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Sydney auctions: Newtown house sells for $3.11 million in a three-minute auction

The rapid-fire bidding between two buyers saw the five-bedroom family home sell for $360,000 above reserve at auction on Saturday. 

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Maroubra house sells for $3.7m in market rated neither hot nor cold

The highest bidder was less focused on rising interest rates than a potential deposit shortfall if the bank valuation came in under their purchase price.

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