Topic | Auctions | The Age

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Melbourne vendor-builder turns tidy profit on $2.4m reno at auction

Melbourne vendor-builder turns tidy profit on $2.4m reno at auction

A couple beat three young families for the four-bedroom family home in Templestowe that last sold in 2019 and has since had a transformative renovation.

  • by Tom Carey

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Builders and flippers fight for $965,000 Coburg knock-down

Builders and flippers fight for $965,000 Coburg knock-down

The deceased estate was in poor condition, and attracted spirited competition from builders and property flippers looking for a project.

  • by Jim Malo
‘It went gangbusters’: Tuscan-style Hawthorn East home fetches $5.05m

‘It went gangbusters’: Tuscan-style Hawthorn East home fetches $5.05m

Five families attracted to the location competed for the four-bedroom residence with manicured gardens and luxury finishes.

  • by Carmen Forward
A Seddon home passed in at $1.27 million. The sole bidder paid an extra $45,000 to buy it

A Seddon home passed in at $1.27 million. The sole bidder paid an extra $45,000 to buy it

The renovated Victorian-style property passed in at auction before selling to a downsizer from a neighbouring suburb.

  • by Alexandra Middleton
Architect-designed Hawthorn stunner that used ‘every bit of space’ fetches $7m

Architect-designed Hawthorn stunner that used ‘every bit of space’ fetches $7m

A local downsizer bought a brand-new home in the Grace Park Estate with floor-to-ceiling windows, beating two other bidders.

  • by Sarah Webb
Only one buyer turned up for a Brunswick five-bedder. But it passed in at $1.62m

Only one buyer turned up for a Brunswick five-bedder. But it passed in at $1.62m

The vendor placed two bids in the hope of kick-starting the auction of the California-style bungalow.

  • by Alexandra Middleton
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Why it’s a better time to buy a home right now

Why it’s a better time to buy a home right now

The scales are tipping in buyers’ favour and sellers are losing the upper hand at auction, new figures show.

  • by Jim Malo
‘Comfortable’ Canterbury house faces wrecking ball after $4.62m auction sale

‘Comfortable’ Canterbury house faces wrecking ball after $4.62m auction sale

Most of the potential buyers had plans to knock down and rebuild the four-bedroom home, which came with an indoor pool and sauna. It was one of 900 auctions scheduled on Saturday.

  • by Tom Carey
Essendon home owned by same family for 69 years sells for $1.59m

Essendon home owned by same family for 69 years sells for $1.59m

It was a bittersweet moment for the sellers, whose family home since 1955 was sold for some $215,000 above reserve.

  • by Alexandra Middleton
Family tops price range with one bid to buy Bentleigh East house for $3.43 million

Family tops price range with one bid to buy Bentleigh East house for $3.43 million

The auctioneer said the buyers, who used an advocate, had planned to blow all the other bidders away in an effort to secure the keys for the home.

  • by Tom Carey
Young couple pays $200,000 above reserve for spacious Yarraville home

Young couple pays $200,000 above reserve for spacious Yarraville home

It took a vendor bid to start the auction before three bidders pushed the price well above the reserve.

  • by Alexandra Middleton