Property investor sells Seddon house for $1.25m, $50,000 below reserve
The charming red brick house did not attract a genuine bid at auction, and passed in on a vendor bid before negotiations ensued.
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The charming red brick house did not attract a genuine bid at auction, and passed in on a vendor bid before negotiations ensued.
Locals are working as many hours as possible, choosing cheaper groceries and still finding there’s nothing left at the end of the week.
NextDC faces twin shareholder class actions over allegations it hid suburban grid delays while raising $1.1 billion, as rivals circle the wounded tech giant.
With city, water, or park views, rooftop terraces also provide a private space for entertaining and relaxing, especially as the weather warms up.
Home borrowers have been throwing everything at their mortgages, but getting ahead has become harder and harder this year.
In a major surprise, the vote was 6-3 in favour of the hike, suggesting there is a split in parts of the bank about the direction of interest rates.
House values tumbled for a seventh consecutive month in October with the decline spreading across the country. It could get worse.
Property & Real Estate
The latest Property news, market analysis and opinion from The Age
Agents say buyers are looking to make an offer after an auction passes in, as a fear of overpaying hits during this market downturn.
Readers urge the government and the Reserve Bank to think of their priorities.
In some spots, the cost to buy a typical house is down by double digits, as first home buyers prop up more affordable areas.
Sellers can fetch a premium by going to auction rather than accepting the highest offer prior, but the gap between the two is narrowing.