Brunswick fixer-upper passes in at auction as rising building costs deter bidders - The Age

Two bidders tentatively raised their hands but would not go above $1.23 million, and the agent said the higher cost of building is hitting buyers that would normally jump at the chance to renovate or rebuild.

Building costs for a $400,000 home have jumped by at least $76,000 since 2021, building industry experts say. I definitely think some people are scared of how much building costs are today, Butler s… [+4289 chars]

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