First Auction On Free Market The first investment property • submitted for public auction in Sydney since the lifting of land sales controls, today brought offers considerably less than the prices ruling before the controls ceased. Only £2500 was offered for a terrace of six brick houses yielding £312 a year in rents. Nine persons attended the sale.. “This is most disappointing,” said the auctioneer. “I was told that when sales control was lifted, the pot would burst. Apparently there is nothing in the pot.”— Sydney, September 1.
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Greymouth Evening Star, 2 September 1949, Page 5
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87Untitled Greymouth Evening Star, 2 September 1949, Page 5
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