By Sahil Makkar
Published: 01:18 BST, 12 May 2019 | Updated: 01:23 BST, 12 May 2019
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A first-time home buyer with seven children has snapped up a seven-bedroom house for less than $400,000 in Sydney's west as property prices continue to fall across the city.
The buyer bought the sprawling property in Tregear, a suburb 46 kilometres west of the CBD, at auction on Saturday.
The new owner plans to completely renovate the run-down and boarded-up house, which has a private backyard and was pitched as having 'immense potential'.
A first-time home buyer with seven children has snapped up a seven-bedroom house for less than $400,000 in Sydney's west as property prices continue to fall across the city
The auction started with an opening bid of $300,000, before eventually selling for $395,000 - only $15,000
