First Home Buyer Outbids Seven Others for $943,000 Unit in Mortdale The recent surge in auction results, particularly the record breaking sale of a three bedroom house in Balmain for $2.
32 million, has sparked debate about whether the market is on the mend.
For first time homebuyers like the young man who outbid seven others for a two bedroom apartment in Mortdale last weekend, these developments raise important questions.