First homeowners were the ones to buy this property.Mr Ferguson said this sale was typical of those in Ascot, and this particular home had been attractive to buyers because of its contemporary style and location.“It’s low maintenance, it’s got that modern contemporary feel about it and it’s private,” he said.“It’s opposite Oriel Park which is the hub of the area and is walking distance to Ascot State School.”Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 3:17Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -3:17 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels576p576p480p480p256p256p228p228pAutoA, selectedAudio Tracken (Main), selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.Close Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenMichelle Hele’s May market wrap03:17 Inside the home at 107 Upper Lancaster Rd, Ascot.He also said the buyers were first homeowners.“A beautiful young couple bought the home and it’s their first home,” Mr Ferguson said.“They had been looking for a while and they settled on this one as ‘the one’.” More from newsNew apartments released at idyllic retirement community Samford Grove Presented by Parks and wildlife the new lust-haves post coronavirus18 hours agoThe alfresco dining area at 107 Upper Lancaster Rd, Ascot.The auction was paused at $1,450,000 as agents engaged in consultation with the sellers.Following negotiations with the vendors and bidders, the two-level home was sold under the hammer after the highest bidder agreed to raise their bid to $1,550,000.Ray White Ascot principal Dwight Ferguson said the vendors were happy with the outcome and were selling as they were moving overseas for work. A crowd gathered in the backyard at 107 Upper Lancaster Rd, Ascot, to watch the auction unfold.This Ascot home was so great even the dog wanted a piece of it.An intimate crowd of about 20 people turned out to watch the auction at 107 Upper Lancaster Rd unfold at 11am today, piling into the sunny backyard of the property.There were five registered bidders among the group. The home at 107 Upper Lancaster Rd, Ascot, sold under the hammer today.The auction kicked off with no hesitation from those registered, with an immediate opening bid of $1,000,000.Bidding rose in quick $50,000 increments, and even the dog tried to bid, with one-year-old Cavoodle onlooker Jax chiming in with a few barks to signify his excitement.