A five-bedroom house on Sydney’s upper north shore sells for $2.77 million, which is about $120,000 below its listed reserve price, according to multiple outlets. The sale follows a process in which there are two registered bidders. One bidder ultimately does not proceed, described as getting cold feet, leaving the remaining buyer to secure the property. The purchaser is reported to be a young family that wins the keys to the home. Sources also state the family is upsizing, moving from a nearby residence. The reports describe the property as a “five-bedder” located in a leafy suburb on the upper north shore. While the outlets agree on the sale price, the comparison to the reserve, and the reason one bidder drops out, they provide no additional details on the home’s features, the exact suburb, or the buyer’s identity.