Gary Ablett beaten at Newtown auction as bidders push price $40K over reserve
A young couple edged out Cats great Gary Ablett in a contest for a Newtown property on Saturday.
The couple who had been renting in Barwon Heads made a late play for the three-bedroom weatherboard house at 309 Autumn St.
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Midway through the auction it appeared as if Ablett, supported by wife Jordan, had front position in the bidding for the updated character home, until the buyers entered the fray, as the price eased $40,000 over the reserve.
Teammate Gryan Myers was also spotted keenly watching the auction among the 50 onlookers in the crowd.
Buxton, Newtown auctioneer Ben Riddle kicked off the bidding with a $630,000 vendor bid and declared the property was on the market when the price reached $680,000.
A handful of bidders were in contention, with bids dropping to $2000 until a bidder in the back blocks made the late play and the property sold for $720,000 under the hammer.
The buyers, a young couple from Barwon Heads, will move into the move into the family home with three bedrooms, large deck and double garage.
Mr Riddle said they sold up in Melbourne up last year and had been renting on the Bellarine Peninsula.
“They wanted to get back into the market but weren’t really decided until today to buy,” he said.
The character home, with loads of space, style and modern features, had been listed with price hopes from $655,000 and $695,000.
It’s set on a 665sq m block among established trees and a pretty garden at the Western end of Autumn Street.
The house has central heating, gas log fire with three split-system airconditioning units.
— REBECCA THOMPSON