-list wishlist for Celebrity Block

The buyer, a local businessman, purchased the property after just one inspection, securing it by private negotiation in the second week of the campaign.

Area Specialist Rapid director Khaled Arabzadeh said the home drew strong emotional interest from the moment it hit the market.

“It felt like a trip to Bali in your own backyard,” Mr Arabzadeh said.
“The sellers created something unique, the successful offer was unconditional, this was a heart decision.”

A sleek home office combines calm tones with designer cabinetry and garden views. Picture: Area Specialist Rapid

A grand accented living space anchors the home’s luxury aesthetic. Picture: Area Specialist Rapid

Mr Arabzadeh said the home’s outdoor space drove the sale, with buyers spending most of their time exploring the backyard rather than the house.

“People spent five minutes inside and twenty outside,” he said.

“The owners invested about $1.5m back there. I haven’t seen a backyard like this in the southeast.”

A custom bar and collectors’ display create a showpiece for entertaining. Picture: Area Specialist Rapid

The resort feel continues in the bathrooms, finished with full-height marble and gold accents. Picture: Area Specialist Rapid

Listed with a guide of $2.895m-$3.15m, the home attracted four buyer groups and two offers, in a short two weeks, a strong strike rate for a property in this price range.

The deal towers above Hampton Park’s median house price, which sits in the high-$600,000s according to PropTrack.

Mr Arabzadeh said it signals that prestige demand is spreading further across Melbourne’s outer southeast.

“Second-home buyers are confident again,” he said.

The property’s gated circular driveway and manicured hedges hint at the resort escape within. Picture: Area Specialist Rapid

“Many are selling investments because taxes and maintenance have increased, and they are upgrading lifestyle instead. Money is moving into quality living.”

Despite nearby transmission lines, the property’s size, privacy and resort-style fit-out helped it achieve an unprecedented figure for a single residential home in Hampton Park.
The Area Specialist Rapid director said despite the house not being massive, the lifestyle side of the home was the main selling point.

Expansive open-plan interiors deliver a sense of flow, light and luxury. Picture: Area Specialist Rapid

An outdoor kitchen, bar and barbecue zone elevate the backyard’s resort credentials. Picture: Area Specialist Rapid

“The house itself isn’t massive, but the lifestyle is. For a pure home and backyard on this street, this price will stand for a while,” Mr Arabzadeh said.

The agent credited the vendors for their courage to go big when others told them to pull back.

“People told them they were overcapitalising,” he said.
“They took the risk, presented it at a top level and earned the reward. They deserve it.”

The sellers now plan to stay close, househunting around the $2m mark in Narre Warren North.