The three-bedroom Epping home built by FIFO worker Joel Moriss sold under the hammer for $785,000.
FIFO worker Joel Moriss has sold the Epping home he built himself for $785,000.
The three-bedroom house at 48 Manor House Drive sold under the hammer about $25,000 above its $700,000-$760,000 price guide, with two bidders competing.
A first-home buyer couple beat one rival to secure the property after only a few months of searching.
RELATED: Shock $98k result for burnt-out shell
Yoghurt giant opens Melb cafe with huge freebie
Melb lockdown DIY disaster turns into $960k payday
Mr Moriss built the home and lived in it before later turning it into an investment, with the sale marking an emotional farewell.
Ray White South Morang agent Nick Petrovski said the result reflected both the owner’s connection to the property and steady demand at the entry-level end of the market.
“The seller, Joel, is a FIFO worker who built the home and lived in it for a period before turning it into an investment,” Mr Petrovski said.
48 Manor House Drive, Epping sold for $785,000, beating its price guide as first-home buyers compete for sub-$800k homes.
The three-bedroom Epping home built by FIFO worker Joel Moriss sold under the hammer for $785,000.
“It was an emotional sale given his connection to the property, but he was very happy with the result.”
Set on about 558sq m, the home includes multiple living areas and a renovated ensuite, appealing to buyers seeking space at an accessible price point.
Homes under $800,000 are becoming harder to find across Melbourne’s north, with competition strongest for well-presented properties.
Two bidders competed for the Epping property before a first-home buyer couple secured the keys.
Set on about 558sq m, the home offers multiple living areas and space suited to young families.
Mr Petrovski said enquiry levels and buyer numbers in the northern corridor had remained steady.
“Buyers are a little cautious, but once they have pre-approval in place, they’re more confident and willing to participate on auction day,” he said.
Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox.
MORE: Melb lockdown DIY disaster turns into $960k payday
Illegal Anzac Day auctions canned
Portelli unveils plan for $1-a-litre petrol
david.bonaddio@news.com.au
Help us improve your reading experience
Got a minute? Your feedback will help us build a better experience for you.
Help us improve this page
English (US) · 