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, outbidding two first home buyer couples. The investor's bid exceeded the $565,000 reserve by $60,000, showcasing renewed market confidence. Agent Matthew John noted that despite patchy conditions, first home buyers are increasingly optimistic about future purchases.
Summary by OZbrief Editorial · Brisbane Times · 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: Brisbane Times. Editorial policy · Corrections
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