Buyers can be picky
And in Reservoir, a fivebedroom house at 20 Robins Ave went for $1.195 million, a hefty $95,000 above reserve.
Meanwhile, the threebedroom house at 23 Mindoro Cres, Lalor, fetched $80,000 above its reserve price when it sold under the hammer for $505,000.
First-home buyers beat seven other hopefuls in a bidding frenzy that saw 40 offers exchanged.
Harcourts, Thomastown and Epping, director Tony Lombardi put the result down to the area’s affordability.
“Properties in Lalor are still affordable compared with surrounding areas,” he said. “This is contributing to higher inspection numbers in Lalor at present.”
This week, CoreLogic RP Data expects more than 880 homes to be auctioned across Victoria.