Having recently returned to Melbourne, the vendors of a Macleod unit have successfully sold the property they bought while living in overseas in Dubai.
Norm and Sue Dean have sold their Macleod property that they bought while living in Dubai. Picture: Mark Stewart
After spending about 14 years living overseas, Norm and Sue Dean have secured the final puzzle piece to help them lay down their roots in Melbourne again.
They sold their three-bedroom unit in Macleod for $855,000 at auction on Saturday, surpassing their reserve of $830,000 – and are now ready for their next chapter.
Mr Dean said they had bought the 3/5 Graham Court property in 2014, while living in Dubai, with plans to live in it when they returned.
The unit is tucked away in a quite court position.
The kitchen is filled with natural light.
But after landing home in 2020 amid the Covid-19 pandemic, things had changed.
“We spent a total of 10 years in Dubai over two stints, and four years living in Hong Kong (for work),” Mr Dean said.
“When we came back after we did quarantine in Perth we decided to live in the CBD to be closer to family. We put a tenant in when we bought the property, so we’ve only just moved in here (before we sell it).
“We’ve decided to stay in the CBD and we’ve purchased an apartment in Collins St.”
Ms Dean said the sale was the last loose end before they could “finally feel a bit settled”.
“We’ve got lots of boxes everywhere,” she said.
“Whenever we came back after being away for 14 years was always going to have its challenges, (the pandemic) meant it was just a little more difficult.”
A spacious living area.
The bathroom has a bath and shower.
A local downsizer bought the home.
Ray White Macleod’s Brett Schembri said two buyers “fought it out” for the property in a quiet court location.
It was between a family bidder and a local who was looking to downsize, before the downsizer scored the keys.
“It’s in a nice and small complex,” Mr Schembri said.
“It’s only one of four. They are all owner occupied and the home itself being single level is what most downsizers are looking for and can be hard to find.”
He said stock was tight in Macleod.
“It’s not a huge suburb,” he added.
“Our numbers for opens this year have increased (since late last year).
“It’s still early on, but I had two auctions today and both sold under the hammer above reserve.”
But he said demand had “peeled back” from its peak last year, with most auctions getting “two bidders” compared with the earlier average of four or five.
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Originally published as Expats sell Macleod pad for $25,000 over reserve
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