A young family from Melbourne has paid close to a suburb record price for a renovated East Geelong house without making a physical inspection.
The four-bedroom house at 15 Anderson Street sold for $1.32 million after the buyers made the bold play for the extended california bungalow early in the auction campaign.
Buxton, East Geelong agent Carl McCann said the strong early offer attracted competition from other hopeful purchasers, pushing the sale price $45,000 above the top of the quoted range.
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The competition moved the selling agents to skip the October 17 auction and wrap up the sale early.
“They’re a young family coming out of Melbourne. They’ve bought it without seeing it,” Mr McCann said.
“But they were pretty confident with the video that we provided them and I also did a walk-through with the phone in hand talking through it, answered all their questions and they were comfortable enough to move forward.
“I think with the 360-degree videos that we can provide these days, it’s a lot easier to do a walk-through virtually.
“And they focused on a few things with the phone in hand and away they went.”
Mr McCann said the renovation and extension was finished in 2015, delivering a picture-perfect home featuring a custom kitchen packed with quality features and a spacious family living room that spills out to an entertainment area.
The complete renovation also updated the original portion of the house, adding features like hydronic heating, double-glazed windows, evaporative airconditioning and Velux skylights.
“It was a beautiful home. I think it’s a quality area as well and a lot of people are lining up waiting to get in,” Mr McCann said.
“There hasn’t been a lot of quality properties coming on the market in the area, so those that are coming on the market at the moment are getting strong attention.”
Mr McCann said the buyers, who were unable to physically inspect the property due to Melbourne’s COVID-19 lockdown rules, were keen not miss out on this property, having been beaten to several others recently.
East Geelong’s $1.375 million record house price was set in 2018.
The sellers, also originally from Melbourne, took over the keys to the home in 2012 and had traced the home’s heritage back to former Essendon player Gary O’Donnell, whose grandparents built the house in 1935.
“We’ve fallen in love with the area and it’s going to be sad to leave this street,” the vendor
told the Addy last week.
“It’s been a labour of love but we’ve enjoyed the challenge.”
It’s the second million-dollar sale in the East Geelong pocket in recent weeks.
Previously, a renovated four-bedroom california bungalow at 2 Lindon Street sold for $1.21 million in deal handled by Whitford, Newtown agent Peter Fort.
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