First home buyer beats investors for $771,000 Altona North house at auction - Sydney Morning Herald

Six bidders fought for the stylishly renovated home, a mix of downsizers, investors and first home buyers trying to get into the market before the next rate rise.

It was one of 594 auctions scheduled in Melbourne on Saturday. By evening, Domain Group recorded a preliminary clearance rate of 55.6 per cent from 426 reported results, while 57 auctions were withdr… [+2961 chars]

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