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Fitzroy North art deco home sells for $1.57 million at auction
An art deco home in Fitzroy North, Melbourne, sold for $1,572,000 at auction, exceeding its $1.5 million reserve by $72,000. The three-bedroom property at 15 King Street featured recent renovations, including polished floorboards and a light-filled entertaining area.
Jellis Craig auctioneer David Sanguinedo noted that the auction involved competition between a local downsizer and a bidder from Sydney. Sanguinedo observed that the market remains tight, with buyer demand outpacing available stock.
In a separate sale, a four-bedroom modern townhouse in West Footscray sold for $900,000 through post-auction negotiations. This property had a price guide of $800,000 to $880,000 and a reserve of $900,000. The week saw a total of 647 properties scheduled for auction across Melbourne.
Entities
David Sanguinedo · Fitzroy North · Jellis Craig · Melbourne · West Footscray
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 3 SOURCES] An art deco house in Fitzroy North sold for $1,572,000 at auction. www.brisbanetimes.com.au · www.theage.com.au · www.smh.com.au
- [● 3 SOURCES] The Fitzroy North property sold for $72,000 above its reserve price. www.brisbanetimes.com.au · www.theage.com.au · www.smh.com.au
- [● 3 SOURCES] There were 647 properties scheduled for auction in Melbourne during the week. www.brisbanetimes.com.au · www.theage.com.au · www.smh.com.au
- [● 3 SOURCES] A four-bedroom townhouse in West Footscray sold for $900,000 following post-auction negotiations. www.brisbanetimes.com.au · www.theage.com.au · www.smh.com.au
- [● 3 SOURCES] David Sanguinedo stated that there are more buyers than available stock in the market. www.brisbanetimes.com.au · www.theage.com.au · www.smh.com.au