Joy as East Melbourne home held for 55+ years sells

The apartment on Powlett St in East Melbourne was snapped up by a pair of first-home buyers. The The owners of an East Melbourne apartment held by their family for more than five decades were overjoyed when it sold for $868,000 at auction yesterday. Kathy Braddon said her mother Phyl purchased the two-bedroom home that’s close to the MCG and Fitzroy Gardens in the late 1960s or 1970. Following her parents’ divorce, Ms Braddon spent much of her childhood at the residence along with her sister Deborah, their mother and stepfather Jack. RELATED: Victorian home auctions slated to slump in spring Regional Victorian property market defies crash as prices surge in key towns Property sector puts Ben Carroll on notice over Allan’s ‘damaging’ reforms Her fond memories include playing on the swings at a nearby park, walking to Lygon St with Deborah, and hearing the whistle signalling the grand final’s end – in addition to seeing balloons released into the sky at the game’s conclusion. After Phyl passed away, the abode at 9/21 Powlett St became an investment property for some years. However, Ms Braddon said that she and her husband John had decided it was now time to the apartment. They put it...