As the lock-up ends, the Hamlin Heights auction will trigger a scramble at the last minute

The lifting of the blockade in Melbourne has intensified competition for original houses in Hamlin Heights, attracting several last-minute bidders.

Three potential buyers appeared less than 48 hours before the auction on Saturday 7 Pride Avenue, Increasing the number of bidders to five.

The three-bedroom brick house sold for US$810,000, exceeding the highest price hope of US$750,000.

related: Luxury Bellbrae home has fish tank splash plate

Geelong will see more suburbs worth millions

East Geelong address is born for entertainment

McGrath and Geelong auctioneer David Cortous will bid on Saturday.

---

---

McGrath, Geelong’s agent Ricky Ford, said that this auction — the first auction since Melbourne’s reopening — may herald something coming.

“We ended up with seven people interested, which is interesting because three of them came in the past 48 hours,” Mr. Ford said.

“Just because the blockade is over, I have a couple scrambling to prepare for the auction.”

The first-time homebuyer was one of those bidders who saw the opportunity to mark their own mark on the 756-square-meter corner property.

The lounge is very spacious.

---

They lost to a local developer who also saw the potential but had not yet decided on the site plan.

The house has an original kitchen and dining room, separate lounge and two bathrooms, and is equipped with a side door to the double garage and single carport.

Mr. Forte said that this result matches the result of another larger 1000 square meter property he sold nearby six months ago, which shows the magnitude of the recent market changes.

Bathroom at 7 Pride Ave, Hamlyn Heights.

---

That two-bedroom house is in 49 Logan St, Hamlyn Heights, The transaction price in December was $807,500.

“A few months later, 700 square meters were sold at the same price, but 300 square meters less, which is really great,” he said.