Roofless North Parramatta house sells at $785,000

Roofless North Parramatta house sells at $785,000
Roofless North Parramatta house sells at $785,000

A roofless three bedroom North Parramatta home, gutted by a fire, fetched $785,000 at auction at weekend auction.

The buyer of the Bourke Street had increased their bid from $780,000 to secure the 535 sqm property under the hammer.

It last traded for $597,500 in 2013.

The original 1960s owner, the Walter family were in attendance at the onsite auction.

Roofless North Parramatta house sells at 5,000

Ray White Parramatta agent Rowan Thredgold had said before the auction he hoped it wouldn't rain given there was no roof, but the rain stayed away.

CoreLogic had estimated its value as somewhere between $785,000 and $1.06 million, owing to its proximity to the expanding Parramatta CBD, proposed light rail station, and the newly built Bankwest Stadium. 

 

Roofless North Parramatta house sells at 5,000

 

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

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Auction North Parramatta

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