The Sheriff’s sale of a repossessed house in Melbourne’s west for $1000 — that was worth an estimated $630,000 — has today been overturned by the Victorian Supreme Court.

The five-bedroom, two-storey brick house in Wirraway Avenue, Braybrook, built in 2006 by owner Zhiping Zhou, was repossessed by the Sheriff in late 2009 after Zhou failed to re-pay a $100,000 debt. Continue reading Court knocks out ‘illusory’ $1000 home sale →