22-05-2025
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.
