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Yarraville vendors gained a double payday on Saturday, selling a brand-new townhouse under the hammer for $1.46 million - then selling an almost identical vacant home next door to the underbidder for $1.39 million.

The auction at 8b Hawkhurst Street was guided between $1.25 million to $1.35 million, and had a reserve price of $1.4 million.

There is no legal requirement for a vendor’s reserve to be in line with their property’s price guide.

Leo Dardha, director and auctioneer from Woodards Yarraville, said it was a “great auction result” reflecting the high standard of the townhouse.

“The owner-builders brought a high-quality product to Yarraville,” he said. Loading

The four-bedroom property features stone benchtops, high-quality appliances, and fi

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