Three bidders fought it out for a renovated home off Lygon Street which sold above expectations, but the agent said the scale of inquiries seen last year has subsided. auctions
First-home buyers also snapped up a rare two-bedroom home in South Yarra for $1.501 million.Advertisement
Abercromby’s selling agent Simon Curtain said while the home sold well, the market was very different to last year. Marshall White Bayside director and auctioneer Stephen Smith said while the auction was the main attraction in the street, children in the neighbourhood also took advantage of the large crowd by selling cookies in the garage before auction.
In the exclusive suburb of South Yarra, first-home buyers also snapped up a rare two-bedroom house which had been an investment property.sold under the hammer for $1.501 million after three bidders competed. Kay & Burton senior sales consultant Monique Depierre said the auction kicked off with a vendor bid of $1.8 million, as a crowd of around 30 people watched.
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