The Age ·australia ·3 hours ago

‘Like pulling teeth’: 50-minute auction ends with $1,725,000 purchase

A first homebuyer purchased a renovated two-bedroom townhouse in Fairlight for $1,725,000 after a 50-minute auction on Saturday. Georgi Bates, the sales agent, noted the competitive atmosphere, with bidding starting at $1.5 million. The sale reflects ongoing buyer interest in properties under the $3 million mark amid an unpredictable market.

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