The enormous value buyers place on quality homes close to the Pakington Street shopping village was demonstrated at a Geelong West property sold last week.
A family from Leopold has secured the renovated four-bedroom house at 114 Weller Street for $1.2 million.
The result was $100,000 above the initial price expectations for the 461sq m property, which sold in a matter of days.
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It was advertised with a $1m-$1.1m price guide. CoreLogic data shows the property was on the market for three days.
Hodges, Geelong West agent Marcus Falconer said the buyers wanted the position close to the village.
“They saw it in the Geelong Advertiser and came along and bought it,” Mr Falconer said.
“They were a local buyer, a client from Leopold just wanting to be closer to the village and closer to work.”
Mr Falconer said the Edwardian house was 150m from Pakington Street.
“It’s so close to all the shops. The location was the driver,” he said.
“It was a beautiful period home with a good renovation. It’s what got it across the line.
“It was a good, modern renovation when it was completed and it’s a beautiful family home.”
The Edwardian house retained period features likes stained glass windows, timber dado rails and wall panels, high ceilings and polished timber floors.
But the modern elements created a modern family home.
Floor-to-ceiling stacker doors and servery windows open to connect the main open-plan living space and kitchen to a north-facing outdoor area.
A huge rear picture window ensures the family room is full of light.
There are three bedrooms on the main level, with a fourth bedroom, that could double as a home office, upstairs with a separate powder room.
Geelong West house prices have climbed 3.7 per cent in a year to $700,000, Hometrack data shows.
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