Newtown character houses snapped up in Christmas buying spree

50 Retreat Rd, Newtown bought for $1.507 million on December 30.

Launching non-public sale campaigns simply earlier than Christmas has paid off for the distributors of two Newtown houses who scored speedy gross sales over the festive interval.

A number of patrons competed for a five-bedroom character dwelling at 50 Retreat Rd, which was snapped up in 4 days.

A place in one in every of Newtown’s most interesting streets — proper close to Sacred Coronary heart Faculty — underpinned the $1.507 million sale.

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McGrath, Geelong agent Jim Cross stated the distributors opted for personal sale over an public sale marketing campaign as a result of they have been itemizing so near Christmas.

“We really three or 4 patrons making affords on the property,” he stated.

“As a result of lots of properties have been going to public sale there was a lot quantity for auctions all through the higher suburbs of Geelong.

“Itemizing a property for personal sale there was really lots of patrons as a result of, one, they may take motion and purchase it right away and, two, there’s individuals who can’t purchase at public sale so it labored of their favour.”

Freshly polished hardwood flooring and a brand new kitchen have been amongst current enhancements.

The formal loungeroom has an open hearth and window seat.

The 2-storey weatherboard home has a versatile floorplan with a number of residing areas, together with an upstairs retreat with a balcony capturing views of the You Yangs.

Mr Cross stated in addition to the premium location, patrons have been drawn to the attractive presentation.

“The distributors did all the appropriate issues, they painted and furnished it and put in a brand new kitchen,” he stated.

A spacious 688sq m block was an enormous drawcard for a younger Melbourne household who secured one other character dwelling at 11 Belfast St, Newtown, on Christmas Eve.

11 Belfast St, Newtown bought for $1.52 million.

Interval particulars have been retained inside.

They paid $1.52 million for the three-bedroom, two-bathroom home that hit the market in early December and was underneath provide inside per week.

“The attraction was clearly the situation, near Pakington St and colleges, but additionally it was an enormous block with full rear entry,” Mr Cross stated.

“These sorts of properties have gotten more durable and more durable to search out.

“They needed an enormous yard for his or her children to play and kick a footy.”

The sizeable block was an enormous attraction.

He stated November and December had seen an anticipated rush of latest listings however the variety of patrons nonetheless out there remained sturdy.

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