Real Estate

first home buyers to help ex saint tom hickey to auction disposal

Written by The ReReport

Ex-Saint Tom Hickey is selling his 29 Widdop Cres, Hampton East, first home.

Former St Kilda footballer Tom Hickey is among more than 1300 Melbourne homesellers set to tackle the auction market this weekend.
The ruckman — who was traded to reigning premiers West Coast at the end of the 2018 season — is putting his Hampton East three-bedder under the hammer after four consecutive weeks of clearance rates below 50 per cent.
But his chances of a quick disposal might be better than most of the pack with the market’s most active buyer group — first-home buyers — on the mark, according to his agent.

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The home’s bright living spaces have appealed to first-time buyers.

Buxton Hampton East’s Sharon Quick said there was genuine interest for 29 Widdop Cres, Hampton East.
And it was likely to be older first-home buyers fighting for the keys, despite an $820,000-$880,000 asking price.

Outdoor spaces remain private thanks to a high fence.

“We have had nearly 40 groups through,” Ms Quick said.
“The interest has been above-average in this market.
“It has been mostly first-home buyers … professional couples.”
The three-bedroom, two-bathroom floorplan and an affordable price by Bayside standards were among the major attractions.
The footballer’s sale has been sparked by his move west.

The three bedrooms are all generously proportioned.

Out of town, 273 Kelleys Beach Rd, Lake Fyans, was featured on renovation reality show House Rules last year.
With an affordable $525,000-$575,000 asking price, it had also been popular ahead of auction, according to Ray White’s Phillip Lee.

273 Kelleys Beach Rd, Lake Fyans, has been home to House Rules’ Fiona Taylor.

“We have some interested parties,” Mr Lee said.
“We have had some retirees and people looking to relocate for a tree change. And some locals looking at the house.”
Groups from Ballarat, Ararat, Horsham and Melbourne had all inspected the home.

The house has a number of striking design features throughout, thanks to the show.

Owner Fiona Taylor was the Channel 7 show’s token villain last year and said she was reluctantly selling to cut down a lengthy commute to work.
“It’s a bit of bittersweet,” Ms Taylor said.
“My children and myself have some great memories that we have lived at the home.
“I never intended on selling the home. But this means I don’t have to commute any more.”

Impressive living spaces have been a part of the appeal to the wide variety of buyers.

CoreLogic Australian head of real estate Geoff White said while last week’s 46.2 per cent clearance rate was the lowest since 2012, the figure had remained relatively stable in the mid- to high-40s for the past few weeks.
And homes were still selling — albeit with a growing number after auction.
“While the market is more subdued, there’s still some underlying strength,” Mr White said.
“It’s lower than it was 12 months ago, but it’s not as low as it could be.
“This coming week, as you get more auctions, there’s potentially more spreading of the buyers which does put on a bit of pressure.“But we are seeing sales because vendors and buyers are meeting in the middle.”

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