Auction watch: Amaroo house breaks its own suburb record

A resort-style house in Amaroo has smashed its own suburb record by almost one-quarter of a million dollars.

The award-winning home at 76 Diamond Street sold for $1.4 million at a competitive auction on Saturday.

The record was previously set in 2014 when the house sold for $1,155,000.

Set on the edge of Yerrabi Pond, the five-bedroom house offered uninterrupted water views, an infinity swimming pool and a gourmet kitchen.

Maria Selleck Properties principal Maria Selleck said the five-bedroom house ticked all the boxes.

“It’s very unique in what it offers as a package,” she said.

“It’s a luxury home, it has a beautiful view of the water and a beautiful setting. You don’t need to go on holidays, you’re on holidays 365 days a year.”

More than 80 groups inspected the home during the three-week marketing campaign.

“We had mainly families with very young teenagers or young children,” Ms Selleck said.

“They wanted to live in the home for the next 10 to 15 years, they were looking for a long-term investment.”

Five parties registered to bid for the home and three placed a bid.

Auctioneer Scott Crossman accepted an opening bid of $1.2 million.

It was a two-horse race after the bidding climbed above the $1.3 million-mark, rising in mainly $5000 increments.

The hammer fell on $1.4 million, selling to a local family.

It was Maria Selleck’s second record-breaking sale of the day.

A five-bedroom house at 26 Mcconchie Street in Weston, sold by tender, exchanged on Saturday morning for $1.55 million, a whopping $375,000 above the previous suburb record.

It was last set in October when 14 Rubbo Crescent sold for $1,175,000.

6 McConchie Circuit in Weston sold for a record-breaking $1.55 million. Photo: Supplied

“The house in Weston also had that wonderful indoor-outdoor feel,” Ms Selleck said.

“It was a quality home and was built by someone with a very good eye for detail.”

Ms Selleck said there was a strong demand for prestige property with a well-considered floor plan.

“Everyone is looking for that indoor-outdoor living and when it’s been done well it will move quickly because it’s highly sought after.”

Saturday’s auction clearance rate of 54.5 percent was down from last week’s 64 per cent, according to Domain Group data.

See all of Saturday’s auction results here.