3-bedroom Melbourne townhouse sells for $3m in 2-second auction, exceeding reserve by $350k.

A Brighton townhouse in Melbourne sold for $3m in a rapid 2-second auction, with a single bidder exceeding the reserve price by $350k. Out of 627 Melbourne auctions on Saturday, 413 homes sold, 60 were withdrawn, and the preliminary clearance rate reached 65.9%. The 3-bedroom, 2-bathroom home initially had a quoted price of $2.49m-$2.65m and experienced high interest throughout the campaign.

August 12, 2024
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