A two-bedroom home in Yarraville that has been converted from a shop sells for $1.24 million at auction, according to reports from Melbourne and Sydney outlets. The property attracts three bidders and ultimately sells $195,000 above the stated reserve price. Coverage notes the sale occurs amid a weak Melbourne auction market, where competition is reported to be limited for some listings. Despite that broader market context, this home draws sufficient interest to push the final price well above reserve. The reports describe the property as a “charming” converted shop, highlighting its two-bedroom layout as a key feature among the factors bringing bidders to the auction. No additional details about the buyers, the property’s interior or renovations, or the specific auction organiser are included in the provided summaries. Overall, the outlets align on the sale price, the auction outcome versus reserve, and the level of bidder competition.