The buyers of the $1.73m Northcote home paid $200,000 above reserve to outbid four other parties.Advertisement
Bidding came down to two local families before it sold under the hammer for $1.73 million, some $200,000 above reserve.Nowotsch said the buyers had been renting in the area and planned to renovate and live in the north-facing property, which had been owned by the same family since the 1960s. The suburb’s median house price declined 4.1 per cent to $1,572,500 in the year to March on Domain data.
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