{"id":703740,"date":"2026-05-30T06:22:13","date_gmt":"2026-05-30T06:22:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/au\/703740\/"},"modified":"2026-05-30T06:22:13","modified_gmt":"2026-05-30T06:22:13","slug":"melbourne-property-auctions-first-home-buyer-couple-pays-872500-for-three-bedder-in-airport-west","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/au\/703740\/","title":{"rendered":"Melbourne property auctions: First home buyer couple pays $872,500 for three-bedder in Airport West"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" alt=\"Caroline Zielinski\" data-testid=\"author-avatar-image\" height=\"64\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/03\/7e46122dc6bd4f4bb58681d2545b4610859a141a18b765705a0feabcefe15fb5.png\"  width=\"64\" class=\"sc-9a01536c-0 libeSR\"\/>Save<\/p>\n<p class=\"sc-d1b14060-4 JmUoF\">You have reached your maximum number of saved items.<\/p>\n<p>Remove items from your <a href=\"https:\/\/www.theage.com.au\/goodfood\/saved\" class=\"sc-3f16ee48-12 sc-d1b14060-2 jyLmZI iQLtAb\" rel=\"nofollow noopener\" target=\"_blank\">saved list<\/a> to add more.<\/p>\n<p>AAA<\/p>\n<p>A first home buyer couple paid $102,500 over the reserve for a three-bedroom house in Airport West, outbidding three other first home buyers at Saturday\u2019s action.<\/p>\n<p>The family home at <a class=\"inline-link\" href=\"https:\/\/www.domain.com.au\/102-halsey-road-airport-west-vic-3042-2020810879\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">102 Halsey Road <\/a>had a price guide of $700,000 to $770,000, and records show it last sold for $565,000 in 2019. On Saturday, it sold under the hammer for $872,500.<\/p>\n<p>The property was among 1245 scheduled to go to auction in Melbourne this week.<\/p>\n<p>Led by auctioneer and former Essendon football player Jason Johnson, who the vendors specifically requested due to their support for the club, proceedings began with a $700,000 genuine bid, going up in $10,000 and odd-number increments, said Jellis Craig Moonee Valley lead agent Lara Harris.<\/p>\n<p>Related Article<a href=\"https:\/\/www.theage.com.au\/property\/news\/they-tend-to-move-with-the-cycles-the-times-property-investors-fled-the-market-20260519-p5zymk.html\" tabindex=\"-1\" class=\"sc-cba76dee-0 hdiTqm\" rel=\"nofollow noopener\" target=\"_blank\"><img decoding=\"async\" alt=\"Some mortgage brokers say potential buyers are pulling out of deals.\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/1779831855_340_a1ea15b4d3909c0925b7466ac7ef0d75705e6fc4.jpeg\"  class=\"sc-d34e428-1 ioInpc\"\/><\/a><\/p>\n<p>\u201cThere were also some knockout bids, with people going up in $15,000 increments to knock the other buyer out,\u201d she said. The reserve was $770,000.<\/p>\n<p>The buyers were a young couple from Southbank \u201csick of apartment living\u201d, Harris said, who had once lived in the area and wanted to come back. The underbidders were also a young, first home buyer couple.<\/p>\n<p>Harris said the market was particularly strong below the $1 million mark.<\/p>\n<p>\u201cThere\u2019s a lot of first home buyers in the market, and anything priced sub-$1 million is moving really well,\u201d she said.<\/p>\n<p><img decoding=\"async\" alt=\"First home buyers flocked to the Airport West property at Saturday\u2019s auction.\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/e0a02b3782858310207bcf3e25892d6c2c6ce7db.jpeg\"  class=\"sc-d34e428-1 ldCIuB\"\/>First home buyers flocked to the Airport West property at Saturday\u2019s auction.Domain<\/p>\n<p><a class=\"inline-link\" href=\"https:\/\/www.theage.com.au\/property\/news\/they-tend-to-move-with-the-cycles-the-times-property-investors-fled-the-market-20260519-p5zymk.html\" rel=\"noopener noreferrer nofollow\" target=\"_blank\"> Investors, however, have been in short supply<\/a>.<\/p>\n<p>\u201cIt\u2019s more investors selling than investors buying now,\u201d Harris said.<\/p>\n<p>In Yarraville, in the inner-west, a \u201ccheeky\u201d bidder won the keys to a two-bedroom townhouse with a $931,000 offer, outbidding a first-home buyer couple.<\/p>\n<p>The <a class=\"inline-link\" href=\"https:\/\/www.theage.com.au\/property\/news\/five-of-the-best-light-filled-melbourne-homes-for-sale-20260527-p6019x.html\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">light-filled home<\/a> at <a class=\"inline-link\" href=\"https:\/\/www.domain.com.au\/13-canterbury-street-yarraville-vic-3013-2020820419\" rel=\"noopener noreferrer nofollow\" target=\"_blank\">13 Canterbury Street,<\/a> featuring glossy timber floors and a north-facing courtyard, was listed with a price guide of $775,000 to $850,000. It had a reserve of $850,000.<\/p>\n<p>Village Real Estate auctioneer and lead agent Joseph Luppino said the opening bid was a \u201clittle bit cheeky, a little bit low\u201d at $700,000, and was followed by a vendor bid of $800,000.<\/p>\n<p><img decoding=\"async\" alt=\"A young man bought the Yarraville property for $931,000 on his own. \" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/05\/9cb32a4619f519cac8c7ef4b7babecc42fecafb1.jpeg\"  class=\"sc-d34e428-1 ldCIuB\"\/>A young man bought the Yarraville property for $931,000 on his own. Domain<\/p>\n<p>\u201cThen that same buyer came back in at $810,000, and it went back and forth between them and a new buyer who entered at $820,000 for a while, before it sold back to the guy that opened up the bid at $700,000,\u201d he said.<\/p>\n<p>The buyer was a young man who had been looking to buy a property for five years, Luppino said.<\/p>\n<\/p>\n<p>Save<\/p>\n<p class=\"sc-d1b14060-4 JmUoF\">You have reached your maximum number of saved items.<\/p>\n<p>Remove items from your <a href=\"https:\/\/www.theage.com.au\/goodfood\/saved\" class=\"sc-3f16ee48-12 sc-d1b14060-2 jyLmZI iQLtAb\" rel=\"nofollow noopener\" target=\"_blank\">saved list<\/a> to add more.<\/p>\n<p>From our partners<\/p>\n","protected":false},"excerpt":{"rendered":"Save You have reached your maximum number of saved items. Remove items from your saved list to add&hellip;\n","protected":false},"author":2,"featured_media":703741,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[64,63,44],"class_list":["post-703740","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australia","tag-au","tag-australia","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/703740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=703740"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/703740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/703741"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=703740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=703740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=703740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}