Humble red-brick Sydney home sells for $600,000 over the reserve for $4million
A single-storey red brick home has sold for a staggering $4million, a whopping $610,000 over the reserve price as home prices in Australia's continue to hit new records. The sale of the humble two-bedroom home on Nield Avenue in Rodd Point, in Sydney's inner west, exceeded the owner's expectations because of its waterfront location, city views and huge block that could easily be subdivided or extended. With the popular Bay Run also just a stone's throw away, the home was a rare find for many families looking to settle down, with 25 bidders turning up at the auction on the weekend. A s...
Source: dailymail.co.uk