CERES hobby farm Anembo sold at auction on the weekend.

The 22.87ha property, located about an hour southwest of Melbourne, sold under the hammer for $1.21 million.

The property was sold to a local purchaser.

Selling agent Ken Drysdale said the property had been marketed with an estimated price of $1.1 million-plus and the auction result was "very sound".

Website sold

PROPERTY website myhome.com.au has been purchased by RealestateVIEW.com.au

The acquisition is expected to increase content for real estate agents and consumers across the nation.