First-home buyers win Point Cook auction for $880k

This Point Cook home sold for $880,000 under the hammer, the top auction result in Wyndham over the weekend, after a 15-year wait by the new buyers.

A couple who spent 15 years renting have finally claimed a home of their own, and they did it by winning Wyndham’s top recorded auction of the weekend.

The four-bedroom home at 14 Kellerman Drive sold under the hammer for $880,000, the highest result recorded across the region’s weekend auctions, following a strong campaign by Harcourts Point Cook agents Muhammad and Eyad Khudruj.

Muhammad Khudruj said the property attracted immediate interest thanks to its premium features and “all the bells and whistles” that made it stand out from the pack.

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“We had two active bidders on the day and placed a vendor bid to get things started, but once it got going, momentum built quickly,” Mr Khudruj said.

“The home had reaccess stone benchtops, soaring high ceilings, zoned refrigerated cooling, and fully landscaped front and backyards. It was move in ready and incredibly appealing.”

Mr Kudruj said the auction’s successful buyers were first-home buyers who had been renting for more than a decade and acted fast to secure the deal.

One of multiple living zones inside the freshly renovated Point Cook home that first-home buyers snapped up after 15 years of renting.

The entertainer’s kitchen features stone benchtops, a premium oven and ample storage, one of many high-end inclusions that drew buyers in.

“They were absolutely thrilled … they felt confident and trusted us throughout the process,” Mr Khudruj said.

“The wining bidders even booked a building inspection the day before the auction and made their decision within hours. It was a big moment for them.”

Set on a 631sq m allotment in the sought-after Innisfail Estate, the home offered a generous family-sized floorplan with multiple living zones, a newly renovated kitchen, spacious backyard and alfresco deck.

The Harcourts Point Cook agent said the sale also capped off a standout quarter for the agency, with renewed buyer competition and rising clearance rates defying the winter chill.

Low-maintenance landscaping and plenty of room to move made the 631sq m block a standout for families and long-term investors alike.

“This is probably my final sale for FY25, and we’re heading into the new financial year with real momentum,” Mr Khudruj said.

“Despite what some have said about a downturn, every auction we’ve taken to market recently has sold.

“We’re seeing some of the strongest winter numbers since Covid.”

Mr Kudruj added that more Sydney and Queensland investors were circling Wyndham in particular and warned local buyers holding out for more rate cuts that it could cost them.

“Waiting could mean paying $30,000 to $50,000 more for the same home in six months,” he said.
“The market’s already shifted since the last two cuts.”

The alfresco area offered seamless indoor-outdoor flow and helped seal the deal, with the buyers booking a building inspection just hours before buying.

Harcourts Point Cook’s Muhammad Khudruj says Sydney and Queensland based investors are flocking to Melbourne.

As for the sellers, who had previously been listed with three other agents without success, the turnaround came as welcome relief.

“We ran a four-week campaign and sold it under the hammer. They were over the moon,” Mr Khudruj said.

Other notable results in Wyndham last weekend included $816,000 for a four-bedroom home at 5 Broadlands Crt, Hoppers Crossing, and $655,000 for a similar-sized property at 4 Chloris Crt, Tarneit.

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