Historic Williamstown house fetches $1.9 million at auction
An 1850s Williamstown home sold at recent auction for $1.901 million through Adrian Butera of Compton Green Real Estate Williamstown and Yarraville.
The property was listed with a price guide of between $1.7 million to $1.9 million.
Located at 41 Electra Street, the five-bedroom home features both period and contemporary finishings. The front half of the home retains old-world charm with two large bedrooms, tall ceilings, an original fireplace and a character-rich loungeroom.
The living space features modern design with an open plan living space and expansive glass windows.
Other noteworthy features of the home includes a lush backyard with a mezzanine, evaporative cooling, hydronic heating, NSW gum spotted timber floors, and a luxurious kitchen.
It was initially listed with expectations of $1.8 million to $2 million last August, according to RP Data records.
According to the latest RP Data report, the median sale price of houses in Williamstown is $911,500, up 2.4% on last year. The average discount required to sell a house is 6.9%, while private treaty sales average 81 days on market.
The median asking rent for houses in Williamstown is currently $550 per week, while the average rental yield currently stands at 3.1%.