First home buyers continue to be a strong segment of the real estate market within the limits of COVID, soaring the real estate offered for auction.
The two groups competed for a three-bedroom Highton property and were sold under a hammer for $ 699,500.
Highton agent Julia Warren’s Barry Plant said four parties had registered to bid on the Marichev exhibition hall on 194 South Valley Road.
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Ms. Warren said the buyer lived in Wonderna Heights.
“They’re a really nice young first home buyer couple, living in Wonderna Heights and buying it, so it’s going to be a family home,” she said.
Geelong Builder’s reputation was a selling point, Warren said.
“The quality and layout of the house was really popular, but most buyers loved the large backyard and the large L-shaped outdoor entertainment area.
“Many people still have that quality assumption because it was the original exhibition. It was (Marishev) famous for its well-built house, but it was because it was the original exhibition. The A-plus version of the house when it was built. “
The three-bedroom house had three living zones with bay windows and a 720-square-meter landscaping block.
Earlier this week, the Belmont couple accepted a pre-auction offer at a brick veneer house in the 1980s.
According to distributor Matthew Hunt, the four-bedroom brick veneer house at 6 Tintina La Crescent in Belmont sold for $ 560,000, the upper limit of the quote.
“We were of great interest from many young first home buyers and a few investors from Geelong,” Hunt said.
“We did a virtual inspection of some of our Melbourne buyers, but selling them at auction was probably a bit difficult.
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“This first couple of homebuyers made an offer before the auction.
“For owners, it exceeded their expectations and they wanted to keep it out before the auction.”
Mr. Hunt said the house was clean as a pin.
“I was so well cared for that I was able to move in and enjoy it, but there was room for great value in the future,” he said.
The seller, who was the second owner of the title when the property was 12 months old, is pleased that it remains a family home.
“Owners are keen to sell it to the first homebuyers, knowing that it’s probably there for a long time and hopefully going to a young couple to have a family and make it their family’s home did.”
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First-time buyers secure Marichev’s exhibition space at Highton Auction
Source link First-time buyers secure Marichev’s exhibition space at Highton Auction