Woorree, WA mortgagee home sold $35,000 below asking price

Woorree, WA mortgagee home sold $35,000 below asking price
Woorree, WA mortgagee home sold $35,000 below asking price

A four bedroom, two bathroom Woorree, West Australia, house has sold for $290,000.

Located in Woorree, an eastern suburb of Geraldton the abode was sold for an increase in price of just $17,000 after being held for 18 years.

Sold after two months on the market, the home traded for $35,000 below its $325,000 asking price.

Doug Fabian of Ray White marketed the listing.

Situated at 29 Polo Road, the one story house was built in 1982.

Set on a 1 hectare plot, the property features 75 metres of street frontage.

According to the listing, "This home... does require lots of TLC".

It remained on market for 57 days at the same asking price of $325,000.

Last sold in 2001, the home transacted for $273,000.

Woorree, WA mortgagee home sold ,000 below asking price

According to CoreLogic, the annual change in Woorree's median price over the past 10 years is -1.7%.

Tags: 
Mortgagee Sale Woorree

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