Emily Power is a freelance writer.
The winning couple embraced the underbidders after realising they had been competing against friends trying to buy the same property at auction.
There is an element of fascination – and satisfaction – when architects flip the brief onto themselves.
It’s more famous for oranges than auctions, but the city in Australia’s food bowl is a destination for tree-changers and investors.
Long regarded as the most elite suburb, the harbourside neighbourhood has just been granted a rare statistical insight.
It’s not a plotline from Succession: high-net-worth Australians are quietly hiring drivers, gardeners, chefs, butlers, art curators and more.
The two-bedroom, top-floor apartment is close to the action and sailed $111,000 above its reserve price.
A couple expecting their first child paid $225,000 above the reserve to buy a Victorian-era home at auction on Saturday, outbidding three other parties.
An architect recommended the graffiti-covered eyesore should be knocked down, but Anthony had a better idea.
The well-worn freestanding home sat empty for at least 20 years. It sold for $3,835,000 at auction on Saturday, as eager builders battled for the keys.
The revitalised, ‘modern Victorian’ home now has a picture book facade, fluid floor plan and reinstated period features.