East Geelong’s Golden Triangle seems the best place for expats to mark their return to Australian shores.
The young family snapped up a renovated Victorian era house in the neighbourhood opposite Eastern Park in negotiations immediately after an online auction Saturday.
The buyers were one of two parties to bid on the four-bedroom residence at 18 Orchard St.
The bidding opened at $1.1 million and stalled with the price at $1.175 million.
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The family secured the three-bedroom Orchard St residence for $1.2 million
“They’re expats that have just returned from Singapore and have been looking at areas for some time,” Mr Falconer said.
“They didn’t want to go to Melbourne.
“They liked the family vibe of East Geelong.”
The double-fronted home on a wide, quiet street offered heritage features including a bullnose veranda, fretwork and sidelight windows.
But an open-plan living, dining and kitchen zone was the hub of the home with doors opening wide to extend the living space onto a long covered deck.
The contemporary kitchen boasts striking cast concrete benchtops, an island bench, Bosch appliances, including a 900mm wide oven and six-burner gas cooktop, pantry, loads of storage and splashback garden window.
It was the third property to sell on the city’s eastern fringe last weekend.
The three-bedroom period home at 196 Garden St, Geelong, sold for $1,104,500 as seven bidders vied for the 554sq m property.
Hodges Geelong West agent Jeff Begg said 25 groups had registered to bid, underlining the level of demand for inner city property.
The buyer was a young family moving in from Moonee Ponds, he said.
Meanwhile, downsizers made up most the interest in a two-bedroom residence nearby at 191 Garden St, East Geelong.
Six bidders contested the brick veneer home, which sold for $736,000.
The post East Geelong: Expats net Golden Triangle renovation after auction appeared first on realestate.com.au.
East Geelong’s Golden Triangle seemed the best place for expats to mark their return to Australian shores, securing a renovated Victorian era home after auction.
The post East Geelong: Expats net Golden Triangle renovation after auction appeared first on realestate.com.au.