Geelong tradie nails down first home on a big block in a bumper Belmont location
A brick veneer house in a sought-after Belmont position proved hot property, selling $100K over price hopes at auction.
A brick veneer house in a sought-after position proved hot property for buyers in Belmont on Saturday.
A huge crowd watched seven bidders compete for the three-bedroom house at 100 Apex Ave, which sold under the hammer for $560,000,
The sale smashed the listed price hopes of $440,000 to $460,000.
Alistair Lindeman, supported by parents Carol and Peter, outlasted the competition and will move in, get busy renovating and make the most of the 612sq m of space on offer.
He had a secret weapon in dad Peter, a real estate agent for RT Edgar, who was more than ready to help out in the bidding battle.
The house has an updated bathroom with floor-to-ceiling tiles, a light-filled lounge and hardwood flooring.
Outside, there’s a high front fence for privacy, double garage, single carport and big backyard bursting with potential.
Barry Plant, Highton agent Ray Rounds welcomed 82 parties during the three-week campaign, with first-home buyers and tradies leading the charge.
He said buyers were drawn to the location close to the best of Highton and Belmont, the potential and value long-term.
“It needs a bit of work but it’s such a good spot down at the Highton end of Belmont as I call it,” Mr Rounds said.
“It was a good result … you just don’t know what’s going to happen but the market has really bounced back.”
CoreLogic records show the house last traded in November 2012 for $350,000.
Originally published as Geelong tradie nails down first home on a big block in a bumper Belmont location