Real Estate & Home

Beekeeper lands $200,000 windfall for Fitzroy townhouse

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A Fitzroy townhouse recently sold for $1.95 million, $200,000 above the reserve price, demonstrating continued strong buyer interest in Melbourne’s inner suburbs. This outcome highlights the potential for significant price appreciation, even with concerns about interest rate rises and upcoming legislative changes impacting auctions. The buyer, who is an apiarist, plans to expand their beekeeping operation, reflecting a personal investment in the area.

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