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Melbourne auctions: Buyers drop $1.47 million on Maribyrnong house ahead of likely interest rate rise - Vimarsana News

Melbourne auctions: Buyers drop $1.47 million on Maribyrnong house ahead of likely interest rate rise

Two bidders competed at auction and a family from Kensington managed to snap it up before interest rates likely go up again next week.

Melbourne auctions: West Melbourne two-bedroom unit in warehouse conversion fetches $930,000 - Vimarsana News

Melbourne auctions: West Melbourne two-bedroom unit in warehouse conversion fetches $930,000

A cheeky initial offer of $600,000 showed at least some buyers think they might be able to bag a bargain property after the first interest rate hike in a decade, but they had another think coming.