First-time buyer after a Belmont seachange secures 1960s house
A 1960s era weatherboard house in Belmont provides a first-home buyer with an opportunity to make a seachange.
Kate Daley bought the four-bedroom house at 8 Brocka Ave, Belmont, for $651,000 at auction on Saturday.
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Ms Daley, who is based in Gisborne, said her parents have a place in Ocean Grove and she has been visiting the region for the past 25 years.
“It’s an up and coming area, some of the cafes are quite nice around here,” Ms Daley said.
“It’s got good freeway access for me as I’m working in Melton, so it’s easy for me to get back.
“It’s close to the beach and a bigger sort of a house than in Melbourne, which would be a bit more tiny and squashed,” she said.
Ms Daley, who stood by her father Carl who did the bidding, was one to two buyers keen on the house in the street close to Highton Village shopping centre.
Bidding opened at $590,000 and McGrath, Geelong auctioneer David Cortous said the property was on the market when the price hit $630,000.
That announcement sparked a series of smaller bids as the pair of buyers tested each other’s budgets.
The underbidder hit their limit at $650,000.
Mr Cortous said the well presented property meant the buyers only had to move their furniture in.
“This is blue chip Belmont, with views over the Highton valley, you can walk to the river or Highton village for breakfast. It’s a fantastic lifestyle location.”
In an interesting aside, the original builder of the house was in the crowd and told the agents he’d sold the house new for 3500 pounds.