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Stellar East Geelong renovation transforms ‘worst house' in best street
Stellar East Geelong renovation transforms ‘worst house' in best street

News.com.au

time28-05-2025

  • Business
  • News.com.au

Stellar East Geelong renovation transforms ‘worst house' in best street

Some might say a Gippsland couple bit off more than it could chew when it took on the mammoth task of renovating an inhabitable cottage hundreds of kilometres away in East Geelong. But many weekends spent travelling back and forth and roughing it in the back yard while chipping away at the luxe transformation may have finally paid off. The renovators' hard work stands to add up to $700,000 to the value of the three-bedroom house at 192 Verner St, East Geelong, after it was listed for sale through Whitford, Newtown agent Heidi Trempel for $1.3m to $1.37m. The newly restored and extended cottage is unrecognisable from when they bought 'the ugly duckling in the best street' less than two years ago. 'It was basically uninhabitable at the time. The hot water was rusted so it basically had no water and the power was on but it wasn't safe,' the vendor said. 'Obviously the front section is original but again they took out heaps of walls at different times in the living room and hallway, load bearing walls that had to be put back in. 'It had to be restumped so we went back to dirt inside the house … we knew it was a big job but it was bigger than we thought.' They worked with Louise Andrew Building Design Solutions to bring their high-end vision to life, employing a builder for the major works before taking on much of the fit-out themselves. A new rear living zone is a highlight, showcasing feature arches, a gas strut kitchen servery window and a wet bar. As a carpenter by trade, creating all the custom timber features was a labour of love for vendor. This includes subtle arches above the bed in the main bedroom suite, built-in storage in the second lounge and the kitchen cabinetry. 'We love timber but my wife had to rein it in a little bit so it's just accents,' he said. Another custom feature of the house is a large combined laundry and butler's pantry accessed via an arched doorway off the kitchen. The vendor, who hopes to use the house as a stepping stone to one day tackle a Melbourne project, said they targeted East Geelong because it stacked up as a place where there was scope to see good return on a quality renovation. 'We didn't realise until we had the house what a great little area it is,' he said. 'There's all the cafes and you can walk to the bach or the Barwon River.'

Inner Geelong snapped up in ‘good buy' after first inspection
Inner Geelong snapped up in ‘good buy' after first inspection

News.com.au

time25-05-2025

  • Business
  • News.com.au

Inner Geelong snapped up in ‘good buy' after first inspection

A local buyer who inspected an inner Geelong home for the first time prior to auction, used the post-auction unconditional period to lob an offer with the sweetener of a short settlement to snap up the property. The purchasers paid $750,000 for the four-bedroom character home at 20 Thorne St, East Geelong, after the home had been passed in at auction. Gartland, Geelong agent Greg Matheson said the deal surprised some people, who he said later told him they would have acted at the level on the two-storey house. But they didn't, and the buyer ultimately timed a run to purchase the home to perfection. 'She went through the property for the first time at the auction,' Mr Matheson said. 'Her offer was under auction conditions, so it was an unconditional offer.' While the buyer had inspected the property prior to the auction, she didn't raise a hand when the auction opened. 'She walked up after it and said I'm going to put an offer in – unconditional, 30 days,' he said. 'Come Monday, it was reverting to private sale, which all of a sudden brings in conditional buyers, who are subject to finance or other conditions.' Mr Matheson said he negotiated to raise the final deal to $750,000. The attraction was the location, he said. 'It's a great pocket of East Geelong and a really tightly-held community. 'It's always been a prestigious location but it's probably one of those that's been mistakenly overlooked for far too long. 'It is such a great spot near the CBD, Eastern Gardens. There has been a heavy focus on Geelong West, Newtown, Manifold Heights and Hamlyn Heights – that side of town. 'She feels she's got a really good buy.' The property went to auction with price hopes from $820,000 to $890,000, after tenants had vacated the home. East Geelong's median house price is $765,000, according to the latest PropTrack data. The two-storey character home offered an appealing entry point to one of East Geelong's most tightly held tree-lined streets where new owners could renovate or extend. The four-bedroom house occupies a 357sq m block with dual-street frontage, paving the way for new owners to add garaging off Winter St. A large north-facing porch adorned with leadlight windows introduces the weatherboard home, which has ducted heating, split-system cooling and solar panels. Inside, the entry level features high ceilings and archways that link the cosy front lounge to a formal dining room with a decorative corner fireplace. Upstairs is a light-filled parents' retreat that incorporates a second living space and a spacious main bedroom with a modern ensuite and a walk-in wardrobe.

Bold bid snatches East Geelong ‘Golden Triangle' home prior to auction
Bold bid snatches East Geelong ‘Golden Triangle' home prior to auction

News.com.au

time22-05-2025

  • Business
  • News.com.au

Bold bid snatches East Geelong ‘Golden Triangle' home prior to auction

A Sydney buyer who swooped on a renovated period home in East Geelong's 'Golden Triangle' has ensured it's off the market before it was scheduled to go to auction this weekend. The ornate, four-bedroom character house that gives way to a modern, split-level extension complete with a bright atrium sold for $1.55m. The 607sq m property at 310 Myers St, East Geelong, was scheduled to be auctioned on Saturday with a price expectation of $1.5m. Jellis Craig Geelong agent Marcus Falconer said the aggressive offer after inspecting the property mid-campaign ensured it would come off that market before other potential buyers had their ducks in a row. Mr Falconer said the buyer was relocating to Geelong, where there is already family. 'She came down and just put forward an aggressive offer pre auction to secure it,' Mr Falconer said. 'There was strong interest from locals and people relocating to the area. She beat a few to the punch that weren't quite ready to pull the trigger.' Mr Falconer said the Golden Triangle position, close to the Garden St shopping village and Geelong's botanic gardens, and the heritage facade convinced the buyer to make a move. 'East Geelong is probably one of the best-kept secrets for Geelong. I think local people have started to give it the due attention that outside people who love it do.' The boulevard was also a key attraction for the sellers, who enjoyed the wide, tree-lined street and those surrounding it. Its proximity to East Geelong village, schools, hospitals, and two train stations – South Geelong and Geelong – makes it the 'ultimate commutable location to Melbourne, Mr Falconer said. The house also offers a flexible floorplan, with up to five bedrooms or up to four living zones. 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. The owners added a modern touch in new renovations to the bathrooms and kitchen, flooring and painting. It's the most expensive sale in East Geelong for two years. The suburb's median house price has dropped nearly 18 per cent in three years to $765,000, according to PropTrack data.

East Geelong: California bungalow in Golden Triangle hits sweet spot for commuters
East Geelong: California bungalow in Golden Triangle hits sweet spot for commuters

News.com.au

time18-05-2025

  • 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.

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