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flag A Maroubra bungalow sold for $2.9M at auction, meeting its reserve, with a young builder and partner as buyers.

flag A Maroubra bungalow sold for $2.9 million at auction, meeting its $2.9 million reserve, with a young builder and his partner as the winning bidders. flag The property, part of a deceased estate and first sold in over 50 years, is less than 10 minutes from Maroubra Beach and was one of 976 Sydney homes auctioned that week. flag Bidding started at $2.5 million, with a guide of $2.6 million. flag A separate sale saw a renovated Brighton-le-Sands apartment with water views sell for $1.165 million, above its $950,000 guide. flag Agents noted ongoing demand for older buildings and scenic views, despite recent rate hikes affecting buyer confidence.

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