2 days ago
Buyers move close to home in tightly-held Geelong suburb
An elegant character home metres from Geelong's waterfront parkland has been snapped up in a rare sale for a bayside pocket.
The four-bedroom residence at 24 Wattletree Rd is the only house to sell in Drumcondra this year.
The Geelong Agency's Mitchell Falzon said there was plenty of interest in the 605sq m corner property when it was offered at auction recently, but ultimately just the one buyer was prepared to play ball.
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The property sold for $1.515m.
Mr Falzon said the buyer had an affinity with Drumcondra, a tiny suburb of just nine suburban blocks where houses rarely change hands.
Records show two units have quietly sold recently, with a vacant 824sq m block on Glenleith Ave the most recent sale at $1.75m.
'It definitely caught a lot of attention. In the end though it was really just one family who really wanted the home,' Mr Falzon said.
'There was a couple of others who were subject to finance, subject to this and than, having a lot of conditions.
'But Ray and Sheryl were quite saddened to let go of their home, but they were quite excited to see the new homeowners.'
Mr Falzon said while the buyers were coming from country Victoria, they knew the area well.
'The buyer actually grew up right around the corner, that's what attracted them to this house,' he said.
'They were quite emotionally drawn to the area, it was quite special in that regard.'
The Edwardian character home has leadlight windows, including two porthole features, and heritage-style interiors with tall ceilings, decorative cornices and ornate open fireplaces.
The main house offers four bedrooms over two storeys with a rear balcony looking to the back yard.
A covered courtyard separates the house from a separate garage and workshop with a first floor studio and balcony.
Though it's the first house to sell in Drumcondra for 2025, there's two more on the market, nearby at 19 Wattletree Rd and a few streets over at 1 Grandview Grove.
