Tullamarine first timers’ win engaging auction with $40k premium
A first-home buyer couple will celebrate their first step onto the property ladder at their engagement party later tonight.
The four-bedroom house at 5 Kirk Court shot $40,000 past expectations in a tight contest, according to Ray White Gladstone Park’s Phillip Mercieca.
The auction opened with a $650,000 bid and took 30 seconds to hit the market at $690,000 as six bidders fought a fast-paced battle for the keys that ended at $730,000.
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“There would have been more than 100 people there … and 10 more who wanted to bid on it, but who just didn’t get a chance,” Mr Mercieca said.
A first-home buyer couple won the keys and another reason to celebrate at their engagement party later in the day.
Vendors Beth and Grant Baseggio, who are expecting their second child, were thrilled with the result.
“It was bitter sweet, it was the home we owned when we got married and when we brought our first child home,” Ms Baseggio said.
“There will be celebrating and a lot of hugs and laughter, but no champagne for me.”
They will be moving to the Macedon Ranges where Ms Baseggio grew up.
The sale would help build confidence in the auction market, Mr Mercieca added.
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“A lot of buyers are realising it is an opportune time,” he said.