A two-bedroom townhouse in Cheltenham sold for over $1 million, exceeding its reserve by $187,500, driven by strong demand for single-level properties in a market with limited inventory. Six bidders competed for the property, which was described as well-maintained with potential for updates. This sale underscores that well-located, manageable properties appealing to multiple buyer groups, such as first-home buyers and downsizers, can still achieve strong results even in a softening market.
Read the full article at Property News - Latest Real Estate Market News
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Ali NematiWritten by Ali
