Barry Plant, Highton agent Kieron Hunter congratulates Royce Doherty and Michael Hillyard on their first home.
A CHARMING house in a popular Belmont street has sold under the hammer to Melbourne buyers as their first home.
The buyers started off the bidding for 77 Iona Ave with a bid of $510,000 before another other party entered the auction with a bid of $570,000.
The two parties competed for the property with the first bidders securing it for $595,000, well above the $530,000 to $550,000 asking range.
The charming house has been updated.
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The buyers Royce Doherty and Michael Hillyard said they had been looking for a few months but were attracted to this property because it was “a lovely old home with a reserve at the end of the road”.
The first-home buyers plan on making the move from Melbourne to Belmont.
The kitchen has been updated.
The covered outdoor entertainment area.
Barry Plant, Highton agent Kieron Hunter said Belmont was the most in demand suburb.
“This is entry-level real estate and the house is neat as a pin,” Mr Hunter said.
The updated three-bedroom house is on 585sq m of land and is walking distance to several schools and is positioned between Highton Village and High St.
The median house price in Belmont has increased 10.3 per cent in the past year to $512,500, according to CoreLogic.