Melbourne turns to townhouses at weekend auctions

The priciest townhouse to sell on Melbourne's second weekend in lockdown was at 41A Fifth St, Parkdale.

The four bedroom offering secured $2.01 million, well above its $1.5 million to $1.6 million price guide.

It came with a striking cedar-clad facade.

The contemporary town residence was built by Waldecon Builders within an easy walk of the village.

It came with oak floors, Caesarstone kitchen, alfresco patio complete with infra-red heaters and a dedicated study with workstation.

There was a second living area on the upper level marketed as "sought-after inclusions for today’s families."

It was on one of beachside Parkdale’s prized numbered streets, having first sold in 2017 at $1.48 million after its design by Elevation7 Architects. 

Other townhouse sale notifications in Melbourne included 18A Gladhall Avenue, Thornbury which sold pre-auction in May at $1.8 million.

The 18A Fulton St, St Kilda East townhouse sold at $1,645,000 on a Zoom auction through Buxton last Thursday.

Its price guide had been $1.4 million to $1.47 million. It last sold at $1,112,500 in 2013.

It was marketed as having sumptuous style from its current vendor, an interior designer.

Three sets of French doors unfold to a series of sun filled entertaining decks cocooned in the perfectly private gardens.

CoreLogic calculated there was a 63 percent success rate from 625 apartment and townhouse auction offerings.

The success rate from the 2066 houses was 76 percent.

Sydney apartment vendors saw a 70 percent success rate compared to Melbourne's 56 percent.

There were 312 offerings across Sydney compared to 268 across Melbourne.