Highton fire­fighter up­grades to lux­ury digs af­ter swoop­ing at auc­tion

Geelong Advertiser - - REAL ESTATE - NI­COLE MAYNE

BUY­ERS priced out of Grovedale and Bel­mont are look­ing across the river to Break­wa­ter for more af­ford­able prop­er­ties.

A three-bed­room house at 11 Fell­mon­gers Rd, Break­wa­ter, sold for $41,000 above re­serve at auc­tion on Satur­day af­ter at­tract­ing strong in­ter­est from sev­eral bid­ders.

An in­vestor even­tu­ally fought off three other con­tenders to buy the house for $391,000 af­ter 19 min­utes of bid­ding.

Hayeswinckle, East Gee­long agent Stacey Hayes said two of the four bid­ders present couldn’t let the prop­erty go. “The price was above ex­pec­ta­tions,” she said. It was the fourth house to sell along the busy strip since July, ac­cord­ing to CoreLogic.

Ms Hayes said prox­im­ity to the Break­wa­ter Bridge and Bel­mont shops was a key at­trac­tion.

“Peo­ple priced out of Bel­mont and Grovedale are look­ing in Break­wa­ter,” she said.


A MEL­BOURNE fam­ily plans to call East Gee­long home af­ter se­cur­ing a ren­o­va­tor’s de­light in one of the sub­urb’s prime streets.

The buy­ers ne­go­ti­ated the pur­chase of 17 Or­chard St for an undis­closed sum af­ter it was passed in for $585,000 at auc­tion on Satur­day.

The un­ren­o­vated char­ac­ter house close to East­ern Park, pic­tured above, at­tracted bids from two par­ties be­fore a large crowd on the day.

The prop­erty had an ex­pected price range of $548,000 to $598,000.

Maxwell Collins, Gee­long agent Duncan Skene said the house has been in the ven­dor’s fam­ily for 50 years.


A GEE­LONG West fam­ily that spent 18 months search­ing for its dream house has found “the one” right un­der its nose.

The cou­ple and their two young chil­dren snapped up 32 Crofton St, Gee­long West at auc­tion on Satur­day af­ter rent­ing an­other prop­erty just up the street.

They paid $757,000 for the ren­o­vated and ex­tended three-bed­room house that pre­vi­ously op­er­ated as a hol­i­day rental.

McGrath, Gee­long agent Will Ainsworth said “ag­gres­sive bid­ding” from five par­ties saw the price quickly sur­pass the $700,000 re­serve.

“These peo­ple had been look­ing for around 18 months but had missed out,” he said.

It was not such a happy end­ing for one of their fel­low bid­ders, who also bid on 217 Kil­gour St, East Gee­long at a later auc­tion.

Mr McGrath said they again walked away empty-handed af­ter the four-bed­room her­itage house sold to a Canberra cou­ple for $756,000.


A PEACE­FUL park­land set­ting sealed the deal for the new owner of a Grovedale house auc­tioned on Satur­day.

Bel­mont fa­ther Bryan Woods is look­ing for­ward to mov­ing into 14 Hoses Lane (pic­tured above) with his chil­dren af­ter buy­ing the prop­erty for $492,000.

Stock­dale & Leggo, Bel­mont auc­tion­eer David Graham was right when he tipped the lo­ca­tion as the ma­jor at­trac­tion for buy­ers. “It’s re­ally peace­ful,” Mr Woods said. “I came here four or five times and you can hear the trees, you can hear the birds and it’s at the end of a lit­tle street.”


NEWCOMB has lived up to its rep­u­ta­tion as a sub­urb to watch with an­other strong week­end auc­tion re­sult.

A 1950s brick house at 36 Wil­sons Rd (pic­tured above) sold well above ex­pec­ta­tion on Satur­day amid healthy com­pe­ti­tion from in­vestors and first-home buy­ers.

A Mel­bourne in­vestor bought the prop­erty for $426,000 af­ter strong bid­ding from four par­ties, two of which com­peted over the phone.

Price ex­pec­ta­tions for the three-bed­room house had been be­tween $330,000 and $360,000.

McGrath, Gee­long agent Wayne Baker said the strong re­sult re­flected grow­ing in­ter­est in the Newcomb prop­erty mar­ket, par­tic­u­larly in the pocket be­tween Por­tar­ling­ton Rd and the Bel­lar­ine High­way, near Bound­ary Rd.

“It’s only 10 min­utes out from the CBD,” Mr Baker said.

“It’s got a lot go­ing for it.”

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