Real Estate

Cats ruckman taps into pre-auction sale

Written by The ReReport


Geelong footballer Rhys Stanley has kicked off the weekend’s property action early, sealing a deal for his Cheltenham property a day before it was due to go to under the hammer.

A pair of buyers jumped into a pre-auction contest for the three-bedroom home at 7 Swinden Ave ahead of the December 8 date.

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The exact sales result is undisclosed, but topped the home’s $1-$1.1 million advertised price range.

It was the ruckman’s home while he was playing for St Kilda, and has been rented by other Saints players in the years since he was traded to the Cats in 2015.

St Kilda rookies including Jason Holmes have called it home, while Tom Lee had kept an eye on it for Stanley.

Thomson Real Estate Mentone’s Mark Pearman said the result had emerged after a pair of buyers sought to tackle a purchase ahead of auction — with the eventual buyer currently interstate.

“In this market, buyers aren’t growing on trees and if that’s the case, you deal with it,” Mr Pearman said.

The sale was particularly strong given he estimated many homes in the area now took up to seven weeks to sell, meaning often the buyer hadn’t seen the property until after auction day.

“The quality of buyer is out there, there’s just not so many out there,” he said.

“So to get the owner’s expectations and above in this market is great.”

He said he believed the new owner would relocate to the home and, like the underbidder, had been searching for a family home.

The home’s location as well as the open space on offer lured in the buyers, Mr Pearman added.



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