Family pays $1.79m for Newport home, $10,000 under the reserve
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A family purchased a home in Newport for 1.79 million dollars. The final price was 10,000 dollars under the reserve. The family initially bid 1.735 million dollars at auction. The property was sold after it was passed in during the first weekend that all reserves in Victoria were transparent.
During the first weekend all reserves were transparent in Victoria, the family bid $1,735,000 at auction before the property was passed in and sold afterwards.
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