Belmont residence beats reserve by $26K as on-site auctions resume

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Auction at 8 Angus Street, Belmont

Barry Plant Highton agent Kieron Hunter calls the public sale at 8 Angus Avenue, Belmont. Image: Peter Ristevski


The primary on-site public sale since COVID-19 restrictions have been lifted in regional Victoria has to place some cream on high of a robust end result for a Belmont vendor.

A two-bedroom townhouse at 8 Angus Street, Belmont, offered for $546,000 after three bidders contested Saturday’s public sale.

Barry Plant, Highton agent Kieron Hunter stated having the ability stand on the property and encourage patrons to proceed bidding helped eclipse the reserve by $26,000.

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Mr Hunter had continued to public sale properties utilizing a web-based app throughout the lockdown however stated returning on web site paid quick dividends.

“You’ll by no means know what’s higher (on-line or on-site since you’ll by no means be capable to do the 2 side-by-side however I do really feel that in particular person, to have the ability to have that private contact, we have been in a position to encourage them to take one other bid,” he stated.

“The fact is there was one other $6000 there, simply from encouragement.”

Auction at 8 Angus Street, Belmont

The unsuccessful bidders. Image: Peter Ristevski


Ben, a first-home purchaser who didn’t wish to reveal his surname, has cemented an escape from Melbourne’s stage 4 lockdown.

Though the well being care employee didn’t attend the public sale, his Geelong-based dad and mom bid for the 312sq m property on his behalf.

“I’ve been trying to enter the property marketplace for the final 12 months or so, so with all the things occurring within the present local weather, Geelong appeared like a logical match for my way of life and being nearer to the household,” he stated.

Auction at 8 Angus Street, Belmont

Bidders wore masks and noticed social distancing on the public sale. Image: Peter Ristevski


“It’s undoubtedly an excellent match. I feel it was a extremely properly and neatly-presented property – pretty low upkeep.

“I’m in my late 20s, so I’m a younger skilled, work in well being care, and it suited my way of life very well.

“It has a pleasant little entertaining space so a chance to be social with pals, however it’s not a property that should undertake an excessive amount of upkeep on.”

Auction at 8 Angus Street, Belmont

Hopeful patrons at 8 Angus Avenue, Belmont. Image: Peter Ristevski


Ben stated his quick household had relocated to Geelong in recent times.

“I’ve been working in Melbourne, however I’ll be residing in Geelong within the subsequent couple of months so I’ll be taking a look at commuting and performing some work domestically as properly,” he stated.

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“I can cut up my time between the 2 and possibly sooner or later transition additional down the Surf Coast.

“My mum and her household are from Geelong and surf coast initially.

8 Angus Avenue, Belmont, has offered for $546,000.


8 Angus Avenue, Belmont, has offered for $546,000.


“It’s all the time had a little bit of attraction to us. As youngsters we have been coming down right here pretty typically, so I see Geelong and the surf coast as being a pleasant blissful medium.”

Mr Hunter stated there have been 10 individuals on the public sale, together with a fourth occasion that didn’t bid and two onlookers.

“The neighbours from throughout the highway have been inconspicuously watering the backyard,” he stated.

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