Bell Park estate lives up to name

BELL Park’s Prestige Park Estate is living up to its name with another sale above $700,000 on Saturday.

The four-bedroom house at 10 Viola Close, Bell Park, sold under the hammer for $705,000.

Two bidders contested the property at the auction, conducted by Harcourts, North Geelong auctioneer Shane King, pictured below. But listing agent Joe Grgic said two more buyers in the crowd didn’t raise their hands for the modern period-style home.

Bidding opened at $650,000, with two parties raising the stakes.

The four-bedroom house was well presented with polished timber floorboards and high ceilings providing a great foundation.

There are three separate living areas, including a central open-plan kitchen, dining and family room that flows out to an outdoor entertainment area.

The buyers said they were owner occupiers.

BELMONT

BUYERS from Highton made a bold play to secure a four-bedroom brick veneer house in Belmont before auction.

Barry Plant, Highton agent Kieron Hunter said the locals paid $490,000 to take the house at 2 Edith Court off the market ahead of its scheduled auction last Saturday.

“They’re moving out of Highton and plan add a bit of value to the house,” Mr Hunter said. “It was a good offer, above anything else.” The property had been listed with price hopes of $435,000 to $465,000.

The solid brick triple fronted house has hardwood floors and an updated kitchen.

The 640sq m is close to High St and the Waurn Ponds shopping centre.

Mr Hunter secured his second before auction sale in as many weeks when vendors took a $721,000 offer for their three-bedroom house at 10 Sunset Court, Highton.

He said the offer on the architect-designed house was well above the $665,000 top end of the price range for the house that was scheduled to be auctioned on June 30.

HIGHTON

A YOUNG couple is set to make the most of one of Geelong’s most incredible views after buying a four-bedrom Highton house on Saturday.

The buyers outlasted the competition from a Geelong buyer’s advocate to secure the keys to 30 Challambra Crescent, Highton for $755,000.

Hayeswinckle, Highton auctioneer Andrew Crowhurst said the property was all about the position, halfway up the street, which formed part of Geelong’s world championship cycling hill climb.

“30 Challambra Crescent was built in 1975 and has a few renovations along the way,” Mr Crowhurst said.

“The key to it is the deck and the northfacing views. The location is awesome.”

The property is close to Highton Village and Barrabool Hills Shopping Centre. Montpellier Primary School is around the corner.

Mr Crowhurst opened the bidding on a $660,000 vendor bid

The competition was between two buyers, with $2500 bids falling to $500 before the property was sold. Mr Crowhurst said the property had a $700,000 reserve.

THOMSON

COMPETITION from four bidders pushed the price of a two-bedroom Thomson house more than $75,000 over the reserve.

The clinker brick ex-commission house at 35 Winstanley Rd sold for $412,000 on Saturday.

The reserve price had been set at $335,000. Bidding for the house opened at $280,000, with two buyers taking the competition past the reserve before a third party entered the race.

Bids of $5000 continued until the price hit $385,000 when a fourth bidder started with a $2000 offer.

Buxton, Newtown agent Luke Micallef said the bidders for the property were investors.

“I think $412,000 in a suburb that’s on the fringe of East Geelong is still OK,” he said.

“He (the buyer) realises it was a premium but I don’t feel it’s excessive. It will become the norm. I think there is still value there.”