He added that he was seeing a lot of upsizers and second-home buyers bidding at auctions at the moment.

The suburb’s median house price declined 4.1 per cent to $1,572,500 in the year to March on Domain data.

In Airport West, another long-held family home sold to a young couple for $940,000 after being passed in at auction on Saturday.

Two parties vied for the keys to 89 Victory Road, which was listed with a price guide of $850,000 to $900,000.

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Ray White Gladstone Park listing agent Lachie Kennedy said the auction opened with a vendor bid of $850,000. From there, two parties joined in and slowly pushed the price up to $920,000, where it was passed in.

The buyers, a young couple from Tullamarine, offered up an extra $20,000 during post-auction negotiations and purchased the home for $940,000.

Kennedy said this was the first time the four-bedroom home had been on the market since the original owners built the property in 1959.

“[The vendors] are ecstatic. We had about 25 to 30 [family members] there taking photos,” he said.