5 bidders battle for up to date Fifties Belmont home near Excessive Avenue

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Auction at 5 Spring Street, Belmont (PREFERRED)

Successful bidders Alistair Merritt and Andreia Monteiro. Image: Peter Ristevski


A younger couple secured an early Christmas (and wedding ceremony) current once they gained the keys to an up to date Fifties Belmont home at public sale on Saturday.

Alistair Merritt and fiance Andreia Monteiro outlasted 4 different bidders for the proper to name 5 Spring Street dwelling.

Auction at 5 Spring Street, Belmont (PREFERRED)

Belmont, right here we come! The successful bidders Andreia Monteiro and Alistair Merritt. Image: Peter Ristevski.


The Melbourne-based couple, set to be married in March subsequent 12 months, paid $750,000 for the three-bedroom weatherboard dwelling.

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Auction at 5 Spring Street, Belmont (PREFERRED)

Buxton, Highton agent David Grey in motion. Image: Peter Ristevski.


Buxton, Highton agent David Grey stated 70 teams had inspected the property, listed with value hopes of $600,000 to $700,000, in the course of the marketing campaign.

Auction at 5 Spring Street, Belmont (PREFERRED)

The public sale attracted loads of onlookers. Image: Peter Ristevski


He stated some 50 folks had been in attendance on the public sale, amongst them six registered bidders, with 5 competing on the day.

Auction at 5 Spring Street, Belmont (PREFERRED)

Among the underbidders on the public sale at 5 Spring Avenue, Belmont. Image: Peter Ristevski


Ms Monteiro stated the couple, who’ve been home looking since June, thought they’d no probability of successful because of the quantity of stiff competitors.

“It was nerve-racking, and the viewers actually added to the nerves, but it surely was an exciting expertise,” Ms Montiero stated.

Auction at 5 Spring Street, Belmont (PREFERRED)

The are excited to begin their subsequent chapter in Geelong. Image: Peter Ristevski.


“Alistair is from Geelong, and we had been prepared to maneuver again into the Geelong catchment space.

“We didn’t have the arrogance to buy with out inspecting, and when the ring of metal lifted we’ve been spending most weekends wanting.”

Nothing to do however transfer in and luxuriate in all of the spoils of Belmont life.


Three bedrooms, two bogs and a cracking leisure space had been among the many key objects on the pair’s purchaser guidelines.

Plus, loads of house for his or her three-year-old miniature dachshund, Maxwell.

Loads of house for Maxwell to roam within the yard.


Ms Montiero stated it was just about love on the first inspection 5 Spring Avenue.

“We felt immediately at dwelling,” she stated.

“It was actually the primary home we fell in love with, and was inside our funds.”

The open-plan kitchen, dwelling and eating room is designed for entertaining.


Mr Grey stated the character of the house, the slick renovation and the north-facing yard had appealed to potential patrons trying to transfer straight in.

“Nearly all of bidders had been first home-home patrons with a few buyers,” Mr Grey stated.

Excessive ceilings and plantation shutters characteristic all through the house.


Bidding kicked off at $600,000 and shortly reached $700,000 the place Mr Grey referred to as the 556sqm property in the marketplace.

“At $715,000 a extremely robust bid got here in late from a pair that had held again,” Mr Grey stated.

Regardless of the late play, Mr Merritt and Ms Monteiro held on to seal the take care of their second bid of $750,000.

The property, set near Excessive Avenue, colleges and public transport, final traded in December 2016 for $565,000.

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