Buyers strike gold with historic Mooroolbark estate
A historic Mooroolbark estate, built by a gold nugget and with an impressive list of past notable owners, has sold for almost $2 million.
The property at 5-8 The Briars, which was listed at a price guide of $1.95-$2.1 million, sold for $1.97 million.
One of only three pre-1900s homes in the region, the stately residence is surrounded by Edna Walling-inspired gardens with views of the Dandenong Ranges and Yarra Valley.
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The landmark home was bought by a Surrey Hills family, after they were captured by the home’s history and price range.
“They saw it as amazing value — they fell in love with the house and the history,” Jellis Craig Doncaster agent Matthew Lockyer said.
“They hadn’t looked at any other houses in that area and came across this through our inner-city market — they almost bought it on the spot. To them, the 30-minute extra commute meant nothing to having a house this special.”
“Most people who came to view the home had no intention of moving that far but certainly fell in love it.”
Built by notable explorer William Carr-Boyd after he discovered a 1.22kg gold nugget, the property was also formerly owned by high-flying sporting family the Browns.
Former Australian netball captain and coach Joyce Brown and husband Colin bought the house in 1969, where their son Fraser, a former Carlton footballer, grew up.
The vendors decided to sell the property after moving to the peninsula and not spending enough time at the Mooroolbark estate, Mr Lockyer said.
“They felt bad to leave such a stately home vacant — that’s the reason they sold it.”
Mr Lockyer said there was still plenty of interest in high-end properties.
“The high-end market is still seeing strong buyer interest from more inner-city buyers coming out.”
Mr Lockyer said inner-city locals were branching out to achieve more value for money, after his agency sold seven properties over the last 10 days valued above $2 million.
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