Traders edged out first-home patrons within the race to snare an unrenovated brick veneer home in Clifton Springs at public sale on Saturday.
A neighborhood couple held off two different events to win the prize of 25 Takanna Avenue at $550,000.
However, they needed to combat for the three-bedroom, one toilet dwelling set on a 585sq m allotment.
There was robust bidding from the get-go, with public sale proceedings kicking off at $450,000.
Hayeswinckle, Drysdale promoting agent Michaela Miller stated previous to public sale that 4 patrons had confirmed their intention to bid on the entry-level property, that was listed with worth hopes of $415,000 – $455,000.
Ms Miller stated first-home patrons and traders have been eager to get their fingers on the home she described as “entry stage shopping for at its greatest”.
“Bidding was extremely robust, we had extra bidders within the crowd however it was going up in such fast increments,” Ms Miller stated.
“The robust opening bid even took our auctioneer, Danny Hayes, just a little unexpectedly.
“A stunning native couple purchased it as an funding and can put tenants in.
“The rental demand is uncontrolled for the time being.
“For one thing unrenovated, it actually reveals the expansion happening within the space and the potential down there.”
Ms Miller stated 24 Takanna Avenue was the one public sale marketing campaign presently available on the market at Clifton Springs.
“The Bellarine Peninsula is booming,” Ms Miller stated.
“It’s a bit quieter and a bit extra undiscovered than the Surf Coast.”
The house was in-built 1986 and options a big multipurpose residing zone and spacious kitchen with electrical cooking.
The again backyard has a coated leisure space, loads of open grassed area, in addition to fruit timber, vegetable containers and a shed.
The property final traded in 2017 for $402,000.