Family gets two points at auction and buys new house an hour after selling it

4 Hardridge St, Croydon sold under the hammer on Saturday for $1.07 million.

A family in East Melbourne was involved in two impressive sales under the hammer last weekend.

Tess and Ben Joy sold their four-bedroom family home in Croydon for $1.07 million, before buying another property at auction an hour after the sale.

4 Hardridge St was hotly contested, with three bidders fighting for the keys on Saturday.

The 9,000-square-foot property listed for $985,000, before quickly passing the $1 million mark.

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The interior at 4 Hardridge St, Croydon.

Sellers Tess and Ben Joy also bought 5 Netley Rise, Doncaster an hour after selling their Croydon home.

The kitchen at 5 Netley Rise, which sold for $1.545 million.

A single mom with two teenage sons won the keys, sold her home in Healesville during Covid, and had been hoping to find her dream home ever since.

Ray White Croydon’s agent, Lynn Mitchell, said the bidding got off to a slow start before the competition heated up.

“I was determined to get this property,” Mitchell said of the lucky buyer.

The face-to-face auction took place at 12:30 p.m.

At 1pm, Joy was bidding on the phone for 5 Netley Rise in Doncaster, a four-bedroom house on a 7,000-square-foot block.

After moving to $1.5 million, further negotiations led to its sale at $1.545 million.

“We’re sad to let the (Croydon) house go, but it’s exciting to have a change,” said Ms Joy.

She and her husband are moving with their two daughters to access a different school zone.

“We definitely had a little champagne that night…a little Moet Chandon,” Joy said.

“It was a double celebration.”

Marshall White Doncaster East manager Brenton Linmeiers and agent Joanna Cao had the list.

One of the many top results from this past weekend also included the whopping $2.98 million sale of 20 Lisbon St, Glen Waverley.

The three-bedroom home rocketed $360,000 over its $2.62 million booking in front of a crowd of 90.

20 Lisbon St, Glen Waverley had a $2.98 million sale on Saturday.

And 9 Monash St, Box Hill South also did well, selling for $2.525 million.

Barry Plant Monash’s agent, Kathleen Kuang, said the offer started at $2.2 million, with “five strong bidders” placing bids in $100,000 increments from there.

But it was an investor with plans to redevelop the 8,000-square-foot property in the next few years who won the keys.

“We had free coffee, chocolates and single-stemmed roses for Mother’s Day for the crowd,” said Ms. Kuang.

“It was a lovely day.”

Also in the east, a five-bedroom flat at 9 Monash St, Box Hill South fetched a $2.525 million sale, $225,000 more than its $2.3 million booking.

The director of Fletchers Blackburn said about 80 people watched three young families compete for the 8,000-square-foot property.

He said the winning bid was made by a family with young children looking to grow up. posted a liquidation rate of 81 percent from 461 results reported last week.

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