Four-bedroom Montmorency house sells for more than $200,000 above reserve

smh.com.au · world
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A four‑bedroom house in Montmorency sold for $1,475,000, more than $200,000 above the reserve price. The property sits on a large parcel that backs onto a reserve. Three competing bidders drove the final price higher. The sale reflects strong demand in the local market. The competitive process pushed the amount well beyond expectations.

The home, on a large block backing onto a reserve, sold for $1,475,000, with three bidders sending the price soaring.

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