Five bidders drive big sale price for inner city Geelong home

Winning bidder Annabel Wallace scored this central Geelong house at auction on Saturday just three weeks after starting her search. Picture: Peter Ristevski


A Geelong character home beat price hopes by $110,000 as five bidders contested a prime inner city location at auction on Saturday.

Red-hot competition drove the $911,000 sale of the three-bedroom house at 23 Maud Street before a big crowd.

Price expectations had been $800,000 heading into the auction, but buyers saw greater value in the position close to South Geelong train station and the CBD.

RELATED: Conversion on the cards for Mount Moriac church

Waterfront jewel selling for first time

Where buyers are lining up for Geelong property

The house has great street appeal.


The second living area overlooks the backyard.


Bidding for the updated Victorian-era house opened at $750,000 and quickly raced over $900,000.

It was a case of first time lucky for eventual buyer Annabel Wallace, who only started house hunting three weeks ago after moving to Geelong last year.

“This was the first one I looked at,” Ms Wallace said.

“I just fell in the love with its character. I’m from Tasmania so I was looking for something that reminded me of home.”

Auction of 23 Maud Street, Geelong

Ms Wallace is all smiles after the hammer fell in her favour. Picture: Peter Ristevski


Many original features have been retained.



Hodges, Geelong West agent Ryan Shelley said a lack of stock in the city spurred high levels of interest in the property.

“It was a fantastic result,” Mr Shelley said.

“Being obviously inner city living, the CBD location was a major drawcard.

“And the fact it had a triple car garage in that kind of location.”

Auction of 23 Maud Street, Geelong

Hodges, Geelong West agent Marcus Falconer calls the auction on Saturday. Picture: Peter Ristevski


He said that section of Maud Street was a bit of a “hidden gem” that was only a short stroll from the Kardinia Park precinct.

The weatherboard house has been sympathetically updated and blends period features like brick fireplaces, iron lacework and decorative plaster detail with a modern kitchen and two living areas.

The outdoor entertainment area links to a separate home office or studio, while the three-car garage and workshop is accessed off a rear lane.

Source link