SMH
·general
·1 hour ago
Reservoir three-bedroom home sells for $900,500 just above reserve
A three-bedroom home in Reservoir sold for $900,500 at auction on Saturday, just $500 above its reserve. Selling agent Keb Nguyen stated that the sellers likely lost money, having originally purchased the property for $860,000. This sale is indicative of a challenging market, with a preliminary auction clearance rate of 56 percent recorded across Melbourne.
Summary by Glance · SMH
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