‘Almost unheard of’: First-home buyers get Fitzroy house for $950,000

This Fitzroy bluestone home has just sold for $950,000 in a shock result that has put the blue-chip area’s houses onto first-home buyers’ shopping lists. A young couple have walked into an “almost unheard of” $950,000 Fitzroy sale after missing an auction they thought they couldn’t afford. Chloe and Daniel drove to the three-bedroom character home’s auction late, debating how much over $1m it would have sold for. As they were relying on the federal government’s 5 Per Cent Deposit Scheme they knew would only be able to make an offer at $950,000 – the home’s reserve price. RELATED: Albo move could add $96k to Melb prices ‘overnight’ Melb home’s $1m+ win over RBA, Vic govt ‘Like a plague’: grim forecast for Melb auctions When they got there and found it had passed in they were shocked. “We know how lucky we are right now,” Chloe said. “We had given up the hope that we could afford it. We couldn’t believe that we actually were in a position to be able to do it.” The pair had been looking for about two months, and only got their finance pre-approved after they had inspected the house in its first week for sale. Oliver said even a month ago, they would have probably missed out on the hom...