Real Estate

Interstate buyers phone in bids on Highton house

Written by The ReReport
As seen in the Source link, written by news.com.au on 2019-02-10 02:38:25

INTERSTATE buyers were excited as they bid over the phone to secure a rare Highton property.

The family is planning to relocate to Geelong, after buyers agent Jodie Petrusov won the six-bedroom weatherboard house at 8 Oakview Court, Highton for $940,000 at Saturday’s auction.

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The property provides a stunning climax to the court in a neighbourhood close to Epworth Hospital and Waurn Ponds, with a leafy front yard framing the rare timber home built amid a brick veneer street after 2000.

Barry Plant, Highton agent Kieron Hunter said the property has it all, including the six bedrooms, off-street parking for six vehicles and a swimming pool amid the backyard entertainment zone.

Mr Hunter said the rear of the property also offered a view over St Augustine’s Lagoon.

But the auctioneer had to start proceedings with an $850,000 vendor bid after the big crowd contained four confirmed bidders remained silent.

Two young families eventually started bidding, taking the price beyond $800,000 before the buyers agent, with the phone to her ear, entered the fray.

Mr Hunter called the property on the market when the price hit $920,000, though the first bidders tried to remain in the contest with some small bids to no avail.

As the buyer’s agent clients were identified, the agents remembered they had travelled to Geelong during the campaign to inspect the property.

Mr Hunter said the property captured the imagination of buyers, with 60 groups inspecting during the campaign.

Highton’s median house price climbed more than 10 per cent in 2018 to reach more than $610,000.