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Buyers purchase classic South Geelong home sight unseen

248 Yarra Street, South Geelong, has sold for $950,000.

Melbourne homebuyers didn’t let the Stage 4 coronavirus lockdown stand in their way of purchasing a South Geelong home.

The buyers relied on their parents’ opinion of the classic renovated Victorian-era residence in the shadows of GMHBA Stadium before deciding to buy sight-unseen.

McGrath, Geelong agent David Cortous said the three-bedroom house at 248 Yarra Street, South Geelong, sold for $950,000.

248 Yarra Street, South Geelong, has sold for $950,000.

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Mr Cortous said the offer came after a week on the market.

“They’re going to move in,” Mr Cortous said.

“They had their parents inspect the home.”

248 Yarra Street, South Geelong, has sold for $950,000.

The period house occupies 475sq m corner block walking distance to the South Geelong Train Station as well as the football ground.

Period features included wrought iron lacework the front veranda, tall ceilings and striking floorboards, while an open-plan living area offered an inner-city style with a spacious kitchen that highlighted the original wood fire.

The dining and living zone opened to a veranda and deck in the backyard.

248 Yarra Street, South Geelong, has sold for $950,000.

A separate self-contained studio offered a fourth bedroom and an additional living space with side access to Foster Street.

South Geelong is a tightly-held inner city suburb where just 10 houses have sold in the previous 12 months.

The median price of $691,500 is 2.3 per cent higher than 2019 but has risen 76 per cent compared to five years ago, according to realestate.com.au.

The post Buyers purchase classic South Geelong home sight unseen appeared first on realestate.com.au.