A Hoppers Crossing property could be on its way to breaking the suburban price record.
The Kingston Boulevard property, which went on the market just over a week ago, has a three-bedroom ranch-style residence, a carport that could fit nine cars and a large garage with a mezzanine, on a 5799 square-metre block.
The vendors are asking for between $1.36 million and $1.45 million. If it achieves its asking price, the result would break the previous record of $1.26 million paid for a property on Sayers Road earlier this year.
The asking price is more than three times the median house price for Hoppers Crossing. This jumped 6.4 per cent in the September quarter to $370,000.
Agent Robert Fabretto, from Benlor Real Estate, said the property had been meticulously built by the owners, who are moving interstate.
“A lot of stock in the area is now selling around the $1.1 million mark, and a lot of those sites have got very basic houses,” Mr Fabretto said.
“This has got massive, industrial-type warehouse shedding. If a person was smart, they could operate a business from home instead of buying a factory.
“It’s a complete package for a business man.”
The listing comes after Star Weekly reported on the renaissance of the Hoppers Crossing real estate market.
Barry Plant Werribee director Donald McKillop said it was only taking about two weeks to sell Hoppers Crossing properties, with the Mossfiel estate particularly popular.
Wyndham’s property market has had a stellar year, with many properties breaking the $1 million mark. In July, a four-bedroom split-level Sanctuary Lakes property sold for $2.1 million, the most expensive residential property sold in Point Cook to date.
