21 Belcher St, Hamlyn Heights, sold for $845,000 amid competition from multiple buyers.

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A scarcity of mid-priced properties drove strong competition for a Hamlyn Heights home that attracted six bidders.

Buyers looking to upsize paid $845,000 for the four-bedroom house at 21 Belcher St.

It had been advertised with a $730,000-$800,000 price guide but sold for a premium amid a flurry of offers.

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21 Belcher St, Hamlyn Heights has views back towards Corio Bay.

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Gartland, Geelong agent Will Ainsworth said it was a similar story at 21 McDougall St, Geelong West.

That three-bedroom character home was originally listed with a $670,000 to $730,000 price guide, which was later adjusted to $720,000 to $740,000.

It sold for $825,000 through an online sales platform.

The Hamlyn Heights home has an open fireplace in the formal lounge.

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The timber kitchen has stainless steel appliances.

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“We had some definitely above expectation results for both of those properties,” Mr Ainsworth said.

“I think there’s a lack of property in that price point at the moment so that was really what drove the interest levels.

“We had six bidders on Belcher St and five on the McDougall St one so obviously there’s now a handful of people, 10 or so buyers, still in the market for something like that.”

The two-storey house at 21 Belcher St sits on a 764sq m block with an elevated outlook towards Corio Bay from the first-floor open-plan living area and balcony.

Downstairs, a second lounge with an open fireplace and four bedrooms create a family-friendly layout that’s complemented by a spacious backyard.

Five buyers made a play for 21 McDougall St, Geelong West.

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The three-bedroom house retains character features.

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“Upsizers purchased that one and I think the location, the outlook and the size of the home was what drew them to it,” Mr Ainsworth said.

“That one does need a bit of work cosmetically but that is the sort of superficial stuff that these guys can do.”

He said the weatherboard home at 21 McDougall St was also very liveable, with an updated central kitchen and a versatile floor plan.

The central kitchen overlooks the backyard, which is a blank canvas.

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“This was definitely fit the bill of you can move into it, live in comfortably and it was affordable, so that is probably one of the reasons why it went so well,” he said.

“The previous owners had restumped, rewired, replumbed so structurally it was quite a sound home.”