PHOTO: 67 Waterloo Crescent, St Kilda, fetched $2,065,000 through McGrath.
Real estate agents reported stepped-up buyer enthusiasm for inner-suburban properties at the weekend as bidders turned out in reasonable numbers for about half of the city’s auctions.
In Richmond, the bids flowed easily for an extended double-fronted timber house on 300 square metres at 124 Gwynne Street. The auction attracted 70 onlookers, mainly couples in their 20s and 30s.
Biggin & Scott auctioneer Russell Cambridge said the property, quoted at $1.4 million to $1.525 million, was priced in the same range as single-fronted cottages in the area and represented “damn good buying”. He quickly landed a $1.35 million opening bid.
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