First published 28 Oct 2026, 5:00am
The 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.
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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, according to the figures, which show a $666,000 median house value in St Albans Park.
Ms Simpson said the sale indicated the market for houses in the suburb remained buoyant, though she said a pre-August rush of buyers looking to add a property to their self-managed super fund before a federal government ban was implemented contributed to the changing market.
The house was listed with price expectations from $669,000 to $735,000.
The 769sq m property sold near the midpoint of a $669,000 to $735,000 price guide, Ms Simpson said.
“It’s unconditional with a 30-day settlement,” she said.
“We opened it on the Saturday. The offer came forward on Sunday. The contracts were signed that Monday and we put the sold sticker on today,” Ms Simpson said this week.
A buyers advocate negotiated the purchase for an investor, she said.
“It was done pretty quickly, but once again it comes down to the presentation of your stock and pricing correctly, and if those two go hand-in-hand, then generally the property sale will come to fruition.”
The house offers an updated kitchen and dining room.
“So even at $695,000, and bearing in mind this property is still three bedrooms, one bathroom and a covered carport, so in relatively original condition.”
The sale price reflected a $49,000 jump in the property’s value since it last sold in 2022, giving the seller plenty of spare change considering the stamp duty on the purchase would been around $33,000.
PropTrack data shows the suburb’s median house value in September was $62,000 higher year on year.
“I auctioned it in 2022 for $646,000 – they’ve had about a $50,000 growth,” Ms Simpson said.
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