![\"Shona](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/01\/b9555a6f228701394dd07153b5fbfa63069e560c.png\")
<\/p>\n<\/p>\n
Updated July 13, 2026 \u2014 1:30pm,first published 11:59am<\/p>\n
Save<\/p>\n
You have reached your maximum number of saved items.<\/p>\n
Remove items from your saved list<\/a> to add more.<\/p>\n AAA<\/p>\n A first home buyer couple paid $1,215,000 at auction for a three-bedroom, tri-level townhouse in Northcote on Saturday.<\/p>\n The home at 4\/2 McCracken Avenue has clever clerestory windows and a pine kitchen, and had a price guide of between $1,075,000 and $1,175,000.<\/p>\n The property was one of 588 properties scheduled for auction across Melbourne last week. By Saturday evening, Domain Group recorded a preliminary auction clearance rate of 57 per cent from 386 reported results throughout the week, while 71 auctions were withdrawn. Withdrawn auctions are counted as unsold properties when calculating the clearance rate.<\/p>\n Selling agent Matthew Akritidis from Nelson Alexander in Northcote said the townhouse sale was a \u201ccompetitive auction\u201d.<\/p>\n Related Article \u201cIt went back and forth between two registered bidders, two first home buyer couples,\u201d he said.<\/p>\n The auction opened with a bid of $1,050,000 and increased in $10,000 increments and then bids of $2000 towards the end. The reserve for the townhouse was $1,150,000.<\/p>\n There was a third interested party, also a couple after their first home, but they weren\u2019t \u201cable to get a bid in\u201d, Akritidis said.<\/p>\n The contemporary, turnkey property is close to High Street, which proved a good selling point.<\/p>\n \u201cIt was also a unique townhouse in the Northcote market<\/a>,\u201d Akritidis said.<\/p>\n \u201cIt had a high-calibre finish and lots of natural light from the north-facing position.\u201d<\/p>\n<\/p>\n The vendors are a young family upsizing in Northcote.<\/p>\n In Altona<\/a>, a three-bedroom house on a 630-square-metre block was passed in at auction for $890,000.<\/p>\n The home at 3 Karingal Street had a price guide of $880,000 to $940,000 and a reserve of $930,000.<\/p>\n Listing agent William Pendlebury from Known Real Estate said he was surprised by the result, as he believed the property would sell.<\/p>\n \u201cThere were a few interested parties, including a family and a developer, but on the day, they were on the fence,\u201d he said.<\/p>\n Only one bidder put their hand up, a young couple who \u201cwant to do some work\u201d on the home.<\/p>\n Related Article \u201cThey bid $890,000, and then it was passed in,\u201d Pendlebury said.<\/p>\n \u201cWe are currently in negotiations with the bidders and the other parties and expect it to sell in the coming days.\u201d<\/p>\n The seller is moving into aged care.<\/p>\n The brick home is \u201csolid and on a good-sized block of land. It is also close to the station,\u201d Pendlebury said. \u201cIt does need some work, but it has a lot of potential.\u201d<\/p>\n In Ascot Vale<\/a>, an entry-level home near the Maribyrnong River sold at auction for $999,000.<\/p>\n The three-bedroom home at 37 Walter Street had a price guide of $950,000 to $1,045,000.<\/p>\n Selling agent Louis Saba from Harcourts Coburg said the property had a \u201cfluctuating reserve\u201d.<\/p>\n \u201cIt was initially $1,050,000, and then on the day of the auction, it changed to $1,015,000. The sellers were being flexible with the market,\u201d he said.<\/p>\n There were two active bidders: the underbidder, a man looking to renovate the property, and the successful bidder, a woman purchasing the property for her adult son.<\/p>\n![\"10](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/07\/1783846092_737_c96da5f7b46d3d2cc1046a2767e4b890703656e9.jpeg\")
<\/a><\/p>\n![\"The](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/07\/1783916899_888_29c09d3729f4aba6faac762610335f5a2f72fb74.jpeg\")
<\/a><\/p>\n
![\"Unable](\"https:\/\/www.newsbeep.com\/au\/wp-content\/uploads\/2026\/07\/f4d0d792c7f9c260c0eef68c0556b75b494bbe95.jpeg\")
<\/a><\/p>\n