Big Bird but no big bids as Mt Waverley house sells after pass-in
Buyers have followed Big Bird to Sesame Street, but not even the famous canary could secure big bids.
The six-bedroom property at 40 Sesame St, Mt Waverley, sold for an undisclosed sum following lengthy negotiations after it passed in for $1.425 million.
The price was believed to be close to the top of the $1.35-$1.45 million price range.
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Weather that would’ve made Elmo blush forced a large and restless crowd to watch the auction in the large living area, with some spilling into the kitchen.
A pregnant young couple finally claimed the cookies after protracted negotiations.
Count von Count would have had little trouble keeping track as three groups bid slowly on the house, following an opening bid of $1.3 million until the property passed in.
“They’re very excited to buy a home and start a family,” McGrath Box Hill agent Ellie Gong said.
The couple, both researchers at Monash University, had been looking for a long time, Ms Gong said.
The vendors are building a new house in Keysborough, closer to their two kids’ primary school.
Ms Gong said they would have preferred to stay in the property but the school trip was too long every day.
“They had lots of emotional and family memories in the house – it was a hard decision for them to let go,” she said.
The vendors paid $935,500 for the property in 2013 according to CoreLogic data, and did a full renovation inside.
“They have really enjoyed the house since then, they really liked the location,” Ms Gong said.
She said prices had rebounded strongly in the area following a recent downturn.
“Prices dropped a little bit before the (federal) election, but after the election the market recovered earlier, especially in Mt Waverley,” she said.
“Definitely it’s because of the school zones and it’s a quiet family area.”
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