Three bidders push value for Thomson townhouse

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Profitable bidders Karen Tacon and Patrick Costello are wanting to name Thomson dwelling.

Three bidders raised the value of a renovated Thomson townhome by $ 45,000 above value expectations at an public sale on Saturday.

A pair who moved to Geelong for work and who’re wanting to take pleasure in the advantages of town’s life-style, gained the keys to the three-bedroom, two-bathroom residence on Fagg St.

Public sale on Fagg St, Thomson.

Patrick Costello and Karen Tacon paid $ 635,000 for the impeccably introduced dwelling that was in-built 1980.

The property was listed with value expectations of $ 540,000 to $ 590,000.


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The couple have been actively looking for properties for 2 months, touring suburbs like Highton and Geelong West earlier than discovering Thomson.

Hayeswinckle, East Geelong auctioneer Michelle Winckle, and brokers Adam Murphy and Yan Lin.

They have been drawn to the flat land within the space, in addition to the simple entry to the Bellarine Rail Path, East Geelong, and the CBD.

“We have now come to work and we needed to have a spot that was near town in order that we might journey a motorbike, get to the seaside, have a backyard and have guests,” Ms. Tacon mentioned.

“We simply met two stunning neighbors.

“We actually love Geelong.”

Hayeswinckle, East Geelong auctioneer Michelle Winckle, talks to one of many decrease bidders.

The bidding opened at $ 550,000 and the public sale appeared set to be a two-way battle as the value rose to $ 600,000 the place Hayeswinckle, Newtown auctioneer Michelle Winckle, declared the property available on the market.

Public sale on Fagg St, Thomson.

Mr. Costello and Ms. Tacon entered the race for $ 620,000 and held off one other bidder earlier than Ms. Winckle offered the property for $ 635,000.

The sunshine-filled home is about again from the road and has an open-plan kitchen, eating and dwelling space.

Public sale on Fagg St, Thomson.

Outdoors, the garden faces northwest and there’s a lush patio with a pergola, deck, and paved space.

Hayeswinckle, East Geelong agent Adam Murphy mentioned first-time dwelling consumers and buyers have been additionally among the many purchaser combine.

Public sale on Fagg St, Thomson.

“They preferred the best way it had been renovated, that it was hidden, the backyard and the final really feel of the place,” he mentioned.

“There are plenty of consumers who wish to purchase a spot with every thing completed, they like utterly renovated properties.”

The property was final traded in 2015 for $ 290,000.