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Land size and location push price of “old” Highton home

Rebecca Thompson

Rebecca Thompson

27 May 2022, 8:22am

Geelong Advertiser

Auction at 240 Roslyn Rd, Highton.


A rare chance to secure a large land allotment in a prime “old” Highton location drew big bidding at auction on Sunday.

Adding to the appeal, the four-bedroom home at 240 Roslyn Rd was offered for sale for the first time in 60 years.

Auction at 240 Roslyn Rd, Highton.


Melbourne buyers keen on the substantial 1677sq m block, set across two titles, edged out two local families to score the keys.

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Auction at 240 Roslyn Rd, Highton.


They paid $1.555m for the architect-designed home, built in 1963, that’s walking distance to Highton Village.

It was listed with price hopes of $1,350,000 to $1,450,000.

HF Richardson, Newtown agent Matt Poustie said the buyers were investors and may look to lease the property initially.

Auction at 240 Roslyn Rd, Highton.


“The house was much-loved and is in exceptional condition,” Mr Poustie said.

“Long term they’ll look at development opportunities.

Auction at 240 Roslyn Rd, Highton.


“It’s a solid and safe investment, they’ve been looking around Geelong for a little while and hadn’t seen that land size or quality.”

The home has a formal lounge with open fireplace and bay windows, a formal dining room, internal courtyard, study and large family room with north-facing garden views.

It features a tennis court, lawn and outdoor entertainment area, workshop and double garage.

Later in the day, at Little River, a 5.18ha property sold well over price hopes in a lengthy auction lasting 20 minutes.

Five bidders saw value in the property at 86-104 Flinders St, that was listed with price expectations of $1.975m to $2.1m.

Auction at 86-104 Flinders St, Little River.


Mr Poustie said it sold for $2.5m to a family from Sunshine keen for a rural lifestyle change.

“They’ve been looking for a little while, their friends purchased in Little River last year and that’s where they wanted to move to,” Mr Poutie said.

Auction at 86-104 Flinders St, Little River.


“All the remaining underbidders were from Pt Cook, Werribee and Geelong, and an investor from Melbourne.”

Mr Poustie said the property’s reserve price was $2.1m.

Auction at 86-104 Flinders St, Little River.


“This one was a surprise packet, it sold $400,000 over reserve,” Mr Poustie said.

Auction at 86-104 Flinders St, Little River.


“It sold above the top of the quoted range, we felt prior to auction that most of the interest was in the $2m to $2.2m range, with genuine feedback from buyers.”

The impressive residence has four bedrooms, three bathrooms, multiple living zones and a home office.

Auction at 86-104 Flinders St, Little River.


Outside, there’s 11 paddocks, a dog run and kennel, stables, a tack room and large machinery shed.

The property is close to the Little River town centre, and offers easy access to the Princes Hwy.

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