A long-held Mornington Peninsula holiday house has rewarded three siblings with an auction windfall.

The 8 Turnbull Street, Mornington property, just minutes from the beach and cafes, attracted 11 interested buyers, with six making bids at the September 16 auction.

The four-bedroom house (pictured below) fetched $1.542 million, which was nearly $350,000 above the reserve price, Barry Plant Rosebud Auctioneer Paul Cunnington said.

A family from the eastern suburb of Balwyn edged out homebuyers and developers to win the keys to the property, which will remain a holiday house.

“This would be our strongest auction result this year and shows the market is robust,” Mr Cunnington said.

“The first bid was at the reserve price of $1.2 million and most of the developers dropped out at $1.3-$1.4 million, and two buyers went head-to-head at the end.”

On the same day in Glen Waverley, a house built four decades ago (pictured below) attracted four bidders who drove the price past the reserve by more than $200,000.

The auction at the 57 Shepherd Road property started slowly but the contest escalated when it was called on the market at $1.9 million.

Two homebuyers pushed the price to $2.101 million, which made the sellers “extremely happy”, Barry Plant Glen Waverley auctioneer Tony Ievoli said.

A local family snapped up the five-bedroom house, which was popular with buyers because of its location in the Glen Waverley Secondary and Mount View Primary catchment.

“The sellers would have been pleased with a price close to $2 million,” Mr Ievoli said.

“And this shows quality properties are selling well.”

Meanwhile, a Burwood property that sold prior to its scheduled September 16 auction (pictured below) has set a new price record in the Montpellier Gardens Estate.

The 20 Bentham Court house changed hands for $1.71 million, which was well above the top of the price guide of $1.58 million, Barry Plant Glen Waverley agent Jason Chow said.