A 10-year-old boy bidding for his grandfather has emerged with the keys at a Bentleigh East auction.
Five bidders contested the four-bedroom townhouse at 2/14 Longview Ave from an $825,000 start.
A rapid series of bids quickly got it on the market at $960,000.
More than $120,000 later, it was Rayaan Bhargava — backed by his dad Peush and bidding for his grandfather Rakesh — who ended the auction with a $1.08 million final offer.
“It was cool,” Rayaan said.
After starting a search for a new investment and future home for Rakesh earlier this year, this had been the first auction they’d bid at, Mr Bhargava said.
“I wasn’t quite sure we’d win it, but my father was,” he said.
Buxton Bentleigh’s Ivan Blow said it was the first time he’d had a child bid at an auction. The result showed “how resilient the market is when you have something that’s scarce”.
“Single-level homes always go well, they appeal to downsizers and families,” Mr Blow said.
In an extra nod for the market, the Bhargavas had pushed the underbidder well past where he had thought they would bid to.
“That’s why you auction,” Mr Blow said.
Bob and Vivianne Rorke were “thrilled” with the sale as they planned to downsize after six years at the home.
“We didn’t know how it was going to go,” Mr Rorke said.