Auctions

Four sisters inherited the historic apartment building on Church Street, and now three of them have decided to sell.

New buyers who wouldn't have previously considered a service station investment are turning to the sector in the wake of the COVID-19 crisis, agents say.

The iconic Melbourne music venue has been sold, with the church announcing the purchase via video on Sunday.

First-home buyers have come out of the woodwork to get into the market, and anyone who wants a spot in this government scheme might need to get their skates on.

While up to 10 people are allowed to attend on-site auctions in Melbourne, many agents found themselves continuing to sell online due to high buyer interest.

The home in Bondi Junction was described as being "a touch like a museum" in its advertising campaign.

Two bidders fought it out but the price fell short of vendor hopes at auction and the home passed in. Less than an hour later, one party managed to nab the keys.

A three-bedroom home in Queanbeyan West sold under the hammer on Saturday morning after an intense and fierce bidding war between eight parties pushed the price to $721,000.

Five parties fought it out for the four-bedroom house but the next-door neighbour outbid investors who wanted to land-bank and rent the house out for a while.

It's usually a quiet weekend for the auction market with only a handful of homes going under the hammer, but this unusual year will look very different.