Auctions
The type of Melbourne homes that are passing in at auction
Some properties are struggling to attract interest as mortgage costs rise and buyers fret about the health of the global economy.
- Elizabeth Redman
Latest
‘It’s a small part of the world’: Williamstown home sells for $1.17m
The freestanding house at the rear of a period home attracted six bidders, with downsizers and young couples pushing the price $100,000 above the reserve.
- Shona Hendley
150-year-old inner-city landmark sells for $1.25m after passing in
The two-dwelling home has been a lolly shop and art gallery. It was bought by local first home buyers who will live in one residence and rent out the other.
- Abbir Dib
First-home buyers beat friends for $1.15m Highett weatherboard home
The winning couple embraced the underbidders after realising they had been competing against friends trying to buy the same property at auction.
- Emily Power
Rundown Carlton terraces fetch $1.7 million at auction
Developers battled it out at Saturday’s auction for a pair of Victorian workers’ cottages on a single title in Carlton, with the winner forking out $355,000 above the reserve.
- Abbir Dib
- Exclusive
- Victoria residential property
The Melbourne suburbs where unloved homes are getting more expensive
Almost two in five property sellers in Victoria who can’t get the price they want at auction are then setting their hopes even higher.
- Wes Mountain
Charity beats five first home buyers for $955,000 Footscray townhouse
The winner paid just $5000 over the price cap for the Australian Government 5 per cent deposit scheme for the three-bedroom home.
- Sarah Webb
Coburg family home passes in at auction after attracting only one bidder
The family home came with two storeys, five bedrooms and a separate bungalow, but did not sell under the hammer.
- Wes Mountain
Young couple pay $1.45m for home near Melbourne’s ‘coolest street’
The renovated three-bedder attracted several young couples for its lovely interiors and the great community vibe in the neighbourhood.
- Shona Hendley
‘Crazy outcome’: 1970s inner-north home sells for $2,253,000
A young couple paid half a million dollars over the bottom of the price guide to win the keys to the two-bedder at auction on Saturday.
- Wes Mountain