Family affair as Belmont house in Barwon River precinct sells $56K above reserve

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Auction: 11 View Street, Belmont

Auction: 11 View Street, Belmont new homeowner Greg Duff. Picture: Glenn Ferguson

Greg Duff was all smiles as won the keys to his first home, set in one of Belmont’s best pockets in front of a 60-strong crowd.

Surrounded by small army of smiling supporters, Mr Duff paid $706,000 for the three-bedroom house at 11 View St on Saturday.

The final figure exceeded price expectations of $600,000 to $650,000.

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Currently living around the corner, Mr Duff jumped at the opportunity to secure his first piece of real estate, and make the most of the 670sq m of space on offer.

Auction: 11 View Street, Belmont

New homeowner Mr Duff places a bid at the jovial auction of 11 View Street, Belmont. Picture: Glenn Ferguson

“We’ve been looking for a couple of years in this general area,” Mr Duff said.

Maxwell Collins auctioneer, Duncan Skene declared the location was “blue chip Belmont”, before opening proceedings, and it took just seconds for the first bid to come through.

Auction: 11 View Street, Belmont

Maxwell Collins, Geelong auctioneer Duncan Skene calling for bids. Picture: Glenn Ferguson

What appeared to be a three-horse bidding race was actually a clever auction strategy between father and son.

Auction: 11 View Street, Belmont

The Maxwell Collins, Geelong team in action, from left Duncan Skene, Laura Vander Noord and Eugene Carroll. Picture: Glenn Ferguson

Mr Duff’s father, standing away from his son, placed the first bid of $620,000.

When the price reached $650,000 Mr Skene declared the property on the market.

Maxwell Collins, Geelong agent Duncan Skene said 30 groups were reported at the first inspection at 11 View St, Belmont.

From there, the Duffs delivered a classic one-two punch, edging out one other bidder to eventually win the keys.

Plenty of cupboards to fill in the updated kitchen at 11 View St, Belmont.

The house has a light-filled lounge with central heating, updated central kitchen and meals area, along with a main bathroom with spa.

There’s even a sunroom at 11 View St, Belmont.

There’s also a double garage, plenty of off-street parking and then location is walking distance to schools, shops and the Barwon River.

Plenty of room to move in the backyard at 11 View St, Belmont.

The property last traded in January 2002 when it sold for $184,250.