A HOBBY farm at Moorooduc topped Melbourne’s auction sales on Saturday 4 July when it was knocked down for $3.352 million.
The single level 40 square home on 28 hectares at 675 Moorooduc Hwy was sold by Mornington and Mt Eliza agents McEwing Partners.
It was described as “providing the most sublime rural lifestyle close to suburbia. A much-loved, impeccably-maintained property, the perfect opportunity to begin a new tree-change lifestyle within minutes of the skate park, football club, Peninsula Link, Mt Eliza village and prestigious schools”.
The property was among 864 auctions reported to the REIV for that weekend. Online property portal Property Observer reported the auction clearance rate of 76 per cent was down on the 79 per cent success rate on the last weekend in June, and less than the 77 per cent the weekend before. It was 73 per cent this weekend one year ago.
At the other end of the scale, a property at 10 Plantation Av, Frankston North, sold through Harcourts-Frankston for $270,000.