West Footscray $202,000 the nation's cheapest weekend result
Jonathan ChancellorDecember 7, 2020
The nation's cheapest weekend auction result was $202,000 for a West Footscray one bedroom apartment.
The 19/132 Rupert Street offering last sold in 1990 at $45,000.
Last listed at $190 a week rental earlier this year, the apartment had auction price guidance of $185,000 plus.
A decade ago the rent was $135 a week.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.