Upsizing Young Couple Wins Keys to Eastern Suburbs Home for $2,665,000 Recent auctions in Sydney's eastern suburbs have highlighted the increasingly blurred lines between vendor bids and genuine market demand.
In both Maroubra and Hornsby, properties were sold well above their price guides, with successful bidders paying hundreds of thousands more than initially anticipated. The young couple who won the keys to a $2.
665 million home in Maroubra had sold their apartment earlier in the year and were looking to upsize. Their bid was nearly $66,000 above the property's reserve price of $2. 6 million.