Day: June 13, 2020

Homebuying Demand Just Keeps Getting Stronger

Key Takeaways

  • Demand is 25% above pre-pandemic levels. Buyers haven’t “batted an eyelash” over the possibility of a resurgent pandemic or now protests.
  • Bidding wars are “bananas” with homes “flying off the shelves.” Sale prices are up 3.1%; asking prices are up 9.9%. 
  • New listings are still 15% below last year’s levels. More listings may hit the market soon, though sellers still have more health concerns than buyers. A buyer can decide how many homes to visit, but a seller has to “let an open-ended number of people walk through until the home is sold.”
  • Many renters in the city
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Terrific transformation on huge 971sq m Geelong block

153 Bellerine St, Geelong was renovated and extended and is selling with a price guide of $1.999 million to $1.295 million.

SINGLE-level living has never looked so good.

The seamless transition from old to new at 153 Bellerine St is a feast for the eyes.

Not to mention the space — 971sq m (yep, in the big smoke) and location on offer, too.

We’ll let Whitford, Newtown agent Heidi Trempel, who has the listing with a price guide of $1.999 million to $2.195 million, set the scene.


Incredible Newtown before and after

Former Geelong Cats player Scott Selwood sells

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