Horse trainer wins Cox Plate, sells Malvern East home

It was a double dose of good news for trainer Colin Little yesterday, who on top of winning the Cox Plate with El Segundo, sold his former family home for $70,500 over reserve.

Mr Little bought 1 Merville Avenue, Malvern East, in 1984 for $84,000 – coincidentally from the wins of a race horse.

With wife Jacqui, he lived there until the 1990s – taking up residence at Caulfield Racecourse’s Lord Lodge Racing Stable.

Malvern East then became an investment.

He named the clinker brick Ranee’s Cottage, in recognition of the horse which got it for him.

Hodges’ Andrew Boyce and Michelle Shelton auctioned it yesterday.

The sale price was $920,500.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.