AN impressive family home in Torquay was snapped up after auction as the coastal property market remains strong.
The property at 49 Beach Rd was passed in at auction before selling not long after.
Melbourne buyers that had just returned from overseas secured the four-bedroom house for $1.275 million, which was in the middle of the asking range.
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McCartney, Torquay agent Tim Carson said the interest in the property had been really good with more than 70 people inspecting it during the five-week campaign.
“This just proves that the Torquay property market hasn’t dropped in price, yes the market has plateaued a little but if the vendors are patient and ensure that their price is right from the start, it will sell,” Mr Carson said.
He said the vendors David and Bev Wilson were extremely pleased with the result and were downsizing and were planning on living between Torquay and Noosa.
The white weatherboard home has a large living and dining space that flows outside to an entertainment deck.
The kitchen connects this living space to separate quarters with another loungeroom and three bedrooms.
The main bedroom is found off the living space.
The property is in an old Torquay location and is walking distance to the beach, shops, cafes and Taylor Park.
The median house price in Torquay has increased 11.7 per cent in the past year to $810,000, according to CoreLogic.