Young buyer snaps up Batesford tennis court block for $1.03m

The vendors of 41 Maddern Ave, Batesford, subdivided off part of their backyard. Batesford homeowners have scored a huge windfall after selling off their tennis court and surplus backyard for more than $1m. A 24-year-old Geelong man who scrimped and saved to secure his dream acreage home site beat strong competition for the subdivided corner block. He paid $1.03m for the 4033sq m parcel of land at 41 Madden Ave, Batesford, where he plans to build a Hamptons-inspired house. RELATED: Carpark seals $1.25m Grovedale home sale ‘Too expensive’: Gen Z, millennials shun local property dream Geelong hotspots where demand has surged The sale sets a new price benchmark for one-acre blocks in the lifestyle township, where the median house price is $1.89m. White House, North Geelong agent Aisha Coe said three buyers were in the hunt for the land, with two battling it out in the end. She said the vendors moved from Herne Hill to Batesford five years ago and loved the acreage lifestyle but realised their original property was just a bit too big so chopped off the block at the back of their house. “It was the highest price ever achieved for an acre block in Batesford at $1.03m and a 24-year-old la...