Quick Geelong sale reveals areas where keen buyers remain on the prowl

Add as a preferred source on GoogleThe three-bedroom house at 21 Pinder Court, St Albans Park, sold for $695,000. A Geelong eastern suburbs home snapped up after the first inspection underscores the enduring heat in the market for homes in affordable hot spots. The three-bedroom St Albans Park home sold for $695,000, continuing a run of investors who have put their names to the title of the Pinder Court property. Hayeswinckle East Geelong agent Tiffany Simpson trumpeted the quick sale after recent data revealed affordable hot spots such as St Albans Park, which have been rising stars in the property market in the past year, had begun to lose their shine. RELATED: Geelong’s rising stars lose their property shine Resort-style character home makes bayside splash Building hot spots revealed as home approvals surge 34pc in Geelong The PropTrack home value data, revealed by the Addy earlier in October, showed that suburbs such as St Albans Park, Norlane and Corio had seen hot demand for property particularly from interstate investors catapult house prices more than 10 per cent over the previous year. But the level of growth had actually contracted in the final three months to September, ...