First home buyer couple pays $872,500 for north-west three-bedder
A first home buyer couple purchased a three-bedroom house in Airport West for $872,500, significantly above the reserve price. The property was previously sold for $565,000 in 2019 and attracted multiple bidders during the auction. The strong demand for homes priced under $1 million indicates a robust market for first home buyers.
- ▪The house was guided at a price range of $700,000 to $770,000.
- ▪The couple outbid three other first home buyers at the auction.
- ▪The property was among 1245 scheduled for auction in Melbourne that week.
Opening excerpt (first ~120 words) tap to expand
{"@context":"https://schema.org","@type":"NewsArticle","dateModified":"2026-05-30T04:00:12Z","datePublished":"2026-05-30T04:00:12Z","description":"A three-bedroom family home in Melbourne’s north-west sold for $102,500 over reserve to a first home buyer couple wanting to return to the area.","headline":"First home buyer couple pays $872,500 for north-west three-bedder","keywords":"Property market, Property investment, Negative gearing, First-home buyers, Airport West, Just in Age, Auctions","author":[{"@type":"Person","name":"Caroline Zielinski","jobTitle":"Property…
Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.