3-bedroom Dingley Village home in Melbourne sells for $1.265m, $130k above reserve, due to family home shortage.
A Dingley Village home in Melbourne was sold at auction for $130,000 above its reserve price, reaching $1.265 million. The three-bedroom house at 16 Teralba Close attracted five bidders, with auctioneer Mathew Cox attributing the high price to the shortage of family homes in that price range. He also predicts fewer listings in the coming months due to the limited supply of properties in that price range.
May 04, 2024
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