An eastern suburbs’ buyer, upsizing in the same suburb of Tamarama, paid $12.35 million for a home with a “better view” at auction on Saturday.

The five-bedroom, four-storey ocean view property at 27 Carlisle Street drew a crowd of 80 to the house with easy access to the beach.

Three registered, and two actively bid for the home guided at $11.25 million. Bidding opened at $11.5 million and rose in steady increments to $12 million until it sold under the hammer at its reserve of $12.35 million.

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

Selling agent Alexander Phillips from PPD said it was a “bigger house, better house, better view.”

“They all celebrated after with champagne,” he said.

“It was designed extremely well with go

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