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A fresh coat of paint and new carpets helped attract seven parties to the 1970s home, but the location was the clincher.

A Chiswick waterfront home with access to a private beach that last sold for $5 million sparked an auction bidding war between two parties.

Governments across Australia are aiming to build 1.2 million homes in the next five years. But there's one problem that's not being addressed.

Apartments hit new highs

The couple, who competed against a young family, bought the property in post-auction negotiations by offering an extra $50,000.

Twenty-six buyers registered to bid on the two-bedroom unit that is in an unliveable condition

The owners converted the old office into bedroom for their Tibetan mastiff, that was “looked after like a prince”, with a custom-built shower space.

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The vendor owned three houses in the Charming Street neighbourhood, and sold number 22 for a loss after listing it with a published $1 reserve price.

The four-bedroom house had a quoted price range of $2.4 million to $2.5 million, and passed in at $2.6 million.