25-year-old first-time buyer purchases 2-bedroom cottage in Brunswick for $1.213M, exceeding reserve, in a 64.1% clearance rate auction market.

25-year-old first-time homebuyer in Melbourne purchased a 2-bedroom cottage in Brunswick for $1.213M, surpassing the reserve. Out of 529 reported auctions, 339 homes were sold, resulting in a 64.1% clearance rate, down from 67% last year. The property at 9 Ashmore Street sold for $113k more than its reserve, despite market challenges.

August 05, 2024
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