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Two-Bedroom Alexandria Apartment Sells for $975,000 at Auction

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Story summary
  • A two-bedroom apartment sold for $975,000 at an Alexandria auction.
  • The auction opened at $850,000 with $10,000 and $5,000 bidding increments.
  • Ray White Erskineville’s Moira Verheijen said interest-rate hikes made buyers cautious.
  • A property in Castle Hill sold for $1.59 million after meeting its $1.45 million reserve.
  • McGrath Castle Hill’s Jamie Benjamin said buyers were attracted by nearby transport and schools.