quirky Panorama home snapped up under the hammer
It doesn’t look like your average suburban home – which is partly what made it so hotly contested at auction on the weekend.
The Panorama house at 12 Moriane Avenue has a quirky, curvy design, making it stand out from its neighbours.
Harris Real Estate agent Marco Wenzel said coupled with its sought-after location and 702sqm block size, the four-bedroom residence’s unique style made it popular among househunters.
“We had a total of 101 groups through the property and we ultimately had seven registered bidders, so I’d suggest that was a fair auction,” said Mr Wenzel, who sold the property with Sophie Little
“It was hotly contested with various folks wanting to either rebuild or renovate.”
The property, which has been owned by the same family since it was built in 1958, fetched $530,000 under the hammer – just over its $510,000 advertised price.
“The new owners are looking to renovate,” Mr Wenzel said.
“They’re a young couple upsizing into a renovation opportunity.”
Property records show the house was on the market for 20 days before it was snapped up.
According to realestate.com.au data, last week it was the most viewed residential property across South Australia going to auction on the weekend.
Mr Wenzel said it had been sitting empty for 35 years, with the interior left untouched the entire time.
It’s characterised by patterned wallpaper, ornate light fixtures and splashes of colour, particularly in the kitchen.
“It’s straight out of the Jetsons, that’s the feel that it’s got,” Mr Wenzel said.
“It’s a very quirky property, totally original on the inside.”
Mr Wenzel said it was mainly househunters interested in the home as it couldn’t be subdivided for development.
CoreLogic preliminary auction data shows it was one of 75 properties to go under the hammer last week, recording a 77.8 per cent clearance rate.
The number of properties auctioned is down on the figure recorded at the same time last year (117) but the clearance rate is higher (54.1 per cent).