This Essendon home has just smashed the suburb’s house price record by almost $1m.
An almost century old Essendon mansion has smashed the suburb’s house price record with a more than $9.75m deal to a buyer returning from Dubai.
The six-bedroom, three-bathroom house comes with a pool and tennis court, as well as crystal chandeliers, marble-tiled bathrooms an extensive wine cellar, home theatre and four living spaces.
There’s even a second kitchen and fourth bathroom in a pool house next to the backyard’s water feature.
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The Tudor-style home dates back to the 1930s when it was designed by architects C Stewart Russell.
Zed Real Estate’s Michael Miggiani and Ali Omid brokered the deal with what they have dubbed a “celebrity factor” sales method to a former resident of the suburb who had relocated to Dubai but is now returning to Melbourne.
The home is understood to have sold within its $9.75m-$10.7m advertised range, with industry sources indicating it came close to topping the suburb’s old record by close to $1m.
The home comes with a north-south tennis court in the back yard.
A swimming pool is set at the back left side of the property, which has an unusual hour-glass block with two large parcels connected by a small piece of land at the corners.
A grand staircase and parquet floors give the home a sense of grandeur as you enter.
The previous high water mark was set at $9.05m by a house on McCracken St in 2023.
“We had interest from AFL players and super car drivers reach out to us,” Mr Miggiani said.
Title documents show a caveat was placed on the address earlier this month.
The property last changed hands for $8m in 2018.
Mr Ali said the sale had been concluded in the span of about 45 days, without a single open for inspection scheduled or staging the home — instead using AI to add furniture to imagery.
AI-generated furnishings were used to promote the home without the need for staging.
A spacious kitchen gives the residence scope to cater for a crowd.
Most of the home’s rooms are grandiose in size, including the bedrooms.
“We didn’t stage the whole home and run open homes, we went more exclusive and used a celebrity factor approach,” he said.
The pair said they had achieved dozens of other strong sales with a similar approach.
It is understood the vendors “got the price they were after” and were looking for a change of scenery.
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