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Humble red-brick Sydney home sells for $600,000 over the reserve for $4million


A single-storey red brick home has sold for a staggering $4million, a whopping $610,000 over the reserve price as home prices in Australia s continue to hit new records. 
The sale of the humble two-bedroom home on Nield Avenue in Rodd Point, in Sydney s inner west, exceeded the owner s expectations because of its waterfront location, city views and huge block that could easily be subdivided or extended.  
With the popular Bay Run also just a stone s throw away, the home was a rare find for many families looking to settle down, with 25 bidders turning up at the auction on the weekend. 
A single-storey home on Nield Avenue, in Rodd Point, sold for $4million over the weekend ....

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