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Werribee’s record deal

A four-bedroom house in Werribee has sold for $2.752 million, setting a new record for the suburb.

According to the Real Estate Institute of Victoria, the previous record for a single dwelling in Werribee was $1.4 million, paid for a four-bedroom house at 4 Ziema Court in November 2016.

The new record was set by a property at 93 Princes Highway, owned by well-known artist Janet Knight.

The house has three bathrooms, a sitting room with leadlight french doors and an in-ground spa featuring mosaic tiling. Set on about 2685 square metres it also has a solar-heated pool, tennis court and landscaped gardens.

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Ms Knight said the house was built as a farmhouse in the mid-1950 and has both Coronation and Olympic bricks in its front façade.

Hockingstuart Werribee Senior sales consultant Andrew Conte said the chance to sell such a “spectacular home” came along “once in a blue moon”.

“It has 1950s-era Hollywood and Palm Springs glamour in the pool area,” he said. “It’s an oasis in the middle of Werribee.”

Mr Conte said there was interest from both private and commercial buyers, resulting in three potential purchasers who “fought” for the property.

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The record price defies recent data that shows the nation’s key property markets are facing their most challenging period in a decade.

The Australian Bureau of Statistics yesterday reported capital city prices fell by 1.5 per cent in the three months to the end of September.

The biggest fall was in Melbourne where prices dropped by 2.6 per cent. It was Melbourne’s toughest quarter since September 2008.

… with The Age

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