Stephen McLaughlin and Anna Crumpton and their three kids have been searching for a home closer to the city and school and finally found it Saturday morning. As rain drummed what was soon to be their tin roof, the couple went toe-to-toe with another young family for the property.
Five years ago, the Staunton brothers bought a rundown deceased estate in Ascot Vale for $675,000. On Saturday, their entire family were stunned when the four-bedroom Victorian sold for $1.7 million at auction, $300,000 above their reserve price.
A small turnout wasn’t enough to stop an inner-city apartment selling under the hammer for $1.27 million on Saturday.
Our favourite Sydney properties on the market this week come from Castle Hill, Redfern, Great Mackerel Beach, Rose Bay and Tamarama.
Auction selling conditions in popular near-city areas were generally upbeat at the weekend but real estate agents say house prices in Sydney’s struggling outer western suburbs are starting to pull back.
Melbourne’s weekend auction market got away to an early start as a house in Toorak sold for $6.6 million before its scheduled auction.
Melbourne’s mid-spring auction market continues to produce robust results for sellers in most areas despite the usual rising tide of auction listings as the season progresses.
Sydney’s auction market is so far failing to keep up with the fierce results it saw last Spring as clearance rates remain below the season average.
Channel Nine newsreader Alicia Loxley has sold her Abbotsford house for $1.2 million at auction.
There were no signs of a cooling market at the auction of an eastern suburbs home on Saturday when it sold for $420,000 above reserve.