Termite-infested terrace in Sydney sells for $1.4m or more than $400,000 above reserve at auction

Mail Online -

Mail Online—The four-bedroom home at Stanmore, in the city's inner-west, was sold at auction on Saturday at 40 per cent above the asking price, even though Sydney's broader housing market is slowing down.

Dilapidated western Sydney terrac sells for a staggering $1.4million. This dilapidated three-bedroom property on Railway Avenue in Stanmore, western Sydney, was snapped up on Monday despite needing a full renovation.