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As seen in the Source link, written by couriermail.com.au on 2019-11-09 16:17:45

The winning bidder (centre) was all smiles after buying 166 Thornhill Rd, Highton at auction on Saturday. Picture: Glenn Ferguson

A DECISIVE final bid that took everyone by surprise helped a huge Highton property smash its auction reserve by at least $160,000 on Saturday.

The new owners of 166 Thornhill Rd left nothing to chance with a successful knockout bid that added $49,000 to the value of the five-bedroom house.

The shock tactic pushed the price of the 2290sq m property opposite Christian College from $1,101,000 to $1,150,000 and immediately put it out of reach of two other bidders.

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Moments earlier the underbidder had edged in front with an offer of an extra $1000.

Price hopes for the house had been $875,000 to $940,000 but it took just two bids to eclipse that mark.

Buxton agent David Gray quickly declared the property on the market as offers raced to $990,000.

Auction of 166 Thornhill Rd, Highton

Buxton agent David Gray calls the auction. Picture: Glenn Ferguson

With five bedrooms, three living areas and a large outdoor entertainment area that easily accommodated the auction crowd during a downpour, multiple buyers saw value in the larger-than-average land size.

Mr Gray said it was rare to find such space in suburban Geelong.

“You are generally searching out of town but to find it right in Highton is incredible, there is no doubt about that,” he said.

The main living area.

The outdoor entertainment area comes with a swim spa.

The new owners said they fell for the character, location and space of the property the moment they saw it.

“The location is very nice, the land and the decoration — we love everything,” they said.

An open-plan kitchen, dining and living room with a cathedral ceilings and a wood fire is the heart of the house and overlooks the expansive backyard and the deck with a swim spa.

There are four bedrooms on the ground level, with a fifth bedroom or study upstairs adjoining a living room that would make a great teen retreat.

A large shed with a mezzanine floor compliments another double garage.

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