First home buyer pays $810,000 for Footscray townhouse with ‘grand’ feel

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The new home owner only inspected the house for the first time on Thursday, and made a snap decision to bid for the home. It was one of 393 auctions on Saturday.

A Footscray townhouse sold to a first-time buyer for $810,000 at auction on Saturday, after a tight contest for the home. The two-bedroom townhouse at 23 Souter Crescent was modern and featured an upstairs living and dining area and balcony. Jas Stephens agent John Galea had the sale; he listed the property with a quoted price range of $735,000 to $785,000.

“It’s very compact, but the ambience is very lovely,” he said. “The owner bought it off the plan 12 years ago, and she’s downsizing now she’s retired. “The location is great there, it’s quiet, family oriented and has lots of families and couples.



” The auction began at the bottom of the range and two buyers competed. The reserve was set at $795,000. Loading Galea said they were both first home buyers, and the parties traded fast bids in varying increments, until towards the end of the auction.

“The person that secured it put two big bold bids,” he said. “Ensuring you’re bidding with confidence goes a long way.” Galea said the winning bidder decided to buy the home quickly.

“The young chap ...

only inspected it for the first time on Thursday night,” he said..