PHOTO: There were bidders aplenty at the auction for 448A Bourke Street, Surry Hills. Photo: Peter Rae
A Surry Hills terrace with a colourful past soared $440,000 above reserve on Saturday, trading for $2.87 million in its first sale in more than 100 years.
More than 150 people and 17 registered bidders turned out for the auction of the three-bedroom Victorian terrace – a suspected former brothel during the Great Depression with links to the infamous madam Tilly Devine.
It was one of 826 auctions held across Sydney on Saturday, more than 120 of which were in the city and eastern suburbs.
By evening, Domain Group had recorded a preliminary clearance rate of 81.7 per cent from 503 reported results.
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