A young local family splashed $1.8 million on the four-bedroom home at 2A Graves Street (pictured above), which was scheduled for auction on June 24.
The elegant property attracted 65 groups to the open-house inspections and two pre-auction offers, he said.
“The buyers who had young children loved the location, spacious design and quality of the home,” Mr Khoder said.
Displaying fine finishes and fittings, it features engineered timber flooring, a gas log fireplace, and a designer kitchen with premium Smeg appliances and a butler’s pantry.
The property is in the Buckley Park Secondary College and Essendon North Primary School zones, and near shops, cafes and trams on vibrant Keilor Road.
Mr Khoder said the market in the Essendon area was buoyant, fuelled by a high demand for the low supply of homes.
It was the same in the nearby northern suburb of Glenroy, where a flurry of buyer activity was pushing up prices, he added.
Priced at $1.1-$1.2 million, a four-bedroom house at 6 St Agnes Court, sold under the hammer for $1.265 million.
Mr Khoder said the property was home to the original owners for 50 years before he sold it in 2020 for $760,000 to the current owner.
“The owner did a full makeover on the house and sold it on June 17 for a premium price,” he said.
A single person from Pascoe Vale defeated a family from Greenvale to win the keys to the home.
“She loved the renovation, pool and quiet court location,” Mr Khoder said.
The stunning Hamptons-style home showcases vaulted ceilings, herringbone-laid timber floors and a decorative electric fireplace.
The kitchen is the star of the show with burnished gold hardware, sleek stone benchtops, bespoke shaker cabinets and induction appliances.
Buyers priced out of neighbouring suburbs were swooping on homes in Glenroy for their value and location close to the CBD and the airport, Mr Khoder said.
One of five bidders, a Pascoe Vale family forked out $1.478 million for a renovated four-bedroom house at 46 Golf Links Road, priced at $1.1-$1.2 million.
“There were about 50 groups at the opens,” Mr Khoder said.
“And the auction was well played-out with 116 bids.”
The buyers were drawn to the home’s coastal vibe, family-friendly floorplan, designer kitchen, plus indoor and outdoor entertainment areas.
Up for auction on July 8, a four-bedroom California Bungalow on 1085sq m at 147 Melbourne Avenue, is priced at $1.15-$1.25 million and is expected to attract strong interest from families.
“Period homes are rare in Glenroy, and this one is ideal for those wanting a charming home with room to grow,” Mr Khoder said.
“It has been in the same family for more than 30 years.”
Offering all the mod cons, the extended house with sprawling living areas has beautiful heritage details including soaring ceilings with rosettes, timber floors, picture rails, panelled walls and an open fireplace.
The formal dining room with a Victorian Range kitchen dating back to the early 20th century is a standout feature.