“A Fitzroy North Victorian house in original condition has sold for more than $1 million over the vendor’s reserve price, continuing Melbourne’s crazy property market. The freestanding four-bedroom house with a heritage overlay at 129 McKean St, Fitzroy North, sold for $2.65 million at the weekend, smashing the vendor’s $1.6 million reserve price. The median price for houses in Fitzroy North has jumped 35.8 per cent over the past five years to $1,010,500, according to latest results by CoreLogic RP Data.”
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