Cate Blanchett's Australia home hitting the auction block

Blanchett and her husband, Andrew Upton, reportedly purchased the home in 2006

Cate Blanchett's Australian home is hitting the auction block on March 9.

Blanchett – who is an Australian native – and her husband, Andrew Upton, reportedly purchased the home in 2006. Per the listing, the home has a price guide of between $1.47 million and $1.6 million.

The home is located in Prahran, a suburb of Melbourne, and features three bedrooms and two bathrooms. The open-floor plan home is gated, offering privacy for future residents.

Cate Blanchett Australia home

Cate Blanchhett's Australian home is going up for auction. (Getty Images/Fox Business / Fox News)

The two-story home is described as a "tranquil oasis" with its own private garden and deck. Blanchett and Upton's former home borders Victoria Gardens, which is a nearly 5-acre park located in Prahran.

Reps for Blanchett did not immediately respond to Fox Business' requests for comment.

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Blanchett and Upton have quite a love story. In 2015, the Academy Award-winning actress was a guest on "The Ellen DeGeneres" show, where she revealed that she immediately knew she wanted to marry her now-husband.

Outside of home

Cate Blanchett's former home is expected to have a starting bid of just under $1.5 million. (Fox Business / Fox News)

Living room

The home in Australia is an open-floor plan. (Fox Business / Fox News)

"He turned to me, we were in bed, as you are after three days, and he said. 'Cate.' And I thought, 'S---, he’s gonna ask me to marry him and I’m gonna have to say yes,'" she recalled at the time. "And then he said, 'No, I'm hungry. Do you want to go get something to eat?'"

Upton, a playwright, proposed to Blanchett 21 days after their first date.

Cate Blanchett's home

The home has three bedrooms and two bathrooms. (Fox Business / Fox News)

Patio

There is a private outdoor patio on the property. (Fox Business / Fox News)

"But then he asked me after about 21 days and I said yes. I cooked him the worst meal," Blanchett recalled. "I somehow decided that to stuff a trout with walnuts and goat cheese would be a good idea. He ate it, and then he asked me to marry him. So, clearly he was ... I don’t know, hallucinating. He realized I couldn’t cook."

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The "Ocean's 8" actress said at the time that a way to a man's heart is through his stomach. "No, you give them food poisoning," Blanchett joked. "They're delirious, and then you've got them."

Cate Blanchett and Andrew Upton

Cate Blanchett and Andrew Upton reportedly purchased the home in 2006. (Photo by David M. Benett / Getty Images)

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Blanchett and Upton tied the knot in 1997. The couple share four children: Dashiell, 22, Roman, 19, and Ignatius, 16 and the couple adopted their daughter, Edith, 8, in 2015.