Melbourne auctions: Thornbury terrace sells for $1.29 million
A dad acting on behalf of his overseas son made the winning bid on the two-bedroom home. The result was more than double the property’s 2012 sale price.
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A dad acting on behalf of his overseas son made the winning bid on the two-bedroom home. The result was more than double the property’s 2012 sale price.
The home, located on Brighton’s Golden Mile, sold to locals. It was one of 786 scheduled auctions today.
No-one wanted to make the first move, but then two parties made a rapid-fire string of bold bids in a tough contest for the move-in ready home.
The three-bedroom Edwardian passed in on a bid of $1.3 million before selling, on what was a busy auction day in Melbourne after the quiet long weekend.
The two-bedroom home failed to get a single bid from onlookers, with interested first home buyers concerned about the state of the market.