Latest news with #CalifornianBungalow
News.com.au
20-05-2025
- Business
- News.com.au
High-end flip adds more than $350,000 to Geelong character home
Owners who flipped an inner-Geelong character home will walk away having added more than $350,000 to its value in less than three years. The owners upgraded the kitchen and bathrooms and did plenty of cosmetic work to update the three-bedroom Californian bungalow at 3 Lascelles Ave, Manifold Heights, for which they paid $835,000 in late 2022. Now the 483sq m property near a Shannon Ave shopping strip is worth $1.2m, selling in a post-auction deal. Oslo Property agent Curtis Hoare said the buyer snapped up the property after it had passed in at auction. But Mr Hoare said there were other potential purchasers floating around to raise their interest following Saturday's auction. 'Post auction we had a bit of interest, it was pretty popular,' Mr Hoare said. 'We had about 30 buyers throughout the campaign. It was a beautiful, stunning period home.' Mr Hoare said the owner had purchased it with the intention of flipping the property. 'They're a builder by trade and did an absolutely beautiful, contemporary renovation. The build added $365,000 to the home's value, a 43 per cent increase in three years. In that same time, Manifold Heights median house price of $1.26m has increased 29 per cent, according to PropTrack data. The home had already been extended by a previous owner, but the new renovations took that work to a new level. Removing an original fireplace that was floating in the rear, open-plan living area added to the sense of space for a family. The new kitchen showcased stone waterfall benches with an integrated breakfast bar, custom cabinetry and a freestanding Smeg dual fuel cooker. Tiling and VJ panelling added to the style, complementing other features such as full height custom window furnishings. Feature VJ panelling was also used in the main bedroom, which also benefited from an upgrade to the ensuite including a walk-in shower with dual heads. The main bathroom has a floating dual vanity with underbench storage, dual mirrors with concealed storage, a tub and walk-in shower with a wall niche. New electrical and plumbing work was also done inside the walls, along with diamond leaded windows and ducted heating and cooling. Mr Hoare said the next level the renovations took the home to were an attraction for the buyers. 'Just the quality of the build itself – extremely high quality care and very thoughtful done as well.'
News.com.au
18-05-2025
- Business
- News.com.au
East Geelong: California bungalow in Golden Triangle hits sweet spot for commuters
For 13 years, vendors and recent empty nesters Wes and Anita Truscott have called this spacious, converted Californian bungalow in East Geelong home. 'Myers St is beautiful,' Wes Truscott says. 'The many beautiful homes on wide, tree-lined streets – both Myers and those surrounding it – make it a real oasis to come home to.' And it was this, the green, quiet area and the property's central and convenient position in East Geelong's 'golden triangle' that initially attracted the couple to the home. New era dawns for Geelong's 'most iconic home' 'The location is second to none,' Mr Truscott says. 'It's within easy walking distance to everything you need, including the botanic gardens, Eastern Beach, and Geelong city. 'Throughout the years, we walked to the city for work. And when the kids were young, they walked to school, a few blocks away.' Its proximity to East Geelong village, schools, hospitals, and two train stations – South Geelong and Geelong – makes it the 'ultimate commutable location to Melbourne,' says lead agent Marcus Falconer, from Jellis Craig Geelong. The home, at 310 Myers St, East Geelong, also offers benefits and flexibility for hybrid workers. 'The floor plan is incredibly versatile,' Mr Falconer says. 'You can have up to five bedrooms or alternatively up to four living zones, so for those who want that perfect work from home and commute balance, the beauty is they have everything they need to make this happen.' Many classic period features of the timber Californian, such as stained glass windows and in-built fireplaces, have been retained, while renovations by the previous owners and recent updates by the vendors have generated additional space and updated the home with modern conveniences. 'When we bought the home in 2012, it had been renovated to include a rear atrium and expansion of the back living room and kitchen,' Mr Truscott says. 'Recently, we have upgraded the bathrooms, kitchen, flooring and painted inside. It's now pretty much a fully renovated, brand-new home.' This seamless blend of traditional and modern features, including floor-to-ceiling windows, a floating staircase and high-quality appliances, is one of the vendor's favourite features of the home, along with the lifestyle they have helped shape. 'During winter, sitting in front of the fireplace with a glass of red is divine, and we have loved sitting in the secluded garden and often ate and entertained outdoors,' he says. 'In the warmer months, opening up the house brings in the garden and gentle summer breezes. We will really miss living there as it offers an incredible lifestyle.' Mr Falconer will auction 310 Myers St, East Geelong, at noon on May 24 with a $1.5m price guide.
