First Home Buyers Battle for $612,000 South Melbourne Pad The recent federal budget sent shockwaves through Australia's property market, but for first time buyers in Melbourne, the real story is about resilience and determination.
As auctions take place across the city, buyers and sellers engage in a complex dance that's as much about psychology as it is about price.
In South Melbourne, two first home buyer parties clashed over a well presented apartment at 71/88 Park Street, ultimately pushing the sale to $612,000.