Investor lands inner-west villa for $625,000, edges out first home buyers
An investor purchased a two-bedroom villa in Kingsville, Melbourne, for $625,000 during Saturday's auction, surpassing two first home buyer couples. The sale exceeded the reserve by $60,000, highlighting persistent investor interest in the market. Industry experts note increasing confidence among first home buyers despite the mixed market conditions.
Summary by OZbrief Editorial · The Age · Source
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Published 20 Jun 2026, 03:57 UTC · Updated 20 Jun 2026, 04:00 UTC
Summary by OZbrief Editorial. Original report: The Age. Editorial policy · Corrections
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