First home buyers pick up mid-century inner-north apartment for $752,000

Key points

• A two-bedroom 1970s apartment in Carlton North sold for $752,000 at auction on Saturday, almost $40,000 above its listed reserve. Three bidders competed for the top-floor home at 15/109 Wilson Street, which the vendors had owned as an investment for more than 35 years.
• The buyers were a couple with a design background who are first home buyers.
• Agent Charles Atkins said the new rule requiring vendors to publish reserves at least seven days before auction had brought more transparency.