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Nervous buyer exits auction race for $2.41 million Dulwich Hill home

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“We buy first and then sell, which is a bit stressful in a falling market, but it worked out well,” he said. “It’s great to give our house over to another family with kids.” Four of the five registered bidders competed for the house, but needed a few pushes to start bidding. Credit: Peter Rae Sales agent William Pereira, from Adrian William, had been expecting seven buyers, but two came out at the last minute, deciding to watch the auction from the sidelines. Pereira said news of rising interest rates and falling prices had made buyers a little more cautious in their approach, but noted there was still good buyer demand. White predicts it will be his strongest auction of the day, with only one or two bidders expected at the other three auctions he calls on Saturday. “It’s great to have such a strong offering … that’s rare nowadays,” he said. While rising interest rates put downward pressure on prices, as it affects buyers’ borrowing power, he feels the pullback in buyer confidence has

Hunters Hill house fetches $4.47 million at auction, requires $2 million reno

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The 740-square-meter property is a rare opportunity to secure a flat block with city views in the peninsula enclave, Bagala said. Records show the house last traded for £4650 in 1956. Although the market was not as vibrant as before, blue chip properties were still selling at the same level as last year, Bagala added. Auction Troy Malcolm prepares to sell the house. Credit: Rhett Wyman Suburban home prices jumped more than a third in the year to March, according to Domain data, hitting an average of $4,115,000. In Rushcutters Bay, a first homebuying couple bought another fixer top—a one-bedroom apartment with study—for $641,000. There were eight registered bidders for the deceased inheritance at 3/70 Bayswater Road and five made bids after bidding opened at $500,000, pushing the price $91,000 above reserves. First-time homebuyers beat builders, investors, and other homebuyers for locks. That’s good news for a couple who are vacationing in Byron Bay and have families bidding on their

Hunters Hill house fetches $4.47 million at auction, requires $2 million reno

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The 740-square-meter property is a rare opportunity to secure a flat block with city views in the enclave of the peninsula, Bagala said. Records show the house last traded for £4650 in 1956. Although the market was not as vibrant as before, blue chip properties were still selling at the same level as last year, Bagala added. Auction Troy Malcolm prepares to sell the house. Credit: Rhett Wyman Suburban home prices jumped more than a third in the year to March, Domain data showed, hitting an average of $4,115,000. In Rushcutters Bay, a first homebuying couple bought another fixer top—a one-bedroom apartment with study—for $641,000. There were eight registered bidders for the deceased inheritance at 3/70 Bayswater Road and five made bids after bidding opened at $500,000, pushing the price $91,000 above reserves. First-time homebuyers beat builders, investors, and other homebuyers for locks. That’s good news for a couple who are vacationing in Byron Bay and have families bidding on their