So Northcote's been booming for a couple of years now, but recently the $1m renovated 4*2 market has really taken off. This property went for $1.401m yesterday, absolute madness! We bought our PPOR just a few streets away for $930k about 10 months ago, a very similar property, although not as nicely renovated, although bigger. At the time we paid what was a normal market price for the property, and at the time the house on Vauxhall Road probably would have sold for $1m flat - so a 40% increase in less than a year!