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 at auction on Saturday, exceeding the reserve by $60,000. The property, which features Tasmanian hardwood floors and a private outdoor area, attracted competitive bidding from first home buyers. The auction was part of a busy week in Melbourne, with 877 properties scheduled to go under the hammer.
Summary by OZbrief Editorial · SMH · 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: SMH. Editorial policy · Corrections
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