Group 1 - An investor purchased a terrace in Paddington for AUD 2.385 million, planning to renovate and rent it out [1] - The property, a three-bedroom house located at 101 Hargrave St, had a guide price of AUD 2.2 million and a reserve price of AUD 2.375 million [1] - The auction attracted 7 registered bidders, with 5 actively competing, starting from an opening bid of AUD 1.8 million [1] Group 2 - A total of 473 properties were auctioned in Sydney on the same day [3] - The buyer is expected to spend around AUD 100,000 on renovations and aims to rent the property for AUD 1,200 per week [5] - High demand for properties in Paddington is noted, with limited inventory available [7]