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Two 'uninhabitable' terrace homes in Sydney's inner west sold for almost $2million on Saturday. The deceased estate terraces were advertised as a 'blank canvas' and 'ultimate fixer-upper'.
Though the auction saw bidders cautiously making offers, the three-bedroom unit still sold for $210,000 above the reserve.
A first home buyer had to bid $20,000 against himself to secure a one-bedroom loft in a trendy Sydney suburb during an auction on Saturday.
Fewer new listings and vendor discounting have helped ease tumbling clearance rates a little, but the market is still trending down. It’s a boon for buyers.
First to go under the hammer was a three-bedroom, two-bathroom Marrickville apartment with a price guide of $1.4 million. Then came a two-bedroom one.