A renovated 1928 Camberwell Californian bungalow claimed Melbourne’s top reported auction result, selling for $2.86m after 24 years.
A transformed Camberwell Californian bungalow has claimed Melbourne’s top reported auction result for last weekend after selling for $2.86m.
The five-bedroom home at 10 Callanish Rd was offered for the first time in 24 years, with its long-term owners having completed extensive renovations and extensions across their time at the property.
Heavyside Boroondara director and auctioneer Tim Heavyside said it was “terrific” to secure the city’s top sale for the weekend.
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“The vendors, who owned it for 24 years, had done some pretty extensive renovations and improvements to the property.
“It was a pleasure and an honour to represent them in the sale,” Mr Heavyside said.
The home sold to a local buyer from the Glen Iris area, who Mr Heavyside said valued what the property offered for their family.
“It was sold to the right buyer who really valued the home for what it is,” he said.
French doors open to a large entertainer’s deck, helping the Camberwell home deliver the indoor-outdoor family lifestyle buyers chased.
The huge central kitchen features a massive island bench, breakfast bar, 900mm cooktop and storage overlooking the family living zones.
Set behind a white picket fence, the 1928 weatherboard home combines period character with a major family-focused extension.
The property includes formal living, a large open-plan living and dining area, a huge central kitchen, upstairs main suite with walk-in robe and ensuite, four further bedrooms or flexible accommodation, a full-size studio retreat and a fully integrated double garage.
French doors open to a large entertainers’ deck and landscaped rear garden, with the 864sq m block also offering scope for a future pool.
The dining area forms part of the home’s expansive rear living zone, designed for large-scale family gatherings and entertaining.
The renovated bathroom adds to the move-in-ready appeal that helped the Camberwell bungalow top Melbourne’s auction results.
Mr Heavyside said quality family homes were still finding buyers, even as the broader market became harder to read.
“We’re in uncharted territory in some respects, but by and large, people do need shelter,” he said.
He said the current market could represent stronger value for buyers, but sellers were still achieving results when they met the market.
“Sellers are still enjoying sales, for those that are prepared to meet the market,” he said.
The 1928 weatherboard Californian bungalow sits behind a white picket fence, landscaped gardens and a classic period facade.
The 864sq m block includes a sprawling landscaped backyard, entertainer’s deck and studio retreat, with scope for a future pool.
Mr Heavyside said buyers should focus less on trying to time the market and more on the scarcity of the individual home.
“Sometimes it’s not the market they’re buying, but the actual scarcity of that type of property,” he said.
“If it represents the right property for them, they should act now.”
The extended sitting room gives the home another family living zone, adding to the flexibility that helped drive its $2.86m sale.
He said sellers watching clearance rates should also avoid panic, but needed to be realistic.
“It’s not the end of the world,” he said.
“You need to align your price expectations to the market rather than thinking what I might have got six months ago.”
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