Five young families compete for charming $5.3m Mosman house

A two-storey, four-bedroom home in Mosman sold for $5.3 million at auction on Saturday, surpassing its $4.8 million guide. Five young families vied for the property, with bidding starting at $4 million. The clearance rate for Sydney auctions was recorded at 55 percent last week, indicating a slowing market.

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Summary by Glance · Original reporting by Brisbane Times