Three first home buyers competed for a one-bedroom home sold by a “very realistic” investor who “met the market”.

The new owner of this rundown apartment secured the keys with a final $5000 bid. He was happy when he heard where the proceeds of the sale were headed.

Seven bidders registered for the northern beaches townhouse, but bids were so slow that the agent almost passed it in. In the end, a first home buyer won the keys.

Three first home buyers competed for a one-bedroom home sold by a “very realistic” investor who “met the market”.