Brisbane buyer pays A$4.9m for 1920s Newmarket home at auction

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A heritage-style Queenslander home in Newmarket, Brisbane, sold for A$4.9 million at auction. The buyer, who has local ties, had not planned to bid but ultimately chose to purchase the property. The six-bedroom residence offers sweeping city views. The sale stands out in a property market that has been slowed by higher interest rates and tighter borrowing conditions.

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