Rare Newtown brick home beats hopes by $110K
The three-bedroom period home at 365 Shannon Ave was snapped up for $1.23m at Saturday's auction after three bidders contested the 697sq m property.
McGrath, Newtown agent Georgie Shaw said two bidders competed for the home down to the wire, with an expat family planning to return to Geelong securing the keys to the Edwardian era house.
Mid-century home designed by AFL great up for sale
Geelong's top homes of FY25 worth over $120m
The property had been listed with a $1m to $1.1m price range.
The character-filled house blends Edwardian charm and comfort in a renovation completed since the property last sold for $797,000 in 2018.
That project remodelled the rear living area, where the open-plan kitchen and dining zone offers a butler's pantry and flows onto an expansive deck.
The main lounge has an open fireplace and ornate period detailed ceiling, with the high ceilings, a wide entrance hall and leadlight details among the character features on show.
'A lot of the interest was from Melbourne buyers – inner Melbourne suburbs such as Elsternwick, Albert Park and Middle Park that are dying for that type of beautiful brick period home,' Ms Shaw said.
'And we just don't have many of them in Geelong, so obviously supply is low and demand was huge there.
'The facade was just so pretty and inside was just charming. It has pressed metal ceilings, original features, it had been really beautifully restored and renovated but still in keeping with the feel of the home.'
Ms Shaw said the property attracted about 50 groups during the campaign, with 16 to 18 groups at each inspection.
Even the main road position was not an issue for potential buyers, she said.
'Melbourne people are definitely not as deterred because they're used to it,' Ms Shaw said.
'I've got buyers that, for example, were living on Orrong Rd in Caulfield South, another group of buyers that came through were renting at High St, Armadale.
'Given inner-city Melbourne is so busy and the traffic flows 24/7, it's worse than Shannon Ave.
'And of an evening the traffic dies as there's no restaurants along there, no cafes so it's really only busy in certain times.'
Ms Shaw said the double-brick construction, along with double glazing offered a surprising calm interior for buyers.
'That surprised a lot of people when once they stepped inside the house and closed the front door.
'They realised how solid it was and that all of the living areas were at the rear, with the double-front of the house being double-glazed, they saw even more value.'
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SBS Australia
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The Advertiser
10 hours ago
- The Advertiser
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The United Kingdom has underscored its commitment to AUKUS after revealing it will sign a new 50-year treaty with Australia, amid questions over US involvement in the trilateral security pact. The treaty will be inked when Foreign Minister Penny Wong and Defence Minister Richard Marles host their UK counterparts David Lammy and John Healey in Sydney on Friday for regular Australia-UK ministerial meetings, according to British news agency PA. "This historic treaty confirms our AUKUS commitment for the next half century," UK Defence Secretary John Healey said. While the AUKUS nuclear submarine partnership involves the US, UK and Australia, the treaty is between the latter two nations, as a Pentagon review into the agreement threatens America's future participation. Australia and the UK are expected to lay out the bilateral aspects of the agreement and explore ways the two countries can work together over the next half-century. 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He said NATO had identified China as a threat to its interests as Beijing continues to collaborate with Russia and North Korea. "It's entirely in the interests of European allies in NATO to be working with Indo-Pacific allies," Dr Bristow said. with PA The United Kingdom has underscored its commitment to AUKUS after revealing it will sign a new 50-year treaty with Australia, amid questions over US involvement in the trilateral security pact. The treaty will be inked when Foreign Minister Penny Wong and Defence Minister Richard Marles host their UK counterparts David Lammy and John Healey in Sydney on Friday for regular Australia-UK ministerial meetings, according to British news agency PA. "This historic treaty confirms our AUKUS commitment for the next half century," UK Defence Secretary John Healey said. 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While the AUKUS nuclear submarine partnership involves the US, UK and Australia, the treaty is between the latter two nations, as a Pentagon review into the agreement threatens America's future participation. Australia and the UK are expected to lay out the bilateral aspects of the agreement and explore ways the two countries can work together over the next half-century. In a joint statement, Mr Marles and Senator Wong said the Australia-UK Ministerial Consultations, or AUKMIN, were critical to the two nations' shared interests. "We take the world as it is - but together, we are working to shape it for the better," Senator Wong said. Under the $368 billion AUKUS program, Australia will buy at least three Virginia-class nuclear-powered submarines from the US in the early 2030s. A new class of nuclear submarines will be built in Adelaide and delivered in the 2040s. 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Dr Bristow said Australia should be welcoming carrier strike groups from European countries. He said NATO had identified China as a threat to its interests as Beijing continues to collaborate with Russia and North Korea. "It's entirely in the interests of European allies in NATO to be working with Indo-Pacific allies," Dr Bristow said. with PA
West Australian
11 hours ago
- West Australian
UK, Australia to ink new AUKUS deal amid US uncertainty, Penny Wong and Richard Marles host talks in Sydney
The UK will sign a new 50-year bilateral AUKUS treaty with Australia during ministerial talks in Sydney, as question marks continue over US involvement in the submarine project. Foreign Secretary David Lammy and Defence Secretary John Healey will meet their Australian counterparts Penny Wong and Richard Marles at the annual Australia-UK ministerial meeting, or Aukmin, in Sydney. They will then travel on to Melbourne to meet businesses involved in the AUKUS submarine program. They will also visit Darwin as the UK Carrier Strike Group docks in the Northern Territory. The AUKUS partnership between the UK, US and Australia involves building nuclear-powered attack submarines - including Australia acquiring its first such fleet - and co-operating in other areas of defence. It was agreed by the three countries in 2021, but the Trump administration has put it under review, raising fears it could pull out. The deal now being signed by the UK and Australia sets out the bilateral aspects of the partnership and how the two countries will work together to deliver the AUKUS submarine program over the next half-century. 'AUKUS is one of Britain's most important defence partnerships, strengthening global security while driving growth at home,' Mr Healey said. 'This historic treaty confirms our AUKUS commitment for the next half century.' He said people 'not yet born' will benefit from jobs secured through the deal. More than 21,000 people in the UK are expected to be working on the program at its peak. Mr Lammy said the UK-Australia relationship is 'like no other'. 'In our increasingly volatile and dangerous world, our anchoring friendship has real impact in the protection of global peace and prosperity,' he said. 'Our new bilateral AUKUS treaty is an embodiment of that - safeguarding a free and open Indo-Pacific whilst catalysing growth for both our countries.'
