A young first-home buyer couple who had been renting locally splashed $1,457,000 on a single-fronted Northcote house at auction on Saturday.boasted a smart outdoor living space and attracted two bidders at auction.Bidding began at $1.32 million, within the quoted price range of $1.3 million to $1.4 million.
The winners beat another professional couple for the keys. For both parties, it was their first time bidding at auction, he said.He said the market in his area between $1 million and $1.5 million was proving popular, and highlighted a period of steady interest rates for giving buyers confidence. In Greenvale, seven bidders fought it out for a four-bedroom house in front of a 60-person crowd, and a local family nabbed the property at auction for $695,000.kicked off at the low end of its $590,000 to $630,000 price guide, with all seven parties throwing out bids and slowly driving the price up to $640,000.
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