First home buyers are competing at auction for a tri-level townhouse in Northcote listed at around $1.2 million, according to multiple reports. Two couples place successive bids and trade offers during the auction process, with the price moving back and forth as they try to secure the property. Coverage across outlets describes the contest as closely matched between the two bidding couples.
In addition to the two active bidders, a third couple is reported to have been unable to place a bid during the auction. The accounts describe the auction as starting with interest from first-home buyers and then narrowing to the ongoing back-and-forth between two parties.
Overall, all sources agree on the main elements of the event: the property is in Northcote, the home is tri-level, the auction attracts first home buyers, bidding becomes a contest between two couples, and another prospective buyer does not end up placing a bid.
