Bulimba, Queensland mortgagee home sold for $54,000 loss

Bulimba, Queensland mortgagee home sold for $54,000 loss
Bulimba, Queensland mortgagee home sold for $54,000 loss

A Bulimba, Queensland mortgagee apartment has been successfully sold for $335,000.

The sales represents a reduction in the value of $54,000 compared to the previous sale price.

Jared Candlin and Michael Clarke marketed the unit.

Situated at 107/425 Hawthorne Road, the property consists of a one bedroom, one bathroom apartment with a single parking space.

Set on 74 sqm, the abode successfully sold under the auction hammer on August 18.

The home was listed as a rental as recently as 2014 and 2015 seeking $395/pw, less than what it sought when it was listed as a rental in 2012/2013 when it asked for $420-$435/pw

Last sold in 2011, the unit transacted for $389,000.

Bulimba, Queensland mortgagee home sold for ,000 loss

The median sale price for a home in Bulimba is $600,000, according to CoreLogic

Tags: 
Bulimba Mortgagee Sale

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