Economy · World
Australian Homes Sell Significantly Above Reserve Price at Auction
Two separate unrenovated homes in Australia have sold for prices substantially exceeding their reserve amounts at auction. In Bayside, a home sold for $320,000 above reserve, with one report noting this was "not what we expected." Another unrenovated terrace in the inner west sold for $355,000 over its reserve price. The coverage does not specify the total sale prices or the exact locations within Bayside or the inner west.
How outlets across the spectrum covered it
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- Centre (2): The Age, The Sydney Morning Herald